Posts Tagged ‘trade gold online’

Is the Gold Price going to fall to $1,500?

By: Julian D. W. Phillips, Gold/Silver Forecaster – Global Watch

With the worsening Eurozone crisis and the failure of government to manage the U.S. debt responsibly, markets are fearful of a meltdown. Traders are driving prices down in the knowledge that many positions are geared [leveraged] and exposed to margin calls. Other positions are protected by ‘stop loss’ instructions, so can be triggered by prices moving down through support levels. Potential buyers are in no hurry to enter the market, either because they feel there is further to fall or because the volumes dictating price moves are too thin to get the sort of positions they want. Overall, the investment climate is very wintery from the bottom of the financial structures right up to the markets themselves.

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The Simple Investment

The Reasons Why Gold is Rallying

They’re blaming Greece again.

This time it’s to try to explain why gold soared more than 3% on Tuesday.

But if you believe that explanation, how do you account for gold’s behavior just three sessions previously? The headline news last Thursday from the European debt front was just as dismal, and yet gold during that day’s trading plunged more than 2%.

Just as Greece has become a convenient whipping boy to help explain the stock market’s woes, it is being asked to play this same role for gold as well. (more…)

Is Gold Resuming its Safe Haven Status?

In a departure from recent price action in which it has been acting more like a “risk” asset rather than a safe haven asset, gold is moving higher alongside of both the US Dollar and the US Treasury market. It appears that traders are becoming increasingly “jittery” over developments in Europe concering the bank recapitalization plan and the Stability Mechanism. Safe havens flows are definitely returning to gold based on what we are witnessing today. (more…)

a nice write up about GBULLION DMCC

I have stumbled upon a very favorable write up about GBULLION DMCC. Written by David Merson, published on Dubai Information Site.

Have a look: GBULLION DMCC Review

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