Tag Archive: Gold News
On Monday, the price of gold fluctuated on the NYSE as investors sought it as a safe haven due to concern regarding a faltering economic recovery. On August 19, gold futures reached their seven-week peak of $1,239.50, three percent below breaking a record. The gold price on Monday swung between a 0.2 percent loss and [...]
As the price of gold shoots toward the moon, some people question whether someone is behind the scenes pulling its puppet strings. The theory of manipulation regarding the gold price is nothing new. Those who believe in conspiracy theories have often said that governments and central banks have illegally kept the price of gold low [...]
Goldman Sachs raised its gold price target to $1,300 per ounce last week. In one of its recent reports, it gave a strong buy signal for the precious metal. This latest advice caused a brief increase in the spot price of gold due to unaware investors making purchases. Unaware because they are not familiar with [...]
In a recent interview with John Embry, Chief Investment Strategist with Sprott Asset Management, The Gold Report got his thoughts on gold and silver movement. He also spoke about debt default and hyperinflation. He pointed to the “greatest credit cycle in history” as resulting in the current economic state of the U.S. The country is [...]
Much of what passes for “insider” information these days is often conspiracy-edged or largely conjecture. True inside information is actually hard to come by. So what follows is the refreshingly candid and uncut version of my talk with a first-hand participant in the murky and little-understood world of gold bullion, mints, and bullion dealers. Customarily, [...]