Ibtimes reported on Gold Resuming its Historical Monetary Role – as the Anti-Currency: Each year for the past three years, I have returned to share perceptions about the precious metals industry and specifically about gold.Generally, this forces me to step back and assess the previous year’s events and then to speculate about what they may [...]
Marketwatch.com reported Why gold’s rally may be a short one: Gold does well when monetary and fiscal policies are poor and does poorly when they appear sensible. Gold did very well during the Great Depression when FDR debased the currency. It did well again in the money printing 1970s, but collapsed in response to Paul [...]
On Wednesday, Gold value recovered some early losses as the dollar weakened against the euro, but prices remained under pressure on caution ahead of Federal Reserve Chairman Ben Bernanke’s congressional testimony. The press release is quoted as saying: The metal hit its weakest since February 12 at $1,089.45 an ounce after a break of key [...]
Premium Exploration Inc. (TSX VENTURE:PEM) announced that assay results have been received from the final three holes of the Phase-Two drill program at the Friday-Petsite gold project in central Idaho, USA. The press release is quoted as saying: Premium Exploration Inc. (TSX VENTURE:PEM) explores and develops North American gold, silver, Platinum and Palladium. Click here [...]
Gold Resource Corporation (GRC) (OTCBB:GORO) (FRANKFURT: GIH) announced an additional drill rig to accelerate exploration at its El Aguila Project, located in Oaxaca, Mexico. The press release is quoted as saying: Gold Resource Corporation is a mining company focused on production and pursuing development of gold and silver projects that feature low operating costs and [...]
GlobeStar Mining Corporation (TSX:GMI) reported highlights of its operating results for the three months and twelve months ended December 31, 2009. The press release is quoted as saying: GlobeStar Mining Corporation is a Canadian-based mining and exploration company producing copper, gold and silver at its Cerro de Maimon Mine in the Dominican Republic. GlobeStar is [...]
Thedailygold.com reported on Gold and Silver: Where Do We Go From Here? Asset markets, whether it is stocks, commodities or precious metals have been dominated recently by their inverse relationship with the US dollar. A recent rally by the dollar has allowed these asset classes to take a breather and find their respective support levels. [...]
International Millennium Mining Corp. (TSX VENTURE:IMI)(FRANKFURT:L9J) announced further to its announcements on February 11, and 12, 2010,that the Company has closed a $350,000 private placement. The press release is quoted as saying: International Millennium Mining Corp. is a mineral exploration and development company engaged in acquiring known small mines world-wide and in the exploration of [...]
Eurasian Minerals Inc. (TSX VENTURE:EMX) reported the signing of an Equity and Warrant Subscription Agreement for an approximately US$5 million investment by IFC, a member of the World Bank Group. Closing is expected to occur by the end of March. The press release is quoted as saying: EMX is a TSX Venture Tier 1 company [...]
Rye Patch Gold Corp. (TSX VENTURE:RPM)(OTCBB:RPMGF) announced final assay results from the 2009 Wilco drill campaign. The press release is quoted as saying: Rye Patch Gold Corp. is a Tier 1, Nevada-focused and discovery-driven company seeking to build a sizeable inventory of gold and silver resource assets in the mining friendly state of Nevada, USA. [...]
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