| Breaking News: |
News
2/22/12 - Greece gets Saved but its Nightmare is only Just Beginning
|
2/20/12 - Iran Halts Oil Sales to Britain and France
|
2/17/12 - Is the Gold Bull Running out of Steam or do we have another Touchdown Coming?
|
2/16/12 - U.S. Unemployment Applications hit a 4-Year Low
|
2/15/12 - How to Draw Support and Resistance Lines
|
2/14/12 - One Small Step for a Farmer, One Giant Leap in the War between Organics and Monsanto
|
2/13/12 - Vietnam Suffers From Gold Fever
|
2/10/12 -Platinum Group Metals Staging a Comeback!
|
2/06/12 -A Pummeled Greece asks for a Time Out - Markets React in Disgust
|
2/02/12 - Facebook Made Headlines with its Announced IPO but so did Doubt on its Aggressive Valuation
|
2/02/12 - It's a GREEN Day for All! Hip Hip Hooray!
|
2/01/12 - China's Market Gains Poised to Help or Hurt Gold Prices?
|
1/27/12 -As Mitt Romney is Accused of Paying Lower Taxes, Sparks Fly in the Income Tax Arena
|
1/26/12 -EXCLUSIVE TECHICAL ANALYSIS! - Gold Scores a Touchdown AND the Goal is Good!
|
1/25/12 - Futuristic Car for Futuristic Times!
|
1/24/12 - Back to the Drawing Board - NOT a Greek Wedding
|
1/23/12 - Federal Reserve to Make History this Week?
|
1/20/12 - Gold Slowly but Surely Making its Way to a Touchdown!
|
1/20/12 - Kodak Just May have Another Moment
|
1/18/12 - Eldest Brother of North Korea's New Leader Says North Korea in Danger of Military Takeover
|
1/18/12 - Gold Climbs a Bit on IMF Support in Europe and Good News from the U.S.
|
1/15/12 - Indian Jewelry here to Save the Day for Gold?
|
1/14/12 - Check from Old Abe Himself to...Himself Discovered in Ohio!
|
1/13/12 - A Desperate Obama Attempts to Unite Several Agencies
|
1/12/12 - Message from Gold to Iran: "A Little Help Here? Oh Thanks!!"
|
1/09/12 - Unemployment Rate Drops - Too Little Too Late?
|
1/06/12 - Football Playoffs Resume - Team "Technicals" versus Team "Fundamentals"
|
1/04/12 - Q1 2012 Outlook for Gold Not Looking too Bad so Far...
|
12/30/11 - Conflicting Technicals for a Conflicting Year End.
|
12/22/11 - U.S. Real Interest Rates - Another Compass?
|
12/20/11 - Eyes On China
|
12/17/11 - 180 Degree Shift in 24 Hours
|
12/14/11 - Uncle Scrooge Refuses to Give More
|
12/12/11 - Buyer's Market for Gold?
But listen: if there's anything that any of us investors can possibly learn from the "Oracle" of investing, Warren Buffet, it's that prices falling signals a buyers' market to obtain gold at more affordable prices! As of the time of this writing, gold has seen its lowest price in 7 weeks. My personal translation for that is that if I've been waiting 7 weeks for a 'sale' on gold, then this is it! |
12/10/11 - Good News from the Eurozone = Good or Bad News for Gold?
|
12/7/11 - Palladium Observation - TWO WORDS: Russia & Carmakers
|
12/6/11 - Gold Demand Keeps Optimism Supplied
|
12/5/11 - Europe's Cooties: Are They Contagious, and can my Gold Catch Them?
|
Inside - the Greek parliament scrambles to pass laws necessary to securing their second bailout payment. Outside - police have placed metal barricades in front of the building while confronting ongoing protests by extremely angry workers and pensioners...
Iran ordered a halt on oil sales to Britain and France yesterday and reporters are calling this move a retaliation against tightening EU sanctions - U.N. inspectors flew over to Tehran in order to press the Islamic Republic over its disputed nuclear program...
