30
Mar
2009

Adrian Douglas: Why Own Physical Gold & Silver

Adrian Douglas of Market Force Analysis writes that in his experience, most ordinaly people have difficulty understanding why gold is the investment opportunity of a life time. Blaming the messenger, he explains it in simple terms, making a distinction between consumables and collectables:

Continue Reading
27
Mar
2009

Gold Investments Market Update

Gold and silver rose ($939.80 up $4.40 – Silver $13.65 up 18 cents) yesterday on deepening concerns about the dollar and fears that its reserve currency status is threatened.

Next week could see sharp moves in financial markets as the dollar’s dominance in the international monetary system is set to be questioned at the G20 Summit (Thursday, April 2nd). The US creditors in China and Russia are proposing creating a new supra-national reserve currency, thereby lessening dependence on the dollar.

Continue Reading
25
Mar
2009

Gold Investments Market Update

Gold and silver fell yesterday ($923.30 down $29.70; Silver $13.34 down 52 cents) on profit taking and renewed risk appetite which saw equities rally internationally (prior to a late sell off in the US) and the dollar rally after its recent sharp falls.

Macroeconomic, systemic and monetary risk has seen the dollar, the euro and more particularly sterling fall versus gold in recent months.

Continue Reading
23
Mar
2009

Gold Investments Market Update

It was a historic week, with the Federal Reserve opting for the “nuclear option” of money creation on a trillion dollar scale.

Gold and silver rose 2.7% and 4.5% respectively.

Continue Reading
20
Mar
2009

Gold Investments Market Update

Gold surged 8% yesterday (as is the norm, the far smaller market that is silver surged by even more and was up by 13.3%) as the shock Federal Reserve announcement led to concerns regarding the dollar and the inflationary implications of massive money printing and debasement of the currency.

The dollar has fallen sharply against all currencies and particularly against the finite commodity and currency of gold which cannot be debased.

Continue Reading
19
Mar
2009

Gold For Bread – Zimbabwe

MDC activist Sam Chakaipa returns to his village in rural Zimbabwe to find his friends and neighbours starving to death, reduced to panning gold powder from the rivers to exchange for food at an exorbitant rate.

The Guardian via Youtube:

Continue Reading
19
Mar
2009

Jim Cramer Interview on the Daily Show

Continue Reading
19
Mar
2009

Gold Investments Market Update

Gold fell in US trading hours yesterday for no apparent reason; but on the Fed announcement, gold surged by nearly 7% in afterhours access trade. Gold leapt from its session low of $884.10/oz to a high of $946.20/oz, a jump of nearly 7 per cent and silver also surged some 7%.

Continue Reading
17
Mar
2009

Gold Investments Market Update

Gold fell yesterday for the first day in 3 and was down some 0.8%. Gold was flat in Asia but has fallen again in Europe to $915/oz.

Continue Reading
12
Mar
2009

Moneyweek: UK House Prices in Terms of Ounces of Silver

Moneyweek’s Dominic Frisby writes that he is detecting a certain amount of bullishness in the UK housing market. People with cash are talking about buying to take advantage of  lower property prices and interest rates. Nevertheless, he says,

Continue Reading