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Saturday
Sep202014

KWN SPECIAL: EUROPE, RUSSIA, CHINA, PUTIN, GOLD & MUCH MORE - MEP Nigel Farage: 

This is an interesting view of the world affairs from Nigel Farage the leader of UKIP:

Member of the European Parliament (MEP) & Founding Member of the UK Independence Party (UKIP) - Nigel is MEP for the South East Region and the leader of the parliamentary party in the EU parliament.

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Thursday
Sep182014

Here Is The Great Game-Changer That Will Shock The World

Today a 42-year market veteran spoke with King World News about the great game-changer that will shock the world.  Below is what Egon von Greyerz, who is founder of Matterhorn Asset Management out of Switzerland, had to say in this extraordinary interview.

Greyerz: 

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Thursday
Sep182014

Monetary Policy Weighs on Precious Metals

Background

Gold has an inverse relationship with the US Dollar so when the dollar declines gold rises. The dollar is affected by monetary policy as decided by the various central bankers across the planet. We recently covered the effect of the European version of QE with an article entitled; ‘Why ECB QE Is Bearish For Gold Prices so today we will take a quick look at the ramifications for the precious metals sector emanating from the monetary policy meeting of the Federal Reserve held today.

A brief overview of the Feds actions

The two most important points to come out of today’s meeting were

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Monday
Sep152014

Why ECB QE Is Bearish For Gold Prices

The recent action by the ECB appears to have caught many gold bulls off guard. A common interpretation of the impact that a potential quantitative easing program would have on gold prices was that it would be very bullish. This argument was based on the concept that money printing is bullish for gold, and that QE1 and QE2 by the Fed triggered major rallies in the yellow metal. Whilst we do not dispute that QE1 and QE2 by the Fed were indeed bullish for gold, we strongly disagreed that the ECB would introduce a program that would spark a major rally. In fact we went further, predicting that what the ECB was going to do was in fact highly bearish for gold, and in this article we will endeavour to explain why.

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Wednesday
Sep102014

Precious Metals Record Losses as Dollar Rises

The US dollar is going strong, but as many gold bugs know, that isn’t great news for the gold price.

The yellow metal dropped below the $1,250-per-ounce mark today, with silverplatinum andpalladium all following the downward trend

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Tuesday
Sep092014

Goldcorp Inc CEO says gold price plunge to $900 would be an opportunity, not a disaster

The chief executive of Goldcorp Inc. is not fretting over lower gold prices this year and says he would view any price declines as an opportunity to buy assets.

In an interview with the Financial Post on Friday, Charles Jeannes, president and CEO of Goldcorp, spoke about the company's growth prospects in the next year.

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Monday
Sep082014

China gold demand picking up again?

The latest gold withdrawal figures from the SGE suggest that wholesale Chinese gold demand may be picking up again well after a run of several poor months.

Author: Lawrence Williams

LONDON (MINEWEB) - 

One of the depressing factors with regard to the gold price so far this year has been the reported fall-off in Chinese gold demand, although by world standards it remains pretty healthy. But there are now signs that it is beginning to pick up again.

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Thursday
Sep042014

Goldman Sachs: Gold will drop $200 by end of year

On the Comex division of the New York Mercantile Exchange, gold futures for December delivery on Thursday continued to drift lower, trading at a near 3-month low.

In afternoon trade gold was changing hands for $1,266.00 an ounce, down more than $4 an ounce compared to yesterday's closing price.

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Tuesday
Sep022014

Will Gold Still Go to $5000?


Yes – to answer a lot of questions. We still see the future rally in gold reaching the $5,000 level. Keep in mind this requires an asset rally. Those who tout the German Hyperinflation omit the fact that ALL tangible assets rose not only gold and the replacement currency people accepted was backed by real estate not gold. So the rally in gold will be part of an asset rally – not gold by itself, which has never taken place even once in history.

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Tuesday
Sep022014

SKOT Makes 49.40% in 7 Days Trading SPY Call Options

On 18th August, stocks were well off their highs and headlines were riddled with concerns about Europe and the Ukraine. We bought March 2015 calls on the S&P 500 ETF SPY, with a strike price of $215 for $0.83.

Just 7 days later the stock market had soared to new highs and we sold the calls at $1.24, banking a profit of 49.40%!

Through careful timing and analysis of both the fundamental and technical factors at play, we were able identify what we believed was a prime trading opportunity where the risk reward dynamics were strongly in our favour.

In our update sent to the subscribers of SK OptionTrader that week we said;

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