Three Trends Which Rule the Precious Metals Market

It is bad enough watching the talking-heads of the mainstream media undermine the precious metals sector with their insipid and invariably flawed analysis. However, what is positively infuriating is when these drones manage to influence the market through parroting...

Warning: America’s New Age of Austerity Starts Now

Warning, tighten your belts, America’s new Age of Austerity is already here, today. There I said it. I admit it. And you better too. Prepare now. Could be like the 1930s depression austerity. You’ve seen the warnings all across the major newspapers about a global...

Central Banks Boost Gold Holdings Yet Again

The latest official Central Bank gold holding figures from the IMF confirm that Central Banks around the world are continuing to buy gold – some in pretty large quantities which should be yet another stabilising factor for the gold price – and if the trend...

PRECIOUS-Gold Still Down, Weaker Euro Blamed

Gold remained under pressure trading below a near-term technical support level on Tuesday due to a weaker euro, with investors betting against a meeting of European leaders this week doing much to tackle the region’s debt crisis. Platinum tracked gold lower,...

David Rosenberg: Gold Will Go To $3,000

Highly respected economist and strategist David Rosenberg has told that Financial Times in a video interview  that gold “will go to $3,000 per ounce before this cycle is over.” Markets are repeating the downturns of 2010 and 2011 and it is time to search for safety,...