Browsing: Gold News
John Mauldin spoke with Steve Forbes on the future of gold and the Federal Reserve in an interview released yesterday. What he said may surprise you.
Another monetary milestone just passed: based on the monthly figures to 1st October recently released by the St Louis Fed, FMQ jumped $227bn in September to $12,176bn. What now?
Suddenly, there's a 2014 scenario that's not depressing: Let precious metals prices start to rise a bit and miners come in with lower than expected costs, and these stocks, at record lows versus their underlying metals, might have a big year.
Rick Rule, Chairman of Sprott U.S. Holdings, expressed confidence in the continued value of gold during his appearance on RT. Where is it headed next?
There is little doubt that as a brand the US dollar has taken a beating. Not only did the US suffer the indignity of airing its washing in public, not only did a ratings agency threaten to downgrade US Government debt, but also the Chinese through their official news agency Xinhua are calling for an end to dollar and US supremacy.
Gold demand is rising again... this time, to the beat of war drums.
Keep an eye on that price. Now may not be the best time to rush back in.
Keep your eye on the long-term trend. Weak prices now spell one thing: B-U-Y-I-N-G O-P-P-O-R-T-U-N-I-T-Y.
Don't listen to the media hype. Stick with gold for the long haul. If Natalie Pace is right, this summer, you’ll be happy you did.
Traders have said that the move won't put a dent in gold demand, according to a Wall Street Journal blog; gold is far too popular.