Peter Grandich challenges the Tokyo Rose of the gold market
9:30p ET Wednesday, March 3, 2010
Dear Friend of GATA and Gold:
Agoracom market commentator Peter Grandich was delighted today to be sort of bribed by a friend into exposing some classic anti-gold propaganda that was issued in May 2007 by an analyst Sprott Asset Management’s John Embry has called the gold market’s Tokyo Rose. That anti-gold [...]
Breakdown in the Gold Market
February 3, 2010 by goldguru · Leave a Comment
By Jim Willie CB, Golden Jackass
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A great disconnect exists in the gold market between the exchange futures contract price (the paper price) and the gold bullion paid price for transactions (the physical price). The differential in price is growing wider, enough to place tremendous pressure on the gold market itself. Look not to [...]
Gold Market Update
February 1, 2010 by goldguru · Leave a Comment
By Clive Maund, GoldSeek
In this Gold Market update we are going to “cast our net wide” and consider the outlook not just for gold and PM stocks but also the dollar, other commodities and the the broad US stockmarket. The reason for this is that COMMODITY AND STOCKMARKETS ARE AT A CRITICAL JUNCTURE AND MUST REVERSE [...]
The Gold Market Fights Back
November 29, 2009 by goldguru · Leave a Comment
Jeff Nielson submits:
There was some quirky behavior in the gold market – as a consequence of the market-shock from the announcement by Dubai World that it was essentially defaulting on its debt. The first reaction of the gold market was a move up, although gold gave up those gains over the course of trading on [...]
Gold Market Breakdown
November 23, 2009 by goldguru · Leave a Comment
By Jim Willie CB, Golden Jackass
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The rise in gold pre-sages a currency collapse, led by the USDollar. Gold vaults at commodity exchanges in New York and especially London are being drained by delivery demands. Gold demand is skyrocketing, as distrust for the USDollar is broadening and revolt against the US$ is deepening. The [...]
Gold market reaching the breaking point
October 31, 2009 by goldguru · Leave a Comment
By Eric deCarbonnel, Market Skeptics
Gold Market Reaching the Breaking point
Back in January, I wrote about the significance of gold breaking above $1000 again.
Gold
Rising demand for physical gold is a threat to the dollar because it signals a growing loss of confidence in the paper currency. It is also key to understand that gold prices aren’t rising because [...]
Austrian Mint’s Vienna Philharmonic 20 Ounce Gold Coin celebrates a 20 Year Success Story
October 30, 2009 by goldguru · Leave a Comment
Twenty years ago in 1989 the Austrian State Mint passed from the Treasury into the ownership of the central bank. The mint was given the freedom to produce and sell products in accordance with the demands of the modern numismatic and investment markets. One of the very first innovations introduced by the new CEO, Paul [...]
Timing in the gold market is key – Steve Palmer
October 28, 2009 by goldguru · Leave a Comment
Steve Palmer, president and CEO of AlphaNorth Asset Management is expecting the U.S. dollar to rally in the short term and gold to sell off and is forecasting a bit of a pullback in the next month or so followed by another rally before year’s end. Interview with The Gold Report
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Hold That Gold!
October 26, 2009 by goldguru · Leave a Comment
Eric Hommelberg submits:
Since the bull gold market began in 2001, Gold Drivers Report publisher and Bullion Store proprietor Eric Hommelberg argues that gold has significantly outperformed the Dow in terms of valuations, and as he sees it, the bull run will last at least until the middle of the next decade. The rhythm of [...]
Gold May Have More Price Support now Than at any Time Since 1989
October 23, 2009 by goldguru · Leave a Comment
The Daily Reckoning
The central banks of the world are changing tune. Since 1989, the banks have been net sellers of gold reserves, meaning that as a group they have sold more than they have taken in. This is an important point because the large gold sales of central banks tend toward lowering the spot price [...]
