tag:blogger.com,1999:blog-63849807435260388852011-07-30T20:58:15.806-07:00The Superior Gold Group is an industry leader in the precious metals investment industry. With 1,000's of satisfied customers and a long list of highly respected industry partners, the Superior Gold Group can help individuals, corporations and broker dealers alike to satisfy their desire to add gold, silver and platinum to their portfoliosSuperior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comBlogger921100tag:blogger.com,1999:blog-6384980743526038885.post-27936200360030952062010-10-14T02:11:00.000-07:002010-10-14T02:11:31.938-07:00

Britain's six largest banks will start a 1.5 billion-pound ($2.4 billion) fund to help smaller companies to get financing after the government threatened to curb bonuses unless firms boost lending. HSBC Holdings Plc, Barclays Plc, Royal Bank of Scotland Group Plc, Lloyds Banking Group Plc, Standard Chartered Plc and Banco Santander SA's UK unit will contribute to the fund "over a number of years

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-79309625759746937812010-10-05T03:55:00.000-07:002010-10-05T03:55:12.075-07:00

US stocks fell on Monday as disappointing economic data, combined with worries about euro zone debt, pushed investors away from riskier assets and sparked profit-taking after a recent rally. Troubling economic news from Ireland , Portugal and Greece renewed concerns about the euro zone debts, hurting the euro currency and sending the safe-haven US dollar higher. That hit commodity prices and

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-66939634348790679462010-09-29T04:58:00.000-07:002010-09-29T04:58:45.331-07:00

One of the US's top fraud investigators is warning that America's policing of money laundering is wide open to abuse. Eric Lewis will tell a Congressional hearing on terrorist financing that billions of dollars are slipping through the US banking system. In a testimony ahead of the hearing on Tuesday he says that only international action can stop the laundering. The US Committee on Financial

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-22597432074676466672010-09-23T23:04:00.000-07:002010-09-23T23:04:06.046-07:00

Billionaire investor Warren Buffett said US economy remains in recession , disputing this week's assessment by a leading arbiter of economic activity that downturn ended more than a year ago. "We're still in recession," Buffett said on Thursday. "We're not going to be out of it for a while, but we will get out." On Monday, the National Bureau of Economic Research said the world's largest economy

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-30377480568151143102010-09-06T22:14:00.001-07:002010-09-06T22:14:52.087-07:00

More than 80 years ago, Germany sold tens of thousands of bonds to American investors in an effort to recover financially from World War I. Later, Adolf Hitler used some of the money raised by those bonds to build the powerful Nazi war machine that would ravage Europe during World War II. Now, half a dozen US bondholders are turning to federal courts in an effort to force Germany to make good on

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-70592150820106123752010-09-01T22:04:00.001-07:002010-09-01T22:04:47.858-07:00

Wall Street stocks soared on Wednesday after strong manufacturing data in the United States and China eased deep-running concerns over the state of the global economic recovery. The Dow Jones Industrial Average jumped 254.75 points (2.54 percent) to 10,269.47 in closing trades, while the broader S&P 500 index gained 30.96 points (2.95 percent) to 1,080.29 points. The tech-rich Nasdaq composite

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-57849364733876114802010-08-30T21:23:00.000-07:002010-08-30T21:23:11.147-07:00

Japan's central bank eased monetary policy at an emergency meeting on Monday, seeking to contain a strong yen and mollify growing political pressure to revive a faltering economy. The move, which disappointed investors and analysts hoping for bolder action, comes as Prime Minister Naoto Kan prepares a new set of economic stimulus measures. To boost liquidity, the central bank unveiled a new

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-45764606849078872232010-08-27T03:33:00.001-07:002010-08-27T03:36:02.944-07:00

Aerospace giant Boeing said on Friday it would further delay the delivery of its first 787 Dreamliner aircraft until early next year, in another set-back for the troubled jet programme. Boeing said it now expects to deliver the first Dreamliner in the middle of the first quarter of 2011 as it continues to carry out tests on the beleaguered plane, which is already more than two years behind

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-37486571641858760582010-08-24T01:08:00.000-07:002010-08-24T01:11:27.190-07:00

The Obama administration may propose that any federal backing of mortgages be paid for through fees on the lending industry, according to people familiar with the internal discussions. While the administration hasn't settled on a plan to revamp failed mortgage giants Fannie Mae and Freddie Mac, which are now under federal supervision, a consensus appears to be emerging that some type of

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-90220130372129928232010-08-21T05:59:00.000-07:002010-08-21T05:59:53.734-07:00

General Motors filed for a landmark public stock offering on Wednesday that would let the federal government begin selling off its stake in the automaker as well as raise money for GM's turnaround. GM said that it would offer both common stock and preferred stock in the offering, which could begin as early as October, when the Obama administration will be seeking to portray its aid to the auto

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-89394701602975338472010-08-17T01:21:00.000-07:002010-08-17T01:21:12.334-07:00

