Category Archives: Market Call Update
4 Reasons To Swap Your Silver For Gold
Silver has been on a tear lately. The second tier metal is up over 25% since the beginning of June and 11% in the last 4 sessions since breaking above the April high. It has not been this high since August 2014. When stocks do this technical and momentum traders get excited. Higher highs beget
Commodity Gold & Crude Oil News Update-04 July 2016
UK ECONOMY According to the IMF, the UK accounted for roughly 2.4% of global GDP in 2015, down from about 4% in the early 1980s. This means that the slowdown in the UK will barely nudge the world’s large economies at all. For example, Goldman Sachs economists now estimate that the spillover effects on the
Oil prices dip on oversupply concerns
Oil prices fell in Asia today as supply outlook improved with both commodities hovering close to the key dollar 50 mark, worrying traders about producers coming back online. Crude dipped after two days of strong gains which saw the commodity soar past the benchmark that makes financial sense for producers to restart production. Prices had
Support for Remain Campaign Surges as Pound Soars
BREXIT Support for Remain Campaign Surges as Pound Soars The latest opinion polls in the UK referendum on membership of the European Union (EU) have shown a reverse in recent trends, as most respondents said they wish to stay in the EU. The Pros and Cons of Brexit The pros and cons of leaving the
Crude Oil News Update-21 June 2016
BREXIT GBP soars after polls favour Britain staying in EU UK referendum polls move the markets up and down it seems that the REMAIN camp is favored but market stress is expected to remain at present levels until the vote on Thursday. According to a poll for weekly newspaper The Mail On Sunday, support for
Gold Market News Update-20 June 2016
HSBC Report Says Gold Could Rally 10% Gold was able to stay above the $1300 price level over the weekend as traders prepare for the “big” UK referendum on Thursday. No one is sure what the outcome of the vote will be or of the ramifications to the Eurozone and the UK economy with either
