Streetwise Articles
Gold Nanospheres Show Promise in 'Boiling' Out Cancer
Source: U.S. News & World Report (3/23/09)
". . .doctors expose the tumors to near infrared light, causing the nanospheres to heat up and destroy the cancer while leaving healthy tissue alone."
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Wall Street Rally Cramps Demand for Gold
Source: Associated Press (3/23/09)
"It's going to compete for investment dollars again."
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Gold Will 'Outperform Them All' in the Long Term
Source: BullionVault (3/23/09)
"In a future where every currency is competitively devaluing. . .gold will outperform them all."
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Gold Bulls Should Stay Away from Gold Stocks
Source: Seeking Alpha, Cam Hui (3/22/09)
"The trouble is gold stocks aren't just a simple leveraged play on the gold price."
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Barry Allan: Which Way Will You Make Your Play in Gold?
Source: The Gold Report (3/20/09)
In this exclusive interview with The Gold Report, Barry Allan, precious metals mining analyst at Research Capital, discusses his criteria for evaluating major and junior miners, explains how value price moves in gold are more driven by investors than jewelry demand and offers some risk-based guidelines for investors looking to preserve and build wealth in gold.
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Gold, Gossip & Russia's Tu-160 Bombers
Source: Adrian Ash, Bullion Vault (3/20/09)
"Germany in 1944 could buy materials during the war only with gold," as Sir Alan of Greenspan said in May 1999. Which might (or might not) explain certain events in the gold and T-bond markets of late.
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Gold is the Beneficiary of Treasury Buys
Source: Eric Pratt, Midas Letter (3/20/09)
It's been said again and again by bloggers and writers on the fringe of mainstream economic journalism: âU.S. economic policy is bad for the dollar and good for gold.â Exactly how dollar negative â gold positive has not really been manifested in the price of either commodity to date. That all seems on the verge of imminent change.
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How to Profit from the Upcoming Short Squeeze in Silver
Source: GoldStockBull, Jason Hamlin (3/20/09)
Silver chat rooms are ablaze with talk of a short squeeze that will send the price of silver back above $20 in short order. I believe it is only a matter of time and not so much a question of if, but when it will occur. . .whether you agree with the manipulation argument or not, it is easy to see that the current gold/silver ratio is way out of whack at 72.
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Why Is There a Coin Shortage?
Source: David Morgan, Silver Investor (3/20/09)
While recently attending the Orlando Money Show and as one of the few who were advocating real money, the topic of the silver and gold shortage was discussed. . .
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Panning for Gold Among Miners
Source: Wall Street Journal, Liam Denning (3/20/09)
"In the past five years, it made more sense to buy the type of gold that hurts if it falls on your head. . ."
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New Gold Upleg
Source: GoldSeek, Adam Hamilton (3/20/09)
"While the big gold producers will thrive, the truly epic gains will only arise in the junior gold stocks."
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Fed Feeds Silver Price Surge
Source: Silver Investing News, Melissa Pistilli (3/20/09)
". . .the silver price rallied to a three-week high, up 12.7% to $13.44/oz on the COMEX on Thursday morning, outperforming gold."
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Turkey 'Becoming Major Gold Exporter'
Source: World Gold Council (3/20/09)
". . .the first two months of 2009 have seen the country's gold industry export a greater amount of the metal than. . .the entire first half of 2008."
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Gold Dominates U.S. Money Show
Source: World Gold Council (3/20/09)
". . .sales were 'almost exclusively gold coins.'"
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Profiting in a Political Economy?
Source: Olivier Garret, CEO Casey Research (3/19/09)
Yesterday the Federal Open Market Committee (FOMC) announced a Treasury purchase program of up to $300 billion âto help improve conditions in private credit markets.â Minutes later, the markets reacted aggressively. . .Interest rates on T-bonds took a dive and drove a sudden increase in the value of these securities. . . gold jumped by 5%. Within fifteen minutes, it climbed from $892 to $930, and within less than two hours, it almost reached $950. That the markets reacted so strongly shows fears over inflation and devaluation of the dollar.
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Central Banks are Buying Gold for their Reserves Now!
Source: Julian Phillips, www.GoldForecaster.com (3/19/09)
It is clear now that central banks are buying gold for their reserves. Here is a brief history leading to today and the present position of central banks as they turn to buying gold.
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U.S. Move Will Push Russia and China Toward Economic Matrimony
Source: James West, Midas Letter (3/19/09)
So it's happened at last. All pretense of sanity has been summarily discarded in favor of the perpetual feedback loop. The Fed is now purchasing its own currency, kiting checks to itself in a flagrant display of Orwellian-esque doublespeak. . .Goldâs immediate sprint to positive territory is the only economic signal so far to cast the announcement in its correct light.
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Sending Your IRA Gold on an Overseas Vacation
Source: Casey Research (3/19/09)
In a recent article, âShould You Put Gold into Your IRA?â, we considered the pros and cons of putting gold bullion into a self-directed IRA and detailed how to do it. But the arrangements we covered were entirely domestic. What about having your IRA hold gold offshore? It can be done, but before you go to the trouble, ask why.
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What the Fed's Announcement Means for Gold
Source: Seeking Alpha, Peter Cooper (3/19/09)
". . .you should be owning gold and silver as a hedge against desperate actions by the central banks."
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Gold Traders Whipsawed
Source: Seeking Alpha, Brad Zigler (3/19/09)
"A rising [GLD/GDX] ratio indicates increasing strength of bullion over mining stocks."
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The Bull Is Running with Copper
Source: Investorâs Daily Edge, Ted Peroulakis (3/19/09)
"Is copper the new gold? It looks like it is. . ."
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Roger Wiegand: After Bitter Winter, Brace for Spring Meltdown, Unpredictable Summer and Ferocious Fall
Source: The Gold Report (3/17/09)
Trader Tracks Editor Roger Wiegand tells The Gold Report that he is among those waiting for the other proverbial shoe(s) to drop. He expects a spring meltdown (and maybe a gold price up to $1,260) on the heels of the much-delayed Obama bounce. While he says so many factors are at play that itâs too soon to call a summer rally, the beleaguered markets will take a beating again in September. Tiptoeing and sifting through the chaos and rubble, though, he suggests that watchful, careful, savvy investors can pick profitable buys at rock-bottom prices.
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Money into the Gold Stocks?
Source: Goldmau.com, Claude Cormier (3/17/09)
"Strangely enough, big money has been flowing into those gold stocks. . .especially in the last month."
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Gold Falls for Second Day as U.S. Data Lift Sentiment
Source: MarketWatch, Moming Zhou (3/17/09)
"Given the failure to clear above $940 last week the metal could look to test toward $890, as further stale long liquidation emerges."
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Gold Ends Mon 0.8% Lower, Stock Rally Fades
Source: BullionVault, Chris Mullen (3/17/09)
"Gold mining and silver equities fell over 1.5% in the first half hour of North American trade, before they rebounded to see slight gains by midmorning."
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