Friday, March 23, 2012

Gold, Silver Jump Amid Lower U.S. Home Sales

Precious metals were showing healthy gains Friday morning to close out a down
week, recovering somewhat from recent losses.

Microsoft Corporation Encouraging India Startup Accelerators

Microsoft Corporation (NASDAQ:MSFT) has partnered with Accelerators Morpheus and
Accel. Microsoft Corporation Encouraging India Startup Accelerators Reports say
that Microsoft Corporation (NASDAQ:MSFT) is collaborating with Accelerators
Morpheus and Accel in India. This step is taken to help startups grow their
business through the availability of Microsoft Corporation (NASDAQ:MSFT)'s
BizSpark Plus. Working with the accelerators, Microsoft

Randgold Resources (GOLD) Plunged To Over A 5-Month Low

Randgold Resources (GOLD) Plunged To Over A 5-Month Low NASDAQ - 16 hours ago
(RTTNews.com) - Randgold Resources (GOLD) stated on Thursday that it is keeping
watch on developments in Mali, where elements of the army mounted a coup
attempt.

Upgrades & Downgrades: BTU, MO, SBUX, GOLD, and MWW

Upgrades & Downgrades: BTU, MO, SBUX, GOLD, and MWW Schaeffers Research (blog)
- 11 hours ago by Jim Cunningham 3/23/2012 11:12 AM Analysts are weighing in
today on coal mining outfit Peabody Energy Corporation (BTU - 30.55), tobacco
holding company Altria Group, Inc. (MO - 30.26), coffee king Starbucks
Corporation (SBUX - 54.63), gold mining ...

Gold, Silver Shares Rally, XAU Eyes Best Day in a Month

Gold and silver shares turned sharply higher alongside precious metals on
Friday in a welcome respite from the sectors recent weakness. The Philadelphia
Gold & Silver Index (XAU), which heading into today had tumbled 10.9% in March,
climbed 1.9% to 177.54 in afternoon trading.

U.S. New Home Sales Declined in February 2012

Today, the U.S. Census Bureau updated on the number of new homes sales in the
U.S during February 2012: new homes sales slightly declined again compared with
the number of homes sold during January 2012. According to the recent report,
during February 2012 the annual rate of number of U.S new home sales reached
313,000 (seasonally adjusted); this figure is 1.6 percent below the revised
annual rate in January 2012 of 318,000 sales, but it is still 11.4% above the
annual rate in February 2011. The median sales price of new dwellings sold in
January 2012 reached $233,700. This news coincides with the decline in sales of
existing homes – a report that was published a couple of days ago. This news
doesnt look well on the recovery of the U.S. real estate market. Therefore this
news may be among the factors to weaken the US dollar against major currencies
including Euro and consequently may positively affect the prices of major
commodities including gold and crude oil. This report may also adversely affect
the American stock markets, which are currently traded with mixed trend. Current
gold price, short term futures (April 2012 delivery) is traded at $1,660.80 per
t oz.

Randgold Highlights Mining Risk as Turkey Seeks Gold Bullion

Randgold Highlights Mining Risk as Turkey Seeks Gold Bullion Fox Business - 6
hours ago On Thursday, gold prices declined to $1642.50 per ounce, while silver
fell nearly 90 cents to settle at $31.35. Both precious metals have declined
over the past few weeks. Ahead of the Bell: Mali coup weighs on Randgold -
BusinessWeek Coup prompts sell-off in miners with operations in Mali - Globe and
Mail

The Gold Price Close Up 0.4 Percent for the Week at $1,655.50 Must Hold Above the $1,627 Support

