Monthly Archives: July 2008

31
Jul
2008

Gold Investments Market Update – Sir John Major and John Williams Say True Inflation at Some 10% in UK and US

Gold

Gold finished trading in New York yesterday at $903.00, down $14.00 but silver was up 5 cents to $17.35. After sharp falls in early trading in the COMEX yesterday (some of which was due to large stop loss sell orders being triggered around the $900 mark) gold rose to close only down some 1.5% on the day. Silver in similar volatile trading surged from interday lows to close higher.

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30
Jul
2008

Gold Investments Market Update – Never Catch a Falling Knife

Gold

Gold finished trading in New York yesterday at $917.00, down $10.70 and silver was down 10 cents to $17.30. Gold rose slightly in Asian trading before falling.

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30
Jul
2008

Only the fittest SMEs will survive the coming recession

its a cutthroat world out thereSmall to medium enterprises are the life blood of modern economies. In Ireland for example, up to 56% of the national workforce is employed in by Small to Medium Enterprises, that is to say companies that employ less the 250 employees and would include local industries and mom and pop business outfits. From the United States to Germany and beyond small to medium enterprises are responsible for a large component a countries transactions, employment, provision of goods and services and general day to day activities and are critical to the health of any economy. Given the increasingly uncertain economic climate critical questions must be asked – How can these critical and indigenous industries survive a rapid economic contraction – can they react to a swift fall off in demand for goods and services; do they have the management skills and Management Information Systems to not only recognise the problems but be able to formulate a cohesive response; how robust are their finances; how flexible are their employees? Concerns are growing that with the economic success enjoyed by many countries over the past ten years we have inadvertently created a weak and desperately soft underbelly – That is to say we have forgotten how to manage our business competently. Many small businesses have grown lazy and despondent and lack the management skills needed to properly navigate their business through difficult times.

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30
Jul
2008

The ‘lalalalalalalalalala’ Effect

Hear no evilBrowsing through digg this morning I notice an article titled 9 ways you can take advantage of this “terrible” economy.It’s currently riding high in the digg popularity stakes with just shy of 1000 diggs.

It is, I think, a great example of what I choose to call The lalalalalalalalalala Effect – named after the sound one must make

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29
Jul
2008

Gold Investments Market Update – Financial and Economic Crisis Deepening as House Prices Continue to Fall

Gold

Gold finished trading in New York yesterday at $927.70, up $1.30 and silver was up 8 cents to $17.40. Gold rose slightly in Asian trading before falling.

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28
Jul
2008

Gold Investments Market Update – Option Markets Point to $1,200 Gold in the Coming Months

Gold

Gold finished trading in New York on Friday at $928.40, up $6.00 and silver was up 12 cents to $17.34.

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25
Jul
2008

Gold Investments Market Update – Swiss Central Bank Gold Sales Minimal due to Likely Increasing Demand from Sovereign Wealth Funds and Many Central Banks

Gold

Gold finished trading in New York yesterday at $922.20, down 50 cents and silver was down 16 cents to $17.22. Gold has rallied in Asia and in early European trading.

While oil is up slightly and the dollar is down slightly, gold is likely to be up on bargain hunting and safe haven buying.

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24
Jul
2008

Gold Investments Market Update – Gold Nearing Traditional Summer Lows Prior to Rallying Strongly into Autumn – Important Charts

Gold

Gold finished trading in New York yesterday at $922.70, down $25.50 and silver was down 55 cents to $17.38.

Gold has rallied in Asia and in early European trading with bargain hunting buying. Traders and investors with more medium to long term horizons realise that the speed and depth of the sell off is overdone. Especially as none of the fundamental macroeconomic or geopolitical issues have disappeared or even abated.

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23
Jul
2008

Gold Investments Market Update – U.S. Bankruptcy To Become A Foregone Conclusion?

Gold

Gold finished trading in New York yesterday at $948.20, down $15.20 and silver was down 44 cents to 17.93. Gold continued to fall in Asia and in early European trading it is down by nearly 1.3%.

Gold was due a correction after its recent surge in price and remains up some 6% in the last month (from $882 to $935) unlike oil and the majority of stock markets (which are down by similar amounts).

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22
Jul
2008

Gold Investments Market Update – Gold Analysts Revise Up Gold Price Forecasts

Gold

Gold finished trading in New York yesterday at $963.40, up $7.00 and silver was up 25 cents to $18.37. Gold traded sideways to slightly up in Asia before rising in early European trading by nearly 1%.

Gold remained firm and the dollar was under steady selling pressure for much of the day yesterday and remained so overnight as markets reacted to a bounce in oil prices and a raft of dismal earnings reports from a number of leading U.S.

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