Regional Surveys Show U.S. Economy is Picking up – Reuters As Hybrid Cars Gobble Rare Metals, Shortage Looms – Reuters Gold Ends Lower as Risk-Averse Investors Sell – Reuters Strong Demand Pushes Raw Sugar to 28 1/2 Year High – Reuters/Forbes Report Rekindles China Derivatives Debate – NY Times Bond Market Eying 10% Jobless Rate [...]
Consumer Spending Up, but Morale Sinks – Reuters Clunker-Like, U.S. Housing Plan Saps Future Demand – Reuters U.S. Gold Hits 3-Week High on Economic Optimism – Reuters Labor Day Travel Scaled Back This Year, According to AAA Survey – Chicago Tribune Gold’s Moment of Truth – Miningmx.com Oil Rises on Economic Hopes After Consumer Spending [...]
Economy Shrinks Les, Jobless Claims Fall – Reuters What Goes Up Must Come Down? Stocks May Defy Gravity – Reuters Palladium’s Rally May Screech to Halt Without “Clunkers” – MarketWatch Crude Futures Rebound as Stocks Gain, Dollar Weakens – MarketWatch Stock Advisers Sentiment Index Hits Late-2007 Levels – MarketWatch Natural Gas Prices Drop to 7-Year [...]
A recent article in the Wall Street Journal ponders bubbles throughout history. How I Got Burned by Beanie Babies By KAREN BLUMENTHAL In this decade, we have had more than our share of big-time booms and busts: the tech bubble, the housing bubble and, this year, what Warren Buffett has called the Treasury bubble. For [...]
By Jeff Friedman Part 1/5 See Part 2-5…
Home Sales, Durable Orders Buoy Recovery Hopes – Reuters New CFTC Report May Raise Transparency, Questions – Reuters Copper Ends Off Highs as Data, China Worries Cap – Reuters Gold Demand Rises as Investors Seek Safety – Chicago Tribune 2nd Biggest Corn Harvest to Yield Price Uncertainties – Chicago Tribune Oil Falls for Second Day [...]
Bernanke Tapped for 2nd Term – Bloomberg Oil Futures: Crude Sells off After Hitting $75/Bbl – DJ/First Enercast U.S. Housing, Confidence Data Point to Recovery – Reuters World Stocks Down, CHina Off 2% – RealClearMarkets Top Forestry Firms See Market Stability – Reuters Barclays Global Investors’ Commodity ETF Halts Share Creations – WSJ Commodity Mutual [...]
By Frank J. Cholly In the past two weeks we have seen sugar trade at prices that we haven’t seen in more than 25 years. In my opinion, this market is due for a big correction. How does this type of escalating price action occur? No, it’s not just the speculators! It is a combination [...]
Who’s Afraid of Deflation? – Reuters U.S. Gold Ends Down From 1-Week High, Eyes Currencies – Reuters Chicago Fed National Activity Index Less Weak in July – Reuters Crude Rises on Economic Optimism; Natural Gas Rebounds – MarketWatch Central Bank Chiefs Say Work Isn’t Over Even as Crisis Abates – MarketWatch Gold Heading Sideways to [...]
Last week, the Commodity Futures Trading Commission (CFTC) announced plans to ramp up enforcement of position limits, focusing on agricultural and energy markets in particular. Commodity-based ETFs have been a target and several have announced the suspension of sales. Here is a roundup of articles and opinions on the subject over the past few days. [...]
