Oil is Different Last week , we showed a graph of rising open interest in crude oil futures. From this, we inferred — incorrectly as it turns out — that the basis must be rising. Why else, we asked, would market makers carry more and more oil? Crude oil […]
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( Kitco News ) – A gold rush is setting upon Iran as citizens attempt to convert their savings into gold amid […]
* SPDR gold holdings fall 1.25 pct on Friday * Specs raise net long gold positions to highest since late April * […]
Gold prices edged higher on Friday as the dollar slipped against major peers ahead of U.S. economic growth data that could shed […]
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