Resources

22 Resources for

gold & precious metals and mark o'byrne

  • Subscribe to this listing via:
  • RSS
  • Email

BNET Resources

Gold Surges on Inauguration Day; Concerns Regarding Derivatives, ETFs
Mark O'Byrne submits: Yesterday was an historic day for the world with the inauguration of the 44th President of the United States of America. Gold rallied by more than 2% despite continuing dollar strength and oil's collapsing 7% to just over $34 per barrel...
Tags: Gold & Precious Metals, Mark O'Byrne, Streettracks Gold Trust, IShares Silver Trust
External links 2009-01-21
Will Gold Reach $1000 in Three Months?
Mark O'Byrne submits: With stock and bond markets under renewed pressure, gold remains very well bid and is up some 0.6% in early trading in Europe. Goldman Sachs have increased their forecast for gold from the previously very low $700/oz to over $1,000/oz in the next...
Tags: Gold & Precious Metals, Mark O'Byrne, Streettracks Gold Trust
External links 2009-02-06
Fears on Gold: Declining Supply, Increasing Demand
Mark O'Byrne submits: Gold remains firm as there is increasing nervousness about the global economy and indeed nervousness about the global monetary system, leading to continuing strong investment demand. Gold remains at or near record highs in nearly all major currencies ($914.00, £622.11, €713.06) and looks set...
Tags: Gold & Precious Metals, Mark O'Byrne, Streettracks Gold Trust
External links 2009-02-08
Is The Financial Times's Lex Right to Favor Platinum Over Gold?
Mark O'Byrne submits: Profit taking saw gold fall Monday but continuing very robust demand for physical bullion and gold ETFs for safe haven purposes means that this is likely another period of consolidation. There is a dawning realization that we are in the early stages of...
Tags: Gold & Precious Metals, Mark O'Byrne, Streettracks Gold Trust, IShares Silver Trust
External links 2009-02-10
Chinese Are Diversifying into Gold Over U.S. Concerns
Mark O'Byrne submits: Gold surged Tuesday (up 2.4% and silver was up 2.3%) as stock markets fell sharply with investors increasingly frustrated and nervous with the lack of details about the US government’s latest $2,000 billion bank bailout plan. There is resistance at $930/oz and further...
Tags: Gold & Precious Metals, Mark O'Byrne, Streettracks Gold Trust
External links 2009-02-12
Will Gold Reach $5000 an Ounce?
Mark O'Byrne submits: Gold surged a further 3.3% yesterday to $942.45 as did silver as worries about the US and global financial system and economy continue to grow and governments print money on an unprecedented scale to combat the economic crisis. Asian and European stock markets are...
Tags: Gold & Precious Metals, Mark O'Byrne, Streettracks Gold Trust
External links 2009-02-12
Dow/Gold Ratio of 1:1 or 2:1 in Coming Years?
Mark O'Byrne submits: Gold has given up some of last’s weeks very large gains and is down 0.6% after Asian and early European trading. With gold up some 13% so far in 2009, some correction and consolidation may be necessary prior to overcoming resistance at $1,000/oz. ...
Tags: US Market, Gold & Precious Metals, Mark O'Byrne, Streettracks Gold Trust
External links 2009-02-23
Gold Production in South Africa Plummets 13.6% to Levels Last Seen in 1922
Mark O'Byrne submits: Gold fell yesterday on profit taking and ended the day down 2.3% at $969.25/oz (silver fell by 3.1% to $13.98/oz). A short term correction was expected and warned of and this correction was necessary after gold becoming overbought in the short term. Gold...
Tags: Gold & Precious Metals, Mark O'Byrne, Streettracks Gold Trust
External links 2009-02-25
Why Gold at $1,200/Ounce Is Likely
Mark O'Byrne submits: Gold’s correction continues and it has fallen for four days in a row now, but the long term fundamentals remain very sound. Bargain hunters are likely to reemerge at these levels which should be supportive. by Mark O'Byrne
Tags: Gold & Precious Metals, Mark O'Byrne, Streettracks Gold Trust
External links 2009-02-28
Financial Market Fears Should Continue to Support Gold
Mark O'Byrne submits: Asian stock markets followed their US counterparts in falling overnight and after an initial rally in Europe, indices are again under pressure (especially the FTSE which is down another 1.8%). Gold has fallen as well but not by as much as most equity...
Tags: Gold & Precious Metals, Mark O'Byrne, Streettracks Gold Trust, IShares Silver Trust
