Tag Archives: israel

In today’s mad world that seems to be increasingly “on fire with risk”, clients come to us to learn how they can safeguard their savings. In a special contribution to Birch Gold Group, one former financial pro offers his opinion on the key to success. See what he has to say right here.

Each and every week we bring you pertinent news related to gold and the overall economy. This week, the World Gold Council forecasts a positive return to past, high levels of global gold demand, the ratio between the price of oil and the price of gold is at a local peak, and finally, why the Ukraine crisis is emphasizing the role of gold as a safe haven investment. All in this week’s Your News To Know.

Every week we bring you relevant news pertaining to gold and the economy. This week countries’ central banks are continuing to enhance their gold reserves amidst an uncertain world, tension in Ukraine is shooting up the price of gold, and a revitalized demand for gold is stimulating the market of gold exploration. All in this week’s Your News To Know.

Each week we give you news pertinent to the activity of the gold market and ultimately our greater economic well-being. This week, conflicts in Eastern Ukraine and Israel-Palestine are emphasizing the role of gold as a safe haven investment. American financial policy is forcing foreign individuals away from the dollar and into gold. Finally, the overdue gold price reform is searching for a 3rd party to administer the price fix. Here are this week’s headlines.

Despite a fourth week beneath $1700, physical gold continues to inspire confidence, remaining a safe haven during this rather frantic close of the year. Gold closed up Friday at $1657.50 while silver closed up at $30.15. With the country now coming ever so close to going over the fiscal cliff, many analysts believe that the U.S. will end up doing just that. Meanwhile, forecasters are calling for the European Union to remain intact, but with significant shocks for 2013. Renewed unrest in the Congo throws Chinese mining interests in the region into flux. Ongoing tensions in Sudan, Libya, Egypt, Israel, Palestine and Syria complicates the future of oil, rare earth and precious metal prices creating a fiscal time bomb in the region. In Asia, Japan’s growth has come to an almost complete halt, but South Korea is seeing surpluses. The Chinese business sector is chomping at the bit for a stabilized stock market, looking to initiate a backlog of IPOs. Brazil’s economy is on fire, but they are importing gold. Bolivia has made good on nationalizing a few mines and Peru may finally make that move in early 2013. The world continues to spin, and precious metals and rare earths continue to be its axis. Have a prosperous New Year.

Two weeks ago we saw gold business cards in Hong Kong, and last week brought a lucrative heist in Portland and a mineral museum robbery in California – seems as if the desire for gold is reaching a fevered pitch. Talks of secession from the Euro were joined by screams for secession from the United States, further fueling the currency realists’ call for gold-backed paper. With the yellow metal range bound this week, closing at $1713.50 on Friday, those who thought they should jump in did. Silver continues its saunter towards a predicted breakout, closing at $32.27. With no clear economic policy from any place on the planet, the markets are struggling to find their footing, leaving many to wonder, “How close may we be to a surge from precious metals?”