By Kishori Krishnan Exclusive To Gold Investing News Ho…Ho…Ho…and you thought gold was hot, and that your passion for the king of metals would give you enough reason to cheer, by the end of the year? You thought wrong. If the Dubai crisis has not helped shape your mind about the economic train wreck headed [...]
By Kishori Krishnan Exclusive To Gold Investing News The gold bugs are running scared. Unable to trade, lacking any clear direction, they have turned cautious and prudent. They are clearly running for cover. News of Abu Dhabi’s largesse gave an instant boost to Asian bourses. Not so for Greece, with its deteriorating public finance situation. [...]
By Kishori Krishnan Exclusive To Gold Investing News Its all in good faith. To get the US economy back on track. President Barack Obama is expected to meet with chief executives of 12 major banks on Monday and is expected to urge them to lend more money to help promote economic recovery. Monday’s discussions of [...]
By Kishori Krishnan Exclusive To Gold Investing News We would love to say we told you so…that gold, which was soaring to giddy heights, was all set to slump. It did. On Friday. Gold price, which has been trading at record levels lately, had its biggest one-day drop in a year Friday. The yellow metal [...]
By Kishori Krishnan Exclusive To Gold Investing News It is sure to burst. Any time soon. The gold bubble that has got investors pouring in over $12 billion this year into the SPDR Gold Trust (GLD), the big exchange-traded fund, has not just made it top-heavy. Several market watchers say the fundamentals indicate that gold [...]
Sara Patterson is a long time market watcher and commentor. She has started a blog, titled Poke the Bear. In her latest post, she talks about gold bugs and their view on the world. There are some interesting perspectives on the markets, gold and the players in the global scene. For example: Did anyone else just [...]
By Kishori Krishnan Exclusive To Gold Investing News After hitting $1,000 an ounce last month, the gold price has since settled back to the $920 range, which still represents a more than 28 per cent increase from October, when it hit its most recent bottom near $700. The current price of gold, which was selling [...]
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