By Peter Schiff - europac.net

In an April speech in Berlin, Dr. Andreas Dombret, a member of the Executive Board of the Deutsche Bundesbank (the German central bank), offered a startlingly frank assessment of the current problems in Europe.  Although his comments were meant to apply to the tensions and imbalances that exist between the northern and southern tier of the 17-member eurozone, they shed inadvertent light on the broader global economy...

Gold bulls ascendant amid best start to year in 3 decades...

By Nicholas Larkin | bloomberg.com

Gold traders are bullish for a fourth consecutive week, betting that the Federal Reserve’s pledge to keep interest rates low until late 2014 will extend the metal’s best start to a year in more than three decades.

With escalating fears from gold and silver investors around the world, including professionals, today King World News interviewed legendary Jim Sinclair.  When KWN asked if he has ever seen this kind of fear and panic in the gold market, Sinclair responded, “Not in the first gold market (1970s), not in the gold market we are in now, not in the correction (in ’08 & ’09), which took us down after the first move through $1,000 and back under $800.”

By Dominic Frisby Dec 07, 2011

Today, I am going to address one aspect of what has been the most annoying, the most frustrating, the most galling thing about the stock market over these last five years – to me, at least.

If you don't own gold now's a good time to buy...

By Dominic Frisby, Moneyweek.com

I’m not sure we are going to see new highs in gold any time soon.

In fact, I’d wager some meaningless nickel coins that we’ve already seen the high for 2011. (The $1,923 an ounce level that was set in early September).

But I would also argue that we’ve seen the lows for the year as well.

By This e-mail address is being protected from spambots. You need JavaScript enabled to view it , MarketWatch

NEW YORK (MarketWatch) — Gold bugs have been shaken by the size of what they see as a manipulative bear raid, but they still believe Asian off-take underpins the market.

Gold had been declining for several days, but in the early Asian hours of Monday Sept. 26, it was struck a terrific blow, plunging $130 in a few hours before recovering.

As Australia’s The Privateer noted thoughtfully this weekend: “That plunge … brought the gold price down pretty close to its 40-week (200-day) moving average. Gold hasn’t been below that 200-day moving average by any more than a few [U.S. dollars] since late January 2009.”

Shane Carroll - Goldbank.ie

 The last several months have seen the gold price shoot from 1020 euro up to an all time high of 1375 euro this weekend. Given that last year’s all time high in euros was 1070 and the first six months of 2011 were spent in a trading range of 1000 to 1070 euro this is an extremely strong performance over the summer months. The pattern for metals is periods of strength followed by weakness and vice versa and gold seems to searching for an opportunity to correct at the present time but  the constant stream of bad news is preventing any correction from gathering strength.  Every time the price has moved down in the last 3 weeks the dips have been met by strong buying of  physical product which has driven the bears into hiding...

By Chris Weber,  The Weber Global Opportunities Report

Chaotic economic climate sends gold rising...

By This e-mail address is being protected from spambots. You need JavaScript enabled to view it , MarketWatch

NEW YORK (MarketWatch) — A great day for gold — and the bugs (mostly) think more are to come.

European sovereign-debt markets in chaos threatening the viability of the euro — budget deadlock in Congress — Ben Bernanke implying yet more monetary ease — and this evening Moody’s threatening a downgrade on U.S. debt … and gold goes to new highs?

Duh! Many would say: How could it not?

By Shane Carroll - investoronline.ie

By Shane Carroll – Goldbank.ie

We are 10 years into a precious metals bull market which has seen gold go from under $300 an oz at the end of the stock market bubble in 1999 and 2000 to over $1500 dollars today. In the same time frame the Dow Jones has gone from 11722 on January 14^th 2000 to 12084 on June 20^th 2011. Impressive. Gold’s rise has been steady but not meteoric.

Against the euro the gains over the last decade have averaged 14% per annum and against the dollar those gains have been slightly higher at over 18%.But after a decade of good returns on gold and silver is it time for investors to exit the market ? Lets have a closer look at the factors in the years ahead that are likely to drive the gold price...

By This e-mail address is being protected from spambots. You need JavaScript enabled to view it , MarketWatch

NEW YORK (MarketWatch) — Another fabulous Friday for gold has the bugs bugalooing.

With two distinct surges, early and late in the New York morning, gold as represented by the CME June contract closed at a high for the week, up $13.50 on the day at $1,536.30, and up $27.40 (1.8%) since last Friday.

This was in fact gold’s fourth-highest close ever — only three days around the last weekend of April this year were higher.

Gold in euro- and British-pound terms actually reached record highs during the week, very gratifying for The Gartman Letter, which holds most of its substantial model portfolio’s gold position hedged into various currencies, including these.

Technically oriented observers were impressed. Trader Dan’s Market Views (see website ) remarked of the gold chart: “First of all, from a trend-following perspective, it is trading above all the major moving averages once again. … Secondly, the 10-day moving average, which had been moving down until last Friday, has now turned up and is trending higher. It is also getting ready to make a bullish upside crossover of the 20-day moving average.”

The anonymous Technical Commentary, carried by Bullion dealer ScotiaMocatta, was even more positive (and more arcane): “Gold is closing the week at $1,536. This is the second consecutive up week off $1,536. It is interesting to note that both these up sessions have closed at their highs. Gold’s move above 61.8% Fibo level at $1,533 … puts the $1,577 all-time record high back in sight. Looking of the price action off the 2011 low of $1,308 … we could see another leg up toward $1,600...

To read more click the link below:

http://www.marketwatch.com/story/gold-signaling-hyperinflation-2011-05-30

By Nicholas Larkin | bloomberg.com

Sales of gold coins are on track for the best month in a year amid the worst commodities rout since 2008, a sign that bullion’s longest bull market in nine decades has further to run, if history is a guide.

By Ian Cowie | telegraph.co.uk

Highly priced flotations such as Glencore and volatile markets in metals such as silver mean that commodities are a bursting bubble, some say.

The price of silver has fallen sharply since reaching a peak of almost $50 an ounce recently.

The past few weeks and months have witnessed an impressive rally in the price of precious metals. When any commodity has such an impressive run as silver and gold have, it would be natural to question how far it has left to go.