Dr. Rick C. Ernst
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Gold

Built on gold riches, Johannesburg succumbs to sci-fi sinkholes
www.csmonitor.com

Apart from the colossal damage sinkholes have done to local communities and the environment here, they are also a barometer for the broader crises building as Johannesburg struggles to manage the decline of its most historically significant industry …

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Gold demand to soar as festive season kicks off in India
www.mining.com

Gold prices have traditionally rallied in in September as India, the world's second-largest gold buyer, stocked up on the yellow metal ahead of its wedding season around Diwali. But investors hoping the Indian Festival season will boost the metal's …

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Gold Firmer On Short Covering In Subdued Market Place
www.forbes.com

(Kitco News) – Gold prices are modestly higher in early U.S. trading Tuesday, on tepid short covering after the market hit a three-month low on Monday. A lack of new fundamental developments and a quieter market place so far this week are allowing the …

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Independent Scotland could claim part of £7.8bn gold reserves
rt.com

The United Kingdom, whose reserves are worth 7.84 billion pounds ($12.6 billion) at today's prices, making it the world's 18th largest gold reserves holder, Reuters reported on Monday. In total, the UK is said to have 310 metric tons in gold reserves …

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Gold hovers near 3-month low, dollar strength weighs
economictimes.indiatimes.com

SINGAPORE: Gold hovered near its lowest in three months on Tuesday after sharp overnight losses as the dollar traded at 14-month highs against a basket of major currencies, dimming the metal's appeal as a currency hedge. Spot gold had slipped slightly …

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Australia shares sluggish; weak data, gold slump cap
uk.reuters.com

SYDNEY/WELLINGTON, Sept 9 (Reuters) – Australian shares edged higher on Tuesday, but held near three-week lows as an uninspired performance on Wall Street, a slump in gold prices and a dip in business conditions tempered the mood. Gold miners …

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Gold hovers near three-month low, dollar strength weighs
in.reuters.com

Spot gold had slipped slightly to $1,254.66 an ounce by 0335 GMT. The metal closed down 1 percent on Monday, after earlier hitting $1,251.24 – its lowest since June. "Gold appears to be testing its $1,250 an ounce support handle, and any break below …

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Gold at $1500 by Christmas?
www.resourceinvestor.com

Gold and silver prices are being repressed by central banks, but Sprott Asset Management's Charles Oliver argues that demand pressure will cause this dam to burst sooner rather than later. As a result, he expects big increases in the prices of gold and …

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Gold Sinks to 3-Month Low on Chart-Based Selling, Strong Greenback
www.forbes.com

(Kitco News) – Gold prices ended the U.S. day session down and hit a three-month low Monday. The market was pressured by technical selling pressure, including sell stops being triggered when chart support levels were breached. The surging U.S. dollar …

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