What the “Man Who Made Too Much” Says About Gold
Andrew Snyder of Today’s Financial News discusses the significance of India’s recent massive Gold purchase.
Jim Rogers debunks Nouriel Roubini’s claim that investors are borrowing dollars to buy stocks and its causing a commodity bubble.
Mark Hulbert looks at his proprietary sentiment indicator for Gold. It is telling him that the gold timers have grown fairly bullish recently.
NEW YORK (MarketWatch) — Gold futures surged to record highs above $1,090 an ounce Wednesday as the dollar sold off and buyers piled onto the precious metal’s recent rise amid bets the Federal Reserve would maintain its ultraloose monetary policy.
Gold’s price has quadrupled since 2000, yet this is just the beginning of a historic rise. Seven major forces are set to push gold past $2,500 – and we’re not talking about the tired old inflation story…
Market Folly (via SeekingAlpha) breaks down the recent client letter from Paul Tudor Jones. He is bullish on Gold and believes it is undervalued.
The price spike in gold has all the hallmarks of a bubble, says Graham Bentley of Skandia UK
Gold may rise to a record $2,000 an ounce in the next three years as investors hedge against “massive” inflation sparked by governments printing money, according to Superfund Financial Singapore Pte’s Aaron Smith.
The US Federal Reserve continues to talk about their urgent Exit Strategy. My theory is they will be doing mostly talking and almost no doing. The nations that talk the least will be hiking interest rates the most, like Australia.