Now in bear market territory.
Comments »Copper Hits Fresh New Lows
Currency and Commodity Boards
Rare Earth Pricing Implodes by 40% As Alternatives Are Brought to the Table
Commodity and Currency Boards
Gold Rises Over Night on Safe Haven Play
Gold then pared gains and trades down $3.50 @ $1,614.7
Comments »Crude Oil Pares Most Gains Over Night
Copper Futures Continue to Head Lower
A little deflation is good for input costs no ? Hopefully is will not scare hope into extinction.
Comments »ALERT: Copper and Silver are Being Bludgeoned to Death
Both copper and silver are extending today’s losses, down almost 7%.
Comments »Oil slides on supply increase, lower demand
Comments »NEW YORK (AP) — Oil dropped Wednesday after the government reported weak fuel demand in the U.S. and an unexpectedly large increase in crude supplies.
Benchmark crude fell 94 cents to $83.51 per barrel in New York, while Brent crude lost $1.02 at $106.12 in London.
Prices had risen sharply earlier this week as Europe appeared to get a better handle on its debt crisis. They fell again as investors turned their attention back to the U.S., the world’s largest petroleum consumer.
The Energy Department reported that gasoline demand last week dropped 2.4 percent from the same time last year. U.S. crude supplies grew by 1.9 million barrels last week, while analysts expected oil supplies to remain unchanged.
Oil has stayed between $79 and $90 a barrel since Aug. 4, as investors have kept a worried eye on weak demand, Europe’s debt crisis and the chances of the U.S. sliding into another recession.
“There’s still a lot of weakness in the U.S.,” said Michael Lynch, president of Strategic Energy & Economic Research.
At the pump, gasoline prices fell 1.4 cents to a national average of $3.465 per gallon on Wednesday. Prices have dipped below $3 per gallon in some cities, including St. Louis, Mo.
In other energy trading, heating oil was virtually unchanged at $2.8846 per gallon and gasoline futures were down a penny at $2.6252 per gallon. Natural gas fell 4 cents to $3.833 per 1,000 cubic feet.
Global Growth Worries: Copper Down More than 4.5%
Despite the strong tape, copper is trading off sharply, down almost 5% for the session.
Comments »Besides Copper and Coffee Commodities Manage to Pare Losses
Gold Continues Recovery As Investors Look For Safe Haven Buys
Hedge Funds Stay Strong With Gold Despite Recent Sell Off
Gold and Silver Explode to the Upside
A Lesson From the Dollar Chart and How it Dominates Commodities
Marc Faber: “Gold Is Quite Oversold. I Will Consider Buying Gold Over The Next Two Days”
Marc Faber: Gold Could Fall to $1,100
Gold Dips Below $1600 and Then Pares Losses
Over the weekend i read somewhere ther is a rumor of another 15-20% margin hike coming in gold.
True or not it is a shame that central banks and markets are trying to push investors out of perceived safe havens.
Gold is trading down $7 @ $1,631.60
Comments »Goldman’s Jim O’Neill: Don’t Even Think About The Words “Safe Haven”
Fine art, long term real estate holdings, cash flow positive companies for pennies on the dollar are just a few things that goes against this article.
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