Gold Prices Pop as Investors Cover Short Positions

Read More: http://1goldinvestment.com/gold-prices-pop-as-investors-cover-short-positions/ Gold Prices Pop as Investors Cover Short Positions Gold prices were popping on Friday after a poor jobs report forced investors to cover their short positions. Gold for April...

If you can’t earn anything in a savings account or T-bill, you might as wel...

If you can’t earn anything in a savings account or T-bill, you might as well have gold, right? The Nov NYMEX crude oil futures contract rolled to the Dec contract, which closed at $66.75. Overnight it rose to...

NYMEX Crude Oil futures contract made a new low of $86.05 yesterday

NYMEX Crude Oil futures contract made a new low of $86.05 yesterday The NYMEX Crude Oil futures contract made a new low of $86.05 yesterday, but followed stocks up to close at $88.95. Overnight it went further to $89.82, and is trading at $89.49 at 10:20 am GMT. This is...

Higher Oil Prices From Russia, With Love

Just when you thought oil prices were going to go down and stay down for a little while a regional flare-up between Russia and Georgia has led to the price per barrel of oil rising about $10."Oil roared above the $120 a barrel level on Thursday and gold prices jumped amid...

OPEC Agrees to Boost Crude Oil Output

Abdalla Salem El-Badri, OPEC's secretary general, in an astute decision to loosen OPEC's taps, based in part on the effects of the crisis in the U.S. subprime mortgage market, has agreed to boost crude production...

Iranian President Makes Moves To Capitalize On Iranian Oil Wealth

The Iranian President Mahmoud Ahmedinejad is reshuffling the oil ministry. He says this way, he hopes to deliver on his promise to redistribute wealth. He’s also sacked the Industry Minister. And next on the agenda is the Foreign Affairs Ministry. It’s not the first...

Iranian President Makes Moves To Capitalize On Iranian Oil Wealth

The Iranian President Mahmoud Ahmedinejad is reshuffling the oil ministry. He says this way, he hopes to deliver on his promise to redistribute wealth. He’s also sacked the Industry Minister. And next on the agenda is the Foreign Affairs Ministry. It’s not the first...

Oil Hits Record High!

Oil Settles Above $78, Setting Record Tuesday July 31, 8:34 pm ET By John Wilen, AP Business Writer Oil Settles at a Record High Above $78 a Barrel on Inventory Expectations NEW YORK (AP) -- Oil futures settled...

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