by agm | Jun 29, 2012 | news
Gold has been called many things over the past several years. The shiny yellow metal is seen as a safe-haven to some, but a barbaric lifeless asset by others. In short, gold has trouble receiving a wide range of support as a key player in the global financial system....
by agm | Jun 25, 2012 | news
Chris Powell, Secretary and Treasurer of the Gold Anti-Trust Action Committee told Bernie Lo on CNBC Asia overnight that central banks are continuing to manipulate the gold market as they are interested in supporting government bonds and the dollar and keeping...
by agm | Jun 25, 2012 | news
Despite what the Main Stream Media (MSM) or “Financial Pundits” tell you, the gold bull market is far from over. In fact, it is just starting, in our opinion. While the misdirected financial world tell you that gold is in a bubble and it has burst, the central...
by agm | Jun 25, 2012 | news
Gold prices were higher Monday as gold offered a haven for investors amid sluggish U.S. economic indicators. “I wouldn’t be surprised if we see a little bit of short-covering today, if we don’t get the extension downward a lot of it is looking at...
by agm | Jun 21, 2012 | news
Some of the world’s biggest banks were downgraded Thursday by rating agency Moody’s, which cited concerns about the stability of the global financial system. Moody’s cut the ratings of 15 financial institutions after U.S. markets closed Thursday,...
by agm | Jun 20, 2012 | news
If the Fed does decide to follow through with proposed measures that would initiate a third round of quantitative easing, investors will need a hedge. Per usual, the hedge of choice will be the precious yellow metal. The Societe Generale Group issued a research note...
by agm | Jun 20, 2012 | news
Rather than doing nothing, the Federal Reserve decided Wednesday to do as little as it possibly could. The Fed’s decision to extend its “Operation Twist” economic stimulus program represents the path of least resistance for a central bank contemplating a raft of...
by agm | Jun 14, 2012 | news
So we have our bankers telling us that both their paper bonds and paper currencies are “safe havens”. Meanwhile, 1,000+ years of our own history tells us that both forms of paper are certain to end up totally worthless. Obviously treating $10’s of trillions in...
by agm | Jun 11, 2012 | news
Gold-investment demand in China may gain more than 10 percent this year as buyers seek a haven from Europe’s debt crisis and the prospect of weakening currencies, according to the country’s largest bullion bank. “Investors here want to hold part of their assets in...
by agm | Jun 6, 2012 | news
After the $1 bn purchase of gold bullion in 2011 April by the University of Texas Investment Management Co, large institutional investors were largely absent from the market. Now, the Financial Times has reported that Okayama Metal and Machinery has become the first...