Big Four Gold Mining Nations are Rapidly Losing their Status
Source: Mineweb.com  (5/21/07)
London-based gold industry publisher and commentator Paul Burton told an industry conference in Perth today that the pattern of global production had shifted away from the perceived big four producers - South Africa, the United States, Australia and Canada. More >

Spain's Savings Spent
Source: Julian D.W. Phillips, Gold Forecaster - Global Watch  (5/21/07)
The Banco de Espana's holdings of foreign currencies and gold have fallen to €13.2bn (£9.02bn), equivalent to 12 days of imports, according to their website. Last week saw a continuation of their sales of gold of, possibly, in the region of 10 to 15 tonnes more. More >

Adens See Stocks Rising Higher
Source: MarketWatch  (5/20/07)
...And in their latest issue, headed "Next Stop ... the Stratosphere", the Aden sisters have reacted decisively. They write: "The market has spoken and the message is very clear ... Since the stock market looks ahead, it's telling us that it sees better times ahead. It's saying that existing problems will be worked out and good times will prevail.' More >

Gold Rises in London on Increased Jewelry Demand; Silver Gains
Source: Bloomberg.com  (5/18/07)
Gold gained in London for the first time in three days on higher demand from jewelers, the biggest buyers of the precious metal. Silver also rebounded. More >

Gold Producer Hedgebook Cut Significantly in Q1: GFMS
Source: London (Metals Week)  (5/18/07)
...Producer sentiment remained strongly bullish towards the outlook for the gold price, reflected by another wave of buy-backs in the March quarter, with significant cuts in hedge cover by, among others, Barrick Gold, AngloGold Ashanti and Buenaventura as well as Gold Fields... More >

Demand for Gold Reaches First Quarter Record of $17.4bn
  (5/17/07)
The World Gold Council's "Gold Demand Trends' report indicated increased demand for gold in Q1/06 in terms of both tonnage and dollars. More >

U.S. Gold’s McEwen Forecasts $2,000/oz Gold Price by 2010
  (5/17/07)
As evidence for his assertions, McEwen noted that less gold is being mined, and it is "costing more to produce it." Only large central bank sales could potentially derail gold prices, he explained. More >

Gold and Silver Slump: What's a Precious Metals Investor to Do?
Source: Mineweb.com  (5/17/07)
...first and foremost, says Neal Ryan of Blanchard & Co, recognize that a precious metals investment isn't a day trade. We hammer on this issue to the point of exhaustion because people (present company included) get frustrated, upset, emotional and so on when the prices don't react the way we believe they should over a short time frame. More >

Investors Should Consider Profit Taking
Source: Mineweb  (5/14/07)
Credit Suisse prefers gold as base metals prices due for correction. More >

Downward Corrections Mean Opportunity
Source: Mineweb  (5/14/07)
Toronto’s Griffiths McBurney, which has just initiated coverage on gold, forecasts an average $700/oz gold price this year with the potential of significantly higher short-term moves in price. More >

Gold: $300? or $3000?
Source: Bill Nefsky, WFN Enterprises  (5/11/07)
Investment GURUS meet near Atlanta to discuss the metal’s future More >

The Iranian Gold Card
Source: David Galland, Managing Editor, BIG GOLD from CaseyResearch.com  (5/11/07)
In the minds of most, an attack by the U.S. or its allies on Iran would be an act of extreme foolishness. And that’s putting it charitably. More >

China Will Be World's Top Gold Miner in Next Decade
Source: Mineweb.com  (5/10/07)
...at the current rate of growth, boosted by external involvement in the sector by companies like Sino Gold, Jinshan and Leyshon, and with output declining at all the major producing countries, China is on track to become the world's largest gold producer during the next decade. It is already in third place after South Africa and the USA. More >

US Gold, Silver Futures Fall Early on Higher Dollar
Source: Reuters.com  (5/8/07)
A stronger dollar and follow-through sales from the previous session sent gold and silver futures lower early today, as investors held their bets ahead of interest-rate decisions from major central banks this week. More >

S&P Expects Metal Prices Will Remain at Historic Highs
Source: Mineweb.com  (5/8/07)
Standard & Poor's recently asserted that strong demand and weak supply has strengthened the credit quality of mining and metal companies globally, and does not foresee "any quick changes in either of these fundamentals." More >

Central Bank Gold Sales Continue to Suppress Price Surge
Source: Mineweb.com  (5/2/07)
While central bank influence on the gold market has dissipated in the past five years, it is still the most significant impact to the supply side of the market as mining companies can't ramp up enough supply to change annual production figures in a meaningful way. More >

Don’t Sell Your Mining Stocks in May
Source: Mineweb.com  (5/1/07)
Tom Meyers, base metals and mining analyst of financial services company, Raymond James, says from his investment perspective both the long term cyclical and short-term seasonal effects of metal supply and demand support the investment case for mining equities at the moment. More >

Why the Silver Price is Set to Soar
Source: moneyweek.com  (4/30/07)
Gold Investments continue to believe that silver will surpass $20 per ounce in 2007, its non inflation adjusted high of $48.70 per ounce before 2012 and its inflation adjusted high of some $130 per ounce in the next 8 years. More >

Should Silver be Tracking Gold?
Source: Mineweb.com  (4/29/07)
Sentiment suggests that silver will, in fact, continue to track gold fairly closely, but I wouldn't bank on it exceeding the gold track and jumping ahead on its own. More >

Gold Stocks in a Rising Gold Market
Source: Doug Casey, Casey Research  (4/26/07)
While there are a number of ways to play rising gold prices, my personal favorite is the higher-quality junior precious metals exploration companies. More >

NBF Revises 2007 Gold Price Forecast to $675, Silver to $13.50
Source: Mineweb.com  (4/26/07)
In a revised gold price forecast published Wednesday, NBF metals analyst Tanya Jakusconek and associates Joanne van Balegooie and Farooq Hamed said their outlook "is predicated on a positive mix of historic price drivers and supportive gold market fundamentals." More >

Central Bank Gold 101
Source: Mineweb.com  (4/26/07)
What we are seeing presently is that Central Bank sales have increased considerably without the bottom falling out of the market as has been the case in the past. More >

Gold and Silver Bugs Complain a Lot, and Rightly, but They're Winning
Source: GoldSeek.com  (4/26/07)
...Yes, says Chris Powell, Secretary/Treasurer Gold Anti-Trust Action Committe Inc., without central bank intervention against the precious metals, gold and silver would be much higher. Even so, where since 1999 could ordinary investors have found better returns with as little risk as there is in taking delivery of precious metals? More >

Gold Gains in Europe, Targets $700-Mark
Source: Reuters  (4/24/07)
"The market is just building a base around here, trying to gain some strength for the next move higher and break $700, but definitely we would need some catalyst," Frederic Panizzutti, metals analyst at MKS Finance, said. More >

Dollar Signs
Source: The Gold Report  (4/24/07)
As the dollar sank to near record lows, gold responded, trading close to $700. The advance of the precious metal toward its 11-month high got the more ardent gold bulls bubbling with excitement. More >