Thursday, March 22, 2012

Gold and Silver Drop to Mid-January Levels

Gold and Silver Drop to Mid-January Levels Fox Business - 9 hours ago On
Thursday, gold (NYSEARCA:GLD) futures for April delivery declined $7.80 to
settle at $1642.50 per ounce, while silver (NYSEARCA:SLV) futures fell 88 cents
to close at $31.35.

Avion Drops Most in Four Months After Mali Coup: Toronto Mover

Avion Drops Most in Four Months After Mali Coup: Toronto Mover Bloomberg - 9
hours ago Avion Gold Corp. (AVR), a miner of gold in Mali, fell the most in four
months after a military coup in the West African country. Avion dropped 12
percent to close at C$1.20 in Toronto, the biggest decline since Nov. 15.

Google Alert - Antiques treasure

News1 new result for Antiques treasure
 
Treasure Hunters looking for your gold, silver, coins
Galesburg Register-Mail
An employee of Treasure Hunters shows off a handful of gold at the Best Western, ... the PBS program "Antiques Roadshow" that could give potential customers ...


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Mali coup could put gold miners at risk

Mali coup could put gold miners at risk Financial Post - 4 hours ago West
Africa has been the single hottest gold mining region in the world over the past
few years, receiving billions of dollars in investment. Military Coup in Mali
Fuels Plunge in Randgold Resources (GOLD) - International Business Times Mali
Army Officers Say Toure Government Has Been Overthrown - Bloomberg

Minnesota Chooses Microsoft Office 365

The state of Minnesota has decided to deploy Microsoft Corporation (NASDAQ:MSFT)
Office 365 across its offices. Minnesota Chooses Microsoft Office 365 The State
of Minnesota has moved to Microsoft Corporation (NASDAQ:MSFT) Office 365 to
upgrade its communication and collaboration systems for a marked increase in
capacity and capability. The deployment encompasses all executive branch
agencies,

Randgold, Bank of Ireland, MGT Among Top Percentage Decliners Mar 22nd

Randgold, Bank of Ireland, MGT Among Top Percentage Decliners Mar 22nd Wall St.
Cheat Sheet - 4 hours ago By Derek Hoffman Randgold Resources Ltd.
(NASDAQ:GOLD): Randgold Resources said it was keeping a close watch on
developments in Mali, where elements of the army appear to have mounted a coup
attempt.

The Gold Price Lost $7.70 Today the Further Gold Drops the Closer it's Turnaround

