Gold & Silver Bullion

Gold Needs an Octopus Paul
Commodity Online
For the past couple of years, gold has been acting so unpredictable that investors definitely wanted to have a soothsayer to predict the fate of gold in the coming days. The situation is same now also. Nobody is certain about the ups and downs of the yellow metal. Now, any investor would love to have an opinion from the World Cup famous octopus Paul of Germany before one puts his/her money on the yellow metal. Octopus Paul has a clean record of predicting the results of all Germany matches and the final of the World Cup Football. Paul has becomes such a famous phenomenon of the World Cup that even Spain, the Cup winner, offered a citizenship to the creature. So, who wouldn’t want a perfect soothsayer like Paul before investing in gold. The reason for gold’s unpredictability now is that the metal is witnessing many upheavals in the world economy.
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Gold Bull Market Alive and Well
Nichols on Gold
Gold prices have fallen sharply in recent weeks from their all-time high over $1265 on June 21st in New York. By mid-July, gold was briefly below $1180 — a drop of some seven percent. Faint-hearted gold investors need to remember that bull markets never move straight up. When they do, it’s called a “bubble” . . . and bubbles do burst. Instead, this market is moving up — and will continue to move up — in a stepwise pattern with occasional high volatility and big corrections on the road to much, much higher prices in the months and years to come. For the most part, this summer’s gold-price weakness reflects two recent developments:  First, the reassessment of U.S. economic prospects by some gold traders and investors . . . and, second, an abatement in perceived European sovereign risk.   
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Turn Junk Silver Into Treasure
Investment U
When we were children and our value system had yet to be formed, it appeared that what was shiny had greater appeal than something dull. Something large was usually more desirable than something small. Emotions had a tendency to override good judgment. Think about it. The word “money” conjures up an image of gold, not silver – despite the fact that silver was used as money about 5,000 years ago, even before gold. For the launch of the Gold Eagle in 1986, the U.S. Mint created a smash hit by copying the extremely popular Augustus Saint-Gaudens motif on the $20 gold coin of 1907-1933. Many people consider that Double Eagle the most beautiful gold coin ever minted. Still, when discussing gold or silver investments, emotion sometimes overrules good judgment on the cost of an acquisition. But “ain’t it purty” often doesn’t mean it’s the best investment.
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Goldline Under Investigation by the Los Angeles D.A.
Huffington Post
Authorities in Los Angeles began the investigation after receiving over 100 complaints from consumers who claimed to have lost thousands of dollars after investing with Goldline and Superior Gold Group, a company based out of Santa Monica, California. Adam Radinsky, Santa Monica City Deputy Attorney, whose office is partnering with investigators in L.A., spoke with “Nightline” about the types of complaints that consumers were making: There are two main types of complaints we’re seeing. One is that customers say that they were lied to and misled in entering into their purchases of gold coins. And the other group is saying that they received something different from what they had ordered.
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Aways a Gold Bug
Kitco
When I did a recent radio interview, the host who was basically friendly, said, “You’ve always liked gold.” My response? “No, no, no. I have been bearish for most of two decades before December, 2003. I have been bullish on gold 12 years out of the 34 years I have been publishing The Ruff Times. I have been bearish or neutral for 22 years. I’m now bullish since December, 2003. But I guess I can never shake the label of “gold bug” the media gave me way back in the ‘70s. If you are a realistic optimist like me, you are always looking for the silver (or gold) linings in the gathering clouds, if that is reality. I just want to be right, not because my ego requires it, but because in my profession, being wrong costs me subscribers, or missed opportunities for them. True optimism includes realistically looking for opportunities among bad developments. That is why gold and silver are bad-news bulls!
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Is Now a Good Time to Buy Gold?
Gold Seek
While we’re convinced gold and gold stocks are destined for much higher levels, buying when prices are low can mean the difference between a double or triple and a ten-bagger… a week in Malibu vs. a week in Milan. There’s no secret formula to buying low, and we aren’t holding the right hand of Midas, but there are periods when prices tend to be lower than others. And if those tendencies play out, it can give us the opportunity to snag a high-quality asset at a bargain price. So, how do you get a bargain price? You cheat. I think the secret to getting a low-cost basis on all your gold and gold stocks is this: only buy on significant price pullbacks. And this can be done without trading or using technical analysis. I think there’s a good chance we can cheat this summer.
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