Every asset class except gold stocks was higher this week. The HUI ‘Gold Bugs’ index fell 2.3% to close at 8.12 grams, about 8% above its low for the year. The strongest assets were commodities. In the lead was cotton, which rose 4.6% this week to close at 13.1 mg/lb – recovering most of last […]
This was a good week for most asset classes, with currencies and bonds all higher, stocks mixed, and commodities all higher except for coffee, which made a new all-time low of 26.3 mg/lb on Tuesday, but rallied to finish the week down 0.3% at 26.7 mg/lb. Bitcoin was in a league of its own this […]
Last week saw yet another reversal from the week before; once again, the only thing in common was the continuing decline in silver and copper, now in its 3rd week. Currencies gained back some of what they lost the week before, lead by the CAD, which rose 1.8%. Bonds were higher, the SHY up 1% […]
Filed under Bonds, Coffee, Commodities, Dow Jones Industrials, monetary universe, S&P 500, Silver, Stocks, US Dollar by 
Last week showed many gains and few losses. Once again commodities lead the way, with crude oil up 6.7% and coffee up 2.6%. Silver and copper were each down 0.3% – the largest losses for the week. Gold and silver mining stocks also suffered, falling 0.2% for the week. Currencies were all up, with the […]
Filed under Bonds, Coffee, Commodities, Dow Jones Industrials, S&P 500, Silver, Stocks, US Dollar by
Market Update, 29 Jun 2012 This week saw a reversal of last week’s trend, with almost all investment categories showing losses. Currencies and bonds were all lower, on news of new European bank bailouts and fears that next week will bring further easing from the ECB and Bank of England. Most stock markets were also […]
Filed under Bonds, Coffee, Commodities, Dow Jones Industrials, Interest Rates, S&P 500, Silver, Stocks by
All investment categories except commodities showed nice gains last week. Interestingly, the week’s biggest winners and losers were both commodities, with coffee rising a stunning 7.5% and cotton dropping 3.6%. Silver and crude oil both lost ground, down 2.8% and 1.3% respectively, while copper was slightly higher, up 0.7%. Currencies were all higher for the […]
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Last week was excellent for almost all investment categories. Only the long bonds (TLT) showed a loss, taking a breather after an extended series of gains that have left them up 7.4% for the last month and almost 31% over the last 12 months. The biggest winner was cotton, up 8.3%, followed by US stocks, […]
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On December 6th, US stocks, with the wind of a strong USD at their backs, poked their heads above their lows of 2009 for the second time this year. The previous attempt was short lived… Will this one fair better? After the 2008-2009 crash bottomed on March 6th, 2009, the S&P 500 quickly bounced from […]
Bloomberg News and Priced in Gold Nov. 6 (Bloomberg and Priced in Gold) — Warren Buffett’s Berkshire Hathaway Inc., holder of a derivatives portfolio worth more than 1.3 billion gold grams, said third-quarter profit declined 29.7% percent on losses tied to equity-linked contracts and the falling value of the US Dollar. Net income fell to […]
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