Gold hits a fresh record high! While uncertainty in the markets escalates, gold rises to historic highs as trust on paper assets collapses. It seems that cautious investors see the precious metal as an investment hedge against an uncertain future. Gold has traditionally been considered a safe haven investment as it is commonly perceived to [...]

Italy, Weak US Jobs and China CPI adding Downside Pressure U.S. Dollar Trading (US) markets opened negative on Monday as Chinese inflation data added to the weak lead from the June NonFarm Payrolls on Friday. The USD gained on the back of safe haven demand with fresh EU debt concerns adding another layer of fear. [...]

AP – The first week of July is off to a much slower start than the last week of June, when stocks had their biggest gains in two years. Related Reading:Corporate buyout deals give stocks a lift (AP)European stocks slip on Greek bailout concerns (AFP)World stocks rebound following Wall Street rally (AP)Wall Street gains as [...]

The gold:oil ratio is nearing the upper limits of its trading band. When this level has been reached in the past it usually signaled a decline in gold (move down into an intermediate cycle low) and a rally in oil was eminent. Normally I would expect the same this time as gold is very deep [...]

AP – A new round of corporate deals nudged stock indexes higher Monday, although concerns over Greece’s debt led some investors to the safety of government bonds. Related Reading:Rally stalls as Moody’s cuts Portugal debt rating (AP)European stocks slip on Greek bailout concerns (AFP)World stocks rebound following Wall Street rally (AP)Wall Street gains as oil [...]