PRECIOUS-Gold prices wilt as dollar hits session highs
Updated: 2012-09-28 15:17:26
PRECIOUS-Gold prices wilt as dollar hits session highs 9:58am EDT * Spot gold headed for biggest quarterly gain since Q2 2010 * U.S. gold coin buying rises in Q3; ETF inflows rise * Palladium underperforms other precious metals qtr-on-qtr (Updates prices, adds comment) By Jan Harvey LONDON, Sept 28 (Reuters) – Gold prices surrendered gains ...

September 28, 2012 (Investorideas.com Mining stocks newswire) - eResearch Corp Reports: reports Century Iron Mines Corporation (TSX: FER) has published an initial mineral resource statement for its Hayot Lake iron deposit in Quebec, part of the Attikamagan iron project.
September 25, 2012 (Investorideas.com Mining stocks newswire) Investors who remember the lithium boom (and bust) a few years ago may be twice shy to enter a space with big upside potential tied to electric vehicles.
Platinum Swings on Strife Labor Tensions in South Africa Keep Pressure on Metal September 23, 2012, 11:32 a.m. ET By FRANCESCA FREEMAN Platinum is in the midst of some wild price swings and uncertainty surrounding South African production of the precious metal is likely to keep it that way. Platinum traded in Europe touched $1,715.50 ...
Since establishing multiple chart bottoms at $1,400 during June and July, platinum has soared along with other precious metals. Based on the London Fix Price, platinum has soared 16.5% from a low of $1,390 on August 3, 2012 to a September 20 closing price of $1,620. In early August, Gold and Silver Blog examined the [...]
By Vin Maru Over the past summer we suggested that we would see more money become available to quality mining projects from banks sitting on tons of cash ready to loan out on credit worthy projects in their ever increasing need for higher yield. In our September 11th, 2012 blog post we stated that “Project [...]
After what appeared to be a coordinated effort by Europe and the U.S. to print their way to prosperity, Japan quickly joined the race to eternal QE with the surprise announcement of additional monetary easing. TOKYO—The Bank of Japan took surprisingly strong steps to further ease its monetary policy on Wednesday, following similar steps by [...]
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In an interview with Bloomberg TV, Greg Smith, chairman of Global Commodities, is forecasting $2,000 gold by Christmas. Long term investors in gold would have a very merry Christmas since a price of $2,000 would equate to a 2012 price gain of over 25% from gold's opening price on January 3, 2012. From today's closing [...]
In the wake of the near death of the financial system in 2008, the Federal Reserve engaged in two rounds of quantitative easing and pumped trillions of dollars into banks and other financial institutions. Ben Bernanke insists that such drastic actions by the central bank were necessary to prevent a depression, a claim that economists [...]
By Axel Merk May we suggest a Twitter version of today's FOMC statement: "Don't worry, be happy! " – No, the economic outlook hasn't improved. In fact, the Fed may want you to take a valium to stomach the ride ahead. Alternatively, if you don't get mollified by the Fed's "communication strategy", you may want [...]
By Vin Maru This past week was a major catalyst for the precious metals, as they closed the week up strongly based on strong fundamentals for the sector. We have been anticipating the next catalyst for the PM sector to start making a strong advance, and we got it with a coordinated effort from central [...]
Legendary bond king investor Bill Gross, who presides over the world's largest bond funds makes a compelling case for owning gold in an interview with Bloomberg TV. Lead manager of influential Pacific Investment Management Company (PIMCO) since 1987, Bill Gross reputedly made $200 million in 2011. The PIMCO Total Return fund has produced a fat [...]
Benjamin Franklin, one of the most eloquent wordsmiths in American history, coined one of the most famous quotations of all time in a letter to Jean-Baptiste Leroy in 1789. "Our new Constitution is now established, and has an appearance that promises permanency; but in this world nothing can be said to be certain, except death [...]