Wednesday, March 7, 2012

It’s Time to Buy Gold Again

The deep correction in gold may have run its course, making Yamana Gold
(NYSE:AUY) a buy.

Gold Recovering After Tuesday’s Steep Drop

A January rise in private-sector employment and progress on a Greek bond swap
smoothed the way.

Apple Stalls on iPad Day — Wednesday’s IP Market Recap

XCSFDHG46767FHJHJF

tdp2664 InvestorPlace AAPL ends flat on a big day for product announcements. But Apple clearly has plenty of reasons to keep investors excited.



Apple Finally Goes 4G With New iPad, Announces More New Products

XCSFDHG46767FHJHJF

tdp2664 InvestorPlace Apple finally introduces its new iPad. Main attractions include a high-resolution screen and compatibility with high-speed 4G LTE wireless networks.



Gold Price Gained Today as did the Silver Price Pushing back Yesterday’s Losses

XCSFDHG46767FHJHJF

DG365FD46564GFH654FU898 Gold Price Close Today : 1683.30 Change : 11.90 or 0.71% Silver Price Close Today : 3354.30 Change : 80.2 cents or 2.45% Gold Silver Ratio Today : 50.183 Change : -0.866 or -1.70% Silver Gold Ratio Today : 0.01993 Change : 0.000338 or 1.73% Platinum Price Close Today : 1634.25 Change : 23.85 or 1.48% Palladium Price Close Today : 688.50 Change : 18.50 or 2.76% S&P 500 : 1,352.63 Change : 9.27 or 0.69% Dow In GOLD$ : $157.65 Change : $ (0.14) or -0.09% Dow in GOLD oz : 7.626 Change : -0.007 or -0.09% Dow in SILVER oz : 382.71 Change : -6.99 or -1.79% Dow Industrial : 12,837.33 Change : 78.18 or 0.61% US Dollar Index : 79.74 Change : -0.123 or -0.15% The GOLD PRICE gained today, as did the silver price, pushing back against yesterday’s losses. Silver snatched back 80.2c (2.4%) to close Comex at 3354.3. Gold clawed back $11.90 (0.7%) to $1,683.30. But in these circumstances, we have to ask one question: did the price climb back over that place where it broke down? That would have been about $1,696. High today reached only $1,686.50, so gold came nowhere near that breakdown point. That throws us back on another proverb: A trend in force stays in force until broken. The downtrend wasn’t broken, so it reigneth yet undiminished. And the flag or pennant gold broke down from yesterday points to a $1,600-ish target. Yesterday the GOLD PRICE violated its 200 day moving average ($1,674.88), but climbed over that today. Without pulling away from that 200 DMA immediately, this is merely the difficulty of pushing through a crowded door, and ’twill fall further. Of course, no guarantee says that GOLD PRICE won’t catch at $1,650 and turn around, but that’s like drawing a card in five card poker when you’re holding the Ace, King, Jack, and 10 of diamonds. Odds are not good you’ll complete that inside straight. I’m not bearish, I’m just waiting for the best place to grab hold. Asked about his rule for successful combat, Napoleon responded something like, “You grab hold and see what happens.” But you have to wait for that right place and moment to grab hold. That was the difference between Napoleon and Mussolini or John Pope or Ambrose Burnside. Y’all can take what I said about gold and merely change the numbers. Silver came plumb up to the bottom of the range where it broke down, 3350 – 3560c (actual high was 3354.5c), gained 80.2c (2.4%) and closed at 3354.3c. Yet this satisfieth not the rule, that it close HIGHER than the breakdown point. The SILVER PRICE has established new support about 3250c. Some lateral support also lurks around there, but not much. The nearness of that 50% correction point at 3183c begs to be kissed by a drop to that level. Much greater lateral support awaits at 3025c. Bear in mind, however, silver’s perennially greater volatility. It has not yet closed below its 50 DMA (3233c), but stands below the 300 DMA and 200 DMA (practically the same right now at 3487 and 3492), and below its 20 DMA (3432c). Not one of these witnesses argues for higher prices immediately. Corrections come — you just wait them out. That’s the point of riding the primary trend (bull