Gold Coin News & Trends

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3-19-10 -- Metals flat ahead of ObamaCare "vote" -- Listen
Friday gold prices dipped 1.6% as a stronger dollar boosted stock and commodity volatility. Gold last traded down $18.00 to $1,107.90/oz., silver fell $.43 to $16.96/oz. For the week gold ended slightly higher while silver closed slightly lower. Gold is holding tight at $1,100/oz. level for now, silver at $17/oz. level, in the face of a firmer dollar based more on foreign currency weakness that on fundamentals. If ObamaCare is pushed through this weekend, Americans should expect higher health care costs as well as higher commodity prices... MARCH News & Views...

REAL MONEY PERSPECTIVES 2010 ~ 28th Anniversary Issue

Dollar Crisis: THE Story of 2009-2010
As faith in Obamanomics flickers, the U.S. dollar burns ~ BY DAVID BRADSHAW ~ Editor, Real Money Perspectives ~ The dollar is making new economic headlines daily as the world rushes to find a new reserve currency with a trustworthy store of value. Here are 2 dozen news summaries just from the past two weeks! Together they explain what's behind the world's plan to ditch the dollar ASAP... more...

Dollar's Day of Reckoning Looms
The dollar hit a four month low in May 2009 as recent gains in U.S. stocks prompted some investors to flee the buck. "The world's biggest currency-trading firms say the dollar's appeal as a haven all but evaporated." The buck has now lost 97% of its buying power since 1915! Here's what to do to fight back... more...

GOLD'S FUTURE BRIGHT!
Why over 75 experts see $2,200/oz. average gold price ahead ... Do you trust YOUR financial experts advice? Have they grown your hard-earned money during the last year, five years, decade? If so, you are to be congratulated! If not, perhaps you should be listening to different experts. For example, some experts say the gold rush is now over...more...

CASH FOR GOLD: Are You Kidding?
10.20.09 -- By Fred Goldstein, Sr. Broker SATC -- For the better part of a year Americans have been besieged with television, radio and print ads imploring us to sell our gold coins and jewelry for cash. Aside from helping a poor soul in need of immediate cash, the concept is flawed and needs to be exposed. The ads usually say... more...

What would you do?
9.18.09 -- Analysis of the last (and next) financial crisis -- By Craig R. Smith -- If you had been able to foresee the sub-prime mortgage crisis and what it would do to the economy, what would you have done differently? With Commercial Mortgage-Backed Securities coming due at the end of 2009, our tumultuous economy won't likely be calming down anytime soon... more...

Morally-Correct Money for the 21st Century
9.4.09 -- BY CRAIG R. SMITH & DAVID BRADSHAW -- Our original, morally-correct money system was wisely established by our Founding Fathers over 200 years ago. Millions of Americans are rediscovering that system today as credit, stock and housing market bubbles have popped in the new millennium. Through it all one asset class has shined the brightest this year and every year since 1999... more...

3-17-10 -- Treasuries one of two global bubbles -- Listen
Wednesday gold prices held near $1,120/oz. on a firmer dollar as wholesale inflation retreated .6% in Feb. Gold last traded down $5.70 to $1,120.20/oz., silver rose $.03 to $17.47/oz. "The euro is unlikely to still exist as a currency over the longer term, the pound will fall substantially in the next few years and US Treasurys and some real estate in China are the world's two current bubbles, legendary investor Jim Rogers told CNBC Wednesday...

3-16-10 -- Gold rises as fiat currencies fall -- Listen
Tuesday gold prices shot up over 1.5% on a weaker dollar as stocks firmed after the Fed renewed its pledge to keep rates low for a long time. Gold last traded up $17.10 to $1,125.90/oz., silver rose $.33 to $17.44/oz. "Currency devaluations are a very strong driving force behind gold prices. At €834 per ounce, euro gold has never traded higher. Once again we see gold appreciate as the currency devalues. We can expect further trouble with these fiat currencies which bodes well for gold," reports Mineweb...

