US NATIONAL DEBT

Loading...

Rosland Capital on Gold and Other Precious Metals

Rosland Capital Reports On Gold Demand Trends

March 31, 2014

I’ve been surprised by the recent decline in the price of gold.  I expected a stronger finish to the first quarter with gold somewhat higher – possibly even breaking out above the $1,400 an ounce level by the end of March – but this will now have to wait.  

Two recent developments shifted trader expectations and triggered the recent round of selling:  

Read more

Russia Drives the Gold Price – Briefly

March 5, 2014

Russian saber-rattling sent gold over $1,350 an ounce earlier this week, its highest price in four months.  But, contrary to many press reports, it was neither safe-haven demand nor physical buying that fueled gold’s short-lived price advance.

Read more

Easy Money – The Elixir of Gold

February 20, 2014

Jeffrey Nichols, Senior Economic Advisor to Rosland Capital, had the following comments on the current gold-market situation and outlook: 

So far, 2014 has been a year of recovery for gold.  Trading recently near $1,320 an ounce, the metal is already up some 10 percent from its 2013 year-end price of $1,201.50 in the London bullion market. 

Gold’s improvement was apparently quite a surprise to many of the most prominent analysts and investors who, forecasting the price through a rear-view mirror, expected prices to head further south.  With gold possibly on a sustainable upswing, they are now busy jacking up their gold-price targets.

Read more

Gold, Equity Valuations, and the Fed

January 24, 2014

Jeffrey Nichols, Senior Economic Advisor to Rosland Capital, had the following comments on the current gold market situation and outlook: 

Over the past few years, as the broad equity-market averages moved from one high to the next, institutional investors – seeking higher quarter-to-quarter returns – moved out of physical gold and into stocks – at least, that is, until very recently. 

Read more

Audacious Expectations

January 14, 2014

NEW YORK (January 14, 2014) – Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following comments on the current gold-market situation and outlook: 

It’s been a rough few years for gold investors – but despite the yellow metal’s fall from grace, I remain solidly bullish on gold’s long-term prospects.  In my book, the metal’s price will, more likely, reach $3,000 or even $5,000 an ounce in the years ahead than sink beneath $1,000 an ounce.

Read more

The Fed Spoils Christmas for Gold Investors

December 23, 2013

NEW YORK (December 23, 2013) – Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following comments on the current gold-market situation and outlook: 

The Fed’s latest change in monetary policy has been no gift for gold investors. 

Gold prices have been under pressure in recent days following last week’s announcement by Federal Reserve Board Chairman Ben Bernanke that the Fed would commence “tapering,” – that is, cutting back its monthly bond purchases by a relatively modest $10 billion in January – and continuing its withdrawal of monetary stimulus in subsequent months “in further measured steps” if the economic recovery stays on track.

Read more

The Volcker Rule – Good for Gold

December 12, 2013

NEW YORK (December 12, 2013) – Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following comments on the current gold-market situation and outlook: 

A number of bearish forces have contributed to the downward trend in gold price during the past couple of years.  One important, but not generally recognized, factor has been the large-scale proprietary trading activities of a handful of bullion-dealing banks in both futures markets and over-the-counter markets.

Read more

Gold: What’s Going On Here

November 26, 2013

NEW YORK (November 26, 2013) – Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following comments on the current gold-market situation and outlook:

With the Dow topping 16000 and the S&P500 index reaching 1800 – both psychologically important levels – gold continues to be an innocent victim of the frenzy on Wall Street.

Read more

A Note on China’s Gold

November 8, 2013

NEW YORK (November 6, 2013) – Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following comments on the current gold-market situation and outlook:

It won’t take a collapse of the dollar or some doomsday scenario to catapult the price of gold well above its September 2011 all-time high of $1,924 an ounce.

Read more

Gold - Driven by American Politics and Monetary Policy Expectations

October 25, 2013

NEW YORK (October 24, 2013) – Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following comments on the current gold-market situation and outlook:

With Washington’s latest budget and debt-ceiling crisis behind us, gold traders and investors are refocusing their attention on U.S. monetary prospect – with expectations of tapering later this year rising and falling with the flow of economic data and the apparent strength of economic recovery.

Read more