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SYDNEY/TORONTO, June 10 |
Mon Jun 10, 2013 12:07pm EDT
SYDNEY/TORONTO, June 10 (Reuters) - The pain is not likely
to be over for investors in mining shares after the steepest
drop in gold prices in a generation led to a $6 billion asset
writedown ...
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8 days ago
by GoldPrice
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Investing in foreign securities involves risks, such as currency fluctuation, political risk, economic changes, and market risks. Precious metals and commodities in general are volatile, speculative, and high-risk investments. As with all investments, an investor should carefully consider his inve...
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9 days ago
by GoldPrice
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1. relative Gold chart - gold divided by its own 200 dma
The r-GOLD chart is gold divided by its own 200 dma. It has proven to be a reliable indicator in spotting major bottoms and tops for gold in the past 10 years. Recently the rGold chart bottomed out again and points towards new highs in 2...
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10 days ago
by GoldPrice
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I just finished reading Nouriel Roubini's seven point analysis on the Bursting of the Gold Bubble in which Roubini's asks and answer the question "Gold skyrocketed to over $1,900 per ounce in the fall of 2011 from $800 in early 2009, but has since collapsed by around 27%. Why?"
I offer a point-by-...
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10 days ago
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| 15 |
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Gold And Silver Price Reality Does Not Matter - COMEX Potemkin Does
Commodities / Gold and Silver 2013
Jun 08, 2013 - 07:45 PM GMT
By: Michael_Noonan
It never gets tiring to say how the market is the most reliable source of information in the form of developing mar...
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10 days ago
by GoldPrice
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10 days ago
by GoldPrice
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In contrary to the popular media pushing an idea of gold being a bubble, the reality is that the current price of gold doesn't even cover the mining cost:
http://www.marketwatch.com/story/newcrest-expects-major-writedown-on-gold-price-2013-06-06
http://www.sierraexpressmedia.com/archives/5744...
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11 days ago
by GoldPrice
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Want to see how this story relates to your portfolio?
Just add items to create a portfolio now:
...
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11 days ago
by GoldPrice
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Two weeks ago, with its current account getting crushed by relentless gold imports, India's finance minister Chidambaram literally begged the people to stop buying gold. Judging by the popular response, the ongoing physical shortage, and last night's increase in Indian gold import duties from 6% to ...
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12 days ago
by GoldPrice
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Gold rose around 1 percent on Thursday, as the dollar's sharp drop and worries about an oversold equities market prompted investors to add positions in the safe-haven metal ahead of Friday's all-important nonfarm payrolls report. After trading mostly flat earlier in the session, bullion suddenly...
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12 days ago
by GoldPrice
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