This week, the latest GDP figures made official something that many have long assumed to be true - China is now the world's second largest economy, eclipsing Japan, which grew at anemic 0.4 percent in the second quarter. According to a Japanese official, the island country's economic output in the second quarter was $1,228 billion, compared to $1,337 billion for China. China is expanding

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-33360713338599016292010-08-13T21:28:00.001-07:002010-08-13T21:28:33.534-07:00

The Bureau of Labor Statistics released its latest data on the Consumer Price Index today, showing that despite deflationary fears, inflation still appears to be the trend, if only slightly. Other economic fundamentals are dropping - unemployment and jobless claims remain stubbornly high - but prices still managed to edge up. The CPI-U rose 0.3 percent in July on a seasonally adjusted basis

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-17744062889543310852010-08-09T22:26:00.001-07:002010-08-09T22:26:40.057-07:00

Many market observers expect the price of physical, dealer gold - as well as futures - to rise in the next few days, as the Federal Reserve reconsiders its monetary policy at a meeting this week. Given the weak state of the economy, particularly with regards to employment, it seems likely that the central bank will consider engaging in further quantitative easing. QE means that the bank

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-1896208291772447262010-08-06T22:24:00.001-07:002010-08-06T22:24:58.135-07:00

China wields greater and greater influence in global financial markets with every passing day, as the world's largest nation transitions from its old role as a low-wage manufacturing center to a mature economy with higher consumption. For decades, it was America's consumers and investors who set the marching orders for economies around the globe, but when over 1.5 billion Chinese people

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-71923420684948826432010-08-02T23:16:00.001-07:002010-08-02T23:16:50.970-07:00

Some analysts see the price of silver rising, potentially faster than the price of gold. TheStreet.com reports that the sinking dollar and technical economic indicators might light a fire under the white metal. Tuesday, silver rose nearly 2 percent to trade at $18.36 per troy ounce. Gold, on the other hand, was essentially at $1,184.80 per troy ounce. This week's economic data will be

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-55238043651106123692010-08-01T00:59:00.000-07:002010-08-01T00:59:30.392-07:00

Gold and silver futures both climbed on Friday, reacting to new information that showed a decreasing pace of economic growth in the U.S. According to gross domestic product data released by the Department of Commerce, the economy continued to expand - growing at an annual rate of 2.4 percent in the second quarter - but did so at a slower pace than the 3.7 percent annual rate seen in the

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-52857725138893733022010-07-26T22:11:00.001-07:002010-07-26T22:11:59.694-07:00

European Union competition regulators launched two anti-trust investigations against IBM, suspecting it of abusing its dominant position in the mainframe computer market. One investigation followed complaints by emulator software vendors T3 and TurboHercules against IBM's practices, and focuses on the US computer group's alleged tying of mainframe hardware to its mainframe operating system. The

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-12598780503642146652010-07-23T23:42:00.001-07:002010-07-23T23:42:49.279-07:00

The price of gold may be set to stage another rise, Bloomberg News and various analysts report, now that the yellow metal has recovered from an eight-week low. Currently, physical gold trades at a five to six percent discount to the record $1,266.50 per troy ounce level that it set back in June. "There’s been an upturn in physical buying, in Asia particularly. People see it is a cheap price

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-36398244499497330162010-07-20T21:35:00.001-07:002010-07-20T21:35:58.078-07:00

The price of gold rose on Tuesday morning as housing construction plunged to its lowest level since October. Figures from the Department of Commerce showed that the seasonally adjusted annual rate of new building fell 5 percent in June, to 549,000. The biggest drops, the report found, were in the construction of condominiums and apartments. Single-family homes, meanwhile, were down only .7

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-56397990562169805652010-07-19T22:44:00.001-07:002010-07-19T22:44:42.669-07:00

In another blow to the euro-zone, Moody's cut the sovereign debt rating of Ireland from Aa1 to Aa2, almost exactly one year after it initially cut the island nation's rating from the top grade, Aaa. The Irish National Treasury Management Agency, which is is responsible for the nation's sovereign debt, put a brave face on things. They pointed out that Moody's now rates the country's bonds as

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-10647055740258762072010-07-16T22:34:00.000-07:002010-07-16T22:34:07.011-07:00

Impressive corporate profits weren't enough to jolt the bulls into action this week, as stock indexes described a perfect parabola from Monday to Friday. Despite gains of 2 to 3 percent at midweek, all three major indexes had collapsed back to their starting points by noon on Friday. That's bad news for those hoping that surging stock values alone could drive the economy out of recession.

