The Times, They Are A-Changin’
Source: Donald Grove, Casey Research��(11/21/08)
President-elect Barack Obama is faced with the daunting challenge of fulfilling his campaign promises – promises he actually made, along with those that voters think he made. Unfortunately, the latter category predominates. More >

Base Metal Prices to Rise on New Supply-Demand Fundamentals
Source: Mineweb��(11/21/08)
The VM Group said the delay or suspension of mineral exploration projects would lead to tightness of supply and be a defining factor in the upswing of metal prices from 2010. More >

Gold Surges Amid Deflation Concerns
Source: Bloomberg��(11/21/08)
Hard assets for hard times,'' said Frank McGhee, the head dealer at Integrated Brokerage Services LLC in Chicago. "Even with all the money central banks have thrown at the financial system, it's not enough to stop systemic risk. People are looking for something that's going to go up, and that's gold.'' More >

Kevin Bambrough, Sprott Resource Corp.: "Unbelievable Values in the Public Markets"
Source: The Gold Report��(11/21/08)
In this interview with The Gold Report, Sprott Resource Corp. President and CEO Kevin Bambrough—who is also Market Strategist for Sprott Asset Management Inc.—talks about signs of decoupling he sees, commodity price fundamentals he doesn’t see, and a catalyst to reignite the markets he hopes to see. He also talks about once-in-a-lifetime opportunities in the resource sector on the horizon for investors. More >

Precious Metals Price Discovery
Source: David Morgan, Silver Investor��(11/21/08)
Eric Lemaire (24hrgold.com) is a true free-market thinker and has worked at producing true price discovery in the gold and silver markets. Eric suggested that, because eBay was already in existence and is a worldwide system, real price discovery could be obtained. . . it did make sense that this certainly is a way to establish what silver and gold are really selling for in the retail sector. More >

In Deflation, Gold Will Rise!
Source: www.GoldForecaster.com��(11/21/08)
Deflation is a particularly pernicious economic condition. It is far worse than inflation. Prices decline in deflation. The impact of this is that a person with cash sees the buying power of that cash increase, whereas the owner of assets with declining values sees the cash value of those assets decline. This is the superficial picture. More >

Keep Your Eye on the Prize!
Source: Peter Degraaf, Online Stock Trader��(11/21/08)
In this fast-moving age, it is so easy to take your eye of the prize. Short-term trends can easily throw one ‘off track’. For every analyst who will tell you a stock or commodity is going up, there is another one who will tell you it is going down in price.Who to believe? More >

Gold Pressure Near Breaking Point
Source: James West, Midas Letter��(11/21/08)
The demand pressure slowly yet consistently building over the last year has created some remarkable pressure to the upside on the price of gold. With recent announcements by Iran that their foreign reserve holdings are being converted to gold, and the record purchase of $3.5 billion by unidentified Saudi Arabians over a two week period, it seems remarkable that gold continues range-bound trading in the low 700’s. More >

Seeking Alfalfa
Source: Adrian Ash, Bullion Vault��(11/21/08)
ALPHA used to be what hedge-fund managers promised their clients... In a world shorn of credit, leverage and PhD finance, a lump of dumb metal may well prove worth having. More >

Retail ETF Investors Help Power Gold Demand
Source: Seeking Alpha, Tom Lydon��(11/21/08)
Retail investors are sharply increasing their demand for more gold bars and coins, as it has presented a safe place to keep their money during the market meltdowns. Last year, people bought 38 tons of gold coins in the third quarter alone; this year, that figure has rocketed to 61 tons, reports Dan Grech for Marketplace. More >

Gold in the Low $600s?
Source: David Galland, Casey Research��(11/20/08)
Of late, I have read a number of analysts, Jim Rogers even, who have expressed the view that gold could dip to the mid- to low $600 level. Could happen, but I think not. Already, buyers of physical gold are finding anything near $700 to be cheap and so are helping to build a floor under the monetary metal. More >

$3.5B Saudi Gold Deal Is Huge Compared with $6.5B Consumer Record
Source: Seeking Alpha, Peter Cooper��(11/20/08)
he World Gold Council said consumers spent $6.5 billion in buying 232.1 tonnes of gold coins and bars in the third quarter of 2008, an increase of 121 per cent in volume terms over the same period a year ago, and the strongest growth since the mid 1990s. More >

Gold Steady While Platinum Gains on Mine Closure and J-M Analysis
Source: Reuters��(11/20/08)
Platinum has risen on the combination of short-covering and people taking the Johnson Matthey report as not perhaps being as bearish as they might have seen," Tom Kendall, precious metals strategist at Mitsubishi Corp, said. More >

