Monthly Archives: November 2010

MiningWeekly.com By: Liezel Hill November 30, 2010 TORONTO (miningweekly.com) – Barrick Gold, the world’s top producer of the yellow metal, insists the gold price is not in a bubble and sees “lots of room” for further price increases, CEO Aaron … Continue reading →

30 November 2010, 10:54 a.m. By Jim Wyckoff Of Kitco News Gold futures are trading solidly higher and hit a fresh two-week high Tuesday, as heightened concerns over the European Union’s smaller countries’ debt problems are spooking markets. February gold … Continue reading →

30 November 2010, 9:03 a.m. By Allen Sykora Of Kitco News (Kitco News) — Gold has shown an ability to hold up as a hedge during European debt issues this year, says Standard Bank. Parallels have been drawn between current … Continue reading →

The greenback is still the world’s reserve currency of choice. Much of the world is rooting for its dominance, but the Fed wants to bring it down. Here’s what’s at stake. By Anthony Mirhaydari MSN Money It’s become somewhat of … Continue reading →

Via The National Inflation Association

China Daily By Su Qiang and Li Xiaokun (China Daily) Updated: 2010-11-24 08:02 St. Petersburg, Russia – China and Russia have decided to renounce the US dollar and resort to using their own currencies for bilateral trade, Premier Wen Jiabao … Continue reading →

By Shigeki Nozawa Nov. 18 (Bloomberg) — The dollar may fall below 75 yen next year as it becomes the world’s “weakest currency” due to the Federal Reserve’s monetary-easing program, according to JPMorgan & Chase Co. The U.S. central bank, … Continue reading →

The Street By Alix Steel 11/23/10 – 12:58 PM EST NEW YORK (TheStreet) — Gold prices were rising Tuesday as traders digested contagion worries in Europe and an erupting conflict between North and South Korea. Gold for December delivery was … Continue reading →

By Pham-Duy Nguyen – Nov 23, 2010 9:12 AM PT Gold rose the most in two weeks on demand for a haven amid Europe’s sovereign-debt crisis and escalating tensions between North and South Korea. The euro fell as much as … Continue reading →

By Rita Nazareth and Elizabeth Stanton – Nov 22, 2010 2:17 PM PT U.S. stocks fell, ending a three-day gain in the Standard & Poor’s 500 Index, amid speculation an Irish bailout will fail to stem Europe’s debt crisis and … Continue reading →