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London Gold Market Report from Ben Traynor, BullionVault Friday 19 April 2013, 08:00 EST
Investors “Could Sell into Strength” as Gold Climbs Back Above $1400
WHOLESALE gold prices rallied above $1400 an ounce Friday morning, with analysts continuing to point to strong demand for physical bullion following gold’s sharpest weekly price fall in over four years.
“Expect the market to sell into strength,” warns bullion bank Scotia Mocatta, whose technical analysts see support for gold at $1309 [...] While gun-control legislation is a politically risky vote for red-state Democrats, it’s also an issue that could hurt the GOP’s efforts to attract female voters. A new NBC/Wall Street Journal poll shows that 65 percent of women favor stronger gun laws, compared to 44 percent of men. That’s consistent with previous polling; a recent Quinnipiac University poll showed 61 percent of women and 45 percent of men in favor stricter gun laws. Richard Feldman, the Independent Firearms [...] The Canadian Association of Police Chiefs is calling on the federal government to pass its controversial internet surveillance bill so police can fight cybercrime more effectively. Association president and Vancouver police Chief Jim Chu says he is concerned Bill C-30 will die on the order paper, meaning officers investigating criminal activity on cellphones and the internet will still have to get a warrant every time they want to intercept communications by [...] By Ty Tagami The Atlanta Journal-Constitution Parents of students at an Atlanta public school where cheating was alleged to have occurred on a statewide test on Tuesday night defended their school and teachers at a town hall meeting. “We’ve been extremely pleased with the instruction my children have received,” said Quinnie Cook-Richardson, one of several parents at the troubled West Manor Elementary School who spoke at the [...] SUN CITY CENTER — The condo smelled awful. Carol Kingsbury and her sister expected that. Ten months after her sister’s friend died and later was cremated, a court gave the women permission to enter his retirement condo and get his final affairs in order. Allan Dunn, who committed suicide at 86, had told neighbors his wife was in a nursing home. But when the sisters went into his fetid [...] NEWSCORE – A mob of angry protesters chased a would-be flag burner at Louisiana State University (LSU) off campus Wednesday to chants of “USA, USA.” Graduate communications student Benjamin Haas had earlier been given permission by the school to burn the flag. But because he lacked a local burn permit, he agreed instead to read a statement in an area of the university known as free [...] Firefighter fight the blames in Flatbush Saturday (AP); Firefighters point to the remains of the fire Sunday (AP Photo) NEW YORK (1010 WINS/AP) – As the investigation into what caused the deadly five-alarm apartment building fire in Brooklyn continues, fire department union leaders blamed recent staff reductions for the amount of time it took to fight Saturday night’s blaze. Uniformed Firefighters Association President Steve Cassidy told 1010 WINS on [...] |
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