Reuters(London) reports gold prices falls a month low as investors sell off commodities. Spot gold <XAU=> fell to a session low of $792.50 an ounce, before bouncing back to $801.10/804.10 at 1443 GMT, against $848.00 in late New York trade on Wednesday. For complete story, click this link. Follow developments in gold mining and exploration [...]
By Dave Brown – Exclusive to Gold Investing News The old trader’s maxim – First Move, Wrong Move - is often used to describe the absolute despair and euphoria which tend to coexist in the world of behavioral finance, manifesting themselves in market activity. The observations of last week-end and the start of this week suggest that perhaps [...]
By Dave Brown – Exclusive to GoldInvestingNews.com Friday marked the 35th anniversary of the death of the famous Austrian economist, Ludwig Von Mises, who once wrote, “do the American voters know that the unprecedented improvement in their standard of living that the last hundred years brought was the result of the steady rise in the [...]
By Dave Brown – Exclusive to Gold Investing News The U.S. Federal Reserve said it will circumvent troubled banks in order to lend directly to American corporations for the first time since the Great Depression, in addition to implying further rate cuts; combining for a blend of both traditional and more innovative approach [...]
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 [...]
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 [...]
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 [...]
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