Monthly Archives: December 2011

US Mint To Begin Accepting Orders For 2012 Dated American Eagle Coins Next Week

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Kitco News By Kitco News December 28, 2011 (Kitco News) – The US mint says that they will begin accepting orders for 2012 dated one ounce, half-ounce, quarter-ounce and tenth-ounce American Eagle gold and silver coins beginning Jan 3, 2012. … Continue reading

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2012 Outlook : Silver Should See Renewed Investor Interest On Global Finance Worries

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Kitco News By Kitco Reporters December 28, 2011 (Kitco News) – Silver bulls should have cause to celebrate once again in 2012, even though supply/demand hangovers caused by an intoxicating run to early-year record highs actually has them swallowing small … Continue reading

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China’s Central Bank Clamps Down On Gold, The Only Safe-Haven Left

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Forbes.com By Agustino Fontevecchia December 27, 2011 The People’s Bank of China (PBoC) continues to strengthen its hold of the local gold market, banning the establishment of gold trading platforms and channeling everything through the Shanghai exchanges, according to an … Continue reading

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Gold Climbs in London as Dollar Decline Boosts Investor Demand

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Bloomberg Businessweek By Millie Munshi December 26, 2011, 8:14 PM EST Dec. 26 (Bloomberg) — Gold rose in London as the dollar declined against the euro, boosting the appeal of precious metals as alternative assets. Bullion has climbed 13 percent … Continue reading

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Gold Is Battered, Bruised, But Not Beaten

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Kitco News By Debbie Carlson December 22, 2011, 9:45 a.m. (Kitco News) – Like a prizefighter who has taken a few upper cut blows, gold might be a bit woozy, but the metal’s longer-term uptrend is hardly on the ropes. … Continue reading

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Gold Prices Poised for 11th Year of Gains in 2012

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The Street By Alix Steel December 22, 2011 NEW YORK (TheStreet) — Gold prices took a beating in late 2011, but many experts think the path in 2012 is still paved with higher prices. Gold had a wild 2011, starting … Continue reading

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Fitch Again Warns U.S. Debt Burden Threatens AAA Rating

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Reuters By Daniel Bases Wed Dec 21, 2011 5:28pm EST (Reuters) – Fitch Ratings on Wednesday warned again that the United States’ rising debt burden was not consistent with maintaining the country’s top AAA credit rating, but said there would … Continue reading

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Gold Hits One-Week High On Upbeat U.S., German Data

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Reuters By Rujun Shen Wed, Dec 21 09:55 AM IST SINGAPORE (Reuters) – Gold rose to a one-week high on Wednesday, extending gains from the previous session, as upbeat economic data from the United States and Germany boosted market sentiment … Continue reading

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Payroll Tax Deadlock Could Hit Economy

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CNNMoney.com By Chris Isidore Dec 20, 2011 2:37 PM EST If Congress fails to pass an extension of the payroll tax holiday, it would put a serious dent into economic growth in 2012 and could even help tip the U.S. back … Continue reading

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House Vote Puts Tax Cut In Limbo

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The Washington Times By Stephen Dinan December 20, 2011 The House voted Tuesday to enter into negotiations over the payroll-tax cut, but the top Senate Democrat refused, leaving an impasse that threatens to increase taxes on 160 million workers and … Continue reading

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