by agm | Mar 24, 2013 | news
Confiscation — both direct and indirect forms — and market manipulation tend to go hand in hand when it comes to forecasting the silver market’s future. Furthermore, ongoing silver pricing issues include the overwhelming concentration of silver shorts, as bullion...
by agm | Mar 16, 2013 | news
Turkey’s move one and a half years ago to allow commercial banks to count gold deposits toward their reserve requirements potentially could be emulated by other central banks, and if so, would mean a “renaissance” of gold as a monetary asset, a New York-based...
by agm | Mar 8, 2013 | news
There is only one thing you need to know about finance: the stock market is not the economy. This is worth remembering, because the stock market has been turning in some seductive performances, while the economy has been languishing. The Dow Jones Industrial Average...
by agm | Mar 6, 2013 | news
Some people may look at the stock market and see economic recovery. Eric Sprott of Sprott Asset Management and Sprott Money looks at myriad other economic indicators and sees an economy still in decline. Despite his suspicions that central banks are keeping gold...
by agm | Feb 26, 2013 | news
Trading precious metals over the COMEX entails numerous risks and is a tool used by the power elites to manipulate the gold market. We at Global Gold are therefore convinced that when it comes to gold, nothing comes close to holding the physical and unencumbered...
by agm | Feb 25, 2013 | news
Peter Schiff, CEO of Euro Pacific Capital, isn’t backing off his bullishness toward gold, despite the fact that it has dropped 6 percent so far this year. Spot gold hit a seven-month low of $1,554.49 an ounce Thursday amid speculation the Federal Reserve would cut...
by agm | Feb 20, 2013 | news
Rates are rising, and lawmakers are brawling over budget cuts. Fear is in retreat, and gold is getting kicked to the curb. Even the chartists are piling on the precious metal today, noting the occurrence of gold’s first death cross in over a year, as the spot...
by agm | Feb 15, 2013 | news
We just attended a webinar organized by Eric Sprott and his respected partners John Embry and Rick Rule. These are well-known names within the precious metals community, partly because of their huge success but also because of their physical trusts (ETF’s) which...
by agm | Feb 7, 2013 | news
As gold prices hit a 2012 record of $1,787.40 per ounce on Friday, Bank of America Merrill Lynch analysts said the precious metal could soar to $3,000 or even $5,000 over the longer-term. “We will be focusing in on gold. Ultimately we think gold can trade between...
by agm | Feb 7, 2013 | news
For the month, the falls yesterday led to gold being 0.4% lower in dollar terms in January. It was also lower in euro terms but eked out strong gains against the pound and Japanese yen both of which saw falls on international markets. On the week, while gold is lower...