Live London Gold News Wire

5 to 10 minutes old www.usagold.com --LIVE NEWS--
Forex Flash: USD positively correlated with US jobs vs consensus - Westpac	18:29 FXstreet - Forex News
15 to 30 minutes old www.usagold.com --LIVE NEWS--
Did a Supply Shock Cause the Canadian Recession?	18:11 Wall Street Pit
Influx of immigrants can benefit economy	18:05 The San Diego Union-Tribune - Biotech
30 minutes to 1 hour old www.usagold.com --LIVE NEWS--
Sequester punctures the area economy’s government bubble	17:56 The Washington Post
Gold and sliver slide	17:50 UPI - Health Business
Forex Flash: Aussie rallying with a strong global growth? Not anymore – TDS	17:49 FXstreet - Forex News
Japan Stocks Rise as Yen Slides, Economy Exits Recession	17:45 Bloomberg - Regions
California Vineyard, Rolex and Gold Coins Featured in March 9th Auction	17:41 Yahoo! US - Business - Press Releases
Aussie Dollar Heads for Weekly Gain on Global Growth	17:39 Bloomberg - Markets - Currencies
Bailout Official at the Treasury to Leave Post	17:35 The New York Times: DealB%k (Weblog) - Technology
1 to 2 hours old www.usagold.com --LIVE NEWS--
Brown & Palumbo Announces Of Counsel Relationship with Carter Conboy	17:25 Business Wire (Press Release)
Modi manages to shift discourse to economic issues	17:24 The Economic Times
China’s South a Window on Economy and Reform	17:22 Voice of America - Economy
Road to 'Oz' box office is paved with gold for Disney	17:21 The News & Observer, North Carolina
Report: Climate change already affecting U.S. economy, people	17:17 Merced Sun-Star, California - Business
China’s South a Window on Economy, Reform	17:17 Voice of America - Economy
ECB keeps rates steady despite cut in forecasts	17:13 The Irish Times - Personal Finance
Women’s progress in labour market has stalled in the UK since the recession - PwC analysis	17:09 PWC News (News Release)
PLC Awards 2012 recognise the contribution of mid-market companies in driving the UK economy	17:09 PWC News (News Release)
TECHNOLOGY SPECTATOR: The internet's new rivers of gold	17:08 Business Spectator - Spectators
Dollar surges v pound	17:04 Sydney Morning Herald - Business
Good Economic News: Traffic Is Terrible	17:01 Business Week - BW Magazine
The Sequester's Hidden Risks for the U.S. Economy	17:01 Business Week - BW Magazine
For Chávez's Successor, Venezuela's Economy Looms Large	17:01 Business Week - BW Magazine
Look Past ‘Fading Four’ for Currency Gains, Samson Says	16:57 Bloomberg - Markets - Emerging Markets
Japan’s finmin Aso – no comment on yen declining to 95	16:56 ForexLive.com
Japan January Current Account Total -364.8b yen (vs. -611.5b yen expected)	16:56 ForexLive.com
Surging dollar notches records against pound, yen	16:56 The Age
Dollar hits 28-year high against pound	16:55 WA Today - Business - National
JANEWAY: A Healthy Economy Requires Lots Of Government Waste And Bubbles	16:49 San Francisco Chronicle - Business
Euro gains after ECB leaves rates unchanged	16:49 Channel NewsAsia - Business
Forex: EUR/JPY uptrend reinforced; 125.00 target eyed	16:48 FXstreet - Forex News
Forex: AUD/USD still capped below 1.0290	16:48 FXstreet - Forex News
Dollar Near 3 1/2-Year High Versus the Yen on U.S. Jobs, Japan Trade Data	16:45 Bloomberg - Regions
Fed Tests Show 17 of 18 Banks Weathering Severe Slump	16:43 Bloomberg - Industries
2 to 4 hours old www.usagold.com --LIVE NEWS--
Louisiana seafood industry's economic impact compared to other states	16:32 Times-Picayune, Louisiana - Business
Mother 2 Daughter Financial Summit Helps Girls Strive For Economic Success	16:29 The Street - Markets
ECB, playing down fresh crisis fears, keeps rates on hold	16:29 Middle East North Africa Financial Network
Bank of England keeps status quo amid recession threat	16:29 Middle East North Africa Financial Network
Forex: USD/JPY off fresh 3-year high below 95.00	16:28 FXstreet - Forex News
Economic Transformation Programme to attract local and foreign investors to M'sian property sector	16:28 The Star Online
Gold Prices Little Changed as U.S. Dollar Weakens (Update 1)	16:26 MercuryNews.com, California - Financial Markets
Euro Is Alive And Jumps Above $1.3100; More Risk Appetite Expected	16:26 SeekingAlpha - Macro View
China trade seen underlining economic rebound intact	16:18 Daily Press, Virginia - Business
Boca Raton airport says major economic impact if federal budget cuts force tower to close	16:17 Palm Beach Post, Florida
ETF Trader: Happy birthday, Mr. Bull Market	16:16 MarketWatch
ECB inaction wrong-foots some investors	16:14 FT.com - Brussels briefing
Bullish Dow Posts 5th Straight Day of Gains	16:11 The Motley Fool
Forex Flash: Eurozone contraction of 0.5% in 2013 expected - Standard Chartered	16:08 FXstreet - Forex News
European stocks rise after ECB holds rate	16:06 The Daily Star, Lebanon

