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Showing posts with the label Gold

Appearance, Miguel de Cervantes

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All that glisters is not gold. - Miguel de Cervantes (1547-1616), Don Quixote (1605-15), Part II, Chapter XXXIII. Googe—Eglogs, etc. (1563). Udall—Ralph Royster Doyster. (1566). http://en.wikiquote.org/wiki/Appearance

Wisdom, British Proverb

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All is not gold that glitters. - British Proverb

Commodity supercycle is ‘alive and well’: McKinsey & Co.

Commodity supercycle is ‘alive and well’: McKinsey & Co. September 26, 2013, 12:16 PM Recent declines in commodity prices have raised the idea that the so-called commodity supercycle is over, but not everyone believes that. http://blogs.marketwatch.com/thetell/2013/09/26/commodity-supercycle-is-alive-and-well-mckinsey-co/

What Are Gold Bugs Afraid Of?

http://www.cnbc.com/id/100375832 What Are Gold Bugs Afraid Of? Published: Sunday, 13 Jan 2013 | 10:37 PM ET By: Michael Ivanovitch | President, MSI Global The price of an ounce of fine gold entered this Millennium at $271.1, one of the lowest gold prices in the previous 20 years. Since then, the price of gold has soared more than five-fold. Over the same period, the Dow Jones Industrial Average increased 16.5 percent. Corrected for inflation, gold returned a whopping 480 percent, while real returns on major stock market indices in the U.S. and in the euro area were negative - in double digits.

Reuters: Gold breaks $1,500 as investors seek security

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Gold breaks $1,500 as investors seek security By Jan Harvey LONDON | Wed Apr 20, 2011 4:12pm EDT (Reuters) - Gold rose above $1,500 an ounce on Wednesday for the first time ever as the dollar wilted, oil rose, worries over the U.S. economic outlook boosted demand for the metal as a haven and rising inflation lifted Asian demand.

CNN Money: Gold, silver and oil: The rally is back

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Gold, silver and oil: The rally is back By Ken Sweet, contributing writerApril 6, 2011: 3:48 PM ET NEW YORK (CNNMoney) -- Oil, gold and silver have been hitting new highs and experts expect the momentum to continue.

Rethinking Gold: What if It Isn't a Commodity After All?

RUNNING WITH SCISSORS |AUGUST 21, 2010 Rethinking Gold: What if It Isn't a Commodity After All? This won't sit well with some people: Gold isn't a commodity. There. I've said it.

Analysis: China poised to set gold market alight as it opens up

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Analysis: China poised to set gold market alight as it opens up By Lewa Pardomuan and Langi Chiang SINGAPORE/BEIJING | Thu Aug 5, 2010 12:32pm EDT (Reuters) - China's moves to free up its gold market open the way for foreign players and local banks to tap growing demand for the precious metal, offering citizens a more attractive investment and promising to boost the country's clout over global prices.

Commodities - Is Gold Pointing to Lehman Mark II? - CNBC

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Commodities - Is Gold Pointing to Lehman Mark II? - CNBC Gold and oil prices are flashing warning signals that this summer may look more like the summer before the collapse of Lehman Brothers than the one that preceded the onset of the crisis in 2007, according to Simon Derrick, head of currency research at Bank of New York Mellon. ...