Of Israel, Iran, and $150 Oil »
Next year is going to be very interesting.
The presidential primaries and general election will be more melodramatic than an episode of Jersey Shore.
MTV producers in their wildest dreams couldn’t come up with some of the stuff we’ve seen already: Ni*gerhead, vaccine-induced retardation, Herman Cain.
Wait ’til it’s down to just two.
But 2012 will [...]
Daly Gold Report 12/30/2011 »
Precious Metals Market Comments
by Mike Daly, PFGBEST
1-877-294-4669
mdaly@PFGBEST.com
Friday, December 30, 2011 at 1:53 PM
Gold Settles $25.90 Higher … ($1566.80)
February Gold futures traded a vast $36.60 range on moderate volume to end the year.
On January 3rd 2011 Gold settled at $1436.10 per ounce and here on December 29th the last trading day of the year we settled [...]
Lessons Learned in 2011 and Implications for 2012 »
2011 certainly was a difficult year for gold bugs. Gold barely held onto its gains for the year while Silver went parabolic and eventually fell to negative on the year. Mining stocks? Don’t ask. The large caps (gdx) are currently down 17% on the year while the mid-tiers (gdxj) are down 41% and the explorers [...]
Further Moves Lower in Gold Seem Unlikely »
Based on the December 30th, 2011 Premium Update. Visit our archives for more gold & silver analysis.
We are on the cusp of a new year, and this is the time that we take a look at those brave (or foolhardy) financial analysts who take out their crystal ball and predict where precious metal prices will [...]
Gold Records 11th Annual Gain, Ends 2011 Up 11% as World Stocks Drop 8% »
Fri 30 Dec., 05:55 EST
Gold Records 11th Annual Gain, Ends 2011 Up 11% as World Stocks Drop 8%
The PRICE OF PHYSICAL gold crept higher early Friday, recovering half of this week’s 5% loss to near 6-month lows as the Euro currency rallied from 12-month lows and world stock markets held flat.
The last London Gold Fix [...]
Is a Powerful Rebound In Gold and Silver Prices About To Begin? »
Rarely has such technical destruction been visited on stalwart sectors such as gold, silver and the mining stocks(GDX). The silver charts reveal technical damage not seen since the destruction of 1984. It can only be conjecture that can account for a once in a generation obliteration of a once hallowed sector. It must be remembered [...]
Personal Responsibility »
I get 12.8 miles per gallon and I love it.
There, I said it.
Why don’t I care?
Because I drove all year for just over $3,000. I four-wheeled through snow and mud and corn and soy and wheat fields.
I towed my girlfriend’s car. I hauled loads of stone and dirt and mulch.
I helped friends move. I avoided [...]
GOLD’S D-WAVE CONFIRMED »
With the move below $1535 this morning gold has confirmed that it is still moving down into a D-Wave bottom. There has been some question as to whether or not the D-Wave had bottomed in September. The penetration of that intermediate low this morning confirms that the D-Wave did not end during the overnight selloff [...]
Should All the Bad Debts Be Forgot? »
Energy Market Comments
by Phil Flynn, PFGBEST
1-800-935-6487
pflynn@PFGBEST.com
Friday, December 30, 2011 at 7:39 AM
The Energy Report for Friday, December 29th 2011
By Phil Flynn 800-935-6487 email pflynn@pfgbest.com
Should all of Europe’s debt be forgot and never brought to mind? Should all the high yields be forgot for days of Auld Lang Syne.
Well it seems late in the session Europe and [...]
Gold Hits 6-Month Low, Breaches “Lehman’s Uptrend”, on Euro Interbank Crisis, Forced Japanese Sales »
Thurs 29 Dec., 06:20 EST
Gold Hits 6-Month Low, Breaches “Lehman’s Uptrend”, on Euro Interbank Crisis, Forced Japanese Sales
The WHOLESALE MARKET gold price fell further on Thursday in London, hitting its lowest London Gold Fix since 8th July at $1537.50 per ounce – 19% below Sept’s record high – on what dealers called “long liquidation” and [...]