Alright everyone. Looks like we've got a tight game up ahead for gold. After hitting resistance around $1,762 (as measured on the XAU/USD pair chart), gold took a slight dip and has been trading sideways. Looking at the chart below, though, we need to clarify something very important...
Well it looks the U.S. of A is giving this recession another right hook to the jaw. Last week, the number of Americans seeking unemployment benefits hit the lowest point in almost four years. According to the Labor Department, weekly applications for unemployment benefits dropped...
In today's article I'm going to answer a very famous, and often unanswered, question regarding technical chart reading.Before we go any further, it would do you good to read any previous articles that I've written or co-written, as this article more or less assumes that you have. That being said, I'd love to clear up a very famous question...
Yesterday a French court adjudged the U.S. agricultural giant, Monsanto, legally responsible for the poisoning of a farmer with one of its herbicides back in 2004. According to the judgment, issued in the southeastern city of Lyon, France..
Residents in communist Vietnam still retain some old-fashioned values that Americans can definitely use - and that has to do with stashing gold so that one 'always has money.'...
Yesterday saw some decent action for a couple of Platinum Group Metals (PGMs). Palladium rose a buck to $709 an ounce, while platinum gained $3 to $1,650 bringing it to half of its prior ~$200 discount to gold...
Greece is sweating under the gun as talks between troika (i.e. European Union, International Monetary Fund and the European Central Bank) and Prime Minister Lucas Papademos’s interim government were postponed until Tuesday in order to give the premier more time...
Although the Menlo Park, California-based company did not release any specifics as to the number of shares or a projected price range for its IPO, it did announce that it plans on debuting sometime in late April or May under the ticker symbol, "FB."...
Often times emergency surgeons or doctors at hospitals see so much death in ratio to the number of lives they save that they just absolutely relish the next time they save a life. It's a faint glimmer of hope that keeps them going...
Gold was relatively stable without any major movement on Tuesday, which is not surprising considering the fact that it already posted its largest monthly gain since August, including an 11% gain in the first month of 2012...
This week, Mitt Romney released his 2010 and '11 tax returns and many are shocked to find that out of his annual income of $21 million (about 420 times higher than the typical U.S. household), he only paid about a 15% tax rate...
Today we're going to be giving you a double-dose of valuable information by starting off with some technicals and then following up with some fundamental news interpretations to give our readers a fuller understanding of trading mechanics...
Introducing a special 1.5-meter-long electric car designed in Spain's Basque country - the all new Hiriko! A new revolutionary fold-up car created to address urban stress and pollution issues. The vehicle was unveiled yesterday...
Yesterday Euro zone finance ministers rejected a debt restructuring offer made by private bondholders and although numbers offered were close to agreement, the rejection and ensuing delay does not bode well for a battered and beleaguered Greece...
This week the Federal Reserve might make history and Ben Bernanke's dreams come true. If everything works out right the Fed might announce an "explicit target for inflation." For those of you unfamiliar with inflation targeting, allow me to illuminate...
Well if you read my last blog on technical indicators, then you would understand what I mean by the title of this article. Gold has proven itself quite the strong team by getting two "1st downs" when it crossed upwards past the $1,619 resistance line...
Eastman Kodak Co., the company that introduced such marvelous inventions as the Brownie Camera, 35mm color film and the digital camera, filed for chapter 11 bankruptcy this week...
The eldest brother of North Korea's new leader says that reforms are needed in order for the country to avoid the collapse of its economy and the end of its Stalinist regime. Kim Jong-Nam, half brother of North Korea's new leader, Kim Jong-Un, believes.
The euro climbed for the 2nd day (up 1% at 5pm NY time) against both the dollar and the yen after the IMF (International Monetary Fund) offered to raise its lending capacity by up to $500 billion in order to protect the global economy from Europe's debt crisis.
According to the head of Gitanjali Gems, India's largest jewelry retailer, gold jewelry demand in India is estimated to have risen 5 - 7% in 2011 and is predicted to grow another 10 - 15% this year...
