After Federal Reserve Chair nominee Janet Yellen delivered testimony to Congress on Thursday, gold prices inched higher as she hinted at further tools to stimulate the United States economy. In other words, an increase in quantitative easing and … [Read more...]
Report: Physical silver demand strong in 2013, sales could break 2011 record
On Tuesday, the Thomson Reuters GFMS Interim Silver Market Review was released during the annual Silver Industry Dinner in New York. The yearly report found that silver coins are becoming the top choice for investors and sales could hit a record high … [Read more...]
Video: World Gold Council highlights Q3 world gold demand trends
The World Gold Council (WGC) released a video Wednesday that looks at the third-quarter trends of gold demand on a worldwide scale. Some of the takeaways include central banks continuing to increase their gold holdings, the supply of gold dropped … [Read more...]
Peter Schiff disagrees with Winklevosses that bitcoin is ‘gold 2.0’
It appears that bitcoin, the alternative digital currency in the marketplace, has plenty of bulls, including Cameron and Tyler Winklevoss. The Winklevoss twins feel bitcoin should be worth at least 100 times more than its current value today. … [Read more...]
Peter Schiff: The gold surge is just getting started
Peter Schiff appeared on CNBC last week to talk about gold, the Federal Reserve and why prices of precious metals are just begging to surge. He further elaborated that it still remains a great market for gold bugs because they can acquire the yellow … [Read more...]
China may have bought 300 tons of gold in secret this year
It’s no secret that central banks across the globe are goldbugs. The World Gold Council (WGC) reported earlier this year that central banks bought the most gold last year since 1964; China, India and Russia were top nations buying the precious … [Read more...]
Ron Paul talks gold’s volatility, U.S. dollar’s weak purchasing power
For years, retired Texas Republican Congressman and three-time presidential candidate Ron Paul has espoused the virtues of precious metals and the disasters of a fiat currency, most notably the United States dollar. As a long-term investor of gold … [Read more...]
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