Gold Price Close Today : 1642.30 Change : (7.70) or -0.47% Silver Price Close
Today : 3131.90 Change : 88.0 cents or -2.73% Gold Silver Ratio Today : 52.438
Change : 1.194 or 2.33% Silver Gold Ratio Today : 0.01907 Change : -0.000444 or
-2.28% Platinum Price Close Today : 1617.80 Change : -20.90 or -1.28% Palladium
Price Close Today : 651.90 Change : -32.90 or -4.80% S&P 500 : 1,392.78 Change :
-10.11 or -0.72% Dow In GOLD$ : $164.21 Change : $ (0.20) or -0.12% Dow in GOLD
oz : 7.944 Change : -0.010 or -0.12% Dow in SILVER oz : 416.56 Change : 8.95 or
2.20% Dow Industrial : 13,046.14 Change : -78.48 or -0.60% US Dollar Index :
79.65 Change : 0.008 or 0.01% GOLD PRICE has begun its final descent to a
landing. Lost $7.70 today to shutter Comex at $1,642.30, but the low reached
$1,628.34. What must we reckon with here? I'm one of those folks who likes to
hear the worst first, so I have a feel for the maximum pain that might await me.
Right up front, $1,600 jumps off the chart, followed by $1,560. $1,600 might
stop it, but today's close took gold through an internal support line that
implies -- assuming it falls lower tomorrow -- it must fall further. Just to
hedge that call, if the GOLD PRICE touches $1,600 tomorrow, then closes above
today's low, I would buy it. SILVER cut through 3180 resistance today and fell
as low as 3107c. It recovered enough to close 3131.9c, losing "only" 88c. Now
one might behold today's chart and say, "Lookey there! A spikey little bottom!"
Indeed, said spike appears, but something argues against that establishing any
lower boundary to the move, namely, support really was working at the circa
3150/3160c range, and today's close took the SILVER PRICE beyond that pale. It
would have to turn sharply upward tomorrow to contradict that. Otherwise, start
reckoning with 3050c, even 3000c. Soon. Yet another witness pointing to lower
silver is the GOLD/SILVER RATIO , rising today to 52.438 from yesterday's
51.244. Technically we call that a "right smart higher move." At least, that's
what we call it in Tennessee. I don't know what they call it up north. Platinum
and palladium were also hammered right hard, not optimistic for the silver and
GOLD PRICE . Now before y'all go hide under a galvanized wash tub waiting for
your world to end, think a second. The further SILVER and GOLD drop, the closer
they are coming to that turnaround. Y'all let everybody else whine and moan and
scan the horizon for Planet X and Mayan calendars and stuff like that.
Straighten up now, silver and gold are not far from the turning point, so stop
flinching. The Yen fulfilled yesterday's promise of a key reversal by adding the
second and final ingredient, a higher close today. Y100 closed at 121.18c
(Y82.52/US$1), up a seven-league-booted 1.03%. The euro, on the other hand, fell
0.19% to $1.3188. This carries with it the smell of mackerel past its prime, as
the euro touched its 50 day moving average and stands below its 20 DMA. A close
below 1.3100 will send a large, green, clawed hand up from the swamps below to
pull the euro underwater. All this jubilating took place while the US dollar
tried to climb out of its trading range, but failed. It traded as high as
79.949, but closed at 79.649 a tee-tiny 8/10 of a basis point higher than
yesterday. Still, the dollar index is at least knocking on the door of overhead
resistance. No resolution yet, but expectation must be biased downward, along
with the trend in progress. Friends and I were talking about Iguaçu Falls
today. Two of them had in fact visited the falls, and talked about its several
descending levels. Lo, I beheld the Dow's chart the last few days, replete with
cataracts flowing down, bouncing up, and falling off again, and I said, "Look!
It's Iguaçu!" Have any of y'all ever seen water flow UP hill? At least, water
doesn't flow up hill in Tennessee, but maybe in Australia, on the globe's bottom
side? Almost all stock indices fell today. Dow fell 78.48 (0.6%) to 13,046.14,
parlously close to the 13,000 line. Breaking that point will also break
investors' morale and optimism. S&P500 fell 10.11 (0.72%) to 1,392.78, ALREADY
below the morale-busting 1,400 line on the board. Did I forget to mention that
although the Dow did not close below its 20 DMA (13,033.29) today, it cut into
it? Did I leave out that crossing that 20 DMA will begin turning momentum
definitively earthward, begging gravity to have its way? 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.

Todays Dow Jones Industrial Average Index DJIA DJI, Nasdaq, S&P 500 Stock Market Investing News Today; Stocks Suffer Today

DJIA, Nasdsaq, S&P 500, Stock Market Investing News Today: Stock indices
finished the mid-week trading session mixed as investors responded to the weaker
than expected housing sector data and the continued uncertainty regarding
economic progress overseas in China. Projections for Chinas growth recently
dropped lower which culminated in lower stock trends in the eurozone and U.S. In
addition to this global pressure, the U.S. received some negatively skewed data
from the National Association of Realtors. This data revealed a drop in existing
home sales. This also pressured stock index trends lower. The negative momentum
carried through to today as futures for the primary indices in the U.S. were
posting red prior to opening bell this morning. The Dow Jones Industrial
Average, as well as the Nasdaq and the S&P 500, were red across the board and
stocks were set for the weaker open today. The housing sector data this week so
far is not all that most hoped it would be. In addition to the depressed
existing home sales data, new home construction data dipped lower according to
the post this week. Investor optimism for a noteworthy rebound in the housing
sector is quickly depleting. As todays trading session progressed, the primary
indices were unable to rebound even though the government reported that
unemployment benefits claims dropped lower again. In addition to the lower
claims data, the Conference Board reported that the Leading Economic Indicators
index notched higher by .7 percent in February which was better than expected.
Ultimately though, the primary indices tracked negatively this day. As the
session close approached, all three primary indices were in the red. Todays
DJIA, Nasdaq and S&P 500 Stock Market Index Trends Approaching Close Today: Just
minutes prior to close today, the DJIA was red by .55 percent at 12,052.35. The
Nasdaq was red by .40 percent at 3,062.94. The S&P 500 was red by .70 percent at
1,393.19.