3-15-10 -- Gold shines as US credit dulls -- Listen
Monday gold prices rose above $1,100/oz. despite a firmer dollar on credit warning, bargain hunting. Gold last traded up $7.30 to $1,108.80/oz., silver rose $.04 to $17.11/oz. "The U.S. and U.K. have moved 'substantially' closer to losing their AAA credit ratings." The average fiat currency lasts 39 years before collapsing. Interestingly, the U.S. abandoned the gold standard back in 1971, 39 years ago ...

3-12-10 -- Gold vs. "ugly" currency devaluation -- Listen
Friday gold prices held above $1,100/oz. on a weaker dollar as mixed economic data flattened markets. Gold last traded down $8.10 to $1,101.50/oz., silver fell $.09 to $17.07/oz. "Gold's rally to record highs in euro and sterling terms and the resilience of spot prices in the face of a rising dollar is sign-posting the metal's broadening insurance appeal. With the world's leading currencies in an 'ugly competition', gold is gaining traction," reports Reuters ...

3-11-10 -- Metals steady, sentiment rising -- Listen
Thursday gold prices held near $1,110/oz. on a weaker dollar amid political & economic angst. Gold last traded up $1.40 to $1,109.60/oz., silver rose $.13 to $17.16/oz. Earlier, gold was under slight pressure on fears of Chinese monetary tightening to combat rising inflation. Silver gained ground on bargain hunting amid positive sentiment for other metals with industrial uses, like copper and platinum. Fund managers are buying dips," reports Dow Jones...

3-10-10 -- Gold dip creates opportunity -- Listen
Wednesday gold prices retreated over 1% on a flat dollar amid growing economic uncertainty. Gold last traded down $15.20 to $1,107.00/oz., silver fell $.31 to $16.98/oz. After rushing above $1,200/oz. in Dec. 2009, gold prices corrected back to $1,060/oz. on Feb. 4th. Since then, the world's ultimate currency and store of value is looking upward again. Rising wholesale inflation data and elevated currency and debt worries support bullish sentiment ...

3-9-10 -- Gold steady as investors mull future -- Listen
Tuesday gold prices steadied below $1,125/oz. on a firmer dollar amid economic uncertainty. Gold last traded down $2.10 to $1,121.60/oz., silver rose $.01 to $17.26/oz. "The question investors have to ask themselves is whether it's more likely the powers that be will do the right thing, raise rates, drain liquidity and force the world into a deeper recession before inflation gets out of control OR will they continue to kick the can down the road making the problem bigger and bigger?" reports John Townsend at GoldIRAs...

3-8-10 -- Gold dips, $1,150/oz. next hurdle -- Listen
Monday gold prices fell near $1,125/oz. currency volatility and short-term profit taking. Gold last traded down $11.20 to $1,123.20/oz., silver fell $.13 to $17.24/oz. Is gold setting up for its next move to the upside?: "Expansionary monetary policies, exploding national debt and global currency devaluations, are creating a very favorable scenario for the price of gold. A key short-term sign will be a break above $1,150/oz.," reports Mineweb...

3-5-10 -- Metals again outpace stocks -- Listen
Friday gold prices held near $1,135/oz. on a flat dollar as upbeat jobs data lifted stocks. Gold last traded up $.80 to $1,133.30/oz., silver rose $.25 to $17.38/oz. For the week silver outperformed gold, rising 5.5%, gold prices rose 1.4%. 73% of traders expect bullion prices to rise again next week. "The growing issue of sovereign debt continues to draw investment demand into the market," said James Moore, at TheBullionDesk.com to Bloomberg...

3-4-10 -- You Can't Print More Gold -- Listen
Thursday gold prices retreated from 6-week highs on profit-taking and a firmer dollar. Gold last traded down $7.80 to $1,131.80/oz., silver fell $.08 to $17.11/oz. "Investors should buy some gold every month 'forever' or look to emerging market stocks rather than U.S. shares. Gold's quantity cannot increase at the same rate as you can print money, which will eventually weaken the US dollar," said Marc Faber, editor of The Gloom, Boom & Doom Report, to CNBC...

