Gold     1386.63   -4.68Silver     22.4   -0.21Platinum     1453.5   -8

From Paper Reserves to Gold Reserves

 January of this year I published a piece on the “fair gold price” in order to demonstrate that, if one was to simply treat the gold of all international central banks as the world’s true, reserve currency – as history has held … Continue reading

Gold Most Bullish in a Month After Bernanke: Commodities

Gold traders are the most bullish in a month after Federal Reserve Chairman Ben S. Bernankesignaled record stimulus will continue until the economy improves. Twelve analysts surveyed by Bloomberg expect prices to rise next week, with nine bearish and eight neutral, … Continue reading

The Key Levels for Gold

Gold isn’t trading like a safe haven—it’s trading like a currency. Gold retested major resistance on Thursday night, reaching $1,397.10 before falling back. The market was able to recover from pullbacks earlier Thursday to close back above $1,383.90. But early Friday … Continue reading

Gold ETF Sales Dwarfed By Central Bank, Jewellery, Coin and Bar Demand

Gold climbed $24.80 or 1.78% yesterday to $1,392.00/oz and silver finished up 0.16%.  After a volatile and momentous week for global markets, gold and silver look set to finish higher in all currencies and have their best week in a … Continue reading