by agm | Jul 13, 2012 | news
Demand and supply factors remain in gold’s favor. There is strong demand from store of wealth buyers in Europe, China, the Middle East and the rest of Asia – not to mention strong demand from institutions and central banks. A new trend seen in recent weeks is that of...
by agm | Jul 12, 2012 | news
As the price of gold has gone up fivefold over the past 10 years, why would one buy it at today’s prices? For the same reason an investor would buy any other asset: if one believed it would be a good investment now, that is if one believed it may appreciate in value...
by agm | Jul 11, 2012 | news
This latest price weakness is confusing many market participants and causing further jitters to some owners of gold. Our conversations with people in the industry and our own experience makes us confident that this is another paper driven sell off drive primarily by...
by agm | Jul 6, 2012 | news
In 2007, Morgan Stanley paid out $4.4 million to settle a class-action lawsuit by its clients after Morgan Stanley charged them to buy and “store” precious metals for them, but neither bought or stored the metals. (Similarly, a 2011 class-action lawsuit...
by agm | Jul 3, 2012 | news
Gold climbed to the highest price in two weeks amid speculation that central banks will take more action to spur growth, boosting demand for the metal as an inflation hedge. Reports showed yesterday that euro-area manufacturing output contracted for an 11th straight...
by agm | Jul 3, 2012 | news
There’s a plausible path to $10,000 an ounce gold. And it doesn’t require a breakdown in civil society… Speculators see central bankers as modern-day superheroes, able to push markets around with a single phrase. In the minds of most investors, Ben Bernanke, Mario...
