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Gold Investments Market Update - Money Printing and Debasement on an Unprecedented Scale While Gold Mining Supply is Falling Significantly
Gold remains firm as there is increasing nervousness about the global economy and indeed nervousness about the global monetary system and this is leading to continuing strong investment demand. Gold remains at or near record highs in nearly all major currencies ($914.00 £622.11 €713.06) and looks se... (Feb 06, 2009 7:55AM)
Gold Investments Market Update - Goldman Sachs Sees Gold at $1,000/oz in 3 Months
With stock and bond markets under renewed pressure, gold remains very well bid and is up some 0.6% in early trading in Europe. Goldman Sachs have increased their forecast for gold from the previously very low $700/oz to over $1,000/oz in the next three months due to "rising investor demand for sa... (Feb 05, 2009 6:51AM)
Gold Investments Market Update - European Central Bank (ECB) Members Increased their Gold Holdings in January - Physical Demand for Gold Remains High
Gold has recovered somewhat from the 1.5% loss yesterday to close at $890.60 (as did silver which was down 0.6%) and rose 1% in after hours and is trading at just below $900/oz in late morning trading in Europe. While stock markets have had a relief rally on a return of risk appetite, the US bond... (Feb 04, 2009 10:09AM)
Gold Investments Market Update - As January Goes So Goes 2009?
Gold continues to consolidate near recent highs despite profit taking falls. It remains near record highs in British pounds, euro (03-Feb-09 London AM Fix: $902.00, £636.02, €702.93) and many other currencies internationally as fiat currencies come under pressure due to the unprecedented zero percen... (Feb 04, 2009 4:22AM)
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