Comex Gold advanced to as high as 1195 in Asian session after Sri Lanka purchased 10 metric tons of the IMF’s planned gold sales. According to the press release from the central…
Gold to Rally to 1200 as India May Buy More from IMF
Gold extends strength after consolidation after news said that Indian central bank may buy more gold. The December contract for the yellow metal rallies to 1180 and looks to march to 1200….
Gold’s Friends Now Outflank Its Foes
By: Rick Ackerman, Rick’s Picks In the Rick’s Picks chat room, where the focus is sometimes obsessively on gold, the meaning of “long-term” can range anywhere from 90 minutes to about three…
New Haven on the Horizon; the Cook Islands
By Bob Bauman A broad net of 15 coral islands in the central heart of the South Pacific, the Cook Islands are spread over 850,000 square miles, southwest of Tahiti and due…
India – Back page bull market
While Other Asian “Tigers” Grab Headlines, This Forgotten Giant Has Quietly Begun an Economic Boom… By Justin Ford The front pages were busy last week with President Obama’s trip to Asia. Yet…
Gold Marching to 1200 Psychological Level
Precious metals soar today on the back of central bank rhetoric while energies are lifted mildly by recovery in stocks. Gold surges to new record high of 1167.8 as St Louis Fed…
Property Development Investment Opportunity
Hello dear readers. A while back I introduced you all to a private property development investment opportunity that I am involved in. Back then we were looking for new members in order…
Another Central Bank Bought Gold from the IMF!
Bullion bulls take a breather after pushing gold above 1140 Monday. Currently trading at 1131, the Comex gold futures may edge lower later today as USD recovers. However, the pullback should not…
Industry Estimates Showed Huge Decline in Crude Inventory
Crude oil price climbed higher yesterday after the American Petroleum Institute reported huge decline in crude inventory last week. The benchmark contract added +0.3% to close 79.14. In Asian session today, price…
Crude Breaks Above 80 Again As Investors Speculate Pleasant Surprise from Energy Department
Crude oil rises above 80 (intra-day high: 80.23) in European morning. Investors are awaiting the EIA’s inventory report. As the market anticipates modest build in crude oil inventory, a surprising draw could…