Google Alert - antiques coin

News1 new result for antiques coin
 
Antiques show, metals exchange in Sandwich March 24
Aurora Beacon News
The Gold-N-Coin Shop will donate 20 percent of all exchanges to the FVOAS. Dealers from the Sandwich Antique Mart, the city's oldest antique shop, ...


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Gold hits 2-month low; FTSE falls on China concerns

Gold hits 2-month low; FTSE falls on China concerns Citywire.co.uk - 2 hours
ago FTSE 100 drops amid mounting concerns about an economic slowdown in China
and as fears over Europes debt crisis flare again. by Max Julius on Mar 22, 2012
at 17:05 Gold prices hit a two-month low and Britains FTSE 100 fell on Thursday,
amid mounting ... FTSE ends the session firmly lower with miners in retreat -
Stock Market Wire FTSE in the red - Irish Examiner

COMEX Gold, Silver Futures Drop to 9-Week Lows

The recent sell-off in precious metals continued on Thursday, with gold and
silver futures dropping to their worst levels in nine weeks. COMEX gold futures,
per the April contract, settled lower by $7.80, or 0.5%, to 41,642.50 per ounce.

What the fuss Mechel, The Bank of Ireland and Randgold Resources?

What the fuss Mechel, The Bank of Ireland and Randgold Resources? eStocksDaily
- 2 hours ago In this report: Mechel OAO (NYSE:MTL), The Bank of Ireland
(NYSE:IRE) and Randgold Resources (NASDAQ:GOLD). Mechel OAO (NYSE:MTL) shares
slid 7 percent on Thursday after Russias Natural Resource Ministry stated that
it is investigating possible ...

New Apple Inc. iPad ‘Running Hotter’

It has been reported that Apple Inc. (NASDAQ:AAPL)'s new iPad is hotter than
its previous versions. New Apple Inc. iPad Running Hotter A running of tests
conducted by an influential consumer watchdog has found that Apple Inc.
(NASDAQ:AAPL)'s latest iPad can hit temperatures as high as 116 degrees
Fahrenheit while playing action games. The test

Military Coup in Mali Fuels Plunge in Randgold Resources (GOLD)

Shares of several gold companies came under heavy selling pressure on Thursday
after a military coup emerged in the west African nation of Mali. According to a
Reuters report, "Renegade Malian soldiers declared on state television on
Thursday they had seized power in the West African state in protest at the
governments failure to quell a nomad-led rebellion in the north." Other key
points from the report included: The coup has been fronted by soldiers of the
rank of captain or lower and, if successful, will add a new layer of insecurity
to a Saharan region battling al Qaeda agents and a flood of weapons trafficked
from Libya since the fall of Muammar Gaddafi. The army has for weeks appealed to
the government for better weapons to fight the northern Tuareg rebels, now
bolstered by heavily armed ethnic allies who fought on Gaddafis side last year
but have returned to Mali. Government and military sources told Reuters the
mutineers entered the presidential palace overnight after it was vacated by
Toure (President Amadou Toumani Toure) and his entourage. A defense ministry
source said Toure a 63-year-old former coup leader due to step down after April
polls was in a safe location but his whereabouts were unknown. The largest gold
miner with operations in Mali is Randgold Resources (GOLD), whose shares tumbled
as much as $11.43, or 11.1%, to $91.97 per share earlier this morning, before
paring their losses to trade at $93.55 per share.

Mining Sector: Shanta Gold slumps as it reviews financing options to cover ...

Mining Sector: Shanta Gold slumps as it reviews financing options to cover ...
Stock Market Wire - 24 minutes ago StockMarketWire.com - Shanta Golds (LON:SHG)
shares plunged by nearly 29% after it revealed that it is reviewing its
financing options to cover delayed commissioning of the New Luika gold mine and
the development of the Singida project.

