The Gold Blog

Gold
Gold is up in London this morning. Gold was up $2.60 to $927.80 per ounce in trading in New York yesterday and silver was up 2 cents to $17.79 per ounce. The London AM Gold Fix at 1030 GMT this morning was at $932.75, £472.40 and £586.27 (from $931.75, £473.55 and €588.30 yesterday).

Cramer is an over-the-top wind bag who I would not trust with a ten foot barge pole (he uses sound effects!) but he is observed and followed by many on Wall Street and his recommendations will lead to increasing speculative and investment demand and his prediction of gold over $1,650 per ounce is conservative.
He [...]

Gold
Gold is up in London and is up in early trading in New York this morning. Gold was up $1.80 to $925.40 per ounce in trading in New York yesterday and silver was up 10 cents to $17.77 per ounce. The London AM Gold Fix at 1030 GMT this morning was at $931.75, £473.55 and [...]

Psychological research shows that people are systematically biased in their assessments of future
events; not only will the future be good, it will be especially good for oneself in particular.
All investors should have an understanding of risk based on an analysis of both their capacity for risk and their willingness to accept risk.