Monday, August 15, 2016

Actlabs SGH technique provides gold hope for Golden Hope

October 28, 2009 by · Leave a Comment 

The employment of a new geochemical technique has pinpointed a highly prospective anomalous area for Golden Hope Mines. Read more….

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 [...]

Gold Bullion Investment

October 22, 2009 by · Leave a Comment 

It’s becoming painfully evident to more and more investors that resisting an economic trend is like trying to sweep back the ocean with a broom, and these investors are liquidating their paper assets in stocks and bonds, and converting that wealth into a gold bullion investment. You may notice that fewer and fewer so-called “economic [...]

Gold Bullion

October 17, 2009 by · Leave a Comment 

The record-setting gold trading days of the last two weeks have given all of us a working example of gold bullion’s short-term benefits, and although there has been substantial profit taking, other investors have diversified into a stronger, long-term position in rare coin. The gold spot price is currently receded to the $1058 level, and [...]

Boomers Have Their Backs Against the Wall

October 15, 2009 by · Leave a Comment 

The Daily Reckoning Two important items in the news today: First, Bloomberg reports that retails sales fell 2.1% in September – the biggest decrease this year. Know what that means? It means the “Age of Thrift” is here…and that consumers really are cutting back – just like we said they would. And it means that [...]

Decline & Fall

October 12, 2009 by · Leave a Comment 

Bullion Vault Rome’s long decline, now repeated by the United States… WARREN BUFFETT famously says that people do not make money by betting against the US economy. But two years ago we decided to take a chance, writes Bill Bonner in his Daily Reckoning.“We are short the United States of America,” we announced from the comfort and [...]

A Deflation Story

October 10, 2009 by · Leave a Comment 

The Daily Reckoning “It was at Rome, on the 15th of October, 1764, as I sat musing amidst the ruins of the Capitol, while the barefooted friars were singing vespers in the Temple of Jupiter, that the idea of writing the decline and fall of the city first started to my mind.” – Edward Gibbon [...]

Weekly Market Recap 10/09/09

October 10, 2009 by · Leave a Comment 

This week, Gold broke through its all time high and set a new benchmark at $1,061.10 per ounce. Concerns about the weakened U.S. Dollar and a second economic downturn, along with increased risk of higher inflation, were the leading causes for the commodities boost this week. Other factors had an impact as well, such as [...]

Don’t Trust the Dollar Strength

October 9, 2009 by · Leave a Comment 

The Daily Reckoning As predicted, both the European Central Bank and the Bank of England kept their benchmark interest rates at record lows in an effort to keep stimulating their economies. Trichet signaled that the ECB has no plans to raise rates in the near future, stating that the current level is ‘appropriate’ for the [...]

Gold Touches a New Record

October 9, 2009 by · Leave a Comment 

The Daily Reckoning “Gold continues to climb…stoked by inflation worries,” says a headline in the International Herald Tribune. Yesterday, it touched a new record – $1,050 – even as the dollar rose, oil slumped under $70 and stocks dipped very slightly. Well, what do you expect? The United States added $1 trillion to its monetary [...]

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