By Bill Bonner
Never did God give man such a sunny day that the authorities couldn't make it rain, writes Bill Bonner in The Daily Reckoning...As near as we can tell, nature favored Argen...
Copper Futures ended down on Tuesday as a firmer dollar slowed demand for the red metal.
Gold futures rose for a second day on Tuesday, making modest gains as a hedge against inflation after crude oil hit a new record high. Silver also rose.
Stocks turned slightly higher Tuesday afternoon following a choppy morning, influenced by record oil and gas prices, concerns about first-quarter financial results, rising inflation and upbeat earnings from Dow component Johnson & Johnson.
Sterling gained against the dollar on Monday as British producer price inflation surged taking some heat out of Bank of England interest rate cut expectations.
By William Rees Mogg
Not every boom becomes a bubble, writes William Rees Mogg for The Daily Reckoning, and not every boom ends in a bust.But most of them do. In the present economic situa...
Bank of China (BOC) has adjusted its forecasts of the year-on-year increase rate of China's consumer price index (CPI)this year from 5.5 percent to 6.5 percent, and is expected to increase interest rates in the second quarter this year, said the report issued by BOC's department of the global financial markets on Monday.
The Office for National Statistics (ONS) released new figures on Monday showing a sharp increase in the price of manufactured goods in March.
By Jon Nadler
Overnight gold trading was fairly subdued, with prices meandering between $918 and $929 as participants observed rising equity markets (the Nikkei added 378 points) and softer ...
By Jon Nadler
After a brief dip to $928 gold started to build on yesterday's gains once again overnight as the dollar touched a new all time low vis a vis the euro and sank to 71.50 on the ...
Copper futures rose close to the highest record as a falling dollar prompted demand for metals as a hedge against inflation.
Copper futures in New York ended falling as U.S. housing data and higher prices rose concerns about lower demand and as the dollar rallied.
By Jon Nadler
Gold prices eased into a lower trading channel of from $915 to $926 during the overnight hours, as participants observed an additional rise in the US dollar (72.34 on the index...
The idea that gold preserves wealth is even more important in an economic environment where investors are faced with a declining US dollar and rising inflation due to rising commodity prices.Histor...
U.S. Treasury Secretary Henry Paulson indicated on Wednesday that he was pleased with the rise in the yuan.
Commodity Online
NEW DELHI: Steel prices now a days are playing a crucial role in the financial system as its prices can influence inflation. Spiraling steel prices not only hurt the forging...
Commodity Online
NEW DELHI: The Indian government may be fighting rising inflation these days but the country's exports during February, 2008 have been impressive, according to a data relea...
The dollar made slight gains against the euro and yen on Monday after consumer price inflation in Europe hit a new high above estimates.
By Julian D W PhillipsFirst the Gold Market and silver prices began to tumble, followed by a recovery in the Dollar, all of which happened in an almost straight line. Markets don t do that to the extent seen last week
Gold futures fell in New York after crude oil and other commodities dropped, cutting the appeal of the precious metal as an inflation hedge.
Commodity Online NEW DELHI: UN Economic and Social Survey of Asia and the Pacific (UNESCAP) said, world crude oil prices are likely to go down on a slower industrial growth this year.
Doug Casey says, the monumental monetary crisis can be took place by deflationary, where billions and billions of dollars are wiped out through bankruptcies and defaults, and the remaining dollars become worth more as a result.
