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Why People are Buying Gold Now

Filed in commodities, economy, Gold, Gold Prices, ksm by on September 15, 2010 0 Comments

No, it wasn’t a one-day wonder. Gold is holding its own after reaching a record high. The yellow metal’s spot price jumped $25 an ounce yesterday, topping out near $1,275 before pulling back – but not much. This morning, it sits at $1,268. The immediate catalyst appears to have been some conference call chatter by Why People are Buying Gold Now originally appeared in the Daily Reckoning . The Daily Reckoning, offers a uniquely refreshing, perspective on the global economy, investing, gold, stocks and today’s markets. Its been called “the most entertaining read of the day.”

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Seabridge Gold (AMEX:SA) to Get Huge Cash Infusion?

The recent announcement by China they’re looking for strong mining and gold mining companies to invest in has brought attention to a number of mining firms, with one of them being Seabridge Gold (AMEX:SA), which is sitting on enormous reserves via their Kerr-Sulphurets-Mitchell project, with the need of an estimated $3.4 billion to develop the resource. With their attention elsewhere, gold

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Seabridge Gold (AMEX:SA) Begins KSM Drilling

Today Seabridge Gold (AMEX:SA) said it has started to drill at its KSM project in the Stewart, British Colombia, Canada area.KSM, which is 100 percent owned by Seabridge, said the purpose of the drilling will be to convert its existing mineral resources to proven and probable reserves to a larger amount.The Iron Cap zone of the project will also resource definition drilling conducted in it, in

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