Auguries—Dog Days

Welcome To The Goldgroup Inc HUB On AGORACOM

Discovering, developing and producing precious and base metals in the world's key mineral regions

Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.

2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.

Sincerely,

George et al

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Auguries—Dog Days

posted on Jul 30, 2012 11:45PM

Auguries—Dog Days
July 26, 2012
By Kevin Michael Grace

Gold was up (at press time) $38.90 (+2.5%) for the week to $1,619.80, and silver was up
.32 (+1.2%) to $27.45. GoldCore attributed gold’s increase to “investor hopes for additional stimulus packages to be released by central banks [which] increased the yellow metal’s appeal as an inflation hedge. [This] was on the wave of Ewald Nowotny‘s comments and hopes that the US would employ further action after [the Fed's] policy meeting next week.”

Nowotny proposed giving the European Stability Mechanism a banking licence, an idea that should be a non-starter because it’s, well, illegal. But one suspects we’re about to witness a sea change in European law real soon now.

Read more about gold prices and Sandstorm.

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