Trader Tells Us Why Gold Got Hammered
Gold futures tanked today falling nearly 2% for a combination of reasons, according to a futures trader consulted by Business Insider. He pointed to rates rising at the higher end of the yield curve...
View ArticleHeavy Profit Taking In Gold Has Investors Licking Their Wounds
Gold has taken a beating since early October, falling more than $100 to lows not seen in more than three months. The yellow metal has suffered from a combination of intense profit taking, technical...
View ArticleGold Extends Longest Streak Since 1920 on Stimulus
Gold rose, heading for a 12th straight annual gain, on renewed concern that central banks from Europe to China will take steps to spur economic growth while U.S. lawmakers near a budget deadline. Gold...
View ArticleWhy Isn’t Gold Higher?
Hint: Because it’s the Credit Default Swap of the Next Financial Crisis Why isn’t gold higher? Two of the three reserve currencies of the world—the dollar and the yen—are on a relentless race to the...
View ArticleGold gains on market talk Bernanke will downplay policy side effects
Gold prices rose in U.S. trading on Monday amid market whispers that Federal Reserve Chairman Ben Bernanke will downplay inflationary side effects of the U.S. central bank's loose monetary policies....
View ArticleThe Weak Dollar Is Getting Caught In a Currency War Pincer
The dollar—that thing the Federal Reserve has been printing like mad the last few years—is in one of the worst spells in its history, short, medium, and long-term. Against the world’s major currencies,...
View ArticleBitcoins is No Joke
"Bitcoins is not a company. Bitcoins are a currency and a protocol." In this Youtube video, from the New Hampshire Liberty Forum 2013 Bitcoin symposium, you learn about what bitcoins are, why people...
View ArticleAmagi Metals Hits $50,000 in Bitcoin Sales
With little advertising, we are pleased to announce that we are about to hit $50,000 USD in bitcoin sales. This means that we have received $50,000 in the form of bitcoins for gold and silver bullion....
View ArticleA Retort to SocGen’s Latest Gold Report
Société Générale (“SocGen”) recently published a special report entitled “The end of the gold era” that garnered far more attention than we think it deserved. The majority of the report focused on...
View ArticleAmagi Metals Hits $220,000 in Bitcoin Sales in 24 hours
Bitcoins hit a high of $266 on Mt Gox. That same day Amagi Metals received over $220,000 in bitcoin sales, the most we have ever seen. 24 hours later the bitcoin price crashes and went as low as $105...
View ArticleAmagi Metals Website and Shipping Updates
To all of our precious metals aficionado's: We have some great updates coming to you in the next few weeks to improve our website and our shipping times. Website Updates: Customers who pay with credit...
View ArticleLaunch of Inflation Station - Including a Silver Giveaway!
We need your help! Amagi Metals is developing a resource section called "Inflation Station," dedicated to educating people around the world about inflation. Many of you know that inflation is an...
View ArticleAmagi Metals Turns Bitcoins Into Gold
For Immediate Release Amagi Metals Turns Bitcoins Into Gold Denver, Colorado May 15, 2013 If you have money tied up in bitcoins, the virtual currency that is creating so much buzz among the...
View ArticleGold Extends Longest Streak Since 1920 on Stimulus
Gold rose, heading for a 12th straight annual gain, on renewed concern that central banks from Europe to China will take steps to spur economic growth while U.S. lawmakers near a budget deadline. Gold...
View ArticleMarket Update (6/5/2013)
Gold Closing Price: $1,402.10 (+$3.90) Silver Closing Price: $22.52 (-$0.02) Gold and silver prices increased during Asian trading hours, but fell back down by the time the US Market closed. Gold and...
View ArticleSound Money Market Update 6/6/2013
Gold Closing Price: $1,412.00 (+$9.90) Silver Closing Price: $22.68 (+$0.16) Gold hit a high today of $1,423.22, and silver hit a high of $22.887 in the early afternoon, EST. The USD fell again today,...
View ArticleFree Market Update 6/7/2013
Gold Closing Price: $1,378.70 (-$33.30) Silver Closing Price: $21.57 (-$1.11) The dollar strengthened today, but both gold and silver closed lower. Gold had its biggest one-day drop in over three...
View ArticleFree Market Report 6/10/2013
Gold Closing Price: $1,385.40 (+$6.70) Silver Closing Price: $21.91 (+$0.34) Both gold and silver closed slightly higher. The silver/gold ratio is currently sitting at 63.23:1. Could silver be...
View ArticleFree Market Closing Report
Gold Closing Price: $1,378.70 (-$6.70) Silver Closing Price: $21.65 (-$0.26) Both gold and silver fell slightly, but not by much. The price of gold is heavily influenced by whether central banks,...
View ArticleFree Market Sound Money Report 6/12/2013
Gold Closing Price: $1,388.70 (+$10.00) Silver Closing Price: $21.73 (+$0.08) Still not much movement in the gold and silver markets. Both are up slightly, but the gains are very small. This is likely...
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