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 [...]
By Kishori Krishnan Exclusive To Gold Investing News Spanish philosopher George Santayana had warned: “Those who cannot remember the past are condemned to repeat it.” The same could hold true for gold. The interest in the yellow metal is based on the fact that the price of gold has risen more than $700 since 2002. [...]
By Kishori Krishnan Exclusive To Gold Investing News The writing is clear on the wall, according to some experts. Author of Gloom, Boom & Doom report Marc Faber has said the rally in the US markets is likely to continue till April-end, but was quick to add that a total collapse is seen by the [...]
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