In the case of high gold prices

Diane Alter money morning (United States) in the precious metal in the lowest range of recent safe-haven flows into the dollar towards a downward “case for higher gold prices” look.
On May 15, 2012 article from MONEYMORNING
The price of gold had a giddy 2011 Goldberg. In September, on the day of the bright yellow metal $ 1920 about 35 percent this year, Troy ounce high stirring until putting precious metals.

At that time, the person at the store around the corner, investors seemed to all purchases, traders and even, hoarding and lusting for gold.

But it was short lived, and the stars rise at the end of the year the price of gold crashed by almost 20% by.

Some of the noticeable reduction in the gold is actually selling it once the gold’s biggest cheerleaders “smart” money.

Some reflects some profit booking profits in your portfolio and sell it to other margin requirements that forced selling in the new year with another clean slate and wanted to start.

In 2012, and enjoy the splendour of gold prices in January, some of the People’s Republic of China new year celebrations especially helpful: 10%

Gold investors are more willing to stock at risk was another more delving into the future. Gold price in the first quarter, while Dow foundered at 8%, 12% and the NASDAQ S amp; P 500 and almost 19% gain to enjoy.

And, more recently, even the gold’s best friend, Federal Reserve Chairman Ben Bernanke, and provides a lot of help.

The two-day FOMC meeting depending on the initiation of the previous trading sessions in a day experience but the volatility of the gold was almost flat at the end of the administration. The Fed left interest rates steady and destruction are immediately is hoping for additional monetary easing measures.

Without the promise of more quantitative easing long gold holder is heading for the exit.

Nevertheless, many elaborate gold traders to pounce on every dip and gold.

Among them is an accomplished product investor Jim Rogers and.

Best deals in 1999 rally known for calling Rogers recently said, “If the bankruptcy, such as the eurozone countries such as Spain, there is the impact on the system, it will go at that point and smart or enough warning for more hope I would buy gold.”

Famous investors also is India, the world’s largest bullion buyers, gold earnings if you are implementing another tax increase, it would pave the way for smart entry point, since investors, would limit the country’s entry into the gold market, he added. India Government raise gold bullion, gold coin, Platinum level of 4 percent tax on March 19th, from 2% in January.

Meanwhile, in the United States, Rogers was somewhat optimistic about the economic situation, that’s why we have this year, the 2012 election is pulling in at least two years and that the Government stop to reinforce the United States economy.

So, buying your own portfolio, including goods banned Rogers and positioning. He said the economic recovery and prosper they’ll need more goods.

On the contrary, Rogers says if a recession looms, he performed a tipping growth is bound to print money because of the flood of goods wanted to have marijuana.

Either way, Rogers was like gold.

Gold is not a bullet proof. In fact, Rogers gold price correction may happen sooner rather than later, and the downside is $ 1200-$ 1300 per Troy ounce.

Investors sold off on surveillance and gold which can be wise to seize upon.

Of course, the precious metal was fascinated by the myriad reasons.

The World Gold Council notes:

Gold was paid by the customer’s commitment that does not rely on is one of the few financial assets: it provided another asset class, investment to the value of the portfolios of the insurance for extreme movements, one single assets or diversification. “asset values, add the fluctuate. protection against it is a hedge against inflation and to maintain the purchasing power of the currency fluctuations for the due role. hedge. demand for gold in the recent years the supply/demand ratio has continued growth is more than a quarter century in its most positive Prospects for the yellow metal has become more and more people where. paper currencies as gold prices rise as the store of value, a disenchanted.

Diane change
Contributing writer, money morning (United States)

In the case of high gold prices

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Higher gold prices, euro area stock markets slump again 5/17/2012

Analysis from the bullion Vault and guest post – gold news

Dollar lows against euro new 3.3% may drop this week in London, gold prices Thursday lunchtime, 2012 slid low, stocks rose again to fall by half.

Euro area investors Wednesday worked the European Central Bank Greece Bank in some confirmation, believes that solvent – gold prices above last week’s rise is down – low 1.9% level of trade to close.

