Gold News - Must Read news About Gold!

Our Gold News below are just a highlight of news and latest events related to gold trends, opinions, comments by various institutions and individuals around the world. News below provide the latest commentary and price information for investors interested in the gold market and gold stocks. We bring you stories that are most important to today’s gold investors so you can stay on top of the markets. The views expressed in this sources are those of the author and may not reflect those of Riche Niche Groups.

Mike Maloney: The Greatest Bubble in History Is at Our Doorstep

By Jeff Clark, BIG GOLD

caseyresearch.com

OCTOBER 05, 2011

It may not feel like it after a 12% correction in the past 30 days, but Mike Maloney – founder of GoldSilver.Com – is convinced that we’re in a gold bull market that will be life changing for those who participate. I interviewed him for our current edition of BIG GOLD and am sharing some of what we talked about here. You may be shocked at what you read, because he’s devoted a larger allocation to gold and silver than we have. See why he’s convinced a bubble is ahead for precious metals, how high prices will go, and why he stores some gold overseas.

Jeff Clark: For those who don’t know you, why is Mike Maloney such a big believer in gold and silver?

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Morgan Stanley Forecasts $2,200 Gold In 2012

October 7

Morgan Stanley is projecting that gold will perform best among all commodities next year and may rally to a record as investors seek to safeguard their wealth against slowing economic growth. The firm's 2012 gold forecast was increased 35 percent to $2,200 an ounce, while a best case target for next year has gold prices rising to $2,464.

Gold prices rallied after U.S. data showed the jobs market was more robust than initially thought in both September and August, calming concerns over the U.S. economy. The U.S. Labor Department report showed 103,000 jobs were added to non-farm payrolls last month, above the 60,000 forecast, while the August data was revised to show a rise of 57,000 that month, up from zero reported previously.

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Gold News - Advantage Minus

Tuesday October 11, 2011 10:20 AM

Half of Monday’s gains in gold and all of the advances in silver were given up in New York this morning by the two precious metals as the US dollar stopped declining and as crude oil fell back about half a dollar. Yesterday, the markets (most of them) surged on the back of renewed pledges by French and German leaders to support and to strengthen Europe’s banking sector.

Rising risk appetite lifted…everything once again, as investors wet out to buy stocks, commodities and even (!) the euro. However, this morning’s sentiment was tempered despite indications that Greece might receive its first tranche of funding soon. As well, rumors that the EFSF’s revamping plan might not make it past the Slovakian (!) parliament threw of a bit of cold water on Monday’s rising risk-taking temperatures.

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Gold News - Must Read news About Gold!


Disclaimer: The views expressed in this gold news links and sources are those of the author and may not reflect those of Riche Niche Groups. The source has made every effort to ensure accuracy of information provided; however, neither Riche Niche Groups. nor the source can guarantee such accuracy. This source is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Riche Niche Groups and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.




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