Market News Read about current trends in the precious metals market and how they may affect your investments.
- Gold: Where Next?01/24/2012
- Gold Price To Snap Back01/05/2012
- Gold Investors Have Much to be Thankful For, Says Jeffrey Nichols, Senior Economic Advisor For Rosland Capital11/16/2011
- Jeffrey Nichols - Senior Economic Advisor For Rosland Capital - Predicts Gold Will Hit Historic Peak Of $1,923 By Early 201211/15/2011
- 'Gold Is Coming Alive Again...And May Reach A Historic Peak By The End Of 2011' Says Jeffrey Nichols - Senior Economic Advisor For Rosland Capital10/26/2011
- Jeffery Nichols - Senior Economic Advisor For Rosland Capital - Explains Why The Gold Market Action Is Not What You Think09/29/2011
- LA Times -- Rosland Capital CEO Marin Aleksov Discusses Recent Gold Prices and its Consistent Value09/22/2011
- Bloomberg -- Jeffrey Nichols Talks About the Outlook and Demand for Gold on Bloomberg TV's "Street Smart"08/22/2011
- Jeffrey Nichols - Senior Economic Advisor For Rosland Capital - Talks Gold Prices Amidst Economic Turmoil08/18/2011
- Jeffrey Nichols - Senior Economic Advisor for Rosland Capital - Talks Gold Prices and Economic Turmoil08/08/2011
- Bloomberg News -- Rosland Capital's Senior Economic Advisor Jeffrey Nichols Discusses Gold's Continued Rise and Record Value08/04/2011
- LA Times -- Rosland Capital CEO Marin Aleksov Interviewed About Gold Surging Toward New Record Amid Economic Worries08/03/2011
- August 2011 Rosland Capital Newsletter Featuring Commentary From Senior Economic Advisor Jeffrey Nichols08/01/2011
- Gold Continues To Soar, Again, Explains Jeffrey Nichols - Senior Economic Advisor For Rosland Capital07/22/2011
- ABC News -- Strong Demand for Gold Drove Prices for the Precious Metal to Record Highs07/19/2011
- Jeffrey Nichols - Senior Economic Advisor For Rosland Capital - Explains Why Gold And Silver Are Beneficiaries Of The Current European Plight07/07/2011
- As The Summer Heats Up, Jeffrey Nichols - Senior Economic Advisor For Rosland Capital - Predicts The Same For Gold06/20/2011
- Gold Will Continue to Soar and Jeffrey Nichols - Senior Economic Advisor For Rosland Capital - Predicts Just How High It Will Go06/01/2011
- Jeffrey Nichols Tackles the 'Bubble' and Explains the Underpinnings of a Long-run Bull Market for Gold and Silver05/26/2011
- Jeffrey Nichols - Senior Advisor For Rosland Capital - Explains How Accelerating Global Inflation Spells Higher Gold Prices Ahead05/10/2011
- Reasons for Central Banks Buying More Gold Explained by Jeffrey Nichols - Senior Economic Advisor For Rosland Capital05/04/2011
- Jeffrey Nichols - Senior Economic Advisor For Rosland Capital - Examines the Scaling of Gold to New Heights04/21/2011
- Jeffrey Nichols - Senior Economic Advisor For Rosland Capital - Explains the Seasonality of Gold03/22/2011
- Spring 2011 Rosland Capital Newsletter Featuring Introductory Remarks by Company President and CEO Marin Aleksov03/08/2011
- CBS Sunday Morning News - A look at gold investment featuring interviews with Rosland Capital CEO Marin Aleksov, Jeffrey Nichols and Gordon Liddy03/06/2011
- L.A. Gold Dealers Prove Their Metal01/10/2011
- Rosland Capital's Senior Economic Advisor Jeffrey Nichols Talks 2011: Economic Trends Points to Another Banner Year for Gold01/04/2011
- Rosland Capital's Senior Economic Advisor Jeffrey Nichols Talks About Gold and the Economy, Warning Don't be Fooled12/13/2010
- Rosland Capital's Senior Economic Advisor Jeffrey Nichols Talks About Gold -- On the Move Again12/07/2010
- Nothing Like a Healthy Correction for Gold Says Rosland Capital's Senior Economic Advisor Jeffrey Nichols11/15/2010
- Gold is "On Fire" says Rosland Capital's Senior Economic Advisor Jeffrey Nichols11/09/2010
- Rally Stalls on Worry About Europe, But Gold Soars to $1,400 an Ounce11/08/2010
- Rosland Capital's Senior Economic Advisor Jeffrey Nichols Addresses American Politics...11/04/2010
- Rosland Capital's Senior Economic Advisor Jeffrey Nichols Predicts 'The Next Up-Leg Begins' for Gold10/25/2010
- Nichols Sees Gold Rising to Around $1,500 by End of 2010: Video10/14/2010
- Rosland Capital's Senior Economic Advisor Jeffrey Nichols Discusses U.S. Elections, Economic-policy Prospects and the Price of Gold10/12/2010
- G. Gordon Liddy on Gold10/07/2010
- Rosland Capital's Senior Economic Advisor Jeffrey Nichols Discusses U.S. Monetary Policy, Inflation and Gold09/28/2010
- Rosland Capital's Senior Economic Advisor Jeffrey Nichols Had Predicted Sharp Rise in Gold and Silver09/16/2010
