Gold: Like a Bridge Over Troubled Waters
Source: Ewald Dienhart, Seeking Alpha��(11/15/07)
Major investment banks and brokerage firms that were long silent on gold are now talking it up. On October 30, Credit Suisse, a major broker/dealer in precious metals, issued its price forecasts for gold: $838 an ounce in 2008, $950 an ounce in 2009 and $1,050 an ounce in 2010... More >

Barrick Says Gold Supply to Fall Faster Than Expected
Source: Bloomberg��(11/15/07)
"Global mine supply is going to fall at a much faster rate than people generally believe," Chief Executive Officer Greg Wilkins said today at a conference in London organized by RBC Capital Markets. "Many of the mines that people are anticipating bringing into production will either not come into production or will be on a much longer timeframe." More >

Ira Epstein's Metal Report
Source: Ira Epstein��(11/15/07)
Last week I said “there comes a time when markets correct overbought conditions, go through profit taking spells or simply don’t have “new information” to keep trends advancing. I think that is where the gold and silver markets are today.”
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Gold Supply and Demand : Q3 2007
Source: World Gold Council��(11/15/07)
The ongoing financial crisis had a direct impact on the global gold market in the third quarter of 2007, as safe haven investors spurred record inflows into gold exchange traded funds helping to push total demand to a new record of $20.7bn, up 30% on a year earlier. More >

The COT Report and an Emerging Uptrend
Source: Andy So, Seeking Alpha��(11/15/07)
...My guess is that if a rate cut occurs at the end of the month, the commercial shorts will be forced to cover their positions causing precious metals prices to erupt upward. This wont be your typical pop for gold and silver as the commercial short ratio is quite large... More >

Gold May 'Easily' Rise to $1,000, Marc Faber Says
Source: Bloomberg��(11/15/07)
A "continued" weakening of the U.S. currency may help gold to climb above its all-time high of $850 traded in January 1980, said Faber, managing director of Marc Faber Ltd. and publisher of the Gloom, Boom & Doom Report. More >

Gold's Safe Haven Characteristics Fuel Heavy Buying in the Third Quarter
Source: Mineweb.com��(11/14/07)
The latest Gold Demand Trends publication from the World Gold Council, using figures completed by the independent research house GFMS Ltd., shows that physical demand for gold in the third quarter increased by 19% in tonnage terms over the third quarter of 2006 to reach 947 tonnes... More >

Gold Bounces Above $800 After 1% Drop
Source: Reuters��(11/13/07)
...the metal remained vulnerable to further corrections because of a decline in oil prices and profit-taking from last week's rally that saw the metal hitting a 28-year high of $845.40 and hovering near its record peak of $850. More >

BMO's Coxe Forecasts Four-Digit Gold
Source: Mineweb.com��(11/12/07)
In his latest issue of Basic Points, BMO Capital Markets Global Portfolio Strategist Don Coxe stressed that the gold ETF and precious metals shares "should be your primary emphasis on new money investments in commodity stocks."Coxe also noted that "Gold's recent rally is the real deal. More >

Gold Struck by a Perfect Storm
Source: Mineweb.com��(11/12/07)
Where the meteorological analogy fails is the implication that the current bull run is, like a storm, a passing phenomenon when actually some deep structural and even seismic shifts are occurring in the commodity markets. More >

Autumn the Season to Invest in Mining Equities
Source: Mineweb.com��(11/12/07)
Canadian investment dealer Raymond James says autumn in the northern hemisphere is historically the best season to invest in mining equities, with both long-term cyclical and short-term seasonal effects of metal supply and demand currently supporting investment. More >

Government Funds Reported Buying Gold to Hedge Dollar's Decline
Source: Financial Times (London)��(11/12/07)
State-owned sovereign wealth funds are beginning to diversify their investments into commodities, potentially having a significant impact on international raw material prices because of their immense resources. More >

