It's about time the contrarians realise that the world has changed. Gold continues to climb, closing at over $1400/oz this past Friday. And the word on the street is that this run is far from over.
With investors hurdling toward gold as the governments prints more money, we are reminded of a story that many gold enthusiasts may already know.
Big banks like JP Morgan and HSBC, not only act as custodians but are allowed to have short positions in the gold and silver market. Here's what it means for investors.
The stampeding bull market in commodities hit a wall Friday as China told everyone they will try to slow its economy to tame inflation by raising interest rates once again. As the world's largest consumer of many raw materials, any hint of slower economic growth sends goosebumps through commodity markets. But as gloomy as the market ended, it doesn't mean that things are about fall.
A report on the new world currency the government doesn't want you to know about and shocking proof that even the US is beginning to doubt the Dollar