Archive for July, 2007

…If anything can go wrong, it will. The future's unpredictable. Best-laid plans can screw up. The law baffles humans, but it works…The past two years we asked readers for help identifying the triggers. Why? We do this for one crucial reason: Today the brain of the American investor (as well as Wall Street power-players and corporate CEOs) has become so narrow, capable of only thinking short-term, that occasionally we all need to step back and look at the bigger picture instead of…

Original Post By Google News Paul B. Farrell

Comments No Comments »

…If anything can go wrong, it will. The future's unpredictable. Best-laid plans can screw up. The law baffles humans, but it works…The past two years we asked readers for help identifying the triggers. Why? We do this for one crucial reason: Today the brain of the American investor (as well as Wall Street power-players and corporate CEOs) has become so narrow, capable of only thinking short-term, that occasionally we all need to step back and look at the bigger picture instead of…

Original Post By Google News Paul B. Farrell

Comments No Comments »

Gold rose on Wednesday after the US dollar fell to a new record low against the euro, while fears over subprime issues hitting the economy saw some flight to safety….GFMS, a London-based precious metals consultancy, said gold prices were likely to hit record highs in 2008 as the dollar continues to weaken.”Investors are likely to push up the price to $850 an ounce in 2008,” said Philip Klapwijk, executive chairman to a conference in Beijing, adding that prices could bounce to $700 in the…

Original Post By Google News By Neil Dennis

Comments No Comments »

De-hedging remains strong in 2Q '07One of the driving factors for a higher gold price over the past six years has been a deluge of producer de-hedging by global gold producers …The pace of de-hedging has continued in 2Q '07… We believe that the continuation of producer de-hedging partially explains why gold has held up well (above $640/oz) during a period marked by seasonal weakness for fabrication buying…Gold Markets - Delightful de-hedgingLast week, the gold price edged ah…

Original Post By Google News Merrill Lynch

Comments No Comments »

…Canada's Scotia Capital Equity research is unabashedly bullish on gold, silver and diamond prices…In its initial foray into coverage of precious metals recently, Scotia Capital declared, “We are extremely bullish on the prices of gold, silver and diamonds over the next couple of years, as we believe that falling gold and silver production, along with rising investment and jewellery, will drive prices higher.”"In 2007, we expect gold to hit peaks over $750/oz and to average $675/oz…

Original Post By Google News Dorothy Kosich

Comments No Comments »