Jan. 25 (Bloomberg) -- Jonathan Barratt, the Sydney-based managing director with Commodity Broking Services Pty, talks with Bloomberg's Bernard Lo about the outlook for gold and platinum prices. Even after a record 57 percent rally last year, platinum is cheap relative to gold, signaling more gains as demand grows from carmakers and exchange-traded funds. (Source: Bloomberg)
NEW YORK (TheStreet) -- Nicholas Brooks, head of research and investment strategy for ETF Securities, says investors are spooked by China credit tightening worries and Greece debt fears. Brooks thinks uncertainty is overblown but the gold prices will stay in a tight range.
Jan. 12 Robert McEwen, chairman and chief executive officer of U.S. Gold Corp., talks with Bloomberg's Erik Schatzker and Deirdre Bolton about the outlook for gold prices. McEwen expects gold prices to increase to $5,000 an ounce between 2012 and 2014 as rising U.S. government debt depreciates the value of the dollar.
In midday trading Wednesday, Silver shares were relative laggards, down on the day by about 5%. Helping drag down the group were shares of Mines Management (MGN), down about 9.8% and shares of Silver Standard Resources (SSRI) down about 9.1% on the day.
For most of 2009, shorting the dollar and going long gold was a one-way bet to increased wealth. But gold stumbled more than 10% in December as the Dollar Index mounted a rally, leading some to determine a reversal of trend had arrived.
Investors should buy platinum instead of gold even though it has outperformed the precious metal in recent months, Nicole Elliott from Mizuho Corporate Bank told CNBC Tuesday. Elliott also took a technical look at Euribor future June 2010 contract.
Commodities are in rally mode, and silver is set to outperform all of them , cause silver is not only a cheap precious metal it is also an industrial metal , furthermore it is believed that Silver is on its way of extinction in a couple of decades if no major mines are discovered .
Jan. 12 (Bloomberg) -- Robert McEwen, chairman and chief executive officer of U.S. Gold Corp., talks with Bloomberg's Erik Schatzker and Deirdre Bolton about the outlook for gold prices. McEwen expects gold prices to increase to $5,000 an ounce between 2012 and 2014 as rising U.S. government debt depreciates the value of the dollar. (Source: Bloomberg)
The debt money system is the biggest Ponzi scheme in history and it is about to crash , we cannot pay our debt cause our money is debt itself , Gold based money is still a debt money explains Still , there are two major problems with gold Still explains , first Gols can be counterfeited , and second gold can be easily manipulated by few powerful on the top , a gold money system is still very easy to control from the top ...
We are more likely to see a peak gold story than a peak oil one, says Martin Hennecke, associate director from Tyche. He tells guest host, David Roche of Independent Strategy Ltd, CNBC\'s Martin Soong & Sri Jegarajah more.
NEW YORK (TheStreet) -- Brian Hicks, co-manager of the U.S. Global Investors Global Resources Fund, argues that gold could correct in the short term but that long term prices will head higher. Stocks in this video: SGOL | GDXJ | GLD | SIVR | IAU | SLV | GDX