by agm | Jan 9, 2012 | news
Goldman Sachs Group Inc. (GS) is staying “overweight” on commodities as a rebound in demand revives speculation of shortages, with gold a favorite for 2012 as investors seek a hedge against Europe’s debt crisis. Gold futures traded on the Comex in New York may climb...
by agm | Jan 2, 2012 | news
Gold and silver gained after reports that Iran produced its first nuclear fuel rod, spurring investors to buy the precious metal as a haven. Gold for immediate delivery advanced 0.2 percent to $1,566.37 an ounce at 5:32 p.m. in London. Silver was 0.1 percent higher at...
by agm | Dec 28, 2011 | news
Slight economic improvements have had positive echoes in the markets lately. It has created a “risk on” trade within the marketplace, where demand for Treasurys lingers and the dollar weakens. This has supported commodities, gold especially. Many traders view the...
by agm | Dec 28, 2011 | news
By the end of next year, financial experts anticipate silver prices to double or triple from its $29-per-ounce price – the mid-December level. The financial systems around the world have been shaken up by a chaotic 2011, with rumors of complete financial collapse...
by agm | Dec 21, 2011 | news
There is definitely going to be another financial crisis around the corner,” says hedge fund legend Mark Mobius, “because we haven’t solved any of the things that caused the previous crisis.” We’re raising our alert status for the...
by agm | Dec 20, 2011 | news
Inflation-inducing scenarios loom over the global economy as 2011 eases out and 2012 slips in, but how all the elements come together in the next few months will be a key to just how high prices rise and how long they stay there. As the close of the year, the U.S....
