thegoldwatcher.blogspot.com
The Gold Watcher: Gold Has Dither Day, Closes With Mild Loss
http://thegoldwatcher.blogspot.com/2011/05/gold-has-dither-day-closes-with-mild.html
Tuesday, May 31, 2011. Gold Has Dither Day, Closes With Mild Loss. After bumping up against $1,540 in overnight trading, gold settled back into the high 1530s but slipped below $1,535 in the morning. Losing its footing, the metal spent almost all of the afternoon in the low 1530s. Unlike silver. Which managed to hold on to a decent gain, and unlike WTI crude oil. Was $1,534.30 for a loss of $4.80 on the day. The Kitco. Gold's six-month chart, from Stockcharts.com. As for the U.S. Dollar Index. As of now,...
thegoldwatcher.blogspot.com
The Gold Watcher: Consumer Sentiment Up For May, But Pending Home Sales Slump
http://thegoldwatcher.blogspot.com/2011/05/consumer-sentiment-up-for-may-but.html
Friday, May 27, 2011. Consumer Sentiment Up For May, But Pending Home Sales Slump. The May reading for the Thomson Reuters/University of Michigan Consumer Sentiment Index showed a nice gain, jumping from April's 69.8 to 74.3. April's index of pending home sales, in contrast, tumbled to 81.9. From 92.6 in March; the latter number was revised downwards. This index measures signed contracts to sell existing homes. Although the weather was blamed, the drop suggests housing prices will fall further. As time w...
thegoldwatcher.blogspot.com
The Gold Watcher: Last Post - Goodbye
http://thegoldwatcher.blogspot.com/2011/06/last-post-goodbye.html
Wednesday, June 1, 2011. Last Post - Goodbye. As I explained in the previous post, I'm wrapping up this blog because my schedule's gone awry. For the last week or so, other committments have gotten in the way: it's getting to the point where I won't be reliable enough to keep to what I've been doing. So, I'm bowing out and pursuing more free-form work. My description of gold's movement comes directly from this Kitco live chart of spot gold. The Kitco home page. Crude oil, I got from LiveCharts. For the U...
thegoldwatcher.blogspot.com
The Gold Watcher: Consumer Confidence Falls In May
http://thegoldwatcher.blogspot.com/2011/05/consumer-confidence-falls-in-may.html
Tuesday, May 31, 2011. Consumer Confidence Falls In May. The May reading for the Conference Board's Consumer Confidence Index dropped to 60.8 from April's revised 66.0. That drop confounded expectations for a rise to 67.5. Hardest hit was the future-expectations index, which dropped eight points; the present-situation index hardly budged. This reading conflicts with the Consumer Sentimant Index, which showed a rise for May. Daniel M. Ryan. Subscribe to: Post Comments (Atom). So, I've reactivated the old ...
thegoldwatcher.blogspot.com
The Gold Watcher: U.S. Debt Woes, Though In Background, Still Lurking
http://thegoldwatcher.blogspot.com/2011/05/us-debt-woes-though-in-background-still.html
Tuesday, May 31, 2011. US Debt Woes, Though In Background, Still Lurking. That's why Michael Power, Investec investment strategist, believes gold will continue going up. The more immediate if underacknowledged influence is macroeconomic data from Asian countries. With respect to mainland China, the current tightening may reverse if it takes too big a bite out of economic growth. Daniel M. Ryan. Subscribe to: Post Comments (Atom). This blog is a continuation of its predecessor, The Gold Bubble. Originally...
thegoldwatcher.blogspot.com
The Gold Watcher: Fake Gold Creating Concern In Vietnam Gold Market
http://thegoldwatcher.blogspot.com/2011/05/fake-gold-creating-concern-in-vietnam.html
Tuesday, May 31, 2011. Fake Gold Creating Concern In Vietnam Gold Market. Recently, some goldsmith shops in Vietnam got a solicitation to buy bars coming from Hong Kong. Instead of being pure gold, they were about 60-75% gold with the remainder being a fine powder that examiners suspect is wolframite. He went on to say that the gold business has fallen into crisis because of the people’s psychology. Oddly, the news story that reports on this disturbing development tries to put a happy face on the discove...
thegoldwatcher.blogspot.com
The Gold Watcher: Plague Of Fake Gold In Melbourne, Australia
http://thegoldwatcher.blogspot.com/2011/05/plague-of-fake-gold-in-melbourne.html
Tuesday, May 31, 2011. Plague Of Fake Gold In Melbourne, Australia. Fake-jewelry scammers are starting to get sophisticated. According to the man who got scammed in Melbourne, the fake gold looks like it's coming from China. National Council of Jewellery Valuers (NCJV) Melbourne president Rikki McAndrew, who operates a gold trading business, discovered the ‘fake’ gold pieces when his customers unwittingly tried to sell them to him. Although it isn't confined to the Chinese area, two cases make for a patt...
thegoldwatcher.blogspot.com
The Gold Watcher: Case-Shiller Index Has Housing In Double Dip
http://thegoldwatcher.blogspot.com/2011/05/case-shiller-index-has-housing-in.html
Tuesday, May 31, 2011. Case-Shiller Index Has Housing In Double Dip. The March reading of home prices by the Case-Shiller index has the average sinking below its April 2009 low, implying that housing is in a double-digit recession. 8220;Home prices continue on their downward spiral with no relief in sight,” said David Blitzer, chairman of the index committee at Standard and Poor’s. Read the full S&P release. Housing has been plagued by issues that have created a Gordian knot for the sector. Even if thiev...
thegoldbubble.blogspot.com
The Gold Bubble: Louis James Sees Pre-Mania Phase For Gold
http://thegoldbubble.blogspot.com/2010/08/louis-james-sees-pre-mania-phase-for.html
Watching the gold market ascend to its crescendo. Friday, August 6, 2010. Louis James Sees Pre-Mania Phase For Gold. James, the Senior Editor, Casey’s International Speculator, says gold and the gold stocks are being held back by memories of 2008. Although gold initially rose when Bear, Sterns got into its trouble, the metal lost more than 30% from then 'til October. The gold stocks got slaughtered. Daniel M. Ryan. December 1, 2011 at 1:14 PM. I believe gold could go a lot higher. I mean a lot higher...
thegoldbubble.blogspot.com
The Gold Bubble: Nottingham Scientists Find Way to Use Gold As Antiseptic Agent
http://thegoldbubble.blogspot.com/2010/08/nottingham-scientists-find-way-to-use.html
Watching the gold market ascend to its crescendo. Friday, August 6, 2010. Nottingham Scientists Find Way to Use Gold As Antiseptic Agent. A team of scientists at Nottingham Trent University has found a way of binding gold nanoparticles to antibiotics. The gold lessens bacteria resistance to the antibiotics by weakening the cell walls of the creatures. The tests so far have been extremely positive and indicate that the particles are highly potent at neutralising bacteria such as E Coli. Daniel M. Ryan.