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Gold slipped on Thursday by 0.33% and reached $1,654.5; silver also decreased by 0.11% and reached $30.51. During January, gold increased by 5.6% and silver by 9.29%. U.S Housing Starts Fell by 4.1% According to a recent report, privately owned Housing starts fell in by 4.1%; nevertheless, the annual rate for December 2011 was 24.9% [...]
Gold and silver ETFs weakened further alongside global markets Monday as the congressional supercommittee nearly collapsed and the European debt crisis worsened, sending major U.S. indexes back into negative territory for the year. Meanwhile, economist David Levy projected the U.S. will fall into a recession in 2012 or sooner despite upbeat economic data. SPDR Gold [...]
Free exchange Debt crisis R.A. | WASHINGTON Is the European crisis good for the American economy? THE European crisis seems like bad news for everyone, but Tim Duy argues that Americans may end up benefitting slightly, on net, from the drama: First, the weaker Euro has taken a bite out of oil prices, which fell [...]
We have just a few minutes ago wound up the free conference call with our subscribers, presented by Linda Dixon – founder of Commodis Corp - and the chance to buy silver and gold bullion at a discount for forward physical delivery in Peru or worldwide. Thank you to everybody who participated. Linda gave a [...]