Streetwise Articles
Gold May Touch New High if IMF Sells in Bulk
Source: Business 24/7, Shashank Shekhar (3/1/10)
"Reports of a return to the long side by speculators will encourage the gold bulls. . ."
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Central Bank Report Tells S. Korea to Prepare for Dollar's Fade
Source: Yahoo! Asia (3/1/10)
"The world could see multiple reserve currencies sharing the leading status 20–30 years from now."
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Gold Prices Begin Week Extending Gains
Source: Oil N' Gold, ecPulse (3/1/10)
"The precious metal prices are trading close to a one-month high. . ."
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Asian Bounce Led by Financials and Miners
Source: Financial Times, Dave Shellock (3/1/10)
"Resource-related stocks soared across the region. . ."
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David Morgan: In the Grips of a Currency Crisis
Source: Interviewed by Karen Roche, Publisher, The Gold Report (2/26/10)
However the evolving global currency crisis ultimately manifests itself, either total deflation and a debt-liquidating depression or a hyperinflationary blow-off, David Morgan of The Morgan Report tells us in this exclusive Gold Report interview, "There's none better than gold—and silver is probably just as good—if you're worried about a crisis hedge."
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Gold May Rise for 2nd Day in London as USD's Rally Stalls
Source: BusinessWeek, Kim Kyoungwha and Nicholas Larkin (2/26/10)
"Spot prices. . .are set for a 2.8% gain this month, the first rise in three."
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Subtle Signs Gold's Correction Is Over
Source: GoldSeek, Rick Ackerman (2/26/10)
". . .technical signs offer the most encouraging evidence of bullion's resurgence. . .since Comex gold reached $1,227.50."
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Gold Is De-Coupling from the Dollar:Euro Exchange Rate
Source: Julian D. W. Phillips, GoldForecaster (2/26/10)
Further to our piece on the euro:dollar Exchange rate last issue, we have found that the topic, at last, is hitting mainstream.
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What's Driving Platinum, Palladium ETFs?
Source: Commodity Online, Tom Lydon (2/26/10)
"What could put a dent in platinum and palladium's shine?"
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What Are Banks Doing with Their Depositors' Money?
Source: Free Gold Money Report (2/26/10)
". . .they are still lending, but not to businesses and consumers."
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Gold, the IMF, and Dirty Jokes
Source: Jeff Clark, Casey's Gold & Resource Report (2/25/10)
How many IMF officials does it take to change a light bulb?
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Gold, Silver and Stock Indices on the Verge of Rolling Over?
Source: Chris Vermeulen, Technical Traders (2/25/10)
Last week we saw the market rally on light volume into a resistance zone on the daily chart. Light volume rallies are always a warning sign, much like the "Calm before a Storm."
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1931 for the Euro, Part II
Source: Adrian Ash, BullionVault (2/25/10)
It wasn't called the "irrevocable exchange rate" for nothing. . .but perhaps "irreparable" would be better.
Gold Miners Agree to Pay Up to $100m in Taxes to Nevada
Source: Mineweb, Dorothy Kosich (2/25/10)
"Nevada miners still face an initiative process that seeks to remove mining taxation limits. . ."
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West Africa's Russia Delight
Source: Thom Calandra, Ticker Trax (2/25/10)
"Everyone is searching for good gold assets. . .the consolidating has begun."
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Bullish Correction Looming for Gold Shares
Source: Seeking Alpha, Kevin Barker (2/25/10)
". . .the charts are looking even better for the miners"
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China's Gold Dance
Source: Mineweb, Lawrence Williams (2/25/10)
"If China or India don't cough up does it really matter?"
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Gold: Long-Term Fundamentals Remain Promising
Source: Jeffrey Nichols, NicholsOnGold.com (2/24/10)
"Gold's positive fundamentals, the high level of investor interest in key geographic markets and global monetary economic developments promise to push the yellow metal much higher," according to Jeffrey Nichols, managing director of American Precious Metals Advisors. In this Gold Report exclusive, the precious metals economist outlines the reasons for gold to continue its upward trajectory—not the least of which include the ailing USD and foreign central banks' reluctance to keep buying U.S. government debt.
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Is Ben Bernanke Smart Enough to Be a CEO?
Source: Vedran Vuk, Casey Research (2/24/10)
Ben Bernanke has got to be laughing it up after being reappointed to another term as Federal Reserve chairman. . .
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It's All Greek to Me
Source: GoldSeek, Peter Schiff (2/24/10)
"I believe the short-term problems in Europe are being overblown"
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India to Buy IMF Gold
Source: Gold-Prices.biz (2/24/10)
"India's gold holdings lag those of major economies despite a big purchase in October."
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Greek Tragedy Goes Hollywood
Source: Matt McAbby, Bourbon & Bayonets (2/23/10)
Now that a general pullback in the markets is upon us, I've been hearing from many of you that it's time to bail out, take profits and look for new sector rotation possibilities. Frankly, I don't see it that way.
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Greece, Germany, Gold, Oil and the Dollar
Source: Whiskey and Gunpowder, Byron King (2/23/10)
"What's happening in Greece is a dress rehearsal for the tragic drama that'll play out in the U.S."
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A Long-term Look at Silver
Source: Safe Haven, Jordan Roy-Byrne (2/23/10)
". . .we are super bullish on the junior silver companies."
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China Unlikely to Buy IMF Gold-WGC
Source: Mineweb, Lawrence Williams (2/23/10)
". . .China is actually 'not a realistic candidate' to buy all, or any, of the IMF's remaining gold"
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