by agm | May 17, 2012 | news
The Soros Fund Management seems optimistic on gold as it stocks up in bulk. First quarter stats show that billionaire investor George Soros pumped up a rather plump gold ETF and invested quite heavily in J.P. Morgan Chase (JPM) at the tail end of the quarter. As of...
by agm | May 16, 2012 | news
So the price of gold keeps falling, and it keeps falling despite the imminent failure of Greece’s Euro membership, the looming collapse of Europe’s banking system, and the fast-looming debt-ceiling repeat and fiscal cliff in the US. Hey-ho. Some €700m per day is being...
by agm | May 16, 2012 | news
Gold recovered from its lowest since late December on Wednesday, edging back into positive territory as U.S. stocks opened higher and after speculation Germany and France will act to keep Greece in the euro zone lifted the euro into the black. Spot gold was up 0.3...
by agm | May 8, 2012 | news
The price of gold took a slight dip in the wake of Europe’s election mayhem on Sunday. Regardless, there was a telling uptick in safe-haven demand for the metal. Look no further than Europe to realize why that might be. Europe is in tatters, to say the very least, and...
by agm | May 8, 2012 | news
Mainland China’s gold imports from Hong Kong surged more than sixfold in the first quarter, adding to signs that the country may displace India as the world’s largest consumer of the precious metal on an annual basis. Imports from Hong Kong were 135,529 kilograms...
