by agm | Dec 13, 2012 | news
The Gold Price rose back above $1715 per ounce Wednesday morning, around ten Dollars up on the week so far, as stocks, commodities and the Euro also edged higher and US Treasuries dipped, ahead of today’s Federal Reserve policy announcement. Silver meantime...
by agm | Dec 12, 2012 | news
Gold is hovering unchanged ahead of the U.S. FOMC policy statement that takes place at 1730 GMT and Ben Bernanke’s news conference is at 1915 GMT. Investors believe that the Fed will reveal more bond purchases and a continued loose monetary stance which will favor...
by agm | Dec 3, 2012 | news
The man who accurately claimed that “this is the decade for silver” has now asserted that there is some hope for the banking crisis: gold. But it all depends on this one entity. If you haven’t heard of the Basel Committee on Banking Supervision, chances are...
by agm | Dec 3, 2012 | news
An analyst’s report released Tuesday predicts that gold will rise to more than $2,400 an ounce in the next two years due to the Federal Reserve’s latest decision to further ease monetary policy. The report issued by Bank of America’s (NYSE: BAC) Merrill Lynch Global...
by agm | Nov 20, 2012 | news
There are tremendous forces at work that will push silver over $100 an ounce. Very few precious metal analysts understand all the forces that are at work. Some analysts focus on specific areas such as the gold-silver ratio and technical analysis, while others write...
by agm | Nov 14, 2012 | news
October is known as the worst month for gold prices based on seasonality trends. This proved to be very true this year, as the precious metal suffered its worst monthly drop since May. However, gold bulls are not backing down as the safe-haven prepares to log its...
by agm | Nov 5, 2012 | news
Gold inched up on Wednesday but traders remain cautious ahead of the nonfarm payrolls report and the imminent U.S. presidential election. The devastation of Hurricane Sandy will be a further blow to the already fragile U.S. economy. The destruction of property and...
by agm | Oct 29, 2012 | news
Gold edged down early Friday, on track for its third week of declines as the US dollar strengthened and momentum traders continued to exit positions or go short. Investors and dealers await the US CFTC commitment of traders figures due at 1930 GMT, after last...
by agm | Oct 25, 2012 | news
Silver is still headed up. Moving up slightly to $31.90 on Wednesday morning, the precious metal eyed a statement from the Federal Reserve coming later in the day following a two-day policy meeting. Investors have been buying up the resource as a safe haven in the...
by agm | Oct 19, 2012 | news
Even though we have presented comparable scenarios looking at the coverage of the US money base in gold terms previously, aka “gold coverage” ratio, including once from Dylan Grice, and once from David Rosenberg, now that we have drifted into a new,...
