by Tom Power Gold continues to move higher, reaching another record high above $1,900 an ounce Tuesday, September 6, after the Labor Day holiday break. In the past four months, gold has rallied more than $450 an ounce. While many investors and traders are reluctant to jump in and purchase gold at these levels, I [...]
Which metal looks to be the better buy this year: gold, silver or copper? Silver and copper could outperform gold this year as potential supply constraints loom, says our Senior Market Strategist Phil Streible in this CNBC interview. Copper hit an all-time high this month at both the LME and the COMEX markets.
Silver has rallied to a 30-year high above $30 an ounce, but what’s truly driving this market? Is it real demand, or pure speculation? Lind-Waldock Sr. Market Strategist Richard Ilczyszyn shares his thoughts on metals on CNBC’s “Fast Money” program. He said while gold and silver won’t go straight up in 2011, these markets are [...]
by William Baruch I am not going to tell you why you should buy gold. Gold’s rise to record highs above $1,400 an ounce has spawned plenty of articles on the subject, and if you are a gold bug, you have plenty of reasons. The main question I would like to address is, should you [...]
Commodities are on the move today after the U.S. November elections and the Federal Reserve delivered what the market wanted to see Tuesday and Wednesday. Gold shot up to a new record, rising $45.50 to $1,383.10 an ounce. Crude oil also gained big, topping $86 a barrel. Lind-Waldock Senior Market Strategist Richard Ilczyszyn said he’s [...]
Gold eased off it’s record high Monday, with the December contract ending down $2 at $1,315.50 an ounce. Lind-Waldock Senior Market Strategist Phil Streible discusses the gold market and possible strategies for traders on thestreet.com tv.
Gold has been hovering near new record highs and is currently trading above $1,248 an ounce, but remains influenced by the “risk-on, risk-off” trade. Do gold and other precious metals still represent value for investors who haven’t yet purchased them? Lind-Waldock Senior Market Strategist Richard Ilczyszyn and MF Global Analyst Tom Pawlicki share their thoughts [...]
Futures Market Outlook by Blake Robben Usually when the markets show hints of bubbling or topping action, the moves are parabolic and the angles we see on charts are very steep. While we clearly saw that in crude oil last year, I don’t see that pattern yet in gold. I think gold, crude oil and [...]
