Europeans Stashing Their Gold in Switzerland

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...

GOLD Jumps Over 3pc on EU Deal, Logs Monthly Gain

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...

Breaking News: Regulators to Classify Gold as Zero-Risk Asse

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...

GOLD: Safe Haven or Risky Investment?

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....

80% of the Gold the World Owns Doesn’t Exist

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...