Accel Partners is planning to raise $2 billion in new funds and invest more broadly into energy opportunities in China, VentureBeat has learned, even as Peter Wagner, the man who led its cleantech efforts, is leaving the company.
It’s no secret that speculators are buying up long contracts of commodities futures. However, the crowding of speculators in into one trade (in this case, long all kinds of commodities) usually spells an imminent reversal, especially if commercial users are on the other side of their trades.
The Gold Price rose further in London trade Thursday morning, hitting new 2011 highs for Dollar investors as Brent crude oil jumped to $119 per barrel and a raft of economic analysis warned of stagflation ahead for the global economy.
Apple reigns supreme in product placement; but others are catching up, according to a recent report.
Throughout the ages, many things have been used as currency: livestock, grains, spices, shells, beads, and now paper. But only two things have ever been money: gold and silver. When paper money becomes too abundant, and thus loses its value, man always turns back to precious metals. During these times there is always an enormous wealth transfer, and it is within your power to transfer that wealth away from you or toward you. --Michael Maloney, precious metals investment expert
Gold fell back slightly toward $1,400 an ounce on Tuesday, breaking a six-session rally, as turmoil in Libya prompted bullion investors to take profits and as sharp losses in equities and other commodities markets prompted margin selling.
Spot gold was last down 0.8 percent at $1,394.14 an ounce at 1025 GMT, having risen on Monday to its highest in about seven weeks. U.S. April gold futures were up 0.5 percent at $1,395.20 an ounce.
Demand for gold and silver will remain high in 2011 owing to growth in physical demand and continued investor appetite, according to a Daily Markets analysis. It says the outlook for the precious metals remains bullish.
Stratex International Plc plans to start drilling for gold and silver in the second quarter of this year in northern Ethiopia, the London-listed gold exploration firm said on Monday.
The Silver Price rose $1.49 per ounce from Friday's London Fix – a gain of 4.7% to new 31-year highs, and silver's fifth largest one-day move of the last 30 years in Dollars and cents. The market is starting to look towards the record high of $1430 for gold against the backdrop of silver making fresh highs.
Silver touched its highest USD price in 31 years and palladium a 10-year peak. Gold prices rose above $1,400 an ounce on Monday for the first time in nearly seven weeks as violence flared in north Africa and the Middle East, boosting interest in the precious metal as a haven from risk.
Gold inched up on Monday, adding to a weekly gain of nearly 3 percent last week as fears over a European debt crisis and growing unrest in the Middle East underpinned investor sentiment.
Silver Prices today jumped to fresh 31-year highs at $32.84 per ounce, outpacing the rise in gold prices more than 3 times over since the two metals turned sharply higher three weeks ago.
Gold hit five-week highs in Europe on Friday and silver its strongest since 1980 as growing unrest in the Middle East lifted interest in precious metals, though another reserve requirement hike from China curbed gains.
Dell's new tablet include Gallo, Sterling, Opus One, Silver Oak, Peju and Rosemount. Meanwhile the smartphone line up is filled with Wrigley, Hancock and Millennium.
Gold rose for a fourth day in a row on Thursday in its strongest run since September, helped by safe-haven demand as unrest spread across the Middle East, while the dollar remained under mild pressure.
Dell's roadmap for 2011 with details and probable launch dates of Android and WP7 devices, wound its way into Android Central and wpcentral's lap.
Even as precious metal investors seem to be taken in by the superior performance of silver over gold, some analysts have raised the voice of caution, saying gold will soon outperform silver.
Internet telephone service Skype said Nokia's alliance with Microsoft presented an opportunity for the company to tap into Finnish engineering talent looking for new jobs.
More and more investors are flocking to silver, sensing an opportunity. Mark Thomas of the Silver Shortage Report wrote on Tuesday that Soros Fund management has made an investment in Pan American Silver (PAAS).
Gold rose above $1,360 an ounce on Monday on fears that Egypt's unrest could spread across the Arab world, while silver gained 2 percent on strong industrial demand driven by signs of an improving economy.
Detroit tops the list of fastest growing metropolitan areas for technology jobs, according to a report by Dice.com - a career Web site for technology and engineering professionals and companies in the US.