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-91886280595188811862010-07-12T22:01:00.001-07:002010-07-12T22:01:40.004-07:00

Bloomberg/BusinessWeek has written a long piece on the economic effects of the gold's rising price, identifying some of the unique opportunities that arise as gold hovers around $1,200 per ounce. Savvy entrepreneurs, inventors and investors have come up with new ways to make money off of the rising price of one of the world's most precious commodities. One path to golden riches, the

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-1137653080401637762010-07-10T00:43:00.001-07:002010-07-10T00:43:47.927-07:00

The chairman of Rogers Holdings said that metals like silver and gold, as well as agricultural commodities like rice, will be the best investments over the next few years. Although he holds both gold and silver currently, Rogers says he prefers the white metal right now because it has been less bullish than gold lately, and represents a better bargain. Regardless, he thinks that gold will

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-40261291256906906562010-07-06T23:11:00.001-07:002010-07-06T23:11:48.222-07:00

India is the world's largest consumer of gold and one of the largest consumers of silver, so the trends in its imports tend to have a strong impact on the markets. With that in mind, the news from MineWeb that silver buying in the subcontinent is looking to have a strong recovery represents good news for the metal. Bullion traders told the magazine that this year, India will buy far more

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-70675910095243343762010-07-04T01:16:00.001-07:002010-07-04T01:16:45.974-07:00

After a rough few days, gold futures rose 1 percent to trade at $1,210.55 per troy ounce in New York. Gold prices hit a record high of $1,266.50 per troy ounce in every major currency in mid-June, but fell for the rest of that month, briefly sinking below $1,200. The specter of a double-dip recession, combined with inflationary fears that have been dogging the markets, combined to help

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-56046044780575383542010-06-28T00:51:00.000-07:002010-06-28T00:51:11.195-07:00

Concerns about sovereign debt, weak employment and a deflating housing market all helped push the price of gold up today. The yellow metal rose by $12.80 to $1,247.60 per troy ounce, off of its earlier record highs but its strongest performance this week. Traders and economists fretting about Greece's continuing instability commanded the headlines today, with stocks plummeting after an

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-38541044229774763862010-06-19T23:54:00.001-07:002010-06-19T23:54:52.597-07:00

China’s central bank said on Saturday that it would make its yuan exchange rate more flexible, in what analysts said was an indication that Beijing was ready to scrap the dollar peg and allow its currency to rise.  However, the People’s Bank of China said there were no grounds for “large swings” in the currency, suggesting that policymakers would maintain a tight grip on the value of the yuan. 

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-69544872282332895752010-06-16T23:35:00.001-07:002010-06-16T23:35:50.603-07:00

Moody's Investors Service downgraded Greece's debt from A3 to Ba1, officially classifying the worst-hit member of the euro-zone as a "junk" bond risk. The Dow immediately plunged almost a hundred points after the news, undermining its strong performance early in the morning. However, the downgrade was far from unexpected - despite austerity measures and a massive if belated bailout by the

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-1180025673876157652010-06-14T22:20:00.001-07:002010-06-14T22:20:12.900-07:00

As the U.S. economy continues to be drained by an unsustainable national debt, job creation is likely to be one of the many areas that will take a hit in the coming years. A recent Treasury Department report estimated that the total national debt for fiscal year 2010 will stand at $13.6 trillion, which is 93 percent of the gross domestic product. With that in mind, Representative Dave

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-3734399773844360002010-06-11T01:58:00.000-07:002010-06-11T01:58:23.391-07:00

Long-term investors in dealer gold had their foresight rewarded yet again this week as the precious metal soared to another record high due to concern about the European debt crisis. A Tuesday Reuters report noted that gold's new record price now stands at above $1,250 per ounce, while gold futures for August delivery stood at another record of $1,254.50. The wire service also noted that

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-1334792335849484812010-06-07T23:38:00.001-07:002010-06-07T23:38:22.753-07:00

Eurozone nations have begun setting up a massive bailout fund that could rescue any member of Europe's currency union from default, aiming to soothe market jitters that have sent the euro to a new four-month low against the dollar. The ``shock and awe'' financial rescue package from the European Union and the International Monetary Fund will total euro750 billion ($1 trillion) — money that can

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-34796506117241037302010-06-04T02:53:00.001-07:002010-06-04T02:53:38.766-07:00

Gold and silver dealers around the world are continuing to hear from anxious investors in light of a euro zone debt problem that seems to show no sign of ending. Last month, the European Union and the International Monetary Fund unveiled a nearly $1 trillion financial bailout package for Greece aimed at calming the markets and putting the sovereign debt crisis to rest. However, any

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-83602357871105816962010-06-01T23:16:00.000-07:002010-06-01T23:16:37.386-07:00

Faced a grim future on Tuesday as its failure to stop a Gulf of Mexico oil spill prompted a plunge in the energy giant's shares and the Obama administration opened a criminal investigation.  President Barack Obama, struggling to get on top of the worst oil spill in US history, vowed an overhaul of US laws and regulations needed to prevent a repeat of the April 20 rig explosion that killed 11

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-71934612454261879342010-05-28T22:24:00.000-07:002010-05-28T22:24:25.059-07:00

