Gold Price Steadies Despite Normally Bearish Factors
Source: Mineweb��(11/28/08)
Resource Capital Research feels "there is additional upside for a major gold price breakout should the US dollar lose its current safe haven currency status, through a further decline in the US economic outlook relative to other world economies in 2009." More >

Gold Has Biggest Monthly Gain in Nine Years
Source: Bloomberg��(11/28/08)
“The devastating attacks in India have added a new dimension to global jitters,” Jon Nadler, a senior analyst at Kitco Inc. in Montreal, said in a report. More >

WGC Says Crisis Has Shown Gold Is Insurance Policy as Well as Safe Haven
Source: Mineweb��(11/27/08)
For those who owned gold during the period of turmoil, the policy has served different functions, including a cushion during an abysmal period for asset returns and for investors with leverage - a liquid asset that retained its value in relative terms and could be sold at a reasonable price. "These insurance policy properties suggest that a core holding in gold is appropriate, whatever the cyclical conditions," said the WGC. More >

Structural Deficit in Gold Supply Could Send Prices Higher
Source: Mineweb��(11/27/08)
Wellington West Capital Markets urged precious metals investors, who "are expected to initially focus on large, capitalized liquid producers" to consider coming down the food chain. "If the market starts to regain confidence and applies higher future gold prices, we would expect more speculative funds to invest in intermediate and junior gold producers." More >

Citigroup Says Gold Could Rise Above $2,000 Next Year As World Unravels
Source: telegraph.co.uk��(11/27/08)
Gold traders are playing close attention to reports from Beijing that the China is thinking of boosting its gold reserves from 600 tonnes to nearer 4,000 tonnes to diversify away from paper currencies. "If true, this is a very material change," said Tom Fitzpatrick, Citigroup's chief technical strategist. More >

Years of Depressed Pricing Ahead
Source: Mineweb��(11/26/08)
In sharp contrast to a few months ago, when buyers were stepping over each other to get their hands on limited supplies of steel, aluminium, copper and other industrial staples, the global financial meltdown is turning the commodities sector upside down. . . More >

Gold is the Answer. Now What was the Question?
Source: Mineweb��(11/26/08)
". . .inflation will replace deflation as all those trillions of dollars come home to roost. . ." More >

Gold's Role Reversal
Source: Seeking Alpha, Adam Katz��(11/25/08)
...Another inflationary development over the weekend saw several OPEC members calling for massive production cuts to support the price of oil - another positive for gold. All of this has led to a massive rally in gold... More >

Gold Equities Should Reward the Patient
Source: Seeking Alpha��(11/25/08)
Scotia Capital analyst Trevor Turnbull believes the price of gold will be in the range of US$700 to US$900 per ounce in 2009, with an average price of US$825. While gold should hold steady, it may not be able to reach new highs. It is in this period of uncertainty and low gold equity valuations, that investors should assemble a solid gold portfolio... More >

Denis Brady: Beryllium May Be New Kid on the Nuclear Block
Source: The Gold Report��(11/24/08)
In this exclusive interview with The Gold Report, Denis—who formerly owned a beryllium metalworking and specialty alloy processing company—discusses hot prospects for this unusual material, which is simultaneously stiff and light, nonmagnetic and transparent to x-rays, with a modulus of elasticity almost 50% greater than steel with only one-fourth the weight and an extremely high melting point of 2349°F. More >

BMO Forecasts Weak Near-Term Metals Prices with Recovery in H2/09
Source: Mineweb��(11/24/08)
BMO advised that gold should benefit from an improving economic environment. "To the extent that gold reacts ahead of actual inflation, it is quite possible that the gold price may start firming up in the second half of 2009." More >

Golden Opportunity with Defined and Limited Risk
Source: Seeking Alpha, Jack Walker��(11/24/08)
Despite the continuing US dollar strength, gold turned higher on Friday with Comex cash gold breaking out above 778.16. Since gold is currently oversold this move could be just short covering, but it could also be the start of something more. More >

