Silver Gets Spiked!
Source: David Morgan, Silver Investor��(8/15/08)
Traders enjoy the leverage that can be obtained using futures and options; however, I would like to bring to your attention the ability for you to invest with commodity-like leverage without as much risk. You see, many mining companies are similar to options that have an unlimited life. How would you like to buy a low price option on silver that never expired? More >

Breath-Taking Collapse
Source: Roger Wiegand��(8/15/08)
As they say so often when lightening bolts hit us out of the blue; “This too shall pass.”Gold and silver traders, shares’ investors and those with enough foresight to prepare, will endure this mayhem without too much disruption and can in fact be handsomely rewarded. More >

GLD Inventory-to-Price Ratio Is at a New High
Source: Seeking Alpha��(8/14/08)
...Is this significant in any way?...It certainly is an indication of the increasing popularity of the fund that, as indicated by rising ratio, has not shed bullion as quickly as prices have tumbled recently...Tim Iacono More >

Dollar Rally Won't Last Forever; Don't Give Up on Gold
Source: Seeking Alpha��(8/14/08)
For the first time this year gold prices are breaking important technical support levels. In fact, gold might drop below US$800 an ounce before this painful correction is over. Eric Roseman More >

India's Rising Gold Demand Stutters but Probably Temporarily
Source: Reuters��(8/13/08)
India's gold demand paused on Wednesday as prices inched up tracking an overseas rebound, but dealers said many buyers waited for lower levels as retail demand had already set in.
"Today demand has halted, but there are plenty of orders placed in advance for $805-$810 an ounce levels," said Manoj Agarwal of Om Commodity Trading Co, a large wholesaler in Ahmedabad. More >

Citigroup Forecasts $950 Gold and a Strong Rebound 4Q in Metal Prices, Mining Equities
Source: Mineweb��(8/13/08)
"Our commodity team forecasts very bullish 2009+ commodity prices that drive very strong earnings growth for the stocks, and consequentially, very attractive PE multiples and discounts to valuation that look very appealing," Citigroup's Australian metal analysts, Wilkins and Hope stressed. More >

Record Gold Demand in Q2 - World Gold Council
Source: Mineweb��(8/13/08)
The latest edition of "Gold Demand Trends", published by the World Gold Council, using figures compiled by independent research house GFMS Ltd., records that global dollar demand for gold in the second quarter of this year reached US$21.2 billion This is a new record and is some 9% above the level recorded in the second quarter of 2007. Investment demand led the charge with an increase of 29% at $3.5 billion in the quarter. More >

What Will Jumpstart the Juniors?
Source: The Gold Report��(8/12/08)
The Gold Report interviews Neil MacDonald, CEO and Director of NovaDX, an investment firm that provides services to early-stage natural resource exploration companies. MacDonald says that we haven't seen the end of the mortgage debt crisis, and a fundamental confidence has to return to the markets to get the juniors to start moving up again. More >

Gold & Silver – The August Lows Are Upon Us!
Source: Peter Degraaf, Online Stock Trader��(8/12/08)
Gold is amazingly cheap just now. The past few days have seen the domineering short sellers do their utmost to drive the price into the basement, hoping that they might be able to reduce their "net short" position, which had grown quite high. More >

Gold Is Now in a Bear Market by Definition as It Tests $800
Source: Mineweb��(8/12/08)
...on the positive side for the gold investor, this is traditionally a weak time of year for gold. The lower prices will make it even more difficult for new potential producers to generate finance and global supply will likely to continue downwards, although low prices do tend to push some operations to concentrate on higher grades and, this may mitigate production falls... More >

Light at the End of the Tunnel - India Buying Again
Source: Mineweb��(8/12/08)
"Demand has been so much in the last couple of days" said Suresh Hundia, quoted by wire service Bloomberg, "that banks and other importers have run out of supplies.'' Hundia is president of the Bombay Bullion Association which represents 230 trading companies. "If the price keeps falling, there's no reason why people won't continue to buy.'' More >

Gold: Surviving Oil and the Dollar
Source: Mineweb��(8/12/08)
The Bank Credit Analyst has come out in support of dollar gold bullion prices, which have taken a hammering since mid-July, when dollar crude oil prices hit an apparent blow off point. BCA Research says gold bullion "should soon find support, despite the setback in crude oil prices and a steadier dollar" More >

