by agm | Mar 18, 2012 | news
The fall in gold prices has prompted one or more central banks to buy as much as four tonnes of bullion in recent weeks, according to an industry source and a Financial Times report on Friday. The purchases, worth about $250 million at current prices, were made...
by agm | Mar 14, 2012 | news
Gold rose to $1,700 last week and is holding that level in a very tight trading range. The last few weeks have seen a larger consolidation pattern forming, pointing to a much bigger consolidating pattern that implies far more than just a short-term trading move just...
by agm | Mar 13, 2012 | news
The Fed’s policy statement, released after a closed-door meeting, said the economic conditions have been expanding moderately. Although the unemployment rate has declined notably, it remains elevated. While the central bank is no longer worried about business fixed...
by agm | Mar 12, 2012 | news
Silver prices are outpacing gold this year, prompting cautious investors to wonder how to play the market while guarding against the white metal’s well-worn path of volatility. Silver futures SIK2 -1.58% are up 20% year to date, closing at $33.83 an ounce on Thursday...
by agm | Mar 9, 2012 | news
Since the beginning of this year, I’ve been warning investors that gold won’t take off on a sustained rally until we get two things: 1) Normalcy in the markets — no more scary headlines warning of impending economic doom. These days, when investors think the...
