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By Roman Baudzus |
January 23, 2012
With South Sudan's independence, Khartoum – seat of the northern government – has lost almost two thirds of its crude oil revenues. As a result, the North has been encouraging gold exploration and mining activities, in the hope of using this to compensate for the lost oil revenue.
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By Adrian Ash |
January 23, 2012
So the UK now owes – in total – more than five years' entire economic output. According to McKinsey & Co.'s new Debt and Deleveraging report, the gross sum of all loans and fixed-income debt of the UK national, corporate, household and financial sectors stood at 507% of GDP.
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By Frank Holmes |
September 28, 2011
This rare territory is often called "oversold" by traders and portfolio managers. That simply means too many investors have sold their holdings in a condensed timeframe, driving the price down more than its historical average.
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By Richard (Rick) Mills |
September 28, 2011
The Fed has been dumping billions of dollars into the US markets each and every trading day since late 2010. Because of this massive money creation the dollar became much weaker
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By Jon Nadler |
September 27, 2011
A day of recovery was apparently in the making in the precious metals markets as the complex opened solidly in the "green" against a pullback in the US dollar and rising optimism that Europe would live to see another day
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By Ross Norman |
September 27, 2011
Yesterday gold suffered a dramatic fall, losing $131 from its high in Asia at $1,663 to a low of $1,532 just ahead of the London opening - down 7.5%. Gold then promptly bounced and was last trading at $1,614
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By The Mad Hedge Fund Trader |
September 27, 2011
As recently as last week, I was savaged by the gold bug community forecasting that gold could touch $1,500 before resuming its assent toward my long term target of $2,300
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By Chris Vermeulen |
September 27, 2011
A few weeks ago I wrote about how gold was starting to top and that everyone should expect a very sharp drop to the low $1,600 area.
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By Amine Bouchentouf |
September 27, 2011
As the media would have you believe it, gold is on an unstoppable downward spiral and no one is ever going to buy gold again. That's utter nonsense
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By Ben Traynor |
September 27, 2011
Volatility remains high in the precious metals markets again today. Further concerns about European finances and an increase in margin requirements on the futures exchanges pulled the rug from beneath the metals prices