3-3-10 -- $1,500/oz. gold in 2010 -Expert -- Listen
Wednesday gold prices rose near $1,140/oz. on a weaker dollar amid currency instability. Gold last traded up $5.10 to $1,139.60/oz., silver rose $.26 to $17.19/oz. "The links between the dollar and gold are likely to continue to weaken in coming months as major currencies continue to decline. 'We will see $1500 gold at some point in 2010 - with lots of ups and downs. There is a very good chance we will see $2000 over the next several years," reports Mineweb...

3-2-10 -- Gold the safe harbor rises-- Listen
Tuesday gold prices shot over $1,130/oz. on a flat dollar as currency instability boosted demand. Gold last traded up $17.20 to $1,134.50/oz., silver rose $.45 to $16.90/oz. "Selling euros to buy dollars is sort of like exchanging your ticket on the Titanic for a ride on the Hindenburg. The only truly safe currencies are those that can act as a store of wealth. Investors should seek a safer harbor by owning commodities and precious metals," reports Forbes...

3-1-10 -- Gold: world's oldest safe haven -- Listen
Monday gold prices held steady despite a firmer dollar as euro/pound weakness boosted safe haven demand. Gold last traded down $.60 to $1,117.30/oz., silver fell $.05 to $16.44/oz. Gold is showing strength as major foreign currencies weaken further on debt worries. Meanwhile, President Obama kissed U.S. privacy goodbye, expanding the government's ability to monitor all Americans under the Patriot Act ...

2-26-10 -- Gold outshines Wall St. again -- Listen
Friday gold prices rose above $1,115/oz. on a weaker dollar as Greece aid hopes boosted the euro. Gold last traded up $11.30 to $1,117.90/oz., silver rose $.39 to $16.49/oz. Gold prices finished the month up 3.4%, outshining stocks again for the month and year, while silver prices rose 2%. In February precious metals successfully scaled a wall of economic worry and key technical resistance as metals look set to rise for a 10th consecutive year...

2-25-10 -- Gold bounces back over $1,100/oz. -- Listen
Thursday gold prices rose above $1,100/oz. on a flat dollar amid jobs & recovery doubts. Gold last traded up $9.70 to $1,106.90/oz., silver rose $.13 to $16.10/oz. Today both India and China have confirmed their interest in purchasing gold from the International Monetary Fund when they begin selling off their 191.3 tons of the precious metal later this year. So, is gold's price correction over? Find out ...

2-24-10 -- Gold dips on recovery worries -- Listen
Wednesday gold prices dipped below $1,100/oz. on recovery doubts and plunging new home sales. Gold last traded down $6.30 to $1,097.20/oz., silver rose $.12 to $15.97/oz. There's "Speculation that a sluggish economic recovery will curb the metal's appeal as an inflation hedge," reports SM Herald. "Buy farmland and gold," advises Dr. Faber. "Prepare for a 'dirty war." he told fund managers in Tokyo, " reports Timesonline ...

2-23-10 -- Markets fall with consumer confidence -- Listen
Tuesday gold prices held above $1,100/oz. on a firmer dollar as U.S. consumer confidence fell. Gold last traded down $9.80 to $1,102.80/oz., silver fell $.36 to $15.85/oz. Credit Suisse analyst David Sneddon says the price of gold is poised to move sharply higher to 1,227/oz. "Gold priced in the 16-nation currency reached a record 826 euros today on concern debt-laden economies will hamper recovery," Bloomberg reports...

2-22-10 -- Metals consolidate near 1-month high -- Listen
Monday gold prices eased back from 4-week highs on a firmer dollar as stocks traded flat. Gold last traded down $4.50 to $1,112.60/oz., silver fell $.10 to $16.19/oz. "Investors have poured money into gold as a hedge against currencies' volatility due to fears about debt defaults in the euro zone, while the metal's steady rebound since falling below $1,100 also ignited technical buying," reports Reuters ...

2-19-10 -- Gold breakout: 60-day correction technically over! -- Listen
Friday gold prices touched $1,125/oz. on a weaker dollar following a surprise Fed interest rate hike. Gold last traded up $9.60 to $1,117.70/oz., silver rose $.43 to $16.26/oz. This week precious metals successfully scaled a wall of economic worry and key technical resistance. Gold prices ended the week up 2.3% and silver rushed ahead 4.9%. This is very bullish especially in the face of a stronger dollar, a Fed rate hike and news of a 191 ton IMF gold sale...

