Posts Tagged ‘european’

GoldMoney Founder and Chairman James Turk knows how to find great deals on gold and silver. He claims that the 2012 bottom for gold came during the first week in January. If the year’s low is already history and if his projection that gold will hit the $2,000/oz mark within three months is on target, you do the math Full story

- VANCOUVER, BRITISH COLUMBIA-- - Eldorado Gold Corporation today announced that, in connection with the previously announced arrangement involving the Company and European Goldfields Limited , the Supreme ... Full story

When it comes to picking gold mining names in the current market environment, John Stephenson, author and portfolio fund manager at First Asset Investment Management, believes that buying the “best of breed” is the way to go. In this exclusive interview with The Gold Report, he explains his reasoning in light of how the current global economic environment is affecting prospects for the metals ... Full story

Gold's best chance for success should occur when the European debt drama has been aggressively dealt with by Europe's central bank and political leaders - Clif Droke says. Full story

By Jeb Handwerger Commodities In Characteristic Selloff Once again at the end of 2011 we heard the voices of negation sounding the fear of the bursting of the commodities bubble. The naysayers come out with their Cassandra calls whenever commodities go into a characteristic and salubrious selloff. They never really learn to respect the importance of gold ( GLD ) and silver’s ( SLV ... Full story

If 2010 was the year of rising commodity prices, 2011 was the year of The Deal. This year two key factors conspired to make the environment for mergers and acquisitions particularly attractive to mining companies Full story

Gold is ringing out the year on a sour note, dropping below $1,550/oz and losing nearly 10% of its value in the last month. Falling gold prices have weighed down the TSX, which is up only 0.6 % over the last month while down in the United States’ S&P 500 is up 5.45% over the same period Full story

Gold fell 2 percent to a three-month low on Wednesday, as the dollar rallied against the euro on more jitters about European debt, while losses in U.S. equity and commodity markets triggered a technical sell-off of the precious metal. Full story

Despite calls for the death of the gold bull market, the precious metal managed to climb $21 higher on Tuesday to settle above the $1,600 psychological level.  The U.S. dollar declined as the euro sustained a move above $1.30.  While many expect today’s European Central Bank loan offering to add some form of stability to the euro zone, investors are still remaining cautious Full story

Gold is mixed and marginally higher in dollars and euros today despite European finance ministers pledging extra funding to the IMF. Full story