News Regulators 

Gold ends slightly higher, marks first weekly rise in a month

“Seasonally, January is generally a good month to own precious metals, particularly gold,” he said” writes Markets Commodities Reporter for marketwatch.com. Prices got a boost after the Federal Reserve announced its decision this week to raise interest rates, as expected, and didn’t change its forecast for inflation and interest rates in 2018.Gold ended with a modest climb Friday, logging a gain for the week following three-straight weeks of declines.”The outlook for gold is good. February gold GCG8, +0.06% rose 40 cents to settle at $1,257.50 an ounce. Source: marketwatch.com Share This:

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Crypto News Stocks 

Weekend roundup: Bitcoin, bitcoin and more bitcoin | Extreme market calls | A happy inheritance dilemma

“Rather than speculating on bitcoin, it might be safer to invest in stocks of companies that benefit from cryptocurrency trading” writes Investing Columnist for marketwatch.com. Here are the risks and opportunities from this new ability to go long or short bitcoin.Despite recent declines, it’s been a good year for gold GC1, -0.01% which has risen 9% through Dec. 14.Analysts share their thoughts about how seven bitcoin rivals may perform in 2018. Source: marketwatch.com Share This:

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Markets News 

Gold, languishing at a five-month low, still isn’t ripe for buying

“Consider the average recommended gold market exposure among a group of short-term gold market timers that I monitor (as measured by the Hulbert Gold Newsletter Sentiment Index, or HGNSI)” writes Mark Hulbert for marketwatch.com. This is the same conclusion I reached six weeks ago, by the way, the last time I devoted a column to gold market sentiment.If recent market action isn’t enough to do the trick, one can only imagine what will.And they will be even more likely to turn bullish when the gold timing community remains aggressively bearish…

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Gold News Reviews 

Gold Daily Review December 14, 2017

Gold Daily Review for December 14, 2017 Technical Overview for Euro, Yen, EUR & GBP Cross-rates, Gold and More Several FX-pairs are trading at key junctures and should soon provide good directional cues; precious metals look headed for more selling.   Technical Overview for Euro, Yen, EUR & GBP Cross-rates, Gold & More Several FX-pairs are trading at key junctures and should soon provide good directional cues; precious metals look headed for more selling.   Gold Prices Eyeing SNB, BOE and ECB After Fed-Inspired Rally Gold prices are eyeing monetary…

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Crypto News 

Economist Jim Rickards on gold versus bitcoin — intrinsic value is meaningless for both but the bitcoin prices aren’t real

“He believes gold can go to $10,000 an ounce but he is much more skeptical about bitcoin” reports businessinsider.com. Rickards doesn’t trust the bitcoin price action and doesn’t believe the cryptocurrency will fare well in a financial crisis. Source: businessinsider.com Share This:

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News 

Mystery donor again drops gold pesos into Salvation Army’s Red Kettle

“Last year, the anonymous donor left two gold coins in the Salvation Army kettle outside the Walmart at 2300 W. Atlantic Blvd. in Pompano Beach” writes Doug Phillips for sun-sentinel.com. One of the gold coins was discovered Wednesday and another one was found Nov. 27, The Salvation Army of Broward County announced.In 2015, five coins were dropped off at two different Red Kettle locations in Pompano Beach.For the fourth consecutive year, the so-called “Coin Crusader” has dropped two gold 1947 Mexican 50-peso coins into a Salvation Army Red Kettle outside…

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Gold News Reviews 

Gold Daily Review December 13, 2017

Gold Daily Review for December 13, 2017 Goldman’s Green Inspiration? The Marketplace For Goldman Sachs, environmental sustainability is driving new business opportunities. On Monday evening, the firm’s over $1 trillion asset management business launched an ETF that will track an index of companies possessing ” just business behavior” as determined by Paul Tudor Jones’ Just Capital.   Technical Analysis for Gold & Silver, Copper, Oil, DAX, and More Today, we looked at the technical picture for precious metals, copper, US & UK oil, and global equity indices.   Technical Analysis…

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Crypto Futures News 

Bitcoin Futures Isn’t Taking Gold’s Shine Away: Goldman Sachs

“As a result, according to the analysts at Goldman Sachs, the digital currency is unlikely to attract investors away from the yellow metal” writes unknown author for cryptocoinsnews.com. However, unlike gold, which is valued $8.3 trillion, bitcoin pales in comparison with a market value worth $282.8 billion.The bitcoin community has recently seen the launch of the Cboe Global Markets futures contract, allowing investors to bet on the price of the digital currency.Yet, despite many seeing the futures contract as a way of pushing bitcoin further into the mainstream, Goldman Sachs…

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