Silver – an historical comparison »
In this article, we will describe both a bullish and a bearish view on silver. Some say Gold and Silver are huge bubbles about to pop (they say that silver already popped when it dropped from nearly $50 to nearly $30 in may). Gold however, is trading near an all-time high, so definitely, the gold [...]
WEEKLY GOLD REPORT 7/29 »
Gold Settles $15.00 Higher… ($1631.20) December
Today’s August Futures traded another all-time high
trading as high as $1634.90….For the month of July
August Gold traded a range of $156.60..AMAZING !!!
Today’s December futures contract covered a $24.50 range
As trader once again maintained a watchful eye on
Washington anticipating some news that Legislators would
Be able to strike an agreement in order [...]
Paying Down the Debt »
It’s a circus out there, isn’t it?
Unemployment’s at 10% and everyone’s complaining about inflation, the rising cost of food, and falling home prices.
But sunning myself on a crowded beach over the weekend, it sure didn’t seem like anything was wrong…
There were lines at all the ice cream shops; I saw multiple families fork over $70 [...]
Default To Oil »
The Energy Report for Friday, July 29, 2011
Default to Oil
The Boehner bill goes down in flames and gives the tea party a win. Demands for real spending cuts as opposed to some political whitewash that just makes us feel better for a while has been defeated so now maybe there will actually be some real [...]
This "Haircut" Could Trigger a Global Margin Call »
The Chicago Mercantile Exchange no longer views US Treasury bills as risk-free. This could be the start of a worldwide crash…
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Written by Bullion Vault
Monetary Socialism »
Its wasn’t a failure of capitalism that led to the financial crisis, but the “monetary socialism” of central bank planning…
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Written by Bullion Vault
Indian Gold Bullion Sales Up 161% to May – UBS »
Festival season could push gold bullion prices higher…
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Written by Bullion Vault
Indian Gold Bullion Sales Up 161% »
Festival season could push gold bullion prices higher…
read more
Written by Bullion Vault
DEVILS ADVOCATE »
The persistent and mindless bullishness on gold lately has got me nervous. When I get nervous the first thing I do is pull up a multi-year chart and look at the big picture.A couple of things are apparent when one looks at the chart below. First as I’ve noted many times [...]
Big Oil Companies See Earning Boost in Q2 »
Second quarter earnings for ExxonMobil (NYSE: XOM) and Royal Dutch Shell (LON: RDSA) were reported on Thursday.
Both companies reported a significant increase in earnings, according to the Associated Press.
Exxon earnings rose 41%, from revenue of $7.56 billion to $10.7 billion. Royal Dutch Shell saw their earnings more than double, with an increase from $4.4 billion [...]
