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Gold: “Topside $1200″

WONDERING WHY OR WOULD LIKE TO KNOW WHY GOLD WILL HIT $1,200 AN OUNCE,READ ON RICHARD GRAY of Blackmont Metals & Mining became a CFA in 2005 and earned his Bachelor of Applied Science (Geological and Mineral Engineering, 1997) from the University of Toronto, says the Gold Report. He says it’s been a Dollar vs. [...]

How falling investments in oil threatens Nigeria’s economy

If you are the type that takes your personal finance serious and you use valuable information to decide on your next financial step,you need to read this…..Source BUSINESS DAY ONLINE Oil majors’ preoccupation in PIB too The continuing fall in investments in oil, Nigeria’s major foreign exchange earner, is threatening the fragile economy, experts have [...]

FG plans alternative revenue generation from mines and steel

Poised to diversify the national revenue base, the Federal Government has revealed its intention to pursue measures that will culminate in additional revenue from the mines and steel sector.Diezani Madueke, minister of mines and steel development, while making this known at a meeting with officials of NICON Insurance plc in Abuja, noted that this thrust [...]

Oil rises to $72 as IEA raises demand outlook

Oil firmed to $72 a barrel on Thursday after the International Energy Agency raised its estimate for 2009 oil demand, adding to signs the fall in consumption may have bottomed out; just as the British Petroleum (BP) said that the world’s proven oil reserves last year plunged to an all time low, the first drop [...]

Forex liberalisation may depress Naira

The return to full liberalisation in the nation’s foreign exchange market within the next three months may have the immediate effect of precipitating an official depreciation of the naira, analysts said at the weekend.The Central Bank of Nigeria (CBN) had announced that it would liberalise the foreign exchange market, a move expected to divest banks [...]

BullionVault Gains Queen’s Award for Enterprise: Innovation 2009

Online gold-bullion exchange recognized for ground-breaking service to private investors LONDON, 21 April 2009 – The Queen’s Award for Enterprise in the Innovation category has been conferred on London-based BullionVault, the groundbreaking and hugely popular gold-bullion ownership and investment service. BullionVault has been recognized for enabling private investors to access the cost-savings and safety of [...]

Gold $3,000

Wrritten by-Byron King on fEB 25th 2009 for Whiskey & Gunpowder. The prices for gold and silver are on a tear. Gold topped $1,000 per ounce a few days ago. Silver is nibbling around $14.50 per ounce. The world’s currency markets and investors do not trust the politicians not to screw up the currency. Remember [...]

Financial crisis: FG plans social security policy

As part of measures to minimise the effect of the continuing global financial crisis on the citizenry, the Federal Government is planning a national policy on social security. Adetukunbo Kayode, minister of labour and productivity, who disclosed this in Lagos yesterday said the policy has become necessary as Nigeria, being part of the global village, [...]

Will the gold rush continue in 2009?

Gold bullion beat all other asset classes yet again in 2008, the second year running and the third time since 2005. A £1,000 investment in gold bullion on New Year’s Eve last year would now be worth more than £1,427, according to new research from BullionVault, a gold dealer. During the same period, the FTSE [...]

Gold price hits three-month high at $906

For those of you that are still doubtful about the safe place to invest in, this present economics depression,i huge you to read this and leave you view below “LONDON (AFP) — The price of gold rose to 906 dollars an ounce here on Monday, the highest level for three and a half months, on [...]