Gold Hits Record Above $1,900 On Global Recession Fears
Gold prices are climbing to even loftier heights on fears about what’s next for the slowing global economy. Gold ended Monday just shy of $1,900 an ounce. Gold has risen 16.7 percent this month as...
View ArticleYacht Market, Struggling In United State, Supported By Newly-Wealthy Brazilians
SAO PAULO — Marcio Christiansen reeled off tales of the growing ranks of rich Brazilians who visit his luxury Ferretti yacht showroom, where clients sip espressos on an oversized sable sofa and...
View ArticleGaddafi Sold Libya’s Gold Reserves To Pay Salaries
TRIPOLI, Libya — The new governor of Libya’s central bank says the former regime sold about 20 percent of the country’s gold reserves to cover salaries amid the uprising that ousted Moammar Gadhafi....
View ArticleAncient meteor shower delievered Gold to Earth
Some 3.9 billion years ago a massive meteor shower of glittering gold and platinum fell on earth, says a new study published in the Nature Journal by researchers at the University of Bristol. This...
View ArticleStocks Tumble As World Recession Fears Rise
The stock market plunged on Thursday as investors viewed it as increasingly likely that the global economy is slowing. U.S. stock indexes lost more than 3 percent of their value, as the Dow Jones...
View ArticleMilan fashion designers are investing heavily in gold
MILAN (AP) — Milan fashion designers are investing heavily in gold, despite the recent, unexpected dip in gold prices. Gold lame, golden sequins, golden embroidery and golden baubles figured...
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