Apr 14, 2011 | Uncategorized
Many investors hold the theory and understanding that gold and silver typically moves upward when stocks move down. Today exemplifies that school of belief, as gold and silver rallied against sagging stocks, even the intraday record of $1,478 an ounce. when and if...
Apr 14, 2011 | Uncategorized
According to The Wall Street Journal, independent metals consultant group GFMS Ltd. predicts the price of gold to pass $1,600 an ounce before the end of this year due to “probable spreading of the government debt crisis from Europe to the U.S. and Japan”...
Apr 8, 2011 | Uncategorized
Investors flocked towards precious metals, thrusting gold closer to $1,500 and silver to over $40 an ounce today as worries over the devaluation of the US Dollar, possible inflation, and impending government shutdown flooded the news. Excerpt: Gold notched its biggest...
Apr 5, 2011 | Uncategorized
Investors flocked towards gold and silver today, pushing the prices higher as Europe’s financial concerns and violent uprisings of the Middle East and North Africa overshadowed other international investment news, including the raise of interest rates in China...
Apr 5, 2011 | Uncategorized
According to Frank Holmes, chief executive and chief investment officer of commodities firm U.S. Global Investors, growing economies in especially China and India will drive commodities such as gold to double in five years. In a more recent forecast, Holmes predicts...
Apr 4, 2011 | Uncategorized
CNBC reports that gold could gain $400 or 30% by the end of 2011. Further, according to Ben Davies, Director and CEO of Hinde Capital: “…with just 0.7 percent of global assets invested in gold, the precious metal remains under-owned. “With the end of...
