Jul 31

Gold sets new intraday, closing highs to end trading week in New York

Gold Price Comments Off on Gold sets new intraday, closing highs to end trading week in New York

Gold prices set new record intraday and closing prices Friday as investors looked for safe places to put their cash after a vote on raising the debt ceiling in the US was postponed Thursday after it became clear that the Republican plan did not have the votes to pass. December gold added $15 to close […]

Jul 31

Demand for Bullion at Fever Pitch

Gold Price Comments Off on Demand for Bullion at Fever Pitch

Sydney Morning Herald reported that analysts see gold prices riding as high as $2000 per ounce this year.

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Jul 31

Eldorado Profit Rises with Gold

Gold Price Comments Off on Eldorado Profit Rises with Gold

Financial Post reported the higher gold prices helped Eldorado Gold (NYSE:EGO) to higher second quarter profits.

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Jul 31

AngloGold, Gold Fields, Harmony Make New ‘Final’ Wage Proposal, Unions Say

Gold Price Comments Off on AngloGold, Gold Fields, Harmony Make New ‘Final’ Wage Proposal, Unions Say

Bloomberg reported that South Africa’s gold miners have made what they say is a final offer to striking mine workers.

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Jul 31

Brigadier Gold Limited Announces Final Closing of Private Placement

Gold Price Comments Off on Brigadier Gold Limited Announces Final Closing of Private Placement

Brigadier Gold Limited (CVE:BRG) announced that its non-brokered private placement has now closed.

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Jul 31

Sulliden Files NI 43-101 Technical Report for the Updated Mineral Resource Estimate on the Shahuindo Project

Gold Price Comments Off on Sulliden Files NI 43-101 Technical Report for the Updated Mineral Resource Estimate on the Shahuindo Project

Sulliden Gold Corporation Ltd. (TSE:SUE,OTC:SDDDF) announced the filing of an updated resource estimate on the Shahuindo project.

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Jul 31

Guyana Frontier Announces Private Placement

Gold Price Comments Off on Guyana Frontier Announces Private Placement

Guyana Frontier Mining Corp. (CVE:GYG) reports that it will complete a non-brokered private placement.

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Jul 31

This "Haircut" Could Trigger a Global Margin Call

Gold Price Comments Off on This "Haircut" Could Trigger a Global Margin Call

The Chicago Mercantile Exchange no longer views US Treasury bills as risk-free. This could be the start of a worldwide crash…

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Jul 31

Monetary Socialism

Gold Price Comments Off on Monetary Socialism

Its wasn’t a failure of capitalism that led to the financial crisis, but the “monetary socialism” of central bank planning…

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Jul 29

Indian Gold Bullion Sales Up 161% to May – UBS

Gold Price Comments Off on Indian Gold Bullion Sales Up 161% to May – UBS

Festival season could push gold bullion prices higher…

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