2-18-10 -- Gold rises with inflation, ignores IMF sale -- Listen
Thursday gold prices rebounded following news of rising inflation, despite IMF gold sale and Fed rate hike news. Gold last traded up $1.30 to $1,108.10/oz., silver fell $.06 to $15.83/oz. U.S. wholesale prices rose 1.4% in January, the largest since November. Meanwhile, the Fed raises discount rate to 0.75% in effort to get banks to borrow from the private market. And the IMF announced their 191 ton gold sale to the open market ...

2-17-10 -- Gold holds above $1,100/oz. -- Listen
Wednesday gold prices held above $1,100/oz. on a stronger dollar as Wall St. cheered upbeat news. Gold last traded down $11.00 to $1,106.80/oz., silver fell $.22 to $15.89/oz. To Wall Street's surprise, gold has become the best investment of the 21st century. Sitting worry-free in home safes or bank vaults or adorning beautiful women, precious metals outperformed every asset. Amazing! ...

2-16-10 -- Investors Go For Gold! -- Listen
Gold prices shot up near $1,120/oz. as a sliding dollar spurred commodity and equity buying. Gold last traded up $18.30 to $1,117.80/oz., silver rose $.59 to $16.11/oz. "This is the end of the correction. The surprises in gold will be mostly to the upside," said Peter Grandich, chief commentator on Agoracom.com to TheStreet. "People are afraid of paper currencies and inflation,' said Michael Kempinski, a precious metals trader to WSJ...

* Swiss America will be closed Monday, February 15th for President's Day
"I have never had a feeling politically that did not spring from the sentiments embodied in the Declaration of Independence."
-ABRAHAM LINCOLN: Feb. 22, 1861 - Independence Hall
"Paper money has had the effect in your state that it will ever have, to ruin commerce, oppress the honest, and open the door to every species of fraud and injustice." -GEORGE WASHINGTON: Jan. 9, 1787 letter to J. Bowen, Rhode Island

2-12-10 -- Metals outshine Wall St. again -- Listen
Gold prices rose over 2% this week despite a firmer dollar as global debt worries slowed stock bulls. Gold last traded down $.90 to $1,091.70/oz., silver fell $.13 to $15.48/oz. "Gold is on the verge of major technical breakout," says Swiss America Sr. Broker Jim Carrillo. "If gold closes over $1100/oz. next week then short, mid and long-term trends would all signal BUY." ...

2-11-10 -- Metals rise on currency volatility -- Listen
Thursday gold prices rose over 2% as a hedge against currency market volatility, stocks rally despite debt worries. Gold last traded up $23.20 to $1,093.90/oz., silver rose $.46 to $15.62/oz. "The Greek case signals that we are in a new phase of the global financial crisis where the forefront issue becomes fiscal sustainability rather than exiting the recession," said OECD officials Thursday to Globe&Mail ...

2-10-10 -- Metals steady on debt fears -- Listen
Wednesday gold prices held near $1,070/oz. on a firmer dollar amid Fedspeak, debt & deficit worries. Gold last traded down $7.30 to $1,070.30/oz., silver fell $.29 to $15.16/oz. "China has ordered managers of its vast currency reserves to withdraw from risky dollar assets and retreat to core debt guaranteed by the US government, a clear sign that Beijing is battening down the hatches for fresh trouble on global markets," reports Telegraph ...

2-9-10 -- Gold bounces up on weaker buck -- Listen
Tuesday gold prices shot above $1,075/oz. on a weaker dollar as Greek bailout efforts boosted the euro. Gold last traded up $16.20 to $1,077.60/oz., silver rose $.47 to $15.45/oz. "The dollar is approaching being overbought over the past 60 trading days, while the gold is showing signs of being oversold. The dollar's rally appears to be a short-term safe haven move, rather than a response to improving U.S. economic conditions," reports Mineweb ...

2-8-10 -- Gold's bigger picture -- Listen
Monday gold prices stabilized above $1,060/oz. on a firmer dollar, DJIA back below 10k. Gold last traded down $3.60 to $1,061.40/oz., silver fell $.17 to $14.98/oz. Precious metals prices have fallen back over the last 60 days as both stocks and commodities retreated. "Buying near market lows helps investors maximize long-term growth," said Swiss America Chairman Craig R. Smith ...

