Tag: the-session

Bookkeeping: Stopped out of Caterpillar (CAT)

Filed in Gold Investing, Gold Prices, silver by on September 17, 2010 0 Comments

While the market has done nothing today Caterpillar opened down and has spent the rest of the session rallying. I put a very tight stop loss of only roughly $1 on the name to avoid any damage so I have now been stopped out for a just greater than…

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August Ends in the Red Closing Taking out Most of July’s Gains

Filed in Gold Investing, Gold Prices by on August 31, 2010 0 Comments

Stocks finish off the lows of the session as the market assess a bickering central bank Better than expected home price data from Case-Shiller, Chicago PMI, and consumer confidence figures help drive the market higher for much of the day.  Volume had an advantage as Monday’s trading session bore witness to the lightest trading volume of

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Stocks Rebound From Friday’s Sell-off

Filed in earnings, Gold Investing, Gold Prices, silver by on July 19, 2010 0 Comments

Earnings season is now in full swing and the market rebounded today.  It is quite common for the market to have a natural reaction to heavy volume selling and today wasn’t a surprise.  Early in the session sellers took over shortly after the opening sending stocks much lower.  Volume lagged Friday’s option expiry pace, but

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Gold Prices Today Under Downward Pressure

Yesterday’s sell-off in gold was expected, as the two record-breaking days last week all but ensured Monday would follow that pattern, and that was the case. Today’s gold prices continue to decline early in the session, as investors continue to take profits after a robust gold week. Yet as the day progresses, a rebound has emerged, and gold prices have started to go up after 12:00 PM EDT; a

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IAMGOLD (NYSE:IAG), Yamana Gold (NYSE:AUY), Royal Gold (NYSE:RGLD) Join Gold Rebound

Everywhere you look today, gold mining companies were up, as gold prices surged, carrying the gold miners with them. IAMGOLD (NYSE:IAG), Yamana Gold (NYSE:AUY) and Royal Gold (NYSE:RGLD) were all up in the session, moving in conjunction with gold prices, which leveled at gains between $10 to $13 an ounce, and $1,231 a range of $1,234 an ounce overall, after it settled in afternoon trading.As

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Gold Prices Scream to New High Today

Gold prices exploded to new highs today in New York and London as confidence in paper currencies continue to erode and concerns over the sovereign debt crisis in Europe and China demand for raw materials and products surge. Prices for gold today early in the session reached as high as $1,254.50 an ounce, and was trading at $1,250.80 an ounce as of 10:34 AM EDT, a gain of $10.50 at the time.

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Barrick Gold (TSE:ABX), Newmont Mining (NYSE:NEM) Rebound

Barrick Gold (TSE:ABX) (NYSE:ABX) and Newmont Mining (NYSE:NEM) rebounded with gold prices today, which reached toward the $1,200 an ounce mark again, before falling back some later in the day. Barrick pushed hard during the day, but dropped in the latter part of trading as well, although though still finishing the session up a little, and increasing more in electronic trading. Barrick finished

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Teck Resources (NYSE: TCK), Barrick Gold (NYSE: ABX), Lundin Mining (TSE:LUN) Down as Gold Falls in Price

Teck Resources (NYSE: TCK) (TSE:TCK-B), Barrick Gold (NYSE:ABX) (TSE:ABX) and Lundin Mining (TSE:LUN) are all down today as gold prices drop. Even when gold prices were up earlier in the session, these gold miners struggled, seeming to point to traders taking profits after a nice run last week. As of 12:50 P.M. EST, gold prices were at $1,225.10, a decline of $6.30 an ounce. This isn’t a

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Newmont (NYSE:NEM), Freeport-McMoRan (NYSE:FCX), Harmony Gold (NYSE:HMY) and Gold Fields (NYSE:GFI) Rise with Gold Futures Prices

Gold futures continue to rise into uncharted territory, and gold mining companies are finally starting to rise with them as Newmont (NYSE:NEM), Freeport-McMoRan (NYSE:FCX), Harmony Gold (NYSE:HMY) and Gold Fields (NYSE:GFI) all ended the session with gains.Newmont was up 51 cent, an increase of .88 percent; Gold Fields moved up 13 cents, or .95 percent; Harmony Gold rose .19 cents, or 1.86

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Eldorado Gold (NYSE:EGO), Allied Nevada Gold (AMEX:ANV), Jaguar Mining (NYSE:JAG), Iamgold (NYSE:IAG) All Up over 9 Percent

Gold mining stocks soared today as gold futures broke a new record for closing, reaching $1.220.30 as the session ended. Eldorado Gold (NYSE:EGO), Allied Nevada Gold (AMEX:ANV), Jaguar Mining (NYSE:JAG) and Iamgold (NYSE:IAG) were all up over 9 percent in after hours trading, as growing concerns over the consequences of the approximate $1 trillion being offered to bail out euro-zone countries

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Jordan’s King Says Israel-Hezbollah-Lebanon War “Imminent”

Filed in Bank Gold, gld, Gold Spot Market by on April 15, 2010 0 Comments

Congressman Adam Schiff hosted a “Members Only” meeting of the ‘Congressional Friends of Jordan Caucus’ in the US House of Representatives this morning in the CVC Congressional Meeting Room with Jordan’s King Abdullah II. According to one attendee in the session, “the King’s message was sobering.” King Abdullah seemed significantly concerned that conflict was about to break out again between Israel and Hezbollah in Lebanon. WRH permalink

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Dow Touches 11,000

Filed in Gold Prices, silver by on April 9, 2010 0 Comments

The Dow Jones Industrials added 70.28 points to finish the day and the week at 10,997.35. The Dow opened fractionally (0.15 points) lower at the start of the session, but quickly recovered and spent… [[ This is a content summary only. Visit my websi…

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