Some investors have been optimistically looking to emerging nations like China and India to help the global recovery gain momentum in the coming months. This is because both countries have seen their gross domestic product continue to expand in recent quarters, even as the recession held back growth in much of the rest of the world. An emerging middle class in both nations is seen as

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-23985420401753983402010-05-25T22:16:00.001-07:002010-05-25T22:16:38.657-07:00

Economists appear to be divided on the prospects for a Greek debt default, according to recent survey data from the National Association for Business Economics. The data found that 51 percent of economists surveyed do not believe that Greece will default on its debts, even though there is more of a consensus that the country will also need to restructure some debt to keep this from

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-55857817323437947882010-05-24T22:39:00.000-07:002010-05-24T22:39:07.055-07:00

Concerns about rising sovereign debt levels are increasingly not limited to Europe these days. As Greece continues to struggle with its own deficit crisis, observers are taking note of the large annual deficits incurred by the United States in recent years. Writing in the UK's Telegraph newspaper, Economics Editor Edmund Conway reports that the governor of the Bank of England is among

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-21520203334981050522010-05-22T23:46:00.001-07:002010-05-22T23:46:33.660-07:00

The current level of alarm over the growing U.S. federal deficit is likely to only become more pronounced in the coming years as debts account for a greater and greater share of the country's gross domestic product. According to a recent report from the Committee for a Responsible Federal Budget, debt could account for up to 90 percent of the nation's gross domestic product by the end of

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-49534569225166900912010-05-18T04:18:00.001-07:002010-05-18T04:18:36.147-07:00

Stocks fell for a third day on Monday on growing concerns that Europe's debt problems will hamper a global rebound. The Dow Jones industrial average fell about 80 points in late morning trading. The Dow fell 81.4 points, or 0.8%, to 10,538.6. It has fallen seven of the last nine days. Stocks fell after the euro, which is used by 16 countries in Europe, fell to a four-year low. Investors are

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-5527592361389754982010-05-14T08:41:00.001-07:002010-05-14T08:41:24.411-07:00

US stocks dived for the second day running Friday as fresh concerns over the European debt crisis gripped Wall Street amid a tumbling euro. The blue-chip Dow Jones Industrial Average slumped 153.72 points (1.43%) to 10,629.23 after surrendering more than 100 points a day earlier. The tech-rich Nasdaq composite lost 51.42 points (2.15%) at 2,342.94 while the broad-market Standard & Poor's 500

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-2668421304560167892010-05-11T00:22:00.001-07:002010-05-11T00:22:31.636-07:00

People who are wondering about the stability of the stock market got little reassurance this week as the Dow Jones Industrial Average suddenly plunged 1,000 points Thursday afternoon - a development that some are blaming on a trading error. Soon after the market mysteriously dropped for a short time on Thursday, the Securities and Exchange Commission announced that it was working with

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-7739005769251823492010-05-08T09:48:00.001-07:002010-05-08T09:48:42.634-07:00

While much media attention has been geared toward Greece, Spain and Portugal in recent weeks because of their deficit problems, they aren't the only countries that could end up facing sovereign debt woes in the foreseeable future. A report in the UK's Guardian newspaper said that the United Kingdom's deficit is projected to be 12 percent of its gross domestic product, which would be the

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-64839629653336787572010-05-07T03:34:00.000-07:002010-05-07T03:34:04.465-07:00

Recent setbacks in the stock market and with currencies like the euro have investors consulting with silver and gold dealers about precious metal opportunities. The closely-watched euro zone debt problem is proceeding with few clear outcomes, as some financial analysts warn that the future of the currency itself could be at stake if budget problems in Greece, Portugal and other countries

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-33107512711415840852010-05-05T10:41:00.000-07:002010-05-05T10:41:04.099-07:00

People who are concerned about the size of the U.S. federal deficit got little reassurance this week when the Treasury Department reported that it would issue $340 billion in net marketable debt during the second quarter of 2010. The Treasury also reported that it plans borrow $376 billion in the third quarter of 2010, assuming an end-of-September cash balance of $270 billion. In the

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-5698992092848487492010-04-28T00:07:00.001-07:002010-04-28T00:07:28.138-07:00

Investors around the world have long been concerned that the sovereign debt problems being witnessed in Greece will spread to other countries and undermine the economic recovery. Now, there are signs that at least one country could be in danger of following in Greece's footsteps. According to a report from Reuters, the Portuguese government is facing record costs to insure its debt against

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-44354438179475625892010-04-26T01:31:00.001-07:002010-04-26T01:31:39.381-07:00

 Precious metal prices ended higher on Friday, 23 April 2010 at Comex. Strong economic data weakened the dollar thereby imparting some shine on precious metals. Prices fell earlier in the day due to weak durable goods report. Then strong housing data pulled up prices. Generally, a stronger dollar pressures demand for dollar-denominated commodities, such as crude oil and gold, which become

