by agm | May 19, 2012 | news
Following this week’s bounce from the $1,520s region, most survey participants in the weekly Kitco News Gold Survey expect gold prices to continue to build on late-week gains. In the Kitco News Gold Survey, out of 33 participants, 23 responded this week. Of those 23...
by agm | May 18, 2012 | news
Gold futures continued to rebound Friday as the U.S. dollar lost steam and weakened in relation to other major currencies, leaving the metal open for a small advance after two weeks of losses. Gold for June delivery GCM2 +1.03% rose $17, or 1.1%, to $1,591.90 an...
by agm | May 17, 2012 | news
— Is gold finished? I’d say it is about as finished as all of the other times in the last dozen years that it has been finished — it’s just that the obituary has received more notice lately. Once again I find myself on the defensive about gold,...
by agm | May 17, 2012 | news
The eurozone could break up and trigger a global economic slump to rival the Great Depression, the IMF warned last night. In its World Economic Outlook report, the International Monetary Fund said the collapse of the crisis-torn single currency could not be ruled out....
by agm | May 17, 2012 | news
The Soros Fund Management seems optimistic on gold as it stocks up in bulk. First quarter stats show that billionaire investor George Soros pumped up a rather plump gold ETF and invested quite heavily in J.P. Morgan Chase (JPM) at the tail end of the quarter. As of...
by agm | May 16, 2012 | news
So the price of gold keeps falling, and it keeps falling despite the imminent failure of Greece’s Euro membership, the looming collapse of Europe’s banking system, and the fast-looming debt-ceiling repeat and fiscal cliff in the US. Hey-ho. Some €700m per day is being...
