Agoracom: Small Cap Investment - Brigus Gold - Auguries

Welcome To The Brigus Gold HUB On AGORACOM

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Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.

2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.

Have a great Sunday, especially those of you like me that are celebrating Orthodox Easter ... As well as those of you who are also like me and mourning another Maple Leafs Game 7 exit ... Ugggh!

Sincerely,

George et al

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Auguries - January 10, 2013

posted on Jan 09, 2013 11:18PM

Auguries - January 10, 2013
Liquefaction
Kevin Michael Grace

Liquefaction, Japan 1964: All it takes is a shock.
Gold was up (at press time) $15.90 (+1%) for the fortnight to $1,664.70, and silver was up $0.18 (+0.6%) to $30.18. Gold fell $24.10 Thursday (-1.4%), a development Bloomberg attributed to “Federal Reserve policymakers sa[ying] they probably will end their $85-billion monthly US bond purchases sometime in 2013.” No, the Federal Open Market Committee said no such thing, as its minutes prove, minutes which the BBC, unlike Bloomberg, managed to report accurately.

In any event, gold finished 2012 up for the twelfth year in a row, gaining 7% measured in US dollars. As for 2013, Ambrose Evans-Pritchard writes January 1, “The US, Japan, Britain, as well as the Swiss, Scandies and a string of states around the world, are actively driving down their currencies or imposing caps…. The side-effects of this currency warfare—or ‘beggar-thy-neighbour’ policy, as it was known in the 1930s—is an escalating leakage of monetary stimulus into the global system.”

Read more about gold prices here.

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