The price of iShares Silver Trust (SLV) slightly rallied in the past couple of weeks. Let’s examine the recent developments related to SLV including China’s rate cut, and the progress of the U.S. economy. U.S. Growth and SLV The second…
The price of United States Natural Gas (UNG) continued its rally as it added 5.5% during last week. Since the beginning of the month, UNG rose by almost 11%. The recent changes in the weather have contributed to the rise…
The prices of gold and silver recovered again in the past week mainly by the end of the week following the recent decision from Beijing to slash the interest rate in order to deal with the economy’s sluggish growth rate…
The recent decision of People Bank of China to cut its deposit rate by 25 bp and one year lending rate by 40 bp is the first step Beijing made towards dealing with the country’s economic slowdown. This news has…
A packed show begins with US housing and its very close correlation to growth. We then run down the FOMC Meeting Minutes and continue to more exciting events: the political turmoil in Japan which is rocking the yen, and what’s going…
Shares of SPDR Gold (GLD) are up by 2% since the beginning of the month. The recent release of the minutes of the FOMC didn’t move the precious metal ETF from its current price range. Let’s review the latest minutes…