Gold Surges 9.9% In January

January 29, 2012 by metalinvestmentnews · Leave a Comment 

Gold surged 9.9% in January 2012 to $1,720.65 an ounce, the best January performance since 1980. The Federal Reserve’s pledge to “provide further monetary accommodation” has increased gold’s allure as a hedge against inflation. Find out what the production of American Eagle coins can tell us about the future price of gold. Full story.   [...]

PEAK INFLATION

October 25, 2011 by metalinvestmentnews · Leave a Comment 

In Q3, 2011 copper averaged $8,993/tonne in London. A typical automobile uses about 50 pounds of copper. New and used vehicles account for 6.3 percent of the Consumer Price Index (CPI). The majority of economists feel that inflation will cool in 2012. Goldman Sachs Group predicts that commodities have hit bottom, and will rise 20% [...]