Market News Read about current trends in the precious metals market and how they may affect your investments.

U.S. Unemployment Woes Lead to Trend of Gold Investment

Published 1/12/2010

NEW YORK (JAN. 12, 2010) – Gold has moved up sharply in recent weeks and therefore triggered more worldwide client interest in the yellow metal. Jeffrey Nichols, Senior Economic Advisor to Rosland Capital, today made the following comments on the outlook for the price of gold:

Rosland Capital’s Senior Economic Advisor Jeffrey Nichols Talks About Gold — On the Move Again

Published 12/07/2010

NEW YORK (December 07, 2010) – Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity and the week ahead:

Nichols Sees Gold Rising to Around $1,500 by End of 2010: Video

Jeffrey Nichols, an economic adviser at Rosland Capital, and George Gero, senior vice president at RBC Capital Markets, talk about the outlook for gold prices.

They talk with Pimm Fox on Bloomberg Television's "Taking Stock." (Source: Bloomberg)

Running time 04:22
Published 10/14/2010

Click Here to Watch Video

“Opportunity Knocks” says Rosland Capital’s Senior Economic Advisor Jeffrey Nichols

Published 7/6/2010

NEW YORK (July 6, 2010) – Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity and the week ahead:

Spring 2011 Rosland Capital Newsletter Featuring Introductory Remarks by Company President and CEO Marin Aleksov and Commentary from Senior Economic Advisor Jeffrey Nichols

Published 3/08/2011

From Marin Aleksov, President and CEO of Rosland Capital:

In the few months since I last wrote the letter to our Rosland Capital family of friends, clients and employees, the price of gold has continued to be a topic of conversation for financial and news outlets, including this past Sunday when Rosland Capital and the appeal of gold was highlighted on CBS Sunday Morning News.

Rosland Capital's Senior Economic Advisor Jeffrey Nichols Discusses U.S. Monetary Policy, Inflation and Gold

Published 9/28/2010

NEW YORK (September 28, 2010) – Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity and the week ahead:

Rosland Capital’s Senior Economic Advisor Jeffrey Nichols Talks 2011: Economic Trends Points to Another Banner Year for Gold

Published 1/04/2011

NEW YORK (January 4, 2010) – Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity and the week ahead:

“Silver is Set to Shine,” says Rosland Capital’s Senior Economic Advisor Jeffrey Nichols

Published 8/25/2010

NEW YORK (August 25, 2010) – Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity and the week ahead:

Rosland Capital's Senior Economic Advisor Jeffrey Nichols Predicts 'Gold is Set to Move'

Published 8/16/2010

NEW YORK (August 16, 2010) – Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity and the week ahead:

Morgan Stanley Sees Gold Target Record on Sovereign Debt Risks

Published 5/6/2010

By Glenys Sim
BusinessWeek / Bloomberg

May 6 (Bloomberg) -- Gold may target its previous record as concern that financial turmoil will spread from Greece across Europe prompts investors to seek refuge in the metal, according to Morgan Stanley.

“While contagion fears persist, gold should remain well supported and we expect gold to test its December 2009 high above $1,200 an ounce,” analysts including New York-based Hussein Allidina wrote in a note to clients yesterday.

Reality Check: Gold Expert Sees Inflation, Stagflation on Horizon

Published 1/19/2010

NEW YORK (JAN. 19, 2010) – Jeffrey Nichols, Senior Economic Advisor to Rosland Capital, had the following commentary based on today’s market activity and the week ahead. Key points:

• US Economy is Looking at Double Dip with Stagflation Topping
• Look for BRIC economies to Pave the Way
• Private Investment and Official Demand to Fuel the Bull’s Stampede
• Continued Volatility Will Characterize Gold’s Rise

Rosland’s Nichols Sees Gold Rising to $1,500 by Year End

Video (4:18)
By Matt Miller and Carol Massar
Bloomberg TV

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The Case for Physical Gold

Published 5/12/2010
Jeffrey Nichols
Senior Economic Advisor, Rosland Capital

Given how well gold has appreciated over the past several years, I am often asked “Is now a good time to own gold?” With the U.S. and global economies in uncertain waters for the foreseeable future, the answer is an unqualified “Yes!”

No one knows what is in store for the economy and for our personal savings and investments, least of all politicians and policymakers steering our economy through today’s turbulent seas.

