Posts Tagged ‘
ABX ’
Jan 6th, 2009 |
By Ed Steer |
Category: Financial News
Just like Friday morning, gold blasted out of the starting gate as soon as Globex trading began in the Far East on Monday morning. And just like Friday morning, this price spike ran into a wall of selling that went on for about four hours. Then there was a respite until 3:00 a.m. New York time when another wave of selling commenced that lasted right through London…and until the Comex open. Then the dealers (mostly JPMorgan, I would think) pulled their bids for the third and last time…and the price of gold cratered another $10…for the third and last time. Silver really got it in the neck on the Comex open. There was nothing free market about this…this was the…
Tags: ABX, Camex, Citigroup, economics, Ed Steer, Federal Reserve, Globex, gold, government bailout, investing in gold, investing in silver, JPM, politics, silver, US Jobless Rate
Posted in Financial News |
Comments
Dec 26th, 2008 |
By Mike Caggeso |
Category: Financial News, Gold Market
Gold hit two historic milestones in 2008. First, in early March, the “yellow metal” hit its all-time high of $1,030 an ounce. Just three months later, the price of gold for December delivery had plummeted to $681 an ounce, a 21-month low and 33.9% drop from its record high. Most gold bugs were equal parts puzzled and broken-hearted.
Tags: ABX, AUY, commodities prices, Corn Futures, Food Prices, gas prices, Gdp, GLD, Global Demand, Gold Bugs, Gold Prices, Mike Caggeso, NEM, Price Of Gold, recession, Stock Markets
Posted in Financial News, Gold Market |
Comments
Dec 16th, 2008 |
By Andrew Snyder |
Category: Gold Market
Gold prices are up slightly again today, to $840 an ounce. The yellow metal has jumped sharply from $750 just weeks ago. Andrew Snyder says a declining dollar and inflation fears will likely propel gold dramatically higher next year. He recommends three ways to profit from this spike.
Tags: ABX, Andrew Snyder, GG, GLD, Gold Etf, Gold Prices, investing in gold, Jnj, safe haven investing, US dollar, Us Inflation Rate, US stocks, US Treasury Bonds
Posted in Gold Market |
Comments
Nov 17th, 2008 |
By Addison Wiggin |
Category: Financial News
Welcome to the Fantasyland issue of The 5…“Shouldn’t worry about the deficit,” assures Barack Obama… “yes we can” keep spending. Can’t balance the budget of your dreams? Call the Treasury… Atlanta’s doing it. Gold still suffering… Ed Bugos’ future fantasies for precious metals stocks. Plus, no one immune to the great housing illusion… the infamous Neverland Ranch shuts its doors.
Tags: ABX, Addison Wiggin, AIG, BAC, Citigroup, Colony Capital, credit crisis, Crude Oil Prices, Federal Reserve, FNM, FRE, GG, Gold Prices, government bailout, Hank Paulson, JPM, US dollar, US Jobless Rate, US recession
Posted in Financial News |
Comments
Nov 17th, 2008 |
By Mike Caggeso |
Category: Gold Market
The recent slump in gold prices has puzzled many investors who considered the yellow metal a safe haven. But Mike Caggeso says the inflationary impact of the government’s $700 billion bailout program could send gold soaring towards $1,500 an ounce by the end of 2009. He recommends five ways to play this coming gold bull run.
Tags: ABX, AUY, Commodity Prices, credit crisis, GLD, Gold Etf, Gold Mining Stocks, Gold Prices, government bailout, investing in gold, Mike Caggeso, NEM, precious metals, safe haven investing, US inflation, US recession
Posted in Gold Market |
Comments
Nov 13th, 2008 |
By Doug Casey |
Category: Financial News
After an ever so brief reprieve the bears returned and once again started mauling the bulls during Wednesday’s trading session on the Canadian markets. For the tale of the tape, the TSX Exchange plunged 5.32%, while the TSX Gold Index tanked 8.5% and the TSX Venture Exchange, Canada’s largest junior exploration bourse, lost 5.71% with the declining issuers outpacing the advancers by a 607 to 224 margin, on volume of 141 million shares traded.
Tags: ABX, Canadian Markets, CCJ, Doug Casey, Fording Canadian Coal, gold, Gold Prices, mining stocks, resources, silver prices, TCK, Titan Uranium, Uranium Stocks
Posted in Financial News |
Comments
Oct 17th, 2008 |
By Doug Casey |
Category: Financial News
The hemorrhaging continued during Thursday trading on the Canadian Markets as falling commodity prices had investors running for the exits yet again. For the tale of the tape, the TSX Exchange lost 0.58%, while the TSX Gold Index plunged 9.5% and the TSX Venture Exchange, Canada’s largest junior exploration bourse, fell 5.39% with the declining issuers swamping the advancers by a 668 to 247 margin on volume of 153 million shares traded.
Tags: ABX, AEM, Canadian Markets, Doug Casey, gold, Gold Prices, Goldcorp, HAT, Kinross Gold, mining stocks, resources, silver prices, VMS, YRI
Posted in Financial News |
Comments
Oct 9th, 2008 |
By Doug Casey |
Category: Financial News, Gold Market
The unified interest rate cuts that included a 0.5% reduction in Canada did little to bolster investor confidence early on, but a binge of late day buying propelled the big board into the black by the close of Wednesday trading on the Canadian Markets.
Tags: ABX, AEM, Canadian Markets, Doug Casey, EMX, Gold Prices, Goldcorp, Kinross Gold, mining stocks, silver prices, SWC, YRI
Posted in Financial News, Gold Market |
Comments
Oct 8th, 2008 |
By William Patalon III |
Category: Featured, Financial News
William Patalon III says the US economy is heading into recession and there is little the Fed or Treasury can do to stop it.
But that doesn’t mean contrarian investors can’t make a profit. History is littered with examples of investors that made a fortune during the darkest days for the economy.
William has a four-point plan to beat the bear this time round: 1) Load up on high dividend stocks; 2) Buy gold; 3) Stick to ‘global titan’ companies; and 4) Stay relaxed…
Tags: ABX, ADVDX, AUY, BA, DEO, ESKAY, FNM, FRE, GFI, KO, MCD, PEPE, PID, William Patalon III, YUM
Posted in Featured, Financial News |
Comments
Sep 26th, 2008 |
By Garry White |
Category: Gold Market
The government gravy train is at full throttle. The “big three” automakers in Detroit don’t want to be left out. They’re close to snapping up a $25 billion bailout. It’s another nail in the coffin for the dollar, according to Smart Comodities UK editor Garry White. This will send gold prices into orbit.
Tags: ABX, Ben Bernanke, Fed Rate Cuts, Garry White, Gold Prices, government bailout, Hank Paulson, investing in gold, LEHMQ, US dollar, Us Inflation Rate
Posted in Gold Market |
Comments