All Posts Tagged With: "Bullion"
Should You Tell the Government You Own Gold and Silver?
Sovereign Society members and readers often ask me if there’s any U.S. law that forces them to report their gold, silver or other precious metals to the U.S. government - especially if they hold those precious metals in foreign accounts or safety deposit boxes.
Gold Futures Down 2.9% for the Week
Gold futures closed 2.9% down for the week, despite a rally on Friday, as the greenback rose against the euro and other major currencies.
“I see that Dennis Gartman is talking about gold again,” says Ed Steer in Casey Research.
Here are a few words from his early Thursday morning commentary….”If the governments of the world are now as concerned about inflation as we think they may be, and if they are even more concerned about the prospects for a generic, rising inflationary psychology amongst the public at large
Gold Climbs on Dollar Weakness
Gold prices climbed higher in early London trade as the dollar remained under pressure following weak U.S. payrolls data on Friday, reports Thomson Financial.
Friday’s grim jobs news has put further downward pressure on the already weak dollar, by reinforcing the widely-held view that the US economy is in a downturn.
At 9:27 am., spot gold was trading at $914.78 an ounce against $909.80 in late New York trades on Friday, according to Thomson.
Latest News
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- And Then There’s This… Thursday, September 4th, 200811:31am CDT
- Resource Stock Roundup Thursday, September 4th, 200811:26am CDT