With gold dominating headlines today, you might be wondering how to own the mysterious yellow metal. After 11 years of gains, many investors are beginning to understand the logic professed by gold bugs throughout this bull market.
Silver is a naturally occurring element that can be found in your jewelry, at the dinner table, in your digital camera, in your car and in your pocket. It is a monetary metal with roots that run parallel to gold.
We began this series with an attempt to cut through media spin and answer the question what is gold? Next we laid out a fundamental strategy for owning gold in a balanced portfolio.
Sandwiched between mercury and platinum on the periodic table, gold is just another element occurring naturally in the earth’s crust. This shiny yellow metal differs from its peers in that it has a powerful effect on human beings.
In the early seventies, amidst political upheaval, inflationary pressures and stagnant economic growth, the richest family in America (at the time), the Hunt family of Texas, tried to corner the market on precious metals.
It’s the commodity with which non-commodity investors are most familiar. It’s probably the most “emotionally” driven commodity where core supply demand factors matter little. And no matter what price it’s at, somebody always loves it.
For those busy watching equities, health care debates or the latest unemployment data, you may not have noticed that crude oil has been in an aggressive bull market since February.
Market situation in which prices in succeeding delivery months are progressively higher than in the nearest delivery month. The discrepancy in prices is often a result of the costs of storing and insuring the underlying commodity. Opposite of backwardation.
A weekly report from the CFTC providing a breakdown of each Tuesday’s open interest for markets in which 20 or more traders hold positions equal to or above the reporting levels established by the CFTC. Open interest is broken down by aggregate commercial, non-commercial, and non-reportable holdings. Related Articles: Commitments of Traders: What are the …