SPOT GOLD PRICES bounced on Friday from an early dip in London, recording an AM Fix of $858.75 per ounce – some 0.7% below Thursday's new all-time high – before touching $862 as the US open drew near. Full Story
What a terrific start to the year for gold! When you see a breakout to new highs on the 1st trading day of the year like this for a commodity it normally signals further strong gains as the year continues. Full Story
SPOT GOLD PRICES continued to hit a series of all-time record highs on Thursday, touching $868 per ounce for the second time late in London trade after recovering from a 1.5% pullback on stronger-than-expected US jobs data. Full Story
To repeat: Inflation is not the problem; rather, it is a farfetched solution at this point – and that is only if it could somehow affect real estate prices and nothing else. How likely is that? Full Story
For the myriad strong fundamental reasons outlined above we believe gold will reach the pschological level of $1,000 per ounce in 2008. It could rally as high as $1,400 and will likely finish 2008 above $1,000 per ounce. While this may seem like a large move it would only be a less than 25% increase in price. Given the current macroeconomic and geopolitical climate this seems more than likely. However, markets can fall as well as rise and past performance is no guarantee of future returns. Crystal balls are possessed by none. Full Story
A happy 2008 to all of you. All the hype at the moment is on gold and not on silver as far as precious metals are concerned. Over the last eighteen months silver got bogged down due to over hype. In 2008, silver is not over hyped and as a result it should find more investment demand as well as speculative interest. Full Story
The content on this site is protected
by U.S. and international copyright laws and is the property of GoldSeek.com
and/or the providers of the content under license. By "content" we mean any
information, mode of expression, or other materials and services found on GoldSeek.com.
This includes editorials, news, our writings, graphics, and any and all other
features found on the site. Please contact
us for any further information.
Live GoldSeek Visitor Map | Disclaimer
The views contained here may not represent the views of GoldSeek.com, Gold Seek LLC, its affiliates or advertisers. GoldSeek.com, Gold Seek LLC makes no representation, warranty or guarantee as to the accuracy
or completeness of the information (including news, editorials, prices, statistics,
analyses and the like) provided through its service. Any copying, reproduction
and/or redistribution of any of the documents, data, content or materials contained
on or within this website, without the express written consent of GoldSeek.com, Gold Seek LLC,
is strictly prohibited. In no event shall GoldSeek.com, Gold Seek LLC or its affiliates be
liable to any person for any decision made or action taken in reliance upon
the information provided herein.
