Thursday, July 03, 2008 17:12 PM
Written by Brad Zigler
Independence Day Memories
As you groom your barbeque for the upcoming holiday cookouts, think of the history that will be celebrated in speeches and fireworks displays on July 4, America's 232nd Independence Day.
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Wednesday, July 02, 2008 15:50 PM
Written by Brad Zigler
Oil Guesses Getting Better, Still Off
Pundits and oil analysts were collectively off the mark on this week's big number: crude inventories. Stocks, which had been projected to rise by some 100,000 barrels last week, instead tumbled 2 million barrels to stay below trend line averages.
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Tuesday, July 01, 2008 15:43 PM
Written by Brad Zigler
Hey! We Found Corn!
The classic good news/bad news story played itself out Monday in the CBOT corn pit. Digesting the Agriculture Department's latest quarterly acreage report, corn futures gapped lower into limit-down territory, below $7.25 a bushel.
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Monday, June 30, 2008 11:42 AM
Written by Brad Zigler
Why Bother With GLD Options?
In late May, we ran a column announcing the debut of option trading on the
SPDR Gold Shares (NYSE Arca: GLD) grantor trust (see "
Options for Options"). Since then, we've received a fair amount of comment on gold ETF option trading, ranging from "So what?" to "That's crazy!"
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Friday, June 27, 2008 17:02 PM
Written by Brad Zigler
Golden Handcuffs Broken?
Has gold finally pulled out of its stall? Well, things certainly improved for gold bulls Thursday. A look at the August COMEX gold chart shows a gap-up trading session that promised a breakout from June's doldrums. The contract finished at $915.10 an ounce yesterday, up nearly $33. SPDR Gold Shares (NYSE Arca: GLD), an exchange-traded grantor trust holding gold bullion, finished the day up $3.19 per share, or 3.6%.
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