- Rosland Capital's Senior Economic Advisor Jeffery Nichols Speaks of 'AG-Flation' and Gold Investors Taking Note09/07/2010
- "Silver is Set to Shine," says Rosland Capital's Senior Economic Advisor Jeffrey Nichols08/25/2010
- Rosland Capital's Senior Economic Advisor Jeffrey Nichols Predicts 'Gold is Set to Move'08/16/2010
- Hedge Funds and Institutional Investors Go for the Gold08/13/2010
- Rosland Capital's Senior Economic Advisor Jeffrey Nichols Calls China "A Stirring Giant in the World Gold Market"08/10/2010
- Consolidation Continues Says Rosland Capital's Senior Economic Advisor Jeffrey Nichols07/19/2010
- "Opportunity Knocks" says Rosland Capital's Senior Economic Advisor Jeffrey Nichols07/06/2010
- Summer Doldrums – Golden Opportunity06/28/2010
- Saudi Gold Purchases Revealed, Explains Rosland Capital’s Senior Economic Advisor Jeffrey Nichols06/22/2010
- “Double Dip” Scenario Results in Greater Inflation and Higher Gold Prices06/08/2010
- Jeff Nichols: Changing Demand Makes $2,000+ Gold Likely06/01/2010
- Rosland’s Nichols Sees Gold Rising to $1,500 by Year End (Video)05/14/2010
- Rosland’s Nichols Interview About Gold Prices (Video)05/13/2010
- The Case for Physical Gold05/12/2010
- ‘A Wall of Worry’ on the Street05/11/2010
- Gold Hits All Time High Against Dollar Driven By Fear, Volatility and Bullish Fundamentals05/11/2010
- Morgan Stanley Sees Gold Target Record on Sovereign Debt Risks05/06/2010
- Dollar Loses Value Against Emerging Economy Currencies04/27/2010
- True Inflation is 6% to 7%04/21/2010
- Euro Jitters Affect Short Term Value of Gold04/01/2010
- After 30% Gain in Past Year, Where Next for Gold?04/05/2010
- Time is Running Out for the US Dollar03/24/2010
- Golden Rule02/01/2010
- U.S. Unemployment Woes Lead to Trend of Gold Investment01/12/2010
- Reality Check: Gold Expert Sees Inflation, Stagflation on Horizon01/19/2010
- Gold Unlikely to Fall Below $1000 - Jeff Nichols: CommodityOnline01/25/2010
- First Day of 2010 Trading Session Turns to Gold01/04/2010
Gold Will Continue to Soar and Jeffrey Nichols - Senior Economic Advisor For Rosland Capital - Predicts Just How High It Will Go
Published 6/01/2011
NEW YORK (June 01, 2011) — Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity:
A few weeks ago, when gold and silver were near $1470 and $32 an ounce respectively, quite a few economists and financial journalists were quick to pronounce the death of the decade-long bull market in precious metals and the start of a newborn bear market.Rosland Capital’s Senior Economic Advisor Jeffrey Nichols Talks About Gold and the Economy, Warning Don't be Fooled
Published 12/13/2010
NEW YORK (December 13, 2010) – Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity and the week ahead:
Sinking dollar fuels new gold rush: Washington Times
Published 11/10/2009 | Read more: washingtontimes.com
Worries about the fast-falling dollar are sending gold prices to record highs.
Gold rose to $1,111.70 an ounce Monday as the dollar sank to a 15-month low against other major currencies in New York trading. The precious metal and the U.S. currency have had an inverse relationship since March.
First Day of 2010 Trading Session Turns to Gold
Published 1/5/2010
NEW YORK (JAN. 5, 2010) – Gold opened 2010 with price growth. Jeffrey Nichols, Senior Economic Advisor to Rosland Capital, today made the following comments on the outlook for the price of gold based on new investor participation and other key fundamentals, including a continuing, weaker U.S. dollar.
Nichols is available to talk about the outlook for gold, silver and platinum-group metals, as well as their anticipated performance for 2010.
As The Summer Heats Up, Jeffrey Nichols - Senior Economic Advisor For Rosland Capital - Predicts The Same For Gold
Published 06/20/2011
NEW YORK (June 20, 2011) - Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity:
The days ahead could be tumultuous for gold with the yellow metal's price primed to move one way or the other depending on news from European finance ministers, the European Central Bank, the Greek Parliament and,
Consolidation Continues Says Rosland Capital’s Senior Economic Advisor Jeffrey Nichols
Published 7/19/2010
NEW YORK (July 19, 2010) – Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity and the week ahead:
Time is Running Out for the US Dollar
Published 3/24/2010
NEW YORK (March 22, 2010) – Jeffrey Nichols, Senior Economic Advisor to Rosland Capital, had the following commentary based on today’s market activity and the week ahead.
