February 20th, 2013 16:51:22 GMT.

Commodities taking a nosedive


Gold down $25 to $1580 NYMEX oil down $1.77 to $94.89 Copper down 1% to 361/lb Silver -3% to $28.56 Nickel -2.6% BBG base metals index -0.6% There are some exceptions like coffee, sugar and nat gas but it’s a … Continue reading


October 31st, 2012 06:39:08 GMT.

Where’s Iron Ore going…?


David Einhorn of Greenlight Capital, famous for his ‘shorts’, reckons Iron ore could plummet to $100 next year and has subsequently shorted the commodity. He was speaking at a ‘closed’ investment symposium in Dallas yesterday. Obviously feels  Chinese industrial growth … Continue reading


October 8th, 2012 08:00:47 GMT.

Crude takes an early bath


November WTI’s off around $1.5 after  World bank cuts China ‘s growth forecast, and Gold’s tracking the move having shed almost $15 from o/n highs. WTI is currently around 88.50 with the yellow stuff at $1770 after recent lows of … Continue reading


October 4th, 2012 05:15:20 GMT.

Looking for a dip in Gold ?


CTA and Asset manager Matthew Bradbard feels that for the ongoing bull market to remain sustainable  the metal could drop under $1700 in coming weeks before assuming another leg higher . See some of his other predictions on currencies, Silver, … Continue reading


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