Precious metals, much like crude oil, resumed their downfall. This week, the main reports from the U.S are the upcoming FOMC meeting and press conference, Philly Fed index, PPI and CPI, FOMC Chair Yellen speaks, industrial production and housing figures.…
The financial markets could stir up again this week as there are many news items on the agenda mainly the next FOMC meeting and the Scottish referendum. Last week, precious metals and oil resumed their downward trend, while the USD…
Is gold really a hedge against inflation? In this episode we run down the correlation between the precious metal, inflation and QE. We then continue with the Scottish referendum that grabbed the headlines and finish up with a preview of…
The gold market kicked off September on a negative note as its price declined by 3%. Gold ETFs such as SPDR Gold (GLD) and iShares Gold Trust (IAU) also didn’t perform well in the past few days. The recent recovery…
The oil market resumed its downward trend in the past few days as WTI oil price fell to $92 and Brent oil dropped below $100. United States Oil (USO) also followed and declined by 3.2% since the beginning of the…
The price of natural gas changed course and tumbled down in the past week. The price of the Henry Hub tumbled down by 5.4% to reach $3.85. United States Natural Gas (UNG) dropped by 6.7% while U.S natural gas producers…