Going for Gold: Stampede of the Super Rich is Under Way

Lynn On October 10, 2010 / General Market, Gold, Silver

By: Glenda Kwek, October 7, 2010 A stampede of the super rich is under way as they snap up gold to secure their wealth as the economies of the world wobble. “The most we’ve sold in the last couple of weeks for a customer’s own vault was

Gold Rises to Record on Investor Demand for Currency Alternative

Lynn On October 6, 2010 / General Market, Gold, Silver

By: Pham-Duy Nguyen and Nicolas Larkin – Bloomberg News, Oct. 5, 2010 Gold futures jumped to a record $1,342.60 an ounce as the dollar sagged, boosting demand for precious metals as alternative assets. Silver advanced to a 30- year high. The greenback fell to the lowest level

Next Stop – $50 Silver

Lynn On September 27, 2010 / General Market, Silver

(The Battle for $21 Silver is over!) Content by: James Turk and John Fisher, Chart by James Turk The battle for $21 silver is over – it has breached its highest price in 30-years. Those who were short silver are covering their losses. Those who are long

Gold is the Final Refuge Against Universal Currency Debasement

Lynn On September 27, 2010 / General Market, Gold

By: Ambrose Evans-Pritchard States accounting for two-thirds of the global economy are either holding down their exchange rates by direct intervention or steering currencies lower in an attempt to shift problems on to somebody else, each with their own plausible justification. Nothing like this has been

Tax Consequences of Selling Gold, Silver and ETF’s

Lynn On September 22, 2010 / General Market, Gold, Silver

By: Jeff Clark There’s lots of conflicting and inaccurate tax information surrounding this subject. So, what’s the real skinny on the current tax rules for selling precious metals & ETF’s in the U.S. The IRS considers gold a “collectible” and will tax your realized capital gains at

83 Analysts Believe Gold Will Go Parabolic To Between $2,500 and $15,000!

Lynn On September 20, 2010 / General Market, Gold

www.munKNEE.com; By: Lorimer Wilson – September 19, 2010 Believe it or not but I have identified 83 economists, academics, gold analysts and market commentators who have developed sound rationale as to why gold could quite possibly go to a parabolic top of at least $2,500 an ounce

$20 Silver in the Rearview Mirror

Lynn On September 16, 2010 / General Market, Silver

By: John Fisher On September 1st, 2009, I posted an article entitled “$1,000 Gold in the Rearview Mirror.” Now it’s time for silver. Silver has closed three consecutive days over $20 per ounce. Three consecutive closes are viewed as a definitive piercing of a major support/resistance level.

The Gig is Up! Is JP Morgan’s Silver Manipulation Over?

Lynn On September 15, 2010 / General Market, Gold

September 9, 2010 By: The National Inflation Association The big news in the financial mainstream media during the past week has been JP Morgan’s announcement that they will be closing their proprietary trading desks. JP Morgan is in the process of winding down their proprietary trading operations

Gold Bubble – Fact or Fiction?

Lynn On September 13, 2010 / General Market, Gold

Every day I find myself in conversations debating whether gold’s price is too high. There are a myriad of avenues by which one might address this question. Here is another perspective, courtesy of PlanBeconomics.com: So, using the Nasdaq as a guide, we see again that gold is

Silver Continues to Knock Its Head on $20

Lynn On September 10, 2010 / General Market, Silver

As I’m sure you have noticed, silver has been “hitting” it’s head on $20 for the last couple of days. This is reminiscent of when gold kept bonking its noggin’ on $1,000. Look at the following chart, and note the price points as noted by the red

Archive for the General Market Category