Recent content by Tiger21Invest

A long time gold bull, Eric Sprott says that gold is picking up momentum and analysts are saying that it's not too late to get in even though gold hit a new high last week and is up 26% year to date.

Australia's PM spoke in Singapore today with many headlines: unemployment rate is still too high, consumer confidence is strong, Australian economy has strong fundamentals, Australia has benefited from China and Asian growth, monetary policy is still expansionary, stimulus is timely, temporary...

A close higher today would be the longest rally Jan 4, 2006 as gold was up yesterday for the 8th straight day. An all-time high of 1,118.60 was reached intra-day.

China said that industrial production and retails were up in October and as a result the Aussie was up being that China is Australia's largest trading partner.

Gold continues to be a mirror of the dollar. Dollar up today. Gold down. Yesterday, reaching 1,111.70 it reached above the 70 level on the 14-day relative strength index. Expect some consolidation from this point, but still bullish long term.

The Aussie is down today as investors are taking gains due to concerns that the appreciation has been to rapid. It reached the 14-day relative strength index reading of 63.1 yesterday, near the 70 threshhold that signals that the currency is poised to weaken.

India's purchase of 200 tonnes of gold last week led a huge push upwards for the price of gold. With the price at 1095, it looks like it's march to 1200 will be sooner rather than later.

Australian Treasurer Wayne Swan said on ABC television that it is too early to take away government stimulus as jobs and the economic recovery depend upon it.

With interest rates so low investors have been using the dollar as a funding currency for riskier investments. The bearish case against the dollar is that interest rates are so low and that the US will increase interest rates far after other major countries. The bullish case for the dollar is...

Gold continues its orderly descent in price, but there are so many dollars, pounds and euros being printed that real assets will go up in value. Anyways, there is a seasonal low in this part of the year and with gold appreciating for a second monthly gain, a consolidation period is to be expected.

Gold continues its orderly descent in price, but there are so many dollars, pounds and euros being printed that real assets will go up in value. Anyways, there is a seasonal low in this part of the year and with gold appreciating for a second monthly gain, a consolidation period is to be expected.

Interesting facts from today’s GDP report: Fully 2.2 percentage points of the third quarter's 3.5% growth figure related to vehicle purchases and residential construction, both juiced by government support. Federal spending added 0.6%. What’s going to happen when all the stimulus spending is...

Paul Tudor Jones, managing $11.6 billion, is suddenly bullish on gold as he is concerned with inflation and increased purchases by ETF funds. Gold is just about flat today.

Paul Tudor Jones, managing $11.6 billion, is suddenly bullish on gold as he is concerned with inflation and increased purchases by ETF funds. Gold is just about flat today.

Goldman Sachs came out today with a report stating that investors should buy the Aussie dollar against the US dollar up to 95 US cents. They say to cover at 87.50 US cents. “With the robust GDP numbers out of the US, we think the backdrop could be supportive for risky assets in general in the...