Posts Tagged ‘the-trend’

Gold has risen between Christmas and New Year in 8 of the last nine years, if the trend continues the yellow metal could end the year around $1,650. Full story

Trend of buying gold as investment on the wane KATHMANDU, Aug 30: Though gold is widely regarded as a safe haven for investment, the trend of buying gold as investment is on the wane largely due to price volatility. Daily trading of gold has fallen to Full story

Orezone cut higher grades of gold in near surface oxides and deeper sulphides in a 15,000 metre round of drilling at the Bomboré project, Burkina Faso. "If the trend continues we can expect an increase in the size and grade of the oxide resources, with the potential to lower strip ratios and improve economics," said Rob Little, Orezone president and CEO, in a prepared statement. Full story

Tom Lydon submits: Everyone loves gold these days. Investor fear, market uncertainty and general safe-haven seeking has sent people scurrying to gold ETFs. But like most trends, this won’t last forever Full story

From Resourceinvestor.com: There is no question that the trend in gold prices remains predominantly higher. The metal has rebounded swiftly off multi-month lows put in during July, bolstered by global economic slowdown fears and a rekindling of investor Full story

Back to the drawing board for the Federal Reserve. It will be interesting to find a silver lining in this one! Crude oil broke the trend line mentioned in yesterdays blog and touched the 50-day MA at the low of the day. We feel there is more work on the Full story