Nov. 5 (Bloomberg) — James Steel, an analyst at HSBC Securities (USA) Inc., discusses the outlook for gold prices. He speaks with Pimm Fox, Scarlet Fu and Sara Eisen on Bloomberg Television’s “Surveillance.” (Source: Bloomberg)
Take Note: Don’t Say You Weren’t Forewarned!
November 3rd, 2012 It is relatively easy to predict further commodity price inflation as a result of the massive money printing going on worldwide and that hard assets, not paper assets, will help protect purchasing power but it is much more difficult to project where else this money printing leads and to what extent a crash is [...]
CHINESE & INDIA SILVER DEMAND TO REACH ALMOST 12,000 METRIC TONNES IN 2012
OCTOBER 25, 2012 BY THE DOC By SRSrocco: According to this GoldCore article posted on SD this morning, the Chinese silver demand will hit 7,700 metric tonnes in 2012. Last year India’s silver demand was 4,000+ metric tonnes. We can safely assume they should have about the same figure in 2012. This means Indian and Chinese silver demand alone will account [...]
Get Ready: Everything Is Going to Cost More Next Year
Published: Thursday, 25 Oct 2012 By: Reuters Consumers will have to dig deeper into their pockets next year to pay for costlier health care, more expensive grocery bills and higher taxes, an extra drag on the country’s already slow-moving economy. Getty Images The additional outlays look set to test the resilience of consumers, whose spending accounts [...]
Sprott’s Charles Oliver Sees Momentum Building for Gold and Silver
JT Long of The Gold Report (10/24/12) Sprott’s Charles Oliver says it’s a great time to be heading up a precious metals fund. Gold and silver companies are trading at spectacular valuations, quantitative easings by the governments of the world are poised to strengthen the metals’ prices even further, and more bargains could be had soon if [...]
The Fed Just Guaranteed $6 Gas & $4000 Gold
OCTOBER 24, 2012 Damon Geller Now that QE3 has arrived, it’s more obvious than ever that a few powerful men have hijacked our economic, financial and political structure. And here’s a news flash: They aren’t socialists or capitalists. They’re criminals. The latest round of stimulus policy by the head printer-in-chief, Ben Bernanke, and the Fed is stunning [...]
Physical gold and silver needed to weather the coming financial tsunami – Levenstein
David Levenstein says the only way to survive the coming financial tsunami is to hold physical gold and silver. Author: David Levenstein Posted: Thursday , 11 Oct 2012 JOHANNESBURG - After trading within a hair of $1800 an ounce last week, gold prices have met with some resistance and have pulled back slightly. As the yellow [...]
Daily Pfennig: A Good Time For Gold & Silver
Chuck Butler, President, Everbank World Markets October 10, 2012 In This Issue. *Greek protests remind markets of problems. *Swedish Industrial Production is strong. *Aussie Consumer Confidence bounces. *CFTC to appeal judge’s ruling on position limits. And, Now, Today’s Pfennig For Your Thoughts! A Good Time For Gold & Silver. Good day. And a Wonderful [...]
Why Jobless Claims May Not Be as Good as Market Thinks
Published: Thursday, 11 Oct 2012 By: Kelly Evans CNBC Reporter For the second time in a week, a government unemployment report is sowing confusion—and may not be as positive as the markets think. Spencer Platt | Getty Images First it was last Friday’s August payrolls report, which showed an unexpectedly large drop in the unemployment rate, that [...]





Get Ready for Cheap Money ‘Run Amok’: Rogers
By: Javier E. David Investors should prepare for rising prices and more expansionary monetary policy now that President Barack Obama has won re-election, investor Jim Rogers told CNBC on Tuesday. ChinaFotoPress | Getty Images Jim Rogers Just moments before Obama was projected to prevail in his bid for a second term against Republican challenger Mitt [...]