market). Sooner or later it will bail out even your worst timing mistakes, and that waiting is easier than timing, I guarantee. The folks from the Fayette County Tea Party put up a video of my speech there on 24 February. It’s at http://www.youtube.com/watch?v=8pIcFjJSEKE Pour a cup of coffee or pop a beer, it’s 45 minutes. Today was a bounce back day for most markets, not really gainsaying yesterday’s losses. They bounced, the way a dead cat bounces. ‘Tain’t a sign of life, it’s just physics. The US dollar index elbowed its way to 80 (79.90) then backed off. As long as it doesn’t close below 79.60 -79.50, it is merely gathering its strength to punch through 80 resistance on its way to challenge 82. Yesterday the dollar index rose through its 50 day moving average (79.65) adding to its upward momentum. It slacked off today 0.16% (12.3 basis points) to 79.743. Look for the dollar to rise further. It would have to close below 78.10 to gainsay that outlook. In the past 4 days the euro has gapped down twice. Gaps are panic markers, whether up or down, indicating more people trying to get through the door than possible. In this case, they were running out of the euro, and the gap reveals that there were no buyers until prices dropped through the air. Today the euro gained 0.25% to 1.3147, but who knows why. The off-again/on-again Greek Debt Deal, which somehow always eludes actually getting clinched, may now be on again. Creditors have until tomorrow to sign on for their haircuts, but unless two-thirds agree, it’s no deal. Air is full of blather from Greek officials, but some big bondholders are thinking they’d be better off holding out and making the Credit Default Swap insurers pay off as a default. Ironically enough, this deal will not end the Greek crisis, only push it down the counter until the next crisis. Japanese yen lost 0.36% today to 123.22c/Y100 (Y81.15/US$1). Down but meaningless, since two days ago it left an island reversal on a spike down, so will climb from here. The Dow rose 78.18 points (0,61%) to 12,837.33 while the S&P500 gained 9.27 (0.69%) to 1,352.63. Happy days are here again, right? Not quite. Look at the five day chart and you’ll see today’s action did nothing at all to make good the damage from yesterday’s fall. All it accomplished was to establish new resistance firmly at 12,850. Gravity has taken over stocks, and gravity knows no mercy. Argentum et aurum comparenda sunt — – Gold and silver must be bought. – Franklin Sanders, The Moneychanger The-MoneyChanger.com © 2012, The Moneychanger. May not be republished in any form, including electronically, without our express permission. To avoid confusion, please remember that the comments above have a very short time horizon. Always invest with the primary trend. Gold’s primary trend is up, targeting at least $3,130.00; silver’s primary is up targeting 16:1 gold/silver ratio or $195.66; stocks’ primary trend is down, targeting Dow under 2,900 and worth only one ounce of gold; US$ or US$-denominated assets, primary trend down; real estate bubble has burst, primary trend down. WARNING AND DISCLAIMER. Be advised and warned: Do NOT use these commentaries to trade futures contracts. I don’t intend them for that or write them with that short term trading outlook. I write them for long-term investors in physical metals. Take them as entertainment, but not as a timing service for futures. NOR do I recommend investing in gold or silver Exchange Trade Funds (ETFs). Those are NOT physical metal and I fear one day one or another may go up in smoke. Unless you can breathe smoke, stay away. Call me paranoid, but the surviving rabbit is wary of traps. NOR do I recommend trading futures options or other leveraged paper gold and silver products. These are not for the inexperienced. NOR do I recommend buying gold and silver on margin or with debt. What DO I recommend? Physical gold and silver coins and bars in your own hands. One final warning: NEVER insert a 747 Jumbo Jet up your nose.



