December 19, 2013 | Daily JAM, Morning Briefing |
It looks like another group of gold traders and investors has thrown in the towel today. Today gold (February 14 futures on the Comex) has dropped another 3.2% (as of 2:30 p.m. New York time) or $39.20 an ounce to $1195.30
December 11, 2013 | Daily JAM |
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November 25, 2013 | Daily JAM, Morning Briefing |
The news on Iran has led to selling of Japanese yen, oil, and gold as investors and traders have decided that the world isn’t as risky a place as it was just a few days ago. The Japanese yen, the world’s favorite safe haven currency, fell 0.45% against the dollar to 101.71. West Texas Intermediate fell 0.89% to $94 a barrel and gold declined 0.17% to $1242 an ounce.
October 1, 2013 | Daily JAM, Morning Briefing |
Traders and investors who were hoping that a government shutdown and a possible U.S. default if Congress doesn’t raise the debt ceiling would send fear soaring and gold prices climbing have got to be disappointed at today’s action. Gold prices are down today with the December contract falling to $1287 an ounce for a drop of 3.04%
September 13, 2013 | Morning Briefing |
Looking for a bottom in emerging market stocks and gold, two of the worst performing assets in 2013? Sentiment continues to go from negative to negativ-er. In Bloomberg survey 25% of respondents picked Brazil as either the worst or next to worst market in the world over the next year. A huge 35% picked India. Gold, down 22% in 2013, got a thumbs down–and $1050 target price–from Goldman Sachs.
September 6, 2013 | Videos |
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August 15, 2013 | Uncategorized |
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July 25, 2013 | Daily JAM, Stock Alerts |
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July 24, 2013 | Uncategorized |
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July 19, 2013 | Uncategorized |
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June 27, 2013 | Uncategorized |
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June 5, 2013 | Daily JAM |
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