In the News

The Recovery Is an Illusion: John Williams
Source: JT Long of The Gold Report  05/18/2012

The Gold Report: John, at the recent Casey Research Recovery Reality Check conference you described the economic recovery heralded by the Obama administration as an illusion based largely on skewed inflation data.

An Extraordinary Time to Be in the Driver's Seat: Aaron Kennon
Source: Brian Sylvester of The Gold Report   05/18/2012

The Gold Report: Clear Harbor Asset Management actively invests in resource equities, and it's doing so during one of the most bearish periods ever for resource equities, particularly for small-cap resource equities.

Finding Opportunity in Silver, the Devil's Metal: Chris Thompson
Source: Brian Sylvester of The Gold Report   05/16/2012

The Gold Report: Chris, Haywood Securities' estimated silver price for 2012 is $36/ounce (oz), but the "devil's metal" has averaged less so far in 2012, closing above $36/oz only once.

Recovery Via Shared Sacrifice: Lacy Hunt
Source: Karen Roche of The Gold Report  05/16/2012

The Gold Report: In January, the Federal Reserve's extension of a near-zero rate interest policy to the end of 2014 stunned a good many investors.

Counterattack by Bulls Sets Up Gold for Weekly Gain
Source: Ben Traynor, BullionVault  05/18/2012

Wholesale market gold prices climbed as high as $1,594 an ounce during Monday morning's London trading, jumping 1.

How Gold Demand Remains Resilient
Source: Frank Holmes, U.S. Global Investors  05/17/2012

Demand for gold was relatively resilient in the first quarter of 2012, with global demand falling 5% on a year-over-year basis, says the World Gold Council.

National Strategic and Critical Minerals Act Wins US House Committee Approval
Source: Dorothy Kosich, Mineweb  05/17/2012

A bill aimed at streamlining permitting in one of the worst mining permitting jurisdictions globally, the United States, has won approval of the House Natural Resources Committee.

Precious Metals Market Manipulation?
Source: Doug Casey, Casey Research  05/17/2012

For many years now, a meme has been floating around that the prices of gold and silver are being manipulated, which is to say suppressed, by various powers of darkness.

Dramatic Turnaround for Silver?
Source: Hubert Moolman  05/18/2012

Here are a few patterns that might explain the current state of the silver price, as well as, provide the possible way forward.

Major Long-Term Bottoms Forming in Gold and Commodities
Source: Toby Connor, Gold Scents  05/17/2012

Once every year gold and stocks form a major yearly cycle low.

Gold Rises 1%, Eyes Weekly Gain as Euro Recovers
Source: Reuters, Jan Harvey  05/18/2012

Reuters, Jan HarveyGold rose more than 1 percent on Friday, building on the previous session's hefty gains, as a recovery in the euro prompted fresh buying of the precious metal after prices slid to five-month lows earlier this week.

Big Majority of Survey Participants See Higher Gold Prices Next Week
Source: Kitco   05/18/2012

KitcoFollowing this week’s bounce from the $1,520s region, most survey participants in the weekly Kitco News Gold Survey expect gold prices to continue to build on late-week gains.

Is the Resource Boom Over? A Resounding No!
Source: Lawrence Williams, Mineweb  05/16/2012

Not surprisingly, given metal price performance at the time, the audience at the New York Hard Assets Investment Conference was a little depressed.

The Bear Facts of the Bullion Market
Source: John Nadler, Resource Investor  05/16/2012

The uber-critical $1,527 line of gold's price defense came into play overnight as we had recently pondered here, and this time around, despite all the denials of the fact and protestations to the contrary, the gold market entered the cave of the bear.

Liquidation of 'Crowded' Gold Trade Pauses
Source: Adrian Ash, BullionVault  05/16/2012

Benchmark prices to buy gold for London settlement rallied more than $10/ounce (oz) off new five-month lows beneath $1,528/oz on Wednesday morning, bouncing as the euro, world stock markets and commodity prices also paused this month's sharp liquidation.