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Gold Prices Held Back by Europe, Strong Dollar

NEW YORK (TheStreet ) — Gold prices failed to stand their ground Monday as hopes that Europe can contain and solve its sovereign debt crisis faded.

Gold for December delivery closed down %6.40 at $1,676.60 an ounce at the Comex division of the New York Mercantile Exchange and prices were continuing lower in after-hours trading. The gold price has… Continue reading

New Gold, Silver Floor – Should I Restructure my Portfolio?

By Julian D.W. Phillips

Gold Forecaster

Many have contemplated adjusting their precious metal portfolios in light of the fall of the gold price from $1,900 to the current $1,600+ level. Many gold shares haven’t performed as well as the gold price. Why? Will they in the future? Should investors hold just the metal, or will shares now outperform the gold and silver prices? What are the… Continue reading

400 – This is NOT Sparta!

By Jon Nadler

The trade metrics released today by China revealed a notable deceleration in trade growth. The country’s exports to Europe contracted sharply as fading demand for goods became manifest recently. It is worth noting that China’s imports also declined even in the face of an appreciating yuan. It is thought that the general trend at work here is in part the result of concerted efforts on the… Continue reading

How To Invest In Oil

If you believe that oil price rises are inevitable, there are several ways to get exposure to “black gold”.

Anyone who wants direct exposure to the crude price can buy an exchange-traded fund (ETF). Available from companies such as ETF Securities and Lyxor, ETFs are traded just like shares but reflect the price of a particular asset or index.

However, buyers should beware an effect known as… Continue reading

Anthony Bolton: ‘Gold is the only commodity to buy’

It’s too late to join commodities party, the Fidelity fund star says.

Commodities enthusiasts are investing five years too late, according to legendary fund manager Anthony Bolton.

“The best time for commodities was in 2006, when the whole world was growing above trend,” said Mr Bolton, who manages the Fidelity China Special Situations investment trust.

“Western economies are anaemic at the moment, and I am not… Continue reading

Gold Steadied by Strong Asian Demand

Gold is trading steady today, holding on to gains made in the previous session, with a healthy physical demand out of Asia lending support, but an improving economic outlook threatens to dampen gold’s strength in the short term.

Euro-zone finance ministers discussed on Monday having more money in their rescue fund and cheaper emergency loans as part of a package of measures to end the sovereign debt crisis, but… Continue reading

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