Latest Gold & Silver Price News
Precious metal prices firm following French downgrade
Though it has yet to break through selling resistance at $1,650, gold has recorded small gains in trading this morning following on from Friday’s announcement from Standard & Poor’s that they were going to downgrade France from a Triple A credit rating to an AA+. Friday the 13th was an apt choice of days for S&P’s decision, with the rating agency also cutting the ratings of Austria, Italy, Portugal, Spain, Cyprus, Malta, Slovakia and Slovenia. Markets received early inkling of this move, with the euro falling below US$1.27 during trading on Friday (though S&P’s announcement was delayed until after markets had closed). Short interest in the euro is now at […]
How to handle the European debt crisis
In this video Pedro Schwartz, professor of Economics at Madrid’s San Pablo University, and Alasdair Macleod of the GoldMoney Foundation talk about the debt crisis in Europe, with special …
Legendary Jim Sinclair says A Big Surprise is Coming
Jim Sinclair explains how to get past emotion, how to make a smart investment decision and what he expects from gold & silver investments.
Adam Smith: wealth is a product of hard work
Adam Smith is considered by many to be the father of modern economics. His treatise An Inquiry into the Nature and Causes of the Wealth of Nations is one of the bedrock texts of economic thought. At …
GoldMoney’s Top 10 of 2011
2011 was another great year for gold owners across the world, with the metal appreciating by 10.2% in US dollar terms over the course of the year. As GoldMoney’s James Turk notes in his most …
James Turk: Silver, the next Apple?
More downbeat economic news from Europe yesterday sent the euro down to $1.2790. As The Wall Street Journal points out, this is the single currency’s lowest level against the US dollar since …
Infographic: all you need to know about Gold in the world
This infographic gives you a lot of valuable insights about gold in our world : volumes, mining, countries, usage and more. Here are some highlights of the facts in this infographic that you could easily memorize. Did you know that : the gold price has been increasing for the past 12 years, while before it was rather flat with the exception of the gold bull market between 1970 – 1980 on average only 5 gold rings per person are currently available, based on the availability of gold above the ground 52% of the mined gold in the world is used for jewelry and only 16% for investments by far the highest […]
Who is most likely to obtain all that monetary debt?
The price of gold started the year on a positive note, rebounding from support at $1,550 per troy ounce back towards $1,600 and extending its decade long bull market. The future looks just as bright …