Coup prompts sell-off in miners with operations in Mali

Coup prompts sell-off in miners with operations in Mali Globe and Mail - 20
minutes ago Gold miner Randgold Resources GOLD-Q said its operations in Mali
were running normally, despite worries over unrest as renegade soldiers said
they had seized power in the West African country. Randgold Resources says
operations unaffected by reported coup in Mali - The Guardian Randgold Resources
shares plunge after a coup in Mali - BBC News

Gold and Silver Price Drop, Gold Price per Ounce Spot gold price per gram; Today’s Spot Silver price per ounce Mid-Day Prices

Gold price and Silver price market trend news today: Gold price per ounce and
silver price per ounce trends have been choppy this week. Gold and silver price
trend-lines have fluctuated through the week as he stronger dollar and mixed
home economic reports have pushed precious metal price trend-lines around. Prior
to opening bell this morning, the spot gold and spot silver price trends were
tracking negatively again. This negative action comes just one day after gold
and silver contracts finished on the positive side of break-even Wednesday. As
todays trading session progressed, investors had to digest even more negative
news overseas. Manufacturing data out of China and Germany was below
expectations which pushed stock index trends lower. The potential of reduced
demand in these markets, paired with the strengthened dollar, pushed precious
metal gold and silver prices lower. Todays contract gold price per ounce and
contract silver price per ounce mid-day review: Gold contract for April delivery
posted a mid-day price in the red at 1640 per troy ounce. May contract silver
posted a mid-day price in the red at 32.23 per troy ounce. Todays Spot gold
price per ounce spot silver price per ounce trends mid-day: Mid-day price trends
for spot gold and spot silver were negative as well. Spot gold per gram price
posted at 52.67 and spot silver per ounce price posted at 31.38 halfway through
the trading session today. Camillo Zucari

Pre-market Movers For March 22 (DG, POZN, SEED, RGR, CAG, FDX, GIII, LULU, GOLD)

Pre-market Movers For March 22 (DG, POZN, SEED, RGR, CAG, FDX, GIII, LULU,
GOLD) RTT News - 1 hour ago Dollar General Corp. (DG: News ) is gaining more
than 1 percent to $45.50. The companys fourth quarter profit increased from the
previous year.

Randgold Resources says operations unaffected by claimed coup in Mali

Randgold Resources says operations unaffected by claimed coup in Mali The
Guardian - 5 minutes ago Gold miner Randgold Resources says operations at its
three projects in Mali are running normally despite reports of a coup in the
country, while other mining groups report that they are monitoring the
situation. Randgold, China data push FTSE 100 lower - MarketWatch Randgold
Resources shares plunge after a coup in Mali - BBC News

Gold Price Retreats, Markets Fall on Weak Chinese Data

GOLD PRICE NEWS – The gold price retreated $18.25, or 1.1%, to $1,631.97 per
ounce Thursday morning amid U.S. dollar strength and widespread liquidation in
the commodities complex.

Google Inc. Makes Huge Maps Update

Google Inc. (NASDAQ:GOOG) has enhanced the 3D models of thousands of 3D
landmarks in Google Maps. Google Inc. Makes Huge Maps Update The search engine
company Google Inc. (NASDAQ:GOOG) has once again updated its Google Maps service
to provide more detailed information to the public. The company has enhanced the
3D quality of thousands of

Is the Bull Market in Gold Bullion Kaput?

The biggest problem with holding gold is that it doesn't produce income.

Todays Gold Price per ounce Spot gold price per gram; Spot silver price per ounce Price of gold and silver trends today

Gold and silver Trends and Market News Today: Gold and silver price trends were
on the rise during the last trading session. The dollar lost ground versus the
euro and stock indices were faltering. The weaker dollar, paired with the
faltering stock index trends, motivated more to position with safe haven metals.
Gold and silver prices started the last session stronger and the positive
trending carried through to end of day close. Both gold and silver contract
prices closed on the positive side of break-even to finish the last trading
session. Todays gold contract price and silver contract price close review:
April contract gold finished the last trading session higher by .20 percent at
1650.30 per troy ounce. May contract silver finished the last session higher by
1.23 percent at 32.23 per troy ounce. Spot gold price per gram and spot silver
price per ounce trends today: Prior to opening bell this morning, spot gold
price and spot silver price were tracking lower. Spot gold price per gram posted
red at 52.62 and spot silver price per ounce posted red at 31.82. Camillo Zucari

