Tuesday, July 23, 2013

Is HSBC evicting your gold or silver?

November 13, 2009 by · Leave a Comment 

8:48p ET Thursday, November 12, 2009 Dear Friend of GATA and Gold: A reporter for a national newspaper is working with GATA’s longtime friend David Morgan of Silver-Investor.com and The Morgan Report on a story about HSBC’s recent decision to close its retail gold and silver storage accounts at its Comex-approved warehouse in New York. [...]

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 ENDS AT RECORD CLOSE AS DOLLAR SLUMPS

October 7, 2009 by · Leave a Comment 

By Nick GodtOct. 6, 2009, 2:19 p.m. EDT NEW YORK (MarketWatch) — Gold finished at a new record closing level on Tuesday, after earlier hitting a record intra-day high of $1,045 an ounce, as the dollar slumped on a report suggesting the end of dollar-based oil trading and Australia hiked interest rates. Gold for December [...]

HSBC lifts 2009 gold forecast to $875 from $825

May 15, 2009 by · Leave a Comment 

Inflation fears are supporting gold … Possible USD (U.S. dollar) weakness remains a potential source of support. Stagnant mine output, reduced official sector sales, and robust ETF and retail demand are also supportive factors in determining the forecast. Read more….