From the Russian invasion of Afghanistan in 1980 to the terrorist attacks of 9/11, any shock event that sends the stock market lower seems to push gold prices higher. Black Monday in Oct. ’87…the hedge-fund …
At the start of November, members of the Kimberley Process (KP) met in Brussels for its fifth annual meeting. The KP was set up for just one thing, to try and eradicate the trade in …
Diamonds are likely to become even dearer in future. Average prices for rough diamonds are up by 10% year-on-year, as Steve Hawkes notes in The Times. Global demand is expected to climb by an annual …
What a pity silver is so unreliable! Gold’s price is reaching heights not seen for years, but will silver follow? Who knows! Sometimes it will, sometimes it won’t and at the moment it is lagging. …
MoneyWeek subscribers will already have seen some of Dominic Frisby’s work – he wrote this week’s cover story on gold and silver mining juniors (if you missed it, you can read it here: Get out …
This feature is part of our FREE daily Money Morning email. If you’d like to sign up, please click here: Sign up for Money Morning Given the choice between defending the dollar and saving the …
Since the end of April 2001, the US dollar price of a troy ounce of gold has risen from US$264 to US$747 as of October 1, 2007 (Fig. 1) (November 1 spot is $783); in …
One of the most well known auditors in the world is David Walker. He is the top auditor of the U.S. government – the Comptroller and Auditor General and the head of the non-partisan Government …
Is it speculation that drove the oil price above $90 last week, or is there something more fundamental happening..? Well, as I have argued many times here before, I believe that the oil price will …
As a general rule when the price of crude oil rallies, the price of gold tends to follow suit. The link is straightforward. Gold is seen by some investors as the ultimate hedge against inflation. …