Portugal Diario Economico newspaper, ECB and IMF missions from the European Union that its € insisted on visiting the Lisbon to discuss the contigency evaluates 78 Yen bail must be to exit the Greece, a single currency plan.

Greece swore today and in 6/17 in the interim cabinet scholar, lawyer, diplomat, pending fresh elections.

New Finance Minister of France, Pierre Moscovici, Françoise hollande said today the Socialist Government in the fiscal pact of the European Union ratified the agreement and 25 will last December not to 27 Member States.

While buying the debt of the three years of the new auction Spain to yield for investors 4.37% 2.89 only last month from charging % requested.

“The gold price relative intensity of extreme oversold is approaching overbought territory” from Nova Scotia bullion Bank Mocatta said the latest technical notes “still no signs of a change in trend”

“Gold is definitely oversold overbought territory in December and not some good buying interest low must be” Bloomberg quotes-Dong Zhuying sea Dori futures stock

Peel the level after “say in 1525, Ed Meir Intl FC stone $ support near the loss” if not in the “short-covering a decent amount of bearishness of traders gold price Wednesday” is fresh buy “saw.

European stock markets fell again Thursday, as you may lose the value of 11 8 session of Madrid’s IBEX 35 so far, fresh 9-year-old low-to index.

US Treasury bonds, and of was reversing initial dip, Germany embankment, fine-tune the borrowing costs 10 years back to the bottom of both Governments.

Crude oil is six months, low, near the United States energy stockpiles more held the new data since 1990 supply a plethora of Wednesday after more time than.

“If you see fragmentation in the euro area, especially money, shelter’d” starts this morning, market development group’s latest gold demand trends report Marcus grabs Bloomberg TV in the World Gold Council said.

“For trying to get the depreciation of the currency, and get inflation in some countries, others… as deflation hedge by and. Kim attribute front coming refers. ?

Says reports 38% value 1-3 quarter dollar and 13% of the weight of the World Gold investment demand rise from last year to the first quarter of 2012. Interview with grabs says plays are gold India now underpined China to catch up in two large markets in the jewellery sector, as well as Reuters Thursday morning.

“Is on the rise in China per gram consumption rate is. “

Recognized as the foremost global demand and supply analysis, World Gold Council China Gold demand again Q1 of 2012 India say beat.

“The overall is China’s largest gold market, first time going to see at the end of this year,” believe that grab. “Growth is 7-8% range still in worth to remember that. So we strongly believe the money to buy them and have gotten wealthy people.

Beijing last month has halved the percentage of imports prices for gold jewelry. Up to now to 2012, quadruples import tax India gold bullion.

Using CNY36.3 yen Wednesday last weekend cut post-reform China International House Council – enabling commercial bank, lend cash deposit details to ease the credit – China’s Central Bank reserve ratio requirements ($ 5 United Kingdom) large household purchases of electrical items, vehicles and energy saving light bulbs-auxiliary next 12 months.

Despite the reduction in reserve requirements, but financing by China’s four largest banks “flat so far this month” and has been Shanghai Securities journal.

Both central and commercial banks sellers foreign currency in April, said people’s Bank of China this week, indicating a capital outflow.

12 Months, China’s trade surplus, the financial times according to the referenced data been halved from a peak of above $ 300 early 2009.

Save 4 safety Switzerland safe dollars per month and bought gold at low prices live online market BullionVault… The maximum value for the property and choose to use the sell

BullionVault, 5/17/12
Daily market review of greatest London gold market report from the BullionVault world of physical gold and silver market investors. BullionVault, LGMR market, regular members of the London bullion market Association is a professional trade organization open daily, bringing the physical gold trading and the latest gold price action is wide is $ 240 for the world, insider analysis, comments put in financial and economic context of issues from the Centre.

Please note: all articles published here is to inform your thinking, not lead. Just any decision you make, you can choose the best location for the money your money at risk. You should review and act on it might have already been overtaken and other event information or data contained herein, you need.