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-52869415726357751282010-04-25T00:03:00.000-07:002010-04-25T00:03:22.005-07:00

Gold for June delivery, the most active contract, rose $10.80, or 0.9%, to settle at $1,153.70 an ounce on Comex. The contract had earlier hit an intraday low of $1,135.20 an ounce. Most metals chased gold higher, but palladium posted losses. Palladium for June delivery lost $1.90, or 0.3%, to $563.20 an ounce. On the week, gold posted a 1.5% increase despite steep losses on April 16 and Monday

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-23013434324179710522010-04-21T20:12:00.001-07:002010-04-21T20:12:59.825-07:00

Gold prices rose by Rs 26 or 0.16 per cent to Rs 16,747 per ten gram in futures trading today on sustained buying and firming global trend. At the Multi Commodity Exchange, gold for August-month contract rose Rs 26, or 0.16 per cent to Rs 16,747 per ten gram, with an open interest of 1,217 lots. The metal for delivery in June contract also moved up Rs 23, or 0.14 per

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-18217734713857342822010-04-19T04:57:00.000-07:002010-04-19T04:57:06.744-07:00

Commodities investors who have benefited from rising precious metals prices in recent months may be a bit more wary when it comes to another key resource - oil. This is because financial experts are becoming concerned that oil prices could be rising at a rate that will impede the slowly emerging economic recovery around the world. A report this week in London's Financial Times newspaper

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-64755562669295077002010-04-14T09:23:00.000-07:002010-04-14T09:23:01.273-07:00

The recent plan to help bail out the struggling Greek economy will have a positive effect on the gold market. That's the assessment of GFMS Ltd. Executive chairman Philip Klapwijk, who, according to Bloomberg News, told a precious metals meeting that gold could reach up to $1,300 per ounce as investors look for alternatives to bonds. By the end of trading Monday, gold had slipped from a

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-76808379686236886492010-04-12T03:06:00.001-07:002010-04-12T03:06:57.801-07:00

People who have been considering investments in dealer gold as a way to wait out any upcoming economic difficulties may have gotten further motivation this week when Fitch Ratings downgraded Greece's credit rating. Greece has been alarming investors for weeks amid speculation that it will be unable to cover its future debt obligations, largely because of a budget deficit that is far above

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-14120346492078615602010-04-09T08:05:00.001-07:002010-04-09T08:05:49.921-07:00

For taxpayers who are alarmed about the federal deficit's rate of growth in recent years, a look at the short-term numbers for the current year will offer little consolation. New data from the Congressional Budget Office indicates that for the first six months of fiscal year 2010, the government ran a $714 billion deficit. One potential bright spot here is the fact that this figure was $67

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-84345576674480975432010-04-07T07:32:00.001-07:002010-04-07T07:32:27.061-07:00

Greece is continuing to affect the value of the Euro with its sovereign debt problems, while also giving investors a glimpse of what could be things to come if other nations, such as the U.S., end up on a similar path in the future. A Wall Street Journal report noted that early this week, the cost of insuring Greek government debt went up significantly, in part due to questions about

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-16231338799889984432010-04-05T09:52:00.001-07:002010-04-05T09:52:36.331-07:00

Silver and gold dealers are likely to see growing demand for precious metals among investors in the coming months, in light of an improving economy that has provided some momentum for commodities in general in recent days. For example, a recent Associated Press report noted that platinum and palladium prices had gained last week, along with other metals such as copper and silver. Many of

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-78216425017786674642010-03-31T06:25:00.001-07:002010-03-31T06:25:26.183-07:00

Dealer gold continues to be an attractive investment opportunity in light of ongoing concerns about the slow economic recovery, but there are other precious metals worth taking a look at as well. One such example is platinum, which was featured in a recent personal finance column on Forbes.com. In the column, Christopher Helman notes that platinum is needed for catalytic converters in

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-67600126665188649152010-03-29T10:13:00.000-07:002010-03-29T10:13:40.196-07:00

Consumers have more than one reason to take a look at dealer gold and other traditional safe haven investments. This is because along with a rapidly growing national debt, the Social Security system is also expected to pay out more this year than it generates from taxes. A report in the New York Times cited past government expectations that this would not happen until 2016, and suggested

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-67381035059703057952010-03-27T00:31:00.000-07:002010-03-27T00:31:00.199-07:00

One reason why the price of dealer gold has remained strong is that many Americans remain unconvinced that an economic recovery has completely taken hold, and that a double dip recession could be on the horizon. Among the various economic indicators that have provided mixed news in recent months, unemployment has been perhaps the most closely followed, having hovered at or around 10

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-15647800475053770232010-03-25T00:29:00.000-07:002010-03-25T00:29:04.617-07:00

Now may be a good time to talk to silver and gold dealers about the buying opportunities that may currently exist for precious metal investments. According to a recent ABC News report, gold prices hit a point below $1,100 per ounce for the first time in about a month. The decline was seen as reflecting investor anxiety about sovereign debt concerns facing Greece. The news network added

