Stronger Euro Impacting Gold : Jeb Handwerger, editor of GoldStockTrades.com, discusses the impact of the strengthening Euro on gold prices."Well then in late January. When gold was experiencing a opposite -- we decline. We called for a rally at a measured move 600 dollar area.I encourage you. Are seasonal cycles so into June. We still expect that 16100 dollar area to be hit.the -- strengthening today it seems like that Germans are going to be loosening their stance regarding the Greek bailout. "
Tuesday, May 31, 2011
Gold a Currency, Not Commodity says Eugen Weinberg
Gold is being driven by the weakness of the dollar and the low interest rates says Eugen Weinberg, senior commodity analyst at Commerzbank, interviewed by CNBC. "We need to look at gold as something different than normal commodities which are really profiting from the scarcity (of) the supply and demand," "We need to look at the gold as a currency, and the currency is being driven by the developments in Europe."
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Bob Chapman - Real Estate is illiquid and vulnerable
Bob Chapman - National Intel Report - May 31, 2011
Bob Chapman : people have learned at least these three generations we are living in now that Real Estate is illiquid and vulnerable , and you buy a house to live init not to gamble with it
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