(1888PressRelease) Five central banks join with Federal Reserve to reduce interest rates. MIAMI, FL – News broke this morning of a concerted move by five major central banks plus the Federal Reserve to reduce the cost of borrowing dollars. The Bank of England, Bank of Canada, Bank of Japan, Bank of Switzerland, the European Central …

(1888PressRelease) Concern over the future of the euro remain despite action by central banks. MIAMI, FL – This morning’s action on the part of five major central banks and the Federal Reserve, coupled with separate action from the People’s Bank of China served to boost gold and ease liquidity strains. However, the action did not …

(1888PressRelease) Coordinated central bank action pushes gold above $1750. MIAMI, FL – Gold soared to an intra-day high of $1752 before falling back to $1745, based on the unexpected coordinated action of five major central banks and the Federal Reserve. Faced with the possibility of Italy facing insolvency – as hoped for solutions proved insufficient …

(1888PressRelease) Silver could take off in the near future. MIAMI, FL – Throughout history, people have accrued gold and silver as the surest form of wealth, and gold and silver bullion and coins have acted in the role of safe haven, successfully, for decades now. Yet a recent slide in prices has cast doubt on …

(1888PressRelease) Suggestions of further quantitative easing are supportive of gold. MIAMI, FL – Today saw the strongest hints yet that the Federal Reserve might consider further easing sooner rather than later. Meanwhile, European leaders are meeting in Brussels to decide on the next course of action to solve the escalating crisis in the euro zone. …