GLD ETF Adds 978,424 Troy Ounces of Gold Yesterday! Well, there wasn’t a snowball’s chance in hell that the bullion banks were going to allow gold price to stay above $1,200 during the […] David Levenstein | May 26, 2010 | 9:25 am
The current correction in the gold price will not last long As the current global currency turmoil continued, global equities and most commodities were also sold off during last week. Equity markets across […] David Levenstein | May 25, 2010 | 10:25 am
Gold makes new historic highs as the turmoil in global currencies continue Last week the gold price hit a new record high despite the European Union’s trillion-dollar rescue package. In US dollars the yellow […] David Levenstein | May 17, 2010 | 10:19 am
Gold remains the perfect hedge against the on going debasement of global currencies. The last week was one of the most volatile weeks we have seen in months. As concerns of global sovereign debt spread […] David Levenstein | May 10, 2010 | 7:29 am
Gold breaks key resistance and trades at record highs in EUR, CHF and GBP After months of consolidation, gold finally broke through the key resistance of USD1160 and rose to its highest level in 2010 of […] David Levenstein | May 3, 2010 | 7:45 am
The rebound in the US dollar has been driven primarily by the weakness in Euro and gold remains firm The euro was under much pressure last week as concerns of Greece resurfaced. Eurostat revised the Greek deficit to 13.6 of GDP […] David Levenstein | April 28, 2010 | 7:14 am
Golds upward momentum suddenly thwarted by Wall Street news about Goldman Sachs GOLD UP-DATE After several sessions during last week the gold price continued to exhibit signs of strength when suddenly, on Friday, the […] David Levenstein | April 19, 2010 | 7:27 am
Gold set to re-test all time high of USD1225 in the next few weeks. “Hello out there. Have you been watching the price of gold lately?” In dollar terms the gold price is now about 5 […] David Levenstein | April 12, 2010 | 7:43 am
The current consolidation in gold offers a buying opportunity During February, the Russian Central Bank bought another 200,000 ounces of gold. This makes the total of their purchases for the year […] David Levenstein | April 4, 2010 | 8:24 am
The current consolidation phase for gold continues as the market awaits new direction. Many market commentators argue that investing in gold is a waste of time especially since it does not pay interest and remains […] David Levenstein | March 22, 2010 | 8:18 am
GOLD UP-DATE Use gold as a way to protect wealth and as a store of value. Following on my comments about the Chinese economy […] David Levenstein | March 15, 2010 | 8:27 am
GOLD UP-DATE Expansionary monetary policies, exploding national debt and global currency devaluations, are creating a very favorable scenario for the price of gold. After […] David Levenstein | March 8, 2010 | 10:21 am
