WARNING: Gold Buying Rip-offs – Borrow to Buy

Lynn On January 5, 2012 / General Market, Gold, Silver

WARNING: Gold Buying Rip-offs – Borrow to Buy I continue to receive calls from investors who has fallen victim to one of the hot gold buying telemarketing pitches. The basic pitch – “You put up a little money, we’ll borrow you the rest.” These telemarketing firms promise

2012 Gold Averages: Goldman $1,810/oz, Barclays $2,000/oz and UBS $2,050/oz

Lynn On January 4, 2012 / General Market, Gold

By: GoldCore 2012 Gold Averages – Central banks are also almost certainly buying gold at these levels as they have been doing in recent months on corrections. Absolutely nothing has changed regarding the fundamentals driving the gold bull market despite this most recent sell off. Indeed, the

Beijing to Diversify Out of Euro & Dollar

Lynn On December 28, 2011 / General Market, Gold

By: Reuters “The Chinese government should not only be cautious of the imported risk caused by rising global inflation, but also further optimize its foreign-exchange portfolio and purchase gold assets when the gold price shows a favorable fluctuation,” said Zhang Jianhua, director of the research bureau

Gold Price May Fall Under Year-End Selling, But Fundamentals Sound – HSBC

Lynn On December 14, 2011 / General Market, Gold

By: Kitco News- 14 December 2011, 9:10 a.m. (Kitco News) -Gold Price May Fall Under Year-End Selling: Year-end activities may be weighing on gold prices and the recent weakness does not necessarily reflect underlying fundamentals, says HSBC. The bank says some macro hedge funds are selling gold

Where is Gold Headed in 2012

Lynn On December 8, 2011 / General Market, Gold

By: The World Gold Council Watch this 7 minute video by the World Gold Council for their prognosis for gold prices in 2012 to determine where gold is headed: Click here for the World Gold Council Q3 2011 Summary Video The World Gold Council is the global

Morgan Stanley Defies JP Morgan Short Position – Says Prefers Gold & Silver in 2011

Lynn On December 1, 2011 / General Market, Gold, Silver

Morgan Stanley Defies JP Morgan Short Position (Reuters) Wed Nov 30, 2011 1:30am EST – Morgan Stanley defies JP Morgan short position and said it prefers exposure to gold, silver and livestock in the coming year, as such commodities perform well in a global economic slowdown. The bank’s

Can Gold Save the Eurozone?

Lynn On November 23, 2011 / Daily Market Watch, General Market, Gold

Can Gold Save the Eurozone? By Catherine Tymkiw, November 23, 2011 (CNNMoney) — With no end to the eurozone debt crisis in sight, there has also been no end to the stream of possible solutions. The latest involves using gold as collateral. The real question is can

Two Ways to View Gold – Right and Wrong

Lynn On November 7, 2011 / General Market, Gold, Silver

Two Ways to View Gold – Right and Wrong By: Nick Barisheff There are two ways to view gold – right and wrong ways that is. The first is the Western way, viewing gold through the lens of fiat currency training. This view sees gold as a

Analysts Raising 2012 Forecasts

Lynn On October 26, 2011 / General Market, Gold, Silver

Analysts Raising 2012 Forecasts By: Ross Norman Far from lowering their 2012 gold price forecasts in the light of recent volatility, many mainstream analysts have actually been raising their predictions for the year ahead seeing unchanged fundamental support. Analysts raising 2012 forecasts affirms that bullish views are

World Market Wrap Up

Lynn On October 13, 2011 / Daily Market Watch, General Market, Gold, Silver

World Market Wrap Up By: Chuck Butler Here is the recent World Market Update. The dollar has been sent to the woodshed, and the selling has been something that mirrors the buying it saw a couple of weeks ago! The Euro has just reached 1.38. What turned

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