For years while the equities market was hot, many investors stayed away from gold, thinking it a poor investment. However, given recent events, including a weakening dollar and the potential for stimulus/bailout induced inflation, many of those investors are now looking to gold as a long term safe haven. In response, for 2009 The MoneyShow [...]
Continue reading "Focus on Gold – Las Vegas Money Show"
Monday, April 13, 2009
By Kishori Krishnan Exclusive To Gold Investing News U.S gold futures slipped early Thursday as some investors unwound their safe-haven play when the dollar strengthened and equity markets firmed, following positive earnings news and improved economic prospects. Gold for June delivery GCM9 lost $6.50 to $879.40 an ounce on the COMEX division of the New [...]
Continue reading "Propitious Conditions For Gold"
Tuesday, March 31, 2009
By Kishori Krishnan Exclusive To Gold Investing News The United States is firing up the printing presses. This desperate move means the value of the dollar is destined to disintegrate. What this also means is that gold will decline on a muscular US dollar, profit-taking, technical selling and potentially deflationary economic data. The yellow metal [...]
Continue reading "Muscular Greenback Edges Out Gold"
Wednesday, March 25, 2009
By Kishori Krishnan Exclusive to Gold Investing News Feeling risky? Buy gold. It’s all about the risk factor these days, as investors square their positions following a massive rally on the stock market. Ever since stocks soared on Monday, driving the Dow Jones industrials up nearly 500 points, after the government announced details of a [...]
Continue reading "Increase Risk Appetite For Gold"
Tuesday, March 24, 2009
Allied Nevada Gold declared that it is planning to commission its mining and processing operations by mid- 2009, having produced its first gold at the Hycroft mine in 2008. For full story, click here
Continue reading "Allied Neveda Gold to commence mining operations this year"
Tuesday, March 24, 2009
China’s largest gold producer, Zijin Mining Group Co, surged 9.97 percent to 10.92 yuan after profit rose 20 percent. For full story, click here
Continue reading "Zijin Mining climbed 9.97 percent"
Tuesday, March 24, 2009
The Africa gold mining giants, AngloGold Ashanti, has been ordered by Guinea’s military junta chief, Captain Moussa Dadis Camara to shut down its operations in Guinea after the company’s director failed to attend the meeting of mine executives. For full story, click here
Continue reading "AngloGold has been ordered to shut mine in Guinea"
Tuesday, March 24, 2009
The New Zealand businessman behind a proposal to commence a gold mine in the Central Guadacanal Province of Solomon Islands has defended his project from union criticism. For full story, click here
Continue reading "New Zealand businessman guards proposal for Solomon gold mine"
Tuesday, March 24, 2009
Lake Victoria Mining and Kilimanjaro Mining have signed a non-bidding letter of intent in a bid to establish a new gold property in Tanzania. For full story, click here
Continue reading "Lake Victoria signs letter of intent to establish gold project"
Tuesday, March 17, 2009
By Kishori Krishnan Exclusive To Gold Investing News The writing is clear on the wall, according to some experts. Author of Gloom, Boom & Doom report Marc Faber has said the rally in the US markets is likely to continue till April-end, but was quick to add that a total collapse is seen by the [...]
Continue reading "Gold the only credible currency"
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Monday, May 4, 2009