Morgan Stanley Likes Gold, Livestock For 2012

Gold and livestock should be the biggest winners for 2012, while zinc, lead, nickel and crude oil are most likely to underperform other commodity markets, according to Morgan Stanley’s 2012 outlook. Morgan Stanley’s 2012 gold price forecast is $2,200 an ounce. For...

Central banks buy wiggle room, but problems persist

It also reveals the level of international official concern about the threat of the ongoing euro and banking crisis to global economic activity at large and comes the same day as China’s central bank eased credit for its commercial lenders for the first time in...

The Gold Triple Play – Volatility, Currencies and Europe

Resurgent investment lifted global gold demand 6 percent from the previous year to just over 1,000 tons during the third quarter of 2011, according to the latest Gold Demand Trends Report from the World Gold Council (WGC).* The ­­­potent cocktail of inflationary...

Gold Prices to Be Linked to U.S. Deficit Cuts, JPMorgan Says

Gold prices will be influenced by the ability of U.S. lawmakers to reduce the federal budget deficit, according to Colin P. Fenton, the global head of commodities research and strategy at JPMorgan Chase & Co. (JPM) “The market is discounting a cut of $2 trillion,...

Italy is Next to Fail and Gold at $3000?

Europe is approaching the end game—credit markets and other governments know what its leaders won’t admit—the euro is failing. And then gold, more than the dollar, is set to rocket in value as the crisis unfolds. In addition to looser monetary policy—generous European...