9 Temmuz 2012 Pazartesi

Today’s Dow Jones Industrial Average DJIA Index DJX:DJI, Nasdaq, S&P 500; Stock Market News Mid-Day July 9, 2012

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Stock Market Investing News July 9, 2012 Mid-Day Trends:
Investors’ confidence diminished with the weaker than expected jobs report last week. The primary stock composites finished red across the board last session and futures were still in the red prior to opening bell this morning. Stocks set up for the lower open today as whispers of a slowing economic recovery process in the U.S. increased.
Primary market indicators in China today finished in the red amidst the growing concerns of diminished global growth potential. Europe and China continue to pressure market trends around the world, but the June jobs report in the U.S. remains a negative focus right now. The U.S. economy needs to create, on average, 350,000 jobs a month to pull down the national unemployment rate. Right now, the unemployment rate stands at 8.2 percent and only 80,000 jobs were added last month. The negative weight of this news continues to afflict index trends today. As the trading session reached the mid-day mark in the U.S., the primary stock composites were tracking lower.

Today’s Dow Jones Industrial Average, Nasdaq, S&P 500 Stock Market News Mid-Day Today July 9, 2012:
The Dow Jones Industrial Average was lower by .67 percent at 12,687.17 at mid-day. The Nasdaq was lower at this point by .54 percent at 2,921.55 and the S&P 500 was in the red by .48 percent at 1,348.18 at the halfway point in the trading session today.

Frank Matto



Heat spreads east -- as does smoke from wildfires

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The heat wave that has gripped much of the nation continues this weekend, but there are signs that it may come to an end soon. NBC's Michelle Franzen reports.

By Miguel Llanos, msnbc.com

The heat wave smothering the Midwest wasn't the only thing spreading towards the East Coast on Saturday -- so too was smoke from the wildfires out west, and with it pollutants that will make the next few days even tougher for people with breathing issues.

In fact, prevailing winds over the last week have been sending that smoke east, with officials issuing local health advisories. ?

Maryland issued a "code orange" air quality alert on Friday and again on Saturday, meaning that the young and elderly are at risk, NBC affiliate WBAL-TV reported.


The wildfire smoke is on top of other air pollution coming into Maryland from other states.

"Maryland is not alone in these extreme conditions," Jay Apperson, a Maryland Department of the Environment spokesman, told WBAL-TV. "Chicago and other areas of the Midwest are issuing these type of advisories and that pollution is coming into Maryland, and we're also being affected by the wildfires."?

Celebrating the warm summer months, as schools let out and the cooling off begins

On Friday,?smoke was detected "from the Rockies to to the Eastern Great Lakes, the mid Atlantic, and the Southeast," according to the U.S. Air Quality "Smog Blog" compiled by the University of Maryland. "The smoke is primarily light density but a moderate density area can be seen in and around the Ohio River Valley.

The highest values on Friday, it added, were "mainly over the Midwest and down towards the Southeast."

The heat wave shifting east comes after last weekend's storms that left millions without power. Hundreds of thousands still don't have electricity back.

Related: Chicago heat doesn't keep these seniors from aerobics

Moreover, since the first round of extreme heat two weeks ago, at least 46 deaths have been tied to the high temperatures, according to a list compiled by the Weather Channel.

On Saturday, Washington, D.C., could break it's all-time record of 106 degrees, the Weather Channel reported. So could Pittsburgh (103) and Louisville, Ky., (107), it added.

Chicago, meanwhile, stands a chance of a fourth straight day of temperatures at 100 or above -- something it's never before seen.

A cold front should bring some relief as the weekend ends, but it's also bringing in the potential for more storms.

More content from msnbc.com and NBC News:

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Source: http://usnews.msnbc.msn.com/_news/2012/07/07/12614733-scorching-heat-moves-east-and-so-does-smoke-from-wildfires?lite

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Don't worship paper money, don't have blind faith in paper money!

