A Rush For Gold In Iran – Currency Collapse Sends Gold Prices Soaring

The already weak economy of Iran faces additional pressure after the European Union banned all oil imports from Iran effective July 1.   The EU actions support a U.S. directed effort to embargo Iranian oil and sanction the Iranian banking system, effectively freezing Iran out of the international financial system. The moves by the United State [...]
Gold and Silver Blog

Bearish Gold Forecasts Suggest Soaring Gold Prices In 2012

Will gold soar this year as central banks go wild with money printing?  Or will gold collapse as debt defaults overwhelm the system and propel the world economy into a deflationary black hole? Members of this week’s Barron’s Roundtable were asked what they thought about gold.  Panel members offered their usual variety of informed opinions [...]
Gold and Silver Blog