Weekly metals wrapup, Embry interview posted at King World News
January 9, 2011 by goldguru · Leave a Comment
9:20a ET Saturday, January 8, 2011 Dear Friend of GATA and Gold (and Silver): The weekly precious metals market review with Bill Haynes of CMI Gold & Silver and Dan Norcini of JSMineSet.com has been posted at King World News here: http://kingworldnews.com/kingworldnews/Broadcast/Entries/2011/1/8_KWN_We… And audio of the King World News interview with Sprott Asset Management’s chief [...]
J.S. Kim: How high would metals go if investment banks didn’t rig markets?
November 5, 2010 by goldguru · Leave a Comment
8:50a ET Friday, November 5, 2010 Dear Friend of GATA and Gold (and Silver): J.S. Kim, founder and managing director of the SmartKnowledgeU investment research and consulting firm, takes note again today of GATA’s work in his commentary headlined “How High Would Gold and Silver Prices Go if GS, JPM, and HSBC Were Barred from [...]
A Happy New Year for Metals
December 31, 2009 by goldguru · Leave a Comment
By Jeffrey Lewis, GoldSeek In welcoming 2010, the stars could not be better aligned for precious metal investors. Stimulus spending, coupled with a low federal funds rate and a new jobs program, should put plenty of money in the hands of precious metals holders. Stimulus and Silver 2009 was just the beginning for federal stimulus programs. Although [...]
Gold, Silver, Metal Prices: Commentary – 10/30/2009
October 30, 2009 by goldguru · Leave a Comment
GDP: Great Day to Play Good Day, Friday’s market sessions in precious metals started off on a tamer note, following the best gains in gold in three weeks. Explanations follow. The recapture of the $1045 area is noteworthy, although analysts we polled during the wee hours overseas are trying to define the move as everything [...]
Gold, Silver and US Stocks Rally
October 30, 2009 by goldguru · 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 [...]
Gindalbie receives final regulatory approval for Karara iron-ore development
October 30, 2009 by goldguru · Leave a Comment
ASX-listed iron-ore producer Gindalbie Metals has received its final environmental approval for the development of its Karara iron-ore project, in Western Australia. The decision by the Federal Government’s Department of Environment, which followed the announcement of state environmental approval on September 9, represented the final regulatory approval required for on-site construction and development work at [...]
Uranium Resources plans to buy out Tanzania JV partners
October 30, 2009 by goldguru · Leave a Comment
Aim-listed uranium exploration company Uranium Resources plans to raise £1,6-million by December to fund a proposed A$2,9-million cash-and-share deal to acquire its Tanzanian uranium projects joint-venture partners. It would acquire the share capital of WML Uranium Holdings and Western Metals Tanzania, which were subsidiaries of the Indago Group, for A$2,5-million in cash and A$400 000 [...]
Impressive new platinum group resource figures from Duluth
October 30, 2009 by goldguru · Leave a Comment
The Duluth complex in Minnesota, U.S. hosts one of the world’s great polymetallic metals deposits and one of the key players is Canadian junior, Duluth Metals, which has just announced updated precious metals resource figures. Read more….
Gold Continues Decline for Day Five, Stocks Tumble
October 29, 2009 by goldguru · Leave a Comment
Gold ended slightly lower Wednesday, marking the fifth consecutive day the yellow metal has declined. Again cited as the catalyst for the loses was a rallying US dollar. Silver and platinum also fell, as did crude oil which plunged 2.6 percent. US stocks followed along, with the three major indexes tumbling between 1.2 percent and [...]
Gold Drops for Fourth Day, Silver Plunges, Stocks Mixed
October 29, 2009 by goldguru · Leave a Comment
New York gold futures ended lower Tuesday for the fourth straight day as the US dollar advanced on news of a decline in consumer confidence. Silver was hit exceptionally hard for the second straight day, falling more than 3 percent. Platinum declined as well. In other markets, crude oil finished 1 percent higher and US [...]