Coin News

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The most important factor impacting the price of gold currently is the ongoing set of problems with the euro currency, according to long-time commodities investor Dennis Gartman. View full post on IBTimes.com : Gold

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KitcoNewsNow: R.J. O’Brien: Chinese Premier Remarks, Freeport Force Majeure Support Copper http://t.co/c5uKBeWn View full post on Twitter / KitcoNewsNow

Freeport-McMoRan Copper & Gold Inc. has declared force majeure on concentrate sales agreements from its strike-hit Grasberg mine in Indonesia, the Arizona-based firm said on Wednesday. View full post on IBTimes.com : Gold

An excerpt of Doug’s musings on why “the problems we’re facing are 100% caused by the US government” – from the recent Casey/Sprott Summit When Money Dies. View full post on The Market Oracle

Big banks continue to crawl along… View full post on IBTimes.com : Gold

The European Central Bank is facing mounting pressure to cut interest rates soon amid growing signs the eurozone economy could slide into recession. View full post on Yahoo! Finance: Currencies News

The Troika — IMF, ECB and EC — is demanding draconian new cuts in spending and public employment from Greece as a pre-condition for resuming aid talks, including: 1. 15 austerity measures Greece must take “here and now”; View full post on The Market Oracle

All major currencies have risen against gold again today as the vicious sell off seen on Tuesday and particularly yesterday continued in Asia overnight and in Europe. Gold is trading at USD 1,723.80, EUR 1,192.10, GBP 1,052.90, CHF 1,369.50 and JPY 133,225 per ounce. View full post on The Market Oracle

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Rochdale Securities analyst Dick Bove told Bloomberg TV’s Margaret Brennan this morning that Bank of America has sufficient capital and that you cannot “break the bank” by driving the stock price lower. Bove also re-affirmed his belief that Goldman Sachs needs to shake up its management ranks. View full post on The Market Oracle