Gold futures were trading sluggish going into last week – and that was with a bearish DXY. Then, last week the DXY rallied on the unwinding of the “American Armageddon” trade when news of a possible budget resolution – and gold just got hammered.
Market analysts said the rise in gold futures was mainly in line with a firming trend in overseas markets as US Senate leaders struggled to draft an accord to increase the debt limit and avert a default before a deadline this week. Meanwhile, gold rose …
(Kitco News) – Thursday is the U.S. debt-ceiling deadline, and gold-market participants will focus squarely on whether or not Republicans and President Barack Obama can come to an agreement to lift the ceiling. Gold and other markets were hamstrung …
I just read The Insidious, Hidden Nature Of Theft By Government, which was excellent as usual. However, I question the ending conclusion, “Preserve your labor, your savings and retirement with gold and silver…” Every author of similar articles seems …
Starting with its applicability as a precious metal, it is seen that it takes major cues from the price movements in gold. In case of its usage in industrial applications, base metals also provide direction to silver prices. Other than these, major …
For three days the valued clients of Facets, a fine hand-crafted jewelry retailer based in Brooklyn, will be invited to attend an exclusive event featuring the store's entire inventory. Guests will be able to enjoy hor d'ourves and drinks, and spend an …
“If more people can have insurance, they can seek appropriate care in an appropriate place,” said Rich Ramhoff, a spokesman for Tenet Healthcare, the company that operates Desert Regional Medical Center in Palm Springs and owns and operates John F.
Almost all affluent citizens of Beijing, Shanghai, Guangzhou and Shenzhen have been to the Eiffel Tower and experienced a Europe-through-the-coach-window trip. They are looking for activities instead of sightseeing and for new destinations, including …
China's appetite for milk and dairy products has been rapidly accelerating in recent years, as its consumers become increasingly affluent and adopt a more westernised diet. Rabobank's Shanghai-based senior dairy analyst Sandy Chen, who co-authored the …