Tag: Metal

US PMI Miss, China Government Shakeup Bode Poorly for the Red Metal

Copper, US PMIs, Rate Hike Bets, China GDP, Lockdowns, Technical Outlook – Talking PointsThe red metal is on the move lower for the second day despite upbeat China GDP dataA contraction in US...

Dollar lower….Gold higher. The precious metal moves above a downward sloping trend line

The price of spot gold has moved up 5 last 6 trading days (the one down day was just by $1or $2). The move to the upside took the price from the low...

London Silver Inventories Continue to Plummet as Metal Exits LBMA Vaults

There is an unprecedented situation emerging in London, where the relentless hemorrhaging of one of the world’s...

Metal: Hellsinger – where video games and heavy-metal music collide | Games

Video games and heavy metal music have long shared a passing curiosity with one another. Look no further than the iconography of Doom, or Tim Schafer’s Brütal Legend, for evidence of that. But...

“I’m A Fan Of Gold” – Seth Klarman Supports ‘Prudent’ Positioning As Goldman Hikes Precious Metal Price Target

Gold broke down this morning below $1800, losing its modest gains for the year (but still outperforming bonds, stocks, and crypto YTD). This move comes amid geopolitical chaos, monetary policy uncertainty (rate-cut expectations...

Gray Outlook For Red Metal Copper As It Emerges From China’s COVID Shadow

China, the world’s biggest buyer of metals, is emerging from its longest coronavirus lockdowns in two years, sending positive vibes across industries, particularly those involving construction and infrastructure.But strangely, prices of , the...

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