London Gold Market Report A HEAVY selloff during Asian trading on Monday saw the gold price hit a five-week low of $1492 an ounce – before staging a rally after London opened – while…
Month: June 2011
An Unusual Investment that Earns More as the Dollar Declines
Bob Bauman JD, Chairman, Freedom Alliance Dear Sovereign Investor, Business news reports describe how foreign exchange traders worldwide have abandoned their recent belief that the U.S. dollar was regaining some of its…
Mervyn King’s Spread Bet
By: Ben Traynor, BullionVault The Bank of England won’t raise rates until it knows it won’t make a difference… THE BANK OF ENGLAND is getting more dovish. It seems less inclined than…
Gold Loses 1.3% for the Week, Chinese Inflation “Controllable” But Demand for Gold “Will Get Stronger”
London Gold Market Report THE SPOT PRICE to buy gold traded in a tight range around $1520 an ounce Friday morning London time – 0.5% above its one-month low – having fallen in Asian…
Gold Drops 1.3% after QE3 “Disappointment”, But Faber says “Don’t Trust the Fed”
London Gold Market Report U.S. DOLLAR gold prices continued falling Thursday morning in London, hitting $1538 per ounce – a 1.3% drop from Wednesday’s high, and nearly back to where they started…
Gold Down vs. Dollar, Flirts with New Euro High as Greek Crisis Threatens to “Fall Through the Ice”
By: Adrian Ash, BullionVault London Gold Market Report THE PRICE OF gold eased back once again vs. the rising US Dollar on Thurday morning, but the price to buy gold for both…
Bernanke’s Credible Irresponsibility: The Logic Behind Cheap Money
By: Ben Traynor, BullionVault Does Ben Bernanke want us to trust him? Maybe not… IN THE murky realm of economic policy, things are not always what they seem. “When it becomes serious,…
Currency No.1
By: Adrian Ash, BullionVault Does Washington want to kill the Dollar’s No.1 status? It’s going the right way about it… SO the YIELD offered by 10-year US Treasury bonds just fell through…
Price of Gold Jumps After “Gold-Friendly Data” Shows US Economy “Can’t Stand On Own Feet”
By: Ben Traynor, BullionVault London Gold Market Report U.S. DOLLAR gold prices hit $1548 per ounce in Asian trading Monday – a near-one-month high, and a 1.8% gain on last week’s low –…
Gold Recovers 1.1% Weekly Loss On Weak US Payroll News, As Greece Agrees “Blackmail” Deal “That Will Turn Workers Into Modern Slaves”
By: Ben Traynor, BullionVault London Gold Market Report THE WHOLESALE market price of gold bullion leaped $10 per ounce to $1539 Friday lunchtime in London – recovering the last of this week’s 1.1% fall…