Tag Archives: gold

Gold Can Build On Its 2011 Gains Next Year, Dillon Gage Metals Says

In a turbulent year for world economies and markets, the price of gold reached an all-time high in September, and after a setback is recovering. The yellow metal looks poised for loftier levels next year, says Terry Hanlon, President of … Continue reading

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The pound and gold: A record devaluation

SALES of gold coins in Greece have soared, according to the FT, as citizens empty their bank accounts in fear of default and devaluation. But on the basis of the last few years, Britons should have done the same. The … Continue reading

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Gold and the Swiss franc: Flight to safety

Investors push up the price of gold and the Swiss francWHEN the going gets tough, investors buy two assets: gold and the Swiss franc. Gold’s all-time peak in real terms was in 1980 when inflationary fears were particularly intense. That … Continue reading

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Bubbles: Turning gold into dross

WHILE equity and bond markets have remained relatively sanguine regarding the impasse in negotiations on America’s debt ceiling, gold nevertheless achieved another (nominal) high today, at $1,622. That’s one more milestone in an extraordinary run that began over a decade … Continue reading

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