August 19, 2014
Gold prices slightly lower on a stronger U.S. dollar ahead of Janet Yellen's speech due at the end of the week. U.S. stocks higher, Nasdaw Composite hits 14-year highs. Gold last traded at $1,296 an ounce. Silver at $19.41 an ounce.
Oklahoma Moves Towards the Gold Standard - Forbes--8.18.14
There has been little controversy in Oklahoma around removing one of the obstacles to use gold as money. Governor Mary Fallin has signed into law legislation that recognizes gold and silver as money.
Gold Will Continue to Outperform Major Assets - Money Morning--8.14.14
Gold prices have had a strong first half in 2014. Gold has been the best performer among major asset classes this year. Money Morning Resource Specialist Peter Krauth sees more gains for the metal for the rest of the year, making now the perfect time to buy gold.
Gold going to $5,000 per ounce: Mining executive - CNBC--8.14.14
McEwen Mining founder and chief owner Robert McEwen says he is bullish on gold and see the yellow metal ultimately getting to $5,000 an ounce.
Gartman reckons end-game for gold price management could be nigh - Mineweb--8.11.14
Financial expert and commentator Dennis Gartman believes "The Force" that has been keeping the gold price down may well be near defeat. This could be a major signal that investors and fund managers should get back into precious metals.
Central banks continuing to boost gold reserves - Mineweb--8.5.14
With the crisis in Ukraine growing, many central banks have been accumulating gold. In June alone, the Russian central bank has hiked its gold holdings by 16.8 tonnes.
Gold may be entering a golden age - Market Watch--8.4.14
Gold generally does well in negative real-rate environments, when inflation is higher than interest rates. We may be on the verge of that happening, which explains some of the recent strength in commodities.
Steve Forbes: Return to Gold Standard Would Give Dollar 'Stable Value'- Money News--7.31.14
According to expert Steve Forbes, a return to the gold standard would stabilize and strengthen the U.S. economy. The gold standard was dropped by President Roosevelt in 1933.
Gold may soon break out of its bear market - CNBC--7.29.14
Right now is the time to own gold. The current state of the world is in turmoil. Israel has conflict along the Gaza strip and trouble continues to grow between Ukraine and Russia.
A Chinese Gold Standard? - NY Times--7.24.14
Many international critics believe when the U.S. ended the dollar link to gold it turned its back on its responsibilities as the guarantor of the international monetary system. China's accumulated reserves give it plenty of ammunition to claim leadership in the creation of a new monetary order.
Escalating Ukraine crisis could blow gold sky high- Mineweb--7.22.14
The Ukraine crisis is far from over and has brought a safe-haven focus back into the gold market, which is likely to remain. A big gold price escalation is looming soon rather than later.
The worst for gold may be over: Bank of America Merrill Lynch- Market Watch--7.21.14
Analysts at Bank of America Merrill Lynch say the worst days for gold may be over. Analysts don't see a repeat of 2013 because natural interest rates are falling for several reasons and inflation expectations should gradually pick up.
'Why I am backing cash and gold until stock markets fall' - The Telegraph--6.30.14
With stock markets at an all-time high, the risks of capital are rising. Zero interest rates and low bond yields have forced savers reluctantly into shares.
Experts: America's gold is gone - WND--7.17.14
Former U.S. Treasury official Dr. Paul Craig Roberts told King World News that entire U.S. gold hoard, including gold being help for other countries, is now gone.
Gold spikes on Malaysia Airlines crash - The Telegraph--7.17.14
Gold spiked and stocks fell as investors took fright at the loss of a passenger jet in Ukraine near the border with Russia. Gold is a shelter for investors in times of uncertainty and surged as much as 1.9%.
Gold Plunges Back Below $1300 As "Someone" Dumps $2.3 Billion In Futures - Zero Hedge--7.15.14
After dovish comments from the Fed "someone" sold over 17,000 contracts, or $2.3 billion in gold futures, causing the metal to fall below $1,300 an ounce. Gold still remains above its pre-June FOMC levels.
Gold Solidly Higher, Hits 4-Month High, On Safe-Haven Demand, Buy Stops - Forbes--7.10.14
Gold prices rose sharply higher and scored a nearly four-month high on Thursday. This was mostly due to safe haven demand following recent developments in Europe and China overnight.
Charts hinting at a big move for gold- Yahoo! Finance--7.9.14
One market expert says that gold and gold miners are just starting to get going to the upside despite the pullback in the beginning of July. According to the expert, "if past is prelude the skepticism surrounding gold bullish."
Gold is precious again with funds going long - Mineweb--7.8.14
After a weak 2013, demand is now back up for gold and prices are now defying bearish forecasts. Money managers have increased net-long positions for a fourth straight week through July 1.