Dr. Rick C. Ernst
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Gold

Santa Barbara goes for the gold
www.ksby.com

Santa Barbara goes for the gold. Gold is the new green in Santa Barbara. The city is giving away free lawn signs, that read "Gold is the New Green," to people who choose to let their lawns go dry. City officials say the signs should be seen as a badge …

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True Gold Mining's North Kao PEA Features Triple-digit Returns
goldinvestingnews.com

True Gold Mining's North Kao PEA Features Triple-digit Returns True Gold Mining (TSXV:TGM) is certainly moving quickly with the North Kao deposit at its greenfield Karma project in Burkina Faso. North Kao was a blind discovery a little over a year ago …

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Gold lifts on ECB stimulus rumours
www.news.com.au

Gold prices advanced after reports that the ECB was considering buying corporate bonds, with the aim of bolstering the euro-area economy. The move highlights long-running concerns about the region's faltering growth, boosting traders' appetite for …

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Gold hits one-month high on flat dollar, slowing China growth
in.reuters.com

LONDON (Reuters) – Gold rose to a one-month high on Tuesday as the dollar edged down slightly and on worries over a slowdown in the global economy after China's growth eased in the third quarter to its weakest since the 2008/09 financial crisis.

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Klondike Gold Announces Lease Agreement with Todd Hoffman's Jerusalem …
www.marketwatch.com

(tsx.v:KG) (“Klondike Gold” or the “Company”) announces that the Company has entered into a lease agreement with Jerusalem Mining LLC (“Jerusalem Mining”) whereby Klondike Gold assigns to Jerusalem the rights and permits to placer mine on the …

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Real interest rates have a real influence on gold
www.resourceinvestor.com

Does gold respond to the inflation or rather to the real interest rate? Paul Krugman said once that the reason behind the high real price of gold between 2001 and 2011 was low real interest rates, not the expected inflation. Is he right and are real …

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Assets in SPDR Gold Trust Drop; Gold Futures Rise
blogs.barrons.com

The newswire reports that the SPDR Gold Trust (GLD) saw assets shrink 1.2% to 751.96 metric tons yesterday, the lowest level since November 2008. Holdings in the fund, which includes billionaire John Paulson as its largest investor, have declined 5.8% …

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El Salvador's fight against gold mine will be decided in D.C.
www.mcclatchydc.com

SAN ISIDRO, El Salvador — Somewhere trapped in the earth below Francisco Pineda's feet are an estimated 1.4 million ounces of gold, and he wants the ore to remain there. He doesn't want an Australian mining company to extract the metal. “What will …

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Swiss Gold Vote: Should You Be Worried?
www.bullionvault.com

But let's put my hopeless idealism, and the economic wisdom (or otherwise) of this 1930s-style Gold Standard proposal aside (for that is what it is). Just how desperate might the Swiss authorities become if the vote passes? Put another way, what impact …

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