The gold debate: Will gold be as good going forward

Gold bugs have spent the last ten years in the sun but, in relative terms the price of gold is rather expensive now, how much higher can it go?

Author: Regarding Capital Management
Posted:  Thursday , 02 Sep 2010
Cape Town - 

You have to choose [as a voter] between trusting to the natural stability of gold and the natural stability of the honesty and intelligence of the members of the Government. And, with due respect for these gentlemen, I advise you, as long as the Capitalist system lasts, to vote for gold. George Bernard Shaw

In truth, the gold standard is already a barbarous relic. John Maynard Keynes

While many have debated the merits of gold as an investment, one thing stands true: over the last ten years, the gold bugs have had their day in the sun. Chart 1 below shows the performance of gold, the MSCI All Country World Index of stocks, and the Barclays Capital Multiverse Index of global bonds for the last ten years, all rebased to 100, and all stated in US Dollars.

Post from: Gold News from Gold Editor

The gold debate: Will gold be as good going forward

Gold Prices to Challenge All Time High

By Bob Kirtley

03 September 2010

 www.skoptionstrading.com

 So much for a lackluster summer and the summer doldrums as gold prices increase by around $100/oz in August 2010, to close at $1251.20/oz . As the chart shows August has been a great month for gold prices setting the stage for a ‘Fall’ rally which we expect to be dramatically to the upside. The technical indicators are now in the overbought zone and we would normally expect gold to take a breather, however, these indicators have been known to stay high for prolonged periods of time.

Post from: Gold News from Gold Editor

Gold Prices to Challenge All Time High

GOLD & INVESTMENT IN FAILURE

by Jim Willie CB       September 1, 2010

home:  Golden Jackass website  
subscribe:  Hat Trick Letter
Jim Willie CB, editor of the “HAT TRICK LETTER”

Use the above link to subscribe to the paid research reports, which include coverage of critically important factors at work during the ongoing panicky attempt to sustain an unsustainable system burdened by numerous imbalances aggravated by global village forces. An historically unprecedented mess has been created by compromised central bankers and inept economic advisors, whose interference has irreversibly altered and damaged the world financial system, urgently pushed after the removed anchor of money to gold. Analysis features Gold, Crude Oil, USDollar, Treasury bonds, and inter-market dynamics with the US Economy and US Federal Reserve monetary policy.

Many observers to the wild gyrations, deep contortions, extreme measures, and other bizarre activity in the government and banking arenas are suffering from severe confusion. The public is alarmed, even frightened, by the sequence of events, without much benefit of comprehension of what is happening or which clans are in control. The degree of deception hit a peak during the TARP Fund creation and disbursement, done behind private closed doors for the replenishment of sacred preferred stock, that bridge between corporate bonds and stock equity. The deception hit a very high pitch with the financial titan failures, the entire string of them. It has never stopped since. The economic data and promising forecasts (mere marketing group propaganda) featured Green Shoots, Jobless Recovery, and the totally vacant Second Half Recovery that is useful every initial six months to sway the ignorant masses. Just what is happening is difficult to describe succinctly. But the main description reads like an obituary. The most recent and visible distortion is not of price inflation, which has zoomed at 7% annually for a couple years, but rather the Institute of Supply Mgmt. The ISM index has somehow registered a slight increase from July to August, despite almost every single regional index faltering badly. See the careening Philly Fed, from plus 5.1 to minus 7.7 in the latest month. They ignore the weak components and present a distorted aggregate, much like retail sales.

Post from: Gold News from Gold Editor

GOLD & INVESTMENT IN FAILURE

Mosseri and Loud: Hedge Your Bets - The Gold Report   - Everyday New York-based investment gurus Jeff Mosseri and Doug Loud make key decisions for their high net-worth clients. Many of those decisions involve strategically positioning investors in small- and micro-cap gold and silver plays. In this exclusive interview with The Gold Report, you will learn some of the names of those plays and how they use Mosseri and Loud as hedges against a failing economy.

Post from: Gold News from Gold Editor

Mosseri and Loud: Hedge Your Bets – The Gold Report

SP500 & Gold At Crucial Pivot Points

Thursday Sept 2nd, 2010
Wednesday was a big session with better than expected manufacturing surging the market 3%. In this article I will do a quick technical take on the current situation for the SP500 and gold as they are both trading at a key resistance level. also its important to know what type of price action we will get in the next 1-2 days so you can have your profit targets or protective stops in place depending on which side of the market you are currently playing.

