Terry Coxon: The gold standard, under which any holder of paper dollars could redeem them for gold at the US Treasury, is now within the living memory of just a few million Americans, nearly all of whom would be dangerous behind the wheel. But thanks to the money printing Read more…
NYSE:DZZ, NYSE:GLD, NYSE:IAU, PHYS
Thomas Carreno: The gold price is in potentially serious trouble longer term. I called the bull market in gold way back in 2003 after it was still getting its ‘sea legs’. Read more…
NYSE:DZZ, NYSE:GLD, NYSE:IAU, PHYS
Peter Krauth: Greece is frozen in a political stalemate. Youth unemployment is running at over 50%. And there has been a $1 billion run on Greek banks. Read more…
NYSE:DZZ, NYSE:GDXJ, NYSE:GLD, NYSE:IAU, NYSE:SLV, PHYS
John Townsend: It feels almost ridiculous and nearly irresponsible for me to suggest that gold will fall to below $1430. Personally, I think it has fallen way too much already. In a very short period of time the value of my holdings in mining stocks have been cut in half Read more…
NYSE:DZZ, NYSE:GLD, NYSE:IAU, PHYS
Stocks posted strong gains on Monday, but on light trade. All the major indices closed higher on the day. The Nasdaq led the advance, as it tacked on an impressive 2.4%. The S&P MidCap 400 and the small-cap Russell 2000 gained 2.2% and 2.3% respectively. Read more…
NYSE:DZZ, NYSE:EUO, NYSE:FAZ
Stocks were hit hard for a fifth consecutive day on Friday on a big spike in trade. Friday ended the worst week of the year for the market. For the day, both the Nasdaq and the S&P MidCap 400 slumped 1.2%, while the small-cap Russell 2000 dropped 1.0%. Read more…
NYSE:DZZ, NYSE:EUO
Money Morning: Gold prices are still far from last year’s record $1,920.30 an ounce. Given the economic volatility in 2011, last year was a banner year for gold prices. Read more…
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Dominique de Kevelioc de Bailleul: On the day GoldCore reports George Soros’ nearly quadrupled his holdings of the SPDR Gold Trust (NYSEARCA:GLD) in his latest SEC filing, Yahoo posts a front page article titled Read more…
NYSE:AGQ, NYSE:DZZ, NYSE:GLD, NYSE:IAU, NYSE:SLV, PHYS
Christian Magoon: Gold is getting hammered – first by the crushed hopes for QE3 in late February and now by the EU debt crisis and weakening economies within India and China. These factors combined this week to push traditional gold ETFs into negative territory for 2012. Read more…
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Dominique de Kevelioc de Bailleul: Reminiscent of the gloom and doom articles of October 2008 regarding the gold price, a sudden spate of anti-gold propaganda and short-term bearish calls for the yellow metal have hit the web. Read more…
NYSE:AGQ, NYSE:DZZ, NYSE:GLD, NYSE:IAU, NYSE:SLV
Christian Magoon: In what appears to be a bearish signal for gold ETF fund investors, a recent survey of Americans shows the conviction level in gold as the best long term investment has slipped. Read more…
NYSE:DZZ, NYSE:GLD, NYSE:IAU, PHYS
Keith Fitz-Gerald: Gold’s hot. Then it’s not. Now what? Where did the love for the shiny metal go? Now the gold bugs are crying, and the “I told you so crowd” is warming up in the wings. Read more…
NYSE:DZZ, NYSE:GLD, NYSE:IAU, NYSE:UGL
Corey Rosenbloom: One of the big headlines of today was the sharp decline and breakdown under chart-based support in Gold. Read more…
NYSE:DZZ, NYSE:GDX, NYSE:GLD, NYSE:IAU, NYSE:UGL
Adrian Ash: Last time gold fell for 3 months running was March 2001. And so…? IT HAD BECOME so rare, you could take its absence for granted to buy gold on the cheap. Read more…
NYSE:DZZ, NYSE:GLD, NYSE:IAU, NYSE:UGL
Our own John Butler of Atom Capital/Amphora Commodities Alpha Fund, talks about his book, The Golden Revolution, and his belief that we may see some countries adopt a kind of gold standard by next year. Read more…
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