The U.S. employment report was published today, June 3rd by the Bureau of Labor Statistics published regarding May 2011. The report didn’t present good news for the progress of the U.S. economy: The labor force rose at a much slower…
Gold price keeps on moderately changing with no clear trend, while silver prices might be starting a new downward trend. The disappointing results in the recent U.S. labor report might stir the commodities markets. Let’s analyze the precious metals market…
June continues to present no clear trend in the commodities market as crude oil price (WTI spot oil) remain around the $100 mark, gold and silver prices also remain around their price level of $1,500 and $36-37 mark, respectively. Here…
June started with moderate changes in major commodities prices as they are still seeking direction with gold, crude oil and silver continue to zigzag as they did in the past couple of week. Here is a summary of the main…
Gold and silver prices started off the month of May with sharp falls; nevertheless, they have managed to bounce back by the end of the month; even though they didn’t return to their price levels at the beginning of May.…
The last day of May starts off with moderate rises in the precious metals prices, and thus continue the upward trend of recent weeks. Let’s examine the news related to these precious metals for today, May 31st: Gold and silver…
Let check out how gold and silver did compare to investing in the stock market in this case – S&P500 during the month of May. First, notice that during May there was a strong linear correlation between silver and…
According to the recent publication of the Euro Area monetary development has declined during April 2011 compared to previous months: the annual growth rate for M3 declined from 2.3% during March to 2.0% during April 2011. On the other hand,…
The main economic indicators regarding the US economy didn’t show much improvement in 2011: The second estimate of the growth rate of the real GDP in the first quarter of 2011 remained unchanged at 1.8% after the US GDP grew…
Here is an economic news calendar for the week of May 30th to June 3rd that highlights the main news items and reports related to US, Canada, Australia and Europe. (all times GMT): Monday 30th of May 13:30– Canada GDP…