Market News Read about current trends in the precious metals market and how they may affect your investments.

'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,

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

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.

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.

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

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.

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.

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

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

GOLD: Treading Water in Turbulent Seas

NEW YORK (April 18, 2012) - Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following comments on gold's short-term prospects:

Gold has been somewhat of a disappointment to many analysts and investors who, as of a few months ago, were still anticipating higher prices again this year. But the year is not over, nor is gold's long-term secular bull market.

With eleven years of advancing prices already chalked up on the scoreboard, the long-term secular upswing has five-to-ten years of life still ahead - and maybe more. Along the way, expect continuing volatility, periods of consolidation, and occasional corrections sometimes so severe that some will prematurely and incorrectly call the game over.

We are now in one of those periods of consolidation when the market takes a breather and adjusts internally, preparing for the next major move. So far this year, the yellow metal has traded well beneath its all-time high of $1,924 an ounce recorded this past September 6 and well above its subsequent low near $1,520 in late December.

Instead of forging new ground, the price in recent months has been merely treading water, seemingly stuck in a trading range between $1,620 and $1,696, awaiting some external news or internal market development to push the price beyond these temporary technical barriers.

Although I believe the odds of an upside breakout are significantly greater than the probability of a breakdown, I caution that a fall back to $1,520 - or even lower - is certainly possible before gold resumes its long-term ascent.

While physical demand from the key Asian markets - China and India - and from the official sector (that is from central banks) may fuel gold's long-term secular advance, it is developments in the macroeconomic and world financial sphere that are most likely to influence gold in the days, weeks, and months immediately ahead.

U.S. economic news - and expectations of Federal Reserve monetary policy

Good news for the U.S. economy - news that diminishes expectations of further U.S. central bank monetary accommodation - hurts gold at least among institutional traders and speculators on Wall Street and at financial institutions around the world. This has been the group that has been most responsible for last September's swift correction and the subsequent ups and downs in the metal's price.

As I have written frequently in the past, these players betting in futures and other derivative markets collectively may have great sway - but ultimately it is the physical market - real world supply and demand - that determines the long-term price trend.

Perhaps the most important reason gold has not been able to move higher in recent months - despite relatively firm physical demand - has been signs of an early springtime for the U.S. economy, particularly the improving employment, output, and consumption statistics. As a result, talk of another round of quantitative easing (QE3) has diminished - and the short-term speculators trading paper gold have begun to lose interest.

Despite the political imperative to improve the economic statistics ahead of the November elections, I think the economic news is likely to be disappointing to those envisioning a rosy scenario. The positive signs of recovery result not from any fundamental improvement or return to health in the American economy but from faulty seasonal adjustments affected by the unusually mild winter and early spring across much of the United States as well as the unusual economic performance itself in the past several years that have overpowered seasonal influences.

It remains unfathomable to me just how the United States economy can sustain a healthy recovery accompanied by falling unemployment broadly defined and rising consumer spending in the face of election-year uncertainties, a depressed housing sector with foreclosures continuing apace, cutbacks in state and local government spending and more public-sector layoffs ahead, and a heavy burden of private and public-sector debt.

What America needs for long-term health is more saving by households and government - not more spending by consumers and a dysfunctional political system unable to control its addictive spending habits.

In the meanwhile, odds favor additional monetary accommodation, if not before the November elections, then soon thereafter and as financial markets take note of the still anemic economy and rising probability of Fed easing, gold will respond with a major move to the upside.

Europe's festering sovereign-risk crisis

The crisis still festering - and likely to worsen - in Europe is a long-term positive for gold although, as in the recent past, the short-term consequences could be quite opposite.

The European Central Bank (the ECB), along with other national banks, remains under great pressure to provide financial market liquidity and keep a lid on interest rates. This is not an easy task with institutional investors unwilling to accept more sovereign debt unless the perceived risks are offset by higher rates of return.

Unfortunately, higher interest rates push borrowing countries - like Spain, which has been much in the news lately - into untenable fiscal deficits and strengthen the case for default among their citizenry.

Default by one or another country on its sovereign debt would probably initiate a wave of defaults among the fiscally weaker European economies - and could trigger a "Lehman-like" moment as banks holding European debt suddenly find themselves insolvent and in need of government bailouts once again.

In any event, further monetary creation will debase the euro and most other European currencies - eventually producing higher rates of inflation, not just in Europe but globally, while encouraging central banks around the world to hold more gold in lieu of euro-denominated assets.

Unfortunately for gold investors, the euro-crisis may have just the opposite effect on gold prices in the short run as flight capital seeking a safe harbor in turbulent seas gives the greenback a false appearance of strength not only against the euro but against gold itself.

But, ultimately, as inflation accelerates and lenders - particularly emerging nation central banks and other institutional investors around the world - lose faith in the dollar as a store of value, gold will win out.

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.

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,

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.

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.

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.

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

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.

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.

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.

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.

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: More Attractive Than Ever

NEW YORK (March 23, 2012) - Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following comments on gold's short-term prospects and long-term predictions:

After registering an all-time high near $1,924 an ounce September 6, 2011, the gold price tumbled all the way back down to $1,523 on December 29, 2011. Since then, gold has made some feeble attempts to rally - at one point briefly approaching $1,800 an ounce - but it has not been able to hold onto any meaningful gains.

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 - 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.

Golden Juncture: Where The Short-Term And Long-Term Converge In Rising Prices

NEW YORK (February 21, 2012) - Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following comments on gold's short-term prospects:

With the Greek drama taking an intermission and the euro strengthening at the U.S. dollar's expense, it looks like gold wants to move higher - and has enough momentum to break through strong technical overhead resistance as we approach and possibly exceed $1,800 an ounce.

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

Opportunity Knocks: A Quick Note on Recent Gold-Price Action

NEW YORK (March 1, 2012) - Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following comments on gold's short-term prospects:

This week's dramatic gold-price action - with the metal falling some 5.8 percent from a Wednesday high of $1,790 an ounce (in European trading) to a low of $1,687 (in after-hours New York trading) - does nothing to dissuade us from our super-bullish long-term view of gold-price prospects.