Market Commentary

  • Two Very Different Stories

    June 06 2012 12:00 PM EDT released an article this week entitled ?Why Your Portfolio Doesn?t Need Gold?. This is just one of a barrage of articles and commentaries triumphantly predicting the end of the precious metal?s raging bull market.

  • Gold Reaches Record High in Rupees ? Euro, Pound and Dollar High To Follow

    June 06 2012 8:00 AM EDT

    Gold Reaches Record High in Rupees ? Euro, Pound and Dollar High To Follow

  • Gold and Deflation

    June 06 2012 5:03 AM EDT

    Dr. Gary Shilling wrote his first book, called simply Deflation, in 1998 and followed it up recently with another great work, titled The Age of Deleveraging. He first went long bonds in 1982, which has been one of the great trades of the last 30 years. He lists a whole host of reasons for a deflationary period over the next few years.

  • Iran Gold Imports Surge - 1.2 Billion USD Of Precious Metals From Turkey in April Alone

    June 05 2012 7:56 AM EDT

  • Does Friday?s Panicked Gold Rush Indicate A Gilded Rebound?

    June 04 2012 5:32 PM EDT

    Stocks have wiped out their year-to-date gains. US payrolls are down while unemployment is up. Yields on high-demand government bonds are at record lows. Speculation abounds the US Fed might even print more money. Is it any wonder some are talking about gold?s rebound?

  • Finally, Gold turns around

    June 01 2012 4:07 PM EDT

    Today may prove to be a critical turnaround day for gold. As the global economy has slowly ground to a halt over the last nine months, gold has been completely dormant, moving essentially one for one with equities and the broader commodities market.

  • Crash the Euro, Print the Dollar, Save the World, Brilliant Plan

    May 30 2012 3:17 AM EDT

    As the news rumbles bumbles and stumbles along, gold comments get shot into headlines like no. 8s from a 12 gage Benelli. The Euro is crashing, the dollar is rising and gold is doomed. So I decided to check on some facts.

  • A Quick Note About the Dollar and Gold Mining Shares

    May 30 2012 3:07 AM EDT

    As most of you already know, I have for years been in the vanguard warning about the inflationary policies pursued by global governments and central banks. However, we now face a hiatus of monetary intervention and that has once again brought about the fear of deflation-which is the natural countervailing force to inflation.

  • Gold Bar Demand in China Surged 51% to 213.9 Tons In 2011

    May 28 2012 7:21 AM EDT

    Gold Bar Demand in China Surged 51% to 213.9 Tons In 2011

  • Why Silver is a Buy

    May 24 2012 3:53 PM EDT

    Why is Silver so important in today's industrial world? The Fundamentals Today, Silver is used for industrial purposes, decorations photography, and medicine. Its combination of strength, malleability and conductivity makes it a major element, in the commodity market. It is the precious White metal to Gold's Yellow, and investors should know what affects the price of Silver, what investments can be made, and how it is traded prior to making a decision to enter the Silver as an investment....

  • Central Banks Still Significant Buyers On Gold Dip

    May 24 2012 7:28 AM EDT

    Gold's London AM fix this morning was USD 1,558.50, EUR 1,239.27, and GBP 993.62 per ounce. Yesterday's AM fix this morning was USD 1,555.00, EUR 1,229.44, and GBP 989.56 per ounce. Silver is trading at $28.12/oz, ?22.46/oz and £18.01/oz. Platinum is trading at $1,430.25/oz, palladium at $591.80/oz and rhodium at $1,275/oz.

  • The Dollar Oil Price Threat Will Hurry Gold?s Role in the System

    May 23 2012 2:39 PM EDT

    There was much more to Hilary Clinton?s China and India trip than meets the eye. It was an acid test of the power of the U.S. to press its political will upon the world.

  • While Financial Markets Continue to Crumble, G-8 Leaders Simply Acknowledge the Need for Global Growth and Jobs

    May 23 2012 11:10 AM EDT

    After its recent rebound, gold prices were trading slightly lower on Tuesday pressured by a firmer U.S. dollar and weaker crude oil prices. Although the price of gold still remains range bound while it consolidates, it needs to make a decisive break above $1600 an ounce to attract momentum traders.

  • Gold Bubble? Demand Data Continues To Show No Bubble

    May 23 2012 7:14 AM EDT

    Gold Bubble? Demand Data Continues To Show No Bubble

  • Gold Holding Ground Despite Outside Market Pressures

    May 22 2012 1:39 PM EDT

    Gold prices held near $1590 per ounce today even as the dollar gained against its European and Asian counterparts.

  • Gold: The World?s Friend for 5,000 Years

    May 21 2012 4:40 PM EDT

    Facebook's highly anticipated initial public offering today helped the company raise $16 billion, a record for tech IPOs. It's refreshing to see investor excitement rally around the stock, as the U.S. needs innovative businesses to thrive and attract capital. However, as behavioral finance warns, be cautious of a herd mentality.

  • Why Has Gold Fallen In Price And What Is The Outlook?

    May 21 2012 7:35 AM EDT

    Why Has Gold Fallen In Price And What Is The Outlook?

  • Will Precious Metal Premiums One Day Trump the Spot Price?

    May 18 2012 4:57 PM EDT

    One of the curious characteristics of the retail precious metals market is the premium that retail investors need to pay in order to purchase silver or gold bullion coins for investment purposes.

  • Gold Demand on the Rise

    May 18 2012 4:14 AM EDT

    This week, the World Gold Council announced that investments in gold via Exchange Traded Funds are likely to double this year. The investment demand for gold is expected to remain strong for the foreseeable future.

  • Gold Bust or Bust Out

    May 17 2012 3:04 AM EDT

    The Oracle spoke and so it would be. Gold prices tumbled and the Oracle is proven divine as ever. As is my wont, I periodically check the financial channel throughout my day to catch the major headlines in order to have something to discuss at the water cooler. And, of course, something to discuss with all of you.