by agm | Aug 7, 2012 | news
The U.S. economy is “only treading water,” and the U.S. central bank needs to launch a sizable and open-ended asset-purchase program to spur demand, a Federal Reserve official said Tuesday. “The GDP reports have been disappointing, [and] my expectation is the second...
by agm | Aug 6, 2012 | news
* Quantitative easing hopes still alive after jobs data * Euro shakes off pressure, allowing gold to extend gains * Platinum maintains more than $200/oz discount to gold (Updates prices, adds comment) By Jan Harvey LONDON, Aug 6 (Reuters) – Gold prices rose on...
by agm | Aug 1, 2012 | news
A greater chance for monetary stimulus from the Federal Reserve should support gold prices, with the yellow metal seen rising to $1,700 an ounce in a month, said a Swiss Bank on Tuesday. UBS lifted its one-month forecast to $1,700, up from $1,550, and boosted its...
by agm | Jul 30, 2012 | news
It wasn’t really very much — gold measured by the floor close of the CME August gold contract ended the week up $35.2 or 2.22% — but it’s really got people excited. Particularly chartists. On Thursday, MarketWatch’s Mike Paulenoff asked “Is gold set to accelerate...
by agm | Jul 26, 2012 | news
Precious metals commentators (the legitimate ones) are continually striving to tear away the veils of deceit and propaganda, in order to present the global economy (and the world as a whole) in a realistic manner. This, in turn, is done in order to warn people of the...
by agm | Jul 24, 2012 | news
It is currently estimated that the largest 110 central banks have 16% of their reserves as gold. Anyone who follows the gold market knows that many central banks have become net buyers of gold in the last few years, and the pace of accumulation seems to be growing....
by agm | Jul 19, 2012 | news
The world is on fire, the banking system in total confusion and preparing for another great consolidation, Europe is teetering, and what does the Federal Reserve Chairman, aka “America’s Financial Academic,” decide to speak on during some collegiate lecture series?...
by agm | Jul 18, 2012 | news
In these pages we regularly mention the unique attributes of gold bullion investment, and how gold is able to diversify a portfolio like nothing else. We’ve cited a gold investment’s role in Harry Browne’s legendary Permanent Portfolio, the role gold has played in Jim...
by agm | Jul 16, 2012 | news
Merrill Lynch has added its voice to the chorus of gold bulls who have been predicting that bullion will hit $2000 an ounce. Francisco Blanch, Head of Global Commodity & Multi-Asset Strategy Research at the investment bank, says he expects the Federal Reserve...
by agm | Jul 13, 2012 | news
Demand and supply factors remain in gold’s favor. There is strong demand from store of wealth buyers in Europe, China, the Middle East and the rest of Asia – not to mention strong demand from institutions and central banks. A new trend seen in recent weeks is that of...
