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Archive for the ‘The Metals Markets’ Category

U.S. Mint to produce more 2007 Silver Eagles

Last week premiums on Silver Eagles jumped as word spread that the U.S. Mint had run out and would ship no more this year. However, at the start of this week, the Mint revealed that it would produce more...

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Posted by Administrator on November 29th, 2007

Category: The Metals Markets

Is the short-term drop over?

Gene Arensberg, in his Sunday Nov. 11 Got Gold Report for resouceinvestor.com, asked: “Why didn’t gold sell off?” If the Got Gold Report had been scheduled one day later, Arensberg wouldn’t...

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Posted by Administrator on November 14th, 2007

Category: Gold, The Metals Markets

Canadian securities firm sees strong metals prices

“Support for gold as an investment continues to gain momentum, with an increasing number of announcements of purchases by non-Western governments,” says analysts for Canada’s Haywood...

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Posted by Administrator on July 23rd, 2007

Category: The Metals Markets

Reuters poll has silver outperforming gold

A Reuters poll has silver outperforming gold through 2008. I see no problem with that forecast. Historically, silver has always outperformed gold in precious metals bull market; therefore, in any prediction...

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Posted by Administrator on July 12th, 2007

Category: The Metals Markets

Newmont Mining to eliminate gold hedge book

Newmont was a longtime darling of “pure gold” stock investors, having eschewed the hedging and the forward sales that its rival Barrick Gold so often bragged about. However, in 2002 a three-way...

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Posted by Administrator on July 6th, 2007

Category: The Metals Markets

LCs actions confusing

It was only June 26 that I reported on the large commercials (LCs) dumping their long positions in the dollar. Such a move can generally can be construed as negative for the dollar and positive for gold...

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Posted by Administrator on July 2nd, 2007

Category: The Metals Markets