Flight To Gold And The Dollar Due To Europe’s Mistakes

Europe’s mistakes have compounded to put the single currency in serious jeopardy with a growing risk of a break up resulting in a flight to gold and the dollar.

Europes Bad News Pushes Gold Up

Spot Gold is hovering around $1164 an ounce just before the New York opening this morning. If gold is breaking out then this week’s news is certainly helping it on its way. The bad news from Europe, with Greece relegated to junk bond status and the spotlight turning on the other Euro land basket cases, [...]

Are You Wondering Whats In Store For Gold?

Gold, silver, platinum, palladium are all having a good week as risk aversion, the fragile Euro and an indecisive dollar leave investors wondering what the next few weeks have in store.

Technical Analysis Signals Gold Breakout

Technical analysis targets gold breakout to $1250 an ounce signaled by developing reverse head and shoulders pattern.

Gold Fails To Advance – Find Out Why

Not for the first time have our expectations been dashed as gold and its sidekick, silver, failed to advance this week.Two factors conspired to have proved us wrong, at least on the surface. Both the strengthening of the dollar against the euro and GB pound as the dollar index improved and that an options expiry occurred on Friday.

Gold Shows Signs For Bullish Optimism

At first glance it looks as if gold has not done a lot this week but looking beneath the obvious there are encouraging signs for bullish optimism. Since the plunge earlier this month there have been indications that could be interpreted that the gold bull market may be coming to an end.

Gold And Silver Sink

From a peak of over $1220 an ounce at the beginning of December the spot gold price has sunk today to just $1080 an ounce, with silver following suit from touching $19.50 an ounce to below $17.00 an ounce.

Gold and Silver Set To Go Off With A Bang

Gold and silver have started the shortened US trading week with a bang.
Gold has powered through $1005 and as we write (03:50 EST) and has touched $1006.50.
Silver has fared even better with a 3% rise since Friday’s close to $16.75 an ounce.

Ben Bernanke’s Four Options

US Fed Chairman, Ben Bernanke, tells us that slack in the economy will tend to suppress inflation and that he has four options for removing excess liquidity.

Gold, Silver and Platinum All Fall

Gold, Silver and Platinum all fall to two month lows before gold crawls back from below $906 an ounce to $914 an ounce in Thursday’s NY morning trading.

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