Is the US Federal Reserve stopping monetary stimulus? Investors are afraid they are, and as a result Gold prices are falling to a 2-week low and down 17% so far in 2013. The US economy is getting stronger, climbing out of the current recession, which may signal that the US no longer has the need […]

Gold prices fell by the largest amount in a week as the US Dollars strengthened. Since gold is priced in USD, as the USD strengthens gold becomes more expensive for people not holding USD, such as Europeans or Asians. The markets were also reacting to concerns that the US Federal Reserve might not take more […]

Colombia is planning to auction off plots of land all the way from the Pacific Ocean to the Amazon jungle. These plots are expected to hold deposits of gold and copper, with additional actions in 2013 for reserves holding coltan, uranium, and platinum. The goal of this auction is to gain more foreign investment. Colombia’s mining industry […]