Archive for: Greece Sovereign Debt

US Gold Coin Sales Explode

As confidence in paper currencies continue to wain, sales of gold coins in the U.S. has soared in May, already twice what it was in May 2009, with several more days...

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Gold Prices Today Level So Far

Gold prices today as of about 12:00 P.M. EST, are pretty much level, standing at $1,238.00 after two days of soaring to record highs, as the mulling over of the...

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Gold Rocking on Weaker Dollar

Gold has exploded upward today, rising to as high as $1,156.35 an ounce, as the U.S. dollar fell against the euro after Germany again confirmed it stood ready to...

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Gold Going Up on Greek Concerns

Gold dipped earlier in the session but has rebounded to level off around $1,160 an ounce. Even though Greece and other members of the EU made it look like the loans...

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Gold Prices Rise with Dollar

Gold will get an interesting test this coming week, as the European Union committed about $40 billion in loans to Greece for a backup in case of emergency over the...

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Gold Hits Four-month High

Gold surges to four-month highGold closed the week hitting a four-month high as deepening concerns about the Greece sovereign debt crisis refuses to go away, and...

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Greece Borrowing and Gold

Gold: The New CurrencyThe finance minister of Greece announced today that the country will continue to borrow, even at the high interest rates which have increased...

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Safety Concerns Drive Gold Prices Up

Greek Sovereign Debt and Liquidity Problems Drive Gold Prices UpAfter gold rose well past $1,150 an ounce today before settling below the mark, safety was the key...

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Gold and Alleged Economic Recovery

Gold and Economic Recovery I get tired of hearing the supposed connection between the increase in price of gold and the alleged economic recovery we’re in....

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Gold Prices Up on Sovereign Debt Issues in Europe

Gold Prices Up Even though European leaders got behind a proposal from Germany and France to back up Greece, most onlookers believe the sovereign debt issue in Europe...

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Gold Prices Fall on Stronger Dollar, Europe Debt

Gold Prices Plunge The situation concerning sovereign debt and Europe and the viability of the euro as a currency keeps pushing the U.S. dollar up and in some cases...

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Gold Fighting for Reserve Currency Status

Gold being looked to as Reserve Currency! There has been a lot of confusion form people commenting on reading stories about gold, as one day a headline will read...

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