Monthly Archives: May 2008

30
May
2008

RTE Primetime: Financial ‘Advice’ Exposed

Following the Thursday night RTE documentary on Irish Financial Advisers, Gold Investments’ Wealth Management Division, Wealth N, would like to issue the following statement: –

The misleading, unethical and disturbing financial ‘advice’ seen in last night’s excellent Primetime programme may only be the tip of the iceberg and we call upon the Financial Regulator to become more proactive in protecting investors, young and old alike, from the predatory, dishonest commission driven financial ad

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28
May
2008

Why the Silver Price Will Continue to Soar

Silver Coins Silver BarsPrecious metals remain the most undervalued of all the asset classes. Precious metals, and particularly silver, remain the most undervalued of all the commodities. Silver is even more undervalued than gold and is undervalued when compared to other strategic commodities such as oil.

Silver has excellent and unchanged strong fundamentals but also the technical picture for silver is textbook bullish with a continuing series of higher highs and higher lows.

Silver remains one of the most under analysed and inaccurately analysed of all the commodity markets and this creates a huge opportunity for investors who are willing to do their own research and go against the herd. Silver remains the preserve of a tiny “hard asset” demographic and the majority of investors in the western world have not got a clue what silver is, how to invest in it and why one would invest in it, let alone what it’s price and price history is. The herd have not even considered silver yet. Incidentally the herd were wrong on the NASDAQ, on property and they will be wrong on assuming that this will be another short benign recession.

Most institutions have been bearish on silver since it was above $6 per ounce and continue to be as they fail to look at the big picture supply and demand and macroeconomic fundamentals.

Silver is currently trading at just above $18.00 per ounce. Gold Investments continue to believe that silver will surpass $25 per ounce in 2008. It will likely reach its non inflation adjusted high of $48.70 per ounce before 2012 and its inflation adjusted high (as many other commodities including oil already done) of some $130 per ounce in the next 8 years.

After healthy corrections, gold and silver are again table thumping buys. Indeed it could be argued that the fundamentals for gold and particularly silver have never been as bullish as they are today.

This is due to the myriad of real fundamental macroeconomic, systemic, geopolitical and geological factors all of which are combining into what will likely create price moves that will in time make the price moves of the 1970’s look small in comparison.

The fundamentals reasons for our very bullish outlook on silver is due to continuing and increasing global macroeconomic and geopolitical risks; silver’s historic role as money and a store of value; the declining and very small supply of silver; significant industrial demand and most importantly significant and increasing investment demand.

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28
May
2008

Gold Investments Market Update – Demand for Gold as Inflation Hedge Surging in Emerging Markets

Gold

Gold’s sharp sell off yesterday (Gold closed at $907.40 down $18.60; Silver at $17.45 down 79 cents) has continued. Gold traded sideways in Asia before selling off again late in Asia and in early trading in Europe. Stock markets in Asia were mixed overnight but European markets have recovered from early losses and the FTSE is up nearly 0.5% in the session so far.

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27
May
2008

Gold Investments Market Update – Dubai First Quarter Gold Trade Jumps 73%

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26
May
2008

Gold Investments Market Update – Silver Coin Shortages and Rationing Could Spread to Entire Silver Market


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23
May
2008

Gold Investments Market Update

Gold

Gold was down 1% ($9.50 to $918.10) but silver remained firm and closed marginally lower (down $0.06 to $17.92) and profit taking on oil’s weakness was seen by many as the primary cause of yesterday’s sell off. Gold traded sideways in Asia but has rallied in early trade in Europe.

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22
May
2008

Gold Investments Market Update

Gold

Gold and silver continued to surge yesterday with gold up nearly 1% (up $8.25 to $927.80) and silver up 2% (up $0.35 to $17.97). Gold continued to rally in Asia but has succumbed to some profit taking in early trade in Europe.

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21
May
2008

Gold Investments Market Update

Gold

Gold and silver continued to surge yesterday with gold up 1.6% and silver up over 4%. They have continued to rally in Asia and early trade in Europe.

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21
May
2008

Buffett, Soros Refute ‘Credit Crunch Over’ Mantra: Market Pays Heed

It ain’t over til it’s over.

That was the message from investing legends Warren Buffett and George Soros yesterday, and the market is taking heed today.

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20
May
2008

Gold Investments Market Update

Gold

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