External links 2009-03-03
Gold: An Investment Market Update
Mark O'Byrne submits: Gold fell for the eighth straight session Wednesday to have the longest losing streak since June 2006 silver broke its losing streak. Gold is clearly oversold in the short term and due a bounce. The question is whether the bounce will lead to another...
Tags: Gold & Precious Metals, Mark O'Byrne, Streettracks Gold Trust, IShares Silver Trust
External links 2009-03-05
Gold: Ignore Short-Term Movements
Mark O'Byrne submits: After the bounce in recent days, gold sold off again Monday and was down 2.77% (silver -3.2%). After the falls seen in the last two weeks a period of consolidation will be needed and gold may fall further prior to rising strongly above the...
Tags: Gold & Precious Metals, Mark O'Byrne, Streettracks Gold Trust, IShares Silver Trust
External links 2009-03-11
Severe Dollar Depreciation Likely in the Coming Months
Mark O'Byrne submits: Gold fell in US trading hours Wednesday for no apparent reason; but on the Fed announcement, gold surged by nearly 7% in afterhours access trade. Gold leapt from its session low of $884.10/oz to a high of $946.20/oz, a jump of nearly 7 per...
Tags: US Market, Gold & Precious Metals, Mark O'Byrne, Streettracks Gold Trust
External links 2009-03-20
Gold Continues to Outperform Other Assets
Mark O'Byrne submits: Last week was a historic week, with the Federal Reserve opting for the “nuclear option” of money creation on a trillion dollar scale. Gold and silver rose 2.7% and 4.5% respectively. The gains would have been much more but for an unusual...
Tags: Gold & Precious Metals, Mark O'Byrne, Streettracks Gold Trust
External links 2009-03-23
Gold's Performance Lackluster; G20 Should Provide a Boost
Mark O'Byrne submits: Gold and silver succumbed to profit taking (gold down 3.2% and silver down 2.5%) last week as risk appetite returned to markets with the tentative recovery in equity markets continuing. Gold’s performance was lackluster, despite increasingly bullish news with regard to growing...
Tags: Gold & Precious Metals, Mark O'Byrne, Streettracks Gold Trust, IShares Silver Trust
External links 2009-03-30
Gold Remains Undervalued vs. the Dollar
Mark O'Byrne submits: Gold and silver prices rose last week (gold was up 3.1% and silver rose sharply by 11.6%) as the US dollar fell sharply and broke down technically and US bonds continue to sell off aggressively. Stock markets remained sanguine as ever and...
Tags: Gold & Precious Metals, Mark O'Byrne, Streettracks Gold Trust, IShares Silver Trust
External links 2009-05-11
Silver Looks to Challenge Resistance
Mark O'Byrne submits: Gold and silver took a breather from their gains of last week and consolidated yesterday with marginal losses for both metals. The dollar recovered somewhat from its sharp falls of last week as did long term US interest rates (10-Year: 3.180% -0.113) but US...
Tags: Gold & Precious Metals, Mark O'Byrne, Streettracks Gold Trust, IShares Silver Trust
External links 2009-05-12
Gold's Increasing 'Save Haven' Appeal
Mark O'Byrne submits: Gold and silver were essentially flat yesterday and consolidated on recent gains despite a slight dollar recovery and marked weakness in equity markets. Gold has fallen somewhat in Asian and early European trading but still looks good from a technical perspective. A close...
Tags: Gold & Precious Metals, Mark O'Byrne, Streettracks Gold Trust, IShares Silver Trust
External links 2009-05-14
Gold Investments Market Update: Take 'Green Shoots' with a Pinch of Salt
Mark O'Byrne submits: Further consolidation was seen yesterday, with gold and silver rising marginally again and both look set to have a second strong week of gains. While the staggering pace of economic decline has certainly abated, individual economies and the global economy continues to...
Tags: Gold & Precious Metals, Mark O'Byrne, Streettracks Gold Trust
External links 2009-05-15
Gold Trades Higher as European Recession Worries Deepen
Mark O'Byrne submits: Global markets perceive that economic green-shoots may be growing on stony ground as the rally in the Dow ran out of steam last week. Inflation figures published in the US suggested that core inflation may be higher than previously expected, contributed to the down...
Tags: Gold & Precious Metals, Mark O'Byrne, Streettracks Gold Trust, IShares Silver Trust
External links 2009-05-18
advertisement
advertisement