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Author Topic: Crude Falls; Silver, Gold Drop; Rice Gains: Commodities at Close Back to Topics
WxVette

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Omaha

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Message Posted: Apr 3, 2013 8:11:57 AM

The Standard & Poor’s GSCI gauge of 24 commodities fell 0.3 percent to 650.05 at 4:51 p.m. Singapore time. The UBS Bloomberg CMCI index of 26 raw materials dropped 0.3 percent to 1,521.723.

CRUDE OIL
West Texas Intermediate fell for the second time in three days after an industry report showed U.S. crude stockpiles increased the most in four weeks and a government order prevented the restart of a pipeline to the Texas Gulf Coast.

WTI for May delivery declined as much as 68 cents to $96.51 a barrel in electronic trading on the New York Mercantile Exchange and was at $96.62 at 3:18 p.m. Singapore time. The volume of all futures traded was 1.7 percent below the 100-day average. The contract settled at $97.19 yesterday, the highest since March 28. Futures have traded between $90 and
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07skydriver
Champion Author Ohio

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Message Posted: Apr 3, 2013 9:25:25 PM

Yikes!!!
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Bttlecat
Champion Author Oklahoma City

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Message Posted: Apr 3, 2013 10:38:48 AM

can't get low enough, fast enough
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matman01
Champion Author Detroit

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Message Posted: Apr 3, 2013 9:49:09 AM

I hope the speculators get burned by falling prices.
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Night Owl
Champion Author Toronto

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Message Posted: Apr 3, 2013 9:46:00 AM

Keep falling.
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investmentdr
Champion Author Cleveland

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Message Posted: Apr 3, 2013 9:33:49 AM

down even more today
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investmentdr
Champion Author Cleveland

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Message Posted: Apr 3, 2013 9:31:51 AM

falling is good
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flnobody
Champion Author Florida

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Message Posted: Apr 3, 2013 9:00:55 AM

®¿®
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merlinCO
Champion Author Colorado

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Message Posted: Apr 3, 2013 8:54:36 AM

Does this mean the sky is falling?
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BigRedVTX
Champion Author Georgia

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Message Posted: Apr 3, 2013 8:49:22 AM

While the movement of most subatomic particles is extremely predictable, there are those "wild cards" that are not.
If the market were a particle, it would be a wild card particle.
Now if we could just figure a way to get the market into the "normal" listing for elements, we could begin
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Zuegma
Champion Author Nova Scotia

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Message Posted: Apr 3, 2013 8:42:28 AM

Market movements remind me the quasi random motion of subatomic particles except that the logic behind the displacement and direction of motion does follow predictable outcomes.
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BigKart
Champion Author Indianapolis

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Message Posted: Apr 3, 2013 8:39:49 AM

With EU trouble, I'm surprised that gold isn't rising.
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Goatroper
Champion Author Dallas

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Message Posted: Apr 3, 2013 8:39:48 AM

Speculation adds to the cost of almost everything you consume
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lcleveland
Champion Author San Antonio

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Message Posted: Apr 3, 2013 8:37:04 AM

still the same ,,, not falling
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Sanpoil
Champion Author Spokane

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Message Posted: Apr 3, 2013 8:35:04 AM

Good
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Evilmaddog
Champion Author British Columbia

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Message Posted: Apr 3, 2013 8:34:43 AM

$$$$$$$$$$ inflation
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jovien
Veteran Author Virginia

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Message Posted: Apr 3, 2013 8:26:46 AM

and yet prices are going up again ...
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LanguageMan1
Champion Author Tampa

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Message Posted: Apr 3, 2013 8:20:34 AM

Hopefully it will all fall a bit.
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Rappcommuter
All-Star Author Virginia

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Message Posted: Apr 3, 2013 8:19:39 AM

One can only hope that with the stock market moving up the speculators will take their money out of the commodities market and let oil drop back down to realistic prices.
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newdan
Champion Author South Carolina

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Message Posted: Apr 3, 2013 8:14:54 AM

oil prices fall but gas stays up
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