Gold Price Close Today : 1,662.30 Gold Price Close 16-Mar : 1,655.50 Change :
6.80 or 0.4% Silver Price Close Today : 3224.8 Silver Price Close 16-Mar :
3257.3 Change : -32.50 or -1.0% Gold Silver Ratio Today : 51.547 Gold Silver
Ratio 16-Mar : 50.824 Change : 0.72 or 1.4% Silver Gold Ratio : 0.01940 Silver
Gold Ratio 16-Mar : 0.01968 Change : -0.00028 or -1.4% Dow in Gold Dollars : $
162.67 Dow in Gold Dollars 16-Mar : $ 165.23 Change : $ (2.56) or -1.6% Dow in
Gold Ounces : 7.869 Dow in Gold Ounces 16-Mar : 7.993 Change : -0.12 or -1.6%
Dow in Silver Ounces : 405.63 Dow in Silver Ounces 16-Mar : 406.24 Change :
-0.61 or -0.2% Dow Industrial : 13,080.73 Dow Industrial 16-Mar : 13,232.55
Change : -151.82 or -1.1% S&P 500 : 1,397.11 S&P 500 16-Mar : 1,404.16 Change :
-7.05 or -0.5% US Dollar Index : 79.366 US Dollar Index 16-Mar : 79.801 Change :
-0.435 or -0.5% Platinum Price Close Today : 1,626.20 Platinum Price Close
16-Mar : 1,672.70 Change : -46.50 or -2.8% Palladium Price Close Today : 659.20
Palladium Price Close 16-Mar : 697.80 Change : -38.60 or -5.5% GOLD PRICE
surprised everyone today by jumping $20 to close $1,662.30. Short covering
before the weekend could account for that, but gold also closed up 0.4% this
week, even after some terrible days. The GOLD PRICE has caught on an internal
support line, but if it breaks down through $1,627, it will hit the skids. By no
means out of danger yet. The SILVER PRICE lost 1% this week, but came back
smartly from a 3107c low for the week. This leaves behind a V-bottom, which well
might mark the farthest extent of silver's drop. However, more proof is needed.
Silver must climb above 3250c then 3300c before it regains credibility. Next
week silver must not drop below 3100c, or will pay 3000c a visit. The end to
this correction for the SILVER and GOLD PRICE is not far away, two weeks at
most, I suspect. Yes, we might have seen it already, but we'll know that if we
get a confirmation like this: a rise to 3300c, then a fall back to 3150c but no
lower. What an odd week. Silver and gold fell off, but ended the week higher or
about even. Stocks proved unable to move higher, and fell back. Dollar still
hanging on by fingernails, but platinum and palladium took a huge beating. The
Dow in Gold Dollars (Dow Industrials average valued in gold) did NOT manage to
break out this week, which casts more doubt on stocks' rise. For all the noise
about last Friday's high, the Dow couldn't hold on up there and lost 1.1% to end
just 80 points above 13,000, at 13,080.73, up 34.59 points (0.27%) on the day.
S&P500 remains below the morale-whacking 1,400 line. Gained 4.33 today (0.31%)
to close at 1,397.11. Stocks are not far from some sort of high that will remain
historic for a long time, that is, they won't get that high again for a long
time. The US DOLLAR INDEX fell today to the bottom of its three week range --
again. Fell 37 basis points (0.48%) to 79.366. That points the dollar's momentum
down, as it pushes it below its 50 day moving average (79.46) and its 20 DMA
(79.46). For now I can only say, it remains range-bound unless it closes below
79. Yen bounced up 0.26% today to 121.47. Last three days the yen has gapped up
off a bottom and jumped higher. Penetrated but did not close above its 20 DMA.
Closed today at 121.47c/Y100 (Y82.32/US$1). Euro climbed over its 20 DMA
(1.3212) to end at $1.3270, up 0.55%. Don't climb on that sinking boat -- the
Euro still has $1.2000 in its future. SPECIAL OFFER YET ANOTHER SILVER CLEARANCE
I don't usually stock the pre-1936 US silver dollars, because they trade at a
fairly high premium over their silver content. I also don't like to stock them
because they are so lovely that I cannot turn loose of them, and that is not a
businesslike sentiment. Over some long time I have accumulated a pile of silver
dollars, and I am selling these at 75 cents over the wholesale price, just to
see them fly. I have six lots of them, sold on a first-come, first-served basis.
I am sorry, but once these are sold, I cannot re-order at these prices. When
they're gone, they're gone. LOT No. 1, One hundred (100) pre-1905 Morgan silver
dollars, various dates and mint marks. The Morgan silver dollar was minted from
1878 through 1904 at San Francisco, New Orleans, Philadelphia, and Carson City.
