Gold Rising in all Currencies
Source: Jim Willie CB, Editor, Hat Trick Letter, 321gold.com  (2/14/08)
A profound broad gold rally is underway. It is occurring in almost every single major currency... In the last article, two major forecasts were made, both hit squarely. The euro fell, heading toward the 143 stated target forecasted. Talk circulates about the Euro Central Bank eventually cutting interest rates. Pressure will grow enormously. The Germans are isolated in wanting a hard line against price inflation... More >

India Saw the Highest Gold Demand in 2007
Source: resourceinvestor.com  (2/14/08)
A World Gold Council report said that the consumer demand for gold in the price sensitive Indian market has surged by 6% to 773.6 tonnes in 2007, compared to the previous calendar year. More >

Gold Falls Back and Platinum Slips on Better Financial Outlook
Source: Mineweb.com  (2/13/08)
"There are a few good factors coming back to the financial markets. That's why people are off loading gold for now. It's basically shifting funds from one financial market to another," said a dealer in Singapore. More >

Merrill Lynch Substantially Raises Gold Price Forecast, Ups Silver Too
Source: Mineweb.com  (2/12/08)
Research analysts Michael Jalonen and Jeffrey Schok said they expect gold to average $925/oz this year and $1,000/oz in 2009 (up from $750/oz and $800/oz respectively)..."Due to higher forecasts for the 2008-2012 period, our 10-year average gold price has jumped from $655 to $800/oz," they said. More >

Mergers and Acquisitions Not IPOs Will Be the 2008 Mining Sector Trend
Source: Mineweb.com  (2/12/08)
Globetrotter Kevin Tomlinson believes the narrower pipeline now available for raising capital, largely due to bankers, investors and stockbrokers being spooked by the huge fall-out with America's sub prime housing crisis, will help turn off the tap for project financing in the near future. More >

US Recession Would Dampen Metals Demand, Exacerbate Mining Risk
Source: Mineweb.com  (2/12/08)
Despite the risks, S&P advised that most mining companies "are well-positioned to withstand a modest downturn. They have been cutting costs, actively consolidating, and implementing efficiencies that, as a result, enable them to start the year with health balance sheets and good credit measures."
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IMF Gold Sales Prove Economists Aren't Great Money Managers
Source: Tim Iacona, Seeking Alpha  (2/12/08)
...Only a bunch of economists would look at an asset that has gained about 20 percent per year for the last six years and figure, "It pays no dividend and therefore provides no income, we must sell this and purchase bonds that will pay four percent." More >

Newmont Predicts All Major Gold Miners Will See Production Decline
Source: Mineweb.com  (2/11/08)
With only 800 known gold deposits globally that actually contain 100,000 or more ounces of gold, and as the number of new discoveries declines, Newmont Mining President and CEO Richard O' Brien warned analysts and fund managers that every gold miner will experience production falls unless a technological breakthrough occurs. More >

Silver Up 15% This Year but Some Worrying Demand Signs
Source: Mineweb.com  (2/9/08)
Silver was slow to move earlier in the year when gold showed a sharp increase, but of late it has caught up with a good price surge over the past week bringing it up to just short of $17.20 an ounce on the spot market - and silver futures are strong too suggesting that the market is looking for further rises ahead. More >

Platinum, Gold and Silver All Surge in Strong Week for Precious Metals
Source: Mineweb.com  (2/9/08)
"I just think gold is going to explode. There is big fund buying in all months in the futures market" including the December and June contracts, said Jonathan Jossen, independent COMEX floor trader in New York. More >

Gold ETF Investment May Increase 30% This Year
Source: Mineweb.com  (2/8/08)
"If all of the components that have been driving the price of gold remain in place, you could easily see our global product suite at 1,000 tonnes within a year," Stuart Thomas, managing director of World Gold Trust Services, told Reuters. More >

Will Shares Catch Up With the Gold and Silver Price?
Source: Julian D.W. Phillips, Gold Forecaster - Global Watch  (2/8/08)
If the gold & silver market continues to evolve into a sector that is seen as a more than a volatile, speculative sector into longer-term reliable performers, contrary to other equities, we will see gold & silver shares outperform other sector shares and rise alongside the average gold & silver price. More >

