Much has been written in the last two days about the surprising purchase by the RBI (Reserve Bank of India) of some 200 tonnes of gold bullion, valued at about $6.7 billion, from the IMF (International Monetary Fund).Is this really a significant event?Judging by the price of gold since the... Continue Reading
Submitted ByTim Iacono
Much has been written in the last two days about the surprising purchase by the RBI (Reserve Bank of India) of some 200 tonnes of gold bullion, valued at about $6.7 billion, from the IMF (International Monetary Fund).Is this really a significant event?Judging by the price of gold since the...
Submitted ByTim Iacono
Much has been written in the last two days about the surprising purchase by the RBI (Reserve Bank of India) of some 200 tonnes of gold bullion, valued at about $6.7 billion, from the IMF (International Monetary Fund).Is this really a significant event?Judging by the price of gold since the...
Submitted ByTim Iacono
Much has been written in the last two days about the surprising purchase by the RBI (Reserve Bank of India) of some 200 tonnes of gold bullion, valued at about $6.7 billion, from the IMF (International Monetary Fund).Is this really a significant event?Judging by the price of gold since the...
Submitted ByAndy Wang
It was a volatile morning while stocks bounced around and experienced fast swings in a tight range. We got shaken out of a couple of trades in the morning. But, soon, much attention turned to gold as it rallied to a new record high, trading above $1084/ounce! Gold surged on news that the...
Submitted ByGary Tanashian
I am not going to pretend I had the answer. In fact, the excerpt from #57 below tells the story of an analyst not really knowing which way the thing was going to go in the near term.
The best I could definitively tell subscribers was that the risk vs. reward was now (as of last weekend) much...
Submitted ByContrarianProfits
Baltimore (TFN): Today’s the day. If you have ever hunted for undersea gold, you likely know Mel Fisher’s famous mantra. The great shipwreck hunter used the line thousands of times before it became the undeniable truth on the day he uncovered the “Atocha mother lode.”
While today’s...
Submitted ByContrarianProfits
Baltimore (TFN): Today’s the day. If you have ever hunted for undersea gold, you likely know Mel Fisher’s famous mantra. The great shipwreck hunter used the line thousands of times before it became the undeniable truth on the day he uncovered the “Atocha mother lode.”
While today’s...
Submitted ByContrarianProfits
Baltimore (TFN): Today’s the day. If you have ever hunted for undersea gold, you likely know Mel Fisher’s famous mantra. The great shipwreck hunter used the line thousands of times before it became the undeniable truth on the day he uncovered the “Atocha mother lode.”
While today’s...
Submitted ByTim Iacono
McClatchey has a damning investigative report out on the dealings of Goldman Sachs a few years ago, back when the housing and credit bubbles were reaching their maximum point of inflation. It should further endear the Wall Street firm to the American public. In 2006 and 2007, Goldman Sachs Group...