Russian Intelligence Found Gold Market Info Valuable

Russian spies in the United States whose arrest was announced Monday last year conveyed information about the gold market that the Russian security service considered “very valuable” and forwarded to the Russian finance ministry and ministry of economic development, according to the criminal complaint filed by the FBI with U.S. District Court in New York. [...]

Marc Faber: "I Would Recommend People Buy Every Month Some Gold For Ever"

Marc Faber’s latest thoughts on the euro (not good), on Greece (also not too good), and gold (good to quite good). “I don’t think it will work out, and I think other countries like Spain and probably Portugal (and Italy) will then also have to be bailed out eventually, and it will lead to more [...]

GOLD Update

I showed a long term chart of Gold recently http://4.bp.blogspot.com/_TwUS3GyHKsQ/SoH9jd8rYhI/AAAAAAAABW8/FLjXOz-TYe8/s1600-h/Gold.png where it was perhaps forming a large Primary wave [4] triangle pattern. There is a chance that triangle pattern could actually be a running-type triangle in which the (B) wave is higher than the peak of the preceeding high. My target for gold is about [...]

Gold Rescue Plan Delineated

US To Trade Gold Reserves For Cash Through Cash4Gold.com hat tip Steve Read more….

$GOLD & GOLD

I don’t really track commodities because its not my thing and they are more unpredictable. I thought it would be interesting to compare a bit on how COMEX spot gold prices align with Randgold Resources LTD which of course has somewhat followed the spot COMEX prices up and down over the past few years. But [...]

Gold Spikes To $900/oz As US China Tension Rises

Gold spiked to within two dollars of $900/oz in holiday leaden Asian trading as saber rattling between US and Chinese officials regarding the manipulation of the yuan ratcheted the tension in global capital markets. Last week Treasury Secretary-designate Timothy Geithner stated that China was a currency manipulator sending shock waves through the financial markets as [...]

(AFX UK Focus) 2009-01-26 16:15 S.African stocks, rand boosted by gold, global shares (Interactive Investor)

JOHANNESBURG, Jan 26 (Reuters) – South African shares jumped on Monday, bolstered by a higher gold price and a bounce on world markets that reversed days of losses, while the rand regained ground as the dollar dipped. Johannesburg’s resource-heavy bourse snapped a five day losing streak, with the Top-40 index of blue-chip stocks leaping 3.45 [...]

Buy Euro Versus Franc on Possible Sales, Goldman Says (Update1) (Bloomberg)

Jan. 22 (Bloomberg) — Investors should buy the euro against the franc after Swiss National Bank Vice President Philipp Hildebrand signaled officials may sell their currency to curb its appreciation, Goldman Sachs Group Inc. said. Read more….

Gold price closes sharply higher in Hong Kong (People’s Daily)

Gold price surged 233 HK dollars to close at 7,888 HK dollars per tael in Hong Kong on Wednesday, according to the Bank of China (Hong Kong). The price is equivalent to 854.25 U.S. dollars a troy ounce, up 25.26 U.S. dollars at Wednesday’s exchange rate of one U.S. dollar against 7.751 HK dollars. &$ [...]