The End of the Gold Carry Trade
Source: Seeking Alpha, David Fink��(11/24/08)
...The carry trade benefits a lot of players. The banks make out, and the investors make out. The only people who didn’t do so well were the gold-bugs. The carry trade resulted in added selling of gold by the investors, putting downward pressure on the yellow metal... More >

Q3 Gold Dehedging Shows Smallest Cut Since 2006
Source: Mining Weekly��(11/24/08)
Gold producers cut 2,03-million ounces during the quarter ended September, leaving the global hedge book standing at 16,92-million ounces in delta-adjusted terms. More >

Smart Money Is Starting to Pour into Gold Stocks
Source: Seeking Alpha, Boris Sobolev��(11/24/08)
Friday saw one of the biggest up-days on HUI, which climbed 46 points or 27.5%. Gold was by far the best performing sector in the entire stock market. We believe that these are all signs that the sector rotation to precious metals and related stocks is underway. More >

The Gold Bull Market Starts Here...
Source: Mineweb��(11/24/08)
Gold bullion jumped nearly USD 60/oz on Friday, recording intraday lows and highs of USD 742.93 and USD 801.92, respectively, and spurring heavy buying of listed gold stocks, from the majors to the juniors. More >

Australia's Gold Output May Fall to Lowest Level Since '89
Source: Mining Weekly��(11/24/08)
Australia's gold production increased by 3% to 56 tons in the September quarter, compared with the previous three-month period, although this was still the third-lowest quarterly output recorded by the country in the past 20 years, mining consultant Surbiton Associates reported on Monday. More >

Platinum Price Could Rise "Modestly" - VM Group
Source: Mineweb��(11/24/08)
The VM Group said in its November Fortis Metals Monthly South African platinum supply remained a risk and with much of the investment money now out of the market, "modest gains in the platinum price could be possible". More >

China and Iran Switch to Gold - Will U.S. Investors?
Source: Seeking Alpha, Simit Patel��(11/23/08)
...while it is probably too early to say for sure, this could be the beginning of the world market making a run on the US dollar... More >

Is the Price of Gold Being Suppressed?
Source: Seeking Alpha, Jason Hamlin��(11/23/08)
There is plenty of evidence to support claims that the gold price is being suppressed. They naturally do not want gold, being a barometer of inflation and poor market conditions, to go ballistic. They might be able to control various markets, prices, interest rates, but they can’t control the true price of precious metals in the free market... More >

Opportunities Abound in Gold and International Assets
Source: Seeking Alpha, Marc Courtenay��(11/23/08)
...the most exciting development was in the price of gold and silver - not only that gold hit $800 and silver soared 8%, but that they broke through pronounced resistance levels... More >

Is Gold Regaining Its Luster?
Source: Seeking Alpha, Dr. Kris��(11/23/08)
...what are Peter Schiff's current recommendations? He says to get out of the dollar 'cause it's going to “fall like a stone”, buy the dips in commodities, and start investing in international equities. He also predicted gold is going to go through the roof in the next couple of years, possibly hitting the $2000 an ounce mark... More >

Mint Suspends Orders Amid Rush to Buy Bullion
Source: Australian Business��(11/22/08)
Perth Mint sales and marketing director Ron Currie said the unprecedented demand had forced the Mint to cease orders until January, with staff working seven days a week, 24-hour days, over three shifts to meet orders. More >

Despite Spectacular Fall, Platinum Has a Good Long-Term Outlook
Source: Mineweb��(11/21/08)
Even if demand does slow next year, ScotiaMocatta predicts that "platinum's penetration into existing and new markets is likely to continue, helped by an ever stringent environmental legislation that is set to see pollution control equipment fitted to more machines. More >

Gold Demand Reaches Record High in Q3 2008
Source: Channel NewsAsia��(11/21/08)
According to the World Gold Council, demand for gold jewellery has also been strong, especially in Asia. More >