Tag Archives: crude oil lower

Gold Rockets Up on Opening August 8th!

August 8, 2011 – – Monday Opening Prices see Gold Rocketing Upward: Gold jumped to new nominal record levels, rising above $1,700 as investors piled in following the S&P downgrade of U.S. debt. After rising $46 on Friday, gold rose … Continue reading

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Crude Oil – – Drilling for a Low!

Crude Oil prices (nearest futures, West Texas Intermediate Crude, NYMEX) dropped from a high of $115.70/bl on May 2nd, to close at $91.23 on June 24, 2011 or -21.1% in less than 8 weeks. The fundamentals are terrible, with high … Continue reading

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