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Silver Market Recap Report
May 18th
Over the last two trading sessions the silver market took a lot of direction from the action in
gold prices. Clearly silver was partially lifted by hopes of near term easing, but silver has seen
some added volatility because of its industrial background and perhaps…
Advocating Patience, Top Gurus Undaunted by Red Week
May 18th
(eToro Blog) Over the past week, quite a few OpenBook traders and even a few gurus were caught on the wrong side of a trade or when the crisis in the Eurozone escalated well beyond investors’ comfort zone. The Euro trended lower and refused to retrace, much to traders’ collective chagrin. With the uncertainty of More >
Mid-Session Silver Market Report
May 18th
Like gold, the July silver contract extended yesterday’s rather impressive recovery effort in the
trade this morning. Even more surprising is the ability to rally silver prices in the face of
residual weakness in energies, weakness in US equities and some residual…
CPM sees investors wary of silver
May 18th
Investment demand in silver is expected to fall this year as investors become more wary of
volatility following the industrial metal’s wild ride last year, according to the 2012 Silver
Yearbook published by CPM Group on Thursday
Steel Reality Momentum (MoMo) Reports 13th Week of Negative Readings
May 18th
Utilizing a trailing average Hot Rolled Coil (HRC) price, the SMU/Steel Reality price momentum
meter for flat rolled steel in the US remained below 0% this past week for the 13th straight week
of negative readings….
Hot Rolled Steel Futures Plunge as European Crisis Deepens
May 18th
There is no sign of a bottoming in Hot Rolled Coil (HRC) futures prices, in fact the price decline
accelerated today as worries intensified about the European financial system….
Morning Silver Market Report
May 18th
Compiled 05/18/12 6:00 AM (CT)Statistics: London Gold Fix $1,588.00 $+41.00 LME Copper Stocks
221,175 tons +3,725 tons.SILVER MARKET FUNDAMENTALS: (6:00 AM CT) For the time being, the silver
market has de-linked somewhat from its industrial commodity standing and instead…
Traders Count the Minutes till the Facebook Frenzy Really Begins
May 18th
(eToro Blog) The debate and speculation is finally over and all that’s left now is the shouting. Late yesterday, Facebook executives announced that it would price its 421.2 million shares of stock at $38.00 per share, the high end of the anticipated range. At that price, Facebook shares would trade at better than 100 times More >
Gold Rebounded, Awaiting European and Fed Actions
May 18th
Gold futures bucked the trend of the broader market and jumped $38 or 2.5% on Thursday, the largest
percentage increase since 25 October, 2011. S&P fell almost 2% while Stoxx and crude oil both
dropped 1.5%. Dollar index rose for 14 consecutive days….
Jean-Claude Trichet Has an Idea that Could Save the Euro, but Will it Fly?
May 18th
(eToro Blog) Jean Claude Trichet, the former president of the European Central Bank, yesterday presented a bold but sure to be controversial plan that could go some way to saving the Eurozone. Many of the problems that currently exist in the Eurozone can be blamed on the lack of a political or fiscal union, a More >


