John Lee writes: About 2000 years ago, Aristotle explained why gold remained the ideal choice of money throughout major nations and civilizations. In words that are just as relevant today, he said "Gold is durable, not like wheat, divisible, not like diamonds, convenient, not like lead, constant, not like real estate, and best of all, [...]
After much deliberation, a gold-watching Fool shares his top picks for 2012. Originally from Fool.com Headlines
In the face of falling equity values across the globe, gold has emerged as an attractive asset class. Since the middle of the year, global equity values are estimated to have fallen by as much as $10 trillion, more than two-thirds of the U.S. GDP. A bear market, the sharp slowdown in global economic growth [...]
Friday, December 30, 2011 Gold prices appear at a crossroads, with the potential for an accelerated sell-off as weak longs continue to exit the market — but also the potential for sharp gains should recent lows hold and bargain hunting buying emerge. This sets the stage for traders to explore strategies that would benefit from [...]
Before I start I am not some expert who preaches about the “funny mentals” there are far more experienced commentators around that can tell you more about gold, I am a mere mortal, all I do is trade price, I don’t use the news regarding why gold should be up or down, I simply count [...]
If the door to online poker is opened again, expect a gold rush into Internet gambling companies, writes Brett Arends. Originally from MarketWatch
Some stocks have exploded higher in the Xmas week, but things can change, father time will see to that. Euro: A bounce was expected on short covering, nothing happened. Bank of America: Touched under $5, break this and $3 is support, ouch. Gold: No real rally, and its seasonally favorable, bulls are hesitant. In the [...]
I must admit that I do not prescribe to the 2012 end of the world or end of an era phenomenon; however, my recent analysis suggests that 2012 could indeed be a very significant year. I have been following a fractal (pattern) on the Dow chart for the last couple of years. I have written [...]
Those of us who are buyers and believers in the long term continuing secular rise in resource equities are going through a time of testing. The marketplace will present participants with years such as 2011. We reiterate our guiding principles at precisely these times that tests our basic mission statement. First and foremost is the [...]
“Since its inception in 1913, The Federal Reserve Board has been responsible for almost 95% devaluation of the U.S. Dollar. All this has been achieved through its ability to continually inflate the money supply. And, between 1985 and 2005, the Federal Reserve Board has increased the money supply by five times. This extraordinary money creation [...]
While many headlines are focusing on the fall in the gold price, it is worth bearing in mind that the precious metal is strongly correlated to the dollar Originally from Mineweb – Daily news headlines
Peter Krauth writes: Lately, it seems billionaire precious metals investor Eric Sprott is grabbing headlines almost daily. Sprott believes in silver and gold as money, and he has little faith in paper currencies. That explains his recent acquisition of a chain of currency exchange outlets, which he aims to gradually build into the safest kind [...]
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