Pacific Group to Convert One-Third of Hedge-Fund Assets to Gold
Pacific Group to Convert One-Third of Hedge-Fund Assets to Gold The Pacific Group Ltd., founded by a former PaineWebber Inc. trader, is converting one-third of its hedge-fund assets into physical...
View ArticleBernanke Seen Buying $1.14 Trillion in Assets in 2014
English: With his predecessor, Alan Greenspan, looking on, Chairman Ben Bernanke addresses President George W. Bush and others after being sworn in to the Federal Reserve post. Also on stage with the...
View ArticleGold – Credit Suisse Review : The Peak Of Fear
English: The old logo of Credit Suisse. (Photo credit: Wikipedia) Gold (GC : NASDAQ : US$1669.10) ? Credit Suisse published a noteworthy comment on gold Friday, “The Beginning of the End of an Era”....
View ArticleThe Gold Bear Roars
English: Crystaline Gold (Photo credit: Wikipedia) Gold traders are the most bearish in more than a year on mounting speculation that improving economic growth from the U.S. to China will curb demand...
View ArticleCentral Banks Shifting Away From Fighting Inflation – To Funding Stimulus
English: Japanese Prime Minister Shinzo Abe at the G8 summit in Heiligendamm. (Photo credit: Wikipedia) By PATRICK SMITH, The Fiscal Times February 18, 2013 When Shinzo Abe was elected Japan’s prime...
View ArticleNews – Portfolio moving events on the Euro , Gold and Buffett
Warren Buffett speaking to a group of students from the Kansas University School of Business (Photo credit: Wikipedia) Over the weekend, rising politician Beppe Grillo, leader of Italy’s...
View ArticleThe Gold Contrarian Plays
English: Gold bars created by Agnico-Eagle (Photo credit: Wikipedia) Gold (GC :US$1486.00) SPDR Gold ETF (GLD : NYSE : US$143.64), Barrick Gold (ABX : TSX : $22.93) Agnico-Eagle Mines (AEM : TSX :...
View ArticleGold Befuddles Bernanke as Central Banks’ Losses at $545 Billion
Ben Bernanke, the world’s most-powerful central banker, says he doesn’t understand gold prices. If his peers had paid attention, they might have stopped expanding reserves that lost $545 billion in...
View ArticlePeter Schiff : Self Promotion Helps Him – Investors Not So Much
The unabashed gold bug’s Euro Pacific Capital Inc. manages a $20 million mutual fund that invests in stocks related to the metal and lost 6.4 percent since it began in July. The Philadelphia Stock...
View ArticleWHY Gold ?
What makes a good currency? First off, it doesn’t have to have any intrinsic value. A currency only has value because we, as a society, decide that it does. That’s the other secret of gold’s success as...
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