PRECIOUS-Gold Rises to Two-Week High as U.S. Equities Drop
* Gold extends gains to fourth session
* Dollar index turns higher, limits further rise
* SPDR Gold Trust holdings drop
Gold Is Not In A Bear Market: Doug Eberhardt
Written by Doug Eberhardt (Source)
Disclosure: The author has no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. The author wrote this article themselves, and it expresses their own opinions. The author is not receiving compensation for it. The author has no business relationship with any company whose stock is mentioned in this article.
Summary
- We are still in the second and longest stage of the gold bull market.
- Deflation everywhere, however,
Gold’s Headwinds Now Starting To Fade – Look For Higher Prices Ahead
Summary
- Positive seasonal factors are now in effect for precious metals and this should help push prices higher in the period ahead.
- A stronger dollar continues to limit gold and silver price gains, however, a dovish Federal Reserve could cause the dollar rally to reverse course.
- Safe haven demand remains strong and this too could boost demand for
PRECIOUS-Gold rises for 3rd straight day – Stock Market Volatility May Increase
(Reuters) – Gold rose for a third consecutive session on Thursday as tensions in Ukraine increased and equity markets retreated. Gold rose as much as 1 percent early in the day, but later trimmed gains after
U.S. Debt At 102% Of GDP Hits Another Record – Good Time To Buy Gold?
Is it a good time to buy Gold?
- The US budget Deficit grew another $95 billion in July 2014.
- So far, the US borrowed 15.7¢ of every dollar it spent in Fiscal 2014.
- Total US Debt now stands at a record $17.7 trillion or 102% of GDP!
- ECRI’s USFIG (US Future Inflation Gauge) now at a 71-month high.
Despite a US economy slowly on the mend, the US deficit continues to grow as the Federal Reserve continues to keep interest rates artificially low while printing money with “quantitative easing” or QE to buy debt at these low rates. If the Fed doesn’t walk the perfect tightrope to taper its QE then raise rates to head off high inflation, gold and other physical assets could soar. Some think it could already be too late and another bubble is
Is It Time To Buy Gold Now? Gold Sniffs $1300 After FOMC Meeting
Summary
- Typically in times of crisis, investors pile into gold. (See Chart Below)
- Last week, trading on the Iraq news, gold was up $22 an ounce.
- But is now the right time to buy gold, or should investors be buying “black gold” instead?
Terry Sacka: The Wealth Transfer “Introduction to Shadow Banking and Statistics”
Terry Sacka on the Wealth Transfer show on CTN broadcasted every night at 10pm EST touching on our federal debt, credit market instruments liabilities and introducing next week’s show on shadow banking and statistics.
Is Gold Trying to Break Out?
Is there a break out in gold and new low for bond market yields? CNBC’s Patti Domm explains. Gold is trading above its 200 moving day average, helped by the weaker dollar. The bond market was the biggest source of anxiety
Jim Rickards Unplugged Talks Gold, The Fed, The US Dollar and More
Rickards – “If You Think Bank Bailouts Were Unpopular, Wait Until We Have To Bail Out The Fed”
Controversial best-selling author James Rickards sits down with Hedgeye CEO Keith McCullough to discuss a number of important subjects in this wide ranging interview:
00:58 Keynesian Economics = Junk
3:00 The Fed Uses The Wrong The Model
The Ukraine Saves The Gold Market…Again (VIDEO)
A look at the rise in gold stocks, and the action in the market after President Obama called for a UN Security Council meeting, with CNBC’s Bob Pisani.
Summary
- Escalating violence in The Ukraine again spurred safe haven demand for gold, preventing