Gold Buying by Central Banks May Send Signal to Sell

Gold Buying by Central Banks May Send Signal to Sell
Dec. 16 (Bloomberg) -- Some of the biggest buyers of gold may be sending the strongest signal to sell it, if past performance is indicative of future results. Read article

Bob Chapman : Gold will break all records

Bob Chapman wrote on The International Forecaster of September 15 2010: "Gold going higher, help creating jobs, Greece, Europe's poster child of failure, about quantitative easing, political corruption, real help is needed to create jobs.

On Friday, September 10, 2010, Horizon Bank, Bradenton, FL was closed by the Florida Office of Financial Regulation and the Federal Deposit Insurance Corporation (FDIC) was named Receiver. No advance notice is given to the public when a financial institution is closed.

In site of intervention by “the Working Group on financial Markets”, gold has increased almost 16% year-to-date. It has done so for each of the past ten years, which has gone almost unnoticed by professionals and investors. Obviously some are watching or the price wouldn’t be where it is. Commodities have been up for 11 years and nine years for Treasuries. As you know we are trend followers, so gold and silver have been kind for our readers since June of 2000. That is after we bailed our subscribers out of the stock market in the second week of April of 2000. We were at a conference and Joe Granville made the same call on that sunny Saturday, so long ago."

Why Precious Metals Aren't in a Bubble

Why Precious Metals Aren't in a Bubble
Critics of precious metals investing have called gold and silver a bubble, further claiming that today's higher prices will fade as economic conditions improve. Although gold and silver prices are much more expensive than they were even a few years ago, gold and silver are hardly near bubble status. Read article