by agm | Jun 30, 2012 | news
Europeans trying to protect their wealth from global economic uncertainty have been stashing bank cash and gold bullion coins and bars in safety deposit boxes and depositories in Switzerland. The euro zone debt crisis and fear that ultra loose monetary policy by...
by agm | Jun 29, 2012 | news
NEW YORK: Gold surged 3 percent to above $1,600 an ounce o n F riday, ending June with its first monthly gain in five months, as a European deal to shore up banks and cut borrowing costs lifted bullion’s investment appeal. Silver and platinum group metals also...
by agm | Jun 29, 2012 | news
In what might be the most underreported financial story of the year, US banking regulators recently circulated a memorandum for comment, including proposed adjustments to current regulatory capital risk-weightings for various assets. For the first time, unencumbered...
by agm | Jun 29, 2012 | news
Gold has been called many things over the past several years. The shiny yellow metal is seen as a safe-haven to some, but a barbaric lifeless asset by others. In short, gold has trouble receiving a wide range of support as a key player in the global financial system....
by agm | Jun 25, 2012 | news
Chris Powell, Secretary and Treasurer of the Gold Anti-Trust Action Committee told Bernie Lo on CNBC Asia overnight that central banks are continuing to manipulate the gold market as they are interested in supporting government bonds and the dollar and keeping...