Junio, 2007

Gold sales – The reasoning behind Switzerland’s policy decision

para OroyFinanzas por cortesía de Julian D.W. Phillips Global Watch - The Gold Forecaster 29th June 2007. The classic question has to be asked again, what is the price of gold? If we answer $xxx, then we have to ask the next question, what is the price of a $?Is the $ so reliable a store of value that it can be used as a measure of gold? This questions the very foundation of the paper currency system. Can one trust the $ or even the international monetary system? It’s all a question of degree.

29 de Junio de 2007

MKS Gold&Silver, Daily Report

MKS Finance SA - Geneva sday, 28-June-2007 Gold firmed during the electronic trading and was bid throughout theTocom session on continued short covering. Prices tested once the downside,but that was short lived. The precious metal soon extended the overnighthigh in Europe, fixing at $645.70 on the first London fix.

28 de Junio de 2007

MKS Gold&Silver, Daily Report

MKS Finance SA - Geneva Wednesday, 27-June-2007 The market remained very thin overnight. Japanese were on the sellside on the opening of Tocom, but gold managed to hold above the $640support level and settled in this area.

27 de Junio de 2007

MKS Gold&Silver, Daily Report

MKS Finance SA - Geneva Tuesday, 26-June-2007 Gold was bounded by a two dollar range below $652 during the entireTocom session. London opened with profit taking, forcing gold down to$648.80 where emerged buying propelled the prices up to $650 levels.

26 de Junio de 2007

MKS Gold&Silver, Daily Report

MKS Finance SA - Geneva Friday, 22-June-2007Gold was little active in the Far East, hovering on both sides of$651.50. Selling around $652 capped the market while bids were seen below$651. In Europe the precious metal was weak in the beginning of the tradingsession, but then started to gain ground.

22 de Junio de 2007

MKS Gold&Silver, Daily Report

MKS Finance SA - Geneva Wednesday, 20-June-2007 After yesterday’s rally gold spent a calm Asian session, trading ina tight range. Prices came under selling pressure and dipped below the $660technical level.

20 de Junio de 2007

MKS Gold&Silver, Daily Report

MKS Finance SA - Geneva Tuesday, 19-June-2007 Gold was little active in the Far East due to Hong Kong Nationalholiday. Tocom opened at $657 and after the peak of $657.80 was reachedselling took the market lower. During the early European hours the metalwas rather solid with the dollar little changed against the euro and Brentacting as a support.

19 de Junio de 2007

MKS Gold&Silver, Daily Report

MKS Finance SA - Geneva Monday, 18-June-2007 Gold firmed after New York close Friday, but failed to break above$659 in Asia as offers around that level capped the upside. The metalremained firm the whole day, finding some support around the $656 level.

18 de Junio de 2007

MKS Gold&Silver, Daily Report

MKS Finance SA - Geneva Friday, 15-June-2007 Constant selling kept pressuring the yellow metal overnight, forcing pricesto settle slightly above $650. The downtrend continued during the earlyEuropean hours and gold fixed at $650.60 an ounce on the first London fix,15 cents lower than the previous AM one.

15 de Junio de 2007

MKS Gold&Silver, Daily Report

MKS Finance SA - Geneva Thursday, 14-June-2007 Gold firmed after NY close Wednesday, but failed to break above $652as offers around that level capped the upside. Spending a very calm Asiansession, the yellow metal closed slightly above the $650 key level.

14 de Junio de 2007