Cookie Jar Profits: Gold makes its move while nobody looks
Gold has jumped in value over the last few sessions, handing savvy traders some strong gains. When the bulls are in charge, most investors ignore the shiny metal. But now may be the best time to buy. By Andrew Snyder, TodaysFinancialNews.com Baltimore – (TFN): The bulls are back in town once again. Even the news Bank [...]Gold: The latest cure for cancer
March 23, 2009 · Filed Under Gold and Resources · Comment
There is word of a new use for gold, curing folks from cancer. Scientists tell us the research is promising and lives could be saved, but is this the news gold bugs have been praying for?
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): Just in case the ever-growing threat of rampant inflation is not enough to [...]
The gold debate heats up
December 15, 2008 · Filed Under Gold and Resources · Comment
Gold investors are bidding up the value of the precious metal. As the dollar shows weakness and interest rates drop, gold’s demand is on the rise. The question is, how long will bulls remain in charge? The bears are already sharpening their claws.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): The old saying that cash is [...]
The gold dichotomy: Demand rises, prices fall
November 19, 2008 · Filed Under Gold and Resources · Comment
There are a lot of forces impacting the gold market, yet prices are barely moving. Demand is soaring, but prices are dropping. What gives?
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): It is an interesting time for gold investors. On one hand, gold prices should be soaring as investors flee to the precious metal for security. On [...]
Gold prices set for further steep declines
October 24, 2008 · Filed Under Gold and Resources · Comment
There is nothing left that could keep gold from sliding further. Applying the oil-to-gold ratio, the gold investor’s favorite tool in a precious metals bull market, every dollar shed by crude oil translates into a loss of $7.50 per once of bullion.
by J. Christoph Amberger
Baltimore — (TFN): Emerging markets plummeted this morning. So did all [...]
Gold price shocker: Oil-to-gold ratio now puts gold price at $550!
October 22, 2008 · Filed Under Gold and Resources · 1 Comment
“Oil at $50… Gold at $500: This Crisis will affect ALL asset classes!” — Here’s how to protect your portfolio… and double or even triple your money in the coming, merciless commodities sell-off!
by J. Christoph Amberger
Baltimore — (TFN): Markets are crashing… stocks are dropping like lead… safe-haven currencies are melting down… and investors are piling [...]
Operation Meltdown, Part II: Hoarding for War, Vaulting for Victory
September 8, 2008 · Filed Under Gold and Resources · Comment
“Governments and their central bank agencies set the price — and thus value — of what we now use to buy and sell, invest and spend. And since this control over money rests with politicians and bureaucrats, it’s worth noting how the surge in nationalized gold reserves coincided precisely with the surge in nationalist politics, [...]
Gold prices continue to fall
August 19, 2008 · Filed Under Gold and Resources · Comment
After a short-lived breather, gold continues to sell off. So does crude oil, platinum, the euro.
by J. Christoph Amberger
Baltimore — (TFN): If goldbugs breathed a sigh of relief at gold’s close at $805 on Monday, they were premature. As the dollar rose despite news of increased wholesale inflation, gold, oil, and the euro continued [...]
The Speculative Downside of Gold
We may shortly be at the beginning of Jimmy Carter’s second presidency. After “windfall taxes” have made a populist return, will we see 14% inflation and record gold prices again? Click here to view… Read moreGold prices close below $800 — and a bad deal on the Krügerrand 2008
August 15, 2008 · Filed Under News that Matters · Comment
Gold prices closed the week at $792 — just in time to make the recent Krügerrand 2008 promotion a really bad deal!
by J. Christoph Amberger
Baltimore — (TFN): Gold futures crashed and burned on Friday, closing below $800 an ounce for the first time in 2008. Gold for December delivery closed at $792.10 an ounce, [...]
A new high for gold prices?
