Articles Tagged "today gold"

Dubai Downer To Stop Gold Charge

By Kishori Krishnan Exclusive To Gold Investing News This is no storm in a teacup. The desert storm racking the Persian Gulf emirate of Dubai has reverberated across the globe. And the charge of the gold bull has clearly been stopped in its tracks. On Monday, Dubai stocks sank in their first day of trading [...]

Economic Recovery Ensures Gold Party

By Kishori Krishnan Exclusive To Gold Investing News Gold mining is down in the dumps, with production decreasing around four to five per cent per year. The days of peak production are way behind us. It is a sad story on the supply side. Even if demand stays the same, there is only one way [...]

Gold comes into its own as Citigroup flounders

By Kishori Krishnan Exclusive To Gold Investing News Speculation is rife: the slumping global economy is expected to reduce demand for commodities. Investor confidence is shaken: Citigroup, the second-largest U.S. bank by assets, looks at options, including a sale of parts of the company or a merger. In the midst of all this gloom, there [...]

Crude tumbles, gold slips, demand surges

By Kishori Krishnan – Exclusive to Gold Investing News With the price of oil falling more than 60 per cent from a peak in July, Iran has converted its financial reserves into gold to avoid future problems. Iran, the world’s fourth-largest oil producer, is facing declining revenue from its oil exports after crude prices tumbled. [...]

Dull market takes shine off gold

By Kishori Krishnan – Exclusive to Gold Investing News The results are daunting. Barack Obama’s victory in the U.S. presidential election and Democrat gains in Congress did not do much for the yellow metal. Gold declined in Asia on speculation that the move would speed the dollar’s recovery against the euro. The currency climbed against [...]

First move, wrong move

 By Dave Brown – Exclusive to Gold Investing News The old trader’s maxim – First Move, Wrong Move - is often used to describe the absolute despair and euphoria which tend to coexist in the world of behavioral finance, manifesting themselves in market activity.  The observations of last week-end and the start of this week suggest that perhaps [...]

WEEKEND WRAPUP

By Dave Brown – Exclusive to GoldInvestingNews.com Friday marked the 35th anniversary of the death of the famous Austrian economist, Ludwig Von Mises, who once wrote, “do the American voters know that the unprecedented improvement in their standard of living that the last hundred years brought was the result of the steady rise in the [...]

Go West, young man

    By Dave Brown – Exclusive to Gold Investing News The U.S. Federal Reserve said it will circumvent troubled banks in order to lend directly to American corporations for the first time since the Great Depression, in addition to implying further rate cuts; combining for a blend of both traditional and more innovative approach [...]

It was the best of times, it was the worst of times…

  By Dave Brown – Exclusive to GoldInvestingNews.com “It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of Light, it was the season of [...]

WEEKEND WRAPUP

By Dave Brown – Exclusive to Gold Investing News The latest victim of the credit crunch was Washington Mutual Inc., a large Seattle based consumer and small business banking company that was established in 1889, as the Federal Deposit Insurance Corp. seized its assets on Thursday, selling some of it to JPMorgan Chase & Co. The [...]