Post from: Gold News from Gold Editor

SP500 & Gold At Crucial Pivot Points

China doesn't like BHP Potash Corp bid - report

According to reports in the Wall Street Journal, worries about future supplies of fertilizer, has meant that China's state run Sinochem is looking at a variety of options and has hired HSBC to help

Author: Sonali Paul and Joseph Chaney (Reuters)
Posted:  Thursday , 02 Sep 2010

RELATED STORIES  Investors put $155 per share cap on BHP's Potash Corp bid
 

MELBOURNE/HONG KONG (Reuters) - 

China is stepping up attempts to hamper BHP Billiton's $39 billion hostile offer for Potash Corp, amid worries about future supplies of fertiliser it needs to rapidly boost food production.

Post from: Gold News from Gold Editor

China doesn’t like BHP Potash Corp bid – report

Silver About To Break Out Big!
(Excerpted from August 31st forecast to our Paying subscribers, who were alerted at $18.73 per ounce, now $19.50)

Silver is one asset class I do not cover very often, but have been largely bullish on since $6 an ounce many years ago.  It can be considered “poor man’s Gold” as they say.  I believe Silver is about to stage a pretty large advance based loosely on the Elliott Wave pattern I see unfolding after a 9 odd month consolidation. (Obviously, there are also fundamental fiat currency/debt events worldwide that give it the underlying bull chart pattern).  Since the average person can’t run out and buy an ounce of Gold for $1,240 tomorrow, as the unfolding of the fiat crises continues to enter the public psyche, you will see a strong populace movement into buying silver, silver coins, etc.  To wit, many silver stocks are moving up strongly of late, signally an imminent breakout of this precious and industrial metal.

The triangle pattern has taken nearly 9 months so far, and a move over $19.50 could start a multi-month run targeting $26-$29 per ounce for starters before a broad pullback.  A few silver stocks worth looking at include SLW (Silver Wheaton, which purchases future silver mine production in advance at a discount), a long-time favorite of mine and Fortuna Silver, a growing producer and explorer favored by some of the brightest minds in the business.  I do not own shares in either, so I have no inherent bias to mention them other than they are worth your time to review sooner than later. TMTF does not offer stock or trading advice, so please do your own research and consult a professional if need be.

Post from: Gold News from Gold Editor

Silver About To Break Out Big!

Saskatchewan would have "lots of concerns" about a Chinese Potash Corp bid
The Canadian province, which is home to Potash Corp, says it would be concerned by a Chinese buyer whose interests obviously are to have very low prices

Author: Rod Nickel and Euan Rocha (Reuters)
Posted:  Wednesday , 01 Sep 2010

RELATED STORIES  China could launch anti-monopoly probe into BHP Potash bid - Paper
 
WINNIPEG/TORONTO (Reuters) - 

The Canadian province of Saskatchewan, home of takeover target Potash Corp (POT.TO: Quote) (POT.N: Quote), would have "lots of concerns" about a Chinese sovereign fund or state-owned company buying part or all of the company, Energy Minister Bill Boyd said on Tuesday.

Post from: Gold News from Gold Editor

Saskatchewan would have “lots of concerns” about a Chinese Potash Corp bid

Gold in September - Frank Holmes : CEO, US Global Investors
As the world enters what is historically a very good period for gold, Frank Holmes takes a look at the reasons why this year should be just as good, if not better
Posted:  Wednesday , 01 Sep 2010
Download this interview

 
GEOFF CANDY:  Welcome to this week's edition of Mineweb.com's Gold Weekly podcast on the eve of what is traditionally a very good period for the yellow metal.  In fact in 17 of the last 21 years, gold has risen during the month of September.  Joining us on the line now to explain this phenomenon is Frank Holmes, CEO and chief investment officer at US Global Investors.  Frank clearly the trend in September really is your friend but perhaps before we delve into the reasons behind it, maybe take us through the process of picking out this pattern in the first place

Post from: Gold News from Gold Editor

Gold in September – Frank Holmes : CEO, US Global Investors

Roger Wiegand: Opportunity in Crisis - The Gold Report  - Listening to Trader Tracks Editor Roger Wiegand talk about market conditions and precious metals is like listening to your favorite uncle tell stories at Thanksgiving. The difference is that Roger's stories are a lot more likely to make you money. In this exclusive interview with The Gold Report, Roger offers up a few of his favorite gold and silver plays and some sage market advice.

Post from: Gold News from Gold Editor

Roger Wiegand: Opportunity in Crisis – The Gold Report