Gold outlook: flat for the year
Summary Our base-case fair-value for gold is broadly flat over the coming year, as support from rising inflation will counter the downward pressure from rising interest rates.…
gold
Gold price continues to soar
Gold has climbed to $1,370 per troy ounce this morning, its highest level since March 2014. As such it has also exceeded the high it achieved on the day when the result of the…
Hedging Versus Speculating That Metal Prices Have Bottomed
The prices of gold and most other metals have fallen sharply over the past two years, to levels at which many mining companies are financially stressed. Many of these companies do…
The Indian Government’s Moves On Gold
Faced with large current account deficits and heavy demand for foreign currency to pay for petroleum and other imports over the past several years, the Indian government has taken…
Comex Is Not Running Out Of Gold, Still
There are stories circulating in the gold market that Comex does not have enough gold in its inventories to meet hypothetical demand, that the ratio of gold in Comex depositories…
Massive Swiss gold imports
While the gold market has been inundated with talk about the massive flows of gold from New York, London, and Switzerland to China and other parts of Asia, the reality is that…
China’s appetite for gold remains insatiable
Gold is trading at around $1,245 per troy ounce this morning and is thus profiting hardly at all from what are once again extremely robust Chinese import data. According to…
David Hargreaves on Precious Metals week 38 2013
So Gold came down a thumping 5% on the week and its friends PGMs and silver, followed, three bags full. It was the now familiar double whammy of US quantitative easing (see…
Much ado about nothing
William Shakespeare titled his play this way to emphasize that it was a fluffy enjoyable romantic comedy: No King Lear. What we these days call a summer date flick. This piece…
Smart money is rightfully turning to gold
▬ HOW CAN YOU BE BEARISH ON GOLD? ▬ DIFFERENCE BETWEEN TWO GOLD WATCHERS: BUT BOTH BULLISH! Jim Sinclair is one of the most outspoken commentators on gold. In his long career…