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Don't worship paper money, don't have blind faith in paper money, or you will lose a ton of purchasing power. History has shown this to be the case time after time!

Economists and TV commentators keep saying that when there's a global economic slowdown, precious metals prices will go down. I don't know whether the second part of their statement is true in the short-run, but in the long-run, it is definitely wrong.

The more important question is: Slowdown of what relative to what?

If car producers have a slowdown in demand relative to fish producers, it may mean you can use less fish to buy more cars, because fish has become more valuable relative to cars. So the fish producers gain purchasing power relative to car producers. The car producers lose purchasing power relative to fish producers.

Even IF globally, there's a meltdown in prices - stocks, housing, agriculture, precious metals, etc - I still think precious metals (and agriculture) will gain in purchasing power relative to other things. The fundamentals for this is so strong.

If there is a collapse in global supply of real goods, real goods will gain in purchasing power relative to paper money (therefore, goods prices in terms of paper money goes up).

If there is a collapse in global demand of real goods, real goods will still gain in purchasing power relative to paper money, because so much has been printed in the past few years. And politicians and central banks are going to print even more during crisis.

It has always been about the transfer of purchasing power (or wealth) from one place to another. If people REALLY understood this principle and how it works, Keynesianism would have been extinct a long time ago. Yet, the majority of the people on the globe still have Keynesian ideas. Whether they identify themselves as a Keynesian or not is immaterial.

Purchasing power of fiat vs gold

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it's dangerous to have too much faith in paper money...compare gold's purchasing power to fiat paper money in the past 100 yrs:


The money-printing central bank's great (sarcasm) record in promoting economic stability brings about very few recessions in the 20th century:

1918-1919, 1920-1921, 1923-1924, 1926-1927, 1929-1933, 1937-1938, 1945, 1948-1949, 1953-1954, 1947-1958, 1960-1961, 1969-1970, 1973-1975, 1980, 1981-1982, 1990-1991, 2001, 2007, 2012-2014 (my projection)

8 Temmuz 2012 Pazar

Don't worship paper money, don't have blind faith in paper money!

To contact us Click HERE
Don't worship paper money, don't have blind faith in paper money, or you will lose a ton of purchasing power. History has shown this to be the case time after time!

Economists and TV commentators keep saying that when there's a global economic slowdown, precious metals prices will go down. I don't know whether the second part of their statement is true in the short-run, but in the long-run, it is definitely wrong.

The more important question is: Slowdown of what relative to what?

If car producers have a slowdown in demand relative to fish producers, it may mean you can use less fish to buy more cars, because fish has become more valuable relative to cars. So the fish producers gain purchasing power relative to car producers. The car producers lose purchasing power relative to fish producers.

Even IF globally, there's a meltdown in prices - stocks, housing, agriculture, precious metals, etc - I still think precious metals (and agriculture) will gain in purchasing power relative to other things. The fundamentals for this is so strong.

If there is a collapse in global supply of real goods, real goods will gain in purchasing power relative to paper money (therefore, goods prices in terms of paper money goes up).

If there is a collapse in global demand of real goods, real goods will still gain in purchasing power relative to paper money, because so much has been printed in the past few years. And politicians and central banks are going to print even more during crisis.

It has always been about the transfer of purchasing power (or wealth) from one place to another. If people REALLY understood this principle and how it works, Keynesianism would have been extinct a long time ago. Yet, the majority of the people on the globe still have Keynesian ideas. Whether they identify themselves as a Keynesian or not is immaterial.

