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Latest Jeffrey Nichols Stories

2010-12-08 09:13:00

NEW YORK, Dec. 8, 2010 /PRNewswire/ -- Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity and the week ahead: As of December 7, 2010, after a month-long correction -- what technicians call "base building" -- gold is on the move again, heading to $1500 an ounce, if not by year end then very likely during the early months of 2011. Whatever the timing of this milestone, gold investors will be...

2010-11-16 09:10:00

NEW YORK, Nov. 16, 2010 /PRNewswire/ -- Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity and the week ahead: On November 9, 2010, as gold was registering new all-time highs near $1,425 an ounce, we warned the metal was "certainly vulnerable to a setback, and a substantial one at that." In part, we thought that the influx of speculative buying that contributed to the upward spike over $1,400...

2010-11-09 17:05:00

NEW YORK, Nov. 9, 2010 /PRNewswire/ -- Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity and the week ahead: Having registered new all-time highs over and over again in the past few weeks, gold is certainly vulnerable to a price setback, and a substantial one at that. The influx of speculative buying that has contributed to the upward price spike will inevitably lead to profit taking and...

2010-11-03 15:05:00

NEW YORK, Nov. 3, 2010 /PRNewswire/ -- Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity and the week ahead: Gold thrives on political and economic uncertainty . . . and we've got plenty of that following the Republican victories this week and the Fed's Wednesday afternoon announcement that it is embarking on another large dose of monetary stimulus. We reiterate our long-term forecast that...

2010-10-25 13:58:00

NEW YORK, Oct. 25 /PRNewswire/ -- Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity and the week ahead: From its mid-October all-time high pennies over US$1,387 to its recent low just under $1,315 last Friday, gold suffered a loss of just about 10 percent. However, looking closely at the price action and short-term supply/demand flows of recent weeks reveals the metal's inherent strength --...

2010-10-21 10:05:00

NEW YORK, Oct. 21 /PRNewswire/ -- Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity and the week ahead: Having reached an all-time high of US$1,387.35 an ounce on October 14th, some run-of-the-mill profit taking by short-term traders and institutional speculators on world futures markets triggered last week's swift downward correction in the yellow metal's price. Then, this Monday's surprise...

2010-10-13 09:15:00

NEW YORK, Oct. 13 /PRNewswire/ -- Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity and the week ahead: America's Congress is up for grabs in three weeks time -- and world financial markets have a serious case of the jitters. No one knows for sure what the make-up of the U.S. House of Representatives and the U.S. Senate will be next year but it's hard to imagine we won't be faced with more...

2010-10-05 10:31:00

NEW YORK, Oct. 5 /PRNewswire/ -- Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity and the week ahead: The United States, the Eurozone, the United Kingdom, Japan and other major economies may be heading into a period of competitive devaluations. Similarly, China and some of the other strong-currency countries are acting to slow revaluation of their own currencies to maintain a competitive edge...

2010-09-21 10:40:00

NEW YORK, Sept. 21 /PRNewswire/ -- Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity and the week ahead: With gold prices nearing the psychologically important $1300 an ounce -- a price that just a few weeks ago most gold-market pundits did not think possible this year -- we reiterate our long-held view that gold could touch $1500 by the end of December or, failing that, during the early months...

2010-09-16 13:22:00

NEW YORK, Sept. 16 /PRNewswire/ -- Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity and the week ahead: It should come as no surprise to regular readers of this Rosland Capital Gold Commentary that gold and silver are up sharply this week -- with gold scoring a new all-time high near $1275 an ounce while silver rose to nearly $20.50 an ounce, its highest level in several years. Proximate...