Tuesday, July 10, 2012

DailyMarkets.com - Are Platinum Prices Forming A Long-Term Bottom?

DailyMarkets.com - Are Platinum Prices Forming A Long-Term Bottom?


Are Platinum Prices Forming A Long-Term Bottom?

Posted: 10 Jul 2012 08:25 AM PDT

Friday, July 6, 2012
Though current Platinum demand is lackluster, current low prices are starting to have an effect on production, as many South African mining operations have begun to close mines due to poor profit margins. This may set the stage for a rebound in prices once demand picks up, as producers are reluctant to increase production until higher prices are reached.
Fundamentals
Platinum, the most industrial of the precious metals, continues to lag behind the price of Gold, as … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Disappointing Jobs Report Weighs On Commodity And Equity Index Futures

Posted: 10 Jul 2012 08:25 AM PDT

Monday, July 9, 2012
The disappointing employment report may have capped the recent rally in equity index futures, as traders gear up for what may be a continued period of sub-par economic growth prospects.

Fundamentals
After a strong start to begin 2012, the employment picture in the U.S. has turned lackluster, with economic growth prospects beginning to slow. The Labor Department reported on Friday morning that U.S. payrolls grew by an anemic 80,000 in June, below the 100,000 to 120,000 jobs … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


US Stocks Pare Gains On Stronger USD

Posted: 10 Jul 2012 08:16 AM PDT

07/10/12 Wall Street turned lower after a strong open. US equities got a boost on the heels of the Spanish bank deal, but warnings from AMD and Applied Materials dragged on the tech … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Stocks Mixed On EU Hopes, Chine Trade Surplus

Posted: 10 Jul 2012 03:00 AM PDT

07/10/12 Global stocks were mixed early Tuesday as EU optimism grew on lower Spanish bond yields while China’s trade surplus … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Euro Continues To Struggle Despite Agreement On Spanish Bailout

Posted: 10 Jul 2012 06:40 AM PDT

Fundamental Headlines
- EU to Speed $123 Billion Aid for Spanish Banks – Bloomberg
- JPMorgan Silence on Risk Model Spurs Calls for Disclosure – Bloomberg
- Fed Knew of LIBOR Issue in 2007-08, Proposed Reforms – Reuters
- China's Trade Growth Slows – WSJ
- OECD Warns of Long-term Damage to Unemployed – WSJ
Asian/European Session Summary
The flight to safety was bolstered in the Asian session as Chinese trade data from June signaled a continued weakening of the Chinese consumer. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Are You Limited By Linear Thinking?

Posted: 10 Jul 2012 06:00 AM PDT

Is your portfolio limited by linear thinking? We believe so.
Many linear thinkers believe that to solve a problem, you need to follow a simple, logical path, a step-by-step sequence involving two variables. One and one is always two. Here's a diagram depicting the progression.

When it comes to solving today's social, political and economic ills, linear thinkers believe the solution is more regulation and government intervention. To wit: the thousands of pages piling up from the solutions … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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