Miner Randgold says Mali operations running normally

Miner Randgold says Mali operations running normally euronews - 47 minutes ago
LONDON, MARCH 22 - Gold miner Randgold Resources said its operations in Mali,
which account for roughly two-thirds of its production, are running normally,
despite worries over unrest as renegade soldiers say they have seized power in
the West African ... Randgold monitoring events in Mali - MarketWatch (press
release)

Gold and Silver Slightly Rose on Wednesday –Recap March 21st

Gold and silver prices continue to zigzag and after they had decreased on
Tuesday, they bounced back yesterday. Crude oil traded with mixed trend as WTI
was traded up while Brent slightly declined; natural gas future also rose
yesterday. The Euro moderately decreased again against the U.S. dollar. Here is
a summary of the changes in precious metals and energy commodities for March
21st, 2012: Precious Metals: Gold price slightly rose by 0.2% to $1,650; Silver
price also increased by 1.23% and reached $32.23. During March, gold decreased
by 3.56% and silver by 6.97%. The Euro/USD slipped yesterday by 0.07% to 1.3216;
furthermore, the U.S Dollar also moderately appreciated against other exchange
rates such as the Canadian dollar. Oil and Gas: WTI price also rose by 1.18% to
$106.86 per barrel; Brent oil on the other hand decreased by 0.04% to $124.45
per barrel; Due to these changes, the difference between Brent and WTI oil
prices shrunk to $17.59/bbl. During the month, WTI declined by 0.2% while Brent
oil edged up by 0.2%. The Henry Hub future (April delivery) increased by 1.29%
to $2.36/mmbtu; the Henry Hub spot price remained unchanged at $2.19/mmbtu; the
difference between the spot and future

Gold & Silver Prices – Daily Outlook March 22nd 2012

Gold and silver prices continue to change directions from gains to losses.
Yesterday they have ended in the green. Will this no clear trend continue today?
Currently gold and silver price are falling. Today, U.S. Jobless Claims will be
published, ECB President Draghi will give a speech, Bernanke will also give a
speech, Canadas retail sales report will be released along with EU Manufacturing
PMI.

China fears hit FTSE; Randgold tumbles on Mali coup

China fears hit FTSE; Randgold tumbles on Mali coup Citywire.co.uk - 30 minutes
ago Shares in gold mining company Randgold Resources (RRS.L) tumble after Mali
rebels claim to have ousted regime in coup. by Chris Marshall on Mar 22, 2012 at
08:53 European stock markets were once again fretting over the state of the
Chinese economy on ... Randgold plummets on Malian rebel takeover - ShareCast
Miner Randgold tumbles on Mali unrest - Independent Online

The Gold Stock Sector Is On Sale

The Gold Stock Sector Is On Sale The Market Oracle - 2 minutes ago Michael
Fowler, senior mining analyst with Loewen, Ondaatje, McCutcheon, sees small- and
mid-cap junior producers and developers as the "sweet spot" in the gold equities
space, and provides a basket of names to consider in each space. The Gold Sector
Is On Sale: Michael Fowler - Jutia Group

The Bull Is Just Catching His Breath

XCSFDHG46767FHJHJF

tdp2664 InvestorPlace Wednesday’s mild trading led to losses in the Dow Industrials and S&P 500, but the uptrend isn’t over — merely stalled.



Malian Army Says Constitution Suspended, Elections Planned

XCSFDHG46767FHJHJF

gol2664 Negocioenlinea Malian Army Says Constitution Suspended, Elections Planned Bloomberg – 54 minutes ago A Malian army officer said the country's constitution has been suspended and all state institutions have been dissolved because of the government's "incompetence. Malian Army Says Constitution Suspended – BusinessWeek



The Bull Is Just Catching His Breath

Wednesday's mild trading led to losses in the Dow Industrials and S&P 500, but
the uptrend isn't over -- merely stalled.

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