Wednesday, November 17, 2010

Silver price vs Stock Market

Silver is a Sign for Stock Direction: ChartsNov. 17 2010 | 1:40 AM ET
If the price of silver declines further, it could mean another 5 percent decline for the stock market, Chris Furman, global strategist at Zwermann Financial, told CNBC Wednesday. Furman explained that silver can act as a predictor and had a reaction in 2008 before the widespread market turmoil.

Dollar-Yen Could Test 86 Level

Nov. 17 2010 | The yen could head up to 86 against the US dollar in the next few weeks, as we approach the year-end, believes Harry Ida, senior analyst, Thomson Reuters. He shares his currency outlook, with CNBC's Steve Sedgwick and Chloe Cho.

Platinum price may peak at $1 900/oz in next six months - Johnson Matthey

The platinum price may peak at $1 900/oz in the next six months, says Johnson Matthey principal analyst Alison Cowley, whose top-of-the range forecast for palladium is $850/oz.

DAILY NEWS ON BOOZE