Haywood Confident on Gold, Bullish on Silver, Nickel, Uranium and Lead
Source: Mineweb.com  (7/23/07)
In their recently released "Mid-Year Update," Canada's Haywood Securities Metals and Mining Team declared, "We remain confident in the outlook for gold with a near-term rebound in the in the price of both gold and gold equities. More >

Copper, Lead and Zinc Lead the Way for Base Metals. Gold Nowhere!
Source: Mineweb.com  (7/21/07)
...gold, which would almost certainly be tracked by silver, is likely to see a steady increase as long as the dollar continues to decline. Base metals may be more volatile, subject to short term disruptions in supply, but long term perhaps the prospects for precious metals prices are the stronger. More >

China becomes World's Number Three Gold Consumer, Producer
Source: AFX News Limited  (7/20/07)
China's production of gold in 2006 increased 8 pct from the previous year to 247 tons, overtaking Australia as the world's third-largest producer of the metal, the China Daily reported, citing a survey by Gold Fields Mineral Services Ltd. More >

Is Gold Breaking Out as The Dollar Falls?
Source: Mineweb.com  (7/20/07)
...where do we see the gold price going from here. Onwards and upwards at least in dollar terms, but probably in fairly small steps. Will it break through $700? Probably, but perhaps not until summer is well behind us... More >

S&P: Gold Will be True to Form: Extremely Volatile and Unpredictable
Source: Mineweb.com  (7/19/07)
In Standard & Poor's recently released Industry Report Card on European metals and mining, S&P declared that it remains positive about gold prices and industry fundamentals in the medium-to-long term. More >

Gold Prices, Technology, New Reserves Boost China's Gold Output
Source: Mineweb.com  (7/18/07)
China's National Development and Reform Commission (NRDC) reported Tuesday that the nation's gold production increased 15.26% to 122.2 tonnes for the first six months of this year compared to the same period of 2006. More >

Gold Clearing Statistics Rise in June
Source: Reuters  (7/17/07)
Gold ounces transferred rose 11.8 percent to a daily average of 21.8 million ounces in June, compared with the previous month, the London Bullion Market Association (LBMA) said on Tuesday. More >

First Japanese Gold ETF to Launch August 10
Source: marketwatch.com  (7/17/07)
The Nikkei business daily reported Tuesday the gold ETF will debut on the Osaka Securities Exchange Aug. 10. Normura Asset Management will manage the fund, the report said. More >

Qatar Central Bank Raises Gold Holdings Again
Source: Mineweb.com  (7/13/07)
The Qatar Government increased its gold holdings by a factor of fifteen between April 2006 and April 2007. More >

A Real Step Forward, in the Opening of China’s Gold Markets
Source: Julian D.W. Phillips, Gold Forecaster - Global Watch  (7/11/07)
Indeed, annual volumes of demand still fewer than 300 tonnes could eventually grow to approach a four-figure level, if the gold market can bear it, in a truly free Chinese gold market. More >

Chinese January-May Gold Production Up 11%
Source: Mineweb.com  (7/11/07)
The official Chinese news agency Xinhua reported that the value of Chinese gold mine production increased 43% to 25.8 million yuan (US$3.4 million) over last year. More >

Average Gold Price Up 10% in 2007 and Silver to Outperform
Source: Reuters  (7/11/07)
Average gold prices will jump nearly 10 percent this year and gain further in 2008 as a weaker dollar outlook, less aggressive sales by central banks and physical demand will boost investor interest, a Reuters poll showed on Wednesday. More >

Gold May Rise on U.S. Interest Rate Outlook; Silver Gains
Source: Bloomberg  (7/10/07)
Gold is up 3.8 percent this year while the euro has climbed 3.5 percent against the dollar. More >

Gold Weakness Creates Buying Opportunity
Source: Seeking Alpha  (7/9/07)
The current weakness in gold could be a prime buying opportunity for investors, according to Raymond James analyst Paul O'Brien. Gold prices hit a rut in the second quarter, posting a 2.2% downturn from the previous quarter, averaging US$668 an ounce More >

Gold Correction Now Over: Stocks Experiencing Breakout
Source: Seeking Alpha  (7/9/07)
Perhaps more importantly, the HUI:GOLD ratio has also broken out cleanly in the weekly chart. I can now say with a high degree of confidence that the correction since last May was over. More >

Gold Stock Rally Beginning
Source: Mike Swanson, Wall Street Window  (7/9/07)
It is starting to be fun to own gold stocks once again. On Friday the XAU and HUI broke out of a resistance downtrend line that goes back to April on high volume. Gold stocks are showing the classic signs of putting on a key breakout. More >

Scotia Capital is ‘Extremely Bullish’ on Gold, Silver and Diamond Prices
Source: Mineweb.com  (7/6/07)
"Based on our bullish call on gold and our thesis that growth through a pipeline of quality assets and solid exploration is the key driver of value," Scotia's analysis concluded, "gold companies should trade at higher valuation in anticipation of that growth." More >

Is The End of The Uranium Rush In Sight?
Source: Seeking Alpha  (7/6/07)
After an uninterrupted four-year rise, uranium prices have finally met some resistance, and investors are weighing the probability of the uranium rush coming to an end, with the metal's prospects as a long-term source of alternative energy. More >

Gold Steadies Near Highs
Source: Reuters  (7/3/07)
A breach of important technical levels was also expected to accelerate the upward movement, but trading was likely to be subdued ahead of the Independence Day holiday on Wednesday, when U.S. financial markets will be closed. More >

A Possible Bullish Resolution for Gold Stocks
Source: Mike Swanson, Wall Street Window  (7/3/07)
Gold stocks are currently bouncing back up to downtrend resistance lines that have held them down since March. If this resistance holds. . over the next two to three weeks the gold stocks will then turn back down and fall in a deeper correction that would likely take the XAU down to the 125 area. However, they could easily breakout for a bullish resolution within this time period too. . . This is an exciting development. More >

Gold: The Bells Are Ringing Again
Source: Seeking Alpha  (7/2/07)
...Generally speaking, when the index (the one that compares the XAU mining index to the gold price) is rising, it is a bullish signal for gold and gold stocks. The index has been in ‘uptrend’ since March...(7/02/07) More >

Silver Coiled and Ready to Spring
Source: Seeking Alpha  (7/2/07)
Will our current rising trend line support the price of silver or will we see a temporary breakdown? That previous rising trend line lasted 8 months. This current one has lasted 10 months. Once again, a breaking of the previous high of late February is required to maintain the bullish sequence of higher highs and invalidate that analysis. More >

Silver Price to Remain High on Investor Interest
Source: Mineweb.com  (7/2/07)
The Fortis/VM Group said in its debut Silver Book publication the silver price has recovered and is following an "upward trajectory" as the silver investor has returned. More >

Gold Bounces Along While Silver Lags
Source: Mineweb.com  (6/30/07)
The big question facing the gold investor at a time like this is "Is the $650 level a top - or the $640 level a bottom?" Personally I'd incline towards the latter given that this level has held despite some pretty adverse news in the market regarding Central Bank and IMF current and proposed sales levels. More >

Why the Big Money in Gold Shares Still Lies Ahead
Source: David Galland, Casey Research  (6/29/07)
You’d be correct in suspecting that the easy money in gold shares has already been made. It has. But it would be financial folly of the highest order to assume that it’s too late to make the big money. The big money is still on the table. More >