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By Jeffrey Nichols |
February 1, 2013
Perhaps the most bullish news for gold so far this year has been the spate of downward revisions to the price forecasts proffered by many of the major banking firms, dealers, trading houses, and other institutional participants in the gold scene.
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By Jeffrey Nichols |
January 15, 2013
Underweighting of gold in both private portfolios and official reserves bodes well for gold-price prospects in the years ahead – and is one of the key factors suggesting that the price of gold could easily double by the end of this decade.
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By Jeffrey Nichols |
December 13, 2012
In a volatile, high-risk, volatile world prudence calls for managing against a range of risks by looking at how assets inter-relate, rather than searching for the one or two assets that might perform best in a more certain and low-risk world.
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By Jeffrey Nichols |
December 5, 2012
As the days pass by, it seems less likely that gold will approach or surpass its all-time high near $1,925 by year end or early 2013. Less likely, but not impossible: a quick and quite imaginable rally of some 11%-to-12% could still see gold breech its record high.
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By Jeffrey Nichols |
November 8, 2012
Positive price drivers and physical market fundamentals could form a “perfect storm” for gold in the closing weeks of 2012 – and, quite possibly, we could see the metal approach or even surpass its record high by year-end or early 2013.
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By Jeffrey Nichols |
October 16, 2012
Gold's failure last week to sustain gains over $1,790 an ounce triggered profit-taking by frustrated longs and technically inspired selling by institutional traders and speculators in "paper gold" derivative markets.
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By Jeffrey Nichols |
September 18, 2012
So far, gold and silver have been the main beneficiaries, rising in the week before the FOMC meeting in anticipation of more stimulative monetary policies, and then, after the announcement, reacting to the aggressive monetary stimulus.
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By Jeffrey Nichols |
August 23, 2012
Gold rallied this past week, showing some of its old spunk, first breaking through overhead resistance around $1,625 an ounce . . . and then piercing through the $1,650 level on Wednesday’s news from the Fed that more monetary stimulus could be in the cards.
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By Jeffrey Nichols |
August 23, 2012
I've been unwaveringly bullish on gold for nearly a decade . . . and suspect I'll remain bullish for at least a few more years. Indeed, I strongly believe that the price of gold will more than double – and possibly triple – before the end of this decade.
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By Jeffrey Nichols |
July 30, 2012
Disappointing news for the US economy is good news for gold investors. Recent economic data show an economy that is “stuck in the mud.” And, in response the US central bank is, sooner or later, likely to embark on another round of monetary easing.
