Gold slipping in the wake of the Fed's even easier policies doesn't surprise Uri Landesman, who sees a dramatic correction ahead. The metal performs best as a "flight to quality," he argues, and the Fed moves take that bid away. His downside target next year is $1,400/oz. [View news story]
Wow. How do you get to the conclusion printing sends gold down?! Pass the koolaid and double soma!
Gold futures dropped more than $40/oz., in their fourth straight weekly loss, to settle at $1,675 after the nonfarm payrolls report. “With the uncertainty of the presidential election looming, gold needed a very bad employment number... to cause the Fed to ramp up its QE operations," Gold Newsletter's Brien Lundin says. Miners are lower too: ABX -2.7%, GG -4.5%, NEM -6.8%, AU -2%, AUY -4.6%. [View news story]
Its always darkest....before it goes completely black. I think more downside....just a little....then after we get ensconced in an a complete election debacle we may see some rise.
Newmont Mining (NEM) expects to report negative free cash flow through 2013 as it expands production and gives more cash to shareholders, execs say in a conference call. CEO Richard O'Brien defends NEM's efforts to expand production, saying that in the mining industry, cost savings efforts could come back to haunt companies that fail to invest to replace the gold they take out of the ground. [View news story]
Its always darkest....before it goes completely black.
Avi where are you? What do you think of the August movement...is this the real deal or another set up for a core sample?? Inquiring minds want to know. Hope all is well.
An Options Play On SPDR Gold Shares GLD [View article]
Ok, so its really a rising triangle within a declining channel (Allen). So I say we are at an inflection point...has to break rather soon, which way will probably be signification in either direction.
Food and water scarcity: Call it an alarmist's investment theme for the future. As weather conditions induce a "supply shock" across much of the agricultural spectrum, commodity and natural resource investors insist that it reinforces the thesis that the world's resources are being stressed to the breaking point. “You can’t triple a population in a lifetime without consequences,” says Jeremy Grantham. Supply simply can't keep up with demand, and our hungry and thirsty world just keeps growing. [View news story]
Is Silver Finally On Its Way To $40-$50? [View article]
This has been a robust string. Can it keep going? Here are my 2 cents. We are in such uncharted waters traditional analysis is becoming untenable....including EW analysis? Reason: the free market is no longer free....? Thoughts.
Silver: Is This The Final Move Lower? [View article]
Silver: A 26 Handle Is Not Out Of The Question [View article]
Is $22 Silver Possible? [View article]
Silver: Are We Going To $60 Or $22 Next? [View article]
Gold slipping in the wake of the Fed's even easier policies doesn't surprise Uri Landesman, who sees a dramatic correction ahead. The metal performs best as a "flight to quality," he argues, and the Fed moves take that bid away. His downside target next year is $1,400/oz. [View news story]
Gold futures dropped more than $40/oz., in their fourth straight weekly loss, to settle at $1,675 after the nonfarm payrolls report. “With the uncertainty of the presidential election looming, gold needed a very bad employment number... to cause the Fed to ramp up its QE operations," Gold Newsletter's Brien Lundin says. Miners are lower too: ABX -2.7%, GG -4.5%, NEM -6.8%, AU -2%, AUY -4.6%. [View news story]
Newmont Mining (NEM) expects to report negative free cash flow through 2013 as it expands production and gives more cash to shareholders, execs say in a conference call. CEO Richard O'Brien defends NEM's efforts to expand production, saying that in the mining industry, cost savings efforts could come back to haunt companies that fail to invest to replace the gold they take out of the ground. [View news story]
Gold: One More Drop [View article]
Gold: One More Drop [View article]
Gold: One More Drop [View article]
An Options Play On SPDR Gold Shares GLD [View article]
How to Play Schiff's $5,000 Gold Prediction [View article]
Food and water scarcity: Call it an alarmist's investment theme for the future. As weather conditions induce a "supply shock" across much of the agricultural spectrum, commodity and natural resource investors insist that it reinforces the thesis that the world's resources are being stressed to the breaking point. “You can’t triple a population in a lifetime without consequences,” says Jeremy Grantham. Supply simply can't keep up with demand, and our hungry and thirsty world just keeps growing. [View news story]
Is Silver Finally On Its Way To $40-$50? [View article]
Is Silver Finally On Its Way To $40-$50? [View article]