Apple Talks Up Display, Other Features Of New iPad – Wall Street Journal

XCSFDHG46767FHJHJF

The Hindu Apple Talks Up Display, Other Features Of New iPad Wall Street Journal SAN FRANCISCO (Dow Jones)–Apple Inc. (AAPL) on Wednesday took the wraps off the third generation of its iPad tablet computer, adding a more advanced display, faster wireless communications and other features it hopes will solidify its dominance in the … Apple's New iPad Stays Firmly Ahead of the Tablet Pack PCWorld Will the third-generation iPad finally replace your laptop? CNET Apple's New 4G-Powered iPad Hits the Stage in San Francisco eWeek Los Angeles Times – Reuters – ABC News all 5,880 news articles



Microsoft Corporation Hedstart Program Targets Human Capital

Microsoft Corporation (NASDAQ:MSFT) has teamed up with the University of Malaya
on human capital development. Microsoft Corporation Hedstart Program Targets
Human Capital Microsoft Corporation (NASDAQ:MSFT) has announced that it is
collaborating with the University of Malaya (UM) to provide students with a
human capital development program called the "Hedstart Program". The program
will empower UM's

Apple Talks Up Display, Other Features Of New iPad - Wall Street Journal

The Hindu Apple Talks Up Display, Other Features Of New iPad Wall Street
Journal SAN FRANCISCO (Dow Jones)--Apple Inc. (AAPL) on Wednesday took the wraps
off the third generation of its iPad tablet computer, adding a more advanced
display, faster wireless communications and other features it hopes will
solidify its dominance in the ... Apples New iPad Stays Firmly Ahead of the
Tablet Pack PCWorld Will the third-generation iPad finally replace your laptop?
CNET Apples New 4G-Powered iPad Hits the Stage in San Francisco eWeek Los
Angeles Times - Reuters - ABC News all 5,880 news articles

Today’s Dow Jones Industrial Average DJIA Index, Nasdaq, S&P 500; Current Dow Trends Today Stock Market Close Review

Stock Market Overview Today: Investors found their way back to stocks during
the mid-week trading session. All three primary index composites finished with
closing numbers on the positive side of break-even for the day. The DJIA, as
well as the Nasdaq and the S&P 500, finished the day in the green. Stock Market
Index Close for Dow Jones Industrial Average, Nasdaq, S&P 500 Today: The Dow
Jones Industrial Average finished the day higher by .61 percent at 12,837.33.
The Nasdaq finished the day higher by .87 percent at 2,935.69 and the S&P 500
finished the day higher by .69 percent at 1,352.63 Economic reports help push
Stock indices higher today: According to the ADP report today, private sector
employers added 216,000 jobs in February. This news provided investors with a
boost of optimism and also helped solidify expectations for the unemployment
rate report due out this week. In addition to this positively skewed data, ADP
also revised its January estimates of private sector gains from 170,000 to
173,000. It was also noted that the construction industry added 16,000 jobs.
These variables helped indices experience a nice bounce in a positive direction
today. Todays positive trends were a well needed reprieve from the negativity
that was experienced in the marketplace on Tuesday. Frank Matto

