Free Republic

The action in gold on Friday was notable. Spot gold jumped over $5. And the rally has continued this morning, with gold now back above $1,110 for the first time in over a week. The jump appears to have been driven by concerns over an proposed E.U. bailout of Greece, as well as political fears after the sinking of a South Korean ship near the border with North Korea. Here's what's more interesting. Gold futures took flight on Friday. To a much greater degree than the spot price. Gold Price (Front month – 6 month out) - Chart Spreads on...

An impoverished town strikes gold. George Soros and foreign environmentalists say, leave it in the ground. The recent tragedy in Utah has brightened the spotlight on mining, already under assault by environmental and anti-globalization activists world-wide. These activists have produced several documentaries, and the anti-mining campaign has attracted the attention of billionaire George Soros and actress Vanessa Redgrave--and enough charges of greed or hypocrisy to fill a mine shaft. Tonight, PBS will air "Gold Futures," a film by Hungary's Tibor Kocsis. The film focuses on residents in Romania's Rosia Montana, a rural Transylvanian town, who are divided over the benefits...

NEW YORK (AP) -- Gold futures climbed Thursday to more than $600 an ounce for the first time in 25 years, as other surging commodities, especially in the energy markets, stoked fund-buying momentum. On the New York Mercantile Exchange, June gold futures, the most active contract, rose to a high of $601.90 an ounce Thursday in Asian trading. In later trading in New York, the contract eased back to settle at $599.70 an ounce after traders took profits, but was still up $7.20 from late Wednesday. Spot gold, which peaked at $595.60 an ounce, settled up $7.30 at $595.20 an...