Rosland Capital's Senior Economic Advisor Jeffrey Nichols Discusses U.S. Elections, Economic-policy Prospects and the Price of Gold

Published 10/12/2010

NEW YORK (October 12, 2010) – Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity and the week ahead:

Saudi Gold Purchases Revealed, Explains Rosland Capital’s Senior Economic Advisor Jeffrey Nichols

Published 6/22/2010

NEW YORK (June 22, 2010) – Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity and the week ahead:

“Double Dip” Scenario Results in Greater Inflation and Higher Gold Prices, Predicts Rosland Capital’s Senior Economic Advisor Jeffrey Nichols

Published 6/8/2010

NEW YORK (June 8, 2010) – Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity and the week ahead:

First Day of 2010 Trading Session Turns to Gold

Published 1/5/2010

NEW YORK (JAN. 5, 2010) – Gold opened 2010 with price growth. Jeffrey Nichols, Senior Economic Advisor to Rosland Capital, today made the following comments on the outlook for the price of gold based on new investor participation and other key fundamentals, including a continuing, weaker U.S. dollar.

Nichols is available to talk about the outlook for gold, silver and platinum-group metals, as well as their anticipated performance for 2010.

Reasons for Central Banks Buying More Gold Explained by Jeffrey Nichols - Senior Economic Advisor For Rosland Capital

Published 5/04/2011

NEW YORK (May 4, 2011) — Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity as of May 4, 2011:

Central banks collectively have taken a much more positive view of gold in recent years. Increasingly, many investors — both retail and institutional — are looking at these official-sector gold purchases and concluding they, too, should be diversifying their savings and investments with some physical gold.

“I’m Perennially Bullish” says Rosland Capital’s Senior Economic Advisor Jeffrey Nichols

Published 8/2/2010

NEW YORK (August 2, 2010) – Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity and the week ahead:

Jeffrey Nichols - Senior Economic Advisor For Rosland Capital - Tackles the 'Bubble' and Explains the Underpinnings of a Long-run Bull Market for Gold and Silver

Published 5/26/2011

NEW YORK (May 26, 2011) — Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity:

Jeffrey Nichols - Senior Economic Advisor For Rosland Capital - Explains the Seasonality of Gold

Published 3/22/2011

NEW YORK (March 22, 2011) — Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity:

Gold thrives on political and economic uncertainty. Time and again, the metal's price has been a measure of global anxiety.

Summer Doldrums – Golden Opportunity

Published 6/28/2010

NEW YORK (June 28, 2010) – Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity and the week ahead:

Summer is typically a slow time for gold -- a time of reduced price volatility and seasonally soft prices. There are some good reasons to believe that the summer of 2010 may be the exception rather than the rule.

L.A. Gold Dealers Prove Their Metal

Two local firms add staff to handle boom in sales.

by Alexa Hyland
Published 1/10/2011

From: Los Angeles Business Journal

Call it the gold rush of 2011.

Despite today's high unemployment, Goldline International Inc. is on a hiring spree: The precious metals dealer is set to add 75 account executives to its Santa Monica headquarters this week – upping its work force by at least 20 percent. As more people are buying gold, Goldline needs more people to sell it to them.

‘A Wall of Worry’ on the Street

Published 5/11/2010

By Christine Hauser
New York Times

The lingering uncertainty about the world economy on Tuesday led gold prices to surge to record levels and left major indexes on Wall Street searching for direction.

The nearly $1 trillion debt rescue package for troubled European countries announced over the weekend touched off a sharp rally on Monday. But just a day after the euphoria, the markets were unable to sustain the momentum.

Sinking dollar fuels new gold rush: Washington Times

Published 11/10/2009 | Read more: washingtontimes.com

Worries about the fast-falling dollar are sending gold prices to record highs.

Gold rose to $1,111.70 an ounce Monday as the dollar sank to a 15-month low against other major currencies in New York trading. The precious metal and the U.S. currency have had an inverse relationship since March.

Jeff Nichols: Changing Demand Makes $2,000+ Gold Likely

Published 6/1/2010

By Olivier Ludwig
Hard Assets Investor

Emerging markets have transformed the demand-side equation for dozens of commodities, from oil to lean pork, but nowhere has the change been followed quite so closely as in the gold market. China and India have had a taste for gold jewelry for decades, but evolving income distributions and a tumbling U.S. dollar have turned gold into an attractive financial investment for the first time for millions of new buyers.

Euro Jitters Affect Short Term Value of Gold; But Asian Demand Provides Long Term Upside and Short Term Support

Published 4/1/2010

NEW YORK (April 1, 2010) – Jeffrey Nichols, Senior Economic Advisor to Rosland Capital, had the following commentary based on today’s market activity and the week ahead.

Gold managed to end last week over the psychologically important $1,100 level, after briefly falling to an intraday low of $1,085 an ounce last Wednesday. This recovery reflects an apparent resolution of the Greek sovereign debt crisis, bringing with it a stronger European currency, a weaker U.S. dollar and a bounce in the dollar-denominated price of gold.

