India Gold Price at All-Time High. Why Should I Care?

Lynn On September 17, 2013 / General Market, Gold, Silver

India gold price at all-time high! Late last month the gold price in Indian Rupee hit a new all time high. The gold price in India has exploded 30% in only the last 2 months! Why? The rupee, falling by 15% against the dollar during the

Buy the Rumor, Sell the News

Lynn On September 10, 2013 / Daily Market Watch, General Market, Gold, Silver

Buy the rumor, sell the news… After a very quiet Monday in which gold only traded in an $11 range, the yellow metal has succumbed to heavy liquidation pressure today in the wake of positive developments in Syria. The following headline was released: SYRIA ACCEPTS RUSSIAN PROPOSAL

Upcoming Supply Crunch

Lynn On August 21, 2013 / General Market, Gold, Silver

There is an upcoming gold supply crunch! The World Gold Council (WGC) just released its quarterly “Gold Demand Trends” report, which examines trends by sector and geography. This report is one of the few reports available on worldwide gold supply and demand. The most critical element of

T.S.A. Expands Duties Beyond Airport Security

Lynn On August 7, 2013 / General Market, Gold, Silver

T.S.A. Expands Duties Beyond Airport Security By: Ron Nixon, New York Times As hundreds of commuters emerged from Amtrak and commuter trains at Union Station on a recent morning, an armed squad of men and women dressed in bulletproof vests made their way through the crowds. The

Selling Pressure

Lynn On August 6, 2013 / Daily Market Watch, General Market, Gold, Silver

Selling Pressure With stops being triggered overnight at the psychological figure of $1,300, gold led the precious metals complex lower. After failing ahead of key resistance at the end of July around $1,350 (the 23.6% Fibonacci retracement level of the all time high made in Sep 2011

The Market Today

Lynn On July 24, 2013 / Daily Market Watch, General Market, Gold, Silver

The Precious Metals Market Today Regarding the precious metals market today: Following Monday’s big rally, Tuesday gave us a quiet morning as the market digested the gains and drifted lower. After a few probes lower, gold found very good buying interest and took silver along for the

Gold Price Falls Fuel ‘Record’ Bullion Sales

Lynn On July 3, 2013 / Daily Market Watch, General Market, Gold, Silver

Gold price falls fuel ‘record’ bullion sales. BullionByPost (an internet retailer in the UK) said its sales hit $132,796,800 in the year to April, presenting a rise of 58 percent on the previous year. Pre-tax profits are expected to be in the region of $3,052,800, up from

The Impending Storm this Summer

Lynn On June 24, 2013 / General Market, Gold, Silver

The Impending Storm This Summer By: Chris Martenson Global financial markets are now in a very perilous state, and there is a much higher than normal chance of a crash. Bernanke’s recent statement revealed just how large a role speculation had played in the prices of nearly

In the Wake of the Fed

Lynn On June 21, 2013 / Daily Market Watch, General Market, Gold, Silver

In the Wake of the Fed What a move… in the wake of Wednesday’s FOMC meeting, risk assets across the board have sold off in a dramatic fashion. During Federal Chairman Ben Bernanke’s testimony, he stated that should economic indicators continue to improve, the Fed would be

Gold Tumbles to 2½-year Low in Fed Bloodbath

Lynn On June 20, 2013 / Daily Market Watch, General Market, Gold, Silver

Gold Tumbles to 2 1/2-year low in Fed bloodbath. By: William L. Watts and Barbara Kollmeyer, MarketWatch NEW YORK (MarketWatch) — Gold and silver futures closed at their lowest levels in more than 2 ½ years Thursday, a day after Federal Reserve Chairman Ben Bernanke said

Archive for the Gold Category