Dr. Rick C. Ernst
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Gold

Gold Prices Poised to Continue Their Breakdown
investorplace.com

It's the proverbial pie in the face for traders who were sure gold was destined for higher highs. On Monday, gold prices, along with the SPDR Gold Shares (GLD), plunged a stunning 2.3% — the biggest one-day dip of the year — when Portugal's debt …

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Gold hovers after three days of losses
www.marketwatch.com

LOS ANGELES (MarketWatch) — Gold prices inched fractionally lower on Wednesday, getting back on track after Janet Yellen's dovish testimony sapped any chance for gains. At last check, gold for August delivery (CNS:GCQ4) (CNS:GCQ4) was basically flat …

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PRECIOUS-Gold down 1 pct, below $1300 on Fed report, dollar rise
www.reuters.com

NEW YORK/LONDON, July 15 (Reuters) – Gold prices fell 1 percent on Tuesday, dropping below $1,300 an ounce as bullion investors focused on a U.S. Federal Reserve monetary policy report showing the central bank is set to end its bond-buying stimulus …

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Gold bugs push bubble
www.bangkokpost.com

Gold prices could waver from US$1,100 to 1,450 an ounce throughout the year as a result of global factors, says the Gold Research Center. The centre said the gold investment outlook improved after the coup, but the price is expected to be highly …

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PRECIOUS-Gold falls below $1300/oz on Fed report, dollar rise
www.reuters.com

"Yellen defending the current policy was expected but ultimately rates will be hiked and investors won't have reason to hold gold," said VTB Capital analyst Andrey Kryuchenkov. Spot gold was down 0.6 percent at $1,298.90 an ounce by 11:40 a.m. EDT …

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Armless archer aims for gold in Paralympics
www.khou.com

In 2012, he won a silver medal at the Paralympics in London – the gold medalist had use of both arms. Stutzman said he has his sights set on gold in 2016. “Ultimately, I want to prove to the world that I'm just kind of normal, you know,” said Stutzman …

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Gold Futures Fall to Three-Week Low as Dollar Advances
www.bloomberg.com

Gold futures fell to a three-week low in New York as a gain in the dollar reduced demand for the metal as an alternative investment. The Bloomberg Dollar Spot Index, which tracks the greenback against 10 major counterparts, rose to the highest since …

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Palladium Buys Most Gold Since '04 on Shortage: Chart of the Day
www.bloomberg.com

Palladium, a metal used in pollution-control devices, is trading near the highest price to gold in a decade as increasing global car sales coincide with supply disruptions caused by labor disputes in South Africa. The CHART OF THE DAY shows an ounce of …

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Gold Crashes: 3 Reasons to Remain Bullish
wallstcheatsheet.com

Monday was an ugly day for gold as the price of the yellow metal fell over $30/oz. and suffered its largest one-day drop so far in 2014. My followers shouldn't be in the least bit surprised, as Friday I wrote an article in which I argued that gold was …

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