Gold Price Gained Today as did the Silver Price Pushing back Yesterday's Losses

Gold Price Close Today : 1683.30 Change : 11.90 or 0.71% Silver Price Close
Today : 3354.30 Change : 80.2 cents or 2.45% Gold Silver Ratio Today : 50.183
Change : -0.866 or -1.70% Silver Gold Ratio Today : 0.01993 Change : 0.000338 or
1.73% Platinum Price Close Today : 1634.25 Change : 23.85 or 1.48% Palladium
Price Close Today : 688.50 Change : 18.50 or 2.76% S&P 500 : 1,352.63 Change :
9.27 or 0.69% Dow In GOLD$ : $157.65 Change : $ (0.14) or -0.09% Dow in GOLD oz
: 7.626 Change : -0.007 or -0.09% Dow in SILVER oz : 382.71 Change : -6.99 or
-1.79% Dow Industrial : 12,837.33 Change : 78.18 or 0.61% US Dollar Index :
79.74 Change : -0.123 or -0.15% The GOLD PRICE gained today, as did the silver
price, pushing back against yesterday's losses. Silver snatched back 80.2c
(2.4%) to close Comex at 3354.3. Gold clawed back $11.90 (0.7%) to $1,683.30.
But in these circumstances, we have to ask one question: did the price climb
back over that place where it broke down? That would have been about $1,696.
High today reached only $1,686.50, so gold came nowhere near that breakdown
point. That throws us back on another proverb: A trend in force stays in force
until broken. The downtrend wasn't broken, so it reigneth yet undiminished. And
the flag or pennant gold broke down from yesterday points to a $1,600-ish
target. Yesterday the GOLD PRICE violated its 200 day moving average
($1,674.88), but climbed over that today. Without pulling away from that 200 DMA
immediately, this is merely the difficulty of pushing through a crowded door,
and 'twill fall further. Of course, no guarantee says that GOLD PRICE won't
catch at $1,650 and turn around, but that's like drawing a card in five card
poker when you're holding the Ace, King, Jack, and 10 of diamonds. Odds are not
good you'll complete that inside straight. I'm not bearish, I'm just waiting for
the best place to grab hold. Asked about his rule for successful combat,
Napoleon responded something like, "You grab hold and see what happens." But you
have to wait for that right place and moment to grab hold. That was the
difference between Napoleon and Mussolini or John Pope or Ambrose Burnside.
Y'all can take what I said about gold and merely change the numbers. Silver came
plumb up to the bottom of the range where it broke down, 3350 - 3560c (actual
high was 3354.5c), gained 80.2c (2.4%) and closed at 3354.3c. Yet this
satisfieth not the rule, that it close HIGHER than the breakdown point. The
SILVER PRICE has established new support about 3250c. Some lateral support also
lurks around there, but not much. The nearness of that 50% correction point at
3183c begs to be kissed by a drop to that level. Much greater lateral support
awaits at 3025c. Bear in mind, however, silver's perennially greater volatility.
It has not yet closed below its 50 DMA (3233c), but stands below the 300 DMA and
200 DMA (practically the same right now at 3487 and 3492), and below its 20 DMA
(3432c). Not one of these witnesses argues for higher prices immediately.
Corrections come -- you just wait them out. That's the point of riding the
primary trend (bull market). Sooner or later it will bail out even your worst
timing mistakes, and that waiting is easier than timing, I guarantee. The folks
from the Fayette County Tea Party put up a video of my speech there on 24
February. It's at http://www.youtube.com/watch?v=8pIcFjJSEKE Pour a cup of
coffee or pop a beer, it's 45 minutes. Today was a bounce back day for most
markets, not really gainsaying yesterday's losses. They bounced, the way a dead
cat bounces. 'Tain't a sign of life, it's just physics. The US dollar index
elbowed its way to 80 (79.90) then backed off. As long as it doesn't close below
79.60 -79.50, it is merely gathering its strength to punch through 80 resistance
on its way to challenge 82. Yesterday the dollar index rose through its 50 day
moving average (79.65) adding to its upward momentum. It slacked off today 0.16%
(12.3 basis points) to 79.743. Look for the dollar to rise further. It would
have to close below 78.10 to gainsay that outlook. In the past 4 days the euro
has gapped down twice. Gaps are panic markers, whether up or down, indicating
more people trying to get through the door than possible. In this case, they
were running out of the euro, and the gap reveals that there were no buyers
until prices dropped through the air. Today the euro gained 0.25% to 1.3147, but
who knows why. The off-again/on-again Greek Debt Deal, which somehow always
eludes actually getting clinched, may now be on again. Creditors have until
tomorrow to sign on for their haircuts, but unless two-thirds agree, it's no
deal. Air is full of blather from Greek officials, but some big bondholders are
thinking they'd be better off holding out and making the Credit Default Swap
insurers pay off as a default. Ironically enough, this deal will not end the
Greek crisis, only push it down the counter until the next crisis. Japanese yen
lost 0.36% today to 123.22c/Y100 (Y81.15/US$1). Down but meaningless, since two
days ago it left an island reversal on a spike down, so will climb from here.
The Dow rose 78.18 points (0,61%) to 12,837.33 while the S&P500 gained 9.27
(0.69%) to 1,352.63. Happy days are here again, right? Not quite. Look at the
five day chart and you'll see today's action did nothing at all to make good the
damage from yesterday's fall. All it accomplished was to establish new
resistance firmly at 12,850. Gravity has taken over stocks, and gravity knows no
mercy. Argentum et aurum comparenda sunt -- -- Gold and silver must be bought. -
Franklin Sanders, The Moneychanger The-MoneyChanger.com © 2012, The
Moneychanger. May not be republished in any form, including electronically,
without our express permission. To avoid confusion, please remember that the
comments above have a very short time horizon. Always invest with the primary
trend. Gold's primary trend is up, targeting at least $3,130.00; silver's
primary is up targeting 16:1 gold/silver ratio or $195.66; stocks' primary trend
is down, targeting Dow under 2,900 and worth only one ounce of gold; US$ or
US$-denominated assets, primary trend down; real estate bubble has burst,
primary trend down. WARNING AND DISCLAIMER. Be advised and warned: Do NOT use
these commentaries to trade futures contracts. I don't intend them for that or
write them with that short term trading outlook. I write them for long-term
investors in physical metals. Take them as entertainment, but not as a timing
service for futures. NOR do I recommend investing in gold or silver Exchange
Trade Funds (ETFs). Those are NOT physical metal and I fear one day one or
another may go up in smoke. Unless you can breathe smoke, stay away. Call me
paranoid, but the surviving rabbit is wary of traps. NOR do I recommend trading
futures options or other leveraged paper gold and silver products. These are not
for the inexperienced. NOR do I recommend buying gold and silver on margin or
with debt. What DO I recommend? Physical gold and silver coins and bars in your
own hands. One final warning: NEVER insert a 747 Jumbo Jet up your nose.

