News Articles

SA Mint, a wholly owned subsidiary of the South African Reserve Bank, has launched a new range of coins for its Natura Series – a now multiple-award winning collection of gold coins, which was first launched 1994 to celebrate South Africa’s diverse wildlife . . . .

As evidenced by the Russian central bank, it appears that Russia has added another 1,200,000 ounces of physical gold to their reserves.

Total Russian gold reserves now stand at . . . .

We cannot emphasize more strongly that gold followers should ignore the mainstream media reports, based on Hong Kong gold export figures to mainland China, that Chinese gold demand has plummeted by anything between 30% and 50% this year.  As we pointed out in an article last week . . . .

The Indian government has been proved right once again in not lifting its curbs on gold. Trade deficit has widened the most in 18 months, as imports of the precious metal have surged . . . . 

Gold’s $20 plunge on Friday was accompanied by a big increase in bullishness among gold timers.That’s just the opposite of what you would expect, since the normal pattern is for gold timers’ bullishness to rise and fall in lockstep with the market. It’s a bad sign that this normal pattern has been broken . . .

In a piece published today by the Council on Foreign Relations, former Fed chair Alan Greenspan examined the recent dramatic rise in gold imports by China. 

He theorized that the country was likely in the process of converting its foreign reserves to gold in order to . . . .

China is far more adept than the capitalist West in looking to the long term and nowhere is this more apparent in its attitude towards gold . . . .

Wall Street powerhouse Goldman Sachs has recently reiterated its negative view on gold, which it has held for the past year.

While I am in agreement with Goldman that the Fed will be the dominant force behind the price of gold, I believe the central bank will soon be back into the QE business, rather than raising interest rates and crushing the dollar price of gold . . . .

Silver is playing an important, if not critical role in the growing world of wearable technology.

At the new intersection where fashion and biometrics meet, silver provides the conduit in innovative athletic clothing that transmits sought-after biometric data, such as the wearer’s real time heartbeat, to a sensor that displays the data . . . .

One of the depressing factors with regard to the gold price so far this year has been the reported fall-off in Chinese gold demand, although by world standards it remains pretty healthy. But there are now signs that it is beginning to pick up again . . . .