Articles Tagged "currency"

Gold Price Supported by Currency Values

Gold – Gold investment is becoming more accepted as a substitute for currency by industry observers, particularly in light of the context of all four major currencies experiencing structural debasement.

Dive in Silver Price a “Setup,” Says Sprott

Silver – Eric Sprott is CEO of Sprott Asset Management and a long-time proponent of owning both gold and silver. He is also a long-time proponent of the belief in the conspiracy theory whereby large financial institutions are colluding to drive silver prices down, as when prices fell from around $50 to $32 an ounce in May.

Gold Futures Rise to Record Closing Price on `Currency Debasement’ Concern

Gold – Bloomberg reports that Gold futures rose to a record settlement of $1,416.10 an ounce on concern the U.S. will pump more cash into the economy.