Category: Opinion

Gold and Silver Prices Outlook for October 1-5

During last week, gold and silver prices slightly declined as the recent developments in Greece, Spain and Italy that included riots against austerity measures may have pulled down not only bullion rates but also the Euro. By the end of…

Gold and Silver Prices Outlook for October 2012

Precious metals prices resumed their upward trend mainly during the first couple of weeks of the September in anticipation of many bullion traders for another intervention of the FOMC. This bet paid off because on September 13th the FOMC announced…

Will Oil Continue Its Tumble?

oil and us money base 2007-2012

The price of oil changed direction and tumbled during the week after it had increased during most of August and the first couple of weeks of September. What could have caused such a rapid shift in the oil market? Will…

On QE3, Google Trends and Gold Price

The ongoing hype over the expectations of another QE3 to be announced by the FOMC in the near future (the next FOMC meeting will be held on September 12th and 13th) made me think about the relation between the speculations…

Will Oil Come Down Anytime Soon?

The price of oil hiked in the past couple of months. During August the price of WTI oil rose by 9.6%; United States Oil, by 9.8%. The recent rally of the Euro/USD may have contributed to the rise in oil…

Gold and Silver Prices Outlook for September 2012

Precious metals prices didn’t do much during the first couple of weeks of August but then they both rallied as the renewed expectations of another stimulus plan by the Fed reignited the bullion market. The rise of Euro/USD coincided with…