Sunday, August 14, 2016

International Forecaster April 2010 (#5) – Gold, Silver, Economy + More

April 17, 2010 by · Leave a Comment 

By Bob Chapman, The International Forecaster The following are some snippets from the most recent issue of the International Forecaster.  For the full 28 page issue, please see subscription information below. US MARKETS One of the reasons for less bank lending is the almost non-existent market for securitized bonds. Investors have so many bad loans on their books [...]

International Forecaster January 2010 (#3) – Gold, Silver, Economy + More

January 11, 2010 by · Leave a Comment 

By Bob Chapman,, GoldSeek The number of Americans filing for personal bankruptcy rose by nearly a third in 2009, a surge largely driven by foreclosures and job losses. And more people are filing for Chapter 7 bankruptcy, which liquidates assets to pay off some debts and absolves the filers of others. That is significant because [...]

Big, Brazen Lies Sustain Economy

January 4, 2010 by · Leave a Comment 

By Rick Ackerman, GoldSeek With the help of a credulous news media, Obama, Bernanke, Geithner et al. have continued to sledgehammer the “green shoots” story.  Actually, it is no longer timid green shoots that supposedly are sprouting up, but a recovery so strongly rooted and powerful that it has sent stocks soaring since March and, [...]

Gold, Silver and US Stocks Rally

October 30, 2009 by · Leave a Comment 

Gold and other precious metals spiked Thursday, as did crude oil and US stocks following a report by the Commerce Department saying the economy expanded at a 3.5 percent annualized pace in the third quarter. Gold’s rise broke a losing streak that had extended to five days. The Dow and S&P enjoyed their best one-day [...]

Some Ironic Possibilities for the British Pound

October 29, 2009 by · Leave a Comment 

Clive Corcoran submits: The following are some musings on the U.K. economy, prompted by an adage that seems quite appropriate for our times of thinking the unthinkable. The U.K. public finances are in dire straits with a likely deficit this year well in excess of £200 billion and with red ink as far as the [...]

Gold mining boom ‘set to transform Perth’

October 27, 2009 by · Leave a Comment 

Major gold mining projects in Perth will help to boost the city’s fortunes over the next few decades, it has been suggested. According to the Telegraph, new gold projects – along with the effect of the growing Chinese economy, rising house prices and significant gas contracts – look set to place Perth on the road [...]

SA has to explore options to promote mining – Finance Minister

October 27, 2009 by · Leave a Comment 

South African Finance Minister Pravin Gordon on Tuesday called on government departments for sectoral and financial coordination, saying that the country had to explore options for promoting the development of the mining industry. The mining sector displayed the first signs of recovery in the country’s economy, which is its first recession since 1992, with production [...]

Crude Oil and Gold: Not Worth Worrying Over

October 25, 2009 by · Leave a Comment 

Przemyslaw Radomski submits: This essay is based on the Premium Update posted October 23rd, 2009 The crude oil market has lost most of its popularity since it is no longer near $150 per barrel (no longer do oil-related topics dominate the main financial websites), but nonetheless I’m sure that nobody can deny crude oil’s importance [...]

Gold’s New Ally

October 24, 2009 by · Leave a Comment 

The Daily Reckoning If you’ve invested in gold, you’re about to gain a powerful ally: pension funds. “I think the largest institutions like our own are realizing that we barely own any [gold]” Shayne McGuire, head of the Teacher Retirement System of Texas said in an interview in Hong Kong very early this morning. “The [...]

Weekly Market Recap 10/23/09

October 24, 2009 by · Leave a Comment 

ScotiaMocatta, the precious metals division of the Bank of Nova Scotia, said on Thursday that gold prices could rise to a high of $1,400 an ounce in 2010 as investors turn to the metal as a store of wealth, as reported to Reuters. The unemployment rate has been increasing at an alarming rate, yet the [...]

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