The 6PM Recap With Gary Wagner: If It Pecks Like A Duck, You’ll Be Driven Ever Crazier
The threatened rate increase – which just about everyone has had enough of discussing – is like getting pecked to death by ducks. You become so insensate at the constant noise and poking that eventually you throw your hands up and surrender.
Gold Steady to Slightly Higher on Tepid Short Covering, Chart Consolidation
Gold prices ended the U.S. day session near steady in the cash market and slightly up in the futures market Monday.
Read moreCenterra: Kumtor Output Rises In 3Q; Work Continues Toward New Projects
Most of Centerra Gold Inc.’s (TSX: CG) production this year is coming from the Kumtor mine in the Kyrgyz Republic as output at Boroo in Mongolia winds down, and with the company still in the process of bringing new projects on line.
U.S. Monetary Policy: Made In China? – Berkeley Professor
As investors look for clues as to when U.S. Federal Reserve officials will finally pull the trigger on rates, especially after a much better-than-expected jobs report Friday, one Berkeley professor and economist says they are looking in the wrong place…
Read moreCongress Bullying The Fed For Gov’t Funding – Former Fed Chair Bernanke
The idea of using Federal Reserve capital to fund government spending is a “bad” one, says one former chairman of the central bank, arguing that officials on Capitol Hill may be manipulating their way into the Fed’s purse.
Money Managers Cut Net-Long Positioning In Gold, Silver Futures–CFTC Data
Large speculators trimmed their net bullish positioning in gold and silver during the most recent reporting week for Commodity Futures Trading Commission data and are likely to have done so again when the next report is released, analysts said.
Read moreTechnical Trading: Is Gold In A Holding Pattern Ahead Of December Fed Meeting?
Gold prices edged modestly higher in early trading Monday, as the market stabilizes following the recent dramatic price declines.
Read morePrecious Metals Under Pressure, But Gold The Exception Monday – Triland Metals
Precious metals are under pressure Monday, but Triland Metals analysts point out that gold is the exception.
Read moreGold Sees Modest Corrective Bounce After Last Week’s Shellacking
Gold prices are firmer in early U.S. trading Monday, following strong selling pressure last week that drove prices to a three-month low on Friday.
Read moreMore Downbeat China Economic Data Monday
Gold Prices are firmer on a short-covering and bargain hunting Bounce after hitting a 3-month low Monday.
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