Tag: gold

The Stock Market and the Dollar Sustain the Bullish Environment for Precious Metals

The Stock Market and the Dollar Sustain the Bullish Environment for Precious Metals

This week marked the Year of the Dragon in the Chinese calendar, and according to Chinese mythology, Dragon years bring powerful changes and optimism representing imperial power, prosperity and good luck. This year is supposed to be even more auspicious since it’s a Water Dragon year, something that occurs once every 60 years. We admit that we don’t yet use the Chinese Horoscope as a technical indicator, and who knows, perhaps we should. One thing is certain—the Year of the Dragon began with an auspicious move for precious metals. The dragon that breathed fire into precious metals prices was the Federal Reserve which announced this week that it is planning […]

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Gerald Celente: War, Bank Runs, Riots & Gold Going Mainstream

With news from the Fed causing tremendous upside action in gold this week, and reports coming in from Los Angeles describing a massive military exercise in the streets of Los Angeles, today King World News interviewed Gerald Celente, Founder of Trends Research and the man many consider to be the top trends forecaster in the world. Celente had this to say about the Fed announcement and subsequent press conference: “You can see what’s happened to gold prices and how they’ve spiked up. There’s no way out and it’s not only the Federal Reserve, it’s also the European Monetary Union. Look at the games they are playing. We just saw, at […]

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Is It Time to Get into Gold Junior Mining Plays?

Philip Ker, a mining analyst for Canada-based Union Securities Ltd., says while current market conditions are affecting the junior mining space, they are also helping investors to identify low-risk opportunities and projects that may provide future value growth. In this exclusive interview for The Gold Report, Ker discusses how the industry will need to continue to see positive news, especially from senior and midtier producers, which should trickle down to the juniors. COMPANIES MENTIONED: CURIS RESOURCES LTD. – EXCELSIOR MINING CORP. – GEOLOGIX EXPLORATIONS INC. – KISKA METALS CORP. – KOOTENAY GOLD INC. – NORTHERN GRAPHITE CORPORATION – RIVERSTONE RESOURCES INC. –TIMMINS GOLD CORP. The Gold Report: Philip, welcome. In a recent Union Securities research report, you wrote, “Despite […]

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Money Flowing back into Commodities

Money Flowing back into Commodities

Note the CCI chart and the nearly vertical lift over the last week. Money is pouring back into RISK ASSETS as the Dollar heads lower and the Fed keeps interest rates so low that money is free. This is the perfect environment for the wild-eyed speculator, especially the hedge fund types, who ADORE LEVERAGE and will shove as much money as they can wrap their fingers around into the commodity sector in anticipation of inflationary price rises. By the way, just take one look at the following chart of unleaded gasoline if you have the stomach for it. Every time you head to the gasoline pump and fill up, you […]

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All Central Banks globally keep on printing money

| January 28, 2012 | Articles: Insights
All Central Banks globally keep on printing money

This chart shows that Central Banks all over the world continue printing money. This is very bullish for gold, silver and gold silver stocks.   Courtesy to Casey Research  

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Gold regains half of its losses from the record peak price

Gold regains half of its losses from the record peak price

Technicians make a big deal out of the 50% Fibonacci retracement level due to the psychological implications of that level in the minds of traders, both bulls and bears. Generally speaking,  those who have been on the wrong side of a trade and who have very deep pockets, will oftentimes allow the market to continuing moving against them while they wait for the inevitable price retracement, either higher or lower depending on which side of the market that they are on. Once they regain half of their losses, they will oftentimes then finally get out of the losing trade and move to the sidelines to access their next move. That means […]

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Euro Gold right at Resistance level

Euro Gold right at Resistance level

Take a look at the following chart of gold priced in Euros, or “Euro-Gold” as I prefer to term it. I have mentioned here and on some of my KWN Weekly Metals Wrap that this chart is one that all gold traders must continue to reference if they are to get a proper handle on the technical aspects of this market. The reason for this is that the issue most shaking the gold market during the “risk off” trades was the mess in the sovereign debt situation of many countries in the Euro-Zone. Fears over that factor were seeing European-based buying of gold as doubts over the integrity of the […]

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Gold ETF Mass Exodus

Gold ETF Mass Exodus

Gold is enjoying an awesome January, rallying strongly out of its oversold late-December lows. But last month’s hyper-pessimistic sentiment deserves some reflection before it totally fades from memory. One of the core theses of the bears resolutely predicting sub-$1400 gold prices soon was the notion that there would be widespread liquidations in the flagship GLD gold ETF, a mass exodus of capital. If it indeed came to pass, gold would almost certainly be considerably lower than we’ve seen in recent weeks. But it didn’t, the stock traders owning GLD didn’t panic and rush for the exits as feared. Instead they boldly stood their ground, continuing the long tradition of GLD […]

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Legendary Jim Sinclair says A Big Surprise is Coming

| January 11, 2012 | Articles: Insights

Jim Sinclair explains how to get past emotion, how to make a smart investment decision and what he expects from gold & silver investments.

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GoldMoney’s Top 10 of 2011

| January 9, 2012 | Articles: Insights

2011 was another great year for gold owners across the world, with the metal appreciating by 10.2% in US dollar terms over the course of the year. As GoldMoney’s James Turk notes in his most …

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Infographic: all you need to know about Gold in the world

Infographic: all you need to know about Gold in the world

This infographic gives you a lot of valuable insights about gold in our world : volumes, mining, countries, usage and more. Here are some highlights of the facts in this infographic that you could easily memorize. Did you know that : the gold price has been increasing for the past 12 years, while before it was rather flat with the exception of the gold bull market between 1970 – 1980 on average only 5 gold rings per person are currently available, based on the availability of gold above the ground 52% of the mined gold in the world is used for jewelry and only 16% for investments by far the highest […]

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