Can this be a new bull market for gold?

  • Posted by Allan Lederman
  • On February 23, 2016
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The jury is out for now but there are encouraging signs: Negative interest rates (don’t underestimate) Non stop printing of money through bond/debt monetization Oil sector instability impacting solvency of banks General weakness in world economy impacting confidence On the other hand: Threat of rising interest rates. This is strange because higher debt service would […]
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Wild ride for gold

  • Posted by Allan Lederman
  • On February 16, 2016
  • 0 Comments
Gold has been on a wild ride of late peaking at 1263 only to fall to 1191 last night.Right now in the 1215 range, which is not bad considering most pundits had 1,000 in their gun sights a  month and a half ago. No less than Goldman Sachs called for 1,000 yesterday, perhaps the most bullish […]
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Metals firm, for now…..

  • Posted by Allan Lederman
  • On February 9, 2016
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Gold & silver have made what appears to be a breakout, confirmed for now by a similar charge in mining shares. Platinum and palladium joining reluctantly. Minor PGM’s absent from the party. The good news Worries about bank balance sheets Negative interest rates becoming mainstream Doubts about growth going forward, making debt service more onerous […]
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Gold, Mining stocks break out

  • Posted by Allan Lederman
  • On February 5, 2016
  • 0 Comments
What exactly is the gold market telling us? Though not unusual to perform well in the run up to Chinese New Year, this year’s run in gold feels different. This time mining stocks, while still extremely undervalued, are picking up steam. could smart money be smelling danger in the financial markets? Well, if don’t think […]
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Metals await further developments

  • Posted by Allan Lederman
  • On February 2, 2016
  • 0 Comments
Metals have adopted a recurring theme of late. Gold is bid to looming instability due to deflationary pressures impacting credit quality, general lack of confidence in monetary authorities ie, CB’s, perhaps Chinese New Year demand is helping. Bottom line, the debt load is becoming unsustainable, even low interest rates cannot hold the floodwaters back. Sooner […]
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