';



Friday, May 25th, 2012

Posts Tagged ‘ KGC ’

The New Gold Buyer

Sep 25th, 2009 | By Eric J Fry | Category: Gold Market

“Gold is rising because the post-Breton Woods exchange rate system doesn’t work,” Eric Roseman, our colleague over at the Commodity Trend Alert, matter-of-factly declares. “More than ever, governments are piling up debts, as a result of bailing-out their respective banking systems. There is a price to pay for this profligate spending. And gold sniffs trouble.”



The New Gold Buyer

Sep 23rd, 2009 | By Eric J Fry | Category: Gold Market

“Gold is rising because the post-Breton Woods exchange rate system doesn’t work,” Eric Roseman, our colleague over at the Commodity Trend Alert, matter-of-factly declares. “More than ever, governments are piling up debts, as a result of bailing-out their respective banking systems. There is a price to pay for this profligate spending. And gold sniffs trouble.”



Gold Pushes Through $950

Jul 27th, 2009 | By Doug Casey | Category: Gold Market

Gold traded sideways through Hong Kong then shot north at the London open and remained range-bound between $951 and $953 for the rest of the day, finishing at $951.60/oz., up $3.60. For the week, gold is up 1.5%.



Resource Stock Roundup:Friday, July 10, 2009

Jul 10th, 2009 | By Doug Casey | Category: Gold Market

Commodity related stocks bounced off their recent lows and that helped the Canadian markets post gains during Thursday’s session. For the tale of the tape: the TSX Exchange rallied 1.25%, while the TSX Gold Index bounced up 0.8% and the TSX Venture Exchange, Canada’s largest junior exploration bourse, added 0.85% with the advancers edging out the decliners by a 386 to 325 margin on a pathetic 108 million shares traded.



The World Gold Council Wrong About Gold

May 21st, 2009 | By Adrian Ash | Category: Gold Market

Deprecated and reduced as a financial asset, gold is fast-gaining new buyers yet remains under-invested compared to previous crises…

“FEAR, Mr. Bond, takes gold out of circulation and hoards it against the evil day,” as 007 learns from a Bank of England officer in Ian Fleming’s Goldfinger (1959).



Resource Stock Roundup:Thursday, May 07th, 2009

May 7th, 2009 | By Doug Casey | Category: Gold Market

The bulls went on another rampage during Wednesday trading on the Canadian Markets as investors gobbled up resource stocks. For the tale of the tape, the TSX Exchange added 2.66%, while the TSX Gold Index surged 4.5% and the TSX Venture Exchange, Canada’s largest junior exploration bourse, tacked on 1.70% with the advancers swamping the decliners by a 500 to 391 margin on good volumes of 213 million shares traded.



Resource Stock Roundup:Tuesday, May 05th, 2009

May 5th, 2009 | By Doug Casey | Category: Gold Market

News that construction spending in the United States rose 0.3 per cent in March sent investors into a buying frenzy during Monday trading on the Canadian Markets. For the tale of the tape, the TSX Exchange surged 3.93%, while the TSX Gold Index added 4.7% and the TSX Venture Exchange, Canada’s largest junior exploration bourse, tacked on 1.68% with the advancers beating out the decliners by a 528 to 362 margin on good volumes of 210 million shares traded.



How Gold Will Top $2,000 Per Ounce

Apr 30th, 2009 | By Chris Mayer | Category: Gold Market

For the first time in a couple of decades, some of America’s most successful, big-name investors are buying gold.



Resource Stock Roundup: Thursday, April 09th, 2009

Apr 9th, 2009 | By Doug Casey | Category: Financial News

The bulls made a valiant effort to fight off the surging bears during Wednesday trading on the Canadian markets. For the tale of the tape, the TSX Exchange added 1.64%, while the TSX Gold was essentially unchanged and the TSX Venture Exchange, Canada’s largest junior exploration bourse, gave back 0.19% with the decliners beating out the advancers by a 350 to 327 margin on volume of 119 million shares traded.



If You Follow the Smart Money, Gold is Clearly the Smart Play

Mar 30th, 2009 | By Money Morning Staff | Category: Featured, Gold Market

At 53 years of age, John A. Paulson manages about $30 billion in his hedge funds. Over 2007 and 2008, he pocketed $10 billion in profits after he correctly bet that the subprime-mortgage market would crash.  His Credit Opportunities Fund earned nearly 500% gains in that year.