By Axel Merk Our leaders want a weaker dollar and a stronger Chinese renminbi (RMB). That’s our assessment based on recent comments by President Obama, presidential hopeful Romney and Federal Reserve (Fed) Chair Bernanke. If you join them in that call, OK, just be careful what you wish for, or at least consider taking action [...]
October 30, 2012 (Investorideas.com Mining stocks newswire) A flood of companies scrambled to capitalize on the rare earths space, overpopulating the sector with too many losing bets, according to Chris Ecclestone, a mining strategist with Hallgarten & Co. in London.October 30, 2012 (Investorideas.com Mining stocks newswire) Gold and other precious metals treaded water on Monday as the exchanges on which they trade slowly went under several feet of water courtesy of Sandy the Superstorm.October 29, 2012 (Investorideas.com Mining stocks newswire) Millions of years ago tectonic events created significant gold and silver mineralization in the Guerrero Gold Belt in Mexico.
Big money managers are bullish on gold according to the pros interviewed in Barron's latest fall survey. A resounding 69% of big money managers are bullish on gold and 22% forecast that precious metals will be the best performing asset class over the next six to twelve months. The big money is bearish on Federal [...]
By Axel Merk The FOMC has crossed the Rubicon: our analysis suggests that the Federal Open Market Committee is deliberately ignoring data on both growth and inflation. At best, the FOMC’s intention might have been to not rock the markets two weeks before the election. At worst, the FOMC has given up on market transparency [...]
Although there are no definitive statistics on how many Americans own gold or silver, the number is certainly small. A Gallup poll earlier this year showed that 28% of respondents thought that gold was the "best investment" but the actual number of people actually owning some form of gold or silver bullion is far less. [...]October 26, 2012 (Investorideas.com Mining stocks newswire) Following a brief recovery on Thursday gold prices headed back down towards the sub-$1,700 value zone this morning.
Here's a really great book on how to buy gold and silver that came to my attention. I would recommend this book ("Stack Silver Get Gold") to both long time gold and silver investors as well as those considering their first purchase. Best of all, the price is right. Author Hunter Riley has offered readers [...]
Global gold production could drop sharply as South African miners plan to dismiss thousands of workers for illegally striking. South African precious metal miners have been beset by labor unrest for months as workers protest low wages and dangerous working conditions. The latest disruption came Wednesday as South Africa's largest gold miner announced plans to [...]join login services submit news Membership Stock Alerts Featured Stocks Newsletter Equity Research News Video Green Investor Stock Directories Funding Sprott's Charles Oliver Sees Momentum Building for Gold and Silver Source : JT Long of The Gold Report Category : Investment , Gold , Mining Subscribe to Investor Ideas Mining Newswire
By Axel Merk & Yuan Fang Monetary Cliff? As the presidential election is rapidly approaching, little attention seems to be getting paid to the question that may affect voters the most: what will happen to the “easy money” policy? Federal Reserve (Fed) Chairman Bernanke’s current term will expire in January 2014 and Republican candidate Mitt [...]
According to Coin Update, sales of numismatic precious metal coins showed weekly sales declines. Future sales, however, may increase due to an upcoming price decrease based on the recent correction in precious metal prices. The latest report of the United States Mint's numismatic product sales shows mostly lower numbers for precious metals products. Elsewhere in [...]
The New York Times reports on the "domestic terrorism" case of Bernard von NotHaus who awaits sentencing for minting private money known as the Liberty Dollar. At the age of 68, Von NotHaus is facing the equivalent of a terminal jail sentence since he faces 20 years in prison. By Alan Feuer, New York Times [...]
In an effort to expand credit and spur job creation, the Federal Reserve has massively expanded its balance sheet with the most aggressive monetary policies in the history of the Federal Reserve. Since the start of the financial crisis, the Fed instituted two rounds of quantitative easing under which over $2.75 trillion of debt securities [...]October 23, 2012 (Investorideas.com Mining stocks newswire) Mike Niehuser isn't a rare earth expert per se, but the Beacon Rock Research founder says many of the same investment principles hold true for resource stocks across sectors.October 22, 2012 (Investorideas.com Mining stocks newswire) Many precious metals mining stocks are now trading at bargain prices but the old "buy and hold" strategy no longer applies in this fluid market environment, says Florian Siegfried, CEO of Precious Capital AG.: : join login services submit news Membership Stock Alerts Featured Stocks Newsletter Equity Research News Video Green Investor Stock Directories Funding Coal Stock Alert : L L Energy NASDAQ : LLEN Leads NASDAQ Percentage Gainers Category : Investment , Gold , Mining Subscribe to Investor Ideas Mining NewswireOctober 19, 2012 (Investorideas.com Mining stocks newswire) Gold equities are in competition with gold ETFs for shareholder dollars.