More Irrational Thinking
Gold’s latest breakdown below $1,100 an ounce seems like a big deal -- worrying gold bulls, vindicating gold bears, and giving market analysts and financial journalists something to write about. But, in reality, gold has been fairly stable in recent weeks, trading in a range between $1,090 and $1,040.
Dollar Loses Value Against Emerging Economy Currencies; Inflation Indicators Accumulate
Published 4/27/2010
NEW YORK (APR. 27, 2010) – Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity and the week ahead.
Euro Still Slipping on Greece
This past week the Greek sovereign debt crisis has called the tune for gold. Each bit of news that Greece was either closer to default or closer to resolution of its sovereign debt issues caused daily swings in the gold price.
Golden Rule
L.A. metals brokers mine inflation fears
Published 2/1/2010 | Read more: Richard Clough - Los Angeles Business Journal Staff
Marin Aleksov, a tall, thick Swede with a heavy accent even after 17 years in the states, places a small stack of gold coins on the table.
“That there,” he says, casually, “is worth about $20,000.”
Rosland Capital's Senior Economic Advisor Jeffrey Nichols Predicts 'Gold is Set to Move'
Published 8/16/2010
NEW YORK (August 16, 2010) – Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity and the week ahead:
G. Gordon Liddy on Gold
Radio talk show host G. Gordon Liddy argues gold is still a buy.
Running time 07:18
Published 10/7/2010
Rosland Capital’s Senior Economic Advisor Jeffrey Nichols Talks 2011: Economic Trends Points to Another Banner Year for Gold
Published 1/04/2011
NEW YORK (January 4, 2010) – Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity and the week ahead:
Rosland Capital’s Senior Economic Advisor Jeffrey Nichols Talks About Gold — On the Move Again
Published 12/07/2010
NEW YORK (December 07, 2010) – Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity and the week ahead:
After 30% Gain in Past Year, Where Next for Gold?
Published 4/5/2010
NEW YORK (April 5, 2010) – Jeffrey Nichols, Senior Economic Advisor to Rosland Capital, had the following commentary based on today’s market activity and the week ahead.
From its recent low under $1,090 an ounce, gold has recovered lost ground, trading above $1,120 in past days. And while gold prices have appreciated nearly 30 percent from a year ago, gold remains below its all-time high of $1,227 reached in early December. The question of "Where next?" may rest in the following factors:
Bloomberg - Jeffrey Nichols Talks About the Outlook and Demand for Gold on Bloomberg TV's "Street Smart"
Published 08/22/2011
Bloomberg (August 22, 2011) - Jeffrey Nichols Talks About the Outlook and Demand for Gold on Bloomberg TV's "Street Smart"
Full Story (External Link): Click Here
Gold Price To Snap Back
NEW YORK (January 5, 2012) - Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), expects gold will snap back to achieve new record prices in the year ahead.
In contrast to the closing months of 2011, gold has begun the new year on a strong note. Whatever the metal's short-term prospects, we believe 2012 will be another stellar year for gold investors.
Gold topped out at an all-time high just over $1,924 an ounce in early September - a whopping gain of some $600 or about 50 percent from last January's low point. But as investors know all too well, gold prices can be quite volatile - with big upswings often followed by big downswings, albeit around a rising long-term trend.
Rosland Capital’s Senior Economic Advisor Jeffrey Nichols Talks About Gold — On the Move Again
Published 12/07/2010
NEW YORK (December 07, 2010) – Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity and the week ahead:
India shows bull market for gold intact: Forbes
Published 11/5/2009 | Read more: thaindian.com
Washington, Nov 5 (IANS) India’s purchase of 200 tonnes of gold for $6.7 billion from the International Monetary Fund (IMF) “shows central banks are getting on board with the idea that the bull market in gold still has legs,” according to Forbes magazine.
“India’s purchase provides positive reinforcement for gold investors that the bull market in gold is intact,” the leading US business magazine said, citing David Rosenberg, chief economist at Canadian wealth management firm Gluskin Sheff.
August 2011 Rosland Capital Newsletter Featuring Commentary From Senior Economic Advisor Jeffrey Nichols
Published 8/01/2011
NEW YORK (August 01, 2011) - Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity:
Contrary to some commentators who say "gold's extraordinary run is nearly over" or "the gold-price bubble will soon pop," I believe the yellow metal's price has far to go, perhaps to the end of the decade or even longer, before the great gold bull market comes to its ultimate cyclical end.Jeffrey Nichols - Senior Economic Advisor For Rosland Capital - Explains the Seasonality of Gold
Published 3/22/2011
NEW YORK (March 22, 2011) — Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity:
Gold thrives on political and economic uncertainty. Time and again, the metal's price has been a measure of global anxiety.
