Posts tagged as:

gold price

Chinese New Year typically involves a lot of gold buying, just like the Indian marriage season in late summer and Autumn.  How much higher will the price of gold go as a result of the Chinese New Year?
This year’s Chinese New Year (or Lunar New Year) occurs on February 3rd and celebrations will last until [...]

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Oil and gold prices are ending 2010 on new near-term breakout highs.  After a post-crash slump that kept oil around $60-$68, oil broke out to the $80-85 range for much of 2010, but in December oil’s made new breakouts yet again.
Just this past week or so, oil touched through $90 for the first time since [...]

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You don’t see many analysts talking about the gold-oil price ratio.  Usually it’s the gold-silver ratio, or gold-EUR or gold-AUD and other currencies that gold is measured against.
The past two days, following the settlement of the EU-forced bailout of Ireland (Ireland itself resisted as long as it could), have seen oil prices hitting fresh 25-month [...]

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Gold prices broke out past the $1300/oz mark later in September, just as I predicted in my post on gold prices in August.  It didn’t take much market turmoil or negative market news to push gold higher – just the promise of QE lite in November and the prospect that the midterm elections will remain [...]

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At gold’s present rate of return, we’ll see gold price at at least $1400 an ounce in one year.  Remember that just a year ago gold was still testing the $1000/oz. mark.  And so this estimate of gold rising by another $200 already starts to seem conservative.  If gold’s pace of increase is quickening, we [...]

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In a surprise reaction to the weekend approval of the one trillion euro bailout of Greece (750 billion euros from the ECB and 250 billion euros from the IMF, i.e., U.S. money, i.e., China’s savings), markets remained suspicious of long-term improvement in both Greece and the Euro.
As a result, this week has seen a steady [...]

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A gold tsunami is at our doorstep.  It’s not about a bubble, trade or even a wall of fear.  It might be partly some of each of those things, but that’s because it’s much, much bigger than each of those things.  And I’m no gold bug – nor do I keep a cabin hideaway full [...]

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