by Mary Anne & Pamela Aden,
Gold is looking good. Since its summer low of $1160 in late June, it has surged to $1,300-plus. That's around a 10% gain in less than two months, and even though gold has again broken its all-time record high, it's poised to move still higher.
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As the US dollar, the reserve currency of the world, continues to weaken, the price of gold as well as the relative value of other currencies will continue to increase. Only last week, the price of gold made another historic high as it traded above $1300 an ounce for the first time ever.
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By Frank Holmes
Dr. Martin Murenbeeld, chief economist for Dundee Wealth Economics and one of the smartest gold minds around, recently released his latest chart book – hundreds of useful visuals to help him tell the gold and commodity stories.
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Brien Lundin: Gold Revival
Source: Karen Roche of The Gold Report 09/08/2010
What do politics have to do with precious metals? A lot, according to Brien Lundin, who writes Gold Newsletter. In this exclusive interview with The Gold Report, Brien reveals how the November elections will be pivotal to gold and why President Obama's policies could provide a big boost to the yellow metal. He also shares some of his favorite producers in the sector.
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By Marc Davis, www.BNWnews.ca
A rebounding fertilizer industry and an eye-popping $39 billion dollar bid for Potash Corp. by the world’s largest mining company, BHP Billiton, are telling signals – ones that suggest that Canada’s tiny handful of potash producers and aspiring miners are ripe plums for the picking.
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Gold And Deflation
by Frank Holmes
I have been speaking and writing about gold's appeal in a deflationary environment - this is a concept that opposes the conventional opinion that the gold price will not rise without inflation.
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Source: Brian Sylvester of The Gold Report
The Gold Report: James, in a recent issue of the Midas Letter you said, "The world, according to gold, is in an absolute mess." We're not in a gold price mania, so how can the world be in an "absolute mess?"
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by Frank Holmes
Global economic conditions are now favorable for gold as a safe-haven investment. The U.S., Western Europe and Japan are close to buckling under the weight of their sovereign debt loads, government budget deficits remain large and persistent and, as a result, faith in major paper currencies is low.
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By MarcDavis,
www.Top40GoldStocks.com
and www.BNWnews.ca
In a jittery stock market, the only gold stocks that investors should own are for companies that really do have the goods. This is the consensus view among various gold investment industry commentators and analysts.
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By Marc Davis, www.BNWnews.ca
Several delegations of high-powered Chinese investment consortiums, government representatives from Beijing, and state-run mining companies have in recent weeks visited Western Potash Corp. (TSX: WPX) (FSE: AHE).
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By Marc Davis, www.BNWnews.ca
With gold prices continuing to shine as the fragile global economic recovery falters yet again, equally buoyant silver prices have given the mining industry considerable impetus to increase production. But that’s simply not happening.
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By Marc Davis, www.BNWnews.ca
Latin America represents the world’s last great mineral frontier for prolific gold discoveries due to its vast land mass and its geologically fertile terrain. This is proving to be a godsend for some lucky investors, while others have seen their luck turn to shattered dreams.
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By Marc Davis, www.BNWnews.ca
With bullion prices at all-time highs and world-class gold discoveries becoming ever more elusive, the investment industry is gambling increasingly sizeable sums of money on major mines-in-the-making. A recent example of this new trend involves Exeter Resource Corporation (TSX.V: XRC) (NYSE-A: XRA). Specifically, a handful of top-tier investment banks snapped up the high-flying mining junior’s CDN $57.5 million equity financing last month in less than 24 hours.
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By Marc Davis, BNWnews.ca
Since the overhaul of Argentina’s protectionist mining laws in 1993, gold production has seen a parabolic rise from a paltry 36,000 ounces to 1.40 million ounces in 2008. (Data for 2009 has not yet been made public). This makes Argentina the third most prolific producer in Latin America. Only Peru and Brazil posted better numbers at 5.78 million ounces and 1.55 million ounces of gold, respectively.
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By Marc Davis, www.BNWnews.ca
These are boom times for Vancouver-headquartered New Gold Inc. (TSX: NGD (NYSE-AMEX: NGD). Indeed, this emerging mid-tier gold producer has gone from strength to strength over the last couple of years.
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Peter Krauth, Money Morning
And China will play a huge role in doing so.
The Statue of Liberty is one of the most recognizable American icons in the world.
And as she towers 305 feet above Ellis Island, what's Lady Liberty wearing? Copper - 60,000 pounds of it.
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By Marc Davis, www.BNWnews.ca
The race to build up Canada’s potash supplies to keep pace with burgeoning global demand is turning Saskatchewan’s tiny handful of junior potash explorers into ripe plums for the picking.
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By Marc Davis, www.BNWnews.ca
As the gold market continues its lustrous trend, the corporate elbowing and shoving to get at the richest buried treasures is getting increasingly cutthroat. A prime example involves northern Chile’s clutch of mostly prolifically sized gold/copper deposits.
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By Marc Davis, BNWnews.ca
Central banks – the long-time nemesis of the gold sector – are doing an about-face to become its biggest supporters. And this quantum shift promises to gather momentum in 2010 with the prospect of a new era of net buying continuing to fuel robust demand for bullion.
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by Mary Anne & Pamela Aden
Happy New Year. The year is drawing to a close. And what a year it’s been, filled with twists and turns, some surprises, thrills, excitement, history and some disappointments too, all topped off with gold skyrocketing in its biggest monthly rise in a decade.
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By Marc Davis, www.BNWnews.ca
With bullion prices at all-time highs and world-class gold discoveries becoming ever more elusive, the investment industry is gambling increasingly sizeable sums of money on major mines-in-the-making.
[read more]
by Marc Davis, BNWNews.ca
Silver may yet outshine gold in 2010 as spot prices for the white metal respond to the prospect of a surge in industrial demand. With a little additional help from investment demand, silver may even rally into the $25 an ounce range
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by Marc Davis, BNWNews
As the world’s key gold producing nations struggle mostly in vain to replenish dwindling below-ground supplies, Mexico is bucking the trend in a big way.
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By Marc Davis, BNW News
Gold prices will surge to unprecedented new highs in the event of a military showdown between Western powers and Iran. This is the consensus among various leading investment industry forecasters.
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by Marc Davis, BNWNews
Only a tiny handful of huge gold discoveries have been made worldwide in the last decade, which experts say is because virtually all the juiciest low-hanging fruit has been picked some time ago. And this new reality promises to help edge bullion prices increasingly higher.
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By The Economist
A weak dollar explains gold’s rise.
Gold fascinates investors. The latest surge in bullion—nominal prices this week topped $1,050 an ounce, a record—has generated headlines that would not have been seen if nickel had reached a new peak.
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by Marc Davis, BNWNews
Gold will soon become the next global asset bubble now that pivotal global economic events are finally converging to propel its ascent into record territory. This is the most recent consensus shared by many key business leaders who have the most at stake.
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by Marc Davis, BNWNews
Gold will soon become the next global asset bubble now that pivotal global economic events are finally converging to propel its ascent into record territory. This is the most recent consensus shared by many key business leaders who have the most at stake.
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By Peter Schiff
Like a battering ram in a medieval siege, gold keeps hammering away at the gate. For the third time in less than twelve months, the yellow metal is once again crashing into the $1,000 per ounce level.
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by Frank Holmes
We’re heading into September next week, so it’s a good time to revisit the historic seasonality of gold and gold stocks.
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