Based on the latest U.S. Census Bureau report regarding the new residential construction statistics for March 2013, the annual rate of housing starts rose while rate of building permits slipped. This report sends a mixed signal as to the growth…
Major commodities traded mostly up on the second business day of the week: the prices of Brent and WTI oil remained virtually unchanged on Tuesday; natural gas Henry Hub future (short term delivery) changed course and rallied yesterday; silver and…
The Bureau of Labor Statistics published its recent report of the U.S CPI for March 2013. Based on the recent report, the consumer price index declined for the first time this year; in annual terms the US CPI increased by…
Gold and silver resumed their downward trend from the end of last week and plummeted to their lowest levels in recent years. Last weeks many talked about the recommendation of Goldman Sachs to pull out of gold and the publication…
Major commodities traded down on the first business day of the week: the prices of Brent and WTI oil fell again on Monday; natural gas Henry Hub future (short term delivery) also changed course and fell yesterday; silver and gold…
Gold and silver plummeted during most of last week. The sharpest fall came on Friday when gold declined by 4.1%; silver fell by 4.9%. The main event from last week – the publication of the minutes of the recent FOMC…