by agm | Feb 7, 2013 | news
For the month, the falls yesterday led to gold being 0.4% lower in dollar terms in January. It was also lower in euro terms but eked out strong gains against the pound and Japanese yen both of which saw falls on international markets. On the week, while gold is lower...
by agm | Feb 7, 2013 | news
You’ve probably seen or heard the commercials. Now is the time to buy the only safe investment asset: gold. Gold crossed the $1,800 an ounce mark in September, and it seemed like $2,000 was a fait accompli. The gold bugs were out in force. So far, though, that fait...
by agm | Feb 4, 2013 | news
Well, the gold price did it again…. It’s now official, gold has been up for 12 consecutive years. It closed December up 7% from a year ago. Silver closed up over 8% from a year ago. This indirectly says the stellar silver rise in 2010, which was its best year...
by agm | Jan 29, 2013 | news
Economic reports today suggest things are picking up a bit: Payrolls might be expanding more than they’re contracting. Unfortunately, separate reports also suggest that the UK’s economic woes will have a negative effect on the U.S. The mix of good and bad...
by agm | Jan 22, 2013 | news
The Pacific Group Ltd., a Hong Kong-based fund founded by a former PaineWebber Inc. trader, just announced plans to convert one-third of its hedge-fund assets into physical gold. The move is only reinforcing a recent flood of hedge fund money into gold as veteran...
by agm | Jan 17, 2013 | news
It has been my central thesis that central bank actions around the globe have essentially locked in the long-term trend of devaluation of national currencies while at the same time assuring a long-term bull market in precious metals. I have recently opined that silver...