Saudi Gold Purchases Revealed, Explains Rosland Capital’s Senior Economic Advisor Jeffrey Nichols
Published 6/22/2010
NEW YORK (June 22, 2010) – Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity and the week ahead:
Jeffrey Nichols - Senior Economic Advisor For Rosland Capital - Explains Why Gold And Silver Are Beneficiaries Of The Current European Plight
Published 07/07/2011
NEW YORK (July 7, 2011) - Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity:
In May and June, as precious metals prices tumbled and remained depressed, we advised clients to use the drop in prices as an opportunity for scale-down buying. Now that prices are again showing signs of renewed strength, don't wait for gold and silver prices to soar.
U.S. Unemployment Woes Lead to Trend of Gold Investment
Published 1/12/2010
NEW YORK (JAN. 12, 2010) – Gold has moved up sharply in recent weeks and therefore triggered more worldwide client interest in the yellow metal. Jeffrey Nichols, Senior Economic Advisor to Rosland Capital, today made the following comments on the outlook for the price of gold:
“Double Dip” Scenario Results in Greater Inflation and Higher Gold Prices, Predicts Rosland Capital’s Senior Economic Advisor Jeffrey Nichols
Published 6/8/2010
NEW YORK (June 8, 2010) – Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity and the week ahead:
Rosland Capital's Senior Economic Advisor Jeffrey Nichols Addresses American Politics Following Last Night's Mid-Term Elections, Monetary and Fiscal Policy Prospects and The Price of Gold
Published 11/04/2010
NEW YORK (November 3, 2010) – Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity and the week ahead:
Bloomberg News -- Rosland Capital's Senior Economic Advisor Jeffrey Nichols Discusses Gold's Continued Rise and Record Value
Published 08/04/2011
Bloomberg News (August 4, 2011) - Rosland Capital's Senior Economic Advisor Jeffrey Nichols Discusses Gold's Continued Rise and Record Value
Full Story (External Link): Click Here
L.A. Gold Dealers Prove Their Metal
Two local firms add staff to handle boom in sales.
by Alexa Hyland
Published 1/10/2011
From: Los Angeles Business Journal
Call it the gold rush of 2011.
Despite today's high unemployment, Goldline International Inc. is on a hiring spree: The precious metals dealer is set to add 75 account executives to its Santa Monica headquarters this week – upping its work force by at least 20 percent. As more people are buying gold, Goldline needs more people to sell it to them.
Rosland’s Nichols Sees Gold Rising to $1,500 by Year End
Video (4:18)
By Matt Miller and Carol Massar
Bloomberg TV
This video content is provided outside the Rosland Capital website. A new browser window will open.
Rosland Capital's Senior Economic Advisor Jeffrey Nichols Discusses U.S. Monetary Policy, Inflation and Gold
Published 9/28/2010
NEW YORK (September 28, 2010) – Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity and the week ahead:
The Case for Physical Gold
Published 5/12/2010
Jeffrey Nichols
Senior Economic Advisor, Rosland Capital
Given how well gold has appreciated over the past several years, I am often asked “Is now a good time to own gold?” With the U.S. and global economies in uncertain waters for the foreseeable future, the answer is an unqualified “Yes!”
No one knows what is in store for the economy and for our personal savings and investments, least of all politicians and policymakers steering our economy through today’s turbulent seas.
Gold is "On Fire" says Rosland Capital's Senior Economic Advisor Jeffrey Nichols
Published 11/09/2010
NEW YORK (November 9, 2010) – Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity and the week ahead:
LA Times -- Rosland Capital CEO Marin Aleksov Discusses Recent Gold Prices and its Consistent Value
Published 09/22/2011
LA Times (September 22, 2011) - Rosland Capital CEO Marin Aleksov Discusses Recent Gold Prices and its Consistent Value
Full Story (External Link): Click Here
Reality Check: Gold Expert Sees Inflation, Stagflation on Horizon
Published 1/19/2010
NEW YORK (JAN. 19, 2010) – Jeffrey Nichols, Senior Economic Advisor to Rosland Capital, had the following commentary based on today’s market activity and the week ahead. Key points:
- US Economy is Looking at Double Dip with Stagflation Topping
- Look for BRIC economies to Pave the Way
- Private Investment and Official Demand to Fuel the Bull’s Stampede
- Continued Volatility Will Characterize Gold’s Rise
Jeffery Nichols - Senior Economic Advisor For Rosland Capital - Explains Why The Gold Market Action Is Not What You Think
NEW YORK (September 29, 2011) - Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity:
It's been a tumultuous month or two for gold - and the world's financial media has taken note. The yellow metal was headline news as its price moved swiftly upward in late August and early September to reach a new all-time high of $1,923.70 on September 6th in New York intraday trading.
