EU Mining News

EU financial transaction tax is illegal, say legal experts; Germany to push forward anyway

The UK, among others, strongly opposes the tax.

Gold to hit $5,000 as central banks rush to restock their coffers

"Global Gold War" set to ensue

Central bank gold is not in the vaults: Embry

Precious metals investment strategist John Embry says the physical gold in the vaults of central banks falls far short of what they claim to own in a "conspiracy which will make the Libor scandal pale […]

Iranian oil and gas hit with EU sanctions

The European Union announced on Tuesday the imposition of sanctions against state-owned Iranian oil and gas firms in response to Tehran's ongoing nuclear ambitions.

Upside for gold continues due to mindless monetary policies: Eveillard

Storied value investor Jean-Marie Eveillard says that the upside for gold will continue as long as the monetary polices of the world's central banks remain "mindless."