Precious Metals, Markets Bounce on Fed Easing Report

XCSFDHG46767FHJHJF

tdp2664 Commodity and stock prices turned higher Wednesday afternoon after reports that the Federal Reserve is considering a “sterilized” form of bond buying. The Wall Street Journal reported that under the potential program, “The Fed would print new money to buy long-term mortgage or Treasury bonds but effectively tie up that money by borrowing it back for short periods at low rates. The aim of such an approach would be to relieve anxieties that money printing could fuel inflation later, a fear widely expressed by critics of the Fed’s previous efforts to aid the recovery.” Following the report, COMEX gold futures – per the April contract – climbed from $1,674 to as high as $1,687 per ounce.



Is Apple Eying Your Car?

XCSFDHG46767FHJHJF

tdp2664 InvestorPlace A recent job posting hints that Apple might be looking to expand its automotive offerings.



Comcast Continues Xfinity Home Rollout

Comcast (NASDAQ:CMCSA) has completed the rollout of Xfinity Home in Delaware.
Comcast Continues Xfinity Home Rollout Comcast (NASDAQ:CMCSA) announced that it
has now completed the rollout of Xfinity® Home in Delaware with the launch of
the new service in Kent and Sussex Counties. Broadband-based Xfinity Home is now
available to Comcast (NASDAQ:CMCSA) customers throughout the

Precious Metals, Markets Bounce on Fed Easing Report

Commodity and stock prices turned higher Wednesday afternoon after reports that
the Federal Reserve is considering a sterilized form of bond buying. The Wall
Street Journal reported that under the potential program, The Fed would print
new money to buy long-term mortgage or Treasury bonds but effectively tie up
that money by borrowing it back for short periods at low rates. The aim of such
an approach would be to relieve anxieties that money printing could fuel
inflation later, a fear widely expressed by critics of the Feds previous efforts
to aid the recovery. Following the report, COMEX gold futures per the April
contract climbed from $1,674 to as high as $1,687 per ounce.

