Dr. Rick C. Ernst
Coaching The Affluent To A Fulfilling Life
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Gold

Rupee free fall: RBI limits overseas investments by Indians, bans gold coin import
timesofindia.indiatimes.com

"From now onwards, import of gold in the form of coins and medallions is prohibited and henceforth all import of gold in any form or purity shall be subject to a licence issued by DGFT prescribing 20-80 scheme," economic affairs secretary Arvind …

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KITCO NEWS INTERVIEW: Won't Take Much To Drive Gold To $1400: Saxo …
www.forbes.com

(Kitco News) – Despite continued headwinds, it would not take much to push gold prices higher as the market appears to be more neutral said Ole Hansen, head of commodity strategy at Saxo Bank. Hansen sees gold prices stabilizing and in the short-term …

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Omega Buys Apple Shares After Decline, Sells Facebook, Gold ETF
www.bloomberg.com

The hedge fund sold $13.9 million in the SPDR Gold Trust, $4.39 million of the iShares Silver Trust and $4.35 million of the Market Vectors Gold Miners ETF, according to the report to the SEC. Gold futures sank 23 percent during the second quarter and …

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Hedge funds cut gold holdings more in second quarter
in.reuters.com

LONDON (Reuters) – Hedge funds further abandoned gold in the second quarter of this year, lightening holdings of the world's biggest gold exchange-traded fund SPDR Gold Trust as spot prices plummeted. JP Morgan Chase & Co cut its investment in the …

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Govt bans gold coins, medallions imports to curb deficit
economictimes.indiatimes.com

"From now onwards, import of gold in the form of coins and medallions is prohibited and henceforth all import of gold in any form or purity shall be subject to a licence issued by DGFT prescribing 20-80 scheme," Economic Affairs Secretary Arvind …

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Xbox One Changes Xbox Live Gold while Kinect No Longer Required to be On
www.co-optimus.com

Inching ever closer to the Xbox One launch and Microsoft continues to listen to the critical feedback on the "features" that were announced on the system to date. Today Microsoft have announced that the Kinect peripheral, while still required WITH …

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Today's "Gold Convergence" is Your Best Buy Signal Yet
moneymorning.com

The Commitment of Traders report – perhaps the best leading indicator for gold prices – delivered the second piece of evidence: a staggering 70% spike in "red flag" futures trading. And the third and fourth pieces of evidence just arrived. But before …

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Will China Confiscate its Citizen's Gold?
news.goldseek.com

At one point we thought we were alone in believing that eventually we would see a confiscation of citizen's gold in one or more countries. Then we saw the confiscation of deposits in Cyprus in line with a “bail-in” policy. While this was a banking …

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Gold steadies after drop, but Fed stimulus concerns stay
www.cnbc.com

Gold steadied on Wednesday after dropping more than 1 percent in the previous session, but worries over when the U.S. Federal Reserve would begin tapering its bullion-friendly stimulus continued to drag on prices. The Fed's bond buying is tantamount to …

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