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Dollar Strength "Making It Difficult" for Gold Prices to Rally – Gold Analysis

AppId is over the quota
AppId is over the quota

Dollar Gold Prices fell as low as $1574 per ounce Friday morning – their lowest level since the first week of January – before recovering some ground, while stocks and commodities fell and US Treasury bonds gained, with dealers in major gold buying countries reporting continued limited demand for precious metals.

Silver Prices fell to $28.54 an ounce – also a four-month low, and 6.1% down on last Friday’s close.

Heading into the weekend, spot market Gold Prices looked set for a 3.7% weekly loss by Friday lunchtime in London. Based on PM London Fix gold prices, the week ended 2 March was the last time gold fell further in a single week.

On the currency markets, the Euro fell to its lowest level against the Dollar since January 23 – two days before the Federal Reserve published policymakers’ interest rate projections for the first time, showing a majority expected near-zero rates until at least late 2014.

The US Dollar Index – which measures the Dollar’s strength against a basket of other currencies – hit its highest level since March 16 this morning.

“When the market gets very nervous, then they buy Dollars and gold finds it difficult to rally,” says Jesper Dannesboe, senior commodity strategist at Societe Generale in London.

“Given what’s going on in the markets at the moment, any rally will probably just be a bounce before another setback.”

The Reserve Bank of India ordered exporters to convert 50% of their foreign exchange holdings to Rupee Thursday, a day after the currency closed at an all-time low against the Dollar in Indian trading.

Despite the central bank’s move, however, the Rupee again fell against the Dollar on Friday, at one point coming within 0.6% of Wednesday’s low. Rupee Gold Prices however still traded slightly lower this morning. The most heavily traded gold contract on Mumbai’s Multi Commodity Exchange, the June delivery contract, touched its lowest level in over a month during Friday’s trading.

“Slowly deals are taking place as market is in the falling mode,” one dealer told newswire Reuters.

“Traders will try to catch the bottom…[but] people will not be willing to maintain huge inventory in a falling market and only resort to need-based buying.”

Over in China – behind India the world’s second-largest gold buying nation last year – some Gold Dealers say they expect to see gold demand growth fall this year.

“Chinese consumers share a quite pronounced tendency in which they usually Buy Gold when prices are rising and refrain from purchasing when prices are conceived to be on a downtrend,” says Xin Zhihong, vice president at Shanghai jeweler Lao Feng Xiang.

“Some consumers are now sitting on the sidelines…the expectation that Gold Prices will always rise and that gold’s value can only appreciate seems to have faded.”

“It’s the worst start of the year [for Chinese gold demand] since the financial crisis in 2008,” adds Emily Li, brand general manager at Chow Sang Sang, the second-biggest gold jeweler in Hong Kong.

China’s gold imports from Hong Kong – seen by many as a proxy for overall imports – rose 59% month-on-month in March, figures published this week show. The 63 tonnes figure however was 39% down on last November’s all-time high, while the volume of gold heading from China to Hong Kong also rose, leaving net exports in March at 38 tonnes.

Chinese consumer price inflation fell to 3.4% last month – down from 3.6% in March, according to official data. Growth in retail sales and industrial production also slowed, while figures published Thursday show exports grew by 4.9% year on year in April, compared to 8.9% y-o-y a month earlier.

The lower CPI figure “confirms that inflation is trending down and that the policy focus will remain on promoting growth,” reckons Zhang Zhiwei, Hong Kong-based China economist at Nomura.

“The weak export data yesterday put more pressure on the government…probably policy loosening will become more likely going forward.”

Here in Europe, the Spanish government is set to miss its deficit targets in both 2012 and 2013, with both Spain and Italy expected to fall back into recession, according to European Union forecasts published Friday.

The forecasts, produced by the European Commission, show that Spain’s deficit for this year is expected to be 6.4% of GDP – compared to an EU target of 5.3%. In 2013, Spain is expected to have a 6.3% deficit-to-GDP ratio, versus a target of 3%.

Despite the news, yields on 10-Year Spanish government bonds fell slightly this morning, dipping back below 6%.

