Precious Metals: Emotions Still Stronger Than Fundamentals
Source: Seeking Alpha, Hans Peter Schmidlin��(8/26/08)
...worldwide, physical supply is extremely tight. And the strong annual gold season has only started. We think this is very bullish for the gold, but the market so far has failed to recognize that strong physical demand. With the upcoming hiccups due to the credit crisis, financial turmoil and all other bullish reasons for gold, we can expect the market to realize that sooner or later – even though we might continue to see a bumpy road for the price of gold and other metals for a few more weeks... More >

Silver Arbitrage
Source: David Morgan, Silver Investor��(8/25/08)
". . .most markets close arbitrage opportunities rather quickly. Therefore, those who wish to take advantage of the opportunity must take action. Will silver be any different? Time will tell. . . ." More >

Freddie’s Loss is Gold’s Gain
Source: John Lee, CFA��(8/25/08)
Sometimes people are so caught up in short-term action that we don’t look at the long-term picture. I have said it before: gold goes up not because of inflation (defined as money supply growth), but because of a loss of confidence of in the paper money system. More >

Gold and Silver Outlook both Seen as Gloomy but Some Glimmers of Brightness
Source: Mineweb��(8/25/08)
Given the fact that the US economy is far from being out of the woods" say analysts on the report Matthew Turner, Jessica Cross and Gary Mead, "the abrupt recovery in the dollar can only be explained by a widening investment view that America may offer the least-worst haven right now. More >

Junior Gold Producers May Get Boost from M&A Activity
Source: Seeking Alpha��(8/25/08)
...with valuation levels so much lower, investors are surely hopeful that the bottom has arrived. One factor that could provide a boost is increased M&A activity More >

Bundesbank Loath to Sell Gold Reserves
Source: Reuters��(8/22/08)
"National gold reserves have a confidence and stability-building function for the single currency in a monetary union. This function has become even more important given the geopolitical situation and the risks present in financial market developments," said the Bundesbank. More >

One Ounce Gold Eagle Suspension Due to Unprecedented Demand - US Mint
Source: Mineweb��(8/22/08)
While the Mint's statement does clarify some of the wilder speculation which followed the original suspension of the Gold Eagle sales, nonetheless it does emphasise the huge surge in demand for the U.S. gold coins demonstrating that demand from the coin collector and small gold investor has been very substantial indeed and that sentiment towards gold has not been damaged by the recent price dips. Indeed there is speculation that the publicity regarding the sales suspension has been one of the factors helping the gold price recovery of the past couple of days. More >

Gold Price Recovers Further as Oil Up Five Percent
Source: Reuters��(8/22/08)
"Whether or not it will be sustained, I guess it really depends on what rhetoric we get from Russia in the days ahead. I believe it's possible we may go on further from here," said Darren Heathcote of Investec Australia in Sydney. "There seems to be a bit of a return to favour commodities again in the last couple of days. I think the physical buying has helped to support it as well," he said. More >

IRC's Doug Silver Says Commodities Supercycle Has Not Ended, Metal Prices Are in Correction
Source: Mineweb��(8/22/08)
Respected strategic mining advisor Doug Silver, Chairman and CEO of Colorado-based International Royalty Corporation (IRC), told exploration professionals yesterday he expects the current commodities correction to last another three to four months. More >

Gold Will Start Shining Again: An Interview with Rob McEwen, U.S. Gold
Source: The Gold Report��(8/22/08)
Legendary mining executive Rob McEwen (U.S. Gold and Goldcorp) talks with The Gold Report about the plight of the junior miners. Rob shares some names he thinks are well positioned to weather the storm, and perhaps find that "big discovery" that will help jump-start the sector. He's optimistic that the price of gold will rise again, believing we're in a seasonal slump, and the fundamentals remain strong. More >

The Building Storm: Gold, the Dollar and Inflation
Source: David Galland, Casey Research��(8/22/08)
One could hardly fail to notice that gold investors have suffered a little more than a “bit of pain” over the past month. More like a good kicking as gold moved down by about 20% from its recent high of $986 on July 15.. . .those of you with an interest in gold are concerned over the latest setback, the depth of which has surprised even us. Don’t be. More >

Collateral Damage in the War of the 'Flations
Source: Adrian Ash, Bullion Vault��(8/22/08)
Which way now for financial assets? Given what pumped them up, starting in late 2002, you're better off asking which way for money itself. More >

