By Daniel R. Amerman, CFAHousing prices and the associated REIT returns have worked very differently in the United States since the recession of 2001. The increasing financialization of the real estate markets by Wall Street, and the aggressive and unconventional interventions by the Federal Reserve over that time, have combined in multiplicative fashion to produce new and volatile sources of ho...Read More

Key Gold and Precious Metals News, Commentary and Charts This WeekWith Brexit around the corner and stock markets plunging in October - is now the time to invest in gold is asked by This Is Money this week. They kindly mention GoldCore as a leading "online bullion dealer" of physical gold (bars and coins) and informed their readers how "buyers can ask to have it stored, for a charge, or delive...Read More

The Dow isset to snap a four-day winning streakDespite well-received earnings for Walt Disney (DIS), futures on the Dow Jones Industrial Average (DJI) are lower to finish the week. The index is set to snap a four-day winning streak, as oil prices wade deeper into bear market territory. At last check, December-dated crude futures were down $1, or 1.7%, at $59.64 per barrel. S&P 500 Index (SPX)...Read More

ALB stock is trading above its 50-day moving averageAlbemarle Corporation (NYSE:ALB) just announced it's postponing two lithium production projects in Chile, and brokerage firm Berenberg responded by lowering its price target on ALB stock to $130 from $150. This still represents major upside -- nearly 23% to be exact -- from the shares' Thursday closing price of $105.87.Looking back further, the e...Read More

How you can transform lagging indicators into leading indicators.For hundreds of years, since the first stock exchange opened its doors, every trader has been looking for an edge... Some way to predict what will happen next... And hopefully collect a fat "paycheck" at the end of the road.From Bollinger bands to momentum oscillators, technical indicators have been at the forefront of this constant...Read More

European stainless steel market participants were losing confidence that the market will recover early in the New Year, they told Fastmarkets on Friday November 9, with transaction prices falling further this week.Transaction prices for grade-304 cold-rolled (CR) stainless sheets were assessed at ?,?2,150-2,200 ($2,454-2,511) per tonne delivered on Friday, down by ?,?30-60 per tonne from ?,?2,180-...Read More

Austenitic steel scrap prices in the UK decreased this week on the back of persistently poor demand and a negative outlook for early 2019, with lower nickel prices also a factor.Demand has been poor since October, when a substantial fall in the stainless steel market resulted in more cautious scrap purchasing from stainless mills. Scrap prices have gradually eased off during this time, although mu...Read More

Base metals on the London Metal Exchange were mostly lower at the close of trading on Friday November 9, with broad price weakness coming amid a fresh surge in the dollar index while investors heed caution over hawkish US-Sino trade relations. "Base metals are working against the strong dollar and the tightening Fed policy," SP Angel commodities analyst Sergey Raevskiy told Fastmarkets. "All the f...Read More

The latest metal markets news and price moves to start the North American day on Friday November 9. Base metals on the London Metal Exchange were mostly lower during morning trading on Friday November 9, failing to match upward momentum across Asian sessions amid strong economic data on Chinese exports. The three-month lead price was the biggest loser, falling 2% from yesterday's close to $1,...Read More

Good morning from Fastmarkets MB's offices in Asia as we bring you the latest news and pricing stories on Friday November 9.Most base metals prices on the Shanghai Futures Exchange were up during Asian morning trading on Friday November 9, buoyed by the modest pick-up in risk-on sentiment following China's release of positive economic data for October. Check Fastmarket MB's live futures report her...Read More

Gold's recovery rally from August lows has likely ended and prices could fall back below $1,200 in the coming weeks.    Stepping back, prices hit 3.5-month highs above $1,240 on Oct. 26, triggering speculation that the yellow metal is regaining safe-haven appeal. In the last two weeks, however, the bulls repeatedly failed to secure an end of the day close above $1,238.58 – 38.2...Read More

Fastmarkets MB reviews the major stories that have affected the steel market during the week ended November 9.Raw Materials Japanese H2 scrap continued to lead price falls in the Asia markets amid weak demand from end users and bearish sentiment among traders.It is unlikely that there will be any spot-market activity in 2019 for direct-reduction (DR) grade iron ore pellets, according to...Read More

Gold spot ($) The downside prevails. Stay on top of the markets with Swissquote’s News & Analysis Pivot (invalidation): 1224.00 Our preference Short positions below 1224.00 with targets at 1212.00 & 1209.00 in extension. Alternative scenarioAbove 1224.00 look for further upside with 1227.00 & 1230.00 as targets. Comment The RSI advocates for further decline.   Silver s...Read More

Metal Bulletin rounds up some of the key news and price moves across the global metal markets this week. Base metalsDuring the Asian trading on Friday morning, most base metal prices on the Shanghai Futures Exchange were up, buoyed by the modest pick-up in risk-on sentiment following China's release of positive economic data for October. On London Metal Exchange trading on Friday morning...Read More

Gold Gold charts have been reviewed. New patterns have been discovered. In general, the metal is going down. Namely, the commodity price is trading in two channel down patterns in the borders of a large scale ascending pattern. In the near term future, the pair is set to decline in the smallest pattern down to the 1,213.85 level, where it should encounter the support of a monthly pivot point....Read More

   •  The precious metal extended its bearish slide for the sixth consecutive session and dropped to near one-month lows after hotter than expected US PPI figures.    •  On the daily chart, the commodity has struggled to sustain above $1235 horizontal zone on closing basis, forming a bearish double-top chart pattern.     •  Sustained...Read More

Bix says we're easing in to freely traded markets, and silver will very soon move to a 1 to 1 ratio with gold. Here's more...by Bix Weir from Road to RootaWith the JP Morgan silver trader ratting his bosses out for YEARS of silver manipulation we SHOULD see silver find a TRUE Fair Market Value when the hammer comes down. 7 to 1 Gold ratio to OPEN! Read More

“We are in a bond market bubble that’s beginning to unwind.” This is the statement of Alan Greenspan. Is he right? We invite you to read our today’s article about the US bond market and find out whether it is in bubble or not – and what does it all mean for the precious metals market.  Gold Asks: Are US Bonds Overvalued? Bond yields are in an upward trend since 2...Read More

   •  Resurgent USD demand kept exerting downward pressure on Friday.   •  Firming Fed rate hike expectations add to the ongoing bearish slide.   •  A slight deterioration in investors’ risk-appetite does little to lend support. Gold remained under some selling pressure for the sixth consecutive session on Friday and is currently pl...Read More

Published 22 Hours AgoUpdated5 Hours AgoReuters Gold fell to its lowest in a month on Friday as the U.S. dollar strengthened after the Federal Reserve reaffirmed its monetary tightening stance, seen as a negative for non-yielding bullion.The Fed held interest rates steady on Thursday but is widely expected to raise interest rates in December - which would be its fourth hike this year - as it point...Read More