23 maggio 2012

Gold Losing Safehaven Appeal: Pro

Andrew Su, CEO, Compass Global Markets breaks down the factors that show gold is losing its safehaven appeal. He says it’s because investors are starting to see that gold is neither a commodity nor a currency.
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Paulson Holds to Gold ETFs, Profits as Prices Rise

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Gold Weakness Signals Trouble for 2 Unexpected Stocks: Weiss

Trader Stephen Weiss thinks the weakness in gold signals trouble for these other names – and they’re way outside the metals and mining sector.
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Gold Slips In Line With the Euro

The recent sell-off in gold is unlikely to continue in the longer term, with the precious metal set to hit $ 1,900 an ounce towards the end of the year, Walter De Wet, head of commodities at Standard Bank, told CNBC.
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Gold to Hit $1,900 by Year End: Commodities Pro

The recent sell-off in gold is unlikely to continue in the longer term, with the precious metal set to hit $ 1,900 an ounce towards the end of the year, according to Walter De Wet, head of commodities at Standard Bank.
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Flight To Dollar Is An Ominous Sign That Could Be Very Bullish For Gold

While eurozone problems weigh heavily on gold prices now, a larger financial storm is brewing that would return the yellow metal’s safe-haven status.

Gold began 2012 on a very positive note, reaching the $ 1800/oz. range during several key trading sessions in the first quarter of the year. As …
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Oil, Gold Making New Lows As Risk Aversion Intensifies

Strong dollar, weak equities, weak commodities falling yileds on safe-haven debt. We’ve seen this movie before, but usually not during the US afternoon when Europe is closed. Risk appetites must really be shrinking…
CNBC is blaming the Greek bank deposit outflows for the slide in risk…
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Gold: A Safe Haven Investment?

Gold prices hit a new low for the year this morning and are trading below $ 1,560 per ounce right now. Dennis Gartman, The Garman Letter, weighs in on the “safe haven” play.
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Major Trendline Support for Gold at $1,510

Ric Spooner, Chief Market Analyst, CMC Markets sees major trendline support for gold at $ 1,510. He says breach of that level could see gold move down to $ 1,300.
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GOLD CEO on Industry’s Ups & Downs

Mad Money host Jim Cramer explains why he’s still a believer in gold. Mark Bristow, Randgold Resources CEO, also weighs in.
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