France meantime is forecast to meet its 2012 deficit target of 4.5% of GDP. Next year, however, the Commission says it expects the French government deficit to be 4.2% of GDP, meaning that France, like Spain, would miss the 3% target. The Commission has the power to fine governments that miss EU targets.

“Without further determined action…low growth in the EU could remain,” said Olli Rehn, European Commissioner for economic and monetary affairs, adding that there are “large disparities between member states”.

In Germany, consumer price inflation remained unchanged at 2.1% last month, official figures published Friday show.

German inflation however is likely to be “somewhat above the average within the European monetary union” Bundesbank head of economics Jens Ulbrich told the German parliament finance committee this week.

Greece, which is still without a government after Sunday’s election, must stick to its reform plans or it risks having bailout payments stopped, German foreign minister Guido Westerwelle said Friday.

“If Greece strays from the agreed reform path, then the payment of further aid tranches won’t be possible,” said Westerwelle.

Over on Wall Street, JPMorgan recorded a $2 billion trading loss in the first quarter of the year, Q1 earnings published Thursday show.

“This puts egg on our face,” said JPMorgan chief executive Jamie Dimon, who blamed “errors, sloppiness and bad judgment” for the losses.

Investors meantime are “losing faith” in commodity hedge funds, Reuters reports.

“For people that only came in when the noise about commodities started a couple of years ago, they have basically done nothing,” one investor told the newswire.

Get the safest gold – stored in non-banking sector professional vaults in your choice of London, New York or Zurich – and pay the lowest possible prices, with BullionVault…

BullionVault, 11 May ’12
The London Gold Market Report is the daily market review from BullionVault, the world’s largest physical gold and silver market for private investors. A full member of professional trade body the London Bullion Market Association, BullionVault publishes the LGMR every day that the market is open, bringing you insider comment and analysis from the very center of the world’s $240 billion-a-day physical gold trade, and putting the latest gold price action into its wider financial and economic context

Please Note: All articles published here are to inform your thinking, not lead it. Only you can decide the best place for your money, and any decision you make will put your money at risk. Information or data included here may have already been overtaken by events – and must be verified elsewhere – should you choose to act on it.

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View the original article here

In the case of high gold prices

Diane Alter money morning (United States) in the precious metal in the lowest range of recent safe-haven flows into the dollar towards a downward “case for higher gold prices” look.
On May 15, 2012 article from MONEYMORNING
The price of gold had a giddy 2011 Goldberg. In September, on the day of the bright yellow metal $ 1920 about 35 percent this year, Troy ounce high stirring until putting precious metals.

At that time, the person at the store around the corner, investors seemed to all purchases, traders and even, hoarding and lusting for gold.

But it was short lived, and the stars rise at the end of the year the price of gold crashed by almost 20% by.

Some of the noticeable reduction in the gold is actually selling it once the gold’s biggest cheerleaders “smart” money.

Some reflects some profit booking profits in your portfolio and sell it to other margin requirements that forced selling in the new year with another clean slate and wanted to start.

In 2012, and enjoy the splendour of gold prices in January, some of the People’s Republic of China new year celebrations especially helpful: 10%

Gold investors are more willing to stock at risk was another more delving into the future. Gold price in the first quarter, while Dow foundered at 8%, 12% and the NASDAQ S amp; P 500 and almost 19% gain to enjoy.

And, more recently, even the gold’s best friend, Federal Reserve Chairman Ben Bernanke, and provides a lot of help.

The two-day FOMC meeting depending on the initiation of the previous trading sessions in a day experience but the volatility of the gold was almost flat at the end of the administration. The Fed left interest rates steady and destruction are immediately is hoping for additional monetary easing measures.

Without the promise of more quantitative easing long gold holder is heading for the exit.

Nevertheless, many elaborate gold traders to pounce on every dip and gold.

Among them is an accomplished product investor Jim Rogers and.

Best deals in 1999 rally known for calling Rogers recently said, “If the bankruptcy, such as the eurozone countries such as Spain, there is the impact on the system, it will go at that point and smart or enough warning for more hope I would buy gold.”

