09
Apr
2008

Gold Investments Market Update

Gold
Gold is down some 1% in early trading in London this morning. Gold was down $11.10 to $914.00 per ounce in trading in New York yesterday and silver was down 41 cents to $17.68 per ounce. The London AM Gold Fix at 1030 GMT this morning was at $906.75, £460.40 and €576.56 (from $921.00, £465.95, €584.65 yesterday).

Continue Reading
08
Apr
2008

Gold Investments Market Update

Gold
Gold is down slightly in early trading in London this morning. Gold was up $13.80 to $923.10 per ounce in trading in New York Friday and silver was up 38 cents to $18.09 per ounce. The London AM Gold Fix at 1030 GMT this morning was at $921.00, £465.95 €584.65 (from $914.70, £460.27 and €582.17 yesterday.

Continue Reading
02
Apr
2008

Gold Investments Market Update

Gold
Gold is up in Asian and early trading in London this morning. Gold was down a further $33.30 to $882.90 per ounce in trading in New York yesterday while silver was down 31 cents to $16.85 per ounce. The London AM Gold Fix at 1030 GMT this morning was at $893.50, £450.47 €571.04 (from $897.00, £453.90 and €572.32 yesterday).

Continue Reading
01
Apr
2008

The Great Depression Redux

USA 2008: The Great Depression

The London Independent leads with the headline “The Great Depression” today.

1.1 million Ohio residents alone recieve food stamps, nearly 10% of the Ohio population, and more are elegible.

…and this is no April Fools.

Continue Reading
01
Apr
2008

Gold Investments Market Update

Gold
Gold is down in Asian and early trading in London this morning. Gold was down $14.40 to $916.20 per ounce in trading in New York yesterday while silver was down 62 cents to $17.16 per ounce. The London AM Gold Fix at 1030 GMT this morning was at $897.00, £453.90 and €572.32 (from $937.25, £472.17 €592.82 yesterday).

Continue Reading
01
Apr
2008

Are equities cheap?




31
Mar
2008

Gold Investments Market Update

Gold
Gold has traded up in Asian and early trading in London this morning. Gold was down $18.20 to $930.60 per ounce in trading in New York on Friday while silver was down 61 cents to $17.78 per ounce (more on silver below). The London AM Gold Fix at 1030 GMT this morning was at $937.25, £472.17 €592.82 (from $944.50, £471.05 €598.28 on Friday).

Gold’s volatility continued last week but despite the sell off in mid March, it closed the week up some 1.5% (silver was up 4.1% ).

Continue Reading
28
Mar
2008

Gold Investments Market Update

Gold
Gold has traded sideways to slightly down in Asian and early trading in London this morning. Gold was down 30 cents to $948.80 per ounce in trading in New York yesterday while silver was up 17 cents to $18.49 per ounce. The London AM Gold Fix at 1030 GMT this morning was at $944.50, £473.05 €598.28 (from $948.25, £470.60 and €600.31 yesterday). Thus, while gold was slightly down in euro and dollars it was stronger in pounds with the pound weakening on the deteriorating UK outlook (more below).

Continue Reading
28
Mar
2008

Bloomberg: Jim Grant on the recent actions of the Federal Reserve (Video)

Jim Grant, founder and editor of the highly respected Grants Interest Rate Observer and one of the world’s leading experts on US and international interest rates and financial markets appeared on Bloomberg’s “Taking Stock” on Tuesday, March 24.

Continue Reading
27
Mar
2008

Gold Investments Market Update

Gold
Gold rose in Asian trading and after an initial sell off in early trading in London this morning, it has again rallied to over $949.00. Gold was up $14.30 to $949.10 per ounce in trading in New York yesterday while silver was up 62 cents to $18.32 per ounce. The London AM Gold Fix at 1030 GMT this morning was at $948.25, £470.60 and €600.31 (from $945.75 £473.68 and €602.01 yesterday).

Continue Reading