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Price Of Gold At All-Time High
The price of gold keeps on rising and has hit an all-time high of $1,040.15 per ounce after the dollar loses some of its value. The last time gold hit a new high, 1,032.80, was in March 2008. Gold and other metals have become increasingly popular among investors as the dollar...
created by Annina Bergman | 7 wks ago | updated 7 wks ago
146 views | 25 recommendations | 2 comments
146 views | 25 recommendations | 2 comments
Time to buy gold
OPINION
Time to short $USD and long gold. technicals are there and fear is rising of world wide currency weakness.
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Gold firm on currency fears, rising demand FRANK TANG AND PAUL LAUENER... The Aztec's Mighty Empire Exhibition in Chicago's Field Museum
To be exposed to the grandiosity of this empire is an unforgettable experience, so rich, it's vestiges are numerous and extraordinary works of arts. Some of them available to view in Chicago from October 31,2008... Brazil's Stocks and Currency Dive as the US Shifts Its Bailout Plan
Stocks in emerging countries such as Brazil are currently a roller coaster ride for the strong hearted. If you believe the Dow, Nasdaq, and TSX are currently a roller coaster ride, take a look at stock markets in emerging countries and you'll see several very hardcore and... Long gold, long silver, a lifeline for hedge funds? « Peter J. Cooper’s We...
" Perhaps the hedge fund managers should take their cue from the central banks which are not going to be selling gold over the next 12 months as they have been over the past four previous years. Supply is coming out of the market at a time of rising demand for a hedge...Dow slumps 7% on Black Monday, gold, dollar up « Peter J. Cooper’s Weblog
" But on Black Monday only one section of the stock market showed positive results: precious metal shares which had a leveraged gain on the gold price. In the choppy waters of financial markets this week there may be a chance for late-comers to the precious metals ball to...Calm before the storm, yet again? « Peter J. Cooper’s Weblog
" In this climate the assets to hold are commodities in general, and precious metals in particular. Gold managed an eight-fold increase in the late 70s while silver soared even higher. Do not be surprised if history repeats itself, and oil prices also stay high."How to leverage gold and silver without any borrowings « Peter J. Cooper’s...
" In any rising market for precious metals, and with inflation and dollar devaluation inevitable as part of the bail-out of the American financial crisis I do not see how we can be about to experience anything else, there have to be some associated asset classes that do...Gold surges near $900 as credit crisis deepens
When bourses all over the world are tumbling people are worried about their investment options. Gold is all time favourite during the economic crisis. The metal has long been considered a safe, alternative...Historic $100 bounce in the gold price, gold as money « Peter J. Cooper’s ...
"What are we to make of the more than $100 gains in the gold price within the past 24 hours? It is certainly a historic day with the biggest movements in precious metals ever seen. But as US President Ronald Regan once commented: ‘You ain’t seen nothing yet!’"Midwest’s postflood risk: toxic basements
A flood isn't over when it's over--some environmental hazards are still lurking, and, in many cases, growing. And, as other commentators have said, Midwesterners ravaged by historic floods most likely won't get as much federal aid as those affecte by Katrina."The oil,...RBS warns of Black Monday within three months, buy precious metals « Peter J...
" In a Daily Telegraph scoop today the bank warns that the S&P 500 will fall by more than 300 points to around 1050 by September. This Wall Street crash will reverberate through Europe, Asia and the emerging markets, and amount to ‘one of the worst bear markets over...Gold heading quickly back above $1,000 and silver $22 « Peter J. Cooper’s ...
" Depressed gold and silver junior exploration stocks are the best buy but anything linked to precious metals will gain in price as the metals rise in value. Gold is a safe haven for investors and a hedge against inflation but silver generally has the better performance in a...Granville calls the Wall Street top, offers his gold tips
"Last October the 82 year old Wall Street legend Joseph Granville correctly called the all-time high for the market and pointed to a bearish future in this radio interview. At the same time he gave his tips among the gold stocks for whom a precious metals bull market beckons...Asian inflation data supports buying of gold and silver « Peter J. Cooper’...
"This is a multi-year phenomenon and only a few asset classes offer significant protection. Step forward precious metals: gold, silver, platinum, palladium and their producers, and the valuable explorers who own the land for future production."
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