Category: Gold Price

Why does Austria wish to repatriate its gold ?

Why does Austria wish to repatriate its gold ?

Many central banks around the world are aware the international monetary system is moving away from the US dollar and that the role of gold will (officially) be much greater in the future. In this development central banks benefit from a smooth and slow transition to a new system, as sudden shocks will bring the global economy […]

Buy silver before it’s too late !

Buy silver before it’s too late !

We would like to share with you an article written by Jeffry Lewis The ongoing plight of the long term value investor continues – seemingly without end. However, decades of exuberance and greed have colluded. The financial establishment has created an accident waiting to happen. The mainstream has not “priced in” risk, which makes it […]

SILVER SHORTAGE

SILVER SHORTAGE

Extract : Silver Shortage Blog Silver to become a rare earth metal , it is Extremely undervalued. Silver to become extinct by year 2020 according to geologists only 300 millions ounces left! Silver is consumable industry metal it is used up : 95% gold ever found is still around 75% of silver is a by-product […]

Gold price goes for $1,300

Gold price goes for $1,300

Gold on Tuesday made a dash for the crucial $1,300 an ounce level as investors seek a safe haven from turmoil on financial markets rocked by the confidence-shaking move by the Swiss central bank last week. In heavy trade of more than 20m ounces by noon in New York, gold for delivery in February – the most active […]

China 2014 gold demand heading for 2,100 tonnes

China 2014 gold demand heading for 2,100 tonnes

With gold withdrawals from the Shanghai Gold Exchange having reached 1,761 tonnes by November 14, and weekly withdrawals since the Golden Week holiday at the beginning of October averaging comfortably over 50 tonnes, China looks to be heading for an annual demand total (SGE gold withdrawals equate to overall demand) of comfortably over 2,000 tonnes […]