Resource Stocks, Metals Beaten Down
Source: Mineweb.com��(3/10/08)
One London base metals trader noted that "oil and gold have both submitted to selling pressure, increasing concerns that there may be some index fund investors just taking money off the table". Also, according to a Barclay's survey, investments in commodities hit a record $178bn in 2007, leaving a number of investors prepared to take profits off the table at short measure. More >

Junior Gold Companies Should Experience a Turnaround Soon
Source: Seeking Alpha��(3/7/08)
RBC Capital Markets analyst Michael Curran sees one of two scenarios unfolding for the junior gold companies, both of which could lead to a turnaround: a gold price-driven late rally, or an increase in M&A activity. More >

Is Silver the Sleeper?
Source: David Morgan, Founder, Silver-Investor.com, International Business Times��(3/7/08)
Before we ever get to even $100, which I have forecast as a price I do expect silver to achieve, we must move above $30, then $40, and take out the old nominal high of $50. I think you see my point, and the ultimate high price is impossible to determine, because only the market knows. But in my view, silver has way too many things going for it not to continue higher over the next several years. More >

Ira Epstein's Leads Metals Report: $1,000 an Ounce Gold
Source: Ira Epstein��(3/6/08)
$1000 an ounce Gold...
Gold is currently acting pretty much as I expected. Here’s what I mean. All you need do is look at a chart of Crude Oil to understand what is taking place in Gold.
More >

An Interview with Rick Rule, Part III: On Gold
Source: John Pugsley, Stealth Investor��(3/6/08)
Rick Rule of Global Resource Investments, in the third part of our series of interviews with John Pugsley of Stealth Investor, gives his thoughts on gold. Rick's success is legendary in the mining, energy, and exploration business. There is simply no one who is more knowledgeable, in Pugsley's opinion.
More >

Gold Juniors Offer Better Investment Proposition
Source: Mineweb.com��(3/6/08)
The number of gold juniors which have recently emerged in South Africa allow significantly better geared exposure to the gold price as many of them offer more than one revenue stream and they mostly mine at significantly shallower depths than the gold majors, said RBCCM analyst Leon Esterhuizen in a report. More >

Gold Pulls Back - Is There a Correction Ahead?
Source: Jason Hamlin, Seeking Alpha��(3/6/08)
Gold will certainly break $1,000 this year, but we should keep in mind that gold is up over $300 or nearly 50% in the past six months. More >

What Will Take the Price of Gold Higher?
Source: Julian D.W. Phillips, Gold Forecaster - Global Watch��(3/6/08)
If one looks at the gold price in the € the picture changes. In those, now distant days, when the € was worth $1.25, the € price of gold battled heavily to get past €530; it now sits at €640. It seems that a 20% rise is not so outrageous as we thought. Look at gold in the Australian $ or the Japanese Yen. There hasn’t been any where near such a rise as we have seen in the US$ price of gold? More >

Ian McAvity on the Economy: "Cockroaches are Coming out of the Closet"
Source: The Gold Report��(3/5/08)
The Gold Report caught up with Ian McAvity, editor of Deliberations On World Markets, a technical newsletter now in its 35th year, covering precious metals, currencies and global equity markets. McAvity doesn't pull any punches about his view of the economy: "there’s a new cockroach coming out into the daylight every week." More >

Mines' Eyes Have Not Seen the Glory
Source: Seeking Alpha��(3/5/08)
Until recently, analysts haven't been using $1,000/ounce gold in their forecasts. Their consensus forecast for gold this year is in the $850/ounce range. At $1,000 an ounce, it's a different story, and gold stocks could get a boost of support if those price levels hold up. More >

New Surge Takes Platinum and Gold to New Highs
Source: Mineweb.com��(3/4/08)
The fact that ETFs for platinum, gold and silver are now available makes holding ‘physical' metal much easier. This brings an element into the market which just wasn't there in the past and can exacerbate upwards, and downwards, movements in metals prices, and hence market volatility. More >

Predicting the Silver Top
Source: Roland Watson, Seeking Alpha��(3/4/08)
...Now with our current bull leg we again see the higher highs of price changes with a current maximum of just over 10% set last week. So the message appears to be, 10% price changes each week are not unusual and indeed we should expect them to get bigger... More >