These coins all grade strictly VG (Very Good) or better, and contain 0.765 troy
ounce of silver. At $29.75 each, this lot costs $2,975 + $25 shipping, a total
of $3,000.00 LOT No. 2, Fifty-six (56) pre-1905 Morgans and Forty-five (45) 1921
Morgans, all strictly VG or better, $29.75 each. This lot of 101 coins costs
$3,004.75 + $25 shipping, a total of $3,029.75. LOT No. 3, One hundred
Twenty-four (124) PEACE dollars minted from 1921 - 1935. This design was placed
on the dollar to celebrate the end of World War I. All are strictly graded VG or
better. At $28.75, this 124 piece lot costs $3,565 plus $25 shipping, a total of
$3,590.00. LOT No. 4, One hundred CULL silver dollars, graded LESS than VG. One
reason I don't like to trade in dollars is that so many dealers fudge the
grading. You order VG or better, but you get coins that are too worn,
rim-dinged, or even holed. These are coins I have culled out for rim dings or
scratches or some other flaw that disqualifies them for a strict VG grade, even
though otherwise they might grade Extremely Fine (XF) or better. Might be good
for barter, because I've never met anybody who wouldn't jump at a silver dollar,
even a slick one. At $27.05 each, this lot of 100 cull dollars costs $2,705.00 +
$25 shipping, for a total of $2,730.00 LOT No. 5, Ninety-nine (99) CULL silver
dollars, graded LESS than VG. At $27.05 each, this lot costs $2,677.95 + $25
shipping or a total of $2,702.95. LOT No. 6, Forty-eight (48) Brilliant
Uncirculated (BU) pre-1905 Morgan silver dollars. These are not certified or
slabbed, but they are uncirculated. Each coin grades BU or better, and contains
0.7734 troy ounce of fine silver. At $45 each (one dollar over wholesale) this
lot of 48 costs $2,160.00 + $25 shipping for a total of $2,185.00. Yes, you may
order as many lots as you please, but I'm sorry, no re-orders or back-orders at
these prices. Offer ends when my supply runs out. All coins are sold "as is."
ONE LAST THING. I have counted and counted these coins, but the silver termites
might have gotten to them since then. My count may be short by as many as Five
(5) coins. If so, I will reduce the invoice by that amount. Special Conditions:
First come, first served, and no re-orders at these prices. I will enter orders
based on the time I receive your e-mail at franklin@the-moneychanger.com. We
will not take orders for less than the minimums shown above. All sales on a
strict "no-nag" basis. If you pay by check, we allow Two weeks (14 days) for
your check to clear before we ship. Calls looking for your order two days after
we receive your check will be politely and patiently rebuffed. If you want
faster shipping, please send a wire. Spot silver basis for all prices above is
$32.25 ORDERING INSTRUCTIONS: 1. You may order by e-mail only to
franklin@the-moneychanger.com. No phone orders, please. Your email must include
your complete name, address, and phone number. We cannot ship to you without
your address. Sorry, we cannot ship outside the United States or to Tennessee.
Repeat, your email must include your complete name, address, and phone number.
We can no longer read minds. 2. Orders are on a first-come, first-served basis
until supply is exhausted. 3. "First come, first-served" means that we will
enter the orders in the order that we receive them by e-mail. 4. If your order
is filled, we will e-mail you a confirmation. If you do not receive a
confirmation, your order was not filled. 5. You will need to send payment by
personal check or bank wire (either one is fine) within 48 hours. It just needs
to be in the mail, not in our hands, in 48 hours. 6. We allow fourteen (14) days
for personal checks to clear before we ship. If your hurry is greater than that,
you can send a bank wire. Once we ship, the post office takes four to fourteen
days to get the registered mail package to you. All in all, you'll see your
order in about one month if you send a check. 7. Mention Goldprice.org in your
email. Y'all enjoy your weekend! Argentum et aurum comparenda sunt -- -- Gold
and silver must be bought. - Franklin Sanders, The Moneychanger
The-MoneyChanger.com 888-218-9226 10:00am-5:00pm CST, Monday-Friday © 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.

