Diamond miners recently discovered a ship that went down 500 years ago after draining a man-made lagoon on Namibia’s coast. While shipwrecks are often found along Africa’s Skeleton Coast, this one just so happened to be loaded with $13,000,000 worth of gold coins…..
Kitco News With the growing threat of renewed global instability, the former governor of the Bank of England said that gold could play an important role in a central bank’s official reserves. Image courtesy of the Trades Union Congress Lord Mervyn King, the….
Only a few days after it became clear that an interest-rate hike by the United States Federal Reserve in June is very unlikely it isn’t terribly surprising that gold is looking for a wide hole in the line to run through. Even with….
With gold and silver surging on Friday, with the West’s desperate and massive money printing schemes as a backdrop, Andrew Maguire is right, China will send the price of gold and silver into the stratosphere. “For China, gold’s strategic mission is to support….
(Kitco News) – Since the beginning of May when April US employment printed weaker than expected, gold has declined, stocks have gained and Fed tightening expectations have increased. It appears the marketplace is expecting May data to offset April. Or, is US employment….
Gold has surged more than two per cent as it headed for its biggest one-day jump in seven weeks after US payrolls data fell well short of forecasts, boosting expectations that the Federal Reserve will hold off on an interest rate rise. The….