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Gold Price News: Where Do We Go From Here?

Gold Price News: Where Do We Go From Here?

Mike Hammer July 31, 2017 Comments Off on Gold Price News: Where Do We Go From Here?

In today’s gold price news, every day someone is spouting their opinion on a market.  Whether it’s the stock market, oil, pizza or gold, everyone has their opinion.  With the Dow closing at all-time highs Friday

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Gold Price News: China Inhaled 3/4 As Much As US Produced?

Gold Price News: China Inhaled 3/4 As Much As US Produced?

Mike Hammer July 28, 2017 Comments Off on Gold Price News: China Inhaled 3/4 As Much As US Produced?

In Friday’s gold price news, the China Gold Association released a statement Friday that told the story of their never-ending appetite for gold.  In the first six months of 2017 sales climbed 51% over the previous

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Gold News: Mining Company Given A 200-Year Fine?

Gold News: Mining Company Given A 200-Year Fine?

Mike Hammer July 25, 2017 Comments Off on Gold News: Mining Company Given A 200-Year Fine?

Tuesday’s Gold News In today’s gold news, the spat between Acacia Mining Plc and Tanzania stepped up. Tanzania claims Acacia has underreported their export and thus not paid all their export taxes. Acacia, of

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Price of Gold: Metal Rises As US Dollar Continues Weakening [DETAILS]

Price of Gold: Metal Rises As US Dollar Continues Weakening [DETAILS]

Mike Hammer July 24, 2017 Comments Off on Price of Gold: Metal Rises As US Dollar Continues Weakening [DETAILS]

This morning gold rose in US markets as the dollar continued its recent weakness. GLD, our trading proxy for gold, is back solidly above 118, almost 119 as this is written.  You may remember

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Gold News: Goldman Sachs Adviser Tips Proving Ineffective

Gold News: Goldman Sachs Adviser Tips Proving Ineffective

Mike Hammer July 21, 2017 Comments Off on Gold News: Goldman Sachs Adviser Tips Proving Ineffective

It’s well known that most fund managers lose money compared to market averages. Now news comes out that Goldman Sachs traders are losing money by following the strategy put out by their own advisers. 

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Today’s Gold News: Inside One of the UK’s Swankiest Spots

Today’s Gold News: Inside One of the UK’s Swankiest Spots

Mike Hammer July 20, 2017 Comments Off on Today’s Gold News: Inside One of the UK’s Swankiest Spots

With gold going sideways this morning, let’s relax and enjoy the scenery.  Today’s gold news features pictures from inside London’s swanky Sharps Pixley store, located on High Street.  High Street is famous as a

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Does India Have More Gold Than the US?

Does India Have More Gold Than the US?

Mike Hammer July 18, 2017 Comments Off on Does India Have More Gold Than the US?

While the West hesitates the East acts.  Indian buyers don’t seem to mind the recent slump in gold prices, in fact there’s evidence they’re buying more.  Yes, consumers in the US also registered an uptick in

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Gold Price News 2017: Conservative Lows For GLD

Gold Price News 2017: Conservative Lows For GLD

Mike Hammer July 17, 2017 Comments Off on Gold Price News 2017: Conservative Lows For GLD

Many gold — your friendly Gold Enthusiast included — dipped a toe in the long side of the market last week, as gold appeared to be feeling its way along a bottom.  The chart

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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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