Famous investors also is India, the world’s largest bullion buyers, gold earnings if you are implementing another tax increase, it would pave the way for smart entry point, since investors, would limit the country’s entry into the gold market, he added. India Government raise gold bullion, gold coin, Platinum level of 4 percent tax on March 19th, from 2% in January.

Meanwhile, in the United States, Rogers was somewhat optimistic about the economic situation, that’s why we have this year, the 2012 election is pulling in at least two years and that the Government stop to reinforce the United States economy.

So, buying your own portfolio, including goods banned Rogers and positioning. He said the economic recovery and prosper they’ll need more goods.

On the contrary, Rogers says if a recession looms, he performed a tipping growth is bound to print money because of the flood of goods wanted to have marijuana.

Either way, Rogers was like gold.

Gold is not a bullet proof. In fact, Rogers gold price correction may happen sooner rather than later, and the downside is $ 1200-$ 1300 per Troy ounce.

Investors sold off on surveillance and gold which can be wise to seize upon.

Of course, the precious metal was fascinated by the myriad reasons.

The World Gold Council notes:

Gold was paid by the customer’s commitment that does not rely on is one of the few financial assets: it provided another asset class, investment to the value of the portfolios of the insurance for extreme movements, one single assets or diversification. “asset values, add the fluctuate. protection against it is a hedge against inflation and to maintain the purchasing power of the currency fluctuations for the due role. hedge. demand for gold in the recent years the supply/demand ratio has continued growth is more than a quarter century in its most positive Prospects for the yellow metal has become more and more people where. paper currencies as gold prices rise as the store of value, a disenchanted.

Diane change
Contributing writer, money morning (United States)

In the case of high gold prices

Related posts:

-Gold Gift Show “embarrassing” Bearishness-Greece faces June DeadlineGold is not Gold bull market update through technical analysis and robbery to buy gold claims in the worst crisis of MayDollar 12-AnalysisGold “difficult”-gold demand news and analysis-rally in gold prices in price Steadies

View the original article here

Fair Trade Gold – Fair Prices, Greener Gold

A new initiative has been announced that will allow gold miners in developing counties to sell their gold under a new labelling system of fair trade. A partnership between Fair Trade Labelling Organisations International (FLO) and the Alliance for Responsible Mining (ARM) is making the initiative possible. Also, consumers are now able to choose to buy fair trade gold the same way they can purchase fair trade olive oil, avocados, tea, or coffee. This is an important option for consumers to consider because, even though most of the gold in the world is mined by large companies, about 15% is mined by artisanal miners using basic equipment and tools to mine the precious metal.

Many artisanal miners come from impoverished areas where the income of the miners is the driving force of the economy. There are many communities like this around the world. In fact, the livelihoods of about 100 million people depend almost solely on small-scale miners’ abilities to make a sale from their mining efforts. In the past, it has been unfortunate that these artisanal miners have not been given a fair price for their gold. Without access to global markets, many gold miners have no choice but to sell to middlemen at incredibly unfair prices. However, the new initiative will put an end to this and ensure fair trade gold prices for these impoverished individuals.today.com
Artisanal miners being positively influenced by fair trade gold have more problems on their hands than just the price they can sell their gold for. They are often exposed to toxic substances, mercury in particular, as they attempt to isolate the gold they mine from other minerals. This causes long-term damage to the miners themselves along with their environment and others in the community. Also, since many of these small-scale miners are located in the Democratic Republic of the Congo, issues such as war are a serious problem. More than five million lives have been lost because of civil wars.
Therefore, another important facet of the fair trade gold initiative is that gold eligible to receive the fair trade certification will need to have been obtained in an as minimally environmentally damaging way as possible while also not causing or promoting violence. In fact, miners who avoid harmful chemicals in their mining processes will be awarded an “ecological premium.” The Fair Trade logo, which is recognised by 70% of UK consumers, will provide you with a reliable point of reference in the confusing jewellery industry.bbc.com