Today’s Dow Jones Industrial Average DJIA, Nasdaq, S&P 500 Index Data; Stock Market Headlines Today

Todays Stock Market Trends and Headline News: Stock index trends in the U.S.
were pressured lower during times this week as home based economic data was
mixed and global economic news was worrisome. Manufacturing data stemming from
places like China and India implied that a potential economic slowdown in those
areas may be at the doorstep. The uncertainty of when lower demand from global
markets will come knocking pressured index trends in the U.S. this week. Here,
the housing sector data that posted this week was weaker than some expected and
this temporarily took the wind from many sails. Yesterday though, unemployment
claims dropped lower again which helped to freshen our collective economic
outlook. As a result, futures were brighter this morning. Prior to opening bell
today, futures for the DJIA, Nasdaq, and S&P 500 were posting in the green.
Stocks were set for the stronger open to begin the last trading session of the
week. As the day progressed, index trends remained on the positive side of
break-even but the home sales data that posted was weaker than expected. Overall
this week, data stemming from the housing sector was disappointing. New home
sales and existing home sales data in February dropped lower. New home sales
dropped to an annual rate of 313,000 which was about 10,000 less than the number
of sales from January. Todays DJIA, Nasdaq, S&P 500 Stock Market Index
Approaching Close Data Review: Primary indices were green across the board as
close approached. The Dow was green by .34 percent at 13,090.42. The Nasdaq was
green by .15 percent at 3,068.04 and the S&P 500 was green by .38 percent at
1,398.13. Frank Matto

In gold mining, unexpected is not uncommon

In gold mining, unexpected is not uncommon Financial Times - 17 minutes ago By
Bryce Elder When it comes to losing investors money, equities have an endless
scope to surprise. On Thursday, for example, the recent death of Colonel Muammer
Gaddafi ended up costing the hedge fund manager John Paulson about £50m.

Gold and Silver Finish Week on High Note

Gold and Silver Finish Week on High Note Fox Business - 1 hour ago On Friday,
gold (NYSEARCA:GLD) futures for April delivery increased $19.90 to settle at
$1662.40 per ounce, while silver (NYSEARCA:SLV) futures jumped 93 cents to close
at $32.27.

Supermodel Gisele Stock Index Still Outperforms

Gisele Bunchen, the wife of football star Tom Brady, is the world's top earning
supermodel, according to Forbes . Gisele, who receives most of her income in
euros and Brazilian reals, is a celebrity endorser and spokesperson for numerous
products of many publicly traded companies. Back in 2007, I examined these
companies and built them into the form of a stock index, in order to compare
Gisele's stocks with the Dow Jones Industrial Average. The following graph shows
the return for both from last year. If you look at the returns from January 2011
to today, the Dow is up 11.2%, yet the Gisele Stock Index is up an incredible
25.7%. This return excludes Apple (AAPL), which used to be part of the index
because Gisele Bundchen appeared on the 'Get a Mac' advertisements to promote
the new line of Macintosh's a few years ago. If Apple was still in the index,
her return would be even higher. A selection of the stocks in her index include:
Volkswagon (VLKAY.PK) TV commercial spokesperson Polo Ralph Lauren Corp. (RL)
Advertising campaign face for Ralph Lauren, owned by Polo Ralph Lauren Corp.
Vivo Participacoes (VIV) Celebrity endorsement - largest mobile phone service
provider in Brazil and in South America News Corp. (NWSA) Starred in the comedy,
Taxi, in her movie debut, and The Devil Wears Prada, both produced by 20th
Century Fox, a division of News Corp. Procter & Gamble (PG) Celebrity
endorsement, increased Pantene's sale in Brazil by 40%. Disney (DIS) Celebrity
endorsement - appeared in the 'Year of a Million Dreams' celebration photoshoot
For a free list of stocks in the Gisele Stock Index , go to
WallStreetNewsNetwork.com. Other celebrity stock indexes you may be interested
in include the Heidi Klum Stock Index , the Eva Longoria Stock Index , the
Angelina Jolie Stock Index , the Jessica Alba Stock Index , the Nicole Kidman
Stock Index , the Freida Pinto Stock Index , and the Supermodels Stock Indices .
Assumptions: The Gisele Index is a price-weighted index, similar to the Dow
Jones Industrial Average. It includes reinvested dividends. Disclosure: Author
owned DIS, NWSA, and AAPL at the time the article was written. No celebrity
endorsement expressed or implied. By Stockerblog.com

