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Precious Metal on a Decline? NOWAY!
Gold fell in New York, halting a three-session rally, as a stronger dollar eroded the appeal of the precious metal as an alternative asset. Silver also declined. The dollar rose against the euro on...
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Gold and Silver Demand Increases Worldwide
A Hedge Against Inflation The fear of inflation is heating up as on Wednesday the Bank of England suggested that “there is a good chance” inflation will hit 5% later in the year, far above the target...
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Precious Commodites Rise as Cencerns for More Bailouts, Higher Inflation and...
As I look to the worlds economy is no surprise that gold and silver prices were clawing higher Wednesday on modest safe haven buying. Bloomberg is reporting today that “most emerging-market stocks...
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Bad US Economy News, Unemployment News, and Greece Debt Increases Precious...
Gold and silver prices were lower Thursday on mixed economic data and light volume. Gold for June delivery was down $9.70 to $1,517 an ounce at the Comex division of the New York Mercantile Exchange....
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China Gold Demand to Rise Over 22% in 3 Years
Chinese gold demand could rise over 22 percent in the next three years and sharply outpace domestic production, the head of the country’s largest state-owned gold miner China National Gold Group said...
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QE3 or Not…Debt Will Dictate Higher Gold Prices
Spot market prices for gold bullion continued to fall Wednesday morning, dropping to $1533 per ounce – a 0.6% loss on the week – while stocks and commodities also fell and US Treasuries rose following...
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Jim Rogers and Peter Schiff Warn Today; The Worst is Coming
A very well known investor and Chief Executive of Rogers Holdings, Jim Rogers, was on CNBC this morning warning that the U.S. is approaching a financial crisis worse than 2008. Below is some of this...
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Flashback: Ron Paul Explains the Politics of Gold in 2006
This past week two economist gave these two comments: “In truth, there is no “alternative” reserve currency to the US Dollar. For almost 40 years, there has been no circulating currency in the world...
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Investors See Signs of Hot Winter after Cool Summer for Gold and Silver
The gold price opened the first full week in July to the upside, surging higher by $19.25 Tuesday morning to $1,507 per ounce. After falling 1.1% last week, gold moved higher Tuesday morning on the...
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World Debt Crisis Brings Gold Demands
Gold may gain for a third day in London as concerns about debt in Europe and the U.S. spur demand for the metal as an alternative investment. The Gold price bounced back amid bargain hunting on...
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