17
Jun
2008

Gold Investments Market Update – Bank of England Warns Inflation Here to Stay and to Accelerate

Gold

Gold closed at $883.20 in New York yesterday and was up $13.30;silver closed at $17.24 up 67 cents. Gold traded in a range between $880 and $890 in Asian and European trading this morning prior to selling off at the open on the NYMEX.

With oil selling off and the dollar stronger versus the euro today, gold has come under pressure. But the inflation genie is well and truly out of the bottle and central banks internationally are in an extremely difficult situation.

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13
Jun
2008

Gold Investments Market Update

Gold

Gold closed at $869.50 in New York and was down $10.50; silver closed at $16.48 down 29 cents. Gold rallied initially in Asia but has subsequently given up those gains and has fallen in Asia overnight and in early European trading this morning.

More of the same in the gold market today with gold taking its lead from oil which is down (1%) and the dollar which is up this morning (0.8% against the euro and 0.15% against sterling).

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12
Jun
2008

Gold Investments Market Update – Gold Remains Fringe and the Preserve of the Smart Money

Gold

Gold closed at $881.00 in New York and was up $13.20; silver closed at $16.84, up 27 cents. Gold has subsequently given up some of yesterday’s gains and has fallen in Asia overnight and in early European trading this morning.

Gold is again taking its cue from oil which is down and the dollar which is up this morning. This trend may continue until we get a breakout out of the recent range bound trade between $850 and $950. The breakout is again likely to be to the upside.

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11
Jun
2008

Gold Investments Market Update

Gold

Gold closed at $867.80 in New York and was down $27; silver closed at $16.57 down 58 cents. Gold has risen in Asia overnight and in early European trading this morning is up some 0.5%.

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10
Jun
2008

Gold Investments Market Update – Interest Rates to Rise Internationally to Combat Inflation

Gold

Gold closed at $894.80 in New York and was down 70 cents; silver closed at $17.15 down 22 cents. Both have sold off in Asia overnight and in early European trading this morning.

Gold’s sell off is somewhat counter intuitive given the host of positive fundamentals. However, oil selling off and the dollar strengthening again (despite increasing credit, financial and systemic risk) is contributing to gold’s weakness.

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09
Jun
2008

Gold Investments Market Update – Geopolitical Risk in Middle East Remains Ever Present but Largely Unacknowledged

Gold

Gold closed at $895.50 in New York Friday and was up $23.30; silver closed at $17.37 and was up 30 cents. In the New York Globex market gold subsequently rallied to $902.20 late Friday. Both traded sideways in Asia this morning prior to rallying higher in early European trading.

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06
Jun
2008

GI quoted in MarketWatch: Silver’s more than a sparkle in investors’ eyes

Gold and Silver FuturesGI believe all investors should have a precious metals allocation of at least 25% to silver and either buy silver outright now or should transfer from gold to silver at the earliest possible opportunity.

We believe $50 per ounce

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05
Jun
2008

Gold Investments Market Update – Gold Production Continues to Fall – Peak Gold?

Gold

Gold closed at $880.50 in New York yesterday and was down $1.80; silver closed at $16.84 and was up 5 cents.

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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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