Gold Falls in Dollars – But Sterling Price Hits New High, Greeks Hoard Bullion “Just Like in WW2″
Gold Falls in Dollars – But Sterling Price Hits New High, Greeks Hoard Bullion “Just Like in WW2″
THE SPOT MARKET Dollar gold price fell to $ 1542 per ounce late Wednesday morning in London – still a touch above where it started the week, and 2.2% off last month’s record high – while commodities fell and stocks were mixed after Greece’s prime minister survived a confidence vote.
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FuturePath’s Lesh: Fed News Supportive For Gold, Despite Profit-Taking Pullback
(Kitco News) ? Wednesday’s FOMC statement and Fed Chairman Ben Bernanke’s news conference on b
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Comex Gold, Silver End Near Steady Price Levels in Surprisingly Quiet Trading
Blue Gold Beverages, Inc. Signs Broker Agreement With Contemporary Marketing
HOUSTON, TEXAS–(Marketwire – 06/17/11) – Blue Gold Beverages, Inc. (PINK SHEETS: BGBV – News ) is pleased to announce its wholly owned subsidiary EPIC Nutrition, Inc. has signed an exclusive distribution agreement with Contemporary Marketing, Inc. (“CMI”) one of the leading National Sales and Marketing companies in the USA. The agreement provides for CMI to be the exclusive broker for EPIC’s …
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Gold gives up early gains; dollar retreats from highs
SINGAPORE : Gold edged lower on Friday, but jitters about whether Greece was edging closer to default and economic spill over from the country’s debt crisis could still spur safe haven buying.
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Comex Gold, Silver End Near Steady Price Levels in Surprisingly Quiet Trading
(Kitco News) ? Comex gold and silver futures prices did not stray too far from unchanged price
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Silver Price Manipulation: JP Morgan -v- Bunker Hunt
www.bullionmark.com.au Lateline Business – Australian Broadcasting Corporation Broadcast: 25/05/2011 – Reporter: Phillip Lasker Australia’s leading television broadcaster has compared JP Morgan as silver price manipulators similar to Bunker Hunt in the late 1970′s, with one major difference. JP Morgan has a concentrated short position to drive the silver price lower. Bullionmark CEO, Mark van der Sluys, who was interviewed by the Lateline Business program believes the silver price is manipulated lower to maintain confidence in paper currency in particular the US dollar. “It is well understood that interest rate markets are manipulated through Quantitative Easing and currencies are managed through market interventions, so why is it such a shock that large investment banks are managing silver prices lower to support broader central bank and government policy?” When asked about the recent sell off in the silver price, van der Sluys suggests “that the silver fundamentals remain strong and precious metals are the ultimate hedge against Government and Central bank incompetency. Gold and Silver should be part of every investment portfolio.”
Silver price action opinion
$39 must hold for higher prices or it’s 30ish or $27
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