It is folly to look at the day to day gyrations of our wealth in the earth selections. There are those critics who might question the absence of risk management in precious metal selections. They miss the basic point completely.
The U.S. has plans in place to attack Iran if necessary to prevent it from developing nuclear weapons, Washington's envoy to Israel said, days ahead of a crucial round of nuclear talks with Tehran.
Trader, economist and Gartman Letter publisher Dennis Gartman knows when he is wading into a hostile crowd. He brought up gold in his keynote address to the New York Hard Assets Investment Conference and immediately acknowledged his contrarian views.
Trotting the globe in his unrelenting quest for investing opportunities, Bob Moriarty had just completed a 21,000-mile travel-a-thon when he picked up the phone for this exclusive interview with The Gold Report.
Trotting the globe in his unrelenting quest for investing opportunities, Bob Moriarty had just completed a 21,000-mile travel-a-thon when he picked up the phone for this exclusive interview with The Gold Report. He liked a lot of what he saw, found plenty of bargains along the way and is willing to name names.
Gold fell to as low as $1595.59 by late morning in New York before it bounced back higher in afternoon trade, but it still ended with a loss of 1.95%. Silver slipped to as low as $29.13 and ended with a loss of 1.9%.
Titanic director James Cameron is backing a company with Google billionaires Larry Page and Eric Schmidt to mine asteroids in space, called Planetary Resources.
Gold fell $7.13 to $1650.47 in Asia before it shot up to $1667.30 in New York and then pared its gains a bit in the last few hours of trade, but it still ended with a gain of 0.28%. Silver surged to as high as $31.435 and ended with a gain of 0.61%.
With a bank run in near full force in Greece and the country on the verge of exiting the Euro while still searching for a leader the world markets are reeling but gold and silver are finally catching a bid.