Prediction of Gold Price for Year 2010

Notegolddiamond- Here the prediction of gold price for the year 2010 from 72 expert that consolidated by Mineweb and the prediction by LBMA (London Bullion Market Association). Why mineweb ? as they state at the article gold prediction here, the results of the 2009 Mineweb Gold Price prediction competition in which Mineweb readers have again done better overall than a panel of ‘experts’ although only marginally so. Here the list of
Prediction of gold price 2010

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The end of the gold love affair? Not for long

LONDON (Reuters) – Investors’ love affair with gold may appear to have cooled, but that would be a misleading conclusion to draw from the fall in physical holdings of the precious metal.Gold’s popularity will return because investors fear inflation and sovereign downgrades, even if the U.S. currency continues its ascent and makes the precious metal more expensive for holders of other currencies.

De Beers Top No. 1 Diamond Miner Agrees Refinancing

As diamond demand begins to return and prices to recover, De Beers is upbeat on its debt position as it agrees refinancing terms and sets up right issue.

LONDON (Reuters) -

Top diamond miner De Beers is upbeat about cash flow after slashing costs by half and is making progress on shoring up its balance sheet after agreeing refinancing terms.

The group — 45 percent-owned by mining group Anglo American — said on Friday it was moving forward on refinancing a $1.5 billion debt facility and a rights issue of up to $1 billion announced last month.

“We’ve agreed a set of terms with our international lenders,” David Prager, director of communications, told Reuters. “That process will come to a conclusion over the next several weeks. We’re feeling very good about it.”

Once the refinancing process is concluded, shareholders will commit funding to help recapitalise the business through the rights issue, he added.

Prediksi Harga Emas Tahun 2010

Notegolddiamond – Artikel Terbaru mengenai harga emas Juni 2010 di sini http://notegolddiamond.blogspot.com/2010/06/euro-turun-harga-emas-naik-dollar-juga.html

Berikut ini prediksi Harga Emas 2010 Dunia dari para ahli yang di organisir Mineweb dan dari para ahli dari LMBA (London Bullion Market Association). Kenapa dari Mineweb ? karena seperti kata mereka sendiri di artikelnya, prediksi yang mereka (Mineweb) buat lebih mendekati kenyataan yang sebenarnya, meskipun perbedaannya tipis. Inilah prediksi tersebut :

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Can Diamonds Survive A Free Market?

Thursday, August 06, 2009, Edward Jay Epstein

Despite its celebrated slogan “Diamonds Are Forever,” De Beers, which has dominated the diamond business for over a century, is discovering that diamond profits are not forever.

It reported in July that its profits for the first half of 2009 fell by no less than 99%. The problem is not that the mining giant is running out of diamonds. Its highly-efficient diamond mines in South Africa, Botswana and Namibia still supply about 40 percent of the world’s gem-sized diamonds. Nor have diamonds lost their value. They not only remain a vital part of the engagement ritual but their retail price of engagement rings has actually risen in 2009.

What is killing De Beer’s profits is the prohibitive cost of running a cartel. The cartel arrangement is necessary to sustain the illusion that diamonds are rare.

Who Killed God’s Banker ?

By : Edward Jay Epstein

On June 11, 1982, Roberto Calvi, the chairman of the Banco Ambrosiano, who had become know as “God’s Banker” because of the investments he made for the Vatican, vanished from Italy with a black briefcase full of documents.

One week later, his body was found hanging from an orange noose under Blackfriar’s Bridge in London; his feet submerged in the swirling waters of the Thames. His black bag was gone. Also missing was $1.2 billion from bank’s subsidiaries in the Bahamas, Nicaragua, Peru, and Luxembourg. And the Vatican was missing one-half billion dollars in loans. How did God’s banker come to be dangling at the end of a rope over the Thames?

Who Killed God's Banker ?

By : Edward Jay Epstein

On June 11, 1982, Roberto Calvi, the chairman of the Banco Ambrosiano, who had become know as “God’s Banker” because of the investments he made for the Vatican, vanished from Italy with a black briefcase full of documents.

One week later, his body was found hanging from an orange noose under Blackfriar’s Bridge in London; his feet submerged in the swirling waters of the Thames. His black bag was gone. Also missing was $1.2 billion from bank’s subsidiaries in the Bahamas, Nicaragua, Peru, and Luxembourg. And the Vatican was missing one-half billion dollars in loans. How did God’s banker come to be dangling at the end of a rope over the Thames?

More Money To Flow In Commodities

LONDON (Reuters) -

Investors will allocate even more money to commodities this year as they seek to spread risk away from more established investments such as equities, New York-based fund manager Gresham argues.

Commodities such as gold, oil, copper, as well as softs like sugar, boomed in 2009, drawing in tens of billions of dollars in investments from pension funds and wealth managers hit by the financial crisis and global economic downturn.

Gresham Investment Management LLC saw its assets under management in commodities more than double last year to over $7.5 billion, its director of research, Douglas Hepworth told Reuters.

Why Warrants of Gold/Silver Companies Outperformed Gold/Silver So Dramatically in 2009

by Lorimer Wilson

We are in the eye of the storm and when the other side of the vortex engulfs us gold and silver will increase considerably, their associated stocks will go up substantially and their warrants, where available, will escalate dramatically. They did so in 2009 (see below) and will most likely do so again in 2010. Does your portfolio properly reflect the opportunities that will continue to present themselves in 2010 and beyond?

All you need do is:

1.) invest in the stocks of the companies that mine gold and silver and/or in the royalty companies that buy the gold and silver from mining companies at pre-determined fixed prices or, better yet, and wherever possible,

BloggersUnite for Haiti

http://www.bloggersunite.org/event/bloggersunite-f…

January 19, 2010

Objective:
Our goal is to share information about this disaster and how people around the world can provide aid to ongoing relief efforts.

Nations and aid organizations around the globe are scrambling to provide aid to Haiti in the aftermath of a devastating earthquake. While the listed date of this event to be 1/19/10, we ask that bloggers begin to submit relevant posts as soon as possible and continue to do so as long as more information becomes available and more aid for the citizens of Haiti is needed.

We welcome any posts about current conditions in Haiti as well as how to donate money, supplies or man power to the ongoing disaster relief efforts. If you have any information to share about this tragic event with readers around the world, please post a link to your article here.