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 The figures speak for themselves. Gold is looking hesitant as it continues to correct its recent run to the upside. Gold price suffered its worst day of 2010 as the price plunged $23.99 to $1,127.72 per ounce on January 12, on news of China’s central bank moving [...]
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, [...]
By Kishori Krishnan Exclusive To Gold Investing News Its sabre rattling of the worst kind. Trade friction between the United States and China has reached gigantic proportions. And gold appears to be caught right in the middle of these heavyweights doing their dance routine. Americans are increasingly disturbed by the growing economic clout of China. [...]
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 Ho…Ho…Ho…and you thought gold was hot, and that your passion for the king of metals would give you enough reason to cheer, by the end of the year? You thought wrong. If the Dubai crisis has not helped shape your mind about the economic train wreck headed [...]
By Kishori Krishnan Exclusive To Gold Investing News The gold bugs are running scared. Unable to trade, lacking any clear direction, they have turned cautious and prudent. They are clearly running for cover. News of Abu Dhabi’s largesse gave an instant boost to Asian bourses. Not so for Greece, with its deteriorating public finance situation. [...]
By Kishori Krishnan Exclusive To Gold Investing News Its all in good faith. To get the US economy back on track. President Barack Obama is expected to meet with chief executives of 12 major banks on Monday and is expected to urge them to lend more money to help promote economic recovery. Monday’s discussions of [...]
By Kishori Krishnan Exclusive To Gold Investing News We would love to say we told you so…that gold, which was soaring to giddy heights, was all set to slump. It did. On Friday. Gold price, which has been trading at record levels lately, had its biggest one-day drop in a year Friday. The yellow metal [...]
By Kishori Krishnan Exclusive To Gold Investing News The rising gold price has gone through “disbelief, acceptance and now optimism. The next stage,” according to DundeeWealth Inc chairman Ned Goodman, “will be euphoria, leading to the mother of all bubbles.” Though the veteran fund manager was speaking to a group of analysts about the bullish [...]
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