Is it gold at a higher level?

Gold: the ultimate heaven! Is it? For the Swiss Government, it is time to sell a bunch of gold: The Swiss National Bank said Thursday it will sell 276 US tons of gold reserves over the next two years.

PHLX index vs DJIA index

PHLX GOLD AND SILVER SECTOR INDEX vs DOW JONES INDUSTRIAL AVERAGE INDEX

5 days

10 years

If we look at tree we can't see the forest.

That's why i believe in gold recover if U.S. Economy Slip Into Recession.

Red day for Gold

One more red day for the markets. One more red day for Gold and Gold stocks!

If we look at the 5 years Gold chart we can say that gold could fall to $600 an once in short time.

Probably, it will be next week. On the long term we expected to see gold recover.

Peter Spina opinion about Gold Stocks

Read more on The MarketWatch.

Gold Stocks: Opportunity to Buy

Sometimes people make decisions without thinking about them.
Today the gold falls sharply as everything else.

But with a difference, I believe that gold and gold stocks will run again soon.

You may ask, why?

I give you the same answer:

1. Weak dollar
Experts are saying that US dollar will lose further ground in the face of the reducing growth and interest rate differential.

2. Threat of terrorism attacks
Terrorism's experts are saying it’s just a matter of when, not if, the US will be struck again.

3. Iran conflict
There is a speculation that Bush Administration has chosen Iran as its next target.


If U.S. Economy Slip Into Recession by End of Year, what do you prefer: a weak dollar in your pocket or gold?

That's your decision!

Gold price at $700 an ounce soon

Iran says its program is purely peaceful.

The White House says the United States has no intention of going to war with Iran

That’s why gold is going up!

Now, Alan Greenspan Warns That U.S. Economy May Slip Into Recession by End of Year.

What’s coming next?

Is gold on the march again?

MSN Money Senior Markets Editor

Get the answer listening Jim Jubak from the MSN Money.

"The gold is a hedge against rising financial risk"

U.S. Trade Deficit & Gold Stocks

U.S. Trade Deficit Hits Record High for Fifth Consecutive Year

It’s good news for gold stocks, bad news for US dollar.

Oil & Gold

Have you ever read “The Long Emergency: Surviving the End of Oil, Climate Change, and Other Converging Catastrophes of the Twenty-First Century” from James Howard Kunstler?

Maybe the book is too negative about the future.

What do you think about it?

And, how about "Beyond Oil: The View from Hubbert's Peak" , from Kenneth S. Deffeyes?

His main concern is not our long-term adaptation to a world beyond oil but our immediate future: “Through our inattention, we have wasted the years that we might have used to prepare for lessened oil supplies. The next ten years are critical.”

Think about it!

Now you may understand this:

What’s coming next?

I'm pessimistic about future and optimistic about Gold.

Gold Outlook Positive

Gold still outlook positive, in spite of the lost of last two days.

Take a look about the opinion of Widmer and Hunter.

Michael Widmer, an analyst at Calyon Corporate and Investment Bank, said he would still expect the United States to lower interest rates.

Hunter, on the other hand, said he expected gold trading would continue to be volatile.

But, certainly, the market is shifting back its outlook to higher prices for the remainder of the year, and that trend remains intact," Hunter added.

You can read the entire article at Reuters “Gold recovers on bargain hunting, outlook bright”.

Today, Gold close at 648 (lost 0,43%).

Fed Meeting Tomorrow

The U.S. Federal Reserve meeting tomorrow may determine the course of interest rates and direction of the gold metal.

So if you have gold stocks pay attention to these meet.

Greg McCoach's 2007 Gold Outlook

Beyond 2007, Greg McCoach's, believes that gold could march to levels most people wouldn't think possible. We are talking about values much higher than $1,000 an ounce.
See more on The Wealth Daily.

Iran conflict and Gold Stocks

Iranian President Mahmoud Ahmadinejad said in November his country expects its uranium enrichment program to be ready by February to meet Iran's nuclear fuel needs.

We will soon know the news about the Iran Nuclear Program. Probably it will be one more step for the next crisis, and one more step to gold stocks.

Gold Stocks again!

If you are not a day trader why do you look just until tomorrow?
Don’t do it. Look forward until next three or five years.
Now, what do you see? What do you believe?

We told you that gold stocks were a good idea. When we told you that, Goldcorp closed at 26,19. Today close at 26,93.

For these days that’s what happens:

Source: msn

When we look just until tomorrow, we don't understand where does it goes!

If you are not a day trader try to answer those questions, for the next three or five years:

1. Weak dollar?

2. Threat of terrorism attacks?

3. Iran conflict?

Well, you can see my opinion in the post “Why Gold Stocks?”

Why Gold Stocks?

1. Weak dollar
Experts are saying that US dollar will lose further ground in the face of the reducing growth and interest rate differential.

2. Threat of terrorism attacks
Terrorisms experts are saying it’s just a matter of when, not if, the US will be struck again.

3. Iran conflict
There is a speculation that Bush Administration has chosen Iran as its next target.