Ron Paul talks about how erratic the dollar is, up and down, not to be compared with what’s happening with gold. The past couple of months of gold activity is how markets work as the dollar has experienced instability for many years. Ron talks about inflation limiting economic growth.
Ron was asked about what he feels the real price of gold actually is. Ron delivers strong
Gold is under pressure in light of expectations that the Fed may start removing accommodations soon. On May 1, 2013 the Fed announced they were prepared to “increase or reduce the pace of its purchases to maintain appropriate policy accommodation.” Hinting at the possibility of an increase in asset purchased resulted in
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Good morning. Down more than $100 and 1397. We did get down to 1384, I believe. What are you waiting for? 1300?
Guenter Schiffmann/Bloomberg
In a vivid example of just how nervous investors have gotten over gold, one of the biggest ETFs to track the precious metal — SPDR Gold Shares GLD +0.01% – saw $5.4 billion hit the exit door year-to-date, according to ETF Trends. More about record low flows in February for gold ETPs.
And it’s not just then, Bloomberg News noted Thursday that John Paulson saw an 18% decline in his $900 million Gold Fund last month, and a 26% knock so far this year.
However, one strategist took to the airwaves on Thursday to caution that investors may be playing with
Whether or not the stock market is pricing correctly in a devastating double dip recession remains to be seen.
But gold bugs are still betting that more trouble is coming.
Gold hit a record price on Aug 18, 2011 1830 dollars an ounce during the trading day.
This has my next guest ringing the bell why the United States dollar should return to
This week several Republican presidential candidates are taking part in a bus tour to spread the word about getting the United States dollar back to the gold standard.
Here now a man who agrees the American dollar will remain fool’s gold until we return to a gold backed
Original Airtime: Thurs. Feb. 7 2013 | 1:07 PM ET
Randy Smallwood, CEO of Silver Wheaton, comments on where both precious metals could move next, with CNBC’s Jackie DeAngelis and the Futures Now Traders. Randy Smallwood, Silver Wheaton CEO, talks about the catalyst that would be needed to take silver to
We’ve been tracking commodity prices. Gold is rising slightly ahead of today’s ECB meeting that could set the tone for the euro. Platinum and palladium prices holding steady and oil is edging up to close in on that $100 mark.
Let’s get to our block now. Talking oil is Carl Larry from Atlas Commodities. He’s also president of oil outlooks and opinions and with us on set to talk precious metals, Sean, editor of the wealth report. Sean, Credit Suisse was out with a note saying the era of gold is coming to an end. Are they right or wrong?
The German central bank is planning a “phased relocation” of 300 tonnes (metric tons) of gold from New York to Frankfurt as well as an additional 374 tonnes from Paris to Frankfurt by 2020. The reserves should end up looking like this:
The price of gold may have come under increasing pressure in past weeks with concerns that the Federal Reserve’s loose monetary policy may be coming to an end, but analysts have told CNBC that the precious metal can still break through the $2,000 mark in the long term.
“We’re in a very good situation. QE (quantitative easing) is going to go for six to twelve months.They are talking about $500 billion to $1 trillion more in the system,” Eugen Weinberg, head of commodity research at Commerzbank told CNBC Monday. Record low interest rates by central banks around the globe have resulted in negative real interest rates — when allowing for inflation. Traditionally gold has an
