Search Results for: Gold
Elliott Wave Analysis: GOLD Regaining Its Bullish Momentum
June 23rd, 2016
Gold bounced sharply this month from 1204 area where we see a completed corrective wave II/B, which can be labeled as a flat or even as a W-X-Y, but in both cases it was a complex correction within uptrend ...
How far UK pound is expected to crash after a Brexit: Goldman Sachs
June 16th, 2016
Brexit could trigger a huge sell-off in the pound, sending the currency down by as much as 11% against a basket of the world’s most important currencies, according to new research from Goldman Sachs released late on Wednesday. Goldman ...
The pensions mess: can gold help?
June 14th, 2016
The British have recently seen two unpleasant examples of the cost of pension fund deficits. A deficit at British Steel, estimated to be about £485m, was followed by a deficit at British Home Stores of £571m. In both cases, ...
George Soros Is Back In The Cockpit And He’s Buying Gold Stocks
June 10th, 2016
George Soros is back in the cockpit. The billionaire fund investor is reportedly responsible for a series of bearish bets made by Soros Fund Management, a $30 billion “family office,” made earlier this year. The Wall Street Journal’s Gregory Zuckerman made a splash ...
Silver Acting Like ‘Gold on Steroids’ as Assets Near Record High
June 10th, 2016
ETFs backed by silver have seen assets increase for 8 days Prices are up 25% in 2016, tracking similar rally in gold For all the concerns whether the rally in precious metals will last, investors are close to making ...
Gold – a reasonable correction?
June 3rd, 2016
Gold weakened during May by about $100, from a high point of $1300 to a low of $1200. This, for technical analysts, is entirely within the normal correction zone of a third to two-thirds of the previous rise, which ...
Elliott Wave Analysis: GOLD Trading In A Flat Of A Higher Degree; More Weakness In Wave C Is Expected To Follow
May 30th, 2016
GOLD is turning down sharply for the last few weeks with increasing bearish momentum, so we see metal now making an impulsive drop from the highs. However, despite a five wave decline we still see market in temporary bearish ...
Gold Sinks as Dollar Gets Boost From Yellen; Japan’s Stocks Rise
May 30th, 2016
Yen drops to one-month low as Abe aide signals tax-hike delay Yuan retreats as PBOC sets weakest fixing in five years Gold fell for the ninth day in a row, its longest losing streak in a year, and the ...
The top 10 countries with the largest gold holdings
May 26th, 2016
Beginning in 2010, central banks around the world turned from being net sellers of gold to net buyers of gold. Last year they collectively added 483 tonnes—the second largest annual total since the end of the gold standard—with Russia ...
Fraudsters of a Gold investment scam have been sentenced to prison
May 26th, 2016
Four American fraudsters who conned hundreds of British citizens out of millions of pounds through a bogus gold mining investment scheme have today been sentenced to prison in Tampa, Florida. Adriana Camargo, 37, Naadir Cassim, 40, Jon Nelson, 69, ...
