Resources Investment to Peak at $85bn
May 16, 2013 by Gold Editor · Leave a Comment
SOURCE:[Sydney Morning Herald] – Investment in Australia’s resources sector is expected to peak at a record $85 billion this year, led by unprecedented spending in the oil and gas sector. Consulting Group Wood Mackenzie predicts spending on upstream gas will reach $48 billion this year and $50 billion in 2014, accounting for about half of [...]
Commodities: Be bullish, You’re Not Buying at the Peak
May 7, 2013 by Gold Editor · Leave a Comment
SOURCE:[The Globe and Mail] – Gold has cratered into bear market territory. Ditto for silver and copper. Aluminum is in a big downtrend too, along with its metallic cousin nickel. The price of oil has been moving sideways and agricultural commodities are well off last year’s drought-induced highs. Glance at a list of commodities, and [...]
The Hidden Factor in the Economy
April 4, 2013 by Gold Editor · Leave a Comment
SOURCE:[Kenneth J. Gerbino] – What the boys and girls at the Fed and the U.S. Capital don’t know: A hidden factor will dictate the economic future. If you are holding gold or precious metal mining shares your future is brighter than you may think. Even with all the obvious logical reasons to own these assets, [...]
Dynamic Funds Manager Rob Cohen Imagines a Gold-Centric World
March 19, 2013 by Gold Editor · Leave a Comment
SOURCE:[The Gold Report] – Robert Cohen Robert Cohen, lead portfolio manager with Dynamic Funds, has been kicking up dust at conferences and in board rooms with his “revolutionary and simple” idea that gold mining companies should hold gold on their balance sheets and use gold-based loans. But the idea is gaining traction and he suggests [...]
Gold and Silver Nearing MAJOR Long Term Support
February 21, 2013 by Gold Editor · Leave a Comment
SOURCE: [Chris Vermeulen] – Gold and silver along with their related miners have been under a lot of selling pressure the last few months. Prices have fallen far enough to make most traders and investors start to panic and close out their long term positions which is a bullish signal in my opinion. My trading [...]
Putin Turns Black Gold to Bullion as Russia Outbuys World
February 14, 2013 by Gold Editor · Leave a Comment
SOURCE:[Bloomberg] – When Vladimir Putin says the U.S. is endangering the global economy by abusing its dollar monopoly, he’s not just talking. He’s betting on it. Not only has Putin made Russia the world’s largest oil producer, he’s also made it the biggest gold buyer. His central bank has added 570 metric tons of the [...]
Commodities Rise on Strong Chinese Trade Data
January 10, 2013 by Gold Editor · Leave a Comment
SOURCE:[Global News] – Resource stocks powered the Toronto stock market higher Thursday as prices for oil and copper ran ahead in the wake of strong Chinese trade data. The S&P/TSX composite index climbed 35.58 points to 12,557.82 while the TSX Venture Exchange was ahead 9.44 points to 1,238.55. The Canadian dollar rose 0.14 of a [...]
Oil In 2013: New Era For Global Markets
December 19, 2012 by Gold Editor · Leave a Comment
SOURCE:[Forbes] – After a decade of tight energy markets and rising commodity prices, the global economy is entering a new era marked by rising oil production at high prices. Yet, the prospects of U.S. energy independence, on the back of the “shale revolution,” a move toward cleaner energy, and slowing growth across the emerging world [...]
The 12 Gold Bugs of Christmas
December 19, 2012 by Gold Editor · Leave a Comment
SOURCE: [Jeff Clark - Casey Research] – While the price of gold has languished in a trading range much of the year, leaving some investors scratching their heads, many have been buying – and in some cases, really loading up. It’s a tad puzzling that gold hasn’t broken into new highs, despite enough catalysts to [...]
The Gold Investing Bug is Catching
December 13, 2012 by Gold Editor · Leave a Comment
SOURCE: [Bullion Vault] – EVERYONE says the economy is recovering, writes Daily Reckoning founder Bill Bonner. The worriers can stop worrying, say the pundits. The US has plenty of cheap oil. Unemployment is going down. Housing is going up. This is not the time to buy gold, they say. The world is not going to [...]
