…Kyle Bass, the Dallas hedge-fund manager, urged overseers of Texas (STOTX1)’s state university endowment, the second-largest U.S. college fund, to stick with a $1 billion investment in gold bullion even as the fund’s assets decline.
“I’m against selling any of
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…Let’s figure out if there is any other valuable thing beside Gold that is preferred more for storing wealth?
In my opinion, I don’t really think that stocks, bonds, real estate or any other thing now a days can be
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With the environment in the forefront of businesses, jewelry manufacturers must reduce environmental effects. This infographic shows the life cycle of gold and ways to reduce environmental impact.
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According to a new and yet unconfirmed report, India bought oil from Iran using gold. India certainly has the gold resources to fund the oil, while Iran is under pressure by the West, due the continuation of its nuclear program.…
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…Most of the economists – or would I be labeled as ‘sarcastic’? If I say all the top economists from renowned universities disagreed the idea of Ron Paul of restoring the gold standards. None of the experts, not even 1%
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Gold Rises for Fourth Day – IMF $500 Billion Hopes Create Concerns…
Gold’s London AM fix this morning was USD 1,664.00, GBP 1,076.53, and EUR 1,289.62 per ounce.
Yesterday’s AM fix was USD 1,657.00, GBP 1,077.09, and EUR 1,290.80 per
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…At the current price of gold, the total value of all the mined gold in the world is still less than the US national debt. China produces more gold than any other country and India consumes the most gold. According
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Short run
Intermediate
Long Run
Nominal
Real
Nominal
Real
Nominal
Real
Stocks
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-
+ small
- big
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0
Bonds
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0
0
0
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0
Cash
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-
+
-
+
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Gold
0
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+ small
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By Rhiannon Hoyle and Francesca Freeman
There are few assets that stir up the emotions quite like gold. Love is declared using it, nations have fought wars over it; even its categorization as a “precious” metal puts it into a
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Video:
Partial Transcript:…
“We’ve been buying – personally I have been buying particularly in the mining stocks which I think have a lot of value. I was very bullish on gold for 2011. This time 2010. And for most of
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…It wasn’t a fun week for gold. By the close on Friday, the metal was down 6.7% (based on London PM fix prices), the biggest weekly decline since September. It got downright irritating when the mainstream media seemingly rejoiced at
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…“Gold again proves it is not the safe haven many had hoped for, breaking the 200-day moving average, the first time since 2009 and signaling that prices may drop to US$1400/ounce.” So begins a post by a “market strategist” from
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Eric Sprott with Sprott Asset Management discusses how Canada sold all of its gold and how that decision will impact the country.
video:
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…Marc Faber on Gold in an interview to Bloomberg Radio said that an increasing number of investors are becoming aware that government bonds are not as safe as they may have thought originally, and they are moving probably money out
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