At a time when the economy is weak, earnings growth is slowing and central banks all over the world are printing money, demand for so-called safe havens is outpacing supply. Simply put, there are not a lot of good, low risk places to park money Read more…
NYSE:GLD, NYSE:IAU, NYSE:SGOL
Przemyslaw Radomski: The recent precipitous plunge in precious metals was one of the biggest sell-offs in recent memory. The gold “Flash Crash” even prompted a serious newspaper such as the Financial Times to run a headline stating “Flash Crash Rouses Suspicions of Witchcraft.” Read more…
NYSE:AGOL, NYSE:GLD, NYSE:IAU, NYSE:SGOL, PHYS
Adrian Ash: Was the People’s Bank of China really buying gold at the rate of 1 ounce in every 8 sold worldwide last quarter…? SO THOSE MILITANT crazies known to the mainstream media as “gold bugs” – and to the FBI as subversives – got the headline they’ve been longing for, apparently, last week. Read more…
NYSE:IAU, NYSE:SGOL, NYSE:SLV
Corey Rosenbloom: Similar to what we saw in silver last week, Gold rallied up off a critical support level as seen on the Daily Chart. Read more…
NYSE:AGOL, NYSE:GLD, NYSE:IAU, NYSE:SGOL, PHYS
Dominique de Kevelioc de Bailleul: If those words sounds familiar, that’s because you may have read it somewhere on the Web some time in January of 2011. “Not owning gold is a form of insanity,” Robin Griffiths of Cazenove Capital (believed to be the private broker for the British royal family) told Read more…
NYSE:AGOL, NYSE:GLD, NYSE:IAU, NYSE:SGOL, NYSE:SLV, PHYS
Jordan Roy-Byrne: With Gold’s failure at $1800, it should be obvious that the market is in a protracted consolidation. This is actually similar to 2006-2007 and it is something we wrote about in
a missive in early January. At the time, Gold had bottomed and had the luxury of very strong support nearby.
Read more…
NYSE:AGOL, NYSE:GLD, NYSE:IAU, NYSE:SGOL, PHYS
Jack Barnes: SPDR Gold Trust (NYSEArca:GLD) experienced a major pullback on Leap Day last week, dropping almost exactly 100 points on the day. Read more…
NYSE:GLD, NYSE:IAU, NYSE:SGOL, PHYS
Andrew Snyder: Too many investors are worried about the price of gold. Gold is not an investment. It is an insurance policy. Read more…
NYSE:GLD, NYSE:IAU, NYSE:SGOL
Dominique de Kevelioc de Bailleul: As a post-Lehman solution to the Western world, which suddenly found itself drowning in debt, drags well into year three, speculation of an inevitable endgame to Kondratiev’s Winter of discontent is coming more into focus. Read more…
NYSE:AGQ, NYSE:IAU, NYSE:SGOL, NYSE:SLV, PHYS
Kevin McElroy: It’s bad enough that Greeks are losing their sovereignty. When officials from Germany, Belgium and other north-European states can come in and tell Greeks how to run their government it’s simply wrong. Read more…
NYSE:GLD, NYSE:IAU, NYSE:SGOL, PHYS
Corey Rosenbloom: Let’s take a moment to view the Daily Chart of Gold, paying close attention to this week’s successful test/rally off confluence support which now ‘threatens’ a breakout above the initial resistance target. Read more…
NYSE:GDX, NYSE:GLD, NYSE:IAU, NYSE:SGOL, PHYS
Kerri Shannon: Billionaire hedge-fund manager John Paulson wrote a letter to investors saying now is the time to buy gold, as prices are going to soar this year. Read more…
NYSE:GLD, NYSE:IAU, NYSE:SGOL, PHYS
Jared Cummans: Those looking for a reason to add commodity exposure to their portfolio will find gold’s massive historical return to be heavily persuasive. This precious metal has quickly become one of the few safe haven investments left on the market as investors will typically flock to gold when Read more…
NYSE:GLD, NYSE:IAU, NYSE:SGOL, PHYS
Andrew Snyder: I spoke with some of the top resource investors on the planet this week. When it comes to buying gold, there was a common theme. Do it wisely. Read more…
NYSE:GLD, NYSE:IAU, NYSE:SGOL, NYSE:SLV, PHYS
Peter Krauth: If you really care about your financial future, here’s something you need to know. It’s about a story that received almost zero coverage from the mainstream press. I can’t say that I am surprised. It involves gold. Read more…
NYSE:AGOL, NYSE:GLD, NYSE:SGOL, NYSE:UDN, NYSE:UUP
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