U.S. DOLLAR gold bullion prices climbed 1% Tuesday morning in London – reaching $1669 per ounce around lunchtime – while stock and commodity markets also regained some ground, despite mounting evidence of…
Month: December 2011
“Funding Stresses” as Gold Plummets, European Summit Deal “Shows a Lack of Progress”, MF Global Fallout Causes Confusion Over Who Owns Gold Bars
London Gold Market Report SPOT MARKET gold prices dropped to $1670 an ounce Monday lunchtime in London – 2.3% off last week’s closing spot price – while stocks and commodities also fell and…
What Is Backing Your Deposits in the Bank?
By Elliott Wave International Is the bank really the safest place to keep your money? Robert Prechter joins the Mind of Money host Douglass Lodmell to discuss what backs bank deposits and…
The Light Bulb Moment for the Eurozone
EWI’s free EU debt report sheds some light on what’s in store By Elliott Wave International How many European bankers does it take to change a light bulb? That’s a joke in…
Gold Nears Weekend 2% Down as UK Quits New European “Fiscal Compact”, Politicians “Expect ECB Action”
London Gold Market Report WHOLESALE MARKET gold prices fell back to this week’s low of $1705 per ounce Friday lunchtime in London, as Asian equities closed sharply lower but Eurozone and US…
He Chose Well
By: Paul Tustain David Cameron was today forced in Brussels to choose between the free market and the vanities of overreaching politicians… TODAY is a very sad day. We believe that the…
Obama Gets Real
By: Peter Schiff, CEO of Euro Pacific Capital For most of his time as a national political figure, Barack Obama has been careful to cloak his core socialist leanings behind a veil…
Bullion Rises in “Very Thin” Trade as ECB Cuts Rates, €200Bn Central-Bank Loan Rumored Ahead of EU Summit
London Gold Market Report THE WHOLESALE gold and silver price both continued to rise in London on Thursday morning, recovering the week’s earlier losses despite what dealers called “lethargic”, “thin” and “quiet”…
The Catfish, Your Savings & Japan’s Gold Coin Giveaway
Don’t be greedy, or a giant catfish might force you to spew out your savings… UNLIKE us – who are so smart today – ancient folk in ancient times used to believe…
Gold Rallies, Stocks Fall, ECB Borrowing “Positive for European Liquidity”, China “Facing Severe Trade Challenges” Next Year
London Gold Market Report SPOT MARKET gold prices jumped to $1737 an ounce Wednesday afternoon in London, as rumors continued to build of more aggressive monetary stimulus ahead of tomorrow’s European Central Bank…