Bloomberg published an article by Millie Munshi and Pham-Duy Nguyen quoting Mark O'Byrne of Gold Investments. Gold Beats Financial Assets as Investors Seek Haven 'At least 95 percent of the new buyers have kept their money in the bullion, Mark O'Byrne, Gold & Silver's executive director, said in an interview on Feb. 26.
Presidential Candidate Ron Paul in his role as member of the House Banking Committee got a chance to question Federal Reserve Chairman Ben Bernanke on the current state of the economy. 'Helicopter' Ben, as he is known in some quarters due to a reference he made in a speech to a statement made by Milton Friedman about using a "helicopter drop" of money into the economy to fight deflation, could be said to be at the opposite end of the monetary spectrum to Ron 'Gold' Paul (interestingly in the same speech Bernanke noted that "people know that inflation erodes the real value of the government's
CNBC conducted an Interview with Stephen Flood, director of Gold Investments, this morning. How High Can Gold Go? "Gold is doing exactly what it should do in this market: it is reacting to risk.
What's the Outlook for Gold, Silver? Gold has been one of the best performers of late, trading above $700 per troy ounce.
Gold and Silver Bullion - News and Commentary Gold steady; U.S. govt shutdown worries investors (Reuters.com) Stocks Mixed, Dollar Flat With Shutdown in Focus (Bloomberg.com) Palladium flows from west to east to meet industry demand (Reuters.com) METALS START THE WEEK ON[...]
Gold and Silver Bullion - News and Commentary Gold ETF Assets Climb to Highest Since 2013 (Bloomberg.com) Gold firm as dollar sinks further (Reuters.com) Australia Is Cashing In on Gold ETFs (Bloomberg.com) South Korea now requires verified ID to trade cryptocurrencies[...]
Gold and Silver Bullion - News and Commentary Gold steady on weak dollar; stocks surge as U.S. government shutdown ends (Reuters.com) Asian Stocks Reach Fresh Record High; Oil Climbs (Bloomberg.com) U.S. Stocks Gain as Senate Votes to End Shutdown (Bloomberg.com) Demand[...]