Monthly Archives: January, 2010

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“China is tightening its lending restrictions,” Andy Lipow, president of Lipow Oil Associates LLC in Houston, said on Bloomberg. “The implication is to slow down growth, and that reduces the amount of oil the market thought it may require in 2010.”

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In an interview with The Gold Report posted at MineWeb, well-known gold bull Howard Ruff makes an argument for silver:
TGR: You recommend buying gold bullion and coins. How about silver?
HR: I like silver a lot better than gold. I think you will make two or three times more money in silver than gold.

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NEW YORK/LONDON, Jan 14 (Reuters) – Gold turned higher on Thursday due to the dollar decline and as investors increased buying after the U.S. futures regulator said it would review possible position limits on gold and silver.
The chairman of the Commodity Futures Trading Commission said that the agency’s planned meeting in early March to discuss possible position limits on metal futures and options contracts will focus on gold and silver contracts.

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