Gold Fields Minerals Services (GFMS), the London-based metals consultancy, says that the sale of scrap gold in India and the Middle East this year is down compared with prior years. India and the Middle...
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Posted by Bill Haynes on December 20th, 2007
Category: Gold
In my last post, I noted that Jessica Cross, CEO of Virtual Metals, had forecasted $900 gold in 2008. Now, Citigroup (Citibank) sees the possibility of $1,000 gold if the US economy goes recessionary....
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Posted by Bill Haynes on December 18th, 2007
Category: Gold
Resourceinvestor.com has posted an interview with Jessica Cross, CEO of Virtual Metals, who says “we’re going to be very surprised if we don’t see $900 an ounce in 2008.” Obviously,...
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Posted by Bill Haynes on December 14th, 2007
Category: Gold, Silver
The most often given reason for buying gold and silver by new investors is concern about the dollar. And, rightfully so. The dollar is in a precipitous decline in the foreign exchange markets, brought...
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Posted by Bill Haynes on December 3rd, 2007
Category: The Dollar
Last week premiums on Silver Eagles jumped as word spread that the U.S. Mint had run out and would ship no more this year. However, at the start of this week, the Mint revealed that it would produce more...
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Posted by Bill Haynes on November 29th, 2007
Category: The Metals Markets
The U.S. Mint recently announced that it would ship no more 1-oz Gold Eagles until January 2008. This policy has become the norm for the Mint toward year-end when it shuts down production of current-year...
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Posted by Bill Haynes on November 23rd, 2007
Category: Gold Coins