Leads Metal Report
Source: Ira Epstein��(11/20/08)
If you watched the Capital Hill Hearings this week with guest stars Fed Chairman Bernanke and Secretary Paulson, you had to come away with the view that we’re screwed. Mr. Paulson’s decision to give back $350,000 of the approved $700 Billion Bailout Measure is his way of saying “let the next administration figure out this mess”. He’s done all he can do. More >

Record Dollar Demand for Gold from Safe-Haven Buying - WGC
Source: Mineweb��(11/19/08)
The latest Gold Demand Trends, published by the World Gold Council using figures compiled by independent research house GFMS Ltd., records an all-time quarterly record of $32 billion in demand for gold as investors sought refuge from the global financial meltdown. This was 45% up in the previous dollar record, registered in the second quarter of this year. Tonnage demand was 18% higher than a year previously. More >

For Gold, a Tussle Between Two Groups of Investors
Source: MarketWatch��(11/19/08)
Despite heavy demand among retail investors, institutional investors have kept the upper hand, according to Wednesday's report from the World Gold Council. Heavy selling by institutions has more than offset retail buying and pushed gold prices to their lowest level in more than a year. More >

Gold ETF Holdings Remain Robust - Silver Could Outshine Gold
Source: Mineweb��(11/18/08)
"Looking forward we think the need for safe-haven investments will grow while at the same time the level of distressed selling may ease, which is likely to see gold prices trend high again. If fresh weakness is seen, then expect dips to attract even more buying," ScotiaMocatta asserted. More >

Dudley Baker: “It’s either the end of the world or a fabulous buying opportunity”
Source: The Gold Report��(11/18/08)
His pitch is irresistible: “Buy a basket of juniors with warrants and it could be the easiest 500% you’ll ever make.” In this exclusive look at one of the most overlooked and misunderstood investment vehicles, Dudley Baker of PreciousMetalsWarrants.com explains to The Gold Report exactly what warrants are and how they increase the odds of winning vastly higher returns. With a little arm-twisting, Baker even reveals some of his most prized “unbelievable” opportunities.” More >

Johnson Matthey Forecasts a 240,000 Ounce Platinum Supply Deficit This Year
Source: Mineweb��(11/18/08)
Johnson Matthey also believed that constraining factors such as skills shortages and safety stoppages would continue in the platinum industry in 2009. More >

Silver Certificates
Source: David Morgan, Silver Investor��(11/18/08)
Many in the precious metals community have been leery of holding paper silver. David Morgan talks with AFE, a private gold and silver custodian. More >

Where Are the Silver Bulls?
Source: Mineweb��(11/18/08)
...amid the apparent dire state of affairs for both silver bullion prices, and stocks operating in the silver space, bullish comments and forecasts remain the order of the day. This week, ScotiaMocatta insisted that in spite of poor demand outlook in the short term, the long-term outlook for precious metals remains bullish, and that "silver is well placed to outshine gold". More >

Precious Metals Shine in This Environment
Source: Seeking Alpha, Jonathen Cavuoto��(11/17/08)
Barron's: "Gold is a no-brainer. Our thesis is as simple as it is unoriginal: Virtually all of the civilized world and a good chunk of the uncivilized world is in a race to see who can debase its currency the fastest. The big spur here is the great global bailout and the trillions in paper money being the baling instrument of choice. We can’t think of a better way to take advantage of this frenzy of financial free-fall than stowing away a few nuggets." More >

Precious Metals Will Depose Cash from its Temporary Throne
Source: Seeking Alpha, Peter Cooper��(11/17/08)
Once the hedge funds stop selling, then gold and silver prices will rally, and the rush out of cash and into precious metals will do something pretty spectacular to the price. Gold and silver stocks, languishing at a 40-year low, should jump and deliver phenomenal performance for new investors and repay the patience of long-term holders. More >

China's Gold Output Expected to Reach 285 to 300 Tons in 2008
Source: chinamining.org��(11/17/08)
China has accelerated gold production since 2003 with annual growth at 6.5 percent, said Zhang, and China's gold output in 2007, at 270.49 tons, for the first time ranks first in the world. More >

World Gold Council Says Gold Remains Safe Haven Amid Volatility
Source: Reuters��(11/17/08)
Gold bullion has dropped nearly 20 percent since October after a recent wave of fund selling, but still offers the diversity and value which investors will be looking for in a climate of high risk, said Rozanna Wozniak, investment research manager with industry body the World Gold Council. More >