Streetwise Articles
Gold to Rise in 2010 on Inflation Worries
Source: Reuters (7/21/09)
"Calyon predicts that the dollar. . .will weaken next year as a gradual economic recovery encourages a return of risk appetite."
More >
Three More Institutions That Don't Want You to Own Gold
Source: Gold World, Alex Koyfman (7/20/09)
"Notoriously hard to tax, gold is one of those things that the auditors hate seeing on income statements. . ."
More >
Alas Poor Gold Bug
Source: GoldSeek, Howard S. Katz (7/20/09)
"Listen to the wisdom of the One-handed Economist, and you will learn a valuable lesson. . ."
More >
Supply Side Economics – How Is Gold Going to Fare This Year?
Source: Doug Hornig, Casey’s Gold & Resource Report (7/20/09)
Gold started the summer doldrums looking strong and has retreated since, but what are its prospects for the rest of the year and beyond? That will largely be determined by the interplay between supply and demand. . .Reports of dwindling supply are accurate in some areas; however, the story is not that simple.
More >
What Will It Take for Gold to Overcome $1,000
Source: Boris Sobolev, Resource Stock Guide (7/20/09)
Most of gold bugs' economic projections made years ago have come true, but gold has been stuck at a seemingly impregnable level of $1,000 for almost 18 months. Will this level be overcome and when?
More >
What Now for Gold as It Holds Up Well in Weak Price Season?
Source: Mineweb, Lawrence Williams (7/20/09)
". . .it seems the Eastern appetite for gold could be resurgent."
More >
Dollar Breakdown May Catapult Gold to $1,224
Source: MineSet, Jim Sinclair (7/20/09)
"All of this will occur starting quite soon."
More >
Gold Stocks Still Undervalued
Source: Seeking Alpha, Jordan Roy-Byrne (7/19/09)
". . .the local price of gold everywhere except in the U.S. and Japan is higher than at the peak in March 2008"
More >
Michael Berry: "No Chance" of Inflation on Near Horizon
Source: The Gold Report (7/17/09)
Unlike many of his colleagues in the world of investment analysis, Discovery Investing pioneer Dr. Michael Berry doesn't expect inflation to enter the economy for two or three years, after considerably more deleveraging takes place and real recovery begins. In this exclusive interview, he tells The Gold Report this is a great time for contrarians to do some bargain hunting. (7/17/09)
More >
Currency Crisis - The Yuan to go Global and Soon! Gold will Rise
Source: GoldForecaster.com (7/17/09)
Suddenly the pressure from China to change the world’s monetary order is pressing. At the G-8 meeting, China asked for the forum to debate proposals for a new global reserve currency! China’s rising presence in the global economy [$2 trillion reserves now] and the threatening weakness of the dollar is prompting China to act in this way and with speed.
More >
Silver: Flip Side of the Gold Coin
Source: Seeking Alpha, Hard Assets Investor (7/17/09)
"Silver bulls have their work cut out. . .to break above the December contract's technical resistance at $13.50."
More >
Swiss Banks Running Out of Storage Space for Gold Bullion
Source: Mineweb, Lawrence Williams (7/17/09)
"Gold storage makes high demands on security. . .making the gold holding task more difficult."
More >
Strike Looms in SA Gold Sector
Source: Mining Weekly, Chanel Pringle (7/17/09)
"National Union of Mineworkers. . .said it was giving gold companies until Tuesday. . .to make an improved wage offer."
More >
Silver Bulls Overtake Gold; Jump 31% Higher in June
Source: Commodity Online (7/17/09)
". . .new highs cannot be ruled out, especially if gold rallies again."
More >
Gold Tight Trading Amidst Swine Flu Pandemic Fears
Source: Market Oracle, GoldCore (7/17/09)
"Gold continues to trade between $932/oz and $939/oz as it has done since Wednesday."
More >
Gold Gains on Inflation-Hedge Demand, Higher Oil; Silver Climbs
Source: Bloomberg, Halia Pavliva and Nicholas Larkin (7/17/09)
"Gold 'will continue to look to both the dollar and broader market movement for direction.'"
More >
Race for Rare Metals–And China Is Winning!
Source: Proactive Investors, Sam Kiri (7/16/09)
". . .one has to draw attention to the ownership structure of these acquisitions and investments."
More >
Platinum May Catch Up to Gold with Improving Auto Market
Source: Oil N' Gold (7/16/09)
". . .we expect platinum can catch up and outperform gold in the medium-term."
More >
Three Institutions That Don't Want You to Own Gold
Source: Gold World, Alex Koyfman (7/15/09)
"Truth is, investment banks and brokerage firms are like casinos. . .the house always wins."
More >
Chapter 4: Silver Equities
Source: David Morgan, Silver Investor (7/14/09)
Leverage is the name of the game when it comes to owning silver mining stocks. In Chapter 4 of our "Guide to Silver Investing," David Morgan highlights the benefits of owning silver equities and shares his criteria for choosing companies. Read on. . .
More >
Grandich: King of Metals Will Keep Its Crown
Source: The Gold Report (7/14/09)
Agoracom market analyst Peter Grandich tells The Gold Report in this exclusive interview that he isn’t among those who expect the world at large to emerge from “this absolutely horrific downturn” by year-end. He sees good opportunities on the horizon for investors who want to “buy things on the cheap” because prices will fall in the equity markets. He also sees bright prospects for gold—particularly gold ETFs and mining companies that are in or near production and have potential for developing additional deposits.
More >
EPA to Wield Enhanced Power over U.S. Hardrock Mining
Source: Mineweb, Dorothy Kosich (7/14/09)
". . .the agency 'has identified the hardrock mining industry as its priority for developing financial assurance requirements.'"
More >
Gold Prices Modestly Higher for Second Consecutive Day
Source: MarketWatch, Kate Gibson (7/14/09)
"The run higher came "despite significant gains in equities, indicating gold does not act as a safe haven at present. . ."
More >
Time for a Silver ETF Renaissance?
Source: Seeking Alpha, Tom Lydon (7/13/09)
". . .be prepared with an entry and an exit strategy before investing in a fund."
More >
