Streetwise Gold Articles
Gold Could Correct Under $1,600/oz
Source: Nu Yu, Resource Investor (12/13/11)
"The time has come to re-reevaluate the fundamentals, reality and risks for gold and silver."
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Gold Stocks: Still a Bargain
Source: Jeff Clark, Casey Research (12/13/11)
"Gold has doubled in price over the past three years while costs have not kept up, dramatically increasing the intrinsic value of a reasonably well-run gold producer."
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Are Central or Commercial Banks Lending or Selling Gold?
Source: Julian Phillips, The Gold Forecaster (12/13/11)
"The big feature of last week’s decline in the gold price has been the lending of gold into the market. Commercial banks could have been doing it, but there is evidence in the past that central banks have leased gold to cap the gold price and bring it down."
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US Real Interest Rates Indicate Gold Slightly Undervalued
Source: Sam Kirtley, SK Options Trading (12/13/11)
"We see little downside in gold looking forward. More than likely we will see a rally in the coming months as a result of U.S. real rates dropping."
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Year-End Buying Opportunities Abound in Mining Stocks: Louis James
Source: Zig Lambo of The Gold Report (12/12/11)
Christmas sales are not just for retail shoppers. Tax selling season is here, and one man's stock loss may be another man's super bargain opportunity. In this exclusive interview with The Gold Report, Casey Research Master of Metals Louis James talks about year-end investment strategies in the current market environment, factors to consider next year as the global economic situation may affect precious metals and mining stocks and some of his current year-end favorites.
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You Can't Print More Gold
Source: Frank Holmes, U.S. Global Investors (12/12/11)
Latest estimates predict global central banks will purchase between 475–500 tons of gold in 2011. This amount of capital flowing into gold has the potential to push prices up a level in 2012.
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First US Gold Coin Sold for Record $7.4M
Source: Lawrence Williams, Mineweb (12/12/11)
"'Not only is this the highest-valued gold coin in the world, but it is also one of the most iconic pieces in all of numismatics. It is not a stretch to call this the holy grail of all collectible gold coins.'"
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Top African Gold Prospects: Brock Salier
Source: Brian Sylvester of The Gold Report (12/9/11)
Brock Salier, a mining analyst with GMP Securities Europe, sees plenty of gold coming out of Africa in the coming months and years. In this exclusive Gold Report interview, he says increasing political stability, good geological prospects and governmental recognition of the benefits of mining operations are reasons to look there for growth.
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Gold Price Outlook 2012: Miners Will Shine as Prices Soar
Source: Peter Krauth, Money Morning (12/9/11)
"Besides the fact that gold stocks are set to charge upward, just based on their need to catch up to gold, we are entering the strongest time of the year for gold stock advances."
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Gold, Silver Pullbacks in Perspective
Source: Jeff Clark, Casey Research (12/9/11)
"The current 15.6% gold decline, while considered a 'major' correction, is not out of the ordinary, particularly following the late summer spike. And after each big selloff, there was a price consolidation phase that in every instance led to higher prices."
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Three Criteria for EU QE and Why It Would Be Explosive for Gold
Source: Geoff Candy, Mineweb (12/9/11)
"Gold prices jumped on the European Central Bank's announcement of policy easing, but fell back after Mario Draghi, the president of the ECB, said it would not act as a lender of last resort."
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Peru Reports Gold, Iron, Tin, Moly Production up in October
Source: Dorothy Kosich, Mineweb (12/8/11)
"Peru's Ministry of Energy and Mining reported the production of iron ore, gold, tin, and molybdenum all increased in October 2011. However, Peruvian copper, lead and zinc output all declined during the same period."
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How to Make Money in a 'Fugly' Stock Market: Bob Moriarty
Source: Karen Roche of The Gold Report (12/7/11)
Despite the "fugly" future that Bob Moriarty, founder of 321gold.com, talks about in this exclusive interview with The Gold Report, he's downright bullish on the U.S. dollar for the time being. He says it's not only a safe haven but "the best investment to be in for the last six months." As for equities, Moriarty makes it clear that he takes no pleasure in watching a company lose 25% of its value in a week when there is nothing wrong with the company. At the same time, he's alert to bargains. Any time you have the opportunity to buy cash at a discount, he advises, "throw money at it."