2012 to follow the near-record year for #mining M&A seen in 2011

Mining.com The global mining industry saw a record number of mining merger and
acquisitions (M&A), with over 2,600 deals worth $149 billion in 2011.
PricewaterhouseCoopers have today reported that 2012 will be just as successful
as will be remembered as the year of the "African Renaissance" Despite a
weak macro backdrop and falling commodity prices, 2011 M&A deals volumes in
mining were close to historic highs and values were 33% higher than 2010, says
PwC's Global Mining 2011 Deals Review & 2012 Outlook: On the road again.
Canada led the way in mining deals making, with 30% of all 2011 global mining
acquisitions involving a Canadian buyer, a greater stake than any other one
country. In terms of sectors, gold generated much of the M&A activity, driven in
large part by record cash flows spurred on by the high price of bullion, and the
desire for big producers to seek new supplies. "Buyers were plentiful, bidding
wars ensued and valuations were high, all of which are unexpected in an
environment of resource price erosion," says John Nyholt, Canadian Mining
Deals Leader, PwC African Renaissance According to the report, the global mining
industry will continue to see high M&A volumes and values. One particular region
emerges this year, according to PwC's forecast, as the one that will attract
most deals: Africa. The company predicts that an increasingly friendly investor
climate will prompt an "African Renaissance," characterized by increased
investment into Africa's mining sector. The "top five" resources (gold,
copper, coal, iron ore and silver) are expected to be busy, says the report.
However, it's not likely that M&A valuations in the gold sector will be bid up
to bridge the gap between the price of gold and the price of gold equities.
Click here to read the full report Understanding mining regulations, mining
negotiation, agreements of sale and risk vs uncertainty are all elements that
will help with your 2012 M&A's. Mergers & Acquisitions is one of the main
topics addressed throughout the 3 day MBA in Mining. Our expert trainer Ted Blom
will walk you through the fundamentals of mining in just 3 days. At the end of
the 3 days you will be able to negotiate large mining contracts and reduce costs
as well as reviewing mining models and value projects. The 3 day MBA in Mining
has all you need for your 2012 M&A projects. 26-28 March (Toronto) 28-30 March
(London) 18-20 April (New York) 11-13 June (Hong Kong) 24-16 June (Dubai)

Today’s Gold Price per ounce Silver price per ounce; Mid-Day Spot gold per gram Spot silver per ounce rates

Gold Price Silver Price Market Trends Today: The dollar remained strong versus
the euro and yen and gold prices pushed higher during the mid-week trading
session. Both gold and silver contracts were posting floor price values in the
green at the mid-day mark of todays trading session. April contract gold and May
Contract Silver Price Per Ounce Mid-Day Today: April contract gold was green by
.20 percent at 1675.50 per troy ounce at this point in the session. May contract
silver was green by 1.82 percent at 33.38 at the halfway point today. Although
current trends have been skewed negatively recently for precious metals gold and
silver per current one month change analysis, todays price trends are on the
mend. The positive trends with precious metal gold and silver price are a sight
for worn eyes at this point. Investors are feeling more optimistic about the
progressive action being taken in the eurozone regarding the Greek debt
restructuring plans. This is helping gold prices to rebound as investors are
feeling a little more confident with the euro. Spot gold and spot silver prices
posted green at the mid-day mark as well. Spot gold price per gram and spot
silver price per ounce: According to mid-day analysis, spot gold per gram and
spot silver per ounce trends were moving positively. Spot gold price per gram
was higher by .36 at 54.09 and spot silver per ounce was higher by .50 at 33.24
at this point. Camillo Zucari

