By Kishori Krishnan Exclusive To Gold Investing News The Emperor is naked. The debt of the US government is turning out to be in fact irredeemable. And gold is poised to break out. Remember, gold outperforms in a crisis. The inconspicuous beginnings of irredeemable debt have blossomed into a colossal edifice in the United States, [...]
By Kishori Krishnan Exclusive To Gold Investing News The numbers have come in. Treading gingerly but showing the way, Rio Tinto, the international mining group that combines Rio Tinto plc, listed on the London Stock Exchange and Rio Tinto Limited, listed on the Australian Stock Exchange, has reported a pre-tax profit of US$ 7.86 billion [...]
By Kishori Krishnan Exclusive To Gold Investing News The bears appear to be moving in. Eager to retain their stranglehold on bullion, the bears are placing gold in a very vulnerable position at this point. Though gold posted its biggest rally since October on Monday, with spot gold trading at $1,105.13, up 2.25 per cent, [...]
By Kishori Krishnan Exclusive To Gold Investing News Its bargain hunting time. Gold continues to be the bright spot in the bullion market, with many investors timing the dips as a good opportunity to buy more of the precious metal. For the first time in four days, gold gained in New York on speculation that [...]
By Kishori Krishnan Exclusive To Gold Investing News Gold miners are adding to their reserves. And fast. Given the strong metal prices, precious metal miners are using their cash flow from existing operations to pay for new acquisitions. Especially Vancouver-based miners, who are now aggressively pursuing growth projects. Most have realized one thing – that [...]
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 [...]
Sunday, February 14, 2010