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U.S. Closing in on National Debt Limit as Controversy Looms

By ProvidentMetals on January 13, 2011 Filed Under: Uncategorized

U.S. Closing in on National Debt Limit as Controversy Looms

Deficits and debt – both public and private – are hot topics in the U.S.A. these days. Not only are many people and businesses struggling with debt, governments are as well, which can have crippling effects on economic stability. Many analysts in fact see the U.S. National Debt as a big threat to the future…

Gold Steadies around $1360 per Ounce on European Debt Concerns, Rising Dollar

By ProvidentMetals on November 29, 2010 Filed Under: Uncategorized

After seeing some increases to over $1400 per ounce, gold once again retreated in the last couple of weeks. It’s now steady around $1360 an ounce with several factors affecting current trends in gold priced in U.S. dollars. First off, European sovereign debt concerns have been reignited by Ireland’s recent bailout plea to the European…

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