Popular Gold News

Popular News
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...

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 advanced, erasing an earlier loss in the Standard & Poor’s 500 Index (SPX), as a rise in jobless claims was offset by better-than-estimated data on leading indicators and Philadelphia manufacturing. Travelers Cos. gained 3.8 percent as earnings more than doubled on lower claims costs tied to natural disasters. Supervalu Inc. (SVU) jumped 3.9 percent as the grocery store chain said it has received interest from several parties amid… 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...
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...

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...

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...
A new U.S. employment report came out earlier today and the data shown was not as expected, as a slowdown in the labor market caused gold to experience a drop and finish the week with an overall 1.6 percent loss. The yellow metal actually moved up shortly after the jobs report came out, but that proved to be short lived as the metal fell quite a bit to head into… Read more...

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...

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...