Coin News

The creation of the euro zone may have given participants one currency, but it created other problems as well. One interest rate was supposed to fit all. Those sovereigns on the financial periphery of the 17 nations found low interest rates too good to be true. As a result, the borrowed funds they shouldn’t have [...]

Economics and politics. Accretion and repletion. Mergers and acquisitions. Joe Mazumdar, senior mining analyst with Haywood Securities, sees all of these as catalysts for a rebound in the junior gold space in 2012. In this exclusive Gold Report interview, he reveals the names of companies he expects to take off. The Gold Report: What is [...]

One of the most alluring temptations that face men is the desire to enter the inner ring. C. S. Lewis wrote a wonderful essay with this title. It should be part of every person’s rite of passage into adulthood. The desire to enter the inner ring is closely related to the desire to maintain a [...]

Gold is trading at 1727.85 down 31.35. The USD soared today after jobs reports beat forecasts in the US. The US added 243,000 jobs as reported by the Labor Department for the first time since April. The unemployment rate dropped to 8.3 percent, the lowest since February 2009. View full post on IBTimes.com : Gold

NFP printed 243K, higher than forecast. As expected markets took out all resistance’s and moved to the almighty important level of 1345/50. Key highlights from NFP report View full post on The Market Oracle

Hang on to those precious metals… View full post on IBTimes.com : Gold

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Gold fell 1 percent on Friday, its biggest one-day loss in over a month, after encouraging U.S. payrolls data smashed hopes of extra stimulus from the Federal Reserve, which had been priced into bullion's recent rally. View full post on IBTimes.com : Gold

A Maine seafarer said he had found the wreck of a World War II merchant ship off the Massachusetts coast, sunk while carrying a cargo of the precious metal platinum valued today at nearly $3 billion, an unprecedented find that has raised some doubts. View full post on IBTimes.com : Gold

Chinese gold and copper miner Zijin Mining Group Co Ltd reported on Friday an estimated 5.8 billion yuan ($919.58 million) profit for 2011, up 20 percent from the prior year. View full post on IBTimes.com : Gold

Hong Kong and Shanghai shares extended their weekly gains, as better-than-expected global economic data this week spurred investors to take advantage of the low valuations and buy into financials and growth-sensitive sectors. View full post on IBTimes.com : Gold

European stocks were up around midday on Friday, hitting a six- month high as investors cheered data that hinted the euro zone may avoid slipping back into recession, eclipsing a disappointing start to the earnings season. View full post on IBTimes.com : Gold