Energy

August 24, 2012

Contrary gold futures

While traders hold futures guys in high esteem, they are just as susceptible to groupthink as everyone else. They are actually a powerful contrary indicator for gold.

August 24, 2012

Ready, steady, gold

In anticipation of the ECB and the Federal Reserve deciding to stimulate the economy through an infusion of newly created paper money gold prices have started to recover and head…

August 22, 2012

BHP ditches Olympic Dam as profit tumbles

The world's number one miner, BHP Billiton, has delayed its $30 billion Olympic Dam copper-uranium expansion and said no major projects would be approved until June 2013 as it tries…

August 22, 2012

Mistrust fuels continued gold demand

At a time when complex financial instruments allow for the seemingly effective hedging of all manner of risks, why should precious metals, which involve considerable downside risk, continue to be…

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