Greenpeace Co-Founder Joins Board of Spanish Gold Miner
March 27, 2013 by metalinvestmentnews · Leave a Comment
SOURCE:[Metal Guru] – On March 19, 2013 Astur Gold (AST-TSX.V) announced that Greenpeace Co-founder Dr. Patrick Moore joined the Board as an Independent Director. Astur Gold is developing its 100% owned Salave Gold Project in Asturias, northern Spain, which is one of the largest undeveloped gold deposits in Western Europe. In November 2012, the Company [...]
Gold Seen Extending Rebound as Cyprus Revives Bulls
March 22, 2013 by metalinvestmentnews · Leave a Comment
SOURCE:[Bloomberg] – Gold traders are becoming more bullish as concern mounts that a worsening of Europe’s debt crisis will spur demand for a protection of wealth at a time when nations from the U.S. to Japan are signaling more stimulus. Sixteen analysts surveyed by Bloomberg expect prices to gain next week, while seven were bearish [...]
Will We See a Silver Breakout in 2013?
March 16, 2013 by metalinvestmentnews · Leave a Comment
SOURCE:[The Gold Report] - Silver has been trading sideways so far in 2013, but what will the rest of the year bring? Will 2013 be the year silver prices break out or crash and burn? What is a sustainable silver price for mining companies and where will the metal come from to supply the next [...]
Now is the Time to Buy Gold
March 13, 2013 by metalinvestmentnews · Leave a Comment
SOURCE:[Mining.com] – Financial analyst Jim Bianco discusses the buying and selling of gold on Bloomberg TV. Bianco said three weeks ago ETFs owned 84 Moz of gold and today they own 79 Moz. The price hasn’t gone down even though 4.5 to 5 Moz have been sold off. “There’s a huge underlying demand for gold [...]
Hi Ho Silver: Making the Case for This Precious Metal
March 8, 2013 by metalinvestmentnews · Leave a Comment
SOURCE:[Casey Research] – Even though the newsletter I write for Casey Research is focused primarily on gold, our metals investments cover all the precious metals, and when warranted, some base-metals plays too. And with the markets in the state they are, I want to say something about silver.. My talk at the Vancouver Resource Investment [...]
Silver Leads Gains: Commodities at Close
January 30, 2013 by metalinvestmentnews · Leave a Comment
SOURCE: [Bloomberg] – Gold headed for the biggest gain in almost three weeks after a report showed the U.S. economy unexpectedly shrank in the fourth quarter, boosting demand for the metal as a haven. Silver jumped the most since November. Gold futures for April delivery climbed 1 percent to $1,679.60 an ounce on the Comex [...]
Controlled Risk: 10 Junior Miners Doing Business With China
October 23, 2012 by metalinvestmentnews · Leave a Comment
SHENZHEN, CHINA – Metal Investment News Despite jitters from Wall Street, China’s exports are rising at twice the rate predicted by economists. China’s foreign exchange reserves rose to $3.29 trillion at the end of September, 2012 from $3.24 trillion a month earlier. The FTSE China 25 Index Fund (FXI-NYSE) has $5.2 billion in assets under [...]
Spain’s Pain is Astur Gold’s Gain
October 16, 2012 by metalinvestmentnews · Leave a Comment
By Metal Investment News Last week Spain’s debt rating was lowered two levels to BBB-, one level above junk, by New York-based S&P. Spanish general unemployment is 25%, and 51% for youth. The government has requested a 100-billion euro ($129-billion) bailout. S&P assigned a negative outlook on the nation’s debt. But gloomy economic conditions in [...]
All Signs Point To Gold
September 19, 2012 by metalinvestmentnews · Leave a Comment
SOURCE:[Frank Holmes]-With another syringe of quantitative easing being injected into the U.S. economy’s bloodstream, Ben Bernanke is giving the markets their liquidity fix. The Federal Reserve’s action reaffirmed my stance I’ve reiterated on several occasions that the governments across developed markets have no fiscal discipline, opting for ultra-easy monetary policies to stimulate growth instead. The [...]
EDV Finds More Gold at Youga Mine in West Africa
May 2, 2012 by metalinvestmentnews · Leave a Comment
West Africa’s 2011 gold production was about 7 million ounces, accounting for 8% of the global supply. 2015 production is estimated at 11 million ounces. Endeavour Mining (EDV-TSX.V) (EVE-ASX) (EDVMF-OTCQX) owns two gold mines producing approximately 180,000 ozs per year in the West African countries of Ghana and Burkina Faso. On April 30, 2012, [...]