-
By Mark O'Byrne |
December 4, 2012
Gold fell to its lowest point in a month on Tuesday, briefly touching $1,700/oz after a drop below $1,710/oz triggered some technical selling. Investors with a longer time horizon continue to accumulate on the dip.
-
By Rob Marstrand |
October 10, 2012
Gold is going to benefit from a further move of real interest rates into negative territory. There is a long-standing inverse correlation between real interest rates and the price of gold. The Fed has clearly signaled that it will take its eye off its 2% inflation target.
-
By Eric McWhinnie |
June 4, 2012
Einhorn does not make any mention about gold in his quarterly letter, but instead leads readers to critically think about dollars as a store of value, all while providing an entertaining response to gold critics like Buffett and Munger.
-
By Chris Marcus |
June 1, 2012
Every time a trade is made it can be thought of as a bet between two parties. One thinks the value is going up and one thinks it is going down. If I can identify a flaw in their thought process, then my degree of confidence increases.
-
By Eric McWhinnie |
May 14, 2012
Although gold and silver have been in a “funk” lately, the chief executive officer of Sprott Asset Management says the reasons for holding precious metals have not changed.
-
By Jon Nadler |
May 9, 2012
The midweek trading session in New York opened to and continued to witness additional long liquidation among holders of gold, silver, platinum, and palladium positions.
-
By Jeff Berwick |
May 8, 2012
It must be "Bash Gold" week on the CNBS network. Warren Buffet has been leading the charge by talking down the precious metal. Buffet’s partner in crime Charlie Munger recently pitched in. And Bill Gates went on CNBS Monday to try and explain the error in investing in the barbarous...
-
By Ben Traynor |
May 8, 2012
Wholesale market Gold prices fell to a two-week low of $1,625 per ounce Tuesday morning in London – the first day of London trading since yesterday's bank holiday – as stocks and commodities also fell and the dollar extended recent gains.
-
By Eric McWhinnie |
May 7, 2012
It is no secret that Warren Buffett publicly dislikes gold, citing limited industrial demand and a "lifeless" outlook. Apparently, the strong distaste for the yellow metal runs throughout the Omaha-based Berkshire Hathaway.
-
By Mark O'Byrne |
May 4, 2011
Gold is mixed while silver is down some 1.5% again today. Weakness is being attributed to profit taking, momentum-driven traders and rumors regarding selling of gold and silver by George Soros's fund.