Streetwise Articles
James Passin: The Feedback Loop
Source: The Gold Report; interviewed by Karen Roche, Publisher (11/20/09)
Today's extraordinary loose monetary conditions are "benefiting hard assets," according to James Passin, co-founder and manager of Firebird Global Fund and Firebird Global Fund II. Surplus liquidity is flowing into ETFs that buy commodity futures and physical commodities, which James says, is "creating a feedback loop" that is driving up the price of resources. James discusses gold's momentum, as well as its associated near-term risks and shares some hot companies and sectors he's following right now in this exclusive interview with The Gold Report.
More >
Fed Audit Shield Takes Blow After Ron Paul Proposal Advances
Source: Bloomberg, Scott Lanman (11/20/09)
"This is the bill that would allow the people to win over the special interests."
More >
Gold Edges Up as Dollar Reduces Gains
Source: MarketWatch, Moming Zhou (11/20/09)
"Gold for December delivery. . .rose 0.2% to $1,144.10 an ounce."
More >
Gold and Silver Set for Parabolic Move Like 1970s?
Source: The Market Oracle, GoldCore (11/20/09)
"Gold appears to be attempting to consolidate at these higher levels. . ."
More >
What Will Drive the Gold Price in the Days Ahead?
Source: Julian Phillips, GoldForecaster (11/20/09)
With national interests becoming more selfish as the pressures grow, political tension between East and West must grow. In this way we are moving towards 'extreme times.' This is when gold becomes money and its owner calls the shots.
More >
Precious Metals & Energy ETF Trading Report
Source: Chris Vermeulen, TheGoldAndOilGuy (11/19/09)
So far this week has been generous with our commodity ETFs moving higher—other than natural gas, which is clearly in a bear market. . .it will be interesting to see how things unfold in the coming weeks.
More >
China vs. the Rest of the World
Source: Rare Earth Investing News, Cyrus S Darabshaw (11/19/09)
"While supply is low, demand is getting shriller."
More >
Gold Hits $1,145 but Stock Market Rally Fizzles Out
Source: GoldSeek, Peter Cooper (11/19/09)
"can we now expect a correction in stock markets that temporarily boosts the USD and sends the price of gold down?"
More >
Russia's Central Bank to Buy 965,000oz of Gold by Year-End
Source: RIA Novosti (11/19/09)
"Russia's Central Bank. . .to buy 30 metric tons of gold at market prices from the country's precious metals depositary"
More >
Traders Betting on 60%+ Rise in Silver
Source: Seeking Alpha, The Pragmatic Capitalist (11/19/09)
"A bull call spread in January 2011 contract on the silver ETF today suggests SLV shares may rally significantly. . ."
More >
The Great U.S.-China Romance
Source: Bill Bonner, The Daily Reckoning (11/18/09)
Is this a formula for a happy marriage? Over the last two years, this codependent relationship has broken down. Paul Krugman wrote in The New York Times, we've seen "the greatest collapse in world trade in history." But neither side has learned a thing. The taker now proposes to take more; the giver, to give more. They don't need counseling. They need a divorce.
More >
The Golden Constant
Source: Adrian Ash, BullionVault (11/18/09)
SINCE STOCK-MARKET BULLS never read history (meaning anything from the day before yesterday and least of all the pink pages' price/earnings column today), the library shelves marked "332" are typically left free for bears and gold investors to roam. . .
More >
What If They Stop Buying Our Debt?
Source: Doug Hornig, Casey Research (11/18/09)
Many citizens probably still cling to the old saw that public debt doesn't matter because "we owe it to ourselves." Wrong. Debt always matters. . .
More >
Exciting Gold Stock Performance Down Under
Source: Neil Charnock, GoldOz (11/17/09)
Overall the performance of the Australian gold sector has been brilliant and if the AUD gold price heads north as I expect we may see even better times—I certainly hope and expect so. I just wish I had a bigger truck to back up but keeping your feet on the ground is the key to safe trading.
More >
Louis James Shares Some of the "Best of the Best"
Source: The Gold Report,
Interviewed by Karen Roche, Publisher (11/17/09)
In this exclusive interview with The Gold Report, Louis James, Senior Editor of Doug Casey's International Speculator, reiterates his conviction that the dollar is on death row with no one prepared to grant a stay of execution. Dismal as it is, this situation gives rise to increasingly positive prospects for gold and other commodities that may ultimately stand in as the world's reserve currency.
More >
Silver Prices to Hit New Highs in 2010
Source: Marc Davis, BNWNews (11/17/09)
Silver may yet outshine gold in 2010 as spot prices for the white metal respond to the prospect of a surge in industrial demand. With a little additional help from investment demand, silver may even rally into the $25 range.
More >
Taking a Look at Current ETF Commodity Trading Analysis & Charts
Source: Chris Vermeulen, TheGoldAndOilGuy (11/17/09)
Commodities continue to perform well as the U.S. dollar tests the October lows. If we step back and take a look at the weekly charts of the gold, silver, oil and natural gas ETFs we can get a better feel for what to expect in the coming week.
More >
Strong Dollar Policy: What??
Source: Axel Merk (11/17/09)
"I believe deeply that it's very important to the United States, to the economic health of the United States, that we maintain a strong dollar," U.S. Treasury Secretary Geithner recently told reporters. Indeed, it seems to be a pre-requisite to apply for the position of U.S. Treasury Secretary to be able to utter these words. In the meantime, the greenback seems to be falling further and further. . ."
More >
Gold: On the Fast Track Toward $1,200?
Source: Mark Brown, ETFTradingPartner (11/17/09)
Well, the long-expected retest and subsequent breakout of '$1,000 Gold' has finally occurred. . .The big question now, of course, is this—does Gold have enough investor interest behind it to push it to the next significant price level, $1,200?
More >
It's Raining Silver
Source: Seeking Alpha, TraderMark (11/17/09)
"Good news. . .Bernanke reports no bubbles anywhere as far as he can see."
More >
Gold Could Soar Much Higher
Source: CNNMoney, Martin Hutchinson (11/17/09)
"…the 20% increase since August might only be the beginning."
More >
Central Banks Can't Stop Gold's Rampage
Source: GoldSeek, Rick Ackerman (11/17/09)
"$1,174.90 is as close to a sure thing as any market-driven event we could imagine."
More >
Fund Managers Go for the Gold (Miners)
Source: Wall Street Journal, Allen Sykora (11/17/09)
"Most tend to be fully invested in mining shares or close to it, rather than bullion..."
More >
India Gold Jewelry Export Plunges by 42%
Source: Commodity Online (11/17/09)
"India has nothing to cheer about when it comes to the export of gold jewelry"
More >
Central Banks to be Net Gold Buyers This Year - Blackrock
Source: Reuters, James Regan (11/16/09)
Central banks will be net buyers of gold this year as they diversify away from the U.S. dollar, global commodities investment fund, according to fund manager BlackRock. Such an occurrence would mark the first time in two decades that central banks have bought more gold than they sold.
More >


