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The Bullion Report February 9, 2010
9 hours ago ago from Gold & Silver Bullion
Waiting for the Shoe to Drop Kitco Trading excruciatingly far away from the moving averages on Friday, the Gold had every reason to spring back toward them a bit. The high today of 1074.3 was almost exactly where its weekly pivot was, and came within 10 cents of its former low last week of 1074.4. Former support lows that are broken are supposed to become resistance when re-tested. After the bounce from 1074.3, the Gold generally trailed ...
Related content2010 Course Selection: GoldStocks 101
15 hours ago ago from BabyBullTwits
According to Luke Burgess of istockanalyst.com, there's no doubt about it everything points to higher gold prices this year: Weakness in the U.S. dollar: The value of the dollar has fallen 35% since 2002 and 9% in the past 12 months. Meanwhile, the national debt is approaching $12.5 trillion and the 2010 budget deficit is projected to hit a new record: $1.56 trillion. Economic uncertainty: Investment markets worldwide continue to be on ...
Related contentInflation and the Dollar's crash
15 hours ago ago from Finance, Credit, Investing Tips at Blogtip.net
Check out this video~! Subscribe RSS 2.0 feed. Leave a response , or Trackback from your own site. Watch my video. It will blow your mind away! so flooding the world with monopoly money printed in its trillions can't safe the worlds economic system ,well we live and learn ??????????????????????????????????????????????????and you can now print your own monopoly money for free be your own fed ? Glad you ...
Related contentWhy Buy a Gold ETF?
17 hours ago ago from Bottom Line Creative
If your a seasoned investor, you've probably heard of ETF's and might have even purchased a few index ETFs for your portfolio but did you know that there are now a myriad of specialized ETF's you can choose from including my all time favorite; a gold bullion ETF . Before I tackle why I recommend a gold ETF as the investment vehicle of choice for this commodity, let me first reason with you why I like gold bullion as a whole. If you've ...
Related contentShort View: Gold and the dollar
9 hours ago ago from UNENF
Instead of a hedge against uncertainty, is best to look at the gold price as an offshoot of speculation against the dollar, writes John Authers
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