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By Ben Traynor |
April 22, 2013
Wholesale gold prices rose back above $1,430 per ounce Monday morning for the first time since last Monday's price drop, amid reports of strong buying in Asia, while stocks gained and US Treasuries fell.
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By Ben Traynor |
April 18, 2013
Wholesale prices for buying gold climbed briefly above $1,400 an ounce Thursday morning, having bounced from a $50-an-ounce drop overnight, with dealers reporting strong demand for physical bullion in Asia.
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By Alasdair Macleod |
April 2, 2013
It has been obvious for some time that banks in many jurisdictions are insolvent and that they are simply too big for governments to rescue. It should come as no surprise that central bankers have been considering how to deal with this problem and that they have resolved a solution.
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By Eric Coffin |
February 22, 2013
Six weeks into the new year and there is still no joy for junior resource traders. In the large markets there has been plenty of good news, with several exchanges hitting multi-year highs. In our little corner of the market however, gloom predominates.
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By Mark O'Byrne |
February 22, 2013
Currency wars and the threats posed to the U.S. dollar as the global reserve currency of the world, make owning physical gold essential to all who wish to preserve wealth in the coming years.
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By Mark O'Byrne |
February 19, 2013
The pound took a fresh beating yesterday as concerns of currency wars and debasement of sterling led to another sell-off and experts said the currency was at risk of a "large-scale devaluation."
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By Austin Kiddle |
February 15, 2013
Expectations of faster economic growth in the G20 countries and the aversion of major financial disasters have reduced the safe-haven demand for gold, pushing people to load up on risky assets such as equities and increase their bets on other commodities.
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By Austin Kiddle |
February 13, 2013
Gold price has benefited as a hedge against fiat currency devaluation. The aversion to currency wars will likely hurt gold demand and gold prices.
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By Paula Flood |
February 12, 2013
Concerns about the devaluations and the growing risk of a severe bout of inflation have led to calls for a return to fixed exchange rates and a gold standard.
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By Justin Pugsley |
January 23, 2013
Another volley of shots has been fired in the currency wars with the Bank of Japan raising its inflation target to 2%. This is likely to unleash a series of reactionary events from across the globe.