The gold price ball is firmly in the London court, where gold Fixed this morning at $1,178 two Dollars less than in Asia. Thereafter, it drifted down three Dollars before trying to climb back through […]
Gold Mining News
The drop in gold prices during July is merely part of a correction in a very strong bull market
During July, the price of gold fell 5 percent trading as low as $1156/oz on July 28. This price drop in July is the first monthly decline since March, and gold has fallen 6.5 percent […]
Weekend Report
I expect, barring some kind a catastrophe, next week should be another good week for the market. The recent minor pullback has worked off the short term overbought conditions and in the process formed a […]
HeadFaked
I need a vacation like I need my morning coffee. The never ending barrage of lies, fudged numbers and attacks on gold are wearing me down. Along with the long hours. This weeks letter will […]
Ian Gordon: A Cyclical Case for Gold Stocks
Source: Brian Sylvester of The Gold Report 07/30/2010 http://www.theaureport.com/cs/user/print/na/6952 "We're not going into a double dip. We're going into a depression. I'm convinced of that," claims renowned Market Forecaster Ian Gordon. Using his sharpest tools, […]
Resiliency and Volatility Reign…
This week the December Globex market covered a $39.10 range as global investors waffle over the world economic climate. During this week it became apparent that the gold market had crept into technical over-sold status […]
Gold's on the Cusp of a Parabolic Move Up: John Embry
The gold price had another relatively quiet trading day on Thursday. The price didn't do much until shortly after the lunch hour had begun in London… and from there it got sold off to its […]
Gold Forecaster – Why more Quantitative Easing can’t be avoided and will threaten the developed world and the U.S. Dollar
The U.S. economy can, at best, be described as in an “L”-shaped recovery. It is anemic, faced with unyieldingly high unemployment and overburdened with debt, but worst of all, the average consumer that has little […]
Gold and Silver's Daily Review for 30th July 2010
Gold was ‘Fixed’ this morning in London at $1,168 after gold traded slightly higher both before and after the London Fix with two banks buying, two neutral and one bank selling. We have seen support […]
December Gold Settles $8.80 Higher …($1168.00)
Today's Gold trade covered a sluggish $10.40 range. It appeared that many traders were side-lined after the Initial Jobless Claims (457,000 better than the 460,000 that was projected) as traders positioned themselves for the upcoming […]
Fortune Minerals Announces Successful Production of 99.99% Bismuth Ingot
July 29,2010 — LONDON, ON (Source: CNW) — Fortune Minerals Limited (TSX-FT) ("Fortune" or the "Company") is pleased to announce that it has successfully demonstrated the production of 99.99% bismuth ingot (metal) from its 100% owned […]
Slicing the Salami
Compared to Tuesday, the gold action everywhere on Planet Earth yesterday was basically a non-event. However, it's important to note that the bullion banks were able to force a bit more tech long selling, as […]
Gold and Silver's Daily Review for 29th July 2010
Gold was 'Fixed' this morning in London at $1,166 steadying after yesterday's fall. Physical demand is holding the price up. All markets are currently looking for a clear direction. Until this is found we expect […]
Jul 29th- Is Market Topping Again?
Here at TMTF, I enjoy making controversial calls based on Human Behavioral topping and bottoming patterns, often referred to as Elliott Wave Theory. This is a difficult pattern recognition model to follow as there can […]
Gold – The battle is already won
This morning's email from gold general Jim Sinclair – under siege yet again from the troops in the "community" – prompts this morning's post. Mr. Sinclair often writes with a war mentality pitting the gold […]
Agnico-Eagle Mines Limited: Record Quarterly Revenue
The general consensus for the quarterly income for Agnico-Eagle Mines Limited (AEM) was in the order of $0.40 per share, however, news just out has the figure higher at $0.64 per share for the second […]
With the new Financial Regulatory Reform Bill in the USA now in place, and with strong fundamentals, price of silver should increase substantially.
In a recent report from the VM Group, the consultancy expects prices of silver to remain firm and possibly advance going into Q4. The report mentions that Chinese imports of silver, have risen year-on-year in […]
Financials, Oil & Gold on the Move
Most traders I have been talking with are feeling the same thing. Something big is brewing for the equities market but most do not want to get heavily involved until there is a clear direction. […]
One of the Best Gold Watchers
Pierre Lassonde is one of the smartest people in the gold world, and he has the track record to prove it. He’s a former president of Newmont Mining, the world’s largest gold producer, and was […]
Gold Closes $2.40 Higher… ($1160.40)
Today's Gold trade covered a very lack luster $9.40 range as traders may have been side-lined while they await tomorrows Initial Jobless Claims and Export Sales data.
JPMorgan et al Pull the Pin
Tuesday's high price of around $1,187 spot was set early in the London trading session… and by the time that JPMorgan et al began to trade on the Comex in New York, gold was only down […]
Countdown to Gold's $1300 Assault
We remain convinced that gold has yet to make its high for the year, and expect an assault on $1300 to begin in about a month from now. Despite our bullishness, we are not convinced […]
The Strength of Reaction and Precious Implications
This essay is based on the Premium Update posted on July 27th, 2010 In our previous essay entitled Dollar's Never-Ending Plunge and Its Golden Consequence we have analyzed the current situation in the USD Index and its […]
Countdown to Gold's $1300 Assault
We remain convinced that gold has yet to make its high for the year, and expect an assault on $1300 to begin in about a month from now. Despite our bullishness, we are not convinced […]
Gold and Silver's Daily Review for 28th July 2010
Gold was 'Fixed' this morning in London at $1,164 down $20 after yesterday afternoon's short selling in New York. The gold price has held in Asia and London and New York so far has only […]
