Scratch Oil For Now – Gold, Alternative Energies Will Outperform Near-Term
Source: James West, MidasLetter��(5/30/08)
Judging by the last few times gold set a new record after a prolonged corrective phase in the current bull market, the fact that it's lurched towards $1,000 again a few times is strongly indicative of a bolder move upward past the previous record. More >

Regulators Worry About Digital Gold Currency's Potential as Tool for Criminal Activity
Source: Mineweb.com��(5/28/08)
As financial institutions and non-financial businesses increasingly deter money laundering and terrorism financing, adaptable and technology-savvy criminals and terrorist financiers will likely see other unregulated, exploitable avenues to further their nefarious purposes. Digital precious metals may become one of them," the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) warned. More >

Gold Bullion Hammered
Source: Mineweb.com��(5/28/08)
The next upleg in precious metal prices is seen as taking time to develop, although the Bank Credit Analyst "would buy gold for a ‘trade' on a washout below $850/oz." More >

Gold Stocks – Five Data Points to Remember
Source: Kenneth J. Gerbino��(5/27/08)
The time for the gold mining stocks is now. A recent Financial Times of London featured editorial was titled, “Gold is the new global currency.” We couldn’t agree more. The article quite correctly concluded that printed money is indeed the barbaric relic. More >

High Oil Price and Low Dollar Push Gold Up
Source: Mineweb.com��(5/27/08)
Non-commercial investors in U.S. gold futures turned bullish last week, hiking their long positions by around 20 percent in the week to May 20, data from the U.S. Commodity Futures Trading Commission showed on Friday. More >

52-to-1 Just Right for the Gold/Silver Ratio?
Source: Brad Zigler, Seeking Alpha��(5/27/08)
With all the market tumult recently, it's nice to be able to count on something constant. The gold/silver ratio isn't immutable, but it's been mighty steady while metals prices have been roiling. More >

Gold Price Consolidating - Analysts See More Gains Ahead
Source: Mineweb.com��(5/24/08)
Reuters quotes Adrian Koh, an analyst at Philip Futures in Singapore, as feeling that there is potential upside resistance at $935-940, after which little would stop the metal moving into the $950s and perhaps beyond while David Thurtell at BNP Paribas reckons that if gold can hang on above the $915 level, it could easily push back to $950 - and then over $1,000 again in Q3. More >

Gold and Silver in Your Savings Account: James Turk on GoldMoney
Source: The Gold Report��(5/23/08)
Ever wondered what GoldMoney® is, and why it might be better than storing physical metal in a bank or purchasing an ETF? James Turk, GoldMoney's founder and chairman, talks with The Gold Report about this patented gold-based electronic money that can be transferred over the Internet. More >

The Case for $1300/Oz Gold
Source: John Lee, Seeking Alpha��(5/23/08)
There are those who predict a rebound of the dollar index and a protracted USD 800/oz gold price or even lower. They just don’t get the message. Gold is an international market. Physical gold demand is mostly from Asia and as long as Asian currencies keep strengthening, the USD-denominated gold price will keep going up, regardless of what happens to the US dollar index.
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Silver Price Manipulation
Source: David Morgan��(5/22/08)
It is not possible to manipulate the trend in a market, but it is possible to “manage” the price within silver’s uptrend. . .the price of silver can be managed, within certain boundaries, through short selling. I believe silver would be far higher if not for selling of “vast amounts” of silver that doesn't exist, or “naked shorts. More >

Record Oil and Weak Dollar Push Gold to One Month Highs
Source: Reuters��(5/22/08)
"I am looking at $935-$940 for nearby resistance. After that, we will be looking at $950-$955," said Adrian Koh, an analyst at Philip Futures in Singapore. "Technically, it looks gold and platinum could go up some more." More >

Citigroup Remains Bullish on Gold
Source: Seeking Alpha��(5/22/08)
Longer term, mining and metals analyst John Hill said "we would not be surprised to see gold double from current levels as the global policy prescriptions for the credit crunch remain powerfully and uniformly re-flationary." More >

