If Dollar Depreciation Vs. World Currencies Reaches 35%

Gold prices will top $1,000 an ounce in two to five years because of a currency crisis fueled by a continued devaluation of the dollar, a leading analyst and investor, Paul van Eeden of Toronto predicted: (more…)

Major Investors have begun a gold buying spree, tightening demand and raising the price of gold three weeks in a row.  The primary reason for the rise in the gold market is  the continuing concerns over the weakness of the dollar causing an upsurge in demand as investors are increasing turning to gold as a hedge against the weakness in the dollar and the economy. (more…)