Gold Unlikely to Fall Below $1000 - Jeff Nichols: CommodityOnline

Published 1/25/2010 | Read more: CommodityOnline.com

Gold gained over 24% in 2009 recording a high of $1226 in December which led analysts to predict the yellow metal to zoom to $1500 and beyond in 2010. But dollar strength and tight liquidity conditions due to monetary policies announced in China and banking restrictions on risk taking by US President Obama have cast shadows in the commodities sector.

However, Jeffrey Nichols, Senior Economic Advisor, Rosland Capital LLC still believes gold will climb to $1500 this year although the market would be quite volatile, he told Sreekumar Raghavan of Commodity Online.

Rally Stalls on Worry About Europe, But Gold Soars to $1,400 an Ounce

New York Times (November 8, 2010) –
By CHRISTINE HAUSER; Landon Thomas Jr. contributed reporting.

Jeffrey Nichols quoted in article. NY Times

G. Gordon Liddy on Gold

Radio talk show host G. Gordon Liddy argues gold is still a buy.

Running time 07:18
Published 10/7/2010

Click Here to Watch Video

Golden Rule

L.A. metals brokers mine inflation fears

Published 2/1/2010 | Read more: Richard Clough - Los Angeles Business Journal Staff

Marin Aleksov, a tall, thick Swede with a heavy accent even after 17 years in the states, places a small stack of gold coins on the table.

“That there,” he says, casually, “is worth about $20,000.”

Jeffrey Nichols - Senior Economic Advisor For Rosland Capital - Explains How Accelerating Global Inflation Spells Higher Gold Prices Ahead

Published 5/10/2011

NEW YORK (May 10, 2011) — Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity:

Accelerating global inflation is, to be sure, a monetary phenomenon, the result of unprecedented monetary creation by America's central bank, the Federal Reserve, and most central banks around the world. Simply put, we have had too much money chasing too few goods and services.

After 30% Gain in Past Year, Where Next for Gold?

Published 4/5/2010

NEW YORK (April 5, 2010) – Jeffrey Nichols, Senior Economic Advisor to Rosland Capital, had the following commentary based on today’s market activity and the week ahead.

From its recent low under $1,090 an ounce, gold has recovered lost ground, trading above $1,120 in past days. And while gold prices have appreciated nearly 30 percent from a year ago, gold remains below its all-time high of $1,227 reached in early December. The question of "Where next?" may rest in the following factors:

Rosland Capital's Senior Economic Advisor Jeffery Nichols Speaks of 'AG-Flation' and Gold Investors Taking Note

Published 9/07/2010

NEW YORK (September 7, 2010) – Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity and the week ahead:

Hedge Funds and Institutional Investors Go for the Gold

By Janice Fioravante
July/August 2010

A blip. This is how the rah-rah gold cognoscenti describe the latest dive in gold prices. Currently, an ounce of gold is trading in the $1,185.40 range, down from its high of $1,257.20 at the New York Mercantile Exchange on June 18. But the consensus among some money managers is that the price blip is short-term and the price of gold may rise as high as $1,500 in the coming months.

Consolidation Continues Says Rosland Capital’s Senior Economic Advisor Jeffrey Nichols

Published 7/19/2010

NEW YORK (July 19, 2010) – Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity and the week ahead:

Rosland Capital's Senior Economic Advisor Jeffrey Nichols Predicts 'The Next Up-Leg Begins' for Gold

Published 10/25/2010

NEW YORK (October 25, 2010) – Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity and the week ahead:

Rosland Capital's Senior Economic Advisor Jeffrey Nichols Addresses American Politics Following Last Night's Mid-Term Elections, Monetary and Fiscal Policy Prospects and The Price of Gold

Published 11/04/2010

NEW YORK (November 3, 2010) – Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity and the week ahead:

Rosland Capital's Senior Economic Advisor Jeffrey Nichols Had Predicted Sharp Rise in Gold and Silver

Published 9/16/2010

NEW YORK (September 16, 2010) – 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 Hits All Time High Against Dollar Driven By Fear, Volatility and Bullish Fundamentals

Published 5/11/2010

NEW YORK (May 11, 2010) – Gold surpassed its prior record level of $1,227.50 today, with the price rising to more than $1,233 per ounce during Tuesday trading.

Jeffrey Nichols, Chief Economic Advisor for Rosland Capital (www.roslandcapital.com), noted that “today’s record gold price indicates a growing number of investors are fearful about the inflationary consequences of current economic policies.” Nichols, who has long predicted record prices by mid-year, expects gold to reach $1,500 by year end with still higher prices in the years ahead.

CBS Sunday Morning News - A look at gold investment featuring interviews with Rosland Capital CEO Marin Aleksov, Jeffrey Nichols and Gordon Liddy

Published 3/06/2011

From: CBS Sunday Morning

Since ancient times people have been bedazzled by the glitter of gold. And our own time is no exception. Here's Rebecca Jarvis:

With revolutions abroad, and hard times at home, where should you put your money these days?

