by agm | Nov 5, 2013 | news
In the first 10 months of this year, the U.S. Mint sold 39.2 million ounces of silver in coins. In the same period last year, the Mint only sold 28.94 million ounces of silver in coins. A general negativity by investors surrounding silver this year has not stopped...
by agm | Oct 28, 2013 | news
Investor sentiment towards precious metals is at the lowest level in over a decade. Many analysts believe the bull market is over and are calling for sub-$1,000 gold in 2014. Even diehard gold bugs are losing faith, as the correction has been longer and more severe...
by agm | Oct 24, 2013 | news
The price of gold, as measured in U.S. dollars, hit a peak just over $1,900 in early September 2011. Since then the price has mostly declined. Since early October 2012, for instance, the spot price is down about 26 percent. In June, gold dropped below $1,200....
by agm | Oct 17, 2013 | news
Goldman Sachs got it completely wrong, says Peter Schiff, CEO and Chief Global Strategist of Euro Pacific Capital. A budget deal doesn’t make gold a “slam dunk sell”, as Goldman’s head of commodities trading Jeffrey Currie said it would on...
by agm | Oct 2, 2013 | news
Gold rebounded from an eight-week low on speculation that the Federal Reserve will delay reducing its stimulus program amid the first U.S. government shutdown in 17 years, stoking demand for the metal as a store of value. A budget impasse triggered furloughs for...
by agm | Sep 18, 2013 | news
Gold soared around 3 percent on Wednesday after the U.S. Federal Reserve said it would continue buying bonds at an $85 billion monthly pace for now, surprising financial markets that were braced for a reduction in the central bank’s economic stimulus. Citing...
