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Jon Nadler Sees Middle-of-the-Road Gold on Bumpy Route to RecoveryJon Nadler Sees Middle-of-the-Road Gold on Bumpy Route to Recovery
Source: The Gold Report
The deflation-versus-inflation debate emerges as the flavor-of-the-day as we set out on what’s likely to be a bumpy ride toward recovery, says Jon Nadler, Senior Metals Market Analyst and Investment Products Manager for Montreal-based Kitco Bullion Dealers. For the time being, Jon expects a spell of continuing deflation before any real inflation sets in. That makes gold’s price performance a tough call, he tells The Gold Report, because we have no history to help us understand how gold behaves in a real deflationary environment.
The Gold Report: Could you give us your bird’s-eye view of what you see ahead for…
9Sep2009 | The Gold Report | 0 comments | ContinuedWhy the Fall in the Gold Price When Physical Gold Remains in Huge Demand?
“Why was gold down so sharply yesterday?” asks gold guru Jeff Nichols of American Precious Metals advisers – “and this in the face of reportedly record demand from investors for bullion coins and small bars?”
This seeming disparity in the overt supply demand situation looks like an anomaly, but Nichols points out that news that European central banks sold 7.6 tons of gold in the week ending October 10th has certainly been a heavy burden on the price and helps explain why the metal could not move higher last week and, if selling has continued, in the past few days.
But, Nichols…
17Oct2008 | The Gold Report | Comments Off | ContinuedHOW TO CALCULATE YOUR OWN GOLD PRICE PROJECTION
More than any other commodity, gold’s price rises (and falls) with demand from investors; the demand from consumers and industrial users is very much a secondary consideration. Or to put it another way, what ultimately controls gold is mass psychology.
If you were an investor during the Internet craze, do you recall the absolute hysteria about NASDAQ stocks? Do you remember how everyone knew about them? Do you recall the excited banter about the latest Internet company you heard at work, at home, or with friends? Do you remember the stories of people getting rich almost overnight? I still remember a…
15Aug2008 | Daily Reckoning | Comments Off | ContinuedDollar Reversal: Prepare for oil and gold prices to drop this week!
Net shorts on a decline in the euro came in at 21,315 on April 29 — compared with net longs of 18,907 a week earlier, according to the Commodity Futures Trading Commission (CFTC). Currency strategists now expect the dollar reversal to reach $1.52 within the next few days.
That’s not a whole lot, compared to the epic decline of the greenback against the euro and almost all other major currencies over the past four years. So far, however, the U.S. currency has appreciated 3.6 percent from its record low of $1.6019 on April 22.
(As a reminder, $1.60 per euro had been…
5May2008 | J. Christoph Amberger | Comments Off | Continued
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