Market News

Is Gold About to Lose Its Shine?

Have investors gone gaga for gold or what?! Thanks to Big Pippin’s stylish needs, the precious metal is now up over 623% of its value twelve years ago! But naysayers warn that we could see gold lose its shine. Here are three reasons why:

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Smokin’ … Or Smoke & Mirrors? There’s something peculiar about crude oil …

Quotable “Let me never fall into the vulgar mistake of dreaming that I am persecuted whenever I am contradicted.”                                     Ralph Waldo Emerson Commentary & Analysis Smokin’ … Or Smoke & Mirrors? There’s something peculiar about crude oil … Last week’s crude oil inventory drawdown is not bullish. From Reuters yesterday: U.S. crude oil stocks showed …

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Greece Gets Bailed Out… Again!

They say sequels rarely live up to the hype, but I guess that doesn’t apply to bailouts! Last week, the markets went nuts over news that European Union (EU) and International Monetary Fund (IMF) officials agreed to give Greece a second bailout.

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U.S. Non-Farm Payrolls: Just A Soft Patch?

If there’s anything more disappointing than the Miami Heat’s 2-point win in Game 3, it’s the results of the U.S. jobs report for May. But if it’s any consolation, some economists believe that the surge in joblessness is merely temporary. Here’s why…

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Your Guide to the RBA Rate Statement

Most analysts don’t believe the Reserve Bank of Australia (RBA) will deliver a rate hike on Tuesday, but there’s also a good number that think otherwise. The economy has shown both bright and dark spots since the RBA last made a statement, so a case can certainly be made for both views.

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Risk Aversion Making A Comeback?

I’ve a got a little question for you. What phenomenon causes investors to buy safe haven assets and ditch higher-yielding ones? I’ll give you a hint, it rhymes with “schmisk schmaversion.”

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Perception is Reality?

Hmmmm. Interesting to see how US inflation lags outside inflation. But that last bit of research (perceived perhaps based on expectations built from past inflationary periods) seems somewhat at odds with the interpretation of US manufacturing I included earlier.

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Feel the fear and do it anyways.Susan Jeffers