Google Alert - bauxite price

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News1 new result for bauxite price
 
Bauxite Resources Limited (ASX:BAU) Company Secretary Appointment ...
Yahoo!7 News
Perth, Australia, July 6, 2012 - (ABN Newswire) - Bauxite Resources Ltd (ASX:BAU) is pleased to announce the appointment of Mr Robert Samuel (Sam) Middlemas as Company Secretary with immediate effect.Sam ... ... Symbol, Price, Change ...
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Google Alert - dow jones and nasdaq live

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News1 new result for dow jones and nasdaq live
 
US stocks plunge after weak June jobs report
Live 5 News
The Dow Jones industrial average fell 124.20 points to close at 12772.47. The loss wiped out the Dow's ... In other trading on Wall Street, the Standard & Poor's 500 slid 12.90 points, or 0.9 percent, to 1354.68 and the Nasdaq composite fell 38.79 ...
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Today’s Gold Price per ounce Spot gold price per gram, Spot silver price per ounce Market Trend Review July 6, 2012

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Gold price and Silver price Market Trend review today July 6, 2012:
The dollar rose versus the euro, British pound and the Japanese yen during the last full trading session. Once again, the inverse relationship between the dollar and gold’s price trend presented during the last trading session and gold contract price settled lower on the day.
Both gold contract and silver contract prices finished the day on the negative side of break-even. Precious metals shares and prices fell back last session during the market rally for the U.S. dollar. Traders will watch closely to see if the federal stimulus news helps to support precious metal gold futures as we close out the week.

Gold contract price per ounce and silver contract price per ounce close review today:August contract gold closed the last session lower by .76 percent at 1,609.40 per troy ounce. Silver contract for September delivery finished the last trading session lower by 2.15 percent at 27.67 per troy ounce.

Spot gold price per gram and spot silver price per ounce trend review today July 6, 2012:
After last session close and prior to today’s opening bell, spot gold price per gram and spot silver price per ounce trends tracked lower. Spot gold price per gram posted at 51.24 and spot silver price per ounce posted lower at 27.45.

Camillo Zucari



The War Between Manipulation and Buying

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This is a short summary from Jim Sinclair regarding the gold market which is always worth a read, in our humble opinion. Don’t forget that you can also visit his website and sign-up for his free newsletter as you read as widely as you possibly can.

Jim Sinclair

My Dear Extended Family,

Next week is the war between manipulation of gold by the West, and appetite for buying gold in the East, both from friendlies and enemies. Anyone that does not see today’s gold market as a rig is blind or brain dead. There is a full blown crisis in Western world banking today, right here and now. There is a full blown crisis in sovereign debt of some weaker nations as in a very short while certain government will be out of money. The Eurosnobs hate each other which does not make for a fast reconciliation of a crisis.



7 Temmuz 2012 Cumartesi

You have been invited to contribute to The Last Art

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The Blogger user Peter Queens has invited you to contribute to the blog: The Last Art.

To contribute to this blog, visit:
http://www.blogger.com/i.g?inviteID=9099901228570172407&blogID=2320706505154013027

You'll need to sign in with a Google Account to confirm the invitation and start posting to this blog. If you don't have a Google Account yet, we'll show you how to get one in minutes.

To learn more about Blogger and starting your own free blog visit http://www.blogger.com.

Today’s Dow Jones Industrial Average Index DJX:DJI, Nasdaq, S&P 500; Stock Market News Review today July 7, 2012

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Stock Market USA News review today July 7, 2012:
The primary stock indices in the U.S. were pressured lower during the last full trading session and ultimately finished the day in the red across the board.
Numbers associated with the jobs data were weaker than anticipated in the U.S. and slowing economic growth fears pushed higher as the week closed.
Dow Jones Industrial Average, Nasdaq, S&P 500 index close review today July 7, 2012:
The Dow Jones Industrial Average finished the last trading session lower by .96 percent, minus 124.20 points, to close the last session at 12,772.47. The Nasdaq finished the last session lower by 1.30 percent, minus 38.79 points, to close at 2,937.33 and the S&P 500 finished the last trading session lower by .94 percent, minus 12.90 points, to close the last session of the week at 1,354.68.
Investors reviewed a mixed bag of global economic reports this week and general worries over a slowing global economy persisted. Worry over the slowing economic recovery process in the U.S. grew more intense last session due to the weaker than expected jobs data. The national unemployment rate remained at 8.2 percent overall but the Labor Department reported that the economy picked up only 80,000 jobs in June. This figure was disappointing, considering that many economists were anticipating a number of additions closer to 100,000. Almost 13 million Americans remain unemployed at this time as positions are slow to return. Analysts are once again debating the need for additional economic stimulus at this time in the U.S.

