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  In the Media

Latest 4

 


"The growing sense of concern over the stability of the financial system is starting to teeter on the edge of a panic," said Peter Spina, analyst at GoldForecaster.com & GoldSeek.com
 
"The destruction of confidence will translate into greater flow of capital into both gold and silver," Spina said. "Confidence in gold and silver's monetary integrity is backed up by many attributes including history itself."

 Click to read this gold article. Read this Interview...


 


"The gold market in the past has been seasonal, with the rule being 'sell in May and go away'," said Julian Phillips, an analyst at GoldForecaster.com.
 
The seasonal pattern usually meant that gold would see a lull in demand beginning in May and lasting until the middle to the end of August, with main demand appearing in the final quarter of the year and lasting until the end of May, he said.

 Click to read this gold article. Read this Interview...


 


Al Korelin talks with South African gold expert Julian Phillips of GoldForecaster.com , about the impact of demand from India and mainland China on the price of gold.
 
[audio interview: mp3 download]
 

 Listen to this interview. Listen to this Interview...


 


"Gold is benefiting from the growing concerns and realization that inflationary pressures are growing and permeating throughout the system," said Peter Spina, analyst at GoldForecaster.com & GoldSeek.com

 Click to read this gold article. Read this Interview...


Next 4


"People are sensing the instability, and the instability is causing people to want to buy hard assets," says Peter Spina, analyst at the GoldForecaster.com & GoldSeek.com, in Denver. "The primary reason is that lack of confidence in the financial system."

Spina says the increasing uncertainty throughout the world about the quality of paper assets is also making the euro unpopular, as well as the greenback. Instead, he says, investors are buying gold as a long-term store of value. 

 Click to read this gold article. Read this Interview...


 


"It almost feels like a bit of a panic out there, and justifiably so," said Peter Spina, analyst at GoldForecaster.com & GoldSeek.com. "Volatility is explosive and overall risks to the market remain to the upside, especially when taking a mid-to-longer-term view." 

 Click to read this gold article. Read this Interview...


 


Peter Spina, who runs GoldSeek.com and an analyst at GoldForecaster.com, a gold investor web site, said of the surge: "It's mostly institutional investors now, but we are seeing more enthusiasm and $1,500-$2,000 gold in the next 12 months is definitely possible."

 Click to read this gold article. Read this Interview...




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