The good news is that the gold market continues to consolidate above $600/oz building the sort of base from which it would be reasonable to expect a test of the recent high of $730/oz. The …
Good news for gold bugs
Category: Gold
What inflationary pressures mean for gold
Commentators like Andy Xie of Morgan Stanley (who wrongly beat the drum for a speculative oil price collapse in 2005) think inflation pressures will be a problem for the next few years and that central …
Why gold and energy are still the best investments
It is unusual, when reviewing the financial markets, for a fortnight to make a great deal of difference; long-term trends, once established, tend to continue until they end which usually takes years. This highlights one …
What Japanese rate rises mean for gold
Gold’s 5% increase last week was generally attributed to escalating tension in the Middle East yet at the same time the Gold Fields Mineral Services (GFMS) Base Metal Index rose 7.8%. Base metals should not …
Why gold is a good long-term investment
Gold is now back above $650/oz at the time of writing. At that level, the price has recovered more than 50% of the sharp losses from earlier this year. There is no doubt in our …
How rising interest rates will boost gold
The US dollar, rather like the world’s stock markets, is hanging in there in a state of suspended animation that surely cannot continue. Gold’s strength stands out as a clear indicator that a lot of …
What will a dollar slump mean for gold?
As anticipated the US Federal Reserve raised the overnight interest rate on Thursday by one quarter of a percent to 5.25%. Instead of rallying on the news the dollar plummeted. In the accompanying statements the …
Sounds mad, but is it time to invest in the Dem. Republic of Congo?
The DR Congo has hit rock bottom – and it’s time to pile in. Some readers may think our recommendation of the DR Congo was crazy. After all, isn’t Central Africa in a shambles? A …
Is gold’s bull market back on track?
The oil price has risen for seven consecutive days. What we have here is a bull market close to its recent high. Demand from the US driving season has started and the hurricane season is …
The best way to profit from the gold bull
The gold bullion price has recently fallen from $730oz to $630oz. That decline is, in the scheme of things, quite orderly. The price today is still well above the prevailing trend. The adjustment in the …