Gold & Silver Bullion

Bloomberg Gold Survey: Take a Chance?
Seeking Alpha
Tuesday, Bloomberg revealed the results of its gold price survey. Bloomberg surveyed 29 analysts about expected gold price highs in 2011. The median of the survey was $1,500. In parallel, Bloomberg also compiled 17 forecasts for next year’s average gold price, the median estimate being $1,247.50. Let’s treat the Bloomberg survey as a sample of market sentiment and consider this information a theoretical input for a speculative trade. What options do we have?
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‘Interest rates drive Gold up and down’
Commodity Online
Everyday New York-based investment gurus Jeff Mosseri and Doug Loud make key decisions for their high net-worth clients. Many of those decisions involve strategically positioning investors in small- and micro-cap gold and silver plays. In this exclusive interview with The Gold Report, you will learn some of the names of those plays and how they use Mosseri and Loud as hedges against a failing economy.
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Gold Prices Steady Ahead of Jobs Number
The Street
Gold prices were tentatively higher Thursday as investors held on to the metal ahead of Friday’s jobs number. Gold for December delivery was adding $1 to $1,249.10 an ounce at the Comex division of the New York Mercantile Exchange. The gold price Thursday has traded as high as $1,255.20 and as low as $1,245.30. The U.S. dollar index was rising slightly at $82.52 while the euro was flat at $1.28 vs. the dollar. The spot gold price Thursday was rising more than $5, according to Kitco’s gold index.
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Gold & Investment in Failure
GoldSeek
Many observers to the wild gyrations, deep contortions, extreme measures, and other bizarre activity in the government and banking arenas are suffering from severe confusion. The public is alarmed, even frightened, by the sequence of events, without much benefit of comprehension of what is happening or which clans are in control. The degree of deception hit a peak during the TARP Fund creation and disbursement, done behind private closed doors for the replenishment of sacred preferred stock, that bridge between corporate bonds and stock equity.
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Gold Futures Rise on Speculation
Bloomberg
Gold climbed for the third day this week on speculation that central banks will keep interest rates low for an extended period, boosting the appeal of the metal as an alternative investment. Today, the European Central Bank kept its benchmark interest rate at 1 percent, the lowest ever, to help revive the region’s economy. The Federal Reserve has kept the U.S. benchmark from zero percent to 0.25 percent since December 2008. Before today, gold gained 14 percent this year, reaching a record $1,266.50 an ounce in June.
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Top Gold Picks
CNBC
Kingsley Jones shares his top picks in gold. Click below to see the video on CNBC.com
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