Frank Matto



Stocks Going Ex Dividend the Fourth week of June 2012

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Here is our latest update on the stock trading technique called ‘Buying Dividends’. This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only in bull markets. In flat or choppy markets, you have to be extremely careful, and may need to avoid the technique during those times.

In order to be entitled to the dividend, you have to buy the stock before the ex-dividend date, and you can’t sell the stock until after the ex date. The actual dividend may not be paid for another few weeks. WallStreetNewsNetwork.com has compiled a downloadable and sortable list of the stocks going ex dividend during the next week or two. The list contains many dividend paying companies, all with market caps over $500 million, and yields over 2%. Here are a few examples showing the stock symbol, the market capitalization, the ex-dividend date and the yield.

DTE Energy Company DTE $9.6B 6/18/2012 4.2%
Safeway Inc. SWY $4.6B 6/19/2012 3.6%
Xcel Energy Inc XEL $13.5B 6/19/2012 3.9%
H.J. Heinz Company HNZ $17.1B 6/20/2012 3.9%
United Utilities Group PLC (ADR) UUGRY $7.0B 6/20/2012 4.5%
Portland General Electric Company POR $1.9B 6/21/2012 4.3%

The additional ex-dividend stocks can be found at wsnn.com. (If you have been to the website before, and the latest link doesn’t show up, you may have to empty your cache.) If you like dividend stocks, you should check out the high yield utility stocks and the Monthly Dividend Stocks at WallStreetNewsNetwork.com or WSNN.com.
Dividend definitions:
Declaration date: the day that the company declares that there is going to be an upcoming dividend.

Ex-dividend date: the day on which if you buy the stock, you would not be entitled to that particular dividend; or the first day on which a shareholder can sell the shares and still be entitled to the dividend.

Monthly Dividend Stock List

Record date: the day when you must be on the company’s books as a shareholder to receive the dividend. The ex-dividend date is normally set for stocks two business days before the record date.

Payment date: the day on which the dividend payment is actually made, which can be as long at two months after the ex date.

Don’t forget to reconfirm the ex-dividend date with the company before implementing this technique.

Disclosure: Author did not own any of the above at the time the article was written.

By Stockerblog.com



Today MCX Tips : Gold Falls About 1%; Traders Stay Away

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In Indian MCX gold futures shed about 1% on Monday weighed by strength in the rupee, which reversed from its record low hit last week, but physical intraders were unwilling to book deals awaiting further price falls. More Information about mcx tips visit my site mcx-trade-tips.blogspot.com

* At 01:46 p.m., the most-traded silver for Aug shipping on the Multiple Investment Exchange (MCX) was 0.56% lower at Rs 29,806 per 10 h, after dropping to as low as Rs 29,720 previously.

* The rupee rallied on Mon on wants govt actions to stop a downturn in the forex. The rupee performs an important part in identifying the arrived cost of the dollar-quoted silver.

* "There is no need at present stages. Who will buy at near history great levels?," said a supplier with a personal financial institution in Mumbai.

* Cost balance at Rs 28,000, about 6% reduced than the present price, could restore customers, the supplier included.

* Demand could also remain sluggish in the coming months as the onset of the rains curtail festive and wedding activity. Traders were also tracking the progress of monsoon rains to forecast upcoming wedding and festival demand.

* Monsoon down pours are still expected to be average this year, allaying issues over town outcome activated by rare rain in the last few weeks.

