by agm | May 1, 2012 | news
On the night of November 22, 1910 a delegation of the nation’s leading financiers, led by Senator Nelson Aldrich, left New Jersey for a very secret ten day meeting on Jekyll Island, Georgia. After the Jekyll Island visit the National Monetary Commission wrote the...
by agm | Apr 29, 2012 | news
The implications of China paying for Iranian oil in gold is the most important event in the modern history of gold: 1. It is reasonable to assume that China has been threatened with total or at least selective exclusion from the SWIFT system if it pays in any currency...
by agm | Apr 25, 2012 | news
Beijing’s plan to avoid newly implented U.S. financial sanctions may be why this is the best time in the world to buy gold. According to Forbes, Beijing will pay for Iranian oil with their gold. In the past few months, we’ve repeatedly reported on...
by agm | Apr 24, 2012 | news
China has been trying to diversify her foreign exchange reserves for some time. We are all familiar with the figures released by the likes of the World Gold Council about Chinese gold investment demand, as well as statistics showing official gold imports through Hong...
by agm | Apr 19, 2012 | news
Today I will talk about the most divisive asset class of them all– gold. Even though real estate has been crushed, the general thinking still is that real estate is a good long-term investment. Bonds are still a viable investment for many people, as evidenced by...
by agm | Apr 18, 2012 | news
Gold eased on Wednesday, having fallen for the past three trading days, as the euro came under pressure from continued worries about the euro zone. Across the broader markets, European shares fell along with the euro, while safe-haven Bund yields were steady on the...
by agm | Apr 15, 2012 | news
1. The word “gold” comes from the Old English word “geolu,” meaning yellow. 2. There is more steel created per hour than there has been gold dug up throughout history. 3. Around 161,000 tons of gold have been mined by humans. 4. Gold can be...
by agm | Apr 14, 2012 | news
U.S. stocks closed their worst two-week slide since November with a selloff on Friday as disappointing China growth data sparked worries the global recovery was flagging. Concerns that Europe’s debt crisis was flaring up again added to selling pressure. Sectors...
by agm | Apr 13, 2012 | news
Analysts say some anticipation of more Federal Reserve easing may be creeping back into the markets again and this, combined with gold’s ability to bounce from chart support at the recent lows, may enable the metal to rise over the next week. In the Kitco News Gold...
by agm | Apr 11, 2012 | news
Thomson Reuters GFMS figures gold potentially could fall below $1,550 an ounce over the next two months but also return to last year’s record highs before 2012 ends. The consultancy listed its outlook for the precious metal Wednesday in conjunction with the release of...