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-50147079229132629042010-03-19T07:14:00.000-07:002010-03-19T07:14:00.264-07:00

Gold and silver dealers, as well as their customers, may be interested to hear about legislation in Idaho that illustrates how many people are becoming less confident in federal currency as the national debt continues to soar to unprecedented levels. A report in the Spokane Spokesman-Review focuses on Idaho state representative Phil Hart, a Republican who has introduced a bill that would

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-50489002145053417252010-03-17T03:55:00.001-07:002010-03-17T03:55:30.872-07:00

One reason to consider investing in dealer gold has long been concern about whether the U.S. government will be able to fully fund its obligations to the Social Security system in the coming years. This is especially the case when considering a recent report from the Associated Press about the $2.5 trillion in IOUs the federal government keeps in Parkersburg, West Virginia for the Social

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-18966106770586651132010-03-15T03:49:00.001-07:002010-03-15T03:49:47.292-07:00

People who are wondering if now is the time to talk to silver and gold dealers about precious metal investments may want to consider a recent media report that could invite speculation about the long-term strength of the U.S. dollar. A recent article by AFP noted that financial experts are predicting that the Canadian dollar will trade just above the value of the U.S. dollar for a short

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-75161313080363483662010-03-13T02:32:00.001-08:002010-03-13T02:32:46.366-08:00

The size of the U.S. national debt are raising concern about the long-stability of the dollar while also giving people more of a reason to talk to silver and gold dealers about precious metal investment opportunities. In fact, one South Carolina state lawmaker has even made news with his proposal to end the use of federal dollars in the state and replace the money with silver and gold

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-48508205273759331592010-03-11T03:53:00.000-08:002010-03-11T03:53:04.688-08:00

Dealer gold prices have continued to remain strong even in light of a supposed economic recovery in recent months. This is largely due to the considerable uncertainty that continues to surround the global economy, especially in the area of jobs. Gold has long been seen as a traditionally safe alternative to equities markets during times of economic uncertainty. However, it may be time to revise

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-79869772054093205862010-03-10T01:00:00.000-08:002010-03-10T01:00:06.694-08:00

Portugal's government is reportedly following in the footsteps of Greece by adopting austerity measures to help hold off looming budget problems. For several weeks now, the fiscal situation in Greece has alarmed investors who are concerned about the long-term damage a debt default could inflict on the euro. Greece has taken some steps to control its spending, casing angry demonstrations by some

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-12154174216053225802010-03-05T04:39:00.000-08:002010-03-05T04:39:45.381-08:00

A prominent economist is highlighting the value of dealer gold as a long-term investment option that could help protect people in the event of serious financial problems in the foreseeable future. A report in the United Kingdom's Times newspaper, Marc Faber, who is credited with predicting the 1987 stock market crash a week before it happened, advised an audience in Tokyo recently that

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-76707681094828340412010-03-03T12:40:00.001-08:002010-03-03T12:40:18.384-08:00

The ongoing strength in the dealer gold market is being fueled by a mix of economic uncertainty, increased industrial activity in some countries and a growing middle class in emerging nations like China and India. Prices have enjoyed a run-up for much of the past decade, in part because gold has long been seen as a traditionally safe option for investors wary of trusting their money to a shaky

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-7959755428644133292010-03-02T09:11:00.001-08:002010-03-02T09:11:53.833-08:00

Gold has long played a crucial role in international financial markets and it continues to do so - as evidenced by a recent announcement from the International Monetary Fund that it will be taking another step forward in its plan to sell 403.3 metric tons of the precious metal. The gold sale was approved by the IMF's executive board last September, and a previous sale saw 212 metric tons sent

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-63652720065508230512010-02-27T09:30:00.000-08:002010-02-27T09:30:12.457-08:00

Dealer gold is much more than a potentially lucrative investment in the short term. It can also help provide stability to one's retirement portfolio, especially in light of the instability that has plagued the stock market in the past couple of years. In fact, a recent survey from AXA Equitable Life Insurance finds that 24 percent of consumers expect the economy to remain unstable with little,

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-58116220284849858522010-02-25T21:16:00.001-08:002010-02-25T21:16:43.401-08:00

Many investors have been talking to silver and gold dealers about concerns raised by the ever-increasing U.S. national deficit, especially in light of widespread doubt about whether substantial action will be taken to resolve the problem. Still, members of Congress and the White House have acknowledged the national debt problem to some extent in recent weeks. For example, earlier this month

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-13890318501027772322010-02-23T07:01:00.001-08:002010-02-23T07:01:31.252-08:00

Demand for dealer gold is remaining strong in light of worldwide economic uncertainty, and so far, producers are doing a good job keeping up with investor interest in precious metals. For example, a substantial amount of news has been generated from active and lucrative gold mines in parts of the world that include Latin America, the American West, Canada and Alaska. To a lesser extent, there