* Non-urban areas, which give rise to over 60% of silver demand, are reliant on monsoon down pours to encourage farming production and non reusable earnings.

* Silver also fell in tandem with MCX gold.

* MCX Silver for July delivery on the MCX was 0.98% lower at Rs 52,430 per kg.

Today MCX Tips for Gold Rates Trading Lower In India

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Today MCX tips gold rates were trading mostly lower in the major cities in India. In the Mumbai stock market, Standard MCX gold (996 purity) was down Rs 156 at Rs 29820 and pure MCX gold (999 purity) was down Rs 160 at Rs 29950. More Information about MCX tips visit my site mcx-trade-tips.blogspot.com

In Delhi stock market standard MCX gold (996 purity) was down Rs 40 at Rs 30000 and pure MCX gold (998 purity) was down Rs 40 at Rs 30200.

Today MCX Gold Rates for 10 grams in major metros in India:
CityGold 995 (Rs)Change (Rs)Gold 999 (Rs)Change (Rs)
Mumbai (Jul 06)29820-15529950-160
Delhi (Jul 06)30000-4030200-40
Chennai (Jul 06)30010803013080
Jaipur (Jul 06)29925-5029950-50
Ahmd (Jul 06)29765-18029890-185

5 Temmuz 2012 Perşembe

Gold Tips For Today : In India Gold Prices Decline in Major Cities

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MCX Gold prices declined in the major metros in India on Wednesday. Standard MCX gold (995 purity) was down Rs 165 at Rs 30235 and pure MCX gold (999 purity) was down Rs 165 at Rs 30436 in Delhi market. More Inforamtion about gold tips for today visit my site mcx-trade-tips.blogspot.com


In Jaipur Stock market standard MCX gold (995 purity) was down Rs 150 at Rs 30200 and pure MCX gold (999 purity) was down Rs 150 at Rs 30225.


Spot MCX Gold Rates for 10 grams in major metros in India:

CityGold 995 (Rs)Change (Rs)Gold 999 (Rs)Change (Rs)
Mumbai (Jun 27)30200-15030320-170
Delhi (Jun 27)30235-16530435-165
Chennai (Jun 27)30250-11030400-80
Jaipur (Jun 27)30200-15030225-150
Ahmd (Jun 27)30230-12030355-120

Free MCX Tips - Last Two Week Gold Price Near to Low

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Indian MCX gold prices extended losses on Friday, hitting its lowest level in nearly last two weeks, weighed by a firm indian rupee, triggering bargain hunting from physical traders as price levels were attractive. Supply of recycled gold slowed. More information about free mcx tips visit my site mcx-trade-tips.blogspot.com



At 02:19 p.m., the most-active MCX gold for August delivery on the Multi Commodity Exchange (MCX) was 0.18% lower at Rs 29,603 per 10 grams, after hitting a low of Rs 29,583, a level last seen on June 11.

Intraders in India are waiting for monsoon rains to pick up, which is vital to farm productivity and profits. Rural areas contribute to about 60% of MCX gold imports.

"There was demand yesterday evening because of correction. If prices are maintained at these level, we can see some buying," said Ketan Shroff, director with Pushpak Bullion.

There could be a pick up in imports in the second half of the year, if record prices ease but annual volumes will still fall about 30% after a tax hike, which could crimp demand until 2014, the Bombay Bullion Association head said.

India's crucial monsoon rains were again below average last week and failed to cover as much of the country as they should have, the weather office said.

MCX Silver, an industrial metal, following positive trend in copper.

MCX Silver for July delivery on the MCX was 0.69% higher at Rs 52,108 per kg.

