Fed Stopping QE Stimulus? Gold Falls

Jun 02, 2013

Is the US Federal Reserve stopping monetary stimulus? Investors are afraid they are, and as a result Gold prices are falling to a 2-week low and down 17% so far in 2013. The US economy is getting stronger, climbing out of the current recession, which may signal that the US no longer has the need […]
Read more

Buy Gold Options

Apr 28, 2013

Online trading broker AvaTrade now offers gold call and put options on gold, silver, and all the forex. Options are advanced trading tools where you purchase the right to buy an instrument at a pre-set price, but are not obligated to buy. You are locked in arthritis “strike price” so these can be extremely useful […]
Read more

Trade Oil Online with AvaTrade

Apr 22, 2013

AvaTrade is the most advanced crude oil, commodities like gold and silver, and forex, broker online. You can instantly buy and sell gold and other commodities, trading on high leverage. The advantage of leverage is that a $100 investment in crude oil is really worth $10,000, so you can buy about 110 barrels of oil. That’s right, […]
Read more

Trade Gold Online with AvaTrade

Apr 22, 2013 No Comments

AvaTrade is the most advanced gold, commodities like crude oil and silver, and forex, broker online. You can instantly buy and sell gold and other commodities, trading on high leverage. The advantage of leverage is that a $100 investment in gold is really worth $20,000, so you can buy about 13 ounces. That’s right, 13 […]
Read more

Buffett Makes Fun of Falling Gold Prices

Apr 18, 2013 No Comments

Warren Buffett, the head of investment firm Berkshire Hathaway and arguably the world’s best investor made fun of falling gold prices today, as gold hits a 2-year low. Many hedge funds – Buffett’s rivals – have experienced big losses this week. John Paulson’s major hedge fund lost $1 billion this week in the fall. Buffett has strongly […]
Read more

How Much Gold Has The World Produced?

Apr 03, 2013 No Comments

How much gold is there in the world? Warren Buffett, arguably the world’s best investor, estimated that the amount of gold ever produced would total 20m2 – a cube measuring 20 meters by 20 meters. But now we don’t need to estimate any longer. Thomson Reuters GFMS – worldwide specialists of gold and silver data – have come out […]
Read more

Germany Bringing Their Gold Home

Jan 22, 2013 No Comments

Bundesbank, the German central bank, is bringing back 674 tons of gold currently held in New York and Paris. The move will take many years but is intended to increase public confidence in German economy. The gold bullion is work about €27 billion ($36 billion). Germany currently has 374 tons in Paris’ Banque de France s and […]
Read more

Hedge Funds Continue to Buy Copper

Sep 09, 2012 No Comments

Copper investors are the most optimistic in 11 months, as traders speculate that the US Federal Reserve with announce a new round of quantitative easing (QE3). Hedge funds are buying copper – the largest buys since May 2012 as London Metal Exchange warehouse stockpiles drop to their lowest level in 4 years. Currently, global demand […]
Read more

Silver Wheaton Buys More Gold and Silver Production Rights

Aug 09, 2012 3 Comments

Silver Wheaton has agreed to buy all of HudBay Minerals’ silver production and most of their gold production from 2 mines, paying $750 million plus royalties. The 2 mines in the agreement are HudBay’s 777 Mine in Canada, and the Constancia mine in Peru. Silver Wheaton is paying $750 million in addition to the cost of […]
Read more

Kinross Replaces CEO – Could This Signal a Takeover?

Aug 08, 2012 No Comments

Kinross Gold has announced the replacement of long-running CEO Tye Burt. Burt has been CEO since 2005, but had made some controversial decisions lately while share prices have fallen 34% in 2012. Paul Rollinson, formerly Vice President of Corporate Development, is taking over as CEO. Burt’s most contentious decision was the takeover of Red Back Mining […]
Read more

Language: