Gold Silver Reports → London copper and nickel surged on Monday, after China markets reopened following a week-long holiday and investors stocked up on the most heavily sold down metals.
Analysis
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GOLD: Time for Pullback/Consolidation?
Gold Silver Report → Since the December lows, $GOLD has moved up +20%, and the advance this month has been nearly vertical (as in parabolic). At this point there are some signs that price needs to consolidate or pull back.
Crude Oil Recovering Prices, Bulls Eye Output Cuts
Gold Silver Reports → Even as West Texas Intermediate futures once again approach $25 a barrel with the U.S. benchmark at its cheapest in more than 12 years, some investors have started betting on a rebound in hopes of crude oil production beginning to slow.
U.S. and Global Market Turmoil Causes Forecasters to Fed’s next move up
Gold Silver Reports → Economists are pushing back their calls for the next Federal↔Reserve interest↔rate hike in droves. Trouble overseas and uncertain economic conditions at home have helped move the median forecast to June from March.
India Managed GDP Growth in the 7% Range
Gold Silver Reports → A closer report at India’s impressive 7.3% real gross domestic product growth for the October-December quarter reveals a troubling reliance on urban consumption, casting doubt on the nation’s ability to drive global growth as China stumbles.
Nikkei Posts Biggest Weekly Drop Since Oct 2008
Nikkei Posts Biggest Weekly Drop Since Oct 2008