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Yesterday looked as though it was going to be a pretty good day as the gold price started climbing in the morning after responding to the German constitutional court’s ruling in favour of the...
On Monday we reported the results of our recent survey, where the majority of you told us that your interest in gold had been sparked thanks to a loss of trust in central bankers. Bad news, because...
Gold price reaches record The gold price decided to hold steady after dropping slightly yesterday, this morning it sits back above $1,730 but is facing resistance at $1,739. Yesterday it remained at a...
Following our successful first poll last month we decided to set up a new poll for our clients and readers to participate in once again. Last month you indicated a clear preference for keeping your...
The gold price is now well and truly above $1,700, set to make gains towards $1,800 by the end of the week Goodness, this month is shaping up to be an exciting one, which is good news after the dull...
For the first time since March, the gold price rallied in all major currencies Thursday, on the back of doubts that Draghi could do much to save the euro. Market participants were right to be worried...
Today has started out to be pretty exciting already with spot gold catching up with the futures price and heading above $1,700. This is the day Draghi speaks, over a month after promising to do...
In the past few days we have produced a couple of articles following on from the GOP announcement that it will launch a Gold Commission if they are successful in November. Today we bring you a short...
We’re all experts on gold So, a mention of a gold standard commission and all of a sudden everyone is an expert on the gold price and the metallic standard. Or so they think. The last fortnight...
Yesterday was a relatively quiet day on the markets front thanks to a national holiday in the US. This morning PMI data is set to be released, this time for services. The contagion of the crisis is...
The phenomenon known as “declining marginal utility” is well known. Economists cite it from time to time. Even butchers refer to the "point of diminishing returns." And poets warble about...
Like last week when we were waiting on Jackson Hole, this week we will be waiting for yet another meeting full of empty words – the ECB policy meeting. Whilst some have suggested Draghi skived...
The eurozone crisis has been brewing for a long time now. Every week it seems there are new announcements, new austerity measures, new bailouts and more bond auctions as governments and central banks...
It has finally arrived, it’s Jackson Hole day! Will Bernanke surprise us? Will the markets be disappointed? Will gold go up or down? Who knows?It might be like a drug rehab clinic. They’ve...
So everyone is still hanging onto gold, waiting for The Speech on Friday, not buying much more but not selling either. This morning it is "trapped" in a tight range and remains just slightly below...
Whilst the gold price has still not crept past last week’s highs it has still held its ground near $1,667 as data released shows US consumer confidence is at its lowest for 9 months. Apparently...
Detlev Schlichter, below, further echoes our own thoughts in regard to the future of QE and its effects. As we have mentioned many times before, particularly in the Daily Nugget, QE merely drags out...