Author: Samuel robinson

The Gold market has mad another new high, this time at $1,133.5 as the USD continues to weaken.  The Euro/USD is looking to head to $1.50 and the Gold market is following suit, rallying right along with.  $1,150 seems...

Oil broke the huge support of $76.50 Friday and traded down as low as $75.60.  There is still another big support level at $75.00 and this looks to be a good base for the Crude market right now as long as the USD continues...

Reports & Statistics The US trade balance “widened more than forecast to $36.5 billion in September and import prices rose 0.7% last month” according to today’s data.1  Initial jobless claims reported...

Today’s headlines bring another round of focus on the job situation including presidential initiatives and weekly jobless claims. The push has come more than once for the S&P to retain that 1100 milestone, but there is...

Goldman on Tuesday announced their new weighting for the 2010 calendar year. We are looking at heavy gains in corn and beans, no change in wheat with Crude and Copper both losing. This will pull more money into our markets as we...

Reports & Statistics According to Commerce Department data, construction spending rose 0.8 percent in September following a revised 0.1 percent dip in August. Forecasts had pointed to the potential for a 0.2 percent...

The market is expecting an increase of around 200,000+ jobs lost which will increase the unemployment rate to 9.9%.  Frankly I dont know how oil is above $80 if the market has almost double digit unemployment but it still...

Gold has surged $60 the past week as word got out that the Indian Central Bank bought 200 metric tons of the yellow metal worth apporximately 6.7 billion USD.  To give you an idea of how significant this is, it is...

Today’s spotlight will fall mainly on the statements coming from the Federal Reserve meeting as well as on the rolling in of some reactions to the Automatic Data Processing (ADP) employment data. After last week’s...

Anyone who isn’t happy for Ford is Un-American! Ford made a profit without using tax payer money or as you know it bail outs. This is awesome and we should be proud of them; even though I feel their cars do not ride as...