2-5-10 -- Markets steady after volatile week -- Listen
Friday gold prices stabilized near $1,065/oz. despite a firmer dollar, Dow rebounds to 10k. Gold last traded up $1.90 to $1,065.10/oz., silver fell $.09 to $15.17/oz. Precious metals gave back their early February gains this week as both stocks and commodities fell on downbeat jobs data and global debt worries. Gold steadied on Friday as bargain hunters decided to buy the dip ...

2-4-10 -- Fear grips Wall St, $1,400 gold ahead! -- Listen
Thursday gold prices fell near $1,065/oz. as the dollar hit a 7-month high on jobs fears. Gold last traded down $46.10 to $1,063.20/oz., silver fell $1.11 to $15.26/oz. "Following each of the last six major corrections since 2003 gold prices have risen an average of 36%. That means we could see gold prices rise above $1,400/oz. before the next major correction, if this pattern continues," said Swiss America Chairman Craig R. Smith...

2-3-10 -- Gold fundamentals solid -- Listen
Wednesday gold prices paused after recent gains on a firmer dollar amid downbeat jobs data. Gold last traded down $4.90 to $1,108.50/oz., silver fell $.35 to $16.35/oz. "The World Gold Council said suggestions of a gold ‘bubble’ do not take account of gold’s market fundamentals. 'The current trading range should not be regarded as an overnight spike, but the result of favorable and robust gold fundamentals," reports Telegraph ...

2-2-10 -- Metals rise with debt & taxes -- Listen
Tuesday gold prices rose above 1,110/oz. on a weaker dollar as debt and deficit worries grew. Gold last traded up $8.50 to $1,114.10/oz., silver rose $.01 to $16.68/oz. Obama's plan to cut $1 trillion from the deficit over the next decade relies heavily on so-called backdoor tax increases that will result in a bigger tax bill for the middle-class. Investors will pay more on their earnings with tax on dividends jump to 39.6% from 15%," reports Reuters ...

1-29-10 -- Investors jittery in January -- Listen
Friday gold prices held at $1,080/oz. on a firmer dollar as stocks fell despite upbeat GDP. Gold last traded down $5.40 to $1,080.00/oz., silver fell $.07 to $16.16/oz. Year-to date gold prices eased back 1.5% while silver slipped 4.4%. Meanwhile, the Dow fell 3.5% for the worst month in nearly a year, disappointing investors who adhere to the adage "As January goes, so goes the year." Precious metals remain a fundamental buy and hold, with their decade-long bull market soundly intact ...

1-28-10 -- Fill Obama's "deficit of trust" with gold -- Listen
Thursday gold prices steadied near $1,085/oz. on a firmer dollar as investors mulled U.S. "deficit of trust". Gold last traded down $1.70 to $1,085.50/oz., silver fell $.39 to $16.20/oz. Bernanke Wins Second Term, ending a bruising political battle. Meanwhile the Dow is poised to have its worst monthly decline since the end of the bear market and... President Obama says we face "a deficit of trust" ...

1-27-10 -- Gold transcends the politics of debt -- Listen
Wednesday gold prices fell below $1,100/oz. on a firmer dollar, do-nothing Fed precedes Obamaspeak. Gold last traded down $10.20 to $1,086.60/oz., silver fell $.22 to $16.55/oz. "Gold is not in a bubble but undervalued. As long as the US monetary and fiscal policies remain debt-based fueling future inflation, gold's bull market run has only just begun. Money is no longer money. We remain convinced that gold will soon trade at $1,300 an ounce and in the long run push beyond over $2,000 an ounce," reports SafeHaven.com ...

1-26-10 -- Uncertainty and confidence up -- Listen
Tuesday gold prices consolidated near $1,100/oz. despite a firmer dollar amid mixed economic signals. Gold last traded up $.90 to $1,098.00/oz., silver fell $.39 to $16.73/oz. Consumer confidence rose for the 3rd month. Meanwhile, President Obama will propose a spending freeze for some federal departments, on concerns about growing deficits unsustainability. "News that the Senate has scheduled a hearing on President Obama's bank proposal for next week rattled the market," said CNBC ...

