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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 . . . .

On April 15, gold spot prices dropped more than 7% in the first two hours of trading in the U.S., expounding upon the 5% drop in price that took place on Friday. This crash of more than $200 per ounce over the past two trading days provides a warning sign, and a precursor to a major financial crash coming to the global economy . . . .

Cyprus has agreed to sell excess gold reserves to raise around 400 million euros and help finance its part of its bailout . . . .

In a final poll at the Second edition of the Dubai Precious Metals Conference 63 per cent of delegates thought gold was heading towards $3,000 by 2014 and 37 per cent voted for a tumble towards $1,000. The vote followed a lively discussion between the conference’s leading bulls and bears . . . .

Gold imports by India, the world’s largest bullion buyer, may increