By Dave Brown – Exclusive to GoldInvestingNews.com “It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of Light, it was the season of [...]
Continue reading "It was the best of times, it was the worst of times…"
Sunday, September 28, 2008
By Dave Brown – Exclusive to Gold Investing News The latest victim of the credit crunch was Washington Mutual Inc., a large Seattle based consumer and small business banking company that was established in 1889, as the Federal Deposit Insurance Corp. seized its assets on Thursday, selling some of it to JPMorgan Chase & Co. The [...]
Continue reading "WEEKEND WRAPUP"
Tuesday, September 23, 2008
By Dave Brown – Exclusive to Gold Investing News On Tuesday, U.S. Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke advocated rapid legislative approval of the plan for the Treasury to spend up to US$700 billion to obtain distressed assets from the banks. Questions about the oversight of the bailout- whether the proposal [...]
Continue reading "Bail us out, or else…."
Sunday, September 21, 2008
By Dave Brown – Exclusive to Gold Investing News For investors, the beginning of September saw negative news flow coming in, largely by way of physical storms originating in the Atlantic Ocean, leaving behind a wake of destruction in the Gulf Region. This week, however, saw a different type of storm originating closer to Atlantic [...]
Continue reading "WEEKEND WRAPUP"
Wednesday, September 17, 2008
By Dave Brown – Exclusive to Gold Investing News The financial markets have found themselves under tremendous downside pressure this week in the wake of the collapse of Lehman Brothers, and the crisis at AIG. Central banks have infused US$200 billion in order to alleviate some of the volatility. Leading the way, the European [...]
Continue reading "Flight to safety"
Sunday, September 14, 2008
By Dave Brown – Exclusive to Gold Investing News With most of Wall Street getting hammered this week by the consequences of the Freddie Mac and Fannie Mae episode, the continuing subprime mortgage legacy and Texas being pounded by Hurricane Ike, the epicenter for the gold industry was Denver, Colorado. Politicians gave way to industrialists [...]
Continue reading "WEEKEND WRAPUP"
Friday, July 25, 2008
Mineweb(Editorial) discusses gold and some of the big gold producers around the word. Your Kingdom for an ounce of gold? A refined ounce of gold may be a measurable and indisputable standard, but the sizes and qualities of Kingdoms around the world vary by vast degrees. In the gold producer market, valuations of listed stocks [...]
Continue reading "Aurelian to Kinross: who’s next in the gold accumulator?"
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Wednesday, October 1, 2008