Thursday, June 25, 2009

Gold Gains Dollar Heads for Weekly Decline Against Euro on Yield Demand


Gold rose to $939.50 an ounce on the New York Mercantile Exchange’s Comex division
Silver rose to $14.005 an ounce
The dollar fell, heading for its biggest weekly loss against the euro in a month , The dollar declined to $1.4041 per euro from $1.3988 yesterday
Crude oil rose for a second day, trading above $70 a barrel

Bob Chapman on Gold and Silver Trading June 24 2009

Bob Chapman The International Forecaster on Gold and Silver Trading This June 24 2009 :
In Todays market : Gold is up Silver is up , platinum down a dollar palladium is flat , Dow Jones is down , NASDAQ is up , New York Stock Exchange is up , US dollar is up , Crude oil is up ...Bob Chapman says that Gold and Silver prices are manipulated he speaks about Ron Paul 's bill to audit the FED he then takes your calls and answers questions touching several topics especially regarding gold and silver prices and the stock market etc....
TAGS are : Rothschild NWO EU Russia Global Strike Economy Ice Warming Bombs Bilderberg Iraq Girls Rockefeller 9/11 NAU Gold Silver Alex Jones Politics


Wednesday, June 24, 2009

Gold May Rise as The Dollar Drops

China have been accumulating massive amounts of commodities in the last 6 months or so , copper zinc oil aluminum , nickel , but the demand from the Chinese market have not picked up really except from the auto industry so the prices of commodities are likely to start to suffer in the short term , agricultural commodities may hold up a little bit better as they follow a whole different cycle from mining commodities ...The official currency of commodities The Dollar has collapsed against the Euro today The dollar yesterday dropped as much as 1.8 percent versus the euro, the most since May 8, The crude oil at $70 a barrel is at med cycle price .Gold Bullion for immediate delivery traded at $925.54 , Silver for immediate delivery rose 0.4 percent to $13.905 an ounce. Silver has outpaced gold this year, with an ounce of gold now buying about 66.53 ounces of silver . platinum climbed 0.4 percent to $1,166.50 an ounce. Palladium fell 0.5 percent to $235.50 an ounce .“The weakness in the dollar is going to have some positive impact on commodities,” Francisco Blanch , head of global commodity research at Merrill Lynch & Co Watch the video bellow....








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