Gold rallies 3 percent as EU summit boosts confidence
Updated: 2012-06-29 15:31:51
Gold rallies 3 percent as EU summit boosts confidence By Jan Harvey LONDON | Fri Jun 29, 2012 9:32am EDT (Reuters) – Gold prices rallied 3 percent on Friday and were on track to end June with their first monthly rise in five as a deal to shore up banks and cut borrowing costs at ...

June 29, 2012 (Investorideas.com Mining stocks newswire) Chris Wilson, president of Exploration Alliance, a niche consulting group, believes education is an investment basic.
June 22, 2012 (Investorideas.com Mining stocks newswire) Ian Gordon of Longwave Analytics and Longwave Strategies believes we're on the precipice of very difficult and frightening times and predicts complete financial collapse.
Although Federal Reserve Chairman Ben Bernanke refuses to acknowledge that gold is money, another major regulatory agency views the value of gold money as a risk free asset for calculation of Tier 1 regulatory capital by banks. Meanwhile, as Ben Bernanke dismisses the value of gold, other central banks around the world continue to increase [...]
The combination of increasingly ominous economic reports along with the Fed’s failure to announce bold new monetary initiatives resulted in a brutal reassessment of risk by investors. Stock, commodity and precious metal markets all plunged with the Dow down 250 points, gold down by $41.60 per ounce to $1,566 and silver off by 4.4% to [...]
During his almost 20 year reign as Chairman of the Federal Reserve, Alan Greenspan's easy money policies seemed to work like magic. Ever lower interest rates and easy bank lending resulted in vast asset price inflation of both stocks and housing. Flipping stocks and houses became the national past time as the asset bubbles continued [...]