by Tom Power Gold has been in a bullish trend this year, up about 12 percent year-to-date. I think the price of gold is likely to hit $1,300 in the next six months as there are many reasons investors find owning gold attractive. 1. The U.S. Dollar is Falling Investors no longer seem worried about [...]
Gold and Natural Gas Corrective Moves by Carol Hurley Gold and natural gas are two commodities that have been making headlines recently—although they have been moving in different directions for different reasons. I think short-term corrective moves in both markets may be in order, and may have already begun. Gold Gold reached an 18-month high [...]
Gold Bugs Back as Swiss franc Safe-Havens Unwind By Richard Ilczyszyn and Phil Streible The Swiss franc has taken a nosedive this morning, and at the same time, gold has sparked. It appears to us that some of the safe-haven buying in the franc is being unwound rapidly amid a Swiss interest rate cut and [...]