Spot Gold Price Up; Today’s Gold price per ounce Spot gold price per gram and Silver price per ounce spot price trends today

Gold and silver Market News Trends Today Mid-Day: Prior to opening bell this
morning, the spot gold price and spot silver price trends were tracking in a
positive direction. This action did little to reduce the fear that gold price
would drop even lower to end this trading week. It has been a challenging week
for precious metal gold and silver futures. Last session, gold and silver
futures dropped to their worst level in almost 10 weeks. Safe haven commodities
have been pressured this week by the rising dollar and the potential for reduced
demand in places like China and India. As the trading session progressed today,
gold and silver contract prices were tracking higher. Todays Gold and Silver
Price per ounce rates Mid-Day trends: April contract gold posted a mid-day price
higher by 1.31 percent at 1664 per troy ounce. May contract silver posted a
mid-day price at 31.34 per troy ounce. Todays Spot gold price per gram and spot
silver price per ounce trends today Mid-Day: Spot gold price per gram was
tracking higher at mid-day, as was spot silver price per ounce. Spot gold price
posted at 53.46 and spot silver price posted at 32.10. Camillo Zucari

Randgold (GOLD) Shares Continue Lower Following Citi Downgrade

Randgold (GOLD) Shares Continue Lower Following Citi Downgrade
StreetInsider.com (subscription) - 24 minutes ago Shares of Randgold Resources
Ltd. (NASDAQ: GOLD) are continuing lower Friday following an early morning
downgrade from Citi. The stock last traded at $89.94, down about 0.7 percent for
the session.

What the Bears Miss About Las Vegas Sands

XCSFDHG46767FHJHJF

tdp2664 InvestorPlace Investors under-appreciate the growth opportunities in Macau and Singapore.



Gold Price Climbs, GFMS Reiterates $2000 Forecast

XCSFDHG46767FHJHJF

gol2664 Negocioenlinea Gold Price Climbs, GFMS Reiterates $2000 Forecast International Business Times – 5 minutes ago By jturbin GOLD PRICE NEWS – The gold price climbed $11.90, or 0.7%, to $1654.89 per ounce on Friday as the commodities complex rebounded from yesterday's losses.



Google Inc. Boosting Cloud Security

Google Inc. (NASDAQ:GOOG) has enhanced the security of cloud hosted developer
services. Google Inc. Boosting Cloud Security The online giant Google Inc.
(NASDAQ:GOOG) is enhancing the security of its cloud hosted developer services.
The services include Google Cloud Storage, Google Prediction API, Google OAuth
2.0 Authorization Server, Google URL Shortener, Google APIs Console, Google APIs

Gold Price Climbs, GFMS Reiterates $2000 Forecast

Gold Price Climbs, GFMS Reiterates $2000 Forecast International Business Times
- 5 minutes ago By jturbin GOLD PRICE NEWS - The gold price climbed $11.90, or
0.7%, to $1654.89 per ounce on Friday as the commodities complex rebounded from
yesterdays losses.

Gold Stock Price Update for Today, Mar-23

Gold Stock Price Update for Today, Mar-23 Fyxnews - 1 hour ago Gold stock
prices for today, Friday, March 23, 2012. This is an overview of how gold mining
stocks are performing. Barrick Gold Corporation (NYSE:ABX) is currently trading
at $43.08.

