PRECIOUS-Gold down as U.S. retail sales dampen easing hopes
Posted by admin on Aug 14, 2012 in Gold | 0 comments
ed Aug 15, 2012 1:17am IST * U.S. retail sales beat forecasts in July * Stop Logic triggered, gold market functioned properly-CME * South African supply fears underpin platinum group metals * Coming up: Filings by hedge funds, money managers later Tuesday (Adds details, updates market activity) By Frank Tang NEW YORK, Aug 14 (Reuters) – Gold slid on Tuesday as...
Read MorePriced in Gold
Posted by admin on Jun 28, 2012 in Gold | 0 comments
Charles Vollum http://pricedingold.com/ US Dollar and S&P500 Index The charts below show clearly just how far the once mighty US Dollar has fallen. Until 1933, people carried gold coins in their pockets, and paper bills were exchangable for gold and silver coins at any bank. Prices were remarkably stable, and had been for a hundred years or more, except for periods of war or other...
Read More