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Silver and Gold Rally, But Still Aren’t in the “Mainstream”
When I came in and turned on the currency screens, this morning, I saw that the Aussie dollar (AUD) has fallen about 1-cent overnight.
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When I came in and turned on the currency screens, this morning, I saw that the Aussie dollar (AUD) has fallen about 1-cent overnight.
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Whoever said CNBC does not have good content – the biased station’s European division actually has some very informed and interesting guests. Of particular note is yesterday’s interview with Cazenove’s technical strategist Robin Griffiths. And while the chartist tends to not be too happy with the recent stock market action (who is), the most notable … Continue reading
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2011 is sure to be a critical year for gold with several analysts predicting an end of the bull market.
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Gold blasted through $1380 early this morning! Your gold bullion pile, marked to paper currency model, just rose by approx. 1.5% in value from the $1360 area lows.
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he Jobs Jamboree on Friday didn’t turn out to be as robust as the “experts” forecast, as jobs created totaled 103,000 far less than the 170,000 that was forecast
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Wall Street has been calling gold a bubble since 2005 when it hit $500. Some media naysayers remained negative even as they wrote the headlines proclaiming record highs and saw gold rise almost 30 percent in the past 12 months.
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While all eyes this morning will be on the U.S. employment numbers, investors are looking at the wrong job numbers.
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Most of the news out there is getting better, but the stock market’s been taking a bit of a rest and that’s good.
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More and more economists, analysts and financial writers, 122 in fact, have taken the bold step of projecting the price at which gold will achieve its parabolic peak
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Yesterday I came across a clip from one of the business channels. The discussion was about “king dollar” and Gold. (The king dollar probably gives it away). Anyway, one of the guests quipped, “I’m on record that Gold is a dumb trade. It is rising based on fear and confusion and when that subsides, the … Continue reading