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Archive for December, 2007

Reduced scrap gold sales suggest higher gold prices

Gold Fields Minerals Services (GFMS), the London-based metals consultancy, says that the sale of scrap gold in India and the Middle East this year is down compared with prior years. India and the Middle...

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Posted by Bill Haynes on December 20th, 2007

Category: Gold

$1,000 gold in a recession?

In my last post, I noted that Jessica Cross, CEO of Virtual Metals, had forecasted $900 gold in 2008. Now, Citigroup (Citibank) sees the possibility of $1,000 gold if the US economy goes recessionary....

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Posted by Bill Haynes on December 18th, 2007

Category: Gold

$900 gold in 2008?

Resourceinvestor.com has posted an interview with Jessica Cross, CEO of Virtual Metals, who says “we’re going to be very surprised if we don’t see $900 an ounce in 2008.” Obviously,...

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Posted by Bill Haynes on December 14th, 2007

Category: Gold, Silver

A ticking time bomb

The most often given reason for buying gold and silver by new investors is concern about the dollar. And, rightfully so. The dollar is in a precipitous decline in the foreign exchange markets, brought...

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Posted by Bill Haynes on December 3rd, 2007

Category: The Dollar