Q1 2012 Global Gold Sales Up 16%.
May 17, 2012 by metalinvestmentnews · Leave a Comment
SOURCE: [Metal Guru] – On May 17, 2012 The World Gold Council announced that, in dollar terms, global gold sales rose 16% year-on-year to $59.7 billion, with an average price of $1,690.57 per ounce. Although bullion and gold stocks have been crushed in the last year, gold prices still gained about $75 since May 17, [...]
Five Things to Love About Endeavour Mining
March 21, 2012 by metalinvestmentnews · Leave a Comment
There are currently over 2,300 publically traded gold companies. Surging gold prices (up 600% in a decade) have not catalyzed increased production. Sizable gold deposits are hard to find, and the mines are difficult to finance. Choosing a junior mining company that will achieve significant production is not easy. Frank Holmes, the legendary CEO of [...]