Dundee's Ned Goodman sees China's recent gold buying as a means for the country to eliminate the US dollar as the reserve currency.
Articles Tagged "gold"
Gold – Reuters reported that gold got a boost on Thursday as both the dollar and the equity markets moved down.
Palladium – The Financial Post reported that the gold-palladium ratio slipped to 1.81 on Monday, its lowest point in over two years, on the back of US jobs data that suggests the country's recovery is on track and news that Standard & Poor's has revised its sovereign credit rating for the US upwards.
Platinum – Reuters reported that in order to maintain the viability of its platinum and gold industries, South Africa may make unspecified "interventions" into the sectors.
Gold – Aureus Mining Inc. (TSX:AUE, AIM:AUE) announced results from the Definitive Feasibility Study for their New Liberty Gold Project in Liberia.
Gold – Lachlan Star Limited (TSX:LSA,ASX:LSA) announced that they have closed the second tranche of their non-brokered private placement.
Gold – Reuters reported that gold climbed modestly on Tuesday, but is still suffering from a shift in investor sentiment towards equities.
Gold – Midland Exploration Inc.(TSXV:MD) announced that they have acquired a 100 percent interest in gold property made up of twenty-nine (29) claims in two blocks located along and proximal to the prolific Cadillac Break.
Gold – Agnico Eagle Mines Limited (NYSE:AEM, TSX:AEM) announced that they have acquired Urastar Gold Corp. (TSXV:URS, OTCQX:URNRF).
Gold – Mining Weekly reported that the demand for physical gold in Asian particularly is sky rocketing, propelled up by weaker currencies.