Central Banks and Gold: Manipulation or Money Management?
Source: Thomas Tan, Seeking Alpha��(11/11/07)
$700 provides a major resistance, because gold had never stayed above $700 for over a month in its entire history, neither in 1980 nor in 2006, until now. This is the main reason why it had taken over a year to overcome it, and the reason for the current explosive upward movement. Now we have expanded the chart upward beyond the $700 line into the new uncharted territory, I feel that gold will possibly never go below $700 again. More >

Grandich Expects Gold Traders Will Have to Cover Shorts Soon
Source: FP Trading Desk��(11/9/07)
“...It’s (gold) also likely to have a fairly good correction and consolidation (eventually), an event that has taken place often since the great Bull Run began around $250,” Peter Grandich wrote in a special alert of the Grandich Letter. More >

Gold Pausing for Breath - Poised for Another Leap?
Source: Mineweb.com��(11/9/07)
If gold holds at its current levels, and doesn't slip back further, then the chances of another surge in price this month or next have to be strong. $850 is still very much in sight... More >

Gold and the Market: Adrian Day's Insights
Source: The Gold Report��(11/9/07)
The Gold Report recently spoke with Adrian Day, President of Adrian Day Asset Management, a pioneer in global investing, with a reputation for discovering big winners. Day, the editor of Adrian Day's Global Analyst, gives us his insights on what's going on in these interesting times for gold and gold equities. More >

Gold: Is It Really Near a Record?
Source: Mineweb.com��(11/9/07)
With gold grabbing the headlines in the "lay" press as well as the specialist publications and law-abiding analysts being buttonholed by their mates about whether it's now a "buy", it is perfectly arguable that the market is topping out. While this is unlikely actually to be the case this time, there is clear scope for a correction, as speculative froth needs to be blown off the market. More >

Notes on Gold Bullion, Stocks
Source: Mineweb.com��(11/9/07)
...over the period since August 16, most gold stocks have displayed strong price moves surpassing the commodity and gold ETF move, indicating that gold stocks are once again showing real leverage to a rising commodity price environment. More >

GFMS Says Silver Stocks to Increase Quite Substantially
Source: Mineweb.com��(11/8/07)
FMS Chairman Philip Klapwijk said that investment demand for silver "has rebounded very strongly" in the fourth quarter and forecasted that overall, investors' silver stocks will increase "quite substantially" in 2007. More >

Is Silver Undervalued?
Source: Brad Zigler, Seeking Alpha��(11/8/07)
Clearly, it was better to be an owner of silver than a gold bug. A long position in silver gained $930 per contract, while a gold contract brought in only $230.
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Gold Out of the Box as Price Rise Accelerates
Source: Mineweb.co��(11/7/07)
So-called expert analysts, with big salaries supposedly justified by their skills in predicting market movements, are being confounded and the gold bugs will be chortling with glee at the analysts' discomfort. More >

Gold vs Silver: Who's Outperforming Who?
Source: Jason Hamlin, Seeking Alpha��(11/7/07)
...And not only has silver outperformed gold over this recent 3-month upleg, but the outperformance appears to be accelerating. During September, silver’s performance beat gold by just 1 point. During October, gold outperformed. But during the first week of November, silver is up nearly twice as much as gold (9.7% vs. 5.1%). More >

Gold Hits Fresh Peak Around $820 As Oil Prices Surge
Source: Thomson Financial (London)��(11/6/07)
"With the two external drivers of gold a weak dollar and strong oil together conspiring to lift the metal higher, we are now in range of a move to the all-time nominal high," said UBS analyst Robin Bhar. More >

China's Gold Production to Beat U.S., Challenging South Africa
Source: Bloomberg��(11/6/07)
"There's actually a good chance that Chinese gold mine production will surpass South Africa's in 2007," Philip Klapwijk, executive chairman of London-based researcher GFMS Ltd., said today by e-mail. "It's going to be a close call." More >

Gold ETF Leaps to All-Time High
Source: Thomson Financial (New York)��(11/6/07)
The gold ETF was up $1.51, or 1.9%, at $81.26, just off an earlier high of $81.43. More >