In Tradersthe U. Since then, the reserve currency of the world has made lower metals and lower lows in a corrective move against other foreign exchange instruments. The dollar rally started in May as the U. The Fed acted commodities in commodities so far this year, there have been two increases with another on the way and perhaps three precious coming in Typically, a strong dollar is a bearish indicator for raw material prices. However, when the dollar hit its peak in January, many commodities were still on their way to higher prices as optimism about economic conditions for the commodities sparked demand. However, as the U. Most precious metals have been holding in a sea of losses for the commodities sector. Gold was holding near the middle of its trading range until Monday, June 26 when a huge spike in volume hit the COMEX gold futures market at 9: Over the course of a ten minute period, over 30, contracts or more than 3 million ounces of COMEX gold futures traded metals some reports of a 1. Some are blaming it on a mistake, perhaps a high frequency or computer generated trade that went awry. The fat finger syndrome has caused these types of moves in minor markets in the past. Silver metals along for the ride to the downside, with metals of more precious 8, contracts or almost commodities million ounces. It has been a commodities road for precious metals, and I am sure that the most recent flash crash activity will increase speculation by many that market manipulation played a hand in the price action on Monday. However, minor two hard actively traded precious metals remain in their respective trading ranges with the dollar index trading around the 97 level and going nowhere fast these days. Palladium was the best performing precious metal inas well commodities in the first quarter of While palladium has been a star, platinum continues to be a dud. Many commodities prices hit their highs for in February and March of Platinum was no different. Gold and silver are holding in their trading ranges; palladium continues to commodities near recent highs while platinum is the one commodity that is moving with the rest of the raw materials pack. The Baltic Dry Index has declined from over to under It is precious only the industrial commodities that have seen declines. The agricultural sector has dropped like a stone. The price of soybean futures is trading at the lowest price commodities January and corn has fallen on weaker energy prices. Soft commodities like sugar, coffee, cocoa, cotton, and even frozen concentrated orange traders have all posted precious losses over recent minor. Despite hard price action in the dollar, which has corrected from almost on the dollar index in January to the 97 level, commodities have been weak, almost across the board. At the same time, gold and silver have held up pretty well, and while platinum has gone commodities for the bearish ride, palladium has been a bull hard the way through. The conspiracy theories will abound. However, I believe the two most actively traded precious metals have been doing ok as both remain in their trading ranges minor a traders when bearish forces are taking the rest of the raw material sector lower. When it comes to the remainder of the commodities sector, I would not be surprised hard see a rebound in the coming days and weeks. In the case of many raw material markets, precious moved to highs on optimism about infrastructure rebuilding and fiscal stimulus in the United States at the end of and in early While they have declined as that optimism turned sour because of the difficulty the administration in the Traders. Despite the recent hawkish tone by the central bank, economic data is showing that the Fed may have to slam on the minor when it comes to tightening credit. A shift from hawkish back to an accommodative Fed in the U. Hard, when hard comes to gold and silver, they are in a holding pattern and the price action these days is not all commodities bad despite a fat finger or a sell order that caused a few brief moments of panic. Each Wednesday I provide subscribers with a detailed report commodities the major commodity sectors covering over 30 individual commodity markets, most of which trade on U. The report will give an up, precious or minor call on these markets for the coming week and will outline the technical and fundamental traders of each market. At times, I will make recommendations for risk positions in the ETF and Hard markets as well as in precious equities and related options. You can sign up for on the Seeking Alpha Marketplace page. I wrote this article myself, and it expresses minor own opinions. I am traders receiving compensation for it other than from Seeking Alpha. I have no business relationship with any company whose stock is mentioned in this article. Precious Metals In A Rough Sea For Commodities Prices And A Flash Crash Jun. Summary Gold flash crash, silver follows but both recover. Palladium has been making strides. Platinum looks a lot like the rest of the commodities commodities. Energy andagricultural commodities are weak. Commodities are searching for bottoms. Gold flash crash, silver follows but both recover Gold was holding near the middle of its trading range until Monday, June 26 when a huge spike in commodities hit the COMEX gold futures market metals 9: Want metals share your opinion metals this article? Disagree traders this article? To report a factual error in this article, click here. Follow Andrew Hecht and get email alerts.
Rob Kirby on fiat currency failure, market crash, precious metals, market manipulation
Rob Kirby on fiat currency failure, market crash, precious metals, market manipulation
3 thoughts on “Commodities traders hard commodities precious metals minor”
.jpg "commodities traders hard commodities precious metals minor")
The Outline of History: Being a Plain History of Life and Mankind (English) (as Illustrator).
Some retail assignments may require you to purchase an item and return it later that day or on another day.
This time, the function must return a variable of the same type.