Jul 31

On Keynes, Friedman and the Hyperinflation Risk

Gold Price Comments Off on On Keynes, Friedman and the Hyperinflation Risk

Central banks still have their choice of catastrophes…

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Jul 30

GoldQuest Receives Positive Assay Results from Romero Discovery

Gold Price Comments Off on GoldQuest Receives Positive Assay Results from Romero Discovery

GoldQuest Mining Corp. (TSXV:GQC) announced that it intercepted significant mineralization in hole LTP 93 at its Romero discovery, which is based in the Dominican Republic.

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Jul 30

Gold Drops Below $1,620 An Ounce

Gold Price Comments Off on Gold Drops Below $1,620 An Ounce

Reuters reported gold dropped 0.3 percent to below $1,620, down from last weeks eight week high caused by European Central Bank President Mario Draghi vowed to do whatever necessary to stimulate the Euro.

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Jul 30

Aurizon Mines New Drill Results Confirm And Expand Mineralization At Casa Berardi

Gold Price Comments Off on Aurizon Mines New Drill Results Confirm And Expand Mineralization At Casa Berardi

Aurizon Mines Ltd. (TSX:ARZ) announced additional drill results from 24 new holes from the drill program at Casa Bernardi mine in Quebec. The results of the that returned mineralization confirmed the mineralization of the area and indicated new mineralizared adjacent areas.

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Jul 30

Gold Steady at Just Under $1,620

Gold Price Comments Off on Gold Steady at Just Under $1,620

CNBC reported that gold is now steady after sliding to just below $1,620. Its drop was the result of a weakened euro and caution due to the upcoming European Central Bank meeting.

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Jul 30

Solvista Gold And Tolima Gold Consolidate Mining Properties: Sign Definitive Agreement

Gold Price Comments Off on Solvista Gold And Tolima Gold Consolidate Mining Properties: Sign Definitive Agreement

Solvista Gold Corporation (TSXV:SVV) and Tolima Gold Inc. (TSXV:TOM) announced the signing of a definitive agreement between the two companies, to consolidate part of their Middle Cauca Gold Belt of Columbia properties.

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Jul 30

Long Term Prognosis for the US Economy

Gold Price Comments Off on Long Term Prognosis for the US Economy

The often overlooked role of demographics in economic growth…

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Jul 28

Barrick Gold to Keep Strict Eye on Cash Flow

Gold Price Comments Off on Barrick Gold to Keep Strict Eye on Cash Flow

Bloomberg reported that Barrick Gold Corp. (TSX:ABX) has begun reviewing its assets with the aim of being stricter on capital allocation and cash flow after costs for its Pascua-Lama project were about 60 percent higher than expected.

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Jul 27

Gold Up 0.5 percent: Greatest Weekly Gain In Two Months

Gold Price Comments Off on Gold Up 0.5 percent: Greatest Weekly Gain In Two Months

Reuters reported that despite the reticence of the U.S. Federal Reserve to take further stimulative action, gold rose by 0.5 percent, reporting the biggest weekly gain in eight weeks.

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Jul 27

Construction Underway On Klondike Gold JV Indian River Project

Gold Price Comments Off on Construction Underway On Klondike Gold JV Indian River Project

Klondike Gold Corp. (TSXV:KG) reported the beginning of construction under the terms of the newly signed Joint Venture Agreement with 46799 Yukon Inc. at the Indian River Project.

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