“It is not the case that we are seeing the bursting of a bubble in precious metals,” says Nick Barisheff, president and CEO of Toronto-based Bullion Management Group Inc. , the sponsor of two mutual funds holding physical bullion. “The fundamental drivers behind rising bullion prices are not changing, including the widespread printing of money […]
Offering simultaneously made in the U.S. and Canada
Darkening economic prospects are unnerving investors. “We’re in a multi-year bull run for gold,” says one manager
Flaherty attends ribbon cutting during visit to India
ScotiaMocatta to operate in Dubai International Financial Centre
Bank has seen demand for gold surge by roughly 40% in the past year
Majority of investments involve factors that skew the actual underlying performance of bullion
Claymore Silver Bullion Trust has substantially invested the net proceeds of its initial public offering and has purchased 2.2 million ounces of silver at a weighted average price of U.S.$13.326 per ounce on a fully-hedged basis, Claymore Investments, Inc. said Friday.“The Trust has retained a nominal amount of cash for further silver bullion purchases and […]
Funds add to commodities ETF line-up
Proceeds of the offering to be invested in unencumbered silver bullion