Bob Moriarty: Hold On To Gold
Source: Karen Roche of The Gold Report

Predicting ongoing waves of mortgage delinquency, illiquidity and bank insolvency, 321gold's Bob Moriarty envisions a temporary financial holiday followed by a return to the gold standard. While he finds several solid investment opportunities among mining equities, he says the safest strategy is having "a $20 U.S. gold piece in your right hand and a 1 oz. gold bar in your left." In this exclusive interview with The Gold Report, Bob explains how the U.S. government "is lying" about unemployment figures and banks "are lying" about supposed mortgage reviews that find no fraud involved and recommends investors have "a triangle of investments"—the most important of which are physical precious metals.

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Bob Moriarty: Hold On To Gold

GOLD ANALYSIS

SUMMER DOLDRUMS, HIGH DOLLAR
Last chance saloon for gold investors to jump in?

The currently stuttering gold price as the northern hemisphere enters the summer season, traditionally a weak time for the gold price, could, some experts believe be the last opportunity to buy gold before an autumnal surge.

Author: Lawrence Williams
Posted:  Monday , 29 Jun 2009

LONDON  -

Some analysts see the regular annual hiatus in investment in gold during the northern summer season, which is now upon us, coupled with what they see as unwarranted strength in the U.S. Dollar, as providing the last major chance for gold investors to buy at 'reasonable' prices before a big surge in the gold price later in the year.  Buy on weakness is the cry - again!

They may have a point, but gold has a nasty habit of defeating its proponents and does seem to have found so far a seemingly insuperable psychological barrier to advancement beyond the US$1,000 level - despite it from time to time surpassing old high points in most other major currencies.

gold analysis

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Lawrence Williams; Last chance saloon for gold investors to jump in?