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The Mesh Report - 11/29 - The Gold Enthusiast

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Gold Price News: The Metal Pops Amid Summer Doldrums Season

Gold Price News: The Metal Pops Amid Summer Doldrums Season

Mike Hammer July 14, 2017 Comments Off on Gold Price News: The Metal Pops Amid Summer Doldrums Season

Retail sales disappointed again this morning, while the Consumer Price Index (CPI) on inflation advanced so little that it's not significant

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Gold Price News 2017: CEO Thinks It Should Be ‘$6,000 An Ounce’

Gold Price News 2017: CEO Thinks It Should Be ‘$6,000 An Ounce’

Mike Hammer July 13, 2017 Comments Off on Gold Price News 2017: CEO Thinks It Should Be ‘$6,000 An Ounce’

Today we feature an article your friendly Gold Enthusiast wishes he could have written.  And if he’d been watching TV at just the right time, he would have.  On Fox News yesterday the CEO

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How Much Will Indian Wedding Season Impact Gold Prices? [DETAILS]

How Much Will Indian Wedding Season Impact Gold Prices? [DETAILS]

Mike Hammer July 12, 2017 Comments Off on How Much Will Indian Wedding Season Impact Gold Prices? [DETAILS]

As we all have seen — over the course of time —the market does what it wants.  That age-old trader saying is proving out again, this time for gold demand in India.  The year

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Gold Price News: The Precious Metal Stagnates

Gold Price News: The Precious Metal Stagnates

Mike Hammer July 11, 2017 Comments Off on Gold Price News: The Precious Metal Stagnates

Today you, lucky reader, get a two-fer. That’s two things for the price of one. The reason for using this term will be revealed later, so keep on reading… This morning’s article was going

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LME News: Gold Futures Business to Finally Open

LME News: Gold Futures Business to Finally Open

Mike Hammer July 10, 2017 Comments Off on LME News: Gold Futures Business to Finally Open

After 5 years of talking, planning, and — who knows what else — the long-anticipated London Metals Exchange finally opens its gold futures business today.  Touted as a bold step into the future, the new contracts

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Gold News Today: This Month’s Financial Holdings Stats

Gold News Today: This Month’s Financial Holdings Stats

Mike Hammer July 7, 2017 Comments Off on Gold News Today: This Month’s Financial Holdings Stats

Borrowing inspiration from the classic 1980’s Wendy’s commercial, “Where’s the gold?”  As you may recall, each month the IMF releases a report showing, to the best of their ability, the IMF’s counting of which

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Gold Price News: Fed Notes Causing Chaos?

Gold Price News: Fed Notes Causing Chaos?

Mike Hammer July 6, 2017 Comments Off on Gold Price News: Fed Notes Causing Chaos?

We should add “Fed confusion” to the list of the two certain things in life. Yesterday’s Fed notes left rational people of the world scrambling for anything rational to hang on to. A correct

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Gold Price News: GLD Drops 1 Full Level [DETAILS]

Gold Price News: GLD Drops 1 Full Level [DETAILS]

Mike Hammer July 5, 2017 Comments Off on Gold Price News: GLD Drops 1 Full Level [DETAILS]

The short market day on Monday saw GLD drop from the Friday close of 118.02 to 116.09.  In trader-speak, this was a drop of one full level in just one trading day, which is a significant drop.  And,

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This Week in Gold: GS Turns Bullish [UPDATE]

This Week in Gold: GS Turns Bullish [UPDATE]

Mike Hammer July 3, 2017 Comments Off on This Week in Gold: GS Turns Bullish [UPDATE]

The Vampire Squid, aka Goldman Sachs, shocked the gold market last week by announcing they were now bullish on gold. This is a revelation because the bank-slash-investing house is notoriously bearish on gold.  Your own

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Gold Prices in India: GST Tax Hike Causing Frenzy?

Gold Prices in India: GST Tax Hike Causing Frenzy?

Mike Hammer June 30, 2017 Comments Off on Gold Prices in India: GST Tax Hike Causing Frenzy?

Gold buyers in India are paying 7.5% above the international price right now. The GST tax rate hike, from 1.2% to 3%, kicks in on July 1. So lots of folks are rushing to

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