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Gold and Silver Soar On Fears Of Massive Central Bank Stimulus

Gold and Silver Soar On Fears Of Massive Central Bank Stimulus

September 3, 2011

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

Ultimate Price Of Gold Will Shock The World As Loss Of Global Confidence Leads To Economic Collapse

August 13, 2011

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

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Gold Rallies On Week – Is The World Economy At The Precipice?

Gold Rallies On Week – Is The World Economy At The Precipice?

July 30, 2011

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

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As World’s Most Predicted Financial Crisis Approaches Precious Metals Move Higher

As World’s Most Predicted Financial Crisis Approaches Precious Metals Move Higher

July 23, 2011

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

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Gold and Silver Rocket Higher As Bernanke Oils Up The Printing Presses

Gold and Silver Rocket Higher As Bernanke Oils Up The Printing Presses

July 15, 2011

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

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Precious Metals Advance Strongly On Week

Precious Metals Advance Strongly On Week

July 9, 2011

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

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Gold and Silver Decline As World Turns Upside Down After Resolution of Debt Crisis

Gold and Silver Decline As World Turns Upside Down After Resolution of Debt Crisis

July 2, 2011

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

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Silver ETF Holdings Gain As Gold ETF Holdings Decline Slightly

Silver ETF Holdings Gain As Gold ETF Holdings Decline Slightly

June 29, 2011

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

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Gold, Silver, Platinum and Palladium All Decline On Week

Gold, Silver, Platinum and Palladium All Decline On Week

June 25, 2011

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

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Precious Metals Little Changed On Week While Investors Ponder Government Defaults

Precious Metals Little Changed On Week While Investors Ponder Government Defaults

May 20, 2011

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,

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