MCX Silver July Contract Gains

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Silver prices on MCX gained. At 13:46 hrs MCX Silver July contract was intrading at Rs 52240.00 up Rs 253.00, or 0.48%. The MCX Silver rate touched an intraday high of Rs 52270.00 and an intraday low of Rs 51975.00. So far 2121 contracts have been traded. MCX Silver prices have moved down Rs 17847.00, or 25.47% in the July series so far. More Information about MCX Silver visit my site mcx-trade-tips.blogspot.com

At 13:46 hrs MCX Silver September contract was intrading at Rs 53490.00 up Rs 197.00, or 0.38%. The MCX Silver rate touched an intraday high of Rs 53530.00 and an intraday low of Rs 53240.00. So far 10062 contracts have been trade. MCX Silver prices have moved down Rs 6910.00, or 11.45% in the September series so far.

At 13:46 hrs MCX Silver December contract was intrading at Rs 55120.00 up Rs 203.00, or 0.38%. The MCX Silver rate touched an intraday high of Rs 55184.00 and an intraday low of Rs 54940.00. So far 328 contracts have been traded. MCX Silver prices have moved down Rs 7890.00, or 12.52% in the December series so far.

MCX Gold Price Need In Indian Gradual

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MCX Gold prices in India, one of the world's leading consumers, edged higher on Wednesday on a weak rupee, keeping demand muted as there wasn't any festival in the short-term to lure buyers. More Information about mcx gold price visit my site mcx-trade-tips.blogspot.com

The most-active MCX gold contract for August delivery on the Multi Commodity Exchange (MCX) was up 0.32% at Rs 29,564 per 10 grams by 6 p.m.

The indian rupee, which closed down 0.3% on Wednesday, plays an important role in determining the landed cost of the dollar-quoted yellow metal.

International MCX gold held near two-week highs on Wednesday and was set for its second successive weekly gain, thanks to a modest decline in the dollar that may sharpen investor appetite for the metal.

"Gold Buyers are not comfortable with the current price of MCX Gold. Jewellers, investors all are waiting for correction," said a Mumbai-based dealer with a private bank dealing in bullion. And no one is in a hurry. The wedding season is almost over. There is no festival in the short term."

Poor rainfall in most parts of the country is also weighing on sentiments as monsoon rains are vital to incomes in rural areas, which contribute to 60% of MCX gold imports, dealers said.

Don't worship paper money, don't have blind faith in paper money!

To contact us Click HERE
Don't worship paper money, don't have blind faith in paper money, or you will lose a ton of purchasing power. History has shown this to be the case time after time!

Economists and TV commentators keep saying that when there's a global economic slowdown, precious metals prices will go down. I don't know whether the second part of their statement is true in the short-run, but in the long-run, it is definitely wrong.

The more important question is: Slowdown of what relative to what?

If car producers have a slowdown in demand relative to fish producers, it may mean you can use less fish to buy more cars, because fish has become more valuable relative to cars. So the fish producers gain purchasing power relative to car producers. The car producers lose purchasing power relative to fish producers.

Even IF globally, there's a meltdown in prices - stocks, housing, agriculture, precious metals, etc - I still think precious metals (and agriculture) will gain in purchasing power relative to other things. The fundamentals for this is so strong.

If there is a collapse in global supply of real goods, real goods will gain in purchasing power relative to paper money (therefore, goods prices in terms of paper money goes up).

If there is a collapse in global demand of real goods, real goods will still gain in purchasing power relative to paper money, because so much has been printed in the past few years. And politicians and central banks are going to print even more during crisis.

It has always been about the transfer of purchasing power (or wealth) from one place to another. If people REALLY understood this principle and how it works, Keynesianism would have been extinct a long time ago. Yet, the majority of the people on the globe still have Keynesian ideas. Whether they identify themselves as a Keynesian or not is immaterial.