August 13, 2008 · Filed Under Gold and Resources · Comment
“In typical fashion, gold and silver have not been playing to the script. A war breaks out between Russia and Georgia. You’d expect gold to rise. But the opposite happens: we get one of the most violent sell-offs in recent memory.” — Dominic Frisby
Blogger’s note: Gold prices have fallen through the floor this week. And [...]
Gold bubble continues to deflate
August 12, 2008 · Filed Under Gold and Resources · Comment
The gold bubble is continuing to deflate, right alongside the oil and euro bubble. Just how far? Jon Nadler provides perspective.
by Jon Nadler, Kitco.com
Baltimore — (TFN): Showing no signs that it has found a near-term bottom, gold continued to lose ground in overnight trading and erased its year-to-date gains, plunging to $801.90 per ounce and [...]
Demand destruction for gold?
August 11, 2008 · Filed Under Gold and Resources · Comment
Is demand destruction applicable to gold and silver? The big question now is how far both will fall. Gold was trading at around $660 an ounce a year ago and silver was at $11 an ounce. If they retrace and revert to the mean we could see these prices again relatively soon.
by J. Christoph Amberger
Baltimore [...]
Gold price plunge: Indian gold buyers on the sidelines, waiting for better prices
August 10, 2008 · Filed Under Gold and Resources · Comment
Plunging gold prices have the famed “Indian gld buyers” waiting on the sidelines, waiting for further drops.
by J. Christoph Amberger
Baltimore — (TFN):The currency exchange rate of the euro agains the dollar plunged below $1.50 in Asian trading this morning. Experts are now predicting a rate of $1.46 this week. If this comes to pass, gold [...]
Crude oil and gold prices plummet: This is the time to get cautious about Dollar Bears and Hard Money bulls
August 8, 2008 · Filed Under Oil and Energy · Comment
Crude oil prices have dropped below $115. Gold is down $130 in less than two weeks. For dollar bears and goldbugs, this is th time to exercise caution!
by J. Christoph Amberger
Baltimore — (TFN): “Bad news from the Baku-Tbilisi-Ceyhan pipeline - an installation that may not normally draw much of your attention,” writes Martin Vander Weyer [...]
Gold Price Plunges: You might as well hold stocks
August 5, 2008 · Filed Under Gold and Resources · 1 Comment
Gold is behaving just like the speculative commodity it is. Just like oil — whose realistic and immediate upside is $150, $200, $500, depending on who you ask and which plummeted $30 in the last two weeks — gold is hitting the skids right now: Today, gold for December delivery fell to $895.50, down $12.40.
by [...]
Outlook for gold: A TFN Smart Trading Video
Even with declining oil prices, gold prices seem to be holding steady. But will it last? Juan Munoz gives Smart Trading viewers his take. Watch the video now. Read moreGold’s Next Rally Is Coming Soon
July 30, 2008 · Filed Under Gold and Resources · Comment
“Sometimes, however, there is a delayed reaction in gold, which happens more often than efficient market theorists would like to admit. Gold’s fundamentals are still bullish.” — Ed Bugos
by Ed Bugos
Baltimore and Vancouver, British Columbia — (TFN): Last week we saw a bounce in the stock market that threatened to send gold prices down to [...]
Gold Prices Peak, and Junior Mining Profits
July 2, 2008 · Filed Under Gold and Resources · Comment
“The juniors are set up to throw quite a party. Think back to your most memorable high school ‘extra curricular activity’ and let’s get ready for a replay. Toss in financial rewards as a bonus.” — Russell McDougal
Blogger’s note: Gold prices have stabilized in the last couple of months. But just like [...]
Gold Prices Set to Rally Again
June 27, 2008 · Filed Under Gold and Resources · Comment
“While corn, soybeans, oil and other commodities were making either fresh contracts or all-time highs on a daily basis, precious metals simply consolidated.” — Nick Jones, Whiskey & Gunpowder
by Nick Jones
Baltimore and Minneapolis — (TFN): Precious metals have taken the back seat in the recent rally in commodities. While corn, soybeans, oil and other [...]