Sunday, August 14, 2016

Giddy Investors Just Can’t Get Enough

June 16, 2010 by · Leave a Comment 

By Rick Ackerman, Rick’s Picks Another 200-point rally in the Dow, and it’s hard to say exactly what has put Wall Street in such a giddy mood. Talk about climbing a wall of worry!   Is it perhaps the increasingly shrill warnings of an oil-induced Armageddon that have sparked a binge of contrarian buying?  Or maybe it’s the [...]

An 80% Sham Market, Zombie Armies & Cheating Investors

November 5, 2009 by · Leave a Comment 

By Daniel R. Amerman, GoldSeek Overview About 80% of net issuance of total US Treasury and Agency debt has become an artificial market, lacking real investors, and relying on the fiction of Federal Reserve purchases with imaginary money in order to prop up prices and hold down yields.  At the same time, Treasury secretary Geithner claims [...]

Austrian Mint’s Vienna Philharmonic 20 Ounce Gold Coin celebrates a 20 Year Success Story

October 30, 2009 by · Leave a Comment 

Twenty years ago in 1989 the Austrian State Mint passed from the Treasury into the ownership of the central bank. The mint was given the freedom to produce and sell products in accordance with the demands of the modern numismatic and investment markets. One of the very first innovations introduced by the new CEO, Paul [...]

American Gold Bullion

October 30, 2009 by · Leave a Comment 

Even though multitudes of American investors have lost faith in Wall Street and our nation’s banking system, they can still show their patriotism by purchasing American gold bullion, as they convert their wealth into precious metal diversification. Traditional investments in stocks and bonds have had their overextended course of contrived prosperity, now it’s time to [...]

Gold American Eagle Bullion

October 29, 2009 by · Leave a Comment 

Many short-term investors prefer the liquidity of gold American Eagle bullion, since our government backs these modern coins for weight, and precious metal content. These 22-karat coins contain a full Troy ounce of pure gold, and their obverse design is among the most exquisite in existence. The obverse design on gold American Eagle bullion coins [...]

Gold to Rise to $2,000 Amid ‘Massive’ Inflation, Superfund Says

October 29, 2009 by · Leave a Comment 

By Kim Kyoungwha Oct. 28 (Bloomberg) — Gold may rise to a record $2,000 an ounce in the next three years as investors hedge against “massive” inflation sparked by governments printing money, according to Superfund Financial Singapore Pte’s Aaron Smith. “In the next few years, after the deflation cycle, we’ll see massive inflation,” Managing Director [...]

CoAL of Africa to buy NuCoal

October 29, 2009 by · Leave a Comment 

South Africa-focused coal-miner Coal of Africa Limited (CoAL) plans to raise £59,6-million to fund a proposed R650-million acquisition of NuCoal Mining, to accelerate capital expenditure (capex) at its Vele and Makhado projects, and to pursue other smaller acquisitions, it announced on Thursday. The ASX-, Aim- and JSE-listed coal-miner would place up to 59,8-million new ordinary [...]

Buy Gold Bullion

October 28, 2009 by · Leave a Comment 

When strictly short-term investors buy gold bullion, many of them prefer the affordability of bullion bars, because their utter simplicity warrants the lowest possible investment- grade gold price. Short-term investors generally purchase one- ounce, and/or ten-ounce bars, whose prices usually hover slightly above the current gold spot price, which is the cost of one Troy-ounce [...]

Kopane raises £3,3m for Lesotho diamond project

October 28, 2009 by · Leave a Comment 

Aim-listed diamond producer Kopane Diamond Developments plans to raise £3,3-million, after expenses, for working capital purposes related to its Liqhobong project, in Lesotho. The funds would be raised through a placing of 25,7-million new ordinary shares with institutional and other investors at £0,14 a share. Read more….

Gold steadies around $1 040, ETF dips second day in row

October 28, 2009 by · Leave a Comment 

Gold prices steadied around $1 040 an ounce on Wednesday, recovering from three-week lows hit the day before when the dollar strengthened against the euro. The dollar held gains against a basket of currencies on Wednesday while the yen rose, as investors trimmed positions in higher-yielding currencies as stocks fell on weaker-than-expected US consumer confidence [...]

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