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-78167057655876480642010-02-18T23:56:00.001-08:002010-02-18T23:56:40.684-08:00

Gold prices fell in the after hour trades as the Fed raised the discount rates making markets mistrustful about the buying in commodities. The Fed statement, released after the close of Thursday's trading, said the moves were approved unanimously by the Federal Reserve Board, and would take effect on Friday, February 19th. The fed said it is increasing the so-called discount rate by 25 basis

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-60606031825388033542010-02-17T20:31:00.001-08:002010-02-17T20:31:43.548-08:00

Gold coin investments remain an attractive option because of ongoing unease among many about the direction of the economy and how strong any pending recovery will actually be. One such example of investor uncertainty comes from the February edition of the Bank of America/Merrill Lynch Survey of Fund Managers. According to the survey, many have investors have reduced their expectations for

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-64131953638947149802010-02-15T09:17:00.001-08:002010-02-15T09:17:50.561-08:00

Commodities, including gold, had a good week in part because of growing economic optimism in various countries around the world. A report by Bloomberg cited positive economic signals in Australia and China as fueling gains in industrial metals including copper, while concerns about sovereign debt problems in Europe were further fueling the momentum for investing in gold coins and similar

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-29554895455123745282010-02-12T21:32:00.000-08:002010-02-12T21:32:02.376-08:00

While the European Union continues to weigh its response to a fiscal crisis in Greece that has brought further attention to the global problem of excessive sovereign debt, some are warning that the United States may be set to face its own similar situation in the not-too-far future. Writing in an op-ed piece in London's Financial Times newspaper, Neil Ferguson warns that it "would be a grave

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-51304875997684105932010-02-09T03:32:00.001-08:002010-02-09T03:34:30.168-08:00

Gold demand abated on Tuesday afternoon after picking up in the previous session as traders awaited price declines, with a strong rupee aiding sentiment, dealers said. "Demand is not as much as it was in the last two days of last week, when prices fell. A lot of buying positions got initiated both in physical as well as on forwards at $1,050-1,060 (an ounce)," said a dealer with a state-run

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-63568014440944918812010-02-07T21:33:00.001-08:002010-02-07T21:33:54.308-08:00

Investors have been consulting with gold and silver dealers for years because of concern about economic instability and the long-term prospects for its recovery. However, a recent report is giving investors a whole new reason to worry about the state of their finances heading into the future. An article from Fortune Magazine highlights data from the Congressional Budget Office showing that

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-7750963626247445872010-02-05T07:32:00.001-08:002010-02-05T07:32:36.716-08:00

The market for dealer gold is likely to get a considerable boost in the coming years from emerging economies like India, and perhaps most significantly, China. A recent article in Canada's National Post newspaper quotes analyst Alan Heap of Citigroup Global Markets as saying that China is the "most important source" of gold's demand growth in the future, also noting that in 2009, demand in the

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-30541261914255973962010-02-05T07:13:00.000-08:002010-02-05T07:13:05.516-08:00

People who are waiting for a return to normalcy in the stock market and the broader U.S. economy got some unsettling news this week in the form of a warning from Moody's Investors Service about the long-term state of the nation's credit rating. According to the UK's Financial Times newspaper, the firm has warned that the triple AAA sovereign credit rating of the United States could be

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-79796384285639878962010-02-04T20:30:00.001-08:002010-02-04T20:30:38.773-08:00

Gold traded little changed near a three-month low after plunging the most in 14 months yesterday as the dollar’s rally reduced the appeal of the metal as an alternative investment. Silver traded near a five-month low. Bullion for immediate delivery rose as much as 0.5 percent earlier after plunging 4.2 percent to a three-month low yesterday. Prices pared gains as the dollar rallied to its

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-55292947880113564032010-02-02T02:49:00.000-08:002010-02-02T02:49:14.350-08:00

India's gold futures inched lower on Tuesday morning weighed down by a stronger rupee, with investors awaiting the US jobs report later in the week for direction, analysts said  The most-active April gold contract was 0.07 percent lower at 16,609 rupees per 10 grams at 10:59 am,after hitting an intra-day low of 16,562 rupees in early deals.  The partially convertible rupee was at 46.22/24 per

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-59511137899836813012010-02-01T01:30:00.000-08:002010-02-01T01:30:34.892-08:00

Gold prices edged higher in Europe on Monday as the dollar gave up early gains to turn lower versus the euro, increasing interest in the precious metal as an alternative asset. Interest from physical gold buyers after a 1.6 percent dip in prices in January also helped to underpin prices, analysts said, and from a technical point of view the metal appears to be bottoming out. "While most

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-64680753735943413982010-01-29T23:22:00.000-08:002010-01-29T23:22:12.941-08:00

