Section » Weekly Recap
Gold and Silver Soar On Fears Of Massive Central Bank Stimulus
Precious metals soared across the board this week. The dismal jobs report released on Friday showed that the American economy has come to a standstill with zero new jobs added in August. The specter of the US economy plunging back into recession along with imminent
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Ultimate Price Of Gold Will Shock The World As Loss Of Global Confidence Leads To Economic Collapse
Gold had another stellar week while stock markets gyrated wildly. As measured by the closing London PM Fix Price, gold gained $77.25 on the week, hitting all time highs and closing at $1,736. After the London
Gold Rallies On Week – Is The World Economy At The Precipice?
Gold continued its winning ways this week. As measured by the closing London PM Fix Price, gold gained $26.50 to close the week at all an time high of $1,628.50. Gold has closed higher for the past four consecutive
As World’s Most Predicted Financial Crisis Approaches Precious Metals Move Higher
Precious metals gained across the board for the third week in a row. Silver and palladium were the top performers this week with each advancing almost 4%. July has seen an explosive move in the precious metals
Gold and Silver Rocket Higher As Bernanke Oils Up The Printing Presses
The precious metals group continued higher this week, with standout performances by gold and silver. As politicians continue to engage in reprehensible scare tactics in order to increase the debt limit by another $2.5
Precious Metals Advance Strongly On Week
Precious metals roared back this week after consolidating in the previous week. Gold gained $58.50 on the week closing at $1,541.50. As measured by the London PM Fix Price, gold reached a closing high this
Gold and Silver Decline As World Turns Upside Down After Resolution of Debt Crisis
It wasn't supposed to be like this. A default on Greek debt was supposed to have set off a chain reaction collapse of other weak sovereign debtors including Ireland, Spain, Portugal and Italy. European banks holding huge
Silver ETF Holdings Gain As Gold ETF Holdings Decline Slightly
Silver holdings of the iShares Silver Trust (SLV) gained by 21.23 tonnes on the week. In the previous three weeks, SLV silver holdings had declined by a total of 381.95 tons, bringing the net outflow for
Gold, Silver, Platinum and Palladium All Decline On Week
It was a dismal week for precious metals as prices declined across the board. Platinum declined by over 3%, palladium and silver by 2% and gold by 1.5%. As measured by the London PM Fix Price, gold declined on
Precious Metals Little Changed On Week While Investors Ponder Government Defaults
Precious metal prices traded in a narrow range this week. As measured by the closing London Fix Price, gold, platinum and silver declined slightly while palladium gained $16 per ounce. After the London close,