Gold Price Falls; Gold Price per ounce Spot gold price per gram, Spot Silver price per ounce Trends Today

Gold Price and Silver price Market Trending News Today: Gold and silver price
added another negative day to this trading week. Gold price per ounce trends and
silver price per ounce trends weakened last session again as a result of the
strengthening dollar. The negatively skewed economic reports from overseas also
applied pressure. Manufacturing data out of China and Germany posted below
expectations this week and investors were quick to associate the potential for
weaker precious metal demand in those areas. The euro fell back versus the
dollar once again during the last full trading session. This action also reduced
the number of investors positioning with precious metal safe havens. Gold and
silver contracts finished in the red again to close Thursday. Gold contract and
silver contract price per ounce close review today: April contract gold closed
the day lower by .47 percent at 1642.50 per troy ounce. May contract silver
finished negative on the day by 2.74 percent to post a floor price close at
31.34 per troy ounce. Spot gold price and spot silver price trend review today:
Prior to opening bell this morning, spot gold price and spot silver price trends
were moving positively again. Spot gold price per gram posted at 53.06 and spot
silver price per ounce posted at 31.65. Camillo Zucari

Gold Oil and Silver Declined on Thursday –Recap March 22nd

Gold and silver prices continue to shift from gains to losses and moving with an
unclear trend; after they had increased on Wednesday, they have declined
yesterday. Crude oil prices also declined; natural gas future sharply fell
yesterday. The Euro slightly decreased again against the U.S. dollar. Here is a
summary of the changes in precious metals and energy commodities for March 22nd,
2012: Precious Metals: Gold price slightly fell by 0.47% to $1,642.5; Silver
price also decreased by 2.74% and reached $31.35. During March, gold decreased
by 4.02% and silver by 9.52%. The Euro/USD slipped yesterday by 0.11% to 1.3201;
furthermore, the U.S Dollar also appreciated against other exchange rates such
as the Yen. Oil and Gas: WTI price also fell by 1.78% to $104.96 per barrel;
Brent oil also decreased by 0.54% to $123.78 per barrel; Due to these changes,
the difference between Brent and WTI oil prices expanded to $18.82/bbl. During
the month, WTI declined by 1.97% and Brent oil edged down by 0.1%. The Henry Hub
future (April delivery) decreased by 3.81% to $2.27/mmbtu; the Henry Hub spot
price also declined to $2.18/mmbtu; the difference between the spot and future
reached $0.09/mmbtu, i.e. Contango. A Summary

Gold & Silver Prices – Daily Outlook March 23rd 2012

Gold and silver prices slightly declined yesterday and thus continue their
unclear trend as they zigzag from gains to losses on a daily basis. Yesterday
they have ended in the trading day in the red. It was reported yesterday that
the EU manufacturing index declined to 48.7 (49.3 in February). This news may
have been among the factors to drag down the Euro and bullion prices. Currently
gold and silver are trading up. Today, U.S. new home sales will be published,
and Canadas core consumer price index.

Ahead of the Bell: Mali coup weighs on Randgold

Ahead of the Bell: Mali coup weighs on Randgold BusinessWeek - 4 hours ago
Shares of Randgold Resources Ltd. tumbled before Thursdays opening bell on news
of a military coup in Mali, where the gold miner has significant operations.
Coup prompts sell-off in miners with operations in Mali - Globe and Mail
Randgold Resources says operations unaffected by reported coup in Mali - The
Guardian

Military Coup In Mali Highlights Advantages Of Gold Mining ETFs

Military Coup In Mali Highlights Advantages Of Gold Mining ETFs Seeking Alpha -
2 hours ago Shares of Randgold Resources Ltd (GOLD) plunged over 12% following
news of a military coup in Mali. The military coup is significant because GOLD
relies on its mines in Mali for roughly two-thirds of production. Gold Miners
Say Mali Coup Not an Issue For Them - International Business Times

Yamana Gold Is Low Enough to Mine

Canadian gold miner Yamana Gold (AUY) has been upgraded by analysts and has
reached our "buy under" point.

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