Archives

February 2008 Archives

China Gold Demand Now 2nd in World - 2008-02-29
China has reportedly overtaken the United States to become the second biggest market in the world for gold and gold jewelry, according to new figures from the Shanghai Gold Exchange.

Wheat Prices Hit Record High - 2008-02-26
Wheat prices rallied to record highs today, rising above $12 a bushel for the first time on record in Chicago as investors piled into the agricultural commodity on signs demand is outpacing supply.

Home Sales Fall to 9-Year Low - 2008-02-26
Sales of existing homes fell for the sixth straight month in January, dropping to the slowest sales pace on record.

Gold Mining in Chile - 2008-02-26
Gold World editor Luke Burgess discusses gold mining exploration, development and production in Chile.

Platinum Peaks Over $2,100 an Ounce - 2008-02-19
latinum set a record high for the 13th straight session on today on lingering power problems in top producer South Africa that have hit mining and widened the gap between demand and supply.

Stock Market Loses $7.7 Trillion Since Oct. - 2008-02-15
Bank of America reported yesterday that the meltdown in the US subprime real-estate market has led to a global loss of $7.7 trillion in stock-market value since October.

South African Gold Mining - 2008-02-13
Gold World editor Greg McCoach reports on South African gold mining falling 6.5% in 2007.

How Now Brown Dow - 2008-02-11
The Dow Jones industrial average is replacing Honeywell (NYSE: HON) and Altria (NYSE: MO) with Bank of America (NYSE: BAC) and Chevron (NYSE: CVX).

US Falls to #4 Gold Producer - 2008-02-08
Domestic gold mine production declined 6% in the United States in 2007, dropping the country to the fourth leading gold-producing nation, according to new figures published by the United States Geological Survey. Globally, the US is now the behind China, South Africa and Australia in the list of top gold producers.

Preparing for Bank Failure - 2008-02-07
It's falling apart. Believe it or not, both the US Treasury Department and the UK Government have been running scenarios depicting a major crisis accompanied by a run on the banks.

Investing in Egyptian Gold - 2008-02-07
Gold World Editor Luke Burgess reveals why investing in Egyptian gold has huge profit potential for investors.

Super Tuesday Phonies - 2008-02-05
We've got forty-three presidential nominating contests in 24 states, fiercely dueling commentators, and complete channel-to-channel coverage. And I know that I should care. But I just don't.

Bush's $3.1 Trillion Budget - 2008-02-04
Bush unveiled a mind-bending $3.1 trillion budget this morning that supports significant increases in military spending to fight the war on terror and protects his signature tax cuts.

Changes in the Stock Market - 2008-02-01
Gold World Editor Greg McCoach addresses recent changes in the stock market... and what it means for gold and junior mining investors.

The Break-Up - 2008-02-01
Following a full week of speculation, Goldcorp Inc. announced that it will sell its 48% stake in silver reseller Silver Wheaton Corp.