Record Gold Hoard Spurs Bullish Bets
• Bloomberg.com via Kitco.comEighteen of 26 surveyed by Bloomberg expect bullion to rise next week.
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Eighteen of 26 surveyed by Bloomberg expect bullion to rise next week.
Libya is Africa‘s largest oil producer. But one possible reason in particular for Gadhafi’s fall from grace has gained significant traction among analysts and segments of the non-Western media: central banking and the global monetary system.
In my opinion anything below $30 is a bargain. If you see $25, back up the truck. If you see $20-$21, back up two trucks.
I think we'll be checking Gold in the morning... Silver too,... Again!
Mike Maloney On Gold, Silver & Economics (Video) (Publisher: I watched the whole 90 minutes and it went by very quickly... great info)
Oct. 25th - Today's Price Jumps Means?...(...it means we get to watch what happens in the morning)
Volatility is About to Expand
China may only have 30 percent of the rare earths in the world, but they essentially have a monopoly--which the rest of the world has been tirelessly trying to work around.
It’s always troubling when governments go after firms like GoldMoney. The more signs I see, the more I’m starting to believe that we’re heading down a path where precious metals are once again confiscated, outlawed, or at least severely restricted in
As the world falls further into economic crisis and political instability, precious metals accumulation among the general public has seen an unprecedented rise. Hoards that include precious metals, guns, and other physical assets are growing across A
(Blah Blah Blah... the US Government seized e-gold accounts and now you have to file paperwork to get any back.... here's the process)
If you’ve never been, the streets are lined with banks (and shopping malls), meaning there’s no shortage of places to buy gold. It’s commonplace in Hong Kong for banks to sell gold (same in Singapore, Austria, and many other countries), but what I co
Gold has been down 10% in the past week and is at an eight-week low today. Given this, what is your outlook for gold prices? And do you see gold near $2,000 per ounce in the near- to medium-term?
Gold margins will be raised by 21%, silver margins by 16%, and copper margins by 18%, effective at the close of trading Monday, CME said in an email after trading closed Friday.
Sept. 26 (Bloomberg) -- Gold fell for a fourth day and slid below $1,600 an ounce, while silver erased its gains this year, as some investors sold the metals to cover losses in other assets. Bullion futures dropped more than margin requirements for a
Gold futures were down for a fourth consecutive session Monday, extending last week's rout as a margin increase by the CME Group and a sell off by investors to pay for losses incurred in other markets last week dampened the appeal of the preci
"Unless you are a day trader.... don't sell your Gold or Silver"
Some hedge funds were selling to raise cash to meet margin calls from lenders. Other investors were using proceeds of silver and gold sales to replenish other parts of their portfolios, which had fallen in value in recent sessions, said George Gero,
Deep in the 7.4-acre Singapore FreePort next to Changi International Airport’s runways is the bullion vault of Swiss Precious Metals, behind seven-metric-ton steel doors built to survive a plane crash or earthquake.
“The area is run by the mafia,” said Chavez. “We’re going to nationalize gold." (Isn't this like the pot calling the kettle 'black'?)
The printing in the U.S. will likely be enough to push gold much higher. If the ECB does the same, we could be very near global inflation---something never seen on this planet before. If global inflation occurs, $25,000 per ounce may be...
New Gold & Silver Coin Calculator!
"The United States can pay any debt it has because we can always print money to do that. So there is zero probability of default" said Greenspan
Graduate students in the Rice University lab of chemist James Tour proved it when they invited a troop of Houston Girl Scouts to their lab to show them how it's done.
Host:
Ernest Hancock
Peter Schiff - CEO & Chief Global Strategist - www.europac.net - Rise of the Barter Economy / Marcin Jakubowski - FOUNDER AND DIRECTOR - Open Source Ecology
Host:
Ernest Hancock
Peter Schiff - CEO & Chief Global Strategist - www.europac.net - Rise of the Barter Economy / Marcin Jakubowski - FOUNDER AND DIRECTOR - Open Source Ecology
Fear and uncertainty are the buzz words at midday Thursday. "When in doubt, get out" is an old trading adage that many traders have adopted...
Host:
Ernest Hancock
Ernest Hancock back in the studio updating us on today's news (Silver & Gold Prices - WOW!!!)
An interesting analysis article on gold by Reuters confirms massive and growing demand for physical gold in Asia and the risk of dislocations and rapidly rising prices in the gold market due to central bank demand.