True Inflation is 6% to 7%
Official Measures Game the Statistics
Paulson is Largest Holder of GLD
Published 4/21/2010
NEW YORK (APR. 21, 2010) – Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent developments:
Gold Continues To Soar, Again, Explains Jeffrey Nichols - Senior Economic Advisor For Rosland Capital
Published 07/22/2011
NEW YORK (July 22, 2011) - Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity:
Contrary to some commentators who say "gold's extraordinary run is nearly over" or "the gold-price bubble will soon pop," I believe the yellow metal's price has far to go, perhaps to the end of the decade or even longer, before the great gold bull market comes to its ultimate cyclical end.
GOLD: WHERE NEXT?
NEW YORK (January 24, 2012) - Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following comments on gold's short-term prospects:
Despite the winding down of East Asia's Lunar New Year gold buying binge, I expect the yellow metal's price will continue to move up in the weeks ahead - but not without some struggle as gold works to re-establish upward momentum and renewed credibility.
Seasonal Expectations
Historically, with the arrival of the Lunar New Year, gold demand and the metal's price typically enter a seasonally weak period -- but the typical seasonality is no longer a reliable guide to gold price prospects.
The usually weak summer months this past year saw gold run up to new historic highs above $1,900 an ounce and, contrary to expectations, the seasonally strong autumn months saw gold prices fall, back down to $1,525 or thereabouts.
Now, with winter upon us, I don't expect gold prices will drop with the temperature as they often have at this time of year. Instead, I believe that there have been important changes on the demand side of the gold market that now overpower or outweigh any remnants of seasonality.
For one thing, institutional investor participation has grown by leaps and bounds, as has retail demand for bullion coins and small bars.
Similarly, official-sector gold accumulation has become an extremely important non-seasonal factor effectively removing several hundred tons of gold from the market in each of the past two years.
I expect central bank demand not only to continue but possibly expand in 2012 with China and Russia leading the pack -- and a growing number of countries underweighted in gold relative to U.S. dollar-denominated reserves joining in this official-sector gold rush.
These buyers - private investors and governments alike - don't care what the weather is. Instead, their behavior is a reaction to macroeconomic and political developments in their own countries and around the world without regard to the time of year.
And, institutional traders and speculators - who lately account for much of the short-term volatility in the metal's price - are often governed by new and changing trading modalities and algorithms.
For example, the increased importance of "portfolio rebalancing" by index, commodity, and hedge funds has, for now, introduced a new element of seasonality, one that weighed heavily on gold in late December and early January when many of these funds were large-scale sellers of gold, mostly in futures and other derivative markets, but nevertheless with negative price consequences that are now past.
Shrinking Free Float
Continuing Chinese gold accumulation has important long-term significance that is not generally acknowledged by many gold analysts and market pundits. Simply put, China's private sector gold purchases are unlikely to be sold back to the world market any time soon, certainly not for many years to come and even at much higher prices.
Not only are gold exports from China illegal - but many, if not most, Chinese savers and investors buy gold with no intention of selling sometime in the future just because prices rise, inflation subsides, equity prices tumble, or any of the other drivers that might trigger sales by Western investors. For the Chinese, these are long-term, quasi-permanent holdings.
The same can be said of central bank gold purchases, not just by the People's Bank of China, but also by most of the central banks that have been building gold reserves in recent years.
As a result, the supply of available gold in the marketplace -- what I call "free float" -- is diminishing and any pickup in gold demand for jewelry, investment coins and bars, official reserve accumulation, etc. will have a more high-powered affect on the metal's price than might have been the case a few years ago.
More Money Will Fuel Gold's Ascent
Prospects of further monetary easing by the world's three top central banks - the U.S. Federal Reserve (the Fed), the European Central Bank (the ECB), and the People's Bank of China (the PBOC) - also know no season and are also becoming more supportive.
In each region, signs of slowing economic activity, unacceptable or worsening labor-market conditions, and continuing restrained consumer price inflation suggest that central banks will press harder on the monetary accelerator in the months ahead.
As in the past, quantitative easing or other steps to raise credit availability by the Fed, the ECB, and the PBOC could fuel surprisingly big moves in the price of gold in the months ahead.
Wild Cards
Finally, there are a number of "wild cards" that may affect gold prices - for better or worse - in the days and weeks ahead. At the top of my list:
- America's political log-jam and Washington's inability to reach a consensus on important federal debt and budget measures;
- Heightened tensions in the Middle East - with saber-rattling by Iran, oil-price uncertainties, approaching Egyptian elections, and the threat of civil war in Syria;
- Europe's continuing sovereign-debt crisis, further downgrades by the credit-rating agencies, the looming Greek default and departure from the euro-zone, possibly followed by other deeply indebted countries.
- And, perhaps most importantly, how the U.S. dollar reacts in world currency markets to any of these unfolding developments.