Global Gold Hedge Book at Lowest Level in over 20 Years
Source: miningweekly.com��(8/11/08)
“The second quarter saw a reversal in the trend of hedge book sensitivity: a significant retracement in the gold price would now increase the implied delta of the net options position – the opposite relationship to that of recent years,” noted GFMS in its Societe Generale Gold Hedge Book Analysis. More >

How to Calculate Your Own Gold Price Projection
Source: Jeff Clark, Casey Research��(8/11/08)
It’s true for almost any commodity: there are a lot of influences pushing on the price, and it’s hard to untangle them all. But gold is exceptional. A single factor dominates the market price – and you can measure it. More >

Global Gold De-Hedging to Slow Dramatically in the Second Half
Source: Mineweb��(8/11/08)
...Both studies report on an improvement in the marked-to-market value of the hedge book at the end of Q2 by comparison with the end of Q1,although here they diverge, with Société Générale calculating it to be $9.8 billion and Fortis weighing in with $9.0 billion. More >

Bob Moriarty, 321gold.com: Gold is Safe Haven for Looming Crash
Source: The Gold Report��(8/8/08)
Bob Moriarty, founder of 321gold.com, gives us his no-holds-barred opinions on where the economy is headed, the demise of the dollar, and which mining companies are worth taking a look at. More >

What Made the Gold Price Drop Through $900?
Source: www.GoldForecaster.com��(8/8/08)
In the week ending 25th July 2008, the decrease of €578 million in gold and gold receivables reflected the sale by two Eurosystem central banks which roughly equates to the sale of just over 30.0 tonnes of gold. Some new information on why the gold price fell through $900. More >

Gold Agreement Central Banks Show Lack of Desire to Sell Gold
Source: Mineweb��(8/8/08)
European Central Banks, once queueing up to sell gold, now appear to have no real desire to sell the metal, but prospects of a third Central Bank Gold Agreement still remain high. More >

Gold Mining Takeovers and Consolidations Has Begun
Source: Mineweb��(8/7/08)
Toronto's junior mining specialist Paradigm Capital says a difficult financing environment, and a widening performance spread between large and small cap gold stocks have made conditions for the acquirer the most attractive in years. More >

Is the Price of Gold Artificially Depressed
Source: Seeking Alpha��(8/7/08)
The amount of gold cannot be increased any faster than by 1.6% per annum (the rate at which mines are producing gold). Whereas the amount of money in circulation is currently expanding at double-digit levels, on a worldwide basis, the U.S. M3 money supply back in 1980 was 1.8 trillion dollars. Today, according to economist John Williams, the U.S. M3 money supply has ballooned to almost 15 trillion dollars. Some of that extra money has the potential to move into gold...Peter DeGraaf More >

July’s Commodities Purge Offers Long-Term Opportunity
Source: Frank Holmes, U.S. Global Investors��(8/6/08)
Are we at the end of the commodity bull market or does this battered sector offer an attractive buying opportunity?That’s the question on the minds of everyone trying to navigate one of the most complex and volatile markets we’ve seen in years. More >

A Supply Side Problem: Oil's High Price Is Here to Stay
Source: Seeking Alpha��(8/6/08)
...The argument is that no matter the size of the US recession, no matter the short term infrastructure on conservation measures, no matter the lower discretionary demand for oil may be, the higher demand for the inelastic demand for oil, especially in the emerging economies, will lead to higher prices of oil. The high price of oil is here to stay. Frank J. Maura More >

Winners and Losers in the Base Metals Market
Source: Mineweb��(8/6/08)
The recent divergent performance of the LME metals raises the obvious question of whether the performance of the laggards - lead, nickel and zinc - will be duplicated elsewhere in the sector. The bottom line is Natixis Commodity Markets is looking for prices to continue trending lower; however we doubt whether the correction of the aluminium, copper or tin markets will approach the 50% plus level. One by one, the factors that have supported the bull market are slowly being removed. More >

July Commodities Purge Offers Long-Term Opportunity
Source: Mineweb��(8/5/08)
The fundamentals for gold have not changed, and with negative real interest rates in the U.S., this is a good time to maintain exposure to gold investments. July and August generally mark a low time for gold before prices climb with the arrival of the fall buying season, which is another reason to consider gold now... More >

Dubai Gold and Commodities Exchange Reports All Time Records in July
Source: Mineweb��(8/5/08)
The Dubai Gold & Commodities Exchange (DGCX) reached an all time high of 186,842 contracts valued in excess of US$12 billion in July for a 227% increase over July 2007.
Gold volumes increased 167% to 109,289 contracts in July compared to the same time last year. More >