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Given that gold has hit our target of $1800 we feel it is appropriate to review our outlook on the gold market, the state of key factors that influence gold prices and possible trading strategies going

Suffocated by staggering unemployment and economic woes, many mining jurisdictions around the world are finding the nearly $1,800/ounce gold too good to pass up.

Whether out of fear or love, everyone is running to gold, says Frank Holmes, head of investment firm U.S. Global Investors.

I’m glad to see some more gold analysts speaking about gold revaluation. Unfortunately, most of them speak of revaluation as a solution to the crisis. That idea qualifies as… error of the century.

You have probably read it many times the last couple of days: People are rushing into safe havens such as Gold, the Swiss Franc and the Japanese Yen. When the mass is doing something, we pay attention. We get cautious.

The supply of silver not being used for coinage increased – European Nations had just gone from a silver to a gold standard, the US was no longer coining silver dollars and these two factors, when coupled with massive new silver discoveries in the American west, caused the price of silver to collapse.

Please have a look at the next charts, that show us what happened after a silver Parabola burst.

Here is some important news from this week…. The Swiss National Bank is intervening in the currency market. Gold News reports: The Swiss National Bank recently announced that they will lower their target rate’s range to 0%-0.25% and flood money markets with Swiss francs, more than doubling bank’s sight deposits, in order to drive down … Continue reading

Weekly Gold Review

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Throughout our history, some elements, much more than others, have advanced technologies and driven our economic growth – from wood to coal and then to burning oil to produce steam stands out as a recent example.