By Peter Schiff, CEO of Euro Pacific Precious Metals From World War II until very recently, the West – specifically Europe and the United States – was on a course for greater…
Month: December 2011
“Political Volatility” Ahead as Merkel Heads to Paris, Indian Dealers Seeing “Virtually No Demand for Gold” Despite Wedding Season
London Gold Market Report THE DOLLAR gold price fell to $1731 per ounce by Monday lunchtime – 0.8% below where it ended last week – while stocks and commodities edged higher and US…
Bank of England Gives “Systemic Crisis” Warning, Germany’s Merkel says Eurozone “Will Take Years” to Solve Debt Problem, South Korea Adds to Gold Reserves
London Gold Market Report U.S.DOLLAR Gold Bullion prices eased back from a week’s high of $1760 an ounce Friday lunchtime in London – straight after the publication of US jobs data – before…
Prechter: “The Trend Is Exhausted”
Robert Prechter explains what’s the real problem with today’s market By Elliott Wave International What is the real problem with today’s market? Watch this excerpt from Robert Prechter’s special, video issue of…
Get Your Free Report: The European Debt Crisis and Your Investments
Dear Investor, In 1999, 11 European countries surrendered their currencies for the euro and a shared monetary authority. But as the world applauded, Elliott Wave International (EWI) forecast that those countries had…
Gift Wrapped Liquidity
Is the ECB about to give Europe’s governments and banks the biggest Christmas present of their lives…? WITH CHRISTMAS a little over three weeks away, the European Central Bank may be about…
Gold/Silver Ratio Jumps, ECB Points to Deflation Risk, as “Low-Growth Outlook” Defies Central-Bank Liquidity Move
London Gold Market Report WHOLESALE PRICES in the gold investing market continued to rise Thursday morning in London, extending yesterday’s 2.8% jump after the world’s biggest central banks offered unlimited short-term loans…
Where Would We Be Without Rules?
“Where would be if we didn’t have rules?” “FRANCE!” “And where would we be if we had too many rules?” “GERMANY!” – UK comedian Al Murray, the (very British) Pub Landlord “The…
Gold Jumps after Central Banks Launch “Prudent” Liquidity Measures, S&P Downgrades “Leave Banks Facing Short-term Funding Concerns”
London Gold Market Report U.S.DOLLAR gold bullion prices leapt 1.7% in 30 minutes Wednesday lunchtime in London – hitting $1744 an ounce – following an announcement of coordinated action from central banks worldwide…