On Friday, January 5th gold dropped nearly $20 while silver slid 60c. Those huge drops had all the earmarks of a selling climax, and I said so at the time. See my January 5th and …
Gold reaches a major turning point
Category: Gold
Is copper the key to the gold price?
2007 started off badly for base metals: copper fell 10% in the first week of the New Year before recovering slightly, lead declined by 7%, nickel by 9% (but has since recovered) and zinc dropped …
Could you profit from gold coins?
The gold bull-market may look to have lost some of its sheen over the summer, but if you are worried about the global economy, inflation, war – or, indeed, about the bad things in the …
The dark side of diamonds
What are conflict diamonds? They are illegally mined or smuggled diamonds used by criminals or organised rebel fighters to finance serious crime or armed conflict. Most diamonds are mined from deep-shaft pipes of kimberlite in …
What key commodities tell us about the economy
Copper is sometimes called Dr Copper, it is considered to be the most important of all of the industrial metals, its price action is a pointer to future global economic activity. We publish an up-to-date …
A potential threat to the gold price?
Gold is up $40 an ounce (6.6%) since November 1st and rose $7.38 an ounce just in the last week alone. Since November 1st the Dollar has fallen 4.60% against the Euro, 3.99% against the …
Tracing dollar trouble back to Bretton Woods
The year was 1944. For the first time in modern history, an international agreement was reached to govern monetary policy among nations. It was, significantly, a chance to create a stabilizing international currency and ensure …
Why the price of gold is set to rise
Demographers predict that by mid-century, the number of people age 65 and over will increase from 7% to more than 15% of the world’s population. This will be much higher in OECD countries. It is …
Gold is the odd commodity
Gold, silver, their shares and the resource shares have finally started to rise. It took a while and for many, the five month correction from May to October seemed endless. Granted, this correction was the …
How to profit from the next stage of the gold rally
The most profitable stage of the gold rally – stage three – has not yet begun. The first stage of the recent metals rally began in 2002. That’s when the world lost faith in the …