News & Events
July 24, 2018
Old California Silver Mining Town Gets New Lease Of Life. New hope for the historic silver mining ghost town of Cerro Gordo (Fat Hill) in the Inyo Mountains of Central California. The historical property dating back to 1866 was put on sale on June 6 of this year. Although there were higher offers on the table an investor group led by public relations expert […]
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September 12, 2016
Will North Korean Nuclear Test Spur A Rise In Metal PricesNorth Korea detonated a powerful nuclear device on September 9, the fifth such underground test and the scariest one to date. The explosion shows that North Korea is making substantial progress toward developing working nuclear warheads that can be mounted on ballistic missiles that could successfully reach Los Angeles or Seattle. Needless to say, international […]
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May 05, 2016
First quarter market update So as we exit the first quarter of 2016 how does the future of the gold and silver markets look? Already in 2016 we have seen some very clear signs that the next great economic crash is coming, and coming fast. We received some very clear evidence last week confirming this. In that one […]
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October 14, 2015
Many Now Bullish on Gold as It Hits Highest Price Since July 1Investors are starting to bet on gold and against a U.S. Federal Reserve interest rate rise. The precious metal reached its highest price in three and a half months on Wednesday, soaring to $1,175 per troy ounce in morning trading. This was the best news for gold bugs since July 1, and a report from […]
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October 01, 2015
Gold Price Settling Lower after Post-Fed Decision SurgeGold has been on the upswing since hitting a September low in the days leading up to the U.S. Federal Reserve meeting. After the Fed opted to delay an interest rate hike until later this year — or perhaps even 2016 — the price surged, jumping from $1,105 on September 15 to more than $1,153 […]
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September 17, 2015
Today’s Fed Decision Dictates Near-Term Future of GoldGold jumped by more than $16 yesterday, rising 1.5% to $1,119 per ounce, as the world awaits a looming interest rate decision by the U.S. Federal Reserve. This is the highest the precious metal has been in a week, and while there are many factors that generally go into its price movement, right now the […]
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September 02, 2015
Gold Has Best Month Since January as Indian Demand Set to SurgeGold futures jumped 3.5% in August, making this the precious commodity’s best trading month since January. September also started off well, with the price for December delivery rising $7.30 on September 1, its highest level since August 24. And the best may be yet to come. According to Colin Cieszynski, a Canada-based chief market strategist […]
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August 20, 2015
Gold Rally Continues as Fed Hints It Will Delay Rate HikeAfter hitting a five-year low in July, gold has rallied. The price dropped to just $1,078 per ounce in July, but has been on a steady climb ever since, reaching $1,134 on August 19, after the minutes from the most recent U.S. Federal Reserve meeting indicated that an interest rate hike in September is unlikely. […]
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August 07, 2015
Why a Lower AU$ is Helping Australian Gold MinersUnlike the U.S. with its currently-strengthened dollar, Australian miners have been able to cope with current spot gold prices because their dollar (AU$) is much weaker. “We are benefiting from a lower Australian dollar … Australian gold prices are at a good level,” says Gold Road Resources executive chairman, Ian Murray, speaking from the wonderfully-named […]
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August 05, 2015
Gold Demand Surging in China & IndiaThere is no avoiding the news in the gold market – the price of the precious metal hit a five-year low in July. Many analysts believe this is merely a temporary dip, however. For example, Bob Alderman of Gold Bullion International, called the notion of an outright crash the work of some “smart guys with […]
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