1-25-10 -- Bargain buying lifts gold near $1,100 -- Listen
Monday gold prices bounced back near $1,100/oz. on bargain hunting and a weaker dollar. Gold last traded up $5.60 to $1,097.10/oz., silver rose $.16 to $17.13/oz. "Gold remains in fundamental uptrend due to negative outlook of debt and government deficits," said Martin Murenbeeld at DundeeWealth. Sentiment is cautious ahead of COMEX option expirations and the Fed's interest rate decision on Wednesday," reports Reuters ...

1-22-10 -- Gold's bucking bull market -- Listen
Friday gold prices steadied below $1,100/oz. on a weaker dollar amid global credit-tightening fears. Gold last traded down $.30 to $1,092.80/oz., silver fell $.31 to $17.06/oz. Both gold and silver prices are about where they began the year, having fallen nearly 4% this week. Savvy investors who bought precious metals on the dips have been richly rewarded. Welcome to gold's "bucking bull market" of 2010. Hold on tight partner ...

1-21-10 -- Obama warns, markets slide -- Listen
Thursday gold prices slid below $1,100/oz. as dollar strength and bank worries pushed stocks lower. Gold last traded down $16.50 to $1,094.80/oz., silver fell $.48 to $17.39/oz. Stocks fell sharply after President Obama spoke about his planned crackdown on Wall Street's risk taking, saying he wanted to prevent a return to the 'old practices' that led to the financial meltdown," reports CNBC ...

1-20-10 -- Dollar rallies, markets fall -- Listen
Wednesday gold prices fell over 2% as dollar strength pushed stocks & commodities lower. Gold last traded down $26.40 to $1,111.20/oz., silver fell $.86 to $17.90/oz. "Despite bullion's losses, underlying strength seen in the metal considering the magnitude of dollar's rise. A pullback is needed in the metal for new buying to emerge. The latest decline is seen as minor downtrend in bull market," said George Nickas at FC Stone reports Reuters ...

1-19-10 -- Metals rise on bargain hunting -- Listen
Tuesday gold prices rose above $1,135/oz. on bargain hunting despite dollar strength amid economic uncertainty. Gold last traded up $4.90 to $1,137.60/oz., silver rose $.12 to $18.76/oz. "The U.S. dollar was rose against the euro as European debt and weak German confidence pressured the currency. Gold should trade in opposition to the U.S. dollar, but the precious metals found support from bargain hunters," reports TheStreet ...

1-15-10 -- Markets fall with investor mood -- Listen
Friday gold prices dipped near $1,130/oz. on dollar strength amid growing economic recovery worries. as we see continuing weakness in the U.S. dollar driving the yellow metal to new all-time highs, probably in the first quarter of this year," reports Marketwatch...

1-14-10 -- Investors shun dollar, buy gold -- Listen
Thursday gold prices rose above $1,140/oz. on growing expectations of a weaker dollar in 2010. Gold last traded up $4.90 to $1,142.00/oz., silver rose $.02 to $18.66/oz. "The U.S. must soon raise taxes or cut government spending to curb its debt, and failure to act will risk a crippling dollar crisis as investor confidence ebbs. The national debt has risen above 50% of GDP (gross domestic product) from 40% two years ago," reports Reuters ...

1-13-10 -- Dollar decline boosts markets -- Listen
Wednesday gold prices zig-zagged above $1,135/oz. on a weaker dollar with further erosion expected ahead. Gold last traded up $9.80 to $1,137.60/oz., silver rose $.38 to $18.63/oz. "Gold rose for the third time in four sessions on speculation that the Fed will hold U.S. lending rates low for an extended period, eroding the value of the dollar. The greenback dropped as much as 0.5% percent against a basket of six major currencies," reports Bloomberg ...

1-12-10 -- China drives gold volatility -- Listen
Tuesday gold prices fell near $1,125/oz. on technical selling after China's monetary policy change surprised traders. Gold last traded down $23.90 to $1,126.80/oz., silver fell $.31 to $18.24/oz. "News of China's tightening monetary policy triggered heavy technical gold selling. China's banks' reserve requirements hike dampens bullion investor sentiment," reports Reuters ...

