By Kishori Krishnan Exclusive To Gold Investing News The news just gets better. Gold prices are set to hit $1,500 an ounce in the next 12 to 15 months, said Gary Dugan, the Chief Investment Officer of Merrill Lynch. Dugan termed his apprehensions of gold striking such a high as a ‘fear’ that may come [...]
By Kishori Krishnan Exclusive To Gold Investing News Canadian stocks posted a high on Thursday as gold prices steamed ahead and financials rebounded. Toronto’s main stock index was higher, lifted by strength in mining companies as gold prices got a boost from safe-haven buying. The resource-laden materials group rose 2.9 per cent and led the [...]
By Kishori Krishnan Exclusive to Gold Investing News Investment demand for physical gold remains strong as turmoil in the financial markets and fears over the outlook for the global economy boost the yellow metal’s appeal. Weakness in the banking sector, which saw Bank of America and Citigroup report large fourth quarter losses earlier on Friday, [...]
By Kishori Krishnan Exclusive to Gold Investing News Gold which has had a really powerful run in the last few days, slipped a little at the end of last week, as participants booked profits in thin trading conditions. The precious metal had ended 2008 trading up 5.5 per cent, its eighth consecutive yearly gain and [...]
Overview AMI Resources Inc. is a Vancouver, British Columbia based exploration and development stage company, which through its wholly owned operating subsidiary (Norcan Mining Corp.), has elected to concentrate its exploration activities in Ghana, West Africa. Ghana has a long history of gold production and with its stable political climate, Ghana makes for an excellent [...]
AXMIN Inc. informed that itformed a JV with Sabodala Mining Company SARL, a wholly owned subsidiary of Mineral Deposits Limited whereby Mineral Deposits may earn a 51% interest in AXMIN’s wholly owned gold exploration permits, For full story, click here For Mineral Deposits’ website, click here
Kootenay Silver Inc. is an exploration and mining Company focused on the exploration and development of its top priority Promontorio Silver Project situated within the mineral rich Sierra Madre trend of Mexico.
By Dave Brown – Exclusive to Gold Investing News The U.S. Federal Reserve said it will circumvent troubled banks in order to lend directly to American corporations for the first time since the Great Depression, in addition to implying further rate cuts; combining for a blend of both traditional and more innovative approach [...]
By Dave Brown – Exclusive to GoldInvestingNews.com “It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of Light, it was the season of [...]
By Dave Brown – Exclusive to Gold Investing News On Tuesday, U.S. Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke advocated rapid legislative approval of the plan for the Treasury to spend up to US$700 billion to obtain distressed assets from the banks. Questions about the oversight of the bailout- whether the proposal [...]
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