4 Temmuz 2012 Çarşamba

Sugar Delight

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Some Sugary Appetiser to share (I may post a Sugary Main Course full of demand and supply data):

Sugar
Historical high: 65.2 Cents/lb in November of 1974
Inflation-adjusted high using govt-manipulated inflation figures: $2.91/lb
Inflation-adjusted high using private sources of inflation figures: > $6/lb

Today's price: About 21 Cents/lb

1974 Gold:Sugar ratio = $100 : $0.65
Today's ratio = $1600 : $0.21
If 1974's ratio is achieved again = $1600 : $9.92

A pause

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My blog may sound anti-government and anti-US. But it really is not. What I wish for is limited government, libertarianism, and free-market capitalism. Unfortunately we don't have all those in the modern age. The US just happens to be the best example that I can use, because they became powerful based on the principles of libertarianism and free-markets. However, today they're totally opposite of what they used to stand for.

Don't worship paper money, don't have blind faith in paper money!

To contact us Click HERE
Don't worship paper money, don't have blind faith in paper money, or you will lose a ton of purchasing power. History has shown this to be the case time after time!

Economists and TV commentators keep saying that when there's a global economic slowdown, precious metals prices will go down. I don't know whether the second part of their statement is true in the short-run, but in the long-run, it is definitely wrong.

The more important question is: Slowdown of what relative to what?

If car producers have a slowdown in demand relative to fish producers, it may mean you can use less fish to buy more cars, because fish has become more valuable relative to cars. So the fish producers gain purchasing power relative to car producers. The car producers lose purchasing power relative to fish producers.

Even IF globally, there's a meltdown in prices - stocks, housing, agriculture, precious metals, etc - I still think precious metals (and agriculture) will gain in purchasing power relative to other things. The fundamentals for this is so strong.

If there is a collapse in global supply of real goods, real goods will gain in purchasing power relative to paper money (therefore, goods prices in terms of paper money goes up).

If there is a collapse in global demand of real goods, real goods will still gain in purchasing power relative to paper money, because so much has been printed in the past few years. And politicians and central banks are going to print even more during crisis.

It has always been about the transfer of purchasing power (or wealth) from one place to another. If people REALLY understood this principle and how it works, Keynesianism would have been extinct a long time ago. Yet, the majority of the people on the globe still have Keynesian ideas. Whether they identify themselves as a Keynesian or not is immaterial.

Google Alert - oil prices today

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News2 new results for oil prices today
 
Rajkot Oilseed Complex Close- July 04
Reuters
*Cottonseed oil eased due to poor retail demand. *Palm olien moved down due to sufficient supply. Closing prices of groundnut in Rajkot, in rupees per 20 kg: Groundnut small Groundnut bold Today's Previous Today's Previous close close close close ...
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Oil market slips amid US holiday
RTE.ie
Oil prices slipped today in light trade amid the Independence Day holiday in the US.
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Today’s Gold price per ounce Spot gold price per gram, Silver price per ounce Precious metal News Review Today July 4, 2012

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DG365FD46564GFH654FU898

Precious metal Market Price trends review today July 2012:
Gold and silver price trends opened the week tracking negatively and closed the first session with negative floor prices. Current one month price change analysis reveals that price trend-line change for both precious metals is at about break-even at this point in time.
Gold price trend-line is currently positive by approximately .03 percent according to one month change analysis. Silver price trend-line change is negative by approximately .04 percent according to current one month change analysis. Both metal prices moved higher during the last trading session as the dollar dropped lower versus the euro. The weaker dollar supported precious metal diversification throughout the last session. As the trading session came to a close, the price of gold contract and silver contract ended up on the positive side of break-even.
Today’s Gold price per ounce and Silver price per ounce contract review today July 4, 2012:August contract gold finished the last trading session higher by 1.50 percent at 1,621.80 per troy ounce. Silver contract finished the last trading session higher by 2.84 percent at a floor price of 28.28 per troy ounce.

Today’s Spot gold price per gram and spot silver price per ounce review July 4, 2012:
After last session close, spot gold price and spot silver price trends moved positively. Spot gold per gram price posted higher at 51.96 and spot silver price per ounce posted higher at 28.09.

Camillo Zucari