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Most Americans are familiar with the most famous line in Franklin Delano Roosevelt’s first inaugural address during in the depths of the Great Depression in 1933: “The only thing we have to fear is Read more…
Jared Cummans: Gold investing has been a popular choice for quite some time now. This elusive commodity has a long list on functional uses, including its abilities to act as an inflation hedge and the fact that it is often sought out as a safe haven in times of market turmoil. The popularity of this precious metal Read more…
Richard Rittorno: The absence of significant news on the U.S. monetary policy front has left gold to take direction from the trajectory of the U.S. dollar.
Traders are weighing their safe haven positions and vice versa in front of Europe’s “grand plan.” Read more…
Russ Koesterich: In recent weeks, a number of market watchers and media headlines have declared that the gold “bubble is finally bursting” and the “gold rally is over.” I disagree. Read more…
Now that gold has pulled sharply off it’s highs, while remaining strong for the year, “buying opportunity versus bubble” is pretty much the only debate taking place in the precious metal space these days. The conversation is all gold, all the time Read more…
Gold is at a bargain – at least that’s what technical analysts are saying. The techies described the recent 20-percent dip in gold prices as a bump in an otherwise long bull road for gold… and the charts support this claim. The chart below is for the SPDR Gold Trust (NYSE:GLD). It shows a very strong upward trend for gold, and the recent sell-off just touched its upward Read more…
Michael Johnston: Few asset classes have delivered more impressive performances over the last several years than gold; investors seeking safe havens–or perhaps just fiat currency alternatives–have flocked to the yellow metal in droves in recent past, pushing asset prices sharply higher. And, not surprisingly Read more…
NYSE:AGOL, NYSE:FSG, NYSE:GDX, NYSE:GLD, NYSE:IAU, NYSE:SGOL, NYSE:SPGH, NYSE:TBAR
ETF Securities USA LLC (ETFS) today announced that the total assets under management (AUM) of its U.S.-listed products is now $4.7 billion, which represents 15% of the firm’s new total of roughly $31 billion in AUM worldwide as at the end of August 2011. Read more…
Gold exchange-traded funds have become very famous instruments. Big-wig investors such as John Paulson, George Soros and Eric Mindich have all invested large capital in SPDR Gold Trust ETF (NYSE:GLD). But these instruments are still relatively new, as is their effects on the physical gold market. The first gold-backed ETF appeared on the Australian Stock Exchange in 2003. In 2004, the SPDR Gold Trust ETF debuted on the New Read more…
JW Jones & Chris Vermeulen: Now that Mr. Bernanke’s speech is old news, what was the financial media thinking exactly? A significant number of financial writers have been anticipating discussion of QE III or QE III Lite which clearly were never even on the Fed Chief’s radar this week. Read more…
Tyler Craig: This week gold junkies learned a lesson of the inevitable. Trends that turn parabolic are simply unsustainable. Nothing, not even gold, can defy gravity indefinitely. While picking the top of a steep uptrend is frustratingly difficult, it is not difficult to anticipate the correction will be steep Read more…
Tim Seymour: For all you gold bears out there, here are a few numbers to digest from an emerging markets perspective. Read more…
After a three day rally from 1100 to about 1200, S%P Futures are opening down about 15 handles this morning. The catalyst for the selling is disappointing Eurozone growth data emanating from Germany, triggering further fears about a sputtering global economy. Germany’s DAX 30 Index has shed 2.5% after revelations that Germany’s expanded by only 0.1% in the second quarter, down from 1.3% in the first quarter. German Read more…
NYSE:AGOL, NYSE:GLD, NYSE:IAU, NYSE:SGOL, NYSE:SPY, QQQ, QQQQ
I sent out a chart on August 10th with different set ups for buying Gold/(NYSE:GLD). We do use a tier system- this way we can scale in and scale out of potential trades. In last e-mail I sent out on August 10th was when Gold was on its highs. The GLD’s were extending into the $175 area. We did state in that note, that it’s not the time to chase, but you can sell into some excitement if you were in a tier 2 or 3 while maintaining a position Read more…
Christopher Henwood mines the issue of cashing in on gold with Will Rhind, Managing Director at 
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