The fall is quickly approaching and Tuesday’s price action gave investors a slight tease of what the traditionally gold-friendly season has in store this year. The usual suspects—fear-induced investment demand and gold-hungry Asia—are still driving the gold bus home for the metal’s fans.
Continue reading "Gold Price on Track toward $1,300"
Wednesday, July 21, 2010
ABC News reported two hot stories developing in the gold coin biz this week including the launch of an investigation by California authorities into Glenn Beck-backed Goldline International and a lesser known dealer, Superior Gold Group, and outrage amongst gold coin sellers over a new tax law amendment that includes coin and bullion transactions.
Sunday, January 3, 2010
By Kishori Krishnan Exclusive To Gold Investing News Every gold bug would cringe at this. Fraudulent games have expanded in the gold market. There are toxic bonds and phony gold bars. What does one rely on? Several conspiracy theories abound about the massive gold-fraud orchestrated by central banks, and the fact that the US Federal [...]
Continue reading "Gold Scams Shortchange Investors"
Wednesday, July 8, 2009
By Kishori Krishnan Exclusive To Gold Investing News The price of gold slipped below $920 an ounce in Europe on Wednesday, as a firmer greenback hit demand for the metal, It did remain in a relatively tight range though. “As long as we stay between $915-940, gold is more or less stuck in a range [...]
Continue reading "Get Ready For The Rally"
Friday, April 17, 2009
By Kishori Krishnan Exclusive To Gold Investing News The recent rally in American and Canadian equity markets is soon to give way to a gut-wrenching collapse that will push equities to shocking new lows, with gold prices reacting by rallying to new highs. After having correctly anticipated the timing and extent of the March 9th [...]
Continue reading "Gold Price Under Pressure To Perform"
Thursday, March 12, 2009
By Kishori Krishnan Exclusive To Gold Investing News The dollar rose as did gold. Gold rose in Europe on Thursday as the world’s largest gold-backed exchange-traded fund’s holdings set a record and Wednesday’s equity rally fizzled out, boosting the appeal of gold as a safe investment. Spot gold rose to $913.15/$914.15 an ounce from $906.65 [...]
Continue reading "Gold Price Rebounds"
Monday, February 2, 2009
By Kishori Krishnan Exclusive to Gold Investing News Oil has reached its nadir. Even as investors remained timid after a U.S. Commerce Department report which showed the economy shrank at a annualized pace of 5.4 per cent in the October-December period – much faster than the 0.5 per cent decline logged in the prior quarter, [...]
Continue reading "Bad Economic Conditions, Good Times For Gold"
Friday, October 17, 2008
Seeking Alpha(Editorial) reports on gold and deflation in this current market turmoil. The question has been pouring in: “What happens to gold during a deflation? Of course, many of my readers are equally if not more interested in what happens to silver in a deflation as well. For complete editorial, click this link. Follow developments in [...]
Continue reading "Gold, silver and deflation"
Friday, October 17, 2008
Bloomberg.com reports equity markets and oil prices have dropped and gold demand has been reduced as a safe haven metal. Gold for immediate delivery fell $14.76, or 1.8 percent, to $789.84 an ounce as of 12:11 p.m. in London. The decline for the week is 7 percent, the most since the five days ended Aug. 15. [...]
Continue reading "Gold set for biggest weekly loss in 2 months on stocks, oil"
Thursday, October 16, 2008
Brigadier Gold Limited reports its extention of the gold zone in the M-Island Zone, Larder Lake project, Ontario. The extension to the gold zone, which was first identified in holes MI-08-05 and hole MI-08-06 (see news release dated August 13, 2008), was intersected in Holes MI-08-08 and MI-08-09. Hole MI-08-09 returned grades up to 35.93 g/t gold over [...]
Continue reading "Brigadier Gold extends gold zone"
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Tuesday, August 31, 2010