-
By Ben Traynor |
May 14, 2013
"Due to U.S. dollar strength and record levels in European shares, gold has been losing its 'safe haven' appeal in recent days," says a note from German-based refinery group Heraeus.
-
By Mark O'Byrne |
May 14, 2013
The European Union will today meet to discuss and move forward the proposal to ‘bail-in’ depositors with savings of more than €100,000 as part of future bank wind-downs.
-
By Ben Traynor |
April 12, 2013
"Current momentum favors a test to the downside," say technical analysts at Scotia Mocatta, "but we would not expect significant liquidation until a break of $1,500."
-
By Austin Kiddle |
April 10, 2013
Barclays recently reiterate that the biggest short-term risk for gold prices will be gold-backed ETP outflows. Close to 18 tonnes of outflow occurred in the first week of April.
-
By Dr. Jeffrey Lewis |
April 8, 2013
The illusion of deposit safety continues to prevail among the population living in the United States, but does the Federal Deposit Insurance Corporation or FDIC offer a true guarantee for bank deposits?
-
By Dr. Jeffrey Lewis |
April 1, 2013
The latest financial progression of currency devaluation, asset confiscation, capital controls and ultimately political upheaval seems to have become a slippery slope that could easily decimate whatever investment funds you may currently have placed in paper assets.
-
By Ben Traynor |
March 26, 2013
"Given the business cycle is in the 'recovery' stage, investors lack a reason to increase their exposure to gold at present," says a note from Bank of America Merrill Lynch, which today cut its 2013 gold forecast by $10 an ounce to $1,670.
-
By Ben Traynor |
March 25, 2013
U.S. dollar gold prices fell back below $1,600 per ounce Monday morning in London, falling back toward where they started last week, as stocks and commodities gained after news that Cyprus has agreed a bailout deal.
-
By Ben Traynor |
March 21, 2013
The dollar gold price hovered just below $1,610 an ounce Thursday morning, while stocks and commodities fell along with the euro as disappointing economic data was added to news that Cyprus's banks will remain closed until next Tuesday.
-
By Adrian Ash |
March 20, 2013
You'd think that with all this practice, politicians would know how to handle a banking crisis by now. Most especially in the Eurozone.