Popular Gold News

Popular News

Gold Remains Steady Heading Into the Weekend

Friday, 18 January 2013
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Published in Gold Investing
Gold remained steady today heading into the third weekend of January as little news hit the wire that caused any kind of stir. The yellow metal was down, but just over a dollar, as investors and traders chose to keep things quiet today and see what develops next week as we start to head into the second month of 2013. Read more...
Any hopes for recovery for Europe’s faltering economies suffered a series of blows Wednesday following the latest round of bad news from the debt-ridden region. Read more...
As orders from food makers have picked up during the past year, Create-A-Pack Foods Inc. turned to a staffing company, Kelly Services Inc. (KELYA), to add about 100 workers. Hiring on a temporary basis saves money if an employee doesn’t work out and expands recruiting beyond Create-A-Pack’s Ixonia, Wisconsin, headquarters, Chief Executive Officer Glenn Cochrane said. Read more...

Central Banks Look to Build Gold Reserves

Thursday, 14 March 2013
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Published in World Economy
Central Banks have a choice to make. They either need to buy and sell gold, or start looking into building gold reserves. This will help their situations in the long run and add to their non-Dollar and non-Euro assets. This according to a new study from gold-market development organization the World Gold Council. Read more...

Why Gold Remains a Sound Investment In 2012

Sunday, 24 June 2012
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Published in From The CEO
“Paper is poverty,… it is only the ghost of money, and not money itself.” Fascinating quote, isn’t it? It’s a statement that could easily have been made by George Soros, Ron Paul or even Alan Greenspan -- gold aficionados all of them. But this particular quote hails from a much earlier source. It happens to be taken from a letter Thomas Jefferson wrote in 1788 to Colonel Edward Carrington– a… Read more...
U.S. stocks are beating every major asset class for the first time in 17 years even as economic growth weakens and profits rise at the slowest rate since 2009. The Standard & Poor’s 500 Index has rallied 14 percent in 2012, beating Treasuries, corporate bonds, commodities, the dollar and equities in Asia and Europe, data compiled by Bloomberg show. The last time that happened, in 1995, the S&P 500 was… Read more...

Gold on the Ropes, but Not Yet Down and Out

Friday, 10 August 2012
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Published in From The CEO
Gold is straining investors’ patience.  It clings tightly to the ropes, but the referee hasn’t stopped the fight yet.  The Fed posturing of the last several months has failed to materialize into a third round of quantitative easing here in the states, an event we know will not only pull gold off the ropes, but will enable it to triumph.  The yellow metal has endured more than its share of… Read more...

Are Greece and Spain The First Dominoes?

Tuesday, 04 September 2012
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Published in From The CEO
In the global business section of The New York Times a few days ago, there appeared a story about a thirty-eight-year-old executive from Spain who abruptly removed all his funds from  Spanish banks, packed his bags, and with his family in tow, expatriated to Cambridge, England.  Many in Spain who can are now doing the same thing.  Read more...

The Gold Capitol of the World

Thursday, 17 January 2013
Written by
Published in World Economy
If there’s a contemporary city capitol for gold, it’s Kerala, India. Some might think that New York should wear such a crown, with Wall Street, the Federal Reserve and other massive stores of wealth on the island. However, though such wealth is clearly evident in the Big Apple, the prevalence of gold among the populace doesn’t hold a candle to Kerala. Not a small city by any stretch, Kerala’s 33… Read more...
Gold prices surged up for the second straight session, while platinum was also strong, actually surpassing the yellow metal in price for the first time since March of 2012. Gold may continue to experience price spikes this week as we take in the news that the monetary stimulus programs will remain in place for the time being.Gold for February delivery was up again, this time by $12.20 to come in… Read more...