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By Jay Taylor |
May 10, 2012
The debt is too onerous to be repaid. So we will have to see massive defaults in terms of transfer payments to the masses and huge numbers of bankruptcies in the future. This will all be very deflationary and that means that the price of most everything could fall dramatically.
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By Jay Taylor |
May 7, 2012
In a market like this the strong get stronger and the weak either are eaten up by the stronger companies or they simply become weaker themselves and significantly reduce upside potential.
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By Mark O'Byrne |
May 2, 2012
Gold gradually fell during trading in Asia and this weakness has continued in European trading where gold looks set to test the $1,650/oz. level or $1,646/oz., the price low after the $1.24 billion sell trade on Monday.
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By Daniel P. Collins |
April 27, 2012
Jim Sinclair is not simply a gold bug; he successfully has called every major move in the precious metal — both up and down — over a generation. But he is not merely a market guru either. Sinclair has had a love affair with markets for 50 years.
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By Mark O'Byrne |
April 26, 2012
Gold gradually eked out gains in Asian and early European trading prior to seeing some weakness. Support for gold is at $1,612/oz. and resistance is at $1,663/oz. and $1,684/oz.
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By Jon Nadler |
April 13, 2012
Precious metals prices headed lower this morning as the final trading session of the week got underway in New York. Yesterday’s “Fedspectations” turned down a notch as market participants had somewhat bigger news "fish" to fry this morning.
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By Mark O'Byrne |
March 28, 2012
Gold traded sideways in Asia prior to seeing slight falls which continued in Europe prior to a bounce to over $1,684/oz. and then further selling saw gold fall back to $1,676/oz.
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By Mark O'Byrne |
March 16, 2012
Gold traded lower on Friday, moving towards a third straight week of losses on the backdrop of a recovering US economy, which prompted investors to put their money in other vehicles, while India’s plan to double the import duty on gold bullion erased some early gains.
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By Ben Traynor |
March 13, 2012
Gold prices drifted as low as $1,694 per ounce Tuesday morning in London – 1.3% down on the week so far – while stocks and commodities rose slightly and US Treasuries dipped ahead of today's US Federal Reserve interest rate decision.
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By Ben Traynor |
January 18, 2012
Dollar prices to buy gold rallied to $1,658 per ounce Wednesday morning in London - 0.8% up on Asian session lows - following reports that the International Monetary Fund is seeking to boost its lending capacity by $1 trillion.