To arrange an interview with Jeffrey Nichols or Rosland Capital's CEO Marin Aleksov, please contact Carrie Simons at Triple 7 Public Relations (615.254.9389 | carrie@triple7pr.com).
About Rosland Capital
Rosland Capital LLC is a leading precious metal asset firm based in Santa Monica, California that buys, sells, and trades all the popular forms of gold, silver, platinum, palladium and other precious metals. Founded in 2008, Rosland Capital strives to educate the public on the benefits of investing in gold bullion, numismatic gold coins, silver, platinum, palladium, and other precious metals. For more information please visit www.roslandcapital.com.
About Jeffrey Nichols
Jeffrey Nichols, Senior Economic Advisor to Rosland Capital and Managing Director of American Precious Metals Advisors, has been a leading precious metals economist for over 25 years. His clients have included central banks, mining companies, national mints, investment funds, trading firms, jewelry manufacturers and others with an interest in precious metals markets.
Jeffrey Nichols - Senior Economic Advisor For Rosland Capital - Explains How Accelerating Global Inflation Spells Higher Gold Prices Ahead
Published 5/10/2011
NEW YORK (May 10, 2011) — Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity:
Accelerating global inflation is, to be sure, a monetary phenomenon, the result of unprecedented monetary creation by America's central bank, the Federal Reserve, and most central banks around the world. Simply put, we have had too much money chasing too few goods and services.
Jeffrey Nichols - Senior Economic Advisor For Rosland Capital - Predicts Gold Will Hit Historic Peak Of $1,923 By Early 2012
NEW YORK (November 15, 2011) - Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity:
In recent days and weeks, in the face of Europe's seemingly intractable economic troubles - the continent's worst crisis since World War II, according to German Chancellor Angela Merkel - gold has had difficulty moving higher.
Jeff Nichols: Changing Demand Makes $2,000+ Gold Likely
Published 6/1/2010
By Olivier Ludwig
Hard Assets Investor
Emerging markets have transformed the demand-side equation for dozens of commodities, from oil to lean pork, but nowhere has the change been followed quite so closely as in the gold market. China and India have had a taste for gold jewelry for decades, but evolving income distributions and a tumbling U.S. dollar have turned gold into an attractive financial investment for the first time for millions of new buyers.
Uncle Sam sitting on a goldmine
The government holds the world's largest gold reserve, but even with gold prices at a record high, the Treasury is unlikely to sell.
Published 11/12/2009 | Read more: David Goldman, CNNMoney.com staff writer
The Treasury Department has 261.5 million ounces of gold in its reserves, representing about a third of the gold stockpiles held by governments around the world. With gold selling at about $1,100 an ounce, that means Uncle Sam is sitting on $288 billion worth of the shiny stuff.
Treasury's gold sits in vaults across the country. It holds about 25,000 bars in a vault five floors down, 80 feet below street level, in the New York Federal Reserve in Manhattan. The majority of the nation's gold reserves still reside in Ft. Knox in Kentucky.
Hedge Funds and Institutional Investors Go for the Gold
By Janice Fioravante
July/August 2010
A blip. This is how the rah-rah gold cognoscenti describe the latest dive in gold prices. Currently, an ounce of gold is trading in the $1,185.40 range, down from its high of $1,257.20 at the New York Mercantile Exchange on June 18. But the consensus among some money managers is that the price blip is short-term and the price of gold may rise as high as $1,500 in the coming months.
Jeffrey Nichols - Senior Economic Advisor for Rosland Capital - Talks Gold Prices and Economic Turmoil
Published 08/08/2011
NEW YORK (August 08, 2011) - Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity:
Gold reached a new all-time high of $1,720.30 an ounce this today (Monday) and, at the time of writing, was trading around $1,715, a gain of $51 or three percent for the day.
Rosland clients may recall late last year we predicted gold would hit $1,700 an ounce by late 2011.
“Silver is Set to Shine,” says Rosland Capital’s Senior Economic Advisor Jeffrey Nichols
Published 8/25/2010
NEW YORK (August 25, 2010) – Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity and the week ahead:
Rosland Capital's Senior Economic Advisor Jeffrey Nichols Predicts 'The Next Up-Leg Begins' for Gold
Published 10/25/2010
NEW YORK (October 25, 2010) – Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity and the week ahead:
Rosland’s Nichols Interview About Gold Prices
Video
Bloomberg
May 13 (Bloomberg) -- Jeffrey Nichols, senior economic adviser to Rosland Capital, talks with Bloomberg’s Lori Rothman about the outlook for gold prices. Gold futures fell on sales by some investors following a two-day surge to a record amid turmoil in European debt markets. (Source: Bloomberg)
This video content is provided outside the Rosland Capital website. A new browser window will open.
