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The gold price broke below key support at $1,180 this morning, hitting its lowest since July 2010, after the dollar rallied further on news that Japan will aggressively expand its stimulus measures. The spot gold price hit a low of … Continue reading
Mark O’Byrne makes some very good points in the following article on how, despite staggering demand for silver, the price is falling. Read on to learn more about Mark’s findings. Read the blog here. Bullion prices might be moving sideways, … Continue reading
GOLD BUYING by central banks has continued ahead of recent averages in 2014, according to several analysts’ notes. “Central banks remained firmly on the buy-side of the gold market” in the first half of the year, writes Macquarie Bank analyst Matthew … Continue reading
A majority of economists believe the Federal Reserve is doing the right things to help repair the U.S. economy, according to a survey released Monday by the National Association of Business Economists. The survey also showed that a vast majority … Continue reading
On the surface, there have been some unsettling bits of news coming out of the gold and silver markets, despite an overall unmoved price. Day-in, day-out, for awhile, the gold price has been a BIG yawn…but this might be getting … Continue reading
Concerns abound throughout the gold market regarding gold holdings in various vaults held around the world, from England to New York. Many European countries, like Germany, have demonstrated concern regarding whether or not the New York Federal Reserve Bank is … Continue reading
First, the World Bank warned about a coming economic crisis. Then the International Monetary Fund warned about the global housing crisis. All in one week. Should investors begin embracing? After all, the stock markets have begun to top, or so … Continue reading
The European Central Bank’s unprecedented moves made waves across Europe last week. European savers have received increasingly dismal news regarding the safety of their savings in recent months, only underscored by the recent decision to slash rates. ECB president Mario … Continue reading
Trading action since Friday has resulted in depressed metals prices as the $15 gold increased on Friday was wiped out and then some by Monday. Investors for much of the week focused on riskier bets.