Microsoft Corporation Expands Mouse Product Range

Microsoft Corporation (NASDAQ:MSFT) has unveiled five new Artist Edition mice
designs and limited edition colors. Microsoft Corporation Expands Mouse Product
Range Microsoft Corporation (NASDAQ:MSFT), the software giant, is introducing
five new Artist Edition mouse designs. The patterns are designed by artists from
around the world. Microsoft Corporation (NASDAQ:MSFT) also announced new
additional limited edition colors

Google Inc. Promoting Business Online In Wales

Google Inc. (NASDAQ:GOOG) has begun the Getting Welsh Business Online initiative
to help companies in the country. Google Inc. Promoting Business Online In Wales
Google Inc. (NASDAQ:GOOG) has launched Getting Welsh Business Online in Wales to
help small and medium sized businesses to create their own websites. The company
will also provide free training and

To End Patent Skirmish, Apple Might Collect $5 to $15 for Each Android Phone Sold

XCSFDHG46767FHJHJF

tdp2664 InvestorPlace Tech patent lawsuits don't always aim to block product sales. One example: AAPL might collect $5 to $15 for each Android phone that has infringing software.



The 7 Priciest ETFs (and What You Get)

XCSFDHG46767FHJHJF

tdp2664 InvestorPlace These ETFs aim to triple your money, allow you to bet on fear and more. But for a price. They also have the highest expense ratios out there today.



Gold Stocks Retreat, but GDX Call Buying Emerges

XCSFDHG46767FHJHJF

tdp2664 GOLD STOCKS NEWS – Gold stocks dipped Wednesday morning, as the Market Vectors Gold Miners ETF (GDX) dropped $0.36, or 0.7%, to $52.11 per share.



Gold Stocks Retreat, but GDX Call Buying Emerges

GOLD STOCKS NEWS – Gold stocks dipped Wednesday morning, as the Market
Vectors Gold Miners ETF (GDX) dropped $0.36, or 0.7%, to $52.11 per share.

Spanish Mountain Gold Moves Toward Feasibility Study

Spanish Mountain Gold (SPA.TSXV) announced the final results from drilling
completed in 2011 within the Main Zone of its Spanish Mountain Gold Project in
central British Columbia, Canada. The results for the Main Zone include both
in-fill drill holes designed to upgrade mineralization from the Inferred to
Measured and Indicated categories and geotechnical holes drilled to optimize the
design of pit walls.

Extorre Gold Mines Raises C$25 Million

Extorre Gold Mines (XG.TSX, AMEX: XG) announced a C$25 million bought deal
private placement financing.

Gold Stock Price Update for Today, Mar-7

Gold Stock Price Update for Today, Mar-7 Fyxnews - 1 hour ago Gold stock prices
for today, Wednesday, March 07, 2012. This is an overview of how gold mining
stocks are performing. Barrick Gold Corporation (NYSE:ABX) is currently trading
at $45.73.

Gold Price Steady after In-Line Jobs Data

Gold Price Steady after In-Line Jobs Data International Business Times - 40
minutes ago By jturbin GOLD PRICE NEWS - The gold price hovered near $1675 per
ounce Wednesday morning after the latest report on the US labor market largely
met expectations.

PDAC 2012: Competitors not delivering value, says Randgold CEO

PDAC 2012: Competitors not delivering value, says Randgold CEO Financial Post
(blog) - 28 minutes ago There is no question that gold equities have badly
underperformed the gold price in recent years. To Mark Bristow, the chief
executive of African miner Randgold Resources Ltd.

How Will a Greek Default Affect The Price of Gold?

