“The Federal Reserve shocked the financial world this week, defying universal expectations”
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Tag Archives: gold
GOLD: STRONG SUPPORT ZONE REACHED. WHAT’S NEXT?
Today, gold in the global market extended losses into a third session and dropped below $1,300 an ounce, with investors expecting the U.S. Federal Reserve to announce a reduction in its bullion-friendly stimulus measures.
Read more: http://tinyurl.com/nf7chkq
NEGATIVE SENTIMENT FUELS THE GOLD BULL
As gold soared towards $1434 recently, greed seemed to be making a comeback. From the lows near $1180, the golden metal had rallied about $254, with only one minor pullback.
The sell-off over the past few weeks has squashed that greed, and that’s good news for gold bulls. Markets rise on walls of worry, and worry seems to be creeping back into the gold market.
Read more: http://tinyurl.com/q9c2ogv
CITI: GOLD $3500
After falling by more than 20% from its recent highs, gold is now nearly 20% off of its lows.
Read more: http://tinyurl.com/oenofbp
Gold Is Money, Get Over It…
Business Insider has a piece from Dylan Grice about gold and whether it is money. I’ve talked about this recently, but I keep seeing the topic come up a lot so I thought I’d reiterate what seems (at least to me!) like a pretty logical position. Basically, gold is money, but it’s a crappy form of money:
Read more: http://tinyurl.com/l8weelq
46 Charts That Every Gold Bull Will Love
It’s been tough to be a gold investor. The yellow metal is the worst performing commodity this year, falling 21% since January 1.
Read more: http://tinyurl.com/lxuj55o
ARE GOLD & SILVER REALLY PROTECTING VALUE?
In the U.S. institutional investors, in 2013, have sold off over 1,000 tonnes of gold holdings from the SPDR gold ETF, the investment banks, from the Gold Trust and from COMEX because they have switched from gold to equities in the U.S.
Read more: http://tinyurl.com/nynzk6d
BELIEVE IT OR NOT: GOLD’S 8-YEAR CYCLE STILL ON TRACK
Given gold’s retreat during 2013, it would seem the Midas Metal’s best days are behind it, at least for a while.
But nothing is further from the truth. The strong demand for gold has not gone away.International investors, central banks and corporations are all looking to buy gold and these low Summer months are likely providing the best price.
Read more: http://tinyurl.com/ph27wmv
WELDON: COMMODITIES READY TO LIFT-OFF
Greg does not believe we have seen the end of the Commodity Supercycle, but merely a large correction, which he believes is finished.
Read more: http://tinyurl.com/les9rbq
GOLD, SILVER & NEWTON’S THIRD LAW
Paper Gold will soon be priced differently from Physical Gold
Read more: http://tinyurl.com/ljvgrh5