Subscribe for 12 months with recurring billing - $199

Buy 12 months of subscription time - $199

 

Search Gold Prices
Gold Price
[Most Recent Quotes from www.kitco.com]
Our RSS Feed

Gold Updates by Mail

Enter your email address:

Follow Us on Twitter
Sunday
Mar232014

The Golden Cross For Gold Is Not Always A Positive Indicator

Background

An exciting major event is about to occur in the precious metals arena this very week and you will no doubt see many references to it and that is formation of Golden Cross. Gold bugs including me will be looking for this event to become the ignition for gold to rally to much higher ground.

We will commence with a definition of a Golden Cross as defined by Stockcharts.com: A signal where the shorter moving average moves above the longer moving average. Usually, this term is associated with the 50-day moving average crossing above the 200-day moving average.

There is also an opposite and negative event known as the Cross of Death;

Click to read more ...

Saturday
Mar222014

Maguire - Goldman & Media Full Of Shit When It Comes To Gold

Today the man who was the original London metals market whistleblower takes King World News readers on a trip down the rabbit hole of propaganda and outright lies made to the public which are emanating from the mainstream media, Goldman Sachs, and other major banking institutions.  Below is what London metals trader Andrew Maguire had to say in Part II of a powerful series of interviews that have now been released.

Maguire:  The slow, steady backfilling conditions in gold make it really difficult for the Fed to halt gold’s rise.  And it really forces the bullion banks, who act on their (the Fed’s) behalf to retrench higher, not lower as they would wish.  

Click to read more ...

Saturday
Mar222014

Goldman sees gold price falling 20% by year-end

The gold price bounced back on Friday, regaining some of the ground lost yesterday when upbeat comments on the US economy from the Fed strengthened the dollar and sent gold in the opposite direction.

On the Comex division of the New York Mercantile Exchange, gold futures for June delivery last traded at $1,335.40 an ounce, up less than $5 an ounce from yesterday's close, but off sharply for the week.

Click to read more ...

Friday
Mar212014

Some Gold Miners Getting Back on Track: Ed Bowie, Altus Capital Ltd.

Ed Bowie is an investment manager at Altus Capital Ltd., a London-based company which invests primarily in precious metals and natural resources. Last summer, Altus said the resource sector was experiencing “natural selection.” The worst companies and least knowledgeable investors were set to leave the space.

Click to read more ...

Thursday
Mar202014

Should We Really Put Gold in an IRA?

Should We Really Put Gold in an IRA?

By Hard Assets Alliance Team

Jeff Clark, Editor of BIG GOLD

“Gold is one of the dumbest things to put in your IRA,” said the slick TV commentator, with his $200 haircut, perfect white teeth, and superior attitude. “Everyone knows income-producing vehicles are best for an IRA.”

I tried to ignore the prepackaged message from someone who sounded like he hadn’t given any more thought to the topic than what he’d read somewhere. His advice was misleading and incomplete, and I wondered how many viewers might weaken their portfolios by acting on his sound bite.

On one hand, he’s right: the tax-advantaged nature of an IRA makes income-generating assets ideal, especially when you factor in compounding. Gold generates no income.

Click to read more ...

Wednesday
Mar192014

Janet Yellen and the Fed Go Dark

It’s hard to believe now, but the Federal Reserve used to keep its policy decisions a secret until weeks after the fact. Announcements at the end of each meeting, much less the detailed explanations and the news conferences, are all recent practices. The Fed’s latest policy statement, and subsequent comments by the central bank's new chief, Janet Yellen, both suggest that some policy makers are having some second thoughts about the push for greater transparency. Opacity is back on the menu

Click to read more ...

Wednesday
Mar192014

Gold Bouncing off the 1390-1400 barrier

Posted on March 19, 2014 by 

So far, gold has been unable to get through the first primary resistance 1390-1400 barrier. We pressed higher into this week making the high but then turned back down. Now the two levels forming are 1323 and 1425. A weekly closing back below 1308.00 will signal

Click to read more ...

Wednesday
Mar192014

Mt. Gox’s Downfall Shows the Power of Creative Destruction: Erik Voorhees Interview

Bitcoin evangelist and Coinapult Cofounder Erik Voorhees gives us his thoughts on the demise of Mt. Gox and losing nearly $300K in Bitcoin… why cryptocurrency exchanges are a threat to government and the banking industry… what really happened with China’s “ban” on Bitcoin…and advice for investing in cryptocurrencies.

Here are a few excerpts:

Click to read more ...

Tuesday
Mar182014

Inflation Does Not Produce Economic Growth

Submitted by Frank Shostak via the Ludwig von Mises Institute,

After settling at 3.9 percent in July 2011 the yearly rate of growth of the consumer price index (CPI) fell to 1.6 percent by January this year. Also, the yearly rate of growth of the consumer price index less food and energy displays a visible downtrend falling from 2.3 percent in April 2012 to 1.6 percent in January.

Click to read more ...

Monday
Mar172014

Rick Rule: Coming Natural Resource Market Will ‘Elate or Terrify You’


Rick Rule, Chairman of Sprott Global Resource Investments Ltd., has been involved in natural resource for four decades.

Rick says he expects some familiar patterns to emerge in the coming year.

See below for his most recent comments

Click to read more ...

Page 1 ... 6 7 8 9 10 ... 189 Next 10 Entries »