"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •654 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •10 mins | 2,141.70 | +29.50 | +1.40% |
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WTI Crude •21 hours | 84.98 | -9.71 | -10.25% |
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Gasoline •21 hours | 3.012 | -0.151 | -4.79% |
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Ethanol •654 days | 2.161 | +0.000 | +0.00% |
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Silver •654 days | 30.82 | +1.16 | +3.92% |
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Silver • 654 days | 30.82 | +1.16 | +3.92% | |
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Copper • 654 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 20 hours | 90.38 | -9.01 | -9.07% | |
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Natural Gas • 21 hours | 2.680 | +0.033 | +1.25% | |
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Heating Oil • 21 hours | 3.436 | -0.397 | -10.36% |
Markets / Other
USD/CAD: Breaking Out of Its Declining Channel
USD/CAD has broken to the upside out of its declining channel. A further short-term rise is favoured. Resistances stand at 1.0568 and 1.0609. Supports can be found at 1.0485 (19/11/2013…
GOLD Elliott Wave Technical Analysis
Yesterday's analysis expected a third wave downwards to end about 1,234 to 1,236. The third wave has ended at 1,236.89. The wave count remains the same.
Supply And Demand Continues To Support Bullish Case For Stocks
On Wednesday, the Fed minutes hinted at tapering in the months ahead. The stock market sold off on the news. Less than 24 hours later, a tame report on inflation…
Final Plunge in Precious Metals is Underway
Two weeks ago we penned Gold Bear to end with a Bang, and noted the increasing probability that precious metals could be headed for a plunge to new lows ahead…
McDonald's CEO on Minimum Wage and Expansion
McDonald's CEO Don Thompson, sat down with Bloomberg Television's Betty Liu this afternoon at Bloomberg's The Year Ahead: 2014 in Chicago and said:
China's 3rd Plenum Means Slower Growth; Australia's 'One Trick Pony' is Biggest Loser; What About Canada?
Here's some interesting analysis from Steen Jakobsen, chief economist of Saxo Bank, regarding implications of China's 3rd plenum. Before presenting the viewpoint of Jakobsen, some readers may be wondering "What…
Connecting the Dots
Gold and silver hit the drop zone yesterday of the commodity comparative we had made with the previous downturn in 2008/2009. We added a TIP chart to the series, considering…
Summers to Bloomberg TV: History Will Overwhelmingly Approve QE
Former Treasury Secretary Larry Summers told Bloomberg Television's Stephanie Ruhle at the Robin Hood Investors Conference today that the Federal Reserve's quantitative easing program was the right call for the…
Did An Obscure IMF Document Start A Global Bail-In Revolution?
When revolutions start, it's not uncommon for almost nobody to notice. It may take years or even decades before historians can look back, point a finger and say "that's where…
Hard to Believe but Gold Remains in a Bull Market!
In case anyone is wondering, the long-term bull for gold remains intact. However, it sure doesn't feel like it. The daily trend is down, the weekly trend is down and…
