Resource Intelligence

Resource Guru Commentary

Roubini’s Bearish Forecast Is Bullish For Gold

Gold’s London AM fix this morning was USD 1,722.00, GBP 1,095.98, and EUR 1,310.30 per ounce. Yesterday’s AM fix was USD 1,713.00, GBP 1,091.10, and EUR 1,300.59 per ounce. [Read more...]  Read More →

Continuing Negative Real Interest Rates Sees Gold Rise Above $1,700/oz

Gold’s London AM fix this morning was USD 1,713.00, GBP 1,091.10, and EUR 1,300.59 per ounce. Yesterday’s AM fix was USD 1,659.00, GBP 1,064.08, and EUR 1,277.04 per ounce. [Read more...]  Read More →

IMF’s Grim Outlook to Davo’s Sunny Slopes – Gold Shines

Gold’s London AM fix this morning was USD 1,659.00, GBP 1,064.08, and EUR 1,277.04 per ounce. Yesterday’s AM fix was USD 1,669.00, GBP 1,072.69, and EUR 1,282.17 per ounce. [Read more...]  Read More →

Another Chance to Sell Common Stocks and Buy Precious Metals

It has been a tough last year for precious metals investors but not so much for common stocks. Sure, the Euro crisis benefited Gold initially but as the panic has abated, stocks are rallying back to their highs while Gold has sold off and the gold stocks are trying to hold their lows. What is going on? Are we in the twilight zone?Bull and bear markets... [Read more...]

Japan Gold Buying on TOCOM Again Supports

Gold’s London AM fix this morning was USD 1,669.00, GBP 1,072.69, and EUR 1,282.17 per ounce. Yesterday’s AM fix was USD 1,675.00, GBP 1,076.55, and EUR 1,294.94 per ounce. [Read more...]  Read More →

Currency Wars – Iran Banned From Trading Gold and Silver

Gold’s London AM fix this morning was USD 1,675.00, GBP 1,076.55, and EUR 1,294.94 per ounce. Friday’s AM fix was USD 1,646.00, GBP 1,064.68, and EUR 1,274.29 per ounce. [Read more...]  Read More →

Gold Rises for Fourth Day – IMF $500 Billion Hopes Create Concerns

Gold’s London AM fix this morning was USD 1,664.00, GBP 1,076.53, and EUR 1,289.62 per ounce. Yesterday’s AM fix was USD 1,657.00, GBP 1,077.09, and EUR 1,290.80 per ounce. [Read more...]  Read More →

2012 Gold Estimates Lowered By Banks – But Remain Bullish

Gold’s London AM fix this morning was USD 1,657.00, GBP 1,077.09, and EUR 1,290.80 per ounce. Yesterday’s AM fix was USD 1,662.00, GBP 1,080.34, and EUR 1,299.76 per ounce. [Read more...]  Read More →

Gold and Silver Outlook in 2012

Lately we’ve been writing about the precious metals stocks. In particular we believe the equities have made a multi year bottom and look ready for a solid 2012 and 2013. Part of the reason is the action in the metals (Gold & Silver) suggests an important bottom is in place and a rebound is underway. Based on our work, we anticipate a slow but... [Read more...]

Global Gold Coin & Bar Demand Surges in 2011 – Thomson Reuters GFMS Annual Gold Survey

Gold’s London AM fix this morning was USD 1,662.00, GBP 1,080.34, and EUR 1,299.76 per ounce. Yesterday’s AM fix was USD 1,642.00, GBP 1,070.27, and EUR 1,281.71 per ounce. [Read more...]  Read More →

Gold Nears €1,300/oz – Euro Lower After EU Downgrades and Greece Jitters

Gold’s London AM fix this morning was USD 1,643.50, GBP 1,074.60, and EUR 1,298.90 per ounce. Friday’s AM fix was USD 1,642.00, GBP 1,070.27, and EUR 1,281.71 per ounce. [Read more...]  Read More →

Gold Trend Forecast for 1st Quarter of 2012

Over the past five months gold has fallen sharply and is no longer headline news which it once dominated back in 2011 when it was making new highs every day. The shiny metal has been under pressure because traders and investors started to pull some money off the table to lock in gains. Gold prices had surged so fast most advanced traders knew that final... [Read more...]

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