by agm | Apr 15, 2013 | news
LONDON (Reuters) – Gold headed for its biggest two-day drop in 30 years on Monday as funds accelerated their exits from the market, and investors also cut exposure to oil, copper and grain after underwhelming Chinese growth data. The precious metal slid further...
by agm | Apr 12, 2013 | news
Gold prices have been working their way lower despite recent events, which would normally be positive for this market. However, if looking at gold as catastrophe insurance, then its fall in value is more logical and probably has further to go. The Cyprus bailout...
by agm | Apr 8, 2013 | news
In a final poll at the Second edition of the Dubai Precious Metals Conference 63 per cent of delegates thought gold was heading towards $3,000 by 2014 and 37 per cent voted for a tumble towards $1,000. The vote followed a lively discussion between the conference’s...
by agm | Apr 4, 2013 | news
Since August 2011, the Dow (DIA) is up 30% while the SPDR Gold Trust (GLD) is down 13%. This may suggest that stocks are the way to go, but here is a more fundamental question: Will your dollars have less or more purchasing power in the future? Fact is, you can use...