One of the major news events that may affect the financial markets, besides the
results from Super Tuesday, is the ramifications in case Greece will default on
its debt. Lets examine, how, if at all, such a scenario will affect the price of
gold. Despite the many reports coming from Europe, the events in the U.S. still
affect the bullion market more than the events in Europe: case in point, the
testimony of Bernanke from last week dragged gold and silver prices and resulted
in the worst performing week for bullion prices this year so far. Nevertheless,
yesterdays sharp decline of gold and silver prices was probably stemmed
primarily from the speculation around the Greek default and the EU GDP
contraction in the Q4 2011. The speculation of Greece defaulting on its debt may
reach another climax on Thursday, March 8th in this ongoing saga as private
creditors will need to respond to an offer that will effectively have them write
off nearly 70% of the face value of their Greek bonds in return for new issued
debt. Currently, Greek government bonds are traded at less than 20 cents in the
Euro. Will a scenario in which Greece defaults on

Weighing Dish’s Prospects for Success in Its Quest to Become a Wireless Carrier

XCSFDHG46767FHJHJF

tdp2664 InvestorPlace Dish wants to offer cellular service on its newly acquired wireless spectrum, and even a lengthy FCC review likely won’t hurt its prospects for success.



Request for FTC Investigation of Apple, Android App Flaws Fuels the Privacy Fire

XCSFDHG46767FHJHJF

tdp2664 InvestorPlace With Sen. Charles Schumer homing in on unauthorized app functions, Apple, Google, and app developers face mounting pressure to implement privacy protections.



Gold & Silver Prices – Daily Outlook March 7th 2012

Gold and silver prices declined for the third consecutive day.

Nasdaq and Axioma's new indices use equities to track gold, oil and softs

Nasdaq and Axiomas new indices use equities to track gold, oil and softs
Investment Europe - 1 hour ago Analytical software providers Axioma have teamed
up with exchange giant Nasdaq to launch indexes that track the spot prices of
various commodities using a basket of relevant equities.

Todays Gold Price Per Ounce Spot gold price per gram, Silver price per ounce, Price of gold and Silver Today

Gold Price Silver Price Market Trend News Today: According to one month change
analysis, price trend-lines for both gold and silver contracts are currently
posting negative values. Gold price trend has moved negatively by approximately
2.9 percent over this course of time and silver price trend has moved negatively
by approximately 3.4 percent during this time frame. Gold and silver prices
moved negatively once again during the second trading session of this week.
April contract gold posted red at the mid-day mark as did May contract Silver.
Both Contracts finished the day on the negative side of break-even. The dollar
gained strength during the last session and the euro fell lower. As is often the
case when this action is observed, precious metal gold price drops lower. This
market environment diminishes the safe haven appeal of precious metals and fewer
investors are looking to diversify with the precious metals while the dollar is
stronger. Gold price per ounce Silver price per ounce Contract Close: Gold
contract for April delivery finished the session in the red by 1.87 percent at
1,672.10 per troy ounce. Silver contract for May delivery finished the session
red by 2.7 percent at 32.78 per troy ounce. Spot gold per gram and spot silver
per ounce: After last session close and prior to todays opening bell, spot gold
per gram and spot silver per ounce posted red. Spot gold per gram was red by .85
at 53.93 and spot silver per ounce was red by .73 at 32.92.

Gold and Silver Continued Their Descent –Recap March 6th

Gold and silver prices continued their downward trend and completed yesterday a
three consecutive days in which both metals were traded down; crude oil prices
also declined yesterday; on the other hand, natural gas future price slightly
rose. The Euro sharply depreciated again against the US Dollar. Here is a
summary of the developments of precious metals and energy commodities for March
6th, 2012: Precious Metals: Gold price sharply decreased on Tuesday by 1.87% to
$1,672.1; Silver price also sharply declined by 2.71% and reached $32.78. During
March, gold decreased by 2.3% and silver by 5.37%.

LinkWithin

Related Posts Plugin for WordPress, Blogger...