Ernst & Young Study Finds 'Consistently Disappointing' Metal Price Forecasts
Source: Mineweb.com  (2/7/08)
...The analysts/study authors, Lee Downham and Tim Williams, asserted that the market "is undervaluing mining assets by not fully appreciate how long demand will outstrip supply." More >

Citigroup Boosts 2008-10 Gold Forecasts to $900 - $1,000/oz.
Source: Mineweb.com  (2/6/08)
...In their analysis John H. Hill and Graham Wark said, "We believe gold has entered a new investment-driven phase, amid a much more hospitable macro environment. More >

Animas Resources - Gold Mining Stock for Nano-Investors?
Source: Darrell Brookstein, Nanotechnology.com  (2/6/08)
In our experience of over 25 years, natural resource and mining stock investing has offered and continues to offer dynamic, profit-exploding potential for absolutely, astoundingly huge returns. However, timing and ability to distinguish quality are everything.
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The "Mom" Barometer
Source: Mary Anne & Pamela Aden, The Aden Forecast, 321gold.com  (2/5/08)
Case in point our mom isn't interested in the markets. But recently for the first time in years she asked us about gold hitting a new high because she read about it in the local newspaper....This "mom" barometer is a good one and you can bet that others are now looking at gold too. New highs attract new buyers, propelling the market quickly higher. More >

Chinese New Year Could Fuel Gold, Gold Stocks Rally
Source: J.S. Kim, Seeking Alpha  (2/5/08)
...Chinese investors that are now sitting on 300% to 400% profits on their stock portfolios in just several years will be well served to take their profits and seek a new home for much of that capital. Gold may just be the winner in this rebalancing equation. More >

Investors to Push Gold Above $1,000 in 2008 - GFMS
Source: Reuters  (2/4/08)
The price of gold is likely to peak at just over $1,000 per ounce in 2008 and benefit from any weakening of the U.S. economy as investors seek new havens for their funds, London-based consultancy GFMS said today. More >

Is Silver Finally Starting to Catch Up with Gold?
Source: Lee Thomas, Seeking Alpha  (2/4/08)
...An interesting fact to look at is the ratio of the silver and gold prices. In the past 100 years, this ratio has widely fluctuated. The lowest being 22.93 in 1970 and the highest of 101.63 in 1990 when silver was $4.17 and gold at $423.80. Taking the average of the lowest and highest you get a 55.69 ratio. At today’s silver and gold prices, the ratio is 53.88. More >

GFMS CEO Walker Says Gold Could Dip in 2 Years
Source: Mineweb.com  (2/4/08)
There is still upside in the gold price over the next two years, but the current bull phase will end in the medium term, says GFMS. More >

The Gold Price - Is There Still Upside?
Source: Mineweb.com  (2/4/08)
...One major difference between now and 1980 is that the current price rise has been slow and constant since 1999, with demand coming not only from traditional safe-haven seekers but also from other sources. More >

Market Turbulence Makes Gold Stocks a Steal
Source: James West, The Midas Letter, 321gold.com  (2/4/08)
The hemorrhaging of stock values in the resource exploration sector, particularly gold stocks, is a direct result of the contraction of available capital at the center of the banking universe. More >

Gold's Just Getting Started
Source: Eli Hoffman, Editor, Seeking Alpha  (2/2/08)
In this week's Barron's interview, Joseph McNay of Essex Investment Management, one of the all-time greats of growth investing, notes that at its peaks, gold has traded at the same price as the DJIA; right now it sells for 1/14 of the Dow. More >

The Fed Cuts. Gold Climbs. Fed’s Anti-Recession Moves Bullish for Gold
Source: The Gold Report  (2/1/08)
Fear of a recession will keep gold trading in the $800-$1,000 range for most of 2008, says Joseph McAlinden, Chairman and CEO of Catalpa Capital LLC, and former managing director and global chief investment officer for Morgan Stanley Investment Management.
More >

Official Sector Gold: Lower Sales Expected in First Half of 2008
Source: Mineweb.com  (2/1/08)
Société Générale, in conjunction with independent research house GFMS Ltd., has released its review of Official Sector activity in the gold market in 2007, and the outlook for 2008.
The publication projects that the gold sales in the first half of 2008 will be "in the low 200 tonnes" over the period. More >