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The Metals: Today's Prices
Gold $804.10 /oz Positive $4.80
Silver $0.1232 /oz Negative $-0.0063
Copper $3.12 /lb Negative $-0.15
Aluminum $1.21 /lb Negative $-0.02

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"No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility."

-- The Constitution of the United States of America, Article 1 Section 10
Archives

October 2007 Archives

The Canadian Dollar Soars to New Record - 2007-10-31
The Canadian dollar topped of at $1.0577 today, it's highest level since March 28, 1960 as commodity prices surged after the Fed cut key interest rates by a quarter-point despite a report by the Commerce Department that showed the US economy growing at a brisk 3.9%, the fastest pace in a year and a half.

$1000 Gold by the End of 2007 - 2007-10-29
Gold looks set to close in on the $800 level after rising to a new 28-year high early this morning. The precious yellow metal rallied in overnight trading topping off at $798.30/ounce as crude oil prices surged to a record peak and the dollar tumbled on speculation over a Halloween U.S. interest-rate cut.

Making Money in Commodities - 2007-10-25
Editor Greg McCoach was recently featured on BNN's 'The Commodities Report' and gives away his secrets for making money in commodities.

The Best Place in the World for Gold and Silver Exploration - 2007-10-15
As many of my regular readers know, Mexico is without a doubt my favorite country in the world right now for precious metal exploration. The country has everything going for it. The economy is strengthening, mineral development has very strong government support, and, best of all, the country is still teeming with undiscovered gold and silver deposits after 500 years of mining history.

Copper Fundamentals Still Bullish - 2007-10-09
For most of the past 18 months, copper prices have ho-humly averaged about $3.50/lb, slightly lower than Monday's close of $3.6210/lb. But the long-term fundamentals of the building metal are still as bullish as ever.

Found: The Largest Gold Deposit Ever in Shaanxi Province, China - 2007-10-05
Chinese officials from the provincial administration of land a resources confirmed this week that a gold major discovery was discovered at a mining base in the mountains of China's Shaanxi Province.

All Signs Point to BUY GOLD - 2007-10-01
Continued turmoil in the mortgage finance system led to an 8.3% drop in the sales of new single-family homes for the month of August. Meanwhile, builders in the US began work on the fewest homes in twelve years and new building permits dropped 5.9% to their lowest levels since 1995.



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