Monthly Archives: June 2010

Eric Sprott, an outspoken gold bull, says that the strong demand for gold is outstripping supply. By Eric Jackson, TheStreet.com Senior ContributorTHESTREET.COM — 06/09/10 Eric Sprott founded Sprott Asset Management in 2001 and has over $5 billion in assets under management. He … Continue reading →

Bloomberg.com By Ryan J. Donmoyer – Jun 17, 2010 U.S. citizens and residents with UBS AG accounts are racing the clock to disclose their secret holdings to the Internal Revenue Service after the Swiss Parliament ratified an agreement to surrender … Continue reading →

21 June 2010, 10:23 a.m. By Jim Wyckoff, Kitco.com Comex gold futures at mid-session Monday have backed down from the session high of $1,266.50 an ounce, which did set a fresh all-time record high. Some mild profit-taking pressure and price consolidation are featured … Continue reading →

Fears that American, British and other governments intend to inflate their way off the rocks of excessive debt prompted record inflows into gold this week. By Ian Cowie Published: 7:35AM BST 20 May 2010 Now some fund managers claim the … Continue reading →

NEW YORK (The Street) — Gold prices hit a new record high Friday as investors fled into gold as a safe-haven asset. Gold for August delivery was popping $12.70 to $1,261.40 an ounce at the Comex division of the New … Continue reading →

June 18, 2010, 10:12 AM EDT By Pham-Duy Nguyen June 18 (Bloomberg) — Gold futures rose to a record $1,260.90 an ounce on demand for a haven amid Europe’s fiscal woes and dimming prospects for the U.S. economy. The metal … Continue reading →

By Nelson D. Schwartz Published: June 12, 2010 It is the resurgent passion of the doomsday crowd, a bet that everything will go wrong. No matter what has you worried, they say, the answer is gold. Inflation, deflation, government borrowing … Continue reading →

17 June 2010, 11:21 a.m. By Debbie Carlson Chicago — (Kitco News) –Worries about the pace of growth in the U.S. and bullish technical charts are lifting gold prices in U.S. morning trade, as investors return to the yellow metal … Continue reading →

by Joseph Schuman, Senior Correspondent AOL News (June 14) — Can you judge how close the global economy is to the brink of another financial crisis by measuring risk-taking in the markets? Jacob Gyntelberg and Michael King, two researchers at … Continue reading →

06/15/10 – 12:41 PM EDT NEW YORK (The Street) — Gold prices were tiptoeing higher Tuesday as safe haven buying continued despite a recovery in risky equities. Gold for August delivery was adding $1.90 to $1,226.40 at the Comex division … Continue reading →