The mainstream media has drawn a rather interesting correlation between the price of spot bullion and the price of oil. Not a day goes by that the price of oil is directly correlated between gold and silver prices. In fact, this scenario could not be further from the truth.
While bullion and oil are very speculative investments and do correspond in price with the levels of inflation, they are not directly linked. Oil has a much smaller supply than that of bullion. The daily supplies of oil and other commodities are based on the amount produced on a day to day basis, as no real reserve of ready to use oil is traded. Remember, oil is traded with futures, bullion can be traded by means of a futures platform or a spot market. Read more…
Futures and Commodities
oil
Poor timing, too low price points? No, it appears that Yahoo might be avoiding a Microsoft buyout solely for sentimental reasons. Now that Jerry Yang is the CEO, it appears he’s wanting to hold onto the company he worked so hard to start back in his own college years at Stanford.
Yang owns about 4% of the company that is currently worth $1.5 Billion, his stakes are huge and he’s still drawing the infamous $1 salary that is common with many tech giants. His wealth has been derived in its entirety from the growth and capital gains he’s received as a huge shareholder in Yahoo. As CEO and a founder, it seems that his own unwillingness to sell might lay in a dislike for Microsoft and sentimental views of Microsoft rather than what shareholders want. Read more…
Bonds, ETF, Forex, Futures and Commodities, Investing, Real Estate, Round Up, Stocks
MSFT, YHOO
While gold prices continue to make record highs on fears of inflation and high oil prices, the buying may be a bit exaggerated. As we saw in 2006 when oil prices were fueled by speculation when the price went from the $70s to $50 by May 2007, the gold market may be lead by speculation more than anything. Read more…
Futures and Commodities
gold
Oil is the most in-demand commodity today. Each and every day, 82 million barrels of oil is pumped and virtually all of it finds a buyer on the same day. About 80million barrels is normal crude oil, traded on the markets at the current prices. The other 2 million is a mix of heavy Saudi Crudes that have very few uses in industry. Read more…
Futures and Commodities
oil
Yesterday, stocks fell 38.54 points (.3%) to 12,647.48 while oil prices continued on their upwards swing., climbing to their highest level yet this year. This is a new high (ranging in price from $60.50 to $61.80), which was driven by tensions with Iran and continued pressure upon U.S. petroleum product suppliers. Read more…
Futures and Commodities
Auto companies became hit and misses of the sales reports this quarter. DaimlerChrysler was hit with a 35 percent drop in domestic sales. For the sixth month Ford 35.2 percent and General Motors 22.2 percent have had a decline in sales. Honda rose 6 percent and Toyota’s sales 11.7 percent. Read more…
Futures and Commodities, Stocks
Have you ever wanted to get in on the commodities market but your have no idea where to invest or how? You can now with a few new ETF’s that are commodity driven. From this you can get in the oil, gold, corn, beans, and other commodities that you read and hear about. Read more…
Futures and Commodities, Round Up
Oil is one of the most vital commodities known to man. Powering essential items such as cars, planes and trains. It produces items such as plastic and petroleum jelly. It represents an intrinsic part of modern life. Read more…
Futures and Commodities
oil
Gold has hit 700 per ounce for the first time in 26 years. Many believe that it will continue going up as there is just to much current events that leave investors feeling uncertain about the future of their investments. Gold will hold more value then paper money in times like this. Read more…
Futures and Commodities
As expected the oil price would fall a bit due to the people starting to wonder and the lawsuits brought against Bush. It will fall some then hit new highs from Iran’s propaganda that will put fear only in OPEC and the futures. Read more…
Futures and Commodities
The prices of the metals are moving up just as fast as the prices of oil. Here is a metal round-up of the current prices and where they are expected to go. Read more…
Futures and Commodities
copper, gold, silver
US auto makers are driving away investors because of negative numbers and at the same time oil companies are getting the attention of many because of all time profit. Whats driving these companies in two different directions? The price of oil plays in, but there are other things contributing to this mayhem. Read more…
Futures and Commodities
F
People are seeing signs that the fed is easing up on interest rates and this has sent oil past $71 a barrel and analyst are looking for oil to soar past $80. The energy markets will be seeing all time profits again this year if the oil continues to sky rocket. Where can we put our little money to get in on this upward trend? Read more…
Futures and Commodities
oil
You were not there for the California Gold Rush in 1848, but you are here for the gold rush of today. Five years ago the price of gold was about $270 and today the price has jumped to $616 and still moving in the up direction. Gold hasn’t been at these prices since like this since 1980′s. Read more…
Futures and Commodities
gold
