Category Archives: Uncategorized

American Gold IRA: Gold and the US Dollar

April 23, 2008 by Corey Rosenbloom Let’s look at two markets with a powerful negative correlation: The US Dollar Index and the Gold Market. Gold traditionally is a hedge against inflation, and inflation often is correlated with a weak dollar … Continue reading

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American Gold IRA: India May Soon Be Fixing Prices for Global Market

MUMBAI: India, one of the leading gold consumers in the world, may soon manage to move from being a mere “price taker” to a “price maker” in the world of royal metal. Tired of the wild fluctuations of gold price … Continue reading

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American Gold IRA: Gold Prices Peaks All-Time High; Global Crisis Continues

By JCK Staff JCK India, Apr 23, 2008 The current financial turmoil period has made gold a Safe Haven. As the subprime credit crisis issue further aggravates, the international financial markets reached into a further bleak period. The current financial … Continue reading

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American Gold IRA: Newly rich Chinese consumers take a shine to gold

By Fran Wang, AFP Monday, April 21, 2008 Shoppers examine gold jewelry at a department store in Beijing in this Dec. 2, 2007 file photo.  Figures from the World Gold Council showed sales of gold jewelry in China hit a … Continue reading

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American Gold IRA: Commodity prices keep moving upward touching record highs

Daily Times Sunday, April 20, 2008 LONDON: Commodity prices struck new record highs this week, led by oil which surged above $116 for the first time, as investors favoured raw materials, including metals, over a tumbling US dollar. The weak … Continue reading

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American Gold IRA: “Gold’s Best Friend Stagflation is a Real and Growing Threat”

by Polya Lesova Last update: 11:41 a.m. EDT April 16, 2008 NEW YORK (MarketWatch) — Gold futures rallied Wednesday, propelled by sharp weakness in the U.S. dollar, which fell to a new low against the euro. Gold for June delivery … Continue reading

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American Gols IRA: RECORD LOW FOR GOLD SUPPLY SAYS INVESTMENT VETERAN

Citywire By Sara Smith | 15:30:54 | 15 April 2008   Gold supplies are at an all-time low and may drop by as much as 15% over the next five years, according to BlackRock’s precious metals investment veteran Graham Birch. … Continue reading

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American Gold IRA: GOLD DEMAND UP — SOUTH AFRICAN GOLD OUTPUT DOWN 28.2%

iafrica.com April 10, 2008 South African gold production has dropped 28.2 percent in the year from February last year, official data released on Thursday showed. Gold production after seasonal adjustment fell 11.1 percent in the three months to end February, … Continue reading

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American Gold IRA Report: “Gold Environment Remains Positive” – Barclays Capital

Gold gains 1.4 percent as dollar slips, oil jumps By Atul Prakash Wed 9 Apr 2008, 14:26 GMT LONDON (Reuters) – Gold firmed more than 1 percent on Wednesday as the dollar slipped on growing expectations of further aggressive rate … Continue reading

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American Gold IRA Report: Gold near 1-week high on dollar, shrugs off IMF

By Lewa Pardomuan SINGAPORE, April 8 (Reuters) – Gold held steady near a one-week high on Tuesday after the dollar’s fall against the euro ignited buying by speculators, helping the metal defy news that the International Monetary Fund plans to … Continue reading

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