• To Buy Gold or Not?

    Should you buy gold or not? That’s the question and everyone seems to have an answer. Unfortunately they’re never the same. Some analysts fear the low prices of Gold that we’ve seen in the past month will surely signal another recession. Others say that it was just a fluke and justify it by the fact that the price of gold is improving. Slowly yes, but still improving.
  • Lear Capital: Did Attempt to Harvest Gold Fail?

    Earlier this year, the financial world was shocked when Germany asked for the return of its gold. The request came within 3 months of the Feds refusal to submit to an audit of its gold reserves by Germany’s Bundesbank. The request itself was unusual in that Germany only asked for 50% of its gold to be returned by year 2020.
  • Gold Steadily Rising,Trading $1,465/Oz

    Comex gold futures are still steadily rising as they were up again today to $1,465.40 an ounce. This is coming off the heels of a two-year low in which gold reached less than $1,400 an ounce sparking debate on whether or not the gold market is as strong as originally thought.
  • Trends in Asset Classes set to Shift

    The latest warning sign on US equities came from the recent issue of Barron’s. A recent survey of big money managers showed extreme bullish sentiment. 86% polled were bullish on stocks over the next six to 12 months while only 7% were pessimistic. Meanwhile only 11% were bullish on bonds. The cover of Barron’s emphasized the view of the participants with its title “Dow 16,000” and picture of a bull, leaping away from a bear. In regards to Gold and commodities, 50% were bullish on commodities with 35% bullish on Gold.
  • Mints, Refineries, Brokerages Out Of Stock - COMEX Gold Inventories Plummet

    The manipulated sell off on the COMEX has led to bargain hunting and a surge in physical coin and bar buying internationally. Gold bullion inventories on the COMEX are being depleted rapidly (see chart and data below) and certain bullion products are either out of stock or production and distribution has been suspended.
  • Gold Steadily Rising,Trading $1,465/Oz

    Comex gold futures are still steadily rising as they were up again today to $1,465.40 an ounce. This is coming off the heels of a two-year low in which gold reached less than $1,400 an ounce sparking debate on whether or not the gold market is as strong as originally thought.
  • Super Pit, gold mine in Australia run by Barrick Gold and Newmont Mining

    Short Interest Rises in Gold Mining Stocks

    Probably not much of a surprise, but Barrick Gold (NYSE: ABX [FREE Stock Trend Analysis]), GoldCorp (NYSE: GG) and Harmony Gold Mining (NYSE: HMY) saw big upswings in short interest between the March 28 and April 15 settlement dates.

    World's Gold Rushing To Asia

    Asian buyers are responding to the recent big drop in gold prices by purchasing as much as they can get.
  • Year End Gold Price Forecast

    Gold And Silver To Recover In 2013- Reuters Precious Metals Poll

    Gold climbed $15.50 or 1.09% yesterday to $1,430.40/oz and silver finished up 1.00%. Gold climbed to its highest in more than a week on Thursday, boosted by physical demand from store of wealth buyers globally and from central banks.
  • US Mint Suspends Sales Of Small Gold Coins - Premiums Rising

    The U.S. Mint is suspending sales of one-tenth oz American Eagle gold coins. The Mint says that sales are suspended as inventories are depleted and need to be replenished. Demand for one-tenth ounce gold coins is up 118% from a year earlier.
  • Canadian, Austrian gold coins

    Gold Prices Evening Out, $1429.13/OZ

    Gold prices are once again evening out to $1,429.13 an ounce. Investors are swooping in to buy gold and significantly lower prices to make a bundle once the prices of gold evens out out.
  • Gold bars 2012 2

    Gold is fine

    So we saw gold fall a hundred plus dollars in a day and I say, it’s fine. People talking about well the ‘manipulators’ are dumping it… blah. Well its true according to my research that they do manipulate the gold market with um paper like ETFs. So what?
  • Smart Asians Drive Gold Demand to 30 Year High

    Gold climbed $24.50 or 1.75% yesterday to $1,425.40/oz and silver finished +0.82%. Asia is seeing a new gold rush. Demand for gold bars, coins and jewellery has soared as bargain hunters try to capitalize on the dip in prices.
  • Gold

    Arizona Set To Use Gold & Silver As Currency

    Gold climbed $12.90 or 0.93% on Friday to $1,400.90/oz and silver finished up 0.04%. Gold and silver both traded down for the week at 5.86% and 11.39%. The state of Arizona may become the second state to use gold and silver coins as legal tender.
  • Is Gold a Disappointing “Safe Haven”?

    It should be defined as a long-term investment that holds its value internationally, in extreme financial times. Is gold one of these? After all, it has fallen from $1,921 at its peak to $1,344 at its trough. This is a 30% fall over the last year plus. At one time George Soros described gold as the “Ultimate Safe-Haven”, before saying it was a “disappointing Safe-Haven”. Alan Greenspan described gold as being “money in extremis.”
  • Gold Reveals Global Economy on Thin Ice

    Explanations for this gold selloff abound everywhere and nearly all of them are inane and incorrect. The silliest among all the reasons offered for the current bear market in gold is that Bernanke has recently morphed into a form of Paul Volker; even though he has maintained the Fed’s zero percent interest rate policy and massive money printing continues unabated. His policies have, and will continue to significantly weaken the intrinsic value of the dollar—so you can just summarily dismiss that reason. Another vacuous reason to explain the drop of the gold price is that the U.S. is eventually headed towards a trade surplus. This is because some predict our energy independence in the next ten years, causing the dollar to soar sometime in the future. But the dollar fell from 83 to 82 on the DXY during the month of April, which coincided with the selloff in gold, so that can’t be the reason either. In addition, our National Debt should be near $30 trillion in 10 years; and that would...
  • Chinese Gold

    China's Gold Moving Quicker Than Cabbages

    With gold prices plunging globally, newly rich Chinese consumers rushed to buy up everything gold in sight.
  • Gold coins and bars

    Lear Capital: Enough of Gold’s Fair Value of $800/oz.

    OK! I’ve had enough! This idea that Gold’s fair value is only $800 an ounce is causing my reason meter to redline. It’s making me a little cranky, so bear with me. This all started with a report that stated: Claude Erb and Campbell Duke figured out the ratio between the price of gold and the stated price inflation from a historical perspective and determined gold was over-priced based on their numerical analysis.
  • Gold is on the Rise, Due to Physical Demand

    According to Bernard Sin, the head of currency and metal trading at billion refiner MKS SA in Geneva stated that “physical demand is extraordinary.” After prices slumped to $1,321.95 an ounce Tuesday morning, prices are on the up climbing today to $1,412.40 an ounce. This tends to happen when gold prices plummet, physical gold price increase as investors become more interested in purchasing it.
  • Silver and gold bars

    Gold Futures Raid Leads To ‘Extraordinary’ Demand For Bullion Globally

    Gold extended gains above $1,400 an ounce on signs that jewelers, investors and store of value buyers of gold are taking advantage of the biggest slump in prices in three decades.