Tuesday, July 31, 2012

DailyMarkets.com - Gold Traders Waiting For Dollar/Commodity Divergence

DailyMarkets.com - Gold Traders Waiting For Dollar/Commodity Divergence


Gold Traders Waiting For Dollar/Commodity Divergence

Posted: 31 Jul 2012 09:33 AM PDT

Tuesday, July 31, 2012
The price of Gold has been in a state of flux, without the bulls or bears able to gain the upper hand. The fact that the Dollar and broad commodity markets have moved in tandem for several weeks has resulted in Gold missing out on the commodity rally. If we see some divergence with commodities and the Dollar, Gold may begin to move out of this tight range.
Fundamentals
Gold futures have been firmer over the past several sessions, boosted by the rally in equity prices. … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


U.S. Restaurants Show Expansion Again In June

Posted: 31 Jul 2012 07:55 AM PDT

The National Restaurant Association reported yesterdaythat:

"Bolstered by stronger same-store sales and customer traffic levels, the National Restaurant Association's Restaurant Performance Index (RPI) stood above 100 for the eighth consecutive month in June. The RPI – a monthly composite index that tracks the health of and outlook for the U.S. restaurant industry – stood at 101.4 in June, unchanged from May's level (red line in chart). June represented the eighth consecutive month … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Euro Firms Ahead Of ECB

Posted: 31 Jul 2012 07:16 AM PDT

07/31/12 EUR/USD topped the $1.23 level following the release of US economic data releases and ahead of this week’s central banks rate … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


HR 757: “We The People” For Real Investor Protection

Posted: 31 Jul 2012 07:06 AM PDT

In the same spirit as that which inspired those who signed our Declaration of Independence, I welcome attaching my name to the following proclamation in support of HR 757 for real investor protection. What makes the proclamation highlighted below so special? It is truly a grass roots effort. As noted attorney Helen Davis Chaitmain asserted:

People are contributing money for these ads in order to educate the electorate that our representatives (and the SEC) have forgotten that they represent … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


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