by agm | May 20, 2012 | news
Highly respected economist and strategist David Rosenberg has told that Financial Times in a video interview that gold “will go to $3,000 per ounce before this cycle is over.” Markets are repeating the downturns of 2010 and 2011 and it is time to search for safety,...
by agm | May 19, 2012 | news
Following this week’s bounce from the $1,520s region, most survey participants in the weekly Kitco News Gold Survey expect gold prices to continue to build on late-week gains. In the Kitco News Gold Survey, out of 33 participants, 23 responded this week. Of those 23...
by agm | May 18, 2012 | news
Gold futures continued to rebound Friday as the U.S. dollar lost steam and weakened in relation to other major currencies, leaving the metal open for a small advance after two weeks of losses. Gold for June delivery GCM2 +1.03% rose $17, or 1.1%, to $1,591.90 an...
by agm | May 17, 2012 | news
— Is gold finished? I’d say it is about as finished as all of the other times in the last dozen years that it has been finished — it’s just that the obituary has received more notice lately. Once again I find myself on the defensive about gold,...
by agm | May 17, 2012 | news
The eurozone could break up and trigger a global economic slump to rival the Great Depression, the IMF warned last night. In its World Economic Outlook report, the International Monetary Fund said the collapse of the crisis-torn single currency could not be ruled out....
