Although forecasting the price of gold has recently become an activity that has enjoyed as much consideration as the universal pastime of speculation for gasoline prices at the pump, recent global conferences have attracted some interesting participants in projecting future gold price targets.
The first step in developing a gold mine is selecting an area for prospecting. While this may seem boring and irrelevant to an investor looking into gold miners, this preliminary phase is the very foundation of a successful mining venture.
By Kishori Krishnan Exclusive To Gold Investing News Gold slid marginally. As speculators offloaded their holdings of the precious metal to lock in gains after it climbed to a two-month high on Thursday and commodity prices slipped, gold declined to $961.16 an ounce on Friday. Not to worry though, for bullion, which touched $971.68 an [...]
By Kishori Krishnan Exclusive To Gold Investing News Speculation is rife: the slumping global economy is expected to reduce demand for commodities. Investor confidence is shaken: Citigroup, the second-largest U.S. bank by assets, looks at options, including a sale of parts of the company or a merger. In the midst of all this gloom, there [...]
Ottawa Business Journal reports Paramount Gold and Silver calms investors with its strong portfolio after the mining company’s stock plunged yesterday by more than 16 per cent. The Ottawa-based company saw its share price lose 25 cents to close at 74 cents on the Toronto Stock Exchange yesterday, prompting CEO Christopher Crupi to issue a statement affirming the company’s commitment [...]
BullionVault.com reports Gary Dorsch of Global Money Trends writes six central banks that oversee 40% of the world’s economy decided to slow their fast growing economies this summer in order to keep commodity prices in check. Their rapid fire tightening moves over the past two months contributed to the crash in the Gold Market since July 15th. India, the biggest consumer of [...]
By Dave Brown – Exclusive to GoldInvestingNews.com Following the wake of the announcement from the US Federal Reserve last week, fireworks are much more likely to be observed on main street rather than Wall Street, for both capital and commodities markets. Despite the reduced activity in the markets, strategists and politicians are still working hard [...]
Overview Avino Silver & Gold Mines Ltd. is a Vancouver based mining\exploration company focused on precious and base metals in Mexico and Canada. Avino is currently working to re-activate the Avino mine, an important historical producer of silver, gold, copper, lead, and zinc located in the Durango State of North Central Mexico. Current work is [...]
If you are like many people, the last time you read about commodities in the news was when Bre-X Minerals collapsed in 1997, after news broke that the company had falsified results and the gold they had reported was nowhere to be found. Thousands of investors all over the world lost billions of dollars and [...]
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