Enter your Email Address


Useful Links

Know What The Insiders Are Doing!
Stock Trading Software

More Links




[Most Recent Quotes from www.kitco.com]

[Most Recent Quotes from www.kitco.com]




GoldDrivers 2009 – Extraordinary Bullish Outlook For Gold

Alex Stanczyk (February 9th, 2009) Writes:

GoldDrivers 2009 - Extraordinary Bullish Outlook For Gold Eric Hommelberg

Gold proves itself as only true alternative for the dollar Confidence in currencies shaken to the core Gulf countries are keen to break away from the link with the US dollar Chinese appetite for US debt in decline Former Bank of England official expects dollar collapse Investors fleeing into gold as US prints trillions HSBC, Citigroup, Merril Lynch, Goldman Sachs all turning bullish on gold Senior gold shares ready to move higher after impressive 100% bull run since October 2008 Junior gold shares waking up - bottomed out in December 2008

This piece is an update on “GoldDrivers

...
Tags for this Post:
Absolute Return Service;, Akio Mikuni;, Alex Stanczyk, Austin, Bank, Barack Obama, Barrick Gold Corp, Barrick;, battered banking sector;, Beijing, bloomberg, Bloomberg Television, CDNX;, central bank, Central Banks, China, Citigroup, comatose, Cooperation Council;, CRB, credit ratings agency, David Einhorn, Davos, Depression, Edmund Conway;, Eric Hommelberg;, Europe, Federal Reserve System, Former Bank of England;, Frank Tang;, Gary Dugan;, GCC Central Bank;, Gold Markets, gold mining stocks, Goldman Sachs, Greenlight Capital Inc.;, Greenlight;, Hong Kong, Hsbc, Is Ready;, Japan, Jefferies, Jennifer Ablan;, Jpy, Keith Bradsherk;, London, London School of Economics;, Mark MacQueen;, Merril Lynch, Merrill Lynch, metal, Mikuni & Co;, mining, Monetary Policy Committee;, Muscat;, New York, October, Oman, Peter Cooper;, precious metal, printing money, Reuters, Sage Advisor Services Ltd.;, Saijel Kishan, sailing, Saudi Arabia, scale mining operations odds;, scale mining operations;, serious concern, SGD, Stewart Bailey, Switzerland, Texas, Tokyo, Treasuries Jan;, Treasury Inflation Protected Securities, U.S. Treasuries, United States, Us Government, USD, Willem Buiter, www.golddrivers.com;, yellow metal

New GCC single currency agreed, will it include gold?

Alex Stanczyk (December 31st, 2008) Writes:

New GCC single currency agreed, will it include gold?

Filed under: Gold & Silver, Inflation, Oil Prices, UAE Revaluation, UAE Stocks, US Bonds, US Dollar — peterjcooper @ 8:56 am

Gulf Cooperation Council leaders yesterday concluded their 29th annual summit meeting in Muscat, Oman with a final approval for the creation of a single currency for the six-nation economic bloc, still targeted for 2010.

Saudi Arabia is the largest economy in the GCC and boasts substantial gold reserves. But whether gold will be included in the currency basket has not yet been decided. Golden opportunity

GCC assistant secretary-general Mohammad Al Mazroui told Gulf News: ‘We first have to decide on the location of the Central Bank, then the Central Bank and Monetary Council will have to decide on the gold reserves for the Central Bank’.

The creation of the GCC single currency - likely to be known as the Khaleeji which means Gulf in Arabic

...

Newsletter

No recommendations, either expressed or implied, are being made to buy, sell, hold or short any of the mentioned stocks. No legal, tax or accounting advice is expressed or implied. Always contact your attorney, CPA, or tax advisor before acting on any legal or tax issues. StraightStocks.com is not responsible for the content, products, or services of any of the advertisers on this site. StraightStocks.com receives compensation from advertisers on this blog. Services and products referred to herein are trademarks, registered trademarks, servicemarks, and/or registered servicemarks of their respective trademark or servicemark owners.