http://www.nonstopgold.com Daily Gold News, Views and Analysis Wed, 10 Mar 2010 16:51:38 +0000 http://backend.userland.com/rss092 en Gold Scents The rally out of the February intermediate and yearly cycle low has now traveled far enough and long enough that it is due to take a short breather. That breather would be in the form of a short term pullback into the midcycle low. The initial move out of the ... http://www.nonstopgold.com/2010/03/crucial-test-approaching/ Tim Iacono Reuters reports on comments made by China's top foreign exchange manager at the annual gathering of the National People’s Congress in Beijing on the subject of gold purchases. Yi Gang, head of the State Administration of Foreign Exchange, said that while gold was "not a bad asset," it would never ... http://www.nonstopgold.com/2010/03/china-on-gold-stating-the-obvious/ I can virtually guarantee that what I’m about to suggest isn’t on anybody’s radar screen. But before I share my prediction, a little background analysis is in order. There have been seven previous bull markets that were born in the depths of vicious bear markets similar to what we just ... http://www.nonstopgold.com/2010/03/on-the-brink-of-an-asset-explosion/ Courtesy of JESSE’S CAFÉ AMÉRICAIN If another author had said this I might not pay it so much attention. Lately some have been given over to a tabloid approach to overstatement and sensational headlines to attract attention. This is a strong temptation as the blogosphere expands, similar to the development and evolution ... http://www.nonstopgold.com/2010/03/are-traders-demanding-us-credit-default-swaps-payable-in-gold/ Joe Weisenthal of Money Game Peter McGuire of CWA re-emphasizes the fundamental reason to be bullish on gold: all global currencies are getting printed more and more. While he acknowledges that in the meantime the US dollar is looking strong, it only has one way to go in the longterm. And ... http://www.nonstopgold.com/2010/03/europe-is-not-out-of-its-crisis-gold-is-heading-to-1300-this-year/ By Jeff Clark, Casey’s Gold & Resource Report In a recent conversation with a fellow gold analyst, he was emphatic that the price one pays for physical gold should be ignored. “What’s far more important,” he insisted, “is how many ounces I own in relation to the total value of ... http://www.nonstopgold.com/2010/03/what%e2%80%99s-more-important-price-per-ounce-or-ounces-owned/ When the tech bubble burst in 2000, Greenspan tried to “fix” the problem by cutting rates and printing money. Fix the problem he did … well sort of! What Greenspan did was create two new bubbles in the credit and real estate markets to replace the tech bubble ... http://www.nonstopgold.com/2010/03/a-storm-is-brewing/ Since March of 2001, the stock market has been and continues to be in a secular bear market. Beginning in March 2009, stocks have been in a cyclical bull market. This means our current stock market is in a relatively short term bull rally within a much longer ... http://www.nonstopgold.com/2010/03/cyclical-stock-bull-vs-secular-gold-bull/ The Mess That Greenspan Made It wasn't much, but yesterday's addition of 4.6 tonnes of gold to the "tonnes in the trust" at the world's most popular gold ETF - SPDR Gold Shares (NYSE:GLD) - was the largest one-day addition since the middle of December. As compared to last year at this ... http://www.nonstopgold.com/2010/03/a-few-more-tonnes-for-the-gld-trust/ The question now remains whether gold is stuck in a D-wave decline or whether the action since December has just been a very tricky midpoint consolidation before the C-wave finishes its run. I will say the recent strength despite a strong dollar is very encouraging. There are four important requirements that ... http://www.nonstopgold.com/2010/03/the-four-keys/