1-11-10 -- Gold prices set to rise 30% -- Listen
Monday gold prices rose above $1,150/oz. on a weaker dollar as Wall St. rallied despite rising oil. Gold last traded up $13.10 to $1,150.80/oz., silver rose $.08 to $18.56/oz. "In 2010 Gold prices are set to rise 30% in a volatile market, according to Ross Norman of BullionDesk.com. Norman said that spot gold prices will average $1236 with possibility of prices touching $1425. Silver prices will average $19.55 with a high of $21.50," reports CommOnline ...

1-8-10 -- Bulls cheer the new year -- Listen
Friday gold prices rose above $1,135/oz. on a weaker dollar after disappointing jobs data. Gold last traded up $7.60 to $1,137.70/oz., silver rose $.23 to $18.48/oz. Precious metals rose nearly 3% during the first week of trading in 2010 as investors and funds positioned themselves for economic uncertainty and the strong possibility of rising inflation and a weaker dollar. Meanwhile, "President Nicolas Sarkozy urged an end to the US dollar's global dominance," reports AFP ...

1-7-10 -- Commodity Super-Cycle rocks on -- Listen
Thursday gold prices eased from 3-week highs on a firmer dollar. Gold last traded down $8.00 to $1,130.10/oz., silver rose $.04 to $18.25/oz. Commodity Super Cycle Ready to Rumble in 2010: "Traders are plowing billions into commodities and precious metals, betting on the debasement of all paper currencies. The "Commodity Super Cycle" is kicking into high gear, with G-20 central bankers fueling asset bubbles," reports SafeHaven ...

1-6-10 -- Metals rise to 3-week high -- Listen
Wednesday gold prices rose to a 3-week high on rising demand and a weaker dollar. Gold last traded up $19.80 to $1,137.00/oz., silver rose $.41 to $18.17/oz. "The gold price will hit $1,500 an ounce or higher during 2010," says precious metals analyst Jeff Nichols. "An ongoing bull market will push prices to a cyclical high of $2,000, $3,000 or more in the next few years as the U.S. is heading for years of stagflation," reports Mineweb ...

1-5-10 -- Gold relaxes after leaping into 2010 -- Listen
Tuesday gold prices pared recent gains on a firmer dollar as stocks closed mixed. Gold last traded down $3.70 to $1,117.20/oz., silver rose $.18 to $17.76/oz. The last decade is now often referred to as 'the lost decade' for both Wall St. stocks as well as Main St. jobs. No wonder individuals, institutions and governments are turning to gold once again as the only trustworthy foundation to build a brighter financial future upon ...

1-4-10 -- Falling dollar boosts all markets -- Listen
Monday gold prices shot up to $1,120/oz. as a weaker dollar prompted buying of stocks and commodities. Gold last traded up $24.50 to $1,120.90/oz., silver rose $.70 to $17.57/oz. "Gold ended 2009 with the biggest absolute annual gain in three decades," reports Reuters. "An appetite for risk has returned. Analysts cited a willingness of funds to put investment money back to work at the start of a New Year," reports Dow Jones ...

New Years 2010 -- Not to worry: You do own gold, right?

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ABOUT THE EDITOR
David M. Bradshaw is Editor of Real Money Perspectives, a daily financial/market news digest. In 2001, he published REDISCOVERING GOLD IN THE 21ST CENTURY and has been an economic commentator since 1987, as producer/co-host of "World Economic Perspectives" radio show. In 2007, he released a new DVD, "Rare Opportunity" a 25-minute summary of 25 years of experience. Find out more about THE BIG PICTURE at MIF...Personal note: I have 3 grown daughters, 11 grandkids plus youngest daughter Braida Zoe (age 5) who loves to sing, read, hike, swim, bike, trampoline and collect rocks and coins.

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DISCLAIMER: All of the provided information is believed to be accurate, however errors are possible. The opinions in the Commentary section do not necessarily reflect the opinions of Swiss America. Past performance of any investment is no guarantee of future performance. All investments have risk.