Silver Breaks $20 - Up Around 35% This Year
Source: Mineweb.com��(3/4/08)
...it has only really been this year that the realisation seemed to have hit the markets that silver was now perhaps underpriced in relation to its higher priced cousin... More >

Like Beauty, the Value of Gold and the Dollar are in the eye of the Beholder
Source: John Lee, CFA��(3/4/08)
Like beauty, the value of gold and the dollar are in the eye of the beholder, which at times can be entirely subjective, arbitrary, and irrational. This is much akin to financial speculations throughout history from stamps to sea shells. . . More >

Get Ready – Here Come the Gold Stocks!
Source: David Galland, Casey Research��(3/4/08)
In a gold bull market, an investor would expect the profits on gold stocks to be a multiple of those to be had from bullion. . . .Yet, the gold stocks have stalled in recent months; between August 1, 2007 and February 21, 2008 gold bullion rose 42%, but gold stocks were up just 37%. What’s going on? Is it that, in their concern over the broader equity markets, people have forgotten that gold stocks are associated with gold? Or is something else at work here? The answer is “something else.” More >

Rick Rule’s Thoughts on the Recession (Part II)
Source: Stealth Investor��(3/4/08)
Rick Rule of Global Resource Investments, in a conversation with John Pugsley of Stealth Investor, gives his thoughts on the current recession. In Part I, Natural Resources In Jeopardy?, he weighed in on the potential for a continuation of the bull market in commodities. Rick's success is legendary in the mining, energy, and exploration business. There is simply no one who is more knowledgeable, in Pugsley's opinion.

More >

Oil, Gold, Silver, Platinum and Copper Hit Record Highs
Source: Seeking Alpha��(3/4/08)
Commodity boom, super-cycle, call it what you want. The fact is that the slowing U.S. economy may for the first time fail to slow the pace of commodity prices thanks to strong demand from the rest of the
world. More >

HSBC: Gold Market Will Remain Strong
Source: Mineweb.com��(3/3/08)
Interestingly, although fund managers cut their dollar short, SBC metals analyst Jim Steel's research revealed that they have kept their long-term gold positions. More >

Higher Inflation to Push Gold to $1,000 Says RBC
Source: Mineweb.com��(3/3/08)
RBC Capital Market's equity research division said in a recent research note that it maintained its longer-term bullish outlook for gold as it believed increased inflation expectations were not priced into the commodity. More >

Silver: The Last Great Thing - For Now
Source: Greg Pinelli, Seeking Alpha��(3/2/08)
Silver, the most volatile substance on Earth aside from volcanos, is about to go parabolic. More >

How High Is High?
Source: David Morgan, Founder, Silver-Investor.com, International Business Times��(2/29/08)
A simple rule of thumb to determine the paper price of an ounce of gold is to simply divide the M1 money supply by the gold supply, and magically, you determine the price of gold in dollars per ounce. In round numbers, M1 (St. Louis Fed) CURRENCY ONLY portion is 757 billion, and the official U.S. Gold reserve is (261.5 million troy ounces). This simple division problem gives $/oz of approximately $2900 per troy ounce. More >

As Oil Hits New Record, Gold Moves Toward $1,000
Source: Mineweb.com��(2/29/08)
"The target is $1,000. I personally hope it will be $1,000 within a month," said Yukuji Sonoda, precious metals analyst at Daiichi Commodities in Tokyo, adding that gold was likely to be driven by movements in oil in coming weeks. More >

Central Bank Sales Over the Next 19 Months to Reduce by 400 Tonnes?
Source: Julian D.W. Phillips, Gold Forecaster - Global Watch��(2/29/08)
So any which way you look at it these potential sales if they come to pass, will, in reality, have a positive impact on the gold price. More >

Coxe: Global Bull Market for Metals Has Just Begun
Source: Mineweb.com��(2/28/08)
BMO strategist Don Coxe is singing the praises of “the music of the metals markets,” whose final movement will be “the longest and loveliest performance of metals music in history.” More >

Leads Metal Report
Source: Ira Epstein & Company��(2/28/08)
Today’s Chairman’s statements were crystal clear. Simply put the Fed sees downside risk to the economy as being greater than inflationary threats at this time. When asked about inflation, the Chairman acknowledged that inflation was running “hot”. However, he thinks it will abate. I have my doubts given the break in the Dollar and run away commodity prices.

More >