Commentaries

Last week on October 8th the financial market experienced a broad based sell off. Every sector was down with utilities being the only exception.

Without a doubt, oil investors are focusing now mostly on news out of Washington, because it could have the greatest impact on crude prices this week.

Following last week’s uncertainty over whether the Republicans and Democrats could forge a deal to prevent America defaulting on its debt payments, the impending deadline and increased urgency in negotiations appears to have encouraged significant trading in physical gold.

Source: Brian Sylvester of The Gold Report  (10/14/13) Tom Szabo, an investment strategist and principal of MetalAugmentor.com, does not believe that you can judge all gold companies the same. Szabo uses the Peerless concept to rank companies qualitatively, but dynamically, as their circumstances change. In this interview with The Gold Report, Szabo discusses explorers, developers and producers that he believes are … Continue reading

What is it about gold that makes people view it differently than any other asset class, creating an almost religious fixation* on the metal?  As long-term monetary insurance, you would think that it would be among the more boring items; sort like insurance annuities.  But that is not the case.   Gold is routinely propped up … Continue reading

Looking at the chart of crude oil from today’s point of view, we can say that the first week of a new month and a new quarter was quite good for oil bulls.

One of the main events of recent days was the first U.S. government shutdown in 17 years

One of the main events of recent days was the first U.S. government shutdown in 17 years.

This has been a quieter week for trading activity by GoldMoney customers compared with the previous 2 weeks although still above average 3 month trading levels.

On Wednesday, silver gained almost 2.7% and reached $22 as a weak dollar boosted commodities priced in the greenback.