Making Sense of Nonsense
Source: Mineweb.com��(5/22/08)
While there's little doubt that yet another guru will call the gold bullion price to above $1,000 an ounce within the next week, how can that be turned to use? Commodity forecasts are notoriously short lived in terms of investor memory; relying more on the "big picture" can be far more rewarding.
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Views from Vancouver
Source: David Galland, Casey Research��(5/21/08)
Keeping your eyes firmly fixed on the prize and today’s soft markets means you can get positioned into great companies at deep discounts from where they should be trading. More >

Gold Demand in Q1 Five Year Low- Vietnam Becomes Largest Retail Investor
Source: Mineweb.com��(5/21/08)
Vietnam came into the spotlight in this quarter with investment demand more than doubling to 32 tonnes, making it the largest investment market during the quarter. More >

Platinum: Key Trends in the Year Ahead
Source: Mineweb.com��(5/21/08)
Platinum is expected to remain in a "substantial" deficit over the year as a whole, suggesting a strong price performance throughout. The financial background and banking tensions are expected to contribute to extraordinary volatility in the platinum price and a trading range of $1,775 to $2,500 during the next six months. More >

James Turk: Gold – The Ultimate Inflation and Catastrophe Hedge
Source: The Gold Report��(5/20/08)
James Turk, a renowned authority on gold and the precious metal markets, says "take a long-term view and steadily accumulate gold month in and month out," in Part I of this Gold Report interview. More >

Gold ETF Demand Doubles in First Quarter
Source: MarketWatch��(5/20/08)
Continuing instability in the equities markets, ongoing fears over the dollar and rising inflation and increased understanding of gold's investment attributes helped spur demand" for ETFs, the Gold Demand Trends report, complied by precious-metals consultancy GFMS Ltd. for the WGC, showed. More >

What the Oil Price is Telling Us & Will it Affect Gold and Silver Prices?
Source: GoldForecaster.com��(5/20/08)
The oil price has in the past few years been a major influence on the gold price and quite rightly too. Both represent an unalterable definer of power and value. But of late the gold price has lagged the oil price in its relationship with oil. We see this as a temporary situation, which will persist until the ‘big’ global picture forces itself onto the realities of our daily life in our local communities. More >

John Embry: Last Call to Board Gold Train at Under US$1,000
Source: John Embry��(5/19/08)
As economic and financial conditions lurch from bad to worse, the central banks and their allies have become even more brazen in their attempts to manage the gold and silver markets. The current effort to convey the message that everything is fine reached a crescendo in the aftermath of the Bear Stearns fiasco. More >

Barclays Forecast Tarnished Outlook for Silver, Base Metals Less Volatile
Source: Mineweb.com��(5/19/08)
The analysts projected "continued industrial demand growth-albeit at a slower rate" for silver, while other forms of demand are likely to remain on their downtrend while mine supply should rapidly accelerate More >

Time to Buy Gold
Source: Peter Graaf, Seeking Alpha��(5/19/08)
Even a large number of analysts are providing their clients with erroneous advice, by telling them to ‘wait for a bottom.’ Many of these clients could well be facing the problem of looking back ruefully at the bottom, long after it is in place. More >

Silver - Major Uptrend Alert
Source: Clive Maund, 321gold.com��(5/19/08)
Silver is in a strong position to take off immediately, and is likely to, especially since gold has started to lift off. More >

Soaring Interest Rates
Source: Paul van Eeden��(5/18/08)
Five years ago I was certain that the gold price would double, or triple, from its then $300 an ounce price level. I bet large and it paid off. I am now becoming equally convinced that US interest rates are going to soar and I am going to bet big again. More >

Gold Bugs' Grit Pays Off
Source: MarketWatch��(5/18/08)
With the suppleness which makes it both derided and admired, the institutional service the Gartman Letter suddenly reinstated its gold-long position on Friday morning. Editor Dennis Gartman had been on TV programs earlier in the week expressing pessimism about gold, having abruptly sold a larger position at an early stage of the slide that started in mid-April. More >