Talk about finding old money under the couch or in this case, a really really really old check in a vault. According to the Plain Dealer in Cleveland, Ohio, seventy checks were discovered in a vault at Huntington Bank's Columbus headquarters. 24 of the checks bore signatures...
According to Reuters today, President Barack Obama will be asking Congress today for the authority to, "fold together trade agencies to help boost exports, a reorganization that could help inoculate him against Republican...
Yesterday, Kazem Delkhosh, a member of the central bank's Council of Money and Credit, said, “The council has decided to fix the rates for bank deposits at a rate higher than inflation,” and that the actual decision will...
On Friday the U.S. unemployment rate fell to 8.5% for December 2011 and according to general sentiment amongst money managers and economic analysts, the Fed still holds a strong interest in conducting another round of quantitative easing for a number of reasons...
My friends and colleagues often ask me why I watch college and professional football while researching charts and news. Well to me, you see, they are very similar - if not identical. Except when I look at gold, I see TWO battles...
The European crisis has been the topic of focus for quite some time now, but what I am more interested in is WHEN that crisis is finally accepted and by 'accepted,' I mean that its dire state is more or less absorbed into the mainstream investors' minds and therefore no longer drastically affects gold and other precious metals...
The 200 day moving average is a famous, classical and historically strong indicator often used by long term technical traders, however, it is also often used by shorter term traders whenever significant price action movement occurs near...
I’d like to mention a very interesting observation made by Sam Kirtley over at gold-prices.biz. In one of their articles, they covered the dynamics of the relationship between gold and U.S. real rates. Following is an excerpt...
Although the general investor sentiment seems to be leaning towards gold demand being healthy, India, one of the largest buyers of gold, doesn't seem to agree as its investors appear to be waiting on the sidelines for who-knows-what. According to Swiss bank, UBS, gold is 'plentiful' in the Indian markets - and obviously a good supply may very likely counter any steady demand; for India at least... 
This week we saw the biggest decline in gold since as far back as September. It was just a few days ago when investors showed some cojones by pushing gold to some bullish levels that broke over-a-month records and then last evening, views shifted 180.
Gold has experienced the results of quite the domino effect today! A drop in the euro exacerbated the region’s already heavy-laden anxieties and investors ran head first into cash as the safest asset. A few days ago, Patton, on our site blogged about watching the dollar for inverse reactions in gold (rather than only watching Eurozone news) and boy was he right! The dollar is already up $0.28 at the time of this writing and just about everything else is in the red.
A lot of red across the board today. The Dow dropped 163 points, the Nasdaq lost 35, S&P 500 down 19 and gold fell over $47/ounce to $1,669/ounce, hitting a lowest ever in 7 weeks. Yikes!.
So the Eurozone Summit has started and boy have the markets been watching out for this the whole week. In summary, these were the most poignant actions taken in the Eurozone so far. 
Palladium is just one of those overly sensitive commodities and this is due to being heavily dependent on two very specific things: Russian stockpiles of it and demand for it from automakers. Bill O’ Neill, one of the principals with LOGIC Advisors, states, “It is a very thin market, so if there is a supply disruption, it doesn’t take a lot to get the market moving.”
Many gold analysts, and especially the optimistic ones, believe that gold landed well above $1,900, overly corrected itself and is therefore now on a gradual uptrend - a technical opinion that may very well be supported by some powerful fundamental basics. In the field of economics we all know very well that the pricing of just about ANYTHING has to do with one universal law: Supply and Demand. And that, my friends, brings us to the assessment of the supply and demand for gold in the long run. 
The price of gold has been rather fickle the past couple of days; up $6.50 at the close of last Friday then down $9 today. These fluctuations will almost always reflect the current topic of talk amongst retail metal investors - and they seem to be freaking out over EUROPE's debt crisis.Experience the Leland National Gold Exchange difference and call today!
1-800-400-1849
Get your Free Information
Kit and Book by Ron Paul!
The Gross National Debt