Time is Running Out for the US Dollar

Published 3/24/2010

NEW YORK (March 22, 2010) – Jeffrey Nichols, Senior Economic Advisor to Rosland Capital, had the following commentary based on today’s market activity and the week ahead.

More Irrational Thinking
Gold’s latest breakdown below $1,100 an ounce seems like a big deal -- worrying gold bulls, vindicating gold bears, and giving market analysts and financial journalists something to write about. But, in reality, gold has been fairly stable in recent weeks, trading in a range between $1,090 and $1,040.

India shows bull market for gold intact: Forbes

Published 11/5/2009 | Read more: thaindian.com

Washington, Nov 5 (IANS) India’s purchase of 200 tonnes of gold for $6.7 billion from the International Monetary Fund (IMF) “shows central banks are getting on board with the idea that the bull market in gold still has legs,” according to Forbes magazine.

“India’s purchase provides positive reinforcement for gold investors that the bull market in gold is intact,” the leading US business magazine said, citing David Rosenberg, chief economist at Canadian wealth management firm Gluskin Sheff.

Rosland’s Nichols Interview About Gold Prices

Video
Bloomberg

May 13 (Bloomberg) -- Jeffrey Nichols, senior economic adviser to Rosland Capital, talks with Bloomberg’s Lori Rothman about the outlook for gold prices. Gold futures fell on sales by some investors following a two-day surge to a record amid turmoil in European debt markets. (Source: Bloomberg)

Watch Now.

This video content is provided outside the Rosland Capital website. A new browser window will open.

Uncle Sam sitting on a goldmine

The government holds the world's largest gold reserve, but even with gold prices at a record high, the Treasury is unlikely to sell.

Published 11/12/2009 | Read more: David Goldman, CNNMoney.com staff writer

The Treasury Department has 261.5 million ounces of gold in its reserves, representing about a third of the gold stockpiles held by governments around the world. With gold selling at about $1,100 an ounce, that means Uncle Sam is sitting on $288 billion worth of the shiny stuff.

Treasury's gold sits in vaults across the country. It holds about 25,000 bars in a vault five floors down, 80 feet below street level, in the New York Federal Reserve in Manhattan. The majority of the nation's gold reserves still reside in Ft. Knox in Kentucky.

True Inflation is 6% to 7%

Official Measures Game the Statistics

Paulson is Largest Holder of GLD

Published 4/21/2010

NEW YORK (APR. 21, 2010) – Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent developments:

Gold is "On Fire" says Rosland Capital's Senior Economic Advisor Jeffrey Nichols

Published 11/09/2010

NEW YORK (November 9, 2010) – Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity and the week ahead:

Jeffrey Nichols - Senior Economic Advisor For Rosland Capital - Examines the Scaling of Gold to New Heights

Published 4/21/2011

NEW YORK (April 21, 2011) — Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity:

Gold began the new millennium under $300 an ounce … and under a cloud of pessimism among even many of its most ardent advocates. Today, some 11 years later, gold is setting new record highs above $1500 an ounce — and, by my reckoning, the yellow metal has far to go before reaching its next cyclical peak.

Rosland Capital’s Senior Economic Advisor Jeffrey Nichols Talks About Gold and the Economy, Warning Don't be Fooled

Published 12/13/2010

NEW YORK (December 13, 2010) – Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity and the week ahead:

Rosland Capital’s Senior Economic Advisor’s Latest Comments on the Gold Price Correction and Dubai Crisis

Published 11/30/2009 | Read more: money.cnn.com

NEW YORK – Jeffrey Nichols, Managing Director of American Precious Metals Advisors and Senior Economic Advisor to Rosland Capital, today made the following statement on Friday’s price correction of gold on news that Dubai is having trouble making payments for infrastructure construction and real estate developments:

Nothing Like a Healthy Correction for Gold Says Rosland Capital's Senior Economic Advisor Jeffrey Nichols

Published 11/15/2010

NEW YORK (November 15, 2010) – Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity and the week ahead:

Dollar Loses Value Against Emerging Economy Currencies; Inflation Indicators Accumulate

Published 4/27/2010

NEW YORK (APR. 27, 2010) – Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity and the week ahead.

Euro Still Slipping on Greece

This past week the Greek sovereign debt crisis has called the tune for gold. Each bit of news that Greece was either closer to default or closer to resolution of its sovereign debt issues caused daily swings in the gold price.

Rosland Capital's Senior Economic Advisor Jeffrey Nichols Calls China “A Stirring Giant in the World Gold Market”

Published 8/10/2010

NEW YORK (August 10, 2010) – Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity and the week ahead:

Rosland Capital’s Senior Economic Advisor Jeffrey Nichols Talks About Gold — On the Move Again

Published 12/07/2010

NEW YORK (December 07, 2010) – Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity and the week ahead: