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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As precious metals take hits from the currency crisis in Turkey and a strengthened US dollar, PGMs have managed to rebound slightly […]
( Kitco News ) – Although gold prices have managed to bounce off fresh 12-month lows, the market is still down almost […]
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Gold IS Forming It was the late 90’s and I was graduating from high school and at that time the US dollar […]
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