Showing posts with label $GOLD GLD $XEU. Show all posts
Showing posts with label $GOLD GLD $XEU. Show all posts

Wednesday, August 4, 2010

$1500 Gold? Gold & Euro

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Gold has bounced off of it's 150-ema and is trending higher. Itz believe QE2 is coming, this sluggish  economy, jobless recovery will force the Fed to keep rates near zero. Itz also believes that the dollar has more to go on the downside, golds next price objective is $1,500.

Gold continues to rise as China opens markets >>LINK TO REPORT






Mike Norman interview Peter Cardillo: Gold Could Reach $1,500 by 1st-Half 2011 >>Video Link<<

Thursday, March 18, 2010

Gold & Greece

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Given the legal hurdles, the German government believes that if Greece needs external financial support, it would best be provided by the I.M.F., a government official in Berlin said.
“In the case that the Greeks get into really serious problems, we would support an I.M.F. solution,” said the official, who was not authorized to speak publicly on the matter. >>READ MORE
GLD intraday is trading up $110.42 +$0.83 (0.74%) $EUR 1.3626
Gold in Euro's has resumed its upward trend again this week as Greece problems resurface, keep an eye on the recent high (82)