January 22, 2009 - Obamarsquo;s inauguration this week signals a change in the level of support that the alternative energy and clean tech sectors will get in Washington, and other world leaders know it. This week at the World Future Energy Summit in Abu Dhabu UN Intergovernmental Panel on Climate Change chairman Rajendra Pachauri said he expects the U.S. position on climate change at Decemberrsquo;s meeting in Copenhagen will be critical and will set the tone. Bush never took a lead role. That being said, attention to climate change issues has never been greater on a global scale because countries, all facing economic erosion on an unprecedented level, are all moving to a strategy which effectively kills two birds with one stone: infrastructure investment and investment in green technologies as a primary catalyst for stimulating their own economies. Obamarsquo;s $800 billion fiscal stimulus package is no different. nbsp; The United Nations ...

The short-term path of gold is still unclear says David Galland. But its a good sign that demand for physical gold soars when prices tip towards $750 an ounce. And this threshold is likely to creep upwards as the US dollar loses its worth, and foreign governments convert currency reserves for the precious metal.

This from Money Morning:

Of late, I have read a number of analysts, Jim Rogers even, who have expressed the view that gold could dip to the mid- to low $600 level.

It could happen, but I think not. Already, buyers of physical gold are finding anything near $700 to be cheap and are helping to build a floor under the monetary metal. On that topic, a friend sent this item along recently:

(Gulf News, Nov. 12) Riyadh: There has been an unprecedented demand for gold in the Saudi market recently, with over 13 billion Saudi riyals ($3.47

...

By David Galland Editor, The Casey Report Of late, I have read a number of analysts, Jim Rogers even, who have expressed the view that gold could dip to the mid- to low $600 level. It could happen, but I think not. Already, buyers of physical gold are finding anything near $700 to be cheap and are helping to build a floor under the monetary metal. On that topic, a friend sent this item along recently: (Gulf News, Nov. 12) Riyadh: There has been an unprecedented demand for gold in the Saudi market recently, with over 13 billion Saudi riyals ($3.47 billion) being spent on the yellow metal during the prior two weeks. Demand is expected to rise still higher as more investors turn to gold as a safe haven in the midst of the global financial crisis, according to market sources. Sami Al Mohna, an ...

Of late, I have read a number of analysts, Jim Rogers even, who have expressed the view that gold could dip to the mid- to low $600 level.  Could happen, but I think not. Already, buyers of physical gold are finding anything near $700 to be cheap and so are helping to build a floor under the monetary metal.

On that topic, a friend sent this item along last week…

(Gulf News Nov 12) Riyadh: There has been an unprecedented demand for gold in the Saudi market recently, with over 13 billion Saudi riyals (Dh12.75 billion) being spent on the yellow metal during the last two weeks.Demand is expected to rise still higher as more investors turn to gold as a safe haven in the midst of the global financial crisis, according to market sources.

Sami Al Mohna, an expert on the gold market, said the trend had resulted in a

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