Real News reports an interview with Paul Jay. PAUL JAY, SENIOR EDITOR, TRNN: Well, of course, I’m called upon to speculate here, but I think that there’s enough information to have [what] I guess one could call an informed speculation. There’s no—I don’t have evidence that I would talk to anyone who is sitting in [...]
By Kishori Krishnan Exclusive To Gold Investing News Here we go again – is gold price in for a slide or a rise? Wednesday morning the gold price fell through $1,120 per ounce, its worst decline in 2010, as a marginally weaker US dollar was unable to buoy the price of gold. Throughout the day, [...]
Overview Habanero is a diversified junior company that is one of the largest landholders in the Yukon bordering Underworld Resources; now has now made applications to become one of the largest land holders within land prospective for lithium in Alberta and has significant acreage in the Alberta Oil sands. Highlights Acquired 5,400 Contiguous Hectares in [...]
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 [...]
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 [...]
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 [...]
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, [...]
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 [...]
Besides profit taking, weaker oil prices put pressure on gold, but dealers said investors were happy to buy on dips. Gold has bounced more than 20 percent since falling to a 13-month low around $680 in October, but it was still below a lifetime high of $1,030.80 struck in March. For full story, click here
By Kishori Krishnan Exclusive to Gold Investing News It’s very grim. Shedding its workforce at the fastest pace in 34 years, the US employment scene has become very grim. The tally of year-to-date lost jobs has now reached the 2 million figure. Not surprisingly, the number of homes in foreclosure neared 3 per cent in [...]
Thursday, June 17, 2010