Commodities Markets

GFMS: Gold to pass US$1600 in 2011

The following was released by GFMS and outlines the highlights of its Gold Survey 2011. The summary draws from a briefing given by GFMS chairman Philip Klapwijk in London. For more information and to buy the full report visit www.gfms.co.uk.




U.S. markets fall, Apr. 11-15

U.S. markets took a turn for the worse during the Apr. 11-15 trading week, with the Dow Jones Industrial Average falling 38.22 points or 0.31% to 12,341.83 and the S&P 500 index slipping 8.49 points or 0.64% to 1,319.68. China’s…



Gov’ts squeeze mining companies

With miners and their associates having been given a free hand for much of the past decade, one trend of the new decade is a renewed willingness on the behalf of national governments to step in and get involved in the high-level decisions of…






Ned Goodman firmly backs gold

Ned Goodman, the founder of the Dundee group of companies, has a decidedly gloomy world outlook these days. Goodman spoke at the National Club in Toronto on April 4 and said that he didn’t like the direction the world was heading in, nor did he…


Murenbeeld debunks gold myths (April 06, 2011)

One of the gold community’s most trusted economist, Martin Murenbeeld, made a stop in Toronto on April 4th to dispel what he says, are some of the looming myths around gold prices. Murenbeeld, who is chief economist for DundeeWealth, has over…


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