Skeptik

Gold: What It Will Take to Overcome $1000

Logic is solid,patience will be rewardet.

The Nature of the Current Market Rebound

Very well written, not to many words but facts.

Pullback on Monday?

Not only TO in play now::
seekingalpha.com/artic...

Fed Monetizes Debt Leading Investors to Embrace Gold

Yes, the Fed increased their Holdings of US Treasury Bonds and Notes by $2.423 billion during the week, with $921 million of net new purchases of Treasury Notes within the 5-Year, and 10-Year, ‘maturity distribution’.


On Feb 02 03:43 PM Larry Livingstone wrote:

> Boris, I don't see any purchases on treasuries in the last report...only
> a deduction of $181 mil versus last week...in fact, over the last
> year, treasury holdings by the fed have been going down...with the
> fed I have learned that it is more important to watch what they do
> rather than what they say...(note how they are only purchasing MBSs
> at a rate of $50B a year versus a $500B commitment....)
> www.federalreserve.gov.../

Central Banks Battle the Deflationary Spiral

A good article !!!

Gold: Buy Signal Approaching

Indian demand:Huge demand for India gold as prices stay soft
Thu Jul 24, 2008 3:29pm IST
MUMBAI (Reuters) - India's gold prices eased further on Thursday as weak crude oil eroded the value of the metal as an inflation hedge, and local buyers reacted with heavy purchases, dealers said.

"There is a huge demand... in the last couple of days alone 10 tonnes may have been sold all over India," said Prithviraj Kothari, director of Riddisiddhi Bullions Ltd.

Foreign gold, that guides the local market, rebounded from a two-week low on bargain hunting as crude oil stabilized after steep drops from its all-time highs this month.

In the local market a stronger rupee made gold softer, keeping it well under the 13,000 rupees per 10 grams mark, perceived as too expensive.

Investors, women and jewellers were thronging Zaveri Bazaar to buy gold, said Jitendra Kantilal of Jugraj Kantilal & Co, a prominent trader in Mumbai's Zaveri Bazaar.

"They are buying coins and bars... mostly 100 gram bars for investment," said Kantilal.

But consumers haven't given up hopes of more dips, said D.P. Naresh, a wholesaler in Bangalore.

"There is a lot of appetite for prices at lower levels," said Naresh. "At $915 an ounce, there would be huge interest."

India's lean season for gold purchases is set to end in another month after which festivals and weddings are expected to spur demand for the yellow metal.

Emerging Metal Producers Contain Significant Unrecognized Value

Some juniors are cheap, others - not so much. The best place I've found for comparing gold/silver juniors is Resource Stock Guide. I recommend registering...

www.resourcestockguide...|1|4|0|0|33|0

Hecla Mining: Best Valued Silver Producer

According to Resourcestockguide.com data First Majestic Silver Corp and Silverstone Resources Corp are cheaper and have no exposure to base metals

Yield Spreads, Financials and Gold

Your analysis was just in time... bull's eye... congrats! Look at what's happening today:
S&P cuts investment bank ratings including Merrill, Lehman and Morgan Stanley
- JPM and BAC outlook revised to negative; Citigroup rating affirmed
- S&P cites potential for more write offs and prospect for continued investment banking weakness
- MER and LEH counterparty credit cut to A from A+, MS counterparty credit cut to A+ from AA-

Yield Spreads, Financials and Gold

Your analysis was just in time... bull's eye... congrats! Look at what's happening today:
S&P cuts investment bank ratings including Merrill, Lehman and Morgan Stanley
- JPM and BAC outlook revised to negative; Citigroup rating affirmed
- S&P cites potential for more write offs and prospect for continued investment banking weakness
- MER and LEH counterparty credit cut to A from A+, MS counterparty credit cut to A+ from AA-