Gold Maintains Consolidative Tone

by Peter A. Grant

Mar 07, AM
(from USAGOLD.com) --

Gold remains narrowly confined as the stock market continues to press higher. New nominal record highs in the DJIA are drawing and a quest for yield are drawing some investors out of their safe havens. Frequently this means exiting paper representations of precious metals — such as ETFs — to reenter the stock market.

Both the BoE and the ECB held steady on rates today, in line with expectations. While nobody was expecting any policy tightening, it is further proof that zero and near-zero interest rates are here to stay. ECB President Mario Draghi acknowledged that a rate cut was discussed, but that the vote to leave the refi rate at 0.75% was unanimous.

While the selling of paper gold persists, it is being met by corresponding physical buying. This has kept the low end of the range that has dominated for more than a year protected. With negative real interest rates seemingly in the cards for the foreseeable future, the long-term uptrend in the gold market is likely secure.

NEWSLETTER SIGN-UP

Opinions expressed in commentary on the USAGOLD.com website do not constitute an offer to buy or sell, or the solicitation of an offer to buy or sell any precious metals product, nor should they be viewed in any way as investment advice or advice to buy, sell or hold. USAGOLD, Inc. recommends the purchase of physical precious metals for asset preservation purposes, not speculation. Utilization of these opinions for speculative purposes is neither suggested nor advised. Commentary is strictly for educational purposes, and as such USAGOLD does not warrant or guarantee the accuracy, timeliness or completeness of the information found here.

Gold dealers index of gold coin images - popular investments

USAGOLD Bulletin Board

"There is much wisdom between the covers of this book."

Practical guidelines for adding gold to your portfolio from the founder of USAGOLD - forty years in the business.

Seven reasons
high-net worth gold
investors choose
USAGOLD

Video Roundtable Series:

German Gold Repatriation Fiscal Cliff and Debt Ceiling US Mint Shortages

Precious Metals Trading and Storage Program
Competition for the ETFs
with a delivery option

P.O. Box 460009
Denver, Colorado 80246-0009

1-800-869-5115 (US)
00-800-8720-8720 (EU)

303-399-6759 (Fax)

[email protected]

Office Hours

6:00am - 7:00pm
(U.S. Mountain Time)
Monday - Friday

American Numismatic Association
Member since 1975

Industry Council for Tangible Assets

zero complaints

Thursday March 7
website support: [email protected]
Site Map - Privacy - Disclaimer
The USAGOLD logo and stylized gold coin pile are trademarks of Michael J. Kosares.
© 1997-2012 Michael J. Kosares / USAGOLD All Rights Reserved

Daily Gold Market Report

Gold Maintains Consolidative Tone