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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 Mark O'Byrne |
April 16, 2012
The weakness seen on the Friday Comex close continued in Asia when gold fell to as low as $1,640.50/oz. prior to a slight bounce on European trading. While gold fell 1% on Friday, bullion still managed to record a 1.7% weekly rise in dollars and gains in other currencies.
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By Mark O'Byrne |
April 13, 2012
Gold traded erratically but essentially sideways in Asian trading prior to ticking lower in Europe. Weaker gold prices are attributed to China's weaker Q1 GDP data. A slightly stronger US dollar and oil prices back below $103 a barrel may be contributing to today’s weakness.
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By Mark O'Byrne |
March 29, 2012
Gold traded sideways in Asia prior to seeing a slight climb to $1,665/oz. in late Asian and early European trading prior to price falls in Europe. Gold continues to struggle due to poor short term technicals and a slight decrease in global physical demand in recent days.
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By Karen Roche |
March 13, 2012
With more than 40 years as an economist to his credit and claiming gold as the "biggest position in my life," the Gloom Boom & Doom Report publisher assures us that gold is nowhere near a bubble phase, but cautions that corrections of 40% are not unusual.
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By Richard (Rick) Mills |
November 3, 2011
The real point of modernizing railways, and the major reason for China's global push for High Speed Rail, is the increased movement of cargo - a shift in passenger traffic to the new high speed routes frees up space on older, now congested legacy lines.
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By Mark O'Byrne |
May 17, 2011
Gold and silver are higher today while sterling is stronger and the Japanese yen has again come under pressure. The yen has weakened on deepening concerns about the Japanese economy.
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By Mark O'Byrne |
April 20, 2011
Gold has breached the $1,500/oz level and reached new record nominal highs at $1,505.65/oz. Since yesterday it has gradually risen in all currencies and is approaching record nominal highs in all major currencies.
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By The Gold Report |
July 20, 2010
Buy gold stocks when they're cheap compared to the price of bullion. Stock up on silver when the silver-to-gold relationship soars well past its historic ratio. Pick up corporate bonds when they trade at a big discount relative to par.
