News Articles

A global debt time bomb is ticking. What does it mean for the global economy and the gold market  . . . .

China’s gold demand will keep expanding as investors seek safe assets and jewelry buying increases, the China Gold Association said . . . .

Gold prices eased on Wednesday as the US dollar gained and better than expected data from the US helped ease global stress. Later in the day oil prices continued to rebound helping to lower risk aversion . . . .

The Bundesbank transferred around 110 metric tons of gold from Paris and just under 100 tons from New York to its Frankfurt vaults last year, turning the city into the biggest storage site for Germany’s reserves . . . .

Gold has been quietly edging higher in recent weeks and today finds itself at just shy of $1110 per troy ounce ... the metal has tacked on a good $65 or just over 6 per cent ... Gold’s recovery has been driven almost exclusively by a rise in risk aversion . . . .

Not long ago, people appeared to have completely forgotten how precious gold is. This was awkward especially given the fact that from an investing perspective, it is clearly placed under precious metals category and the fact it is clearly in a long-term bull market since 1,999 . . . .

The 2008 financial crisis marks the return of gold into the international monetary system. It is also the beginning of currency wars ... that will lead to a reset of the international monetary system, five countries will play a major role but each in a different way ... . The two largest players on opposite side are the United States and China ... However, Russia also has made gold a major weapon against the US . . . .

Where is all this silver coming from to meet the outsized physical demand? This is the number one question John Embry and Eric Sprott have been asking for about a year now . . . .

Tocqueville’s John Hathaway argues that a sharp drop in mining capacity can lift the metal’s price . . . .

The World Gold Council’s gold reserve data for November is out, showing that global central banks continued to be on a buying spree, and one UK-based research firm expects it to continue, particularily from China . . . .