Coin News

In the context of the current U.S. Dollar valuation bubble, silver’s eventual price rise seem inevitable. This paper currency bubble commenced with a desperate flight to quality, despite the fact that the U.S. Dollar had been an intrinsically worthless currency since it was taken off the gold standard by Nixon in the early 1970’s. Silver [...]

Copper prices fell to a two-year low earlier this month. The other London-traded base metals followed a similar pattern. In what we view as merely extremely oversold conditions, copper staged a mighty 10% rally. View full post on Resource Investor

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This week’s crash in the global price of gold, the largest drop in 30 years, has resulted in Chinese gold retailers slashing prices and buyers flocking to take advantage of the new bargains by purchasing gold bars, gold jewelry and gold artworks. Chinese consumers are reportedly buying gold as casually as they’d buy cabbages otherwise. [...]

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NZD/USD Wipes Out Last Week’s Gains View full post on Currencies News and Information on Yahoo! Finance

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