Filed in: Gold
“I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up...
Tim Iacono
Here’s another gold chart that is sure to get under the skin of investment advisers who have refused to add a little of the yellow metal to their clients’ portfolios during its 11-year run that, based on the month of January, looks to be headed for number 12.
From the World Gold Council’s latest commentary on gold as an investment...
Filed in: Gold
Gold Stock Trades
The end of 2011 and the beginning of 2012 greeted investors with spooky market stories to scare investors. A prominent cartoon in the Wall St. Journal depicted a pretty lady shrieking, “The DOW Sank 17%”. Another balloon read “The US Loses Its AAA Rating”. She is screaming, “Who Will Fix Europe?”. Another caption reads,...
Filed in: Gold
Over the past five months gold has fallen sharply and is no longer headline news which it once dominated back in 2011 when it was making new highs every day. The shiny metal has been under pressure because traders and investors started to pull some money off the table to lock in gains. Gold prices had surged so fast most advanced traders knew that final...
Filed in: Gold
Tim Iacono
Now, here are few data series that I’ve never seen on the same chart before – U.S. debt, the debt ceiling (just for fun, apparently), and the price of gold. This is from a presentation yesterday by Nick Barisheff, President & CEO of Bullion Management Group, at the 2012 Empire Club of Canada Investment Outlook Luncheon.
Perhaps today,...
Filed in: Gold
by The Mad Hedge Fund Trader
I am constantly barraged with emails from gold bugs who passionately argue that their beloved metal is trading at a tiny fraction of its true value, and that the barbaric relic is really worth $5,000, $10,000, or even $50,000 an ounce (GLD). They claim the move in the yellow metal we are seeing is only the beginning of...
Filed in: Gold
By Eric McWhinnie
On Thursday, Italy sold 7.02 billion euros of longer-dated bonds in the country’s final debt sale of the year. Although the yield on the 10-year bond decreased to 6.98 percent from November’s 7.56 percent, there is still plenty of concern weighing on the euro. The struggling euro has given a boost to the U.S. dollar, which...
Filed in: Gold
The past few months have been tough for those holding precious metals stocks, PM futures contracts or physical bullion. With silver is trading down 41%, precious metals stocks down 30% and gold 15%. It has people scratching their head.
The question everyone keeps asking is when can I buy gold and silver?
Unfortunately that is not a simple answer. With...
Filed in: Gold
By Jeff Clark, Casey Research
It wasn’t a fun week for gold. By the close on Friday, the metal was down 6.7% (based on London PM fix prices), the biggest weekly decline since September. It got downright irritating when the mainstream media seemingly rejoiced at gold’s decline. Economist Nouriel Roubini poked fun at gold bugs in a Tweet....
Filed in: Gold
By Eric McWhinnie
Red has been the color of choice for gold and silver this week. On Wednesday, gold fell below $1,600 to close at its lowest level since September. Meanwhile, silver fell below its $30 support level. Although many were quick to declare the bull market in precious metals dead, many investors questioned the call, because the long-term...
Filed in: Gold
I know that during a correction of the magnitude we are seeing right now it seems more like the gold bull is dead than on the verge of moving into what I expect will be one of the greatest parabolic moves in history.
However, all of the conditions necessary to launch the bubble phase are now in place. Gold is in the process of putting in an intermediate...
Filed in: Gold
By Louis James, Casey Research
We have reported on changes in global gold demand, from booming investment demand in Asia to European and US debt concerns that have re-solidified gold’s long tenure as the ultimate safe-haven asset for turbulent times. In fact, with investment demand from private and institutional buyers continuing to grow and...
Filed in: Gold
Willem Weytjens
www.profitimes.com
I guess a lot of people wet their pants last night, as gold was down over 4% at some point. The chart incurred technical damage over the short term, and if current support fails to hold, gold could be headed for about $1,440 (or the equivalent of $140 GLD), as we will discuss later on.
Let’s first have a...
Filed in: Gold
Well, you knew this wasn’t going to last forever and, as a few shrewd analysts have boldly proclaimed in recent days, it seems clear that the decade-long bull market in gold is now finally over.
A big price run-up to almost unthinkable new highs in a relatively short period of time and then panic selling when investors realize that there are no...
Filed in: Gold
It’s that time of year again and I’m not talking about the holiday season… What I am talking about is another major market correction which has been starting to unfold over the past couple weeks.
I have a much different outlook on the markets than everyone else and likely you as well. However, before you stop reading what I have to say hear me...
Filed in: Gold



