By: Ben Traynor, BullionVault London Gold Market Report U.S. DOLLAR gold prices raced to $1778 an ounce Tuesday morning London time – a record high, and 9.6% up since Aug. 2, the day…
Month: August 2011
Gold Hits $1714, ECB is “Last Line” of Eurozone Defense, US Debt Plan “Falls Short” says S&P
By: Ben Traynor, BullionVault London Gold Market Report U.S. DOLLAR gold prices soared to a record $1714 an ounce in Monday’s Asian trade – up 3% from last week’s close – following Friday’s…
Gold Dips, Germany & ECB “Dragged” towards “Shock and Awe”, US Jobs News Positive
By: Ben Traynor, BullionVault London Gold Market Report U.S. DOLLAR gold bullion prices fell to $1655 an ounce Friday lunchtime London time – 1.6% off the latest all-time high set the previous day…
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Dear reader, I just received a rare opportunity to offer you free U.S. market analysis from the world’s largest market forecasting firm. I strongly encourage you to consider this offer. Other than…
Reinventing the American Dream, Abroad!
by Keven Kerr The late George Carlin, the outspoken and controversial comedian and modern day philosopher, said it best: “The reason they call it the American Dream is because you have to…
Gold, Medicare and Foreigners’ Money
Forty years ago this month the Dollar lost its link to gold. The result was a growth in entitlement spending… I was the one who let you know I was your sorry…
Gold Sets Dollar, Pound & Euro Records, “Growing Risk” of Eurozone Credit Crunch
By: Ben Traynor, BullionVault London Gold Market Report THE DOLLAR gold price set a new intraday record of $1672 per ounce Wednesday morning – a 2.7% rise from last Friday’s close. The gold price at…
When a Cut is Not a Cut
By: Dr. Ron Paul, U.S. Congressman One might think that the recent drama over the debt ceiling involves one side wanting to increase or maintain spending with the other side wanting to…
Debt Deal is a Blank Check
By supposedly compromising to raise the debt ceiling, Congress and the President have now paved the way for ever higher levels of federal spending. Although, the nation was spared the trauma of…
Gold & Silver Beyond The Limit
By Peter Schiff Perhaps the debt ceiling should be renamed the “national debt target,” for it seems Washington is always trying to reach it. One could say it’s their only reliable, time-tested…