Blog > Archive by tag 'crude oil price'
Volatility continues in spot gold prices. What’s ahead for gold prices, crude oil, and the dollar?
by J. Christoph Amberger
Baltimore — (TFN): Spot gold prices bounced off a $700 low this morning. “Gold’s recent slump bewilders investors,” headlines MarketWatch.com.
“An ugly, unmitigated disaster, this,” writes Jon Nadler of Golbug Central Kitco.com.
Despite of valuation drops that seem to [...]
Oil has lost over 50% — or $70 dollars per barrel — in four months. Could it lose another $20? What could that mean for gold? Let’s do the math: Oil at $50, applying the 7.5:1 ratio, leaves us with $375 per ounce of gold!
by J. Christoph Amberger
Baltimore — (TFN): TFN reader Ray K. [...]
Crude oil prices are a hurricane stand-down away from breaking through $100… gold is about to hit $750… and SPDR Gold Trust (NYSE:GLD) is going to the dogs! What should you do as the commodities boom crumbles?
by J. Christoph Amberger
Baltimore — (TFN): These days, I watch my stock portfolio with a sense of pain [...]
After a short-lived breather, gold continues to sell off. So does crude oil, platinum, the euro.
by J. Christoph Amberger
Baltimore — (TFN): If goldbugs breathed a sigh of relief at gold’s close at $805 on Monday, they were premature. As the dollar rose despite news of increased wholesale inflation, gold, oil, and the euro continued [...]
We may shortly be at the beginning of Jimmy Carter’s second presidency. After “windfall taxes” have made a populist return, will we see 14% inflation and record gold prices again?
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You know a bull market is on its last legs when its last upward twitches are based on the weather reports.
by Mark Shenk, Bloomberg.com
Baltimore — (TFN): Crude oil fell more than $1 a barrel amid signs Tropical Storm Fay will miss rigs and platforms in the Gulf of Mexico, which accounts for about a fifth [...]
Speculative commodities like oil and gold are selling off at alarming speed as funds liquidate losing positions and buyers retreat to wait for a bottom. There are some tell-tale signs that the bubble has popped. Amberger tells you what to look out for…
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Plunging gold and oil prices mean one thing: Welcome to the commodities bear market of 2008!
by J. Christoph Amberger
Baltimore — (TFN): The day was off to a good start: Crude oil fell as much as 2 percent to $112.75 a barrel. Platinum plummeted $125 to $1,365 an ounce, its gravest intraday loss since Sept. 25, [...]
America’s Culture of Complaint is famous for losing perspective: New studies indicate that the cost of $4 gasoline, relative to incomes, is still far below what our parents spent on gasoline in the supposedly Golden Age of Kennedy.
by Indur M. Goklany and Jerry Taylor, LA Times.com
Baltimore — (TFN): Barack Obama thinks the government should intervene [...]
Were you surprised by the commodities downturn? You shouldn’t have been. We told you it would happen three months ago.
by J. Christoph Amberger
Baltimore — (TFN): Call me shallow. Egocentric. Auto-appreciative. Desperate for attention?
Heck, call me Ishmael, for all I care. But may I point out that the “surprise” downturn in oil, gold, euro and other [...]
Commodities have fallen dramatically. Yet each price chart indicates that there’s plenty of value still to be shed just to erase the gains of 2008!
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Despite temporary pullbacks, crude oil prices are again setting new historic record highs. But as funds liquidate their mortgage lender and bank stocks to pour them into oil and commodities, the beginnings of an alternate money flow are becoming visible. Click here to view!
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Standard Podcast: Play Now | Play in Popup | [...]
Top investment analyst Todd Schoenberger pegs the upside of crude oil prices at $175 by August… and recommends Valero Energy (VLO:NYSE), an oil-related company every investor should buy now, independent of where prices are heading. Click here to join…
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