Odyssey Marine Exploration Completes Offering
Odyssey Marine Exploration
Odyssey Marine Exploration, Inc. (NasdaqCM: OMEX), pioneers in the field of deep-ocean shipwreck exploration, today announced that it has completed its previously disclosed registered direct offering of shares of common stock and warrants to purchase common stock. The investors included institutional investors, private investors and company management. The gross proceeds to Odyssey were approximately $6.3 million before placement agent fees and offering expenses.
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Is the Gold Price Solid?
GoldSeek
The gold market has fallen dramatically in the last few days.   Where will the gold price go now? You will have a large amount of Technical commentary at hand to tell you and the bulk of this will point downwards. Is that enough to make the market follow their predictions? It would appear so, because Technical analysis is a vital part of gold investor information. The U.S. gold market, whether it be COMEX of gold Exchange Traded Funds have, to date, dominated the gold price itself. These markets place an overriding emphasis on the Technical picture. Major buyers, follow these short-term moves and players carefully pick the time of their own actions in the light of the short-term picture, and then dominate the gold price through their actions
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Sovereign Debt and Gold Prices
Gulfnews
Gold’s role as a haven in times of turbulence was tested last week as bullion was forced on to the retreat alongside oil and base metals in the face of growing strains in sovereign debt markets. Gold fell 2.3 per cent to $1,056 (Dh3,876) a troy ounce over the week, while silver dropped 7.2 per cent to $15 a troy ounce.
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The Feng Shui Gold Strategy
GoldSeek
I sometimes wonder what is the difference between fortune tellers and investment analysts. We use the same language, and are subject to the same basic problem, namely that nobody actually knows the future or what it holds. In Kuala Lumpur once I read story about a man who was driving along and a 10-tonne concrete bloc dropped on him from a construction site.
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