Gold climbing with gusto!
Greetings from American Gold Exchange. Since our Strong Buy Alert of February 20, gold pushed up from $256 to $269, pulled back to $259, and is now pushing higher once more. Today alone gold gained $6.20, closing at over $272.00, a 10-week high! Gold is looking very strong and conditions are ripe for continued gains. […]
Read MoreFed cuts rates again
Fed cuts rates again Gold's positive response British auction Silver investments today Platinum stalls Gold has been range-bound for several weeks, trading between $262.50 to $268.00 per ounce. During the last few trading sessions, however, pressure has been towards the upper end of this range, as both the U.S. economy and dollar are showing increased […]
Read MoreGold undervalued and overlooked
Gold undervalued and overlooked Energy prices up, up, up Trade deficit sets record Strong dollar Stock market pessimism grows Gold undervalued and overlooked In over 20 years of trading this market, I have to say, this is one of the quietest trading periods I have ever seen. It is too quiet! Something has to give, […]
Read MoreGold at cyclical low
Gold at cyclical low European gold sales Stealth inflation and expensive oil Record trade gap Be prepared! Gold at Cyclical Low Inflationary pressures, quietly, are continuing to build. Energy prices are up 22.6% so far this year and climbing. With U.S. oil inventories approaching a 24-year low and natural gas reserves perilously depleted, we might […]
Read MoreGold holds in range
Gold holds in range Dollar prospects dimming Stocks lose while oil gains Fight inflation and win New website up and running! Gold holds in range Over the last few weeks gold has continued to trade in a fairly narrow range, with spot prices vacillating between a low of 283.40 and a high of 292.50. The […]
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