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Market News: Tentative Signs of Life in Gold
With last weeks’ stock market decline, Brexit and Italian worries, and the general sense of rising unease, gold has finally caught a bid. Or has it? Yes, this morning finds gold above 1220 in
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Gold Prices: A Good Reminder for Traders
US markets had a terrible mid-week, with the Dow losing over 1300 points in just 2 days. International markets have also had a rough time, on top of a rough time – check out this daily
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Market News: Will Dow Jones Plunge Pop Gold?
By now you know the Dow dropped 800+ points yesterday as investors woke up to the reality of rising interest rates. One might say an 800-point drop in one day is overreacting, and it might be.
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Market News: Metals-Backed Cybercoin Halts Sales
Last year, several new cryptocoins emerged on the scene promising to right a major fault with the cryptos: the sense that they aren’t backed by anything. Other than the good looks and dashing charm of their
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Market News: Did China Link The Yuan to Gold?
We’ve talked many times about the ongoing China-US economic clash, and how many expect China to eventually link their yuan (CNY) to gold. There are signs that this may be happening now. The South China Morning Post
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International Gold: China Lowers the Reserve Requirement
This weekend China lowered the reserve ratio requirement for “some” banks, causing gold to go into a tailspin. It’s a bit of a complicated logic trail. But, let’s try to understand it. When a
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Gold News: Eric Sprott Sounds Off
Eric Sprott is a Canadian gold investor, according to popular descriptions. Yet Mr. Sprott is more than that. He’s also a walking history book for the precious metals sector. His company, Sprott Inc, manages
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Gold News: India Expecting High Sales
Heading into Diwali and the marriage season, initial projections from India suggest higher gold sales. And not only for the traditional gifting reasons. A higher rupee (due to the continuing currency decline) and the lack of performance
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Gold News: This Country’s Fears Are Boosting the Precious Metal
Just when everyone was ready to give up on gold – that “ancient relic” — suddenly rebounded back above 1,200. That’s right, gold popped back above $1200 USD per oz in early New York
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Gold News: 3 Under-the-Radar Places That Profited
In today’s gold news, it seems China and India aren’t the only countries who are going for it these days
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