Rosland Capital’s Senior Economic Advisor’s Latest Comments on the Gold Price Correction and Dubai Crisis
Published 11/30/2009 | Read more: money.cnn.com
NEW YORK – Jeffrey Nichols, Managing Director of American Precious Metals Advisors and Senior Economic Advisor to Rosland Capital, today made the following statement on Friday’s price correction of gold on news that Dubai is having trouble making payments for infrastructure construction and real estate developments:
Rosland Capital's Senior Economic Advisor Jeffery Nichols Speaks of 'AG-Flation' and Gold Investors Taking Note
Published 9/07/2010
NEW YORK (September 7, 2010) – Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity and the week ahead:
Rosland Capital's Senior Economic Advisor Jeffrey Nichols Discusses U.S. Elections, Economic-policy Prospects and the Price of Gold
Published 10/12/2010
NEW YORK (October 12, 2010) – Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity and the week ahead:
Nichols Sees Gold Rising to Around $1,500 by End of 2010: Video
Jeffrey Nichols, an economic adviser at Rosland Capital, and George Gero, senior vice president at RBC Capital Markets, talk about the outlook for gold prices.
They talk with Pimm Fox on Bloomberg Television's "Taking Stock." (Source: Bloomberg)
Running time 04:22
Published 10/14/2010
CBS Sunday Morning News - A look at gold investment featuring interviews with Rosland Capital CEO Marin Aleksov, Jeffrey Nichols and Gordon Liddy
Published 3/06/2011
From: CBS Sunday Morning
Since ancient times people have been bedazzled by the glitter of gold. And our own time is no exception. Here's Rebecca Jarvis:
With revolutions abroad, and hard times at home, where should you put your money these days?
Gold Investors Have Much To Be Thankful For, Says Jeffrey Nichols, Senior Economic Advisor For Rosland Capital
NEW YORK (November 16, 2011) - Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity:
Even allowing for gold's recent price decline from its all-time high near $1,924 an ounce in early September, gold investors have much to be thankful for: After all, the metal's price is still up some 25 percent from the levels prevailing at the beginning of the year
Rosland Capital's Senior Economic Advisor Jeffrey Nichols Calls China “A Stirring Giant in the World Gold Market”
Published 8/10/2010
NEW YORK (August 10, 2010) – Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity and the week ahead:
Nothing Like a Healthy Correction for Gold Says Rosland Capital's Senior Economic Advisor Jeffrey Nichols
Published 11/15/2010
NEW YORK (November 15, 2010) – Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity and the week ahead:
Rosland Capital's Senior Economic Advisor Jeffrey Nichols Had Predicted Sharp Rise in Gold and Silver
Published 9/16/2010
NEW YORK (September 16, 2010) – Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity and the week ahead:
Gold Hits All Time High Against Dollar Driven By Fear, Volatility and Bullish Fundamentals
Published 5/11/2010
NEW YORK (May 11, 2010) – Gold surpassed its prior record level of $1,227.50 today, with the price rising to more than $1,233 per ounce during Tuesday trading.
Jeffrey Nichols, Chief Economic Advisor for Rosland Capital (www.roslandcapital.com), noted that “today’s record gold price indicates a growing number of investors are fearful about the inflationary consequences of current economic policies.” Nichols, who has long predicted record prices by mid-year, expects gold to reach $1,500 by year end with still higher prices in the years ahead.
Summer Doldrums – Golden Opportunity
Published 6/28/2010
NEW YORK (June 28, 2010) – Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity and the week ahead:
Summer is typically a slow time for gold -- a time of reduced price volatility and seasonally soft prices. There are some good reasons to believe that the summer of 2010 may be the exception rather than the rule.
‘A Wall of Worry’ on the Street
Published 5/11/2010
By Christine Hauser
New York Times
The lingering uncertainty about the world economy on Tuesday led gold prices to surge to record levels and left major indexes on Wall Street searching for direction.
The nearly $1 trillion debt rescue package for troubled European countries announced over the weekend touched off a sharp rally on Monday. But just a day after the euphoria, the markets were unable to sustain the momentum.
Reasons for Central Banks Buying More Gold Explained by Jeffrey Nichols - Senior Economic Advisor For Rosland Capital
Published 5/04/2011
NEW YORK (May 4, 2011) — Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity as of May 4, 2011:
Central banks collectively have taken a much more positive view of gold in recent years. Increasingly, many investors — both retail and institutional — are looking at these official-sector gold purchases and concluding they, too, should be diversifying their savings and investments with some physical gold.
Gold Unlikely to Fall Below $1000 - Jeff Nichols: CommodityOnline
Published 1/25/2010 | Read more: CommodityOnline.com
Gold gained over 24% in 2009 recording a high of $1226 in December which led analysts to predict the yellow metal to zoom to $1500 and beyond in 2010. But dollar strength and tight liquidity conditions due to monetary policies announced in China and banking restrictions on risk taking by US President Obama have cast shadows in the commodities sector.
However, Jeffrey Nichols, Senior Economic Advisor, Rosland Capital LLC still believes gold will climb to $1500 this year although the market would be quite volatile, he told Sreekumar Raghavan of Commodity Online.
