Author Archives: c.carver

Bloomberg.com By Debarati Roy May 20, 2013 Gold futures may rebound to $1,500 an ounce in June after hitting a “double bottom” yesterday, according to technical analysis by R.J. O’Brien & Associates. The price may climb 8.4 percent from yesterday’s settlement after … Continue reading →

Bloomberg.com By Angeline Benoit May 15, 2013 The euro-area economy shrank more than economists forecast in the three months through March, extending a recession to a record sixth quarter and increasing pressure on the currency bloc’s leaders to spur growth. … Continue reading →

Kitco News By Kira Brecht May 13, 2013 The U.S. Congress is no closer to a comprehensive deficit reduction agreement now than it was two years ago when the 2011 debt ceiling crisis hit, which resulted in a historic downgrade … Continue reading →

Huffington Post By Mark Gongloff May 7, 2013 If it wasn’t clear before, it’s clear now: Employers just aren’t hiring. The Bureau of Labor Statistics on Tuesday released its latest Job Openings And Labor Turnover Summary (JOLTS), a less-famous read … Continue reading →

Kitco.com By Kira Brecht May 3, 2013 The gold market largely consolidated this week, with little new ground seen higher or lower. The market has been through a lot recently and consolidation or sideways action is a good thing. The … Continue reading →

Yahoo! Finance By Pedro Nicolaci da Costa May 1, 2013 WASHINGTON (Reuters) – The Federal Reserve’s debate over monetary policy could begin to shift away from the prospect of reducing stimulus toward a discussion about doing more, given the signs … Continue reading →

Bloomberg.com By Debarati Roy April 30, 2013 Sales of gold coins by the U.S. Mint rose to the highest since December 2009 after the price of the metal in April fell the most in 16 months. Last month, sales totaled … Continue reading →

CNBC.com By Jenny Cosgrave April 25, 2013 Gold prices will top $10,000 per ounce, the stock market will tank and Treasurys will yield less than 1 percent, Societe Generale’s Albert Edwards forecast in a trademark bearish report on Thursday. “My … Continue reading →

Bull Market Thinking By Tekoa Da Silva April 24, 2013 As the headline battle between paper sellers and physical buyers of gold escalates, something eerily strange is continuing behind the scenes. As first reported here on April 9th, Comex gold inventories have … Continue reading →

Kitco News By Neils Christensen April 23, 2013 The U.S. Mint announced that it is temporarily suspending the sale of one-tenth ounce American Eagle Gold Bullion Coins. The coin will go back on sale once inventories have been replenished. The … Continue reading →