There are a rising number of articles that debate the possibility of returning to the gold standard. I think this scenario has little chance of coming true as it will take away many of the powers the central banks have…
The precious metals market heated up again as gold and silver prices sharply inclined for the third straight business days; WTI oil price sharply rose, while Brent oil slipped resulting in the gap between the two energy prices shrinking; natural…
I have stumbled upon an interesting article by Paul Krugman, a Nobel laureate in economics; the article offers an explanation for the hike in gold price in the last few years. Krugman, who considers himself a deflationista, i.e. a person…
Gold and silver prices continued their descent and sharply declined yesterday; this was the fourth straight day in which gold price declined; crude oil prices traded yesterday with mixed trend as WTI oil price fell and Brent oil slightly rose;…
Major commodities took a plunge yesterday after they had demonstrated a mixed trend in recent days: Gold and silver prices slightly declined; crude oil prices sharply decreased after they had inclined a day earlier; natural gas prices slipped as well.…
According to the recent U.S. Census Bureau report of the new residential construction statistics for September 2011 there was a sharp increase in housing starts but a drop in building permits. Privately owned Housing starts sharply inclined in September 2011…
Gold price continued to slide and sharply declined for the second straight business day; silver price remained virtually unchanged; crude oil prices bounced back and inclined; natural gas prices on the other hand changed direction and sharply fell. Here is…
Gold and silver price changed direction again and slightly declined on the first day of the week; crude oil prices also started the week slipping; natural gas spot prices on the other hand sharply inclined. Here is a summary of…
Gold and silver prices, much like other major commodities prices, ended the week rising; crude oil prices also sharply inclined; natural gas spot prices changed direction again and sharply increased. Here is a summary of the price movements of precious…
Gold and silver prices renewed their rally as they have inclined yesterday; crude oil prices moderately moved yesterday with no clear direction; natural gas prices also demonstrated a mixed trend with the future price (short term) sharply fell, while the…