Spring 2011 Rosland Capital Newsletter Featuring Introductory Remarks by Company President and CEO Marin Aleksov and Commentary from Senior Economic Advisor Jeffrey Nichols
Published 3/08/2011
From Marin Aleksov, President and CEO of Rosland Capital:
In the few months since I last wrote the letter to our Rosland Capital family of friends, clients and employees, the price of gold has continued to be a topic of conversation for financial and news outlets, including this past Sunday when Rosland Capital and the appeal of gold was highlighted on CBS Sunday Morning News.
Euro Jitters Affect Short Term Value of Gold; But Asian Demand Provides Long Term Upside and Short Term Support
Published 4/1/2010
NEW YORK (April 1, 2010) – Jeffrey Nichols, Senior Economic Advisor to Rosland Capital, had the following commentary based on today’s market activity and the week ahead.
Gold managed to end last week over the psychologically important $1,100 level, after briefly falling to an intraday low of $1,085 an ounce last Wednesday. This recovery reflects an apparent resolution of the Greek sovereign debt crisis, bringing with it a stronger European currency, a weaker U.S. dollar and a bounce in the dollar-denominated price of gold.
'Gold Is Coming Alive Again...And May Reach A Historic Peak By The End Of 2011' Says Jeffrey Nichols - Senior Economic Advisor For Rosland Capital
NEW YORK (October 26, 2011) - Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity:
Gold is coming to life again - and looks poised to move higher in the weeks and months ahead. Having fallen precipitously from its all-time high just over $1,923 an ounce in early September to a recent low near $1,540 in early October, a peak-to-trough correction of some 20 percent,
Rally Stalls on Worry About Europe, But Gold Soars to $1,400 an Ounce
New York Times (November 8, 2010) –
By CHRISTINE HAUSER; Landon Thomas Jr. contributed reporting.
Jeffrey Nichols quoted in article. NY Times
“I’m Perennially Bullish” says Rosland Capital’s Senior Economic Advisor Jeffrey Nichols
Published 8/2/2010
NEW YORK (August 2, 2010) – Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity and the week ahead:
Jeffrey Nichols - Senior Economic Advisor For Rosland Capital - Tackles the 'Bubble' and Explains the Underpinnings of a Long-run Bull Market for Gold and Silver
Published 5/26/2011
NEW YORK (May 26, 2011) — Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity:
Just a few weeks ago, gold and silver prices were soaring, almost beyond belief.LA Times -- Rosland Capital CEO Marin Aleksov Interviewed About Gold Surging Toward New Record Amid Economic Worries
Published 08/03/2011
LA Times (August 3, 2011) - Rosland Capital CEO Marin Aleksov Interviewed About Gold Surging Toward New Record Amid Economic Worries
Full Story (External Link): Click Here
ABC News -- Strong Demand for Gold Drove Prices for the Precious Metal to Record Highs
Published 07/19/2011
ABC News (July 19, 2011) - Strong demand for gold drove prices for the precious metal to record highs today, even as stocks sank and Washington remained mired in debate over what to do about the nation's debt ceiling
Full Story (External Link): Click Here
Morgan Stanley Sees Gold Target Record on Sovereign Debt Risks
Published 5/6/2010
By Glenys Sim
BusinessWeek / Bloomberg
May 6 (Bloomberg) -- Gold may target its previous record as concern that financial turmoil will spread from Greece across Europe prompts investors to seek refuge in the metal, according to Morgan Stanley.
“While contagion fears persist, gold should remain well supported and we expect gold to test its December 2009 high above $1,200 an ounce,” analysts including New York-based Hussein Allidina wrote in a note to clients yesterday.
Jeffrey Nichols - Senior Economic Advisor For Rosland Capital - Talks Gold Prices Amidst Economic Turmoil
Published 08/18/2011
NEW YORK (Aug 18, 2011) - Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity:
In case you hadn't noticed, gold prices have been surging to new all-time highs. At one point today (August 18) the yellow metal touched a record $1,830 an ounce.
“Opportunity Knocks” says Rosland Capital’s Senior Economic Advisor Jeffrey Nichols
Published 7/6/2010
NEW YORK (July 6, 2010) – Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity and the week ahead:
Jeffrey Nichols - Senior Economic Advisor For Rosland Capital - Examines the Scaling of Gold to New Heights
Published 4/21/2011
NEW YORK (April 21, 2011) — Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity:
Gold began the new millennium under $300 an ounce … and under a cloud of pessimism among even many of its most ardent advocates. Today, some 11 years later, gold is setting new record highs above $1500 an ounce — and, by my reckoning, the yellow metal has far to go before reaching its next cyclical peak.

1oz American Gold Eagle
1oz American Silver Eagle
1oz Gold Philharmonic
1oz Gold Maple Leaf
1oz Silver Maple Leaf
1oz Gold Krugerrand
90% US Silver Coins