(1888PressRelease) Gold slid sharply lower today, November 17, based on technical pressure and a strong US dollar.MIAMI, FL,One question for investors to ask is how much farther gold is likely to fall, since a significant dip in price should be seized as a buying opportunity. As soon as bargain hunters move in, then the price will obviously rise again. Another question is when will gold start acting like a safe haven again? Or how bad does the...more
(1888PressRelease) Gold prices are being decided by the latest news from Europe.MIAMI, FL - The gold market seems to be being totally determined by current speculation on the EU debt crisis. If there is reassuring news then up goes the euro, down comes the dollar and up goes gold. If there is worrying news then the reverse happens.Unfortunately, there should always be 'worrying' news. No one has suggested a feasible solution to the euro zone's...more
(1888PressRelease) There has been a massive increase in demand for gold from central banks.MIAMI, FL - Despite a somewhat disappointing week, there is still evidence of considerable physical demand for gold. The World Gold Council announced a 6% increase in demand for gold during the third quarter of 2011, despite record-breaking prices. Additionally, there was a 33% increase in investment demand compared to the same period last year.Meanwhile, central banks are stockpiling supplies of gold as if it were going out of style. German Chancellor Angela Merkel reacted strongly to any suggestion that German's sizeable gold reserves should be used to help rescue Italy. Interestingly, Italy has a fair amount of gold reserves itself, and - so far - there has been no move to sell these in order to help that country's debt issues. It seems that the central banks, at least, are still considering gold bullion as a safe haven and insurance policy. "As long as we see so much demand for gold bullion on the part of central banks, it is safe to assume that gold is still fulfilling its safe-haven role," says Bill Hionas, CEO of Pan American Metals of Miami. "Nations are buying gold as rapidly as...more
If you have decided to go on a diet to get rid of the extra pounds, good for you! Now, this doesn't have to be some ordeal or some torturous phase of your life- you don't have to drive yourself crazy, trying to lose weight because thanks to the Miami Beach diet, this so-called task has never seemed simpler! However, before we get to that, you need...more
(1888PressRelease) Potential failure of 'super committee' to solve US deficit may be supportive of gold in the long term.MIAMI,FL, While the investment world has been almost exclusively focused on Europe, the US still has pressing debt issues of its own. It is widely assumed that the 'super committee' will announce their failure to agree on a...more
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Recession? What recession? The global art world is about to descend upon Miami for what might be called Miami Art Week. It's insanely large and packed with events -- we count 17 art fairs, a billboard project, an art-market conference, an auction...more
What's not to like about Miami. It's a booming city economically and socially. Everywhere you turn there is an activity that speaks directly to you. There is a bevy of activity to choose from around every corner and on every street. Venues from...more
(1888PressRelease) Weaker dollar helps push gold back through the $1700 barrier.MIAMI, FL - Tuesday morning, November 22, saw gold prices edging back over $1700 due to a weaker dollar and increased safe-haven demand. With the Thanksgiving holiday...more
(1888PressRelease) As a long-term investment, gold has been difficult to beat.MIAMI, FL - Market experts have not exactly been unanimous; nevertheless, the consensus has been that, in the long term, gold will continue its current 11-year bull run,...more
People come to Miami for various reasons for e.g. spending their vacations, corporate events, holidaying with friends or for celebrating a special occasion like a wedding or any wedding anniversary. If you are getting married in Miami them it will be...more
Do you like to party? How about hanging out on the beach? If neither of those capture your interest, how about sitting back, relaxing and watching all the beautiful people? Dont deny that you like to people-watch. Theres nothing wrong with it. Its...more