Glut Adds More Pain to US Crude Oil

Glut Adds More Pain to US Crude Oil

Gold Silver Reports — A glut of refined products has worsened the alreadygrim report for US crude oil for the rest of the year and the first half of 2017, traders warned this week, as the spread between nearterm and future delivery prices reached its widest in five months. 

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Gold Rebounded From a Three-Week Low

Gold Rebounded From a Three-Week Low

Gold Silver Reports – Gold rebounded from a three-week low after the European Central Bank said it may add stimulus as needed once it has a clearer picture of the Brexit vote’s economic impact.

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Crude Astrologer Report Bears Till Aug 18

Crude Astrologer Report Bears Till Aug 18

Gold Silver Reports — The man who accurately predicted four market crashes to the exact date recently told Business Insider about his calendar prediction for when oil prices would start to significantly slump again. Sandy Jadeja is a technical analyst at Core Spreads.

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Gold Silver Slip as Dollar Cut Demand

Gold Silver Slip as Dollar Cut Demand

Gold Silver Reports — Gold futures fell to a 3-week low as gains in equities and a stronger dollar curbed demand for the metal as a store of value. Silver extended its longest run of losses in eight months, and shares of miners slid the most since November.

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Gold Miner Says Rally Will Go On

Gold Miner Says Rally Will Go On

Gold Silver Reports — Gold’s rally is set to endure, with the U.S. presidential election seen as the next big catalyst for prices, according to a producer whose shares have almost doubled this year as financial-market turmoil, slowing growth and Britain’s vote for Brexit pumped up bullion.

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