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 [...]
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 [...]
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 [...]
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 [...]
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, [...]
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 [...]
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. [...]
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 [...]
MarketWatch reports gold prices falls for the first time below $800 per ounce as investors look for cash. Also pushing gold prices lower were news reports that central banks were selling gold. The latest weekly data from the European Central Bank showed 7.6 tons of gold was sold during the week ended Oct. 10, according to Bloomberg, [...]
Mineweb(Editorial) reports gold has lost about 5%, lowest in this month with fears of global markets unstability. On Thursday, the dollar gold bullion price lost USD 40 an ounce, within minutes, shortly after trade started up in the Americas. The price plunged through the USD 800 an ounce level, before bouncing up a bit, and then fell [...]
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