Trusting in gold - Austria's Erste Bank

Austria's Erste Bank's latest Special report on Gold still rates the yellow metal positively as an investment. A minimally edited version of the introduction to this report is published below.

Author: Ronald Stoeferle
Posted:  Monday , 06 Jul 2009

VIENNA -

Since Erste Bank's first Special report on Gold in 2007 when the gold price was USD 650, gold has outperformed almost every other asset class. The gold bull market has been running with an annual performance of 16% since 2001. Gold closed the year 2008 with the eighth annual increase in a row. And in the year to date, the performance has been outstanding as well: the gold price has recorded an increase of 7% (in USD) and 8% (in EUR), respectively. The average price in 2008 was USD 872/ounce, i.e. 25% higher than in 2007 (USD 695).

For full article please click on special report on gold.

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Trusting in gold – Austria’s Erste Bank

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Gold price will rise in real terms - Roulston
Newsletter writer and analyst Lawrence Roulston provides his thoughts on the outlook for the economy and what factors impact gold and other metal markets. "As the Western world gets back on track," says Roulston, "commodity prices will continue higher." Interview with The Gold Report.

Author: The Gold Report
Posted:  Wednesday , 01 Jul 2009

Vancouver, BC -
The Gold Report: Lawrence, you have just returned from trips to Dubai, Hong Kong and Europe. What does the rest of the world think of the health of the U.S. and European economies?

The Gold Report Article

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The Gold Report; Gold price will rise in real terms – Roulston

John Embry Expects $1,500 Gold and Early Stage Hyperinflation by Year End -The Gold Report  (6/12/09)

Back for another thought-provoking conversation with The Gold Report, John Embry sees both good and bad news in the weeks, months and years ahead. For example, John— Sprott Asset Management's chief investment strategist—is braced for "an ugly summer," with "another significant test in the equity market." Before year-end, he anticipates $1,500 gold—but also the beginning of worldwide hyperinflation that may take many Americans by surprise. And while John is bearish on world economies for the next few years, within that same time he looks toward "numerous 5- and 10-baggers" among small-cap gold producers and junior explorers with solid projects.

Click to read article on Hyperinflation by end of year.

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John Embry Expects $1,500 Gold and Early Stage Hyperinflation by Year End