Streetwise Articles
The Real Long-Run Value of Gold, Part I
Source: Adrian Ash, Bullion Vault (1/29/09)
"Gold must hit $2,200 an ounce to match its real peak of Jan. 1980. Or so almost everyone thinks..." WHAT'S IN A NUMBER...? Ignoring the day-to-day noise, more than a handful of gold dealers and analysts reckon gold will hit $2,200 an ounce before this bull market is done.
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Gold……Ready to Rumble!
Source: Rick Mills, aheadoftheherd.com (1/29/09)
Today we’ve got falling prices. Many pundits are saying that today’s falling prices are caused by deflation. Well whatever there caused by it’s hard to argue against gold being clearly the winning investment. With the price of gold hovering around $900 it’s definitely living up to its oft proven history of preserving purchasing power.
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Gold Investing for Cowards
Source: Forbes (1/29/09)
"USAA Precious Metals fund shines by ignoring price swings in its core product."
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Finally, Some Momentum for Junior Golds
Source: Seeking Alpha, FP Trading Desk (1/29/09)
". . .according to analysts at Canaccord Adams, there is finally some momentum building in the long-dormant juniors as well."
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Gold Rises First Day in Three on Safe-Haven Buying
Source: MarketWatch, Moming Zhou (1/29/09)
"Gold for February delivery ended up $16.90, or 1.9%, at $905.10 an ounce on the Comex. . ."
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Gold. . .Ready To Rumble!
Source: GoldSeek, Rick Mills (1/29/09)
"I believe the plan to get the world's economy back on track by massive monetary stimulation will work so well we're heading. . .to a massive hyperinflationary blow-off, Weimar Germany style."
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$850B Stimulus Plan Signals Gold Take-Off
Source: Seeking Alpha, Peter Cooper (1/29/09)
". . .a diversified precious metals portfolio is going to be a winner over the next two years."
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Gold Attracts More Flows amid Recession
Source: Reuters (1/28/09)
". . .as 2009 gets under way the yellow metal has found huge traction with money managers."
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Is Gold Really Pausing?
Source: MarketWatch, Peter Brimelow (1/28/09)
". . .the radical gold bugs conclude that gold may pause. But it's not seen a major blow-off yet."
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Are Mining Stocks a Good Bet Again?
Source: Seeking Alpha, David Hunkar (1/28/09)
"Gold will continue to be a favorite for investors in these tough times."
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The Life Rafts of Gold and Silver
Source: GoldSeek, Darryl Robert Schoon (1/28/09)
"Buy gold. After all, it was yours and still for only a short while, it is being subsidized by your government. . ."
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U.S.–China Currency Spat Threatens Treasury Auction, Powers Gold
Source: James West, Midas Letter (1/27/09)
Timothy Geithner’s first major fumble as incoming Treasury Secretary could be a big one. Accusing your number one creditor of tampering with their currency in a very public way is downright dumb. Especially when the country you’re making accusations from is the most notorious manipulator of currencies, commodities, derivatives and precious metals in the history of humanity. And with a major Treasury auction coming up this week, don’t be surprised if China decides to vent its displeasure by boycotting the sale. . . It is that awareness and its associated anticipation that is lighting a fire under and giving serious legs to the gold and silver markets this week.
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Brent Cook: Turning Rocks Into Money
Source: The Gold Report (1/27/09)
Geologist Brent Cook, editor of Exploration Insights newsletter, has earned a reputation for recognizing which juniors have the best chance of beating the odds and where rocks have the greatest potential for producing profit. In this exclusive interview with The Gold Report, Brent shares some of his insights about which juniors have upside potential in this volatile market. Brent has examined properties in more than 60 countries and learned the investment side of the business from master Rick Rule.
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Gold Is the Only Long Term Bull Market
Source: Seeking Alpha, Steve Saville (1/27/09)
". . .gold is not only in a long-term bull market, it is the ONLY long-term bull market."
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South African Gold 'Very Positive Investment,' Compared to PGM Sector
Source: Mineweb, Tessa Kruger (1/27/09)
"South African gold sector offers a "very positive investment thesis" on the back of its gold price outlook. . ."
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Silver: A Trader's Paradise
Source: Seeking Alpha, Roland Watson (1/27/09)
". . .volatility rules and hence silver is a trader's paradise. . ."
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Restoring Sound Money in America
Source: GoldSeek, James Turk (1/26/09)
"Many different groups. . .[seek] to restore gold and silver to its rightful role as the money of the U.S., as mandated by the Constitution."
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As Bond Prices Sink, Hold on to Gold
Source: Seeking Alpha, Peter Cooper (1/26/09)
"Holders of a diversified portfolio of precious metal assets will make a fortune. . ."
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COMEX Silver Manipulation
Source: SilverSeek, Theodore Butler (1/26/09)
". . .4 traders hold two-thirds of all the true short positions on the COMEX."
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Gold Market Update
Source: GoldSeek, Clive Maund (1/26/09)
"Gold is now in position to break out to new dollar highs and embark on a very powerful run."
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Forecasting the Gold Price
Source: Mineweb, Lawrence Williams (1/26/09)
". . .expert panel predicts $1074 high, Mineweb readers $1305."
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Happy Days for Gold?
Source: Seeking Alpha, Jeff Pierce (1/25/09)
"Gold was in the spotlight on Friday in a big way, nearly moving $39."
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What's up with the Dollar and Gold?
Source: Seeking Alpha, Calafia Beach Pundit (1/25/09)
"On the surface, gold is rising because geopolitical tensions and trade frictions are rising."
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Dennis Gartman: "Things Are Always Their Worst at the Bottom"
Source: The Gold Report (1/23/09)
The inimitable Dennis Gartman, who has been publishing his popular commentary (The Gartman Letter) since 1987, took a break from one of his busy days to chat with The Gold Report. As he reads it, things will get worse before they get better—but we’re not facing Armageddon. In fact, he posits that the worse the news gets the closer we are to emerging from the economic morass.
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Silver and the Chinese
Source: David Morgan, Silver Investor (1/23/09)
Bloomberg put out some interesting news regarding the silver market stating that refined silver output in China has peaked and it could stop growing because less will be produced as a result of halting of mine expansions, higher costs for production and lower prices received for the metal itself.
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