Gold's at another all-time high today. What else is new! It's the same old, same old as it just keeps slowly moving forth. Both investors and business networks are starting to pump the rally some, […]
Gold Mining News
Copper demand is decelerating said Michael Widmer, metals strategist for Banc of America Securities-Merrill Lynch, but the supply is still constrained. Widmer was interviewed by Bloomberg's Tom Keene on Tuesday. "If you take into account the […]
Gold poked its nose through $1,300 spot a few moments after Comex trading began in New York on Monday morning… and that was all the excitement there was. The gold price closed about six bucks lower than that, […]
Hindsight is always a satisfying exercise, because you have all the facts, you know what happened eventually and you simply have to find the reasoning that is now established by history. Forecasters can be judged […]
A cracking two months has seen Randgold Resources Limited (GOLD) rise to top $100 per share putting in a stunning performance over both the long term and more recently it has certainly come life.
A sizeable and growing resource in the "hot" Deseado Massif region of Santa Cruz where the recent Andean Resources takeover has generated renewed investor focus Veteran management team that have proved up and sold properties (Brancote PLC) […]
The Federal Reserve said two words in its statement last week that should make every gold investor happy: Quantitative Easing. The Fed hinted that we may see additional QE measures as early as November. The […]
Gold's typical autumn strength has been garnering a lot more interest than usual this year. Since its late-July seasonal low 8 weeks ago, this metal has rallied over 11%.
On Friday afternoon gold was Fixed at $1,297, this morning it was Fixed at $1,298.25. Again, we are seeing major buyers with 'limit orders' looking for quantity and not chasing prices, controlling the gold price. […]
Silver ETF SLV hits new high. U.S. Mint stops making 24-K gold buffaloes for 2010. GLD ETF has third withdrawal this week. North and South Korea on the brink of war. Explosive gold and silver […]
As the US dollar, the reserve currency of the world, continues to weaken, the price of gold as well as the relative value of other currencies will continue to increase. Only last week, the price […]
"There is a boundary to men's passions when they act from feelings; but none when they are under the influence of imagination." – Edmund Burke Before I go off on one of my rants, I […]
After a fierce equities rally on Friday, which I figured would happen, just not that strong; I have to wonder if there is some event or major decision in the works we don't know about?
Resistance is futile. Gold is charting into new frontiers. We're now on the road towards $1,500 Gold and $30 silver. Both targets should be reached with this move which should last until perhaps spring.
The question was posed that perhaps gold is only rising because the dollar is falling. While every C-wave has been driven by a collapsing dollar you will see in the next several charts that gold […]
It's been my expectation that gold would manage to rally at least to $1300 before dropping into the now due daily cycle low. We are now ready to test that theory as gold has tagged […]
This week in the precious metals continued their torrid pace to once again post all-time highs. This recent rally has been fueled once again by poor economic data and the growing lack of confidence in […]
"I will put a sell date of 8 to 12 months on this (gold) bull market," says Jon Nadler from Kitco. "Corrections of $100 at a time should come as no surprise to anyone." Jon […]
Ever since the run-up after the FOMC meeting on Tuesday afternoon, the gold price hasn't done much of anything… hanging around just under the magic $1,300 level. Thursday's price action was more of the same. […]
Gold Forecaster – If currencies 'race to the bottom' with competitive weakening, will Gold return to the world of money?
In the last two weeks we have seen the U.S. dollar move from $1.2751 to $1.3450 against the Euro. It has also fallen against the Pound, the Yen and the Swiss Franc. The Japanese government […]
SALT LAKE CITY — SEPT. 22, 2010 — inthinc Technology Solutions Inc., a global company centered on telematics, fleet solutions and driving safety, today announced that Barrick Gold Corporation will invest $16 million to install waySmart™ […]
The US unemployment numbers that came out on the day before last summer long weekend were less bad than expected. Or so the markets indicated until ISM manufacturing data in the afternoon cooled enthusiasm some.
Gold hit $1,300 an ounce due to a durable goods report and a housing report that was not as bad as people feared. New orders for manufactured durable goods in August decreased $2.5 billion or 1.3 percent […]
The gold price has barely moved in Asia overnight, in London this morning and ahead of the opening in New York. It Fixed in London this morning at $1,291.50 after yesterday afternoon's Fix of $1,293.50. […]