Let's look at some of the articles on the web today. There is certainly no shortage of them. I'm going to share some of the best articles I found today in the post below.
Let's see what some other writers are writing about the question of whether to buy gold or sell gold (or neither) right now and other topics related to gold prices.
If there is a credible rumor that the Fed is planning to further extend its “Quantitative Easing”, how would you expect the monetary metals to react? Typically, the gold price would rise and the silver price would rise even more. The question is why.
Traders read the headlines and they know how the price “should” react to such news, and they begin buying. For a while, the prophecy fulfills itself. But then what happens next? It may take an hour or a month, but sooner or later some of the new buyers begin to sell. What can be bought on speculation using leverage must eventually be sold.
Gold price: the real reasons to be nervous about further falls - Frik Elswww.mining.com2/22/13
Gold price: Forget the death cross, here are the real reasons to be nervous You're calling me a gold bear? After an unnerving $45 fall on Wednesday, gold is trying to build support around $1,570 an ounce. At these levels gold is down more than $330 from the all-time high above $1,900 an ounce set in August 2011.
The yellow metal is also getting dangerously close to straying into bear territory – officially defined as a 20% pullback. Wednesday afternoon gold briefly touched $1,555 – that's an 18.5% retreat from the record high.
Here is a roundup of some of the reasons why gold's "long up cycle from 2001 to the present is very likely hitting an inflection point".
Silver and Gold Prices: Can the Gold Price Close Over $1,605? - Franklin Sanders
Gold Price Close Today : 1586.20. Change : 13.80 or 0.88% Silver Price Close Today : 28.987. Change : 0.527 or 1.85%
The GOLD PRICE made progress today in climbing above the lower channel line that has held it in since last November. This is positive, but not dispositive. Gold's first task is to climb over $1,605. From there I expect it to march very quickly toward $1,640. If it doesn't, then the falling hasn't ended.
Current gold prices may constitute a buying opportunity - Dubai Chronicle
Current gold prices may constitute a buying opportunityDubai ChronicleWe do not share this view; in contrast, we do think that these current prices constitute a buying opportunity, as the key drivers and issues are far from being resolved. We are sti ...
Gold's price cycle likely to have turned: analysts - Taipei Times
Proactive Investors AustraliaGold's price cycle likely to have turned: analystsTaipei TimesGold's price cycle has probably turned as the recovery in the US economy gathers momentum and investment holdings collapse, according to Goldman Sachs Group In ...
Today's Gold price per ounce Spot gold per gram price Trend; Spot silver
Business InsiderToday's Gold price per ounce Spot gold per gram price Trend; Spot silver ...Learning and FinanceGold contract price closed up to 1,586.60 per troy ounce. Silver contract price finished the session higher at 28.99 per troy ounce. Safe ...
Lear Capital: Gold Price at Tipping Point - International Business Times
International Business TimesLear Capital: Gold Price at Tipping PointInternational Business TimesIf each citizen in India and China, accumulated just an additional quarter ounce of gold in this next year, that would increase demand by $1 trillion at ...
The bottom line is that gold has fallen and may continue to fall. If you're thinking about selling your gold, now would be a great time, before the price falls anymore:
...gold is down more than $330 from the all-time high above $1,900 an ounce set in August 2011.
Why Gold Is Falling - By Paul Nathan
Here's how to reach them:
10218 Westheimer Road
Houston, TX 77042
19333 Hwy 59 N
Humble, TX 77338
I hope you learned something new and helpful from one or more of these articles. Please let us know by posting your comment. Comments are open