by agm | Jun 14, 2012 | news
So we have our bankers telling us that both their paper bonds and paper currencies are “safe havens”. Meanwhile, 1,000+ years of our own history tells us that both forms of paper are certain to end up totally worthless. Obviously treating $10’s of trillions in...
by agm | Jun 11, 2012 | news
Gold-investment demand in China may gain more than 10 percent this year as buyers seek a haven from Europe’s debt crisis and the prospect of weakening currencies, according to the country’s largest bullion bank. “Investors here want to hold part of their assets in...
by agm | Jun 6, 2012 | news
After the $1 bn purchase of gold bullion in 2011 April by the University of Texas Investment Management Co, large institutional investors were largely absent from the market. Now, the Financial Times has reported that Okayama Metal and Machinery has become the first...
by agm | Jun 4, 2012 | news
May 29, 2012: I am proud to say that I have been actively trading Gold since President Ford signed legislation that legalized private Gold coin and bar ownership, which took effect December 31, 1974. During those 37 years the Gold price moved from $103 in August of...
by agm | Jun 1, 2012 | news
In the next month China and Japan (China’s main trading partner) will no longer use the U.S. dollar as the only currency in trade with each other. They will use the Yuan and the Yen directly with each other. This will see the dollar removed from a large chunk of the...
by agm | Jun 1, 2012 | news
Gold for August delivery GCQ2 +3.13% climbed $48.70, or 3.1%, to trade at $1,612.90 an ounce on the Comex division of the New York Mercantile Exchange. Prices had traded as low as $1,545.50 in the electronic trading session. For the week, futures prices are nearly 3%...
