Filed under: Major Movement , Competitive Strategy , Barrick Gold (ABX) , Commodities , Federal Reserve Back in the late 1970s, the Hunt brothers from Texas tried to corner the silver market . That drove prices to $48 an ounce. Now, 31 years later, silver is shooting higher again. The March silver futures contract closed at $32.296 per ounce , up 72 cents. Since gold is expensive, investors are turning to silver to hedge against inflation. Many fear that the Federal Reserve will not be able to control the spike in commodity prices. The Fed is buying $600 billion of treasuries and keeping interest rates near zero. Continue reading Silver Near a 31-Year High Silver Near a 31-Year High originally appeared on BloggingStocks on Sat, 19 Feb 2011 12:50:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments
Tag: live gold prices
Agreeable disagreement
Josh was inspired by posts from Zeke at Lucia’s and Judith Curry’s websites. Lucia’s post: Agreeing Judith’s post: Agreeing(?)
Some introspection of WUWT
I recently met with some of our volunteer moderators and contributors while in the Bay Area, and they provided some valuable suggestions on WUWT and its place in the climate debate. Of course, I haven’t asked WUWT readers on this … Continue reading →
Fury as David Cameron Apes Blair with £1m ‘Sofa Squad’ of Unelected Advisers
‘David Cameron was last night accused of snubbing his own Cabinet by reviving Tony Blair’s heavily-criticised policy of running No 10 by ‘sofa diplomacy’ with a new £1 million team of unelected advisers. The high-powered Downing Street recrui…
How To Investing In Gold Bullion | CARDIOBEAMSERVICES
Holding at least a small percentage of your stock portfolio in gold bullion is always a good idea. The relatively stable price of gold can help insure your investment portfolio against economic instability. Gold bullion prices may …
Gold Bullion: Wise Financial Investment
The stock market is quite unpredictable unless you have a good stock market analyst/adviser; you are somehow assured that you can earn from your stock investments. Other serious investors would choose to buy gold bullion as their form …
Gold Mining Stocks List – What Companies Are Worth Investing?
Gold mining stocks come in 3 major categories, namely, gold producers, gold explorers and developers. Gold stocks associated with production of gold are usually less risky but are unlikely to bring high returns. …
BBC4′s “Meet the Skeptics”
Lord Monckton is rather upset with the producers of this show, so much that he filed a legal action for a right of reply according to Bishop Hill. I was interviewed (captured really, they flagged me down in the conference … Continue reading →
NaturalNews exclusive: International Medical Council on Vaccination refutes vaccine propaganda with myth-busting report
(NaturalNews) To hear it from proponents of the vaccine industry, vaccines are based on rock-solid science that proves them to be completely safe and widely effective. These beliefs, however, are not factually based on real science but rather a persist…
Queensland bracing for monster tropical cyclone Yasi
Flood ravaged Queensland is preparing for a monstrous South Pacific Ocean Tropical Cyclone Yasi. Forecast to reach Category 4+ strength on the familiar Saffir-Simpson scale, there really is nothing inhibiting this storm from explosively intensifying and reaching 135 knots+ in … Continue reading →
The Met office and the BBC- caught cold
From the blog autonomous mind, a cold ill wind blows from Britain. At least this time, FOI requests weren’t quashed like they were with CRU. Below are excerpts. The photocopy of the email from the FOI request is telling. autonomous … Continue reading →
