by agm | Aug 16, 2012 | news
The markets are holding on for more quantitative easing (QE). This is what we keep hearing. Every day we hear reports of the gold price still maintaining its narrow ‘trading range’ of the last month. In fact, since May it hasn’t broken out of the $100 trading range....
by agm | Aug 16, 2012 | news
Three predictions: The first because we know how the money business works – though we do not have proof to hand. The second we are certain will happen – because it has long been the obvious step, and because those most directly affected by it, and who stand to...
by agm | Aug 13, 2012 | news
John Hathaway, senior managing director of Tocqueville Asset Management, does not particularly trust banks to keep stores of physical gold safe and segregated. Indeed, he considers his black lab Jake a better watchdog than the SEC. That is why he favors the...
by agm | Aug 7, 2012 | news
The U.S. economy is “only treading water,” and the U.S. central bank needs to launch a sizable and open-ended asset-purchase program to spur demand, a Federal Reserve official said Tuesday. “The GDP reports have been disappointing, [and] my expectation is the second...
by agm | Aug 6, 2012 | news
* Quantitative easing hopes still alive after jobs data * Euro shakes off pressure, allowing gold to extend gains * Platinum maintains more than $200/oz discount to gold (Updates prices, adds comment) By Jan Harvey LONDON, Aug 6 (Reuters) – Gold prices rose on...
by agm | Aug 1, 2012 | news
A greater chance for monetary stimulus from the Federal Reserve should support gold prices, with the yellow metal seen rising to $1,700 an ounce in a month, said a Swiss Bank on Tuesday. UBS lifted its one-month forecast to $1,700, up from $1,550, and boosted its...
