by agm | Sep 25, 2012 | news
Silver’s not rallying slowly and quietly for long… According to Bloomberg, silver assets in exchange-traded products are about to set historic records on quantitative easing measures across the globe. In addition to our own Federal Reserve’s...
by agm | Sep 19, 2012 | news
When traders think the dollar’s in trouble their first instinct is to trade commodities. Suddenly a bid is put in for silver, gold, oil, copper, natural gas… basically anything bought and sold in International markets makes sense when the greenback is in...
by agm | Sep 19, 2012 | news
Money manager Peter Schiff says, “The stage has been set for a currency crisis and a sovereign debt crisis, and they’re going to come relatively soon.” Schiff says the latest round of “unlimited” money printing by the Fed has only “postponed the collapse.” Schiff,...
by agm | Sep 18, 2012 | news
There is not just a similarity in how gold and silver trade at the same time period, but also how they trade at similar milestones, despite the fact that those milestones are sometimes reached at different times. This can cause silver or gold to be the leading...
by agm | Sep 13, 2012 | news
The Federal Reserve, worried that improvement in the unemployment rate has stalled, announced a third, large purchase of bonds on Thursday in an effort to bring down long-term interest rates and spur growth. The Fed said it would buy mortgage-backed securities at a...
by agm | Sep 7, 2012 | news
Silver has been a top performer among major metals this year, and it looks set to continue to steal the spotlight from gold, with investment and industrial demand for the white metal expected to rise. “We could see a spectacular performance in silver” during the rest...
by agm | Sep 7, 2012 | news
According to the World Gold Council, Russia has more than doubled its gold reserves in the past five years. Putin has taken advantage of the financial crisis to build the world’s fifth-biggest gold pile in a handful of years, and is buying about half a billion...
by agm | Sep 6, 2012 | news
Gold edged up $3.50 or 0.21% in New York yesterday and closed at $1,695.30. Silver rose to $32.27 in Asia, slipped to $31.90 in London, and then hit a high of $32.40 in New York and finished with a gain of 1.84%. Gold edged down overnight, but is not far from the 6...
by agm | Sep 6, 2012 | news
Even the hardiest investors have been lamenting that gold prices have been stuck in a rut for a long time. Others with less experience have watched the market waiting for something to happen…. And as always, many bailed out of the market entirely, licking their...
by agm | Sep 4, 2012 | news
Bullion rallied to $1,698 per ounce, a level not seen in almost six months, after data showed manufacturing slowed in August, but it eased back after hitting technical resistance as it approached $1,700. Spot gold was up 0.14 percent at $1,694.1 per ounce at 1:59 p.m....