Correction to Bear Market or Something More Positive
Source: Mineweb��(8/21/08)
Oil prices at current levels could attract further investment fund flows into precious metals," Standard Bank said in a note, adding that technical signals indicated precious metals were due for a correction... More >

Recovery Anticipated for Gold Stocks as Bullion Price Picks Up
Source: Reuters��(8/21/08)
"A lot of the hot money hedge fund players in the month of July were net sellers, because of big redemptions, and (because) they were nailing down profits wherever they could to offset huge losses," said John Ing, president of Toronto investment house Maison Placements. More >

Do You Smell the Gold Bottom?
Source: Seeking Alpha, Marc Courtenay��(8/20/08)
...Typically, when such a big drop in commodity prices occurs it is the result of forced selling. Too many people who bought gold on margin at higher prices may have been forced to meet margin calls by liquidating their holdings. (We hope you are not one of them, because we certainly don't recommend trading on margin because of the higher risk.) The result is a sharp plunge that makes no sense fundamentally... More >

Citigroup Looks to Stronger Outlook for Gold, Copper, Aluminum, Steel and Bulks
Source: Mineweb��(8/19/08)
While gold is suffering during this time of a rallying U.S. dollar, nevertheless, Citigroup mining analysts advised, "We would be aggressive buyers at current levels." More >

Cheap as Chips
Source: Adrian Ash, Bullion Vault��(8/19/08)
The sharp drop in world gold prices starting in late July knocked the cost of physical metal more than 20% off its record top of mid-March at last week's low point.Might the seasonal shape of the gold price turn this summer's collapse into an autumnal boom...? More >

Gold Train 'Still on Track'
Source: FP Trading Post��(8/19/08)
Jeffrey Nichols, managing director at American Precious Metals Advisors, says seasonal factors like demand from Asia will soon turn positive and long-term price prospects “remain as bright as ever.” More >

Platinum Price to Reach New Highs over Next Quarters - CPM Group
Source: Mineweb��(8/19/08)
Platinum is still a relatively attractive investment in the market as the price is set to increase to $2,200 in the first half of next year and to remain at high levels of around $2000- $1,900/ounce through the end of 2009 and 2010, says the CPM Group's commodities expert Jeffrey Christian. More >

Shouldn't You Be Worried about the Gold Price Fall? And What about Silver?
Source: Mineweb��(8/18/08)
...there are also signs of a shortage of physical gold for investment purposes. The U.S. Mint has had to halt sales of one ounce gold American Eagles and Gold Buffalos due to a shortage of supply and gold dealer Blanchard & Co notes that South African Krugerrands are also very hard to come by in the U.S., so there is an underlying demand swell at these prices... More >

The Disconnect Between Supply and Demand in Gold and Silver Markets
Source: Seeking Alpha, James Conrad��(8/18/08)
Apparently, it is standard Wall Street industry practice to send people monthly statements promising that the firm is storing physical precious metals in a vault, charge for the storage, but really never buy or store any real metal...James Conrad More >

Gold and the Dollar: Putting the Relative Cart before the Relative Horse
Source: Seeking Alpha, Otto Rock��(8/18/08)
...To me and my fundamental mindset, this current US dollar move puts the cart before the horse. You see, the base of all this is the country's economy. A strong economy is the horse, and its currency is the cart. If the economy is strong, this will be reflected in its currency...Otto Rock More >

The Bedrock Case for the Return of the Gold Bull
Source: Seeking Alpha, Justice Litle��(8/17/08)
...What I’m arguing here is that the dollar’s giant spike over the past two weeks -- and gold’s corresponding fall -- are a sort of faulty “all clear” signal. With oil and gold falling and the dollar spiking, Wall Street is indulging itself in the hope that the worst has passed. Good times are here again...It’s a massive hope jag... a bold assertion that von Mises was wrong, that the dollar won’t be destroyed, that all will be well and the Fed has won the war...Justice Litle More >

An Outstanding Buying Opportunity Is Setting Up Now
Source: The Gold Report��(8/15/08)
The Gold Report spoke with financier and newsletter writer Darrell Brookstein about the turbulent gold market and the many opportunities he believes are out there as mining companies are oversold. He believes that this is just a pullback in a bull market, and we could very well see some all-time highs in the next 18 months. More >

Gold Below $800 for First Time - Silver Hit Even Harder
Source: Reuters��(8/15/08)
Silver, which normally tracks gold, was the hardest hit, falling more than 11 percent to its lowest since last September. Platinum slipped more than 2 percent and palladium 3 percent to its weakest in nearly two years.
More >