Investors got a new reason to consider investing in dealer gold this week from the U.S. Congress, which appears unlikely to take steps in the short term to deal with a rising national debt that has alarmed many economic experts. Various media outlets are reporting that President Barack Obama is set to propose a three-year freeze in the growth of spending for many federal programs. However, on

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-73601440250781318832010-01-27T10:18:00.001-08:002010-01-27T10:18:48.218-08:00

Gold could increasingly be investors' top hedge against mounting inflationary pressures in Asia, a regional survey showed on Wednesday. With economic growth in Asia expected to lead the world again in 2010, 45 percent of investors in the region's markets outside of Japan picked the precious metal as their most favoured tool to protect their returns from inflation, while 42 percent chose equities

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-68308329389008779322010-01-26T00:30:00.000-08:002010-01-26T00:30:27.717-08:00

Gold prices have settled somewhat in recent weeks, potentially providing investors with new opportunities to set themselves up to take advantage of longer-term price gains. A report from Bloomberg News notes that gold prices had remained relatively unchanged in London during Friday's trading, while platinum and palladium prices had fallen somewhat. The financial news provider quoted Afshin

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-27758667291424494762010-01-19T22:11:00.000-08:002010-01-19T22:11:33.896-08:00

A leading investment institution is predicting that gold dealers will continue to see strength in their sector in the coming year, despite concern about some pending economic factors. The UK's Telegraph newspaper quoted a report from Goldman Sachs economists as predicting that the price of gold will reach $1,350 per ounce a year from now, based on the expectation that the Federal Reserve will

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-68132861741025732372010-01-18T20:10:00.001-08:002010-01-18T20:10:59.775-08:00

Gold, little changed in London today, may climb as concern about the soundness of Greece's public finances boosts the metal's appeal as a haven. Palladium and platinum rose to the highest prices in at least 17 months. European finance ministers meet today to discuss Greece's budget deficit. The country's worsening finances last month prompted credit-rating companies to cut its creditworthiness.

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-11107305802417006242010-01-17T21:55:00.000-08:002010-01-17T22:01:26.185-08:00

Boosted by growth in China and other emerging markets, commodity-backed currencies look set to outshine the dollar and euro in the near term. The challenges evident in the U.S. labor market and real-estate sector have sapped December's optimism over a rapid U.S. economic recovery. The rebound isn't taking hold fast enough to convince investors that the Federal Reserve will raise interest rates

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-1669805817730762062010-01-17T09:52:00.000-08:002010-01-17T09:52:05.636-08:00

Commodities-driven investments from China, Korea and the Middle East countries are going to fuel a conservative 10 percent investments growth in the country this year, the Board of Investments said. Trade and Industry Undersecretary and BoI Managing Head Elmer C. Hernandez said that huge commodities (metals and agriculture) projects are expected to come in the first semester this year. “

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-67292889790139246502010-01-16T23:11:00.000-08:002010-01-16T23:13:11.665-08:00

If we were to pick two words to describe the gist of Jim Rogers book Hot Commodities, it has to be demand and supply. His explanation for ‘commodities' as an investment, rings a very simple tone that should resonate with any investor looking for an answer as to why his investments move the way they do. The book is sprinkled with several historical anecdotes and simple intros to the modus

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-59809656466797479922010-01-16T03:32:00.001-08:002010-01-16T03:32:59.282-08:00

Signs of an improving economy in China may be one more reason for gold and silver investors to continue adding to their holdings. A report in the Christian Science Monitor notes that countries that export raw materials have reason for optimism in light of December's statistics showing that Chinese exports rose 18 percent on a year-over-year basis after 13 previous months of decline. The

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-57464695413429712022010-01-16T03:22:00.001-08:002010-01-16T03:22:37.323-08:00

Gold dealers saw their clients enjoy some of the best investment returns of the past decade, notes a recent report. According to Bloomberg News, the last 10 years saw investors more than triple their returns, significantly outperforming those who chose to stay in the stock market. Specifically, a $100 gold investment at the start of the decade would have reportedly been worth $380 as it came to

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-36780447031212020902010-01-15T22:37:00.000-08:002010-01-15T22:37:30.198-08:00

One reason why this is widely seen as a good time to buy gold coins is lingering uncertainty about the economy, in part because of concern about the size of the federal deficit and long-term prospects for the dollar. With that in mind, an article in Reuters cited financial experts who warn that efforts to lower the national debt are essential to avoiding what is described as a "crippling dollar

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.comtag:blogger.com,1999:blog-6384980743526038885.post-63964933537316356392010-01-15T22:26:00.000-08:002010-01-15T22:37:42.403-08:00

Silver and gold dealers know that their products in demand because of the many products that require these precious metals, as well as the stable investment opportunity they tend to offer. For example, a report on the U.S. Geological Survey website helps illustrate why silver is a sound investment, especially with economic activity picking up in developing nations. According to the USGS, about

Superior Gold Grouphttp://www.blogger.com/profile/04866002148204712103noreply@blogger.com