Sunday, April 06, 2025

Tuesday, 30 August 2011

GOLD BULLION SUPERHIGHWAY ROAD MAP CHART

GOLD BULLION SUPERHIGHWAY ROAD MAP CHART ...

China punters sway gold market

Wednesday, August 31, 2011 Mainland punters have emerged as a formidable force in the international gold market and are one of the main reasons for the ongoing volatility in gold prices, say Hong Kong industry sources.The spot price of gold has lurched between US$1,640 per ounce and US$1,900 in the past month. From 7.30pm Hong Kong time yesterday the price went from US$1,785 to US$1,840 in a matter...

Wednesday, 24 August 2011

A New (G)old Standard? It's...Academic

A New (G)old Standard? It's...Academic Gold prices fell by the most in a year-and-a-half on Tuesday as the quest for safe-haven turned into a quest for securing profits and being the first one out from an apparently extremely overbought market. RSI metrics had been above the 70-mark for more than two weeks while gold vaulted 14% during the very month that is normally price-unfriendly....

Robin Griffiths - Important Price Targets to Look For in Gold

With the gold market experiencing profit taking, today King World News interviewed one of the top strategists in the world, 40 year veteran Robin Griffiths of Cazenove.  Cazenove is one of the oldest financial firms on the planet and is widely believed...

Precious Metal Margin Warfare Jumps The Pacific, As Shanghai Hikes Gold Margins For Second Time In A Month, Prepares To Crush Silver

http://www.zerohedge.com/news/precious-metal-margin-warfare-jumps-pacific-shanghai-hikes-gold-margins-second-time-month-prepa Wondering why gold dropped by almost $100 today? Wonder no more: today the Shanghai Gold Exchange lifted gold margins for forward contracts the second time this month to 12% beginning on Friday, in a move that is starting to resemble the CME's vendetta with silver back...

Merkel Rejects Seeking Collateral in European Bailouts as Splits Emerge

Merkel Rejects Seeking Collateral in European Bailouts as Splits Emerge German Chancellor Angela Merkel rejected demands that Greece provide collateral for emergency loans as splits emerged in her Cabinet, reflecting euro-area divisions on the issue. Merkel told lawmakers from her Christian Democratic bloc that a call by Labor Minister Ursula...

Monday, 22 August 2011

Gold settles at record, $2000 within sight

Gold settles at record, $2000 within sight http://www.perthnow.com.au/business/gold-settles-at-record-2000-within-sight/story-e6frg2r3-1226118650020GOLD futures surged to another record overnight as investors held a dim view of global growth prospects and sought instead the perceived safety of the metal.  ...

Monday, 15 August 2011

Gold to shine on 40th anniversay of Nixon Shock

http://www.telegraph.co.uk/finance/commodities/8687368/Gold-to-shine-on-40th-anniversay-of-Nixon-Shock.html As we approach the 40th anniversary of the Nixon Shock, which ended the convertibility of the US dollar into gold, the price of the metal continues to hit new highs. With S&P's downgrade of the US's credit rating on Friday,...

FOFOA FreeGold

http://fofoa.blogspot.com/2008/09/freegold.html Some of FOFOA's excellent blog posts regarding freegold theory. The FOFOA blog is a recommended read. Sunday, September 21, 2008 FreeGold Earlier on Randy's blog I said that I would post the only possible solution to this crisis here tonight. Some people might have thought that Karl Denninger's solution was that post. It was not....

Thursday, 11 August 2011

Gold prices slump 3% on stock bounce, margin hike

NEW YORK: Gold recoiled after tapping a new record on Thursday, heading for its largest daily loss in over a year as an equities rebound and higher trading margins fanned profit-taking from the biggest rally since 2008. Prices slumped nearly 3 per cent and fell over $80 from their overnight peak in one of the biggest daily swings ever. Yet analysts showed no sign of revising their bullish...

Gold Prices at $1,800: You Ain't Seen Nothing Yet...

 http://www.taipanpublishinggroup.com/tpg/smart-investing-daily/smart-investing-081111.html Smart Investing Daily reader G.T. writes in with a question. Several, really, but all worthy of an answer. He asks: With the latest drop in the equity market, presumably because of the U.S. debit, why doesn't the Federal Reserve sell off some...

Wednesday, 3 August 2011

Mexico ups gold reserves by over 90 tonnes in two months

http://cnbusinessnews.com/mexico-ups-gold-reserves-by-over-90-tonnes-in-two-months/ Mexico massively ramped up its gold reserves in the first quarter of this year, buying over $4 billion of bullion as emerging economies move away from the ailing U.S. dollar, which has dipped to 2-1/2-year lows. The third biggest one-off purchase of gold...