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By Mark O'Byrne |
May 22, 2012
Gold edged slightly higher in Asia but has now fallen and continued this pattern in European trading where gold is now near $1,576/oz. level off about 1% from yesterday’s close in New York.
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By The Mad Hedge Fund Trader |
May 17, 2012
Panic is on deck, to use the baseball terminology that my foreign readers are often attempting to decipher. That is the only conclusion one can reach after getting gob smacked by the price action.
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By Philip Burgert |
May 15, 2012
A Q&A with the chairman of Sprott Inc., chief excutive officer, chief investment officer and senior portfolio manager for Sprott Assett Management LP and chairman of Sprott Money Ltd., on his “Call to Action” to silver producers.
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By Eric McWhinnie |
April 30, 2012
Precious metals received support and climbed higher as more disappointing economic data hit the market, fueling speculation for additional Federal Reserve easing. Furthermore, central banks around the world continue to purchase safe-haven metals.
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By Mark O'Byrne |
April 27, 2012
Gold is some 1% higher on the week in USD and EUR and the higher weekly close would aid the poor short term technical picture. Gold consolidated on the gains seen yesterday as the downgrading of Spain's credit rating added fuel.
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By Austin Kiddle |
April 27, 2012
While the Fed is watching for any signs of US unemployment or European debt crisis to deteriorate before launching QE3, gold is likely forming a bottom. With the speculative net longs about 56% below that of August's peak, gold has room to rally.
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By Eric McWhinnie |
April 24, 2012
Volatility is likely to remain this year as speculation builds on even more central bank easing. However, gold’s ability to stem losses on the downside and trade separately from equities makes it a very attractive holding for any portfolio.
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By Adrian Ash |
April 24, 2012
Exploding the money supply can't be guaranteed to destroy the value of cash, as Japan's experience over the last decade shows. But crushing the purchasing power of people's income and savings is a more certain power for central bankers to summon up than anything else.
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By Mark O'Byrne |
April 19, 2012
Gold initially traded sideways to lower in Asia then started gaining in early European trading. Gold prices remained steady today after recovering from four sessions of mild losses.
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By Adrian Ash |
April 12, 2012
Prices quoted for buying gold fell together with the US dollar on Thursday morning in London, dropping away from $1,660 per ounce and falling harder in other currencies as commodities also edged lower. Silver prices slipped back to $31.50 per ounce.