News Articles

In the context of the current U.S. Dollar valuation bubble, silver’s eventual price rise seem inevitable. This paper currency bubble commenced with a desperate flight to quality, despite the fact that the U.S. Dollar had been an intrinsically worthless currency since it was taken off the gold standard by Nixon in the early 1970’s . . . .

Last Thursday the World Gold Council released the 2013 first quarter Gold demand data. The numbers shown below are extraordinarily bullish for the long term outlook for Gold . . . .

Portugal will not replicate a deal that allowed Cyprus to sell its gold reserves under its bailout, Bank of Portugal Governor Carlos Costa said on Tuesday, adding that its reserves were unchanged at 382.5 tonnes . . . .

Gold imports by China from Hong Kong more than doubled to an all-time high in March as buyers in the biggest consumer after India boosted purchases, underscoring increased bullion demand in the world’s second-largest economy . . . .

The huge surge of purchasing by Chinese - particularly Chinese women – is reported to have amounted to more than 10% of annual global mined gold output in just 2 weeks of frenzied buying . . . .

Since the Crash of ’08 exposed the global financial system as simply one, big Ponzi-scheme ticking-down to implosion; one of the most public and emphatic economic policies of China’s government has been the rapid/relentless accumulation of more gold reserves to “back” its own monetary system . . . .

Momentum is continuing to build in gold bullion purchases as supply shortages and high premiums on physical metal are being reported all around the world . . . .

Billionaire investor John Paulson told investors on Wednesday he is staying the course on gold even though there may be more short-term volatility in the price of the metal.

The New York-based hedge fund manager has long stuck by his thesis that gold will . . . .

The monumental short selling on COMEX on Friday and Monday had the desired effect - it took out key technical levels and precipitated a cascade of further selling as traders who were long the June contract capitulated. The selling begat more selling and the rest is history. A classic short squeeze executed to perfection . . . .

In India, retailers are witnessing a surge in demand and expect up to 50 per cent spike in sales volume in this marriage season . . . .