London Gold Market Report

Posted September 29, 2007

London Gold Market Report
FXStreet.com - He advised Buying Gold to defend against monetary inflation and the world’s new supply of gold bullion is now “facing headwinds” as the Toronto Globe & Mail reports today. Speaking at the Denver Gold Forum, president and CEO of Newmont Mining

14-Day Search
Pekin Daily Times - Attractions will include 70 tables with buying, selling and trading of U.S. coins, silver and gold bullion, world and ancient coins, error and variety coins, paper money, coin jewelry, stamps, sports cards and more. Admission is free. Full Details

JASON STATHAM
Rope of Silicon - The film is about a gang of robbers who create the largest traffic jam in Los Angeles history, giving them time to pull off a theft of gold bullion. Statham recently completed filming the feature Chaos opposite Ryan Philliippe and Wesley Snipes. He

Bernanke Blinks - But Will It Matter?
Safe Haven - Of course any money not required for more immediate needs should technically be held in gold bullion against this risk, where balancing all ones needs is the task at hand then. And you know, if short positions had not absolutely exploded in this

Website Improves Market Efficiency to Better Oppose the Looming Water
24-7PressRelease.com - To tackle this issue, there should be an efficient global market for water and wastewater contract opportunities as we have for other important commodities like oil and gold bullion. It is being discussed again and again that, in the near future, the

IMF faces identity crisis
International Herald Tribune - It faces cuts in its staff and salaries and is even considering the sale of its gold bullion reserves. “What might be at stake today is the very existence of the IMF as the major institution providing financial stability to the world, a global public

Cannabis king put away for 13 years

Posted September 28, 2007

Cannabis king put away for 13 years
News.com.au - Syndicate chiefs earned up to $300,000 each crop, paid in cash and gold bullion, with most of them burying it in secret caches including down a mine shaft at Mt Mulligan. They used drug mules, paying up to $30,000 a trip, to travel to Amsterdam and

Bernanke Abolishes Corrections and Bank Losses
Safe Haven - I almost wish I had no money in my brokerage account or my banking accounts right now and just had a closet full of gold bullion. One could sell everyone one has and put it in gold and not have to worry about a thing right now. But of course

IAMGOLD 2007 Second Quarter Results
Market Wire - Cash, short term deposits and gold bullion position as at June 30, 2007 was $189.5 million valuing gold bullion at market. - Capital expenditures totaled $20.4 million. - Corporate exploration expenditures were $14.3 million. - In July, the Company

Gold Exchange Traded Funds Exceed Bullion Held by Bank of Japan
Bloomberg - Sept. 26 (Bloomberg) — Gold held in exchange traded funds reached 823 metric tons, exceeding the holdings of the Bank of Japan, Credit Suisse Standard Securities said. Bullion held by funds such as Lyxor Gold Bullion Securities on the London Stock

Business in Brief

Posted September 22, 2007

Business in Brief
Buenos Aires Herald - NEW YORK Goldman Sachs yesterday raised its three-month gold price forecast to US$775 an ounce from US$700 an ounce, largely based on the further weakening of the US dollar. “We believe that gold continues to gain support from the structural

Gold prices touch fresh peak of Rs13,791
DAWN Group - He anticipated that the gold price may cross the $750 per ounce mark in near future in case the above cited factors continued weighing in. However, he claimed that fine gold rates in Pakistan were still lower by Rs300-350 per tola, while gold tezabi

JSE claws into the black
Sunday Times South Africa - We are up and it is all on the commodities side, because the US dollar is under pressure, and gold is up at a new high level The JSE managed to claw back into positive territory by midday on Friday as a firmer gold price lifted commodity stocks. An I

UPDATE 3-Gold hits 28-year high as dollar struggles
Reuters UK - As we approach the end of this year, the gold price will follow oil and reach $800,” said Yukuji Sonoda, precious metals analyst at Daiichi Commodities in Tokyo. Fundamentals looked strong, with gold miners globally reducing their hedges, the United

Gold touches 27 year high
AME Info - their highest level since 1980 yesterday, Friday, before profit-booking forced a retreat, reported Reuters. Spot gold was at $732.5 an ounce late on Friday in New York after having reached $739 in Europe earlier in the day. The run on the gold price

Gold hits 28-year high on dollar weakness
Financial Times - Higher oil prices also contributed to the gold price increase as some investors consider bullion as a hedge against inflation. Gold prices in the Comex futures market in New York earlier reached a 28-year high of $738.3 an ounce. Gold traders said

Harmony to announce R1,4bn-plus debt raising ‘imminently’
Mining Weekly Online - Briggs said that the ground regained had not all been on the back of a soaring gold price. Investors see that there is value in our stock, so they buy, he said. They saw that there had been a lot of overselling. Briggs added that he had