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Gold Rallies, ECB Borrowing Positive for European Liquidity
Source: Ben Traynor, BullionVault (12/7/11)
"Spot-market gold prices jumped to $1,737/oz Wednesday afternoon in London, as rumors of more aggressive monetary stimulus ahead of tomorrow's European Central Bank meeting continued to build."
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Gold FIX Driving the Price
Source: Julian Phillips, The Gold Forecaster (12/7/11)
"In the last week, open market prices have tried to take the gold price down only to be pulled up by the price established at the London gold fixing. There is a structural change happening, bringing the relevance of the physical market to a far more important pricing role that it has had before."
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The Catfish, Your Savings and Japan's Gold Coin Giveaway
Source: Adrian Ash, BullionVault (12/7/11)
"Greed is central to our depression's mythology. From there, the attack on capital accumulation can't be far off."
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Will Gold Help Japan Sell Debt?
Source: Eric McWhinnie, Wall St. Cheat Sheet (12/7/11)
"Individual investors will be eligible for a gold commemorative coin valued at 10,000 yen. At 15.6 grams, (0.55 oz), it would be worth about $948 based on prices for the precious metal."
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Start Thinking in Terms of Gold Price
Source: Jeff Clark, Casey Research (12/7/11)
"The only reliable way to measure the value of investments is in terms of a financial intermediary that cannot be inflated: gold."
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Gold's Fourth-Wave Consolidation Nears Completion and Breakout
Source: David A. Banister, www.MarketTrendForecast.com (12/6/11)
"As long as gold holds above $1,681/oz levels, I expect we will see a breakout north of $1,775/oz to confirm that wave 5 in gold has begun."
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New Report Confirms Gold as an Excellent Portfolio Diversifier
Source: World Gold Council, Mineweb (12/6/11)
"The relevance of gold as a strategic asset is likely to continue to grow in a world characterized by sluggish economic performance, poor investment returns, currency wars and high individual and systemic risk."
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Deflation Is Coming: Jay Taylor
Source: Brian Sylvester of The Gold Report (12/5/11)
Jay Taylor believes the biggest challenge facing the U.S.—deflation—could mean a better year, or even decade, for junior gold stocks. Taylor, editor of Jay Taylor's Gold, Energy & Tech Stocks, has ridden some equities to the bottom of this punishing market and is ready to pile more cash into small gold companies. In this exclusive interview with The Gold Report, he explains why market sentiment hasn't shaken his faith.
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Indian Gold Dealers See 'Virtually No Demand' Despite Wedding Season
Source: Ben Traynor, BullionVault (12/5/11)
"Meanwhile, political volatility looms as Merkel heads to Paris to discuss how the 17-member Eurozone might create a fiscal union."
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Silver Ready For Take-Off?
Source: Willem Weytjens, Profitimes (12/5/11)
"Commercials are generally seen as the "smart money," so if they reduce their net short position, they expect prices to rise."
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The US' Education Bubble
Source: Doug Hornig and Alex Daley, Casey Research (12/5/11)
"In the twenty-first century, intellectual capital is what truly differentiates in the job market, and what helps a country grow its economy. Investments in biosciences, computers and electronics, engineering and other growing high-tech industries have been the major differentiator in recent decades."
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Gold Stocks Should Win Regardless of Economic Turmoil: Chen Lin
Source: Zig Lambo of The Gold Report (12/2/11)
Investors focused on picking the next ailing economy have reinforced gold as the ultimate refuge if all the financial juggling fails. In this exclusive interview with The Gold Report, Chen Lin talks about the effects of risk aversion on the performance of gold stocks. While it has been a tough year for precious metals stocks, there are some very promising stories smart investors should be looking at as others decide to clean house for tax purposes.
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