“While we already know $750 is no magic number below which gold cannot fall or below which it cannot loiter, I take no small comfort in the fact that there is a clear increase in demand at that price. In time, as the dollar continues to ...
Gold Price Manipulation- Bear Stearns Murdered at the Golden Gates · Central Banks Panic as Bailouts Fail to Halt Stock Market Crash · Financial Crisis 2008 Similar to 1987 Stock Market Crash · UK Interest Rate Forecast 2009 ...
We close with the daily gold chart. Price has put in an ABC bottom. The RSI and MACD are positive. A close above the blue arrow sets up a target at the green arrow. My Gold Direction Indicator is at +85% this morning. ...
[Editor’s Note: Money Morning’s just-published 2009 Gold Outlook report, written by in-house gold expert Mike Caggeso, is part of our just-underway “Outlook 2009” economic forecast series. So far, we’ve published six installments, ...
The companies continue to report good earnings results even with the unnaturally low gold and silver prices. It is impossible to know exactly when the selling will stop since investors want out of the strongest performing industries ...
Commodity prices sank yet again this morning, while government bond prices rose and the British Pound plunged to a fresh six-year low on a miserable forecast for growth and prices from the Bank of England. ...
Gold, on the other hand, is off to the races this morning. The spot price is up $25, to $775 an ounce. The dollar’s failure to respond to yesterday’s decline is helping reinstill confidence in gold. Plus, the S&P 500’s and Dow’s rapid ...
London Gold Market Report. Wed, Nov 12 2008, 13:18 GMT by Adrian Ash. BullionVault.com. Dollar-Gold Price Hits 6-Session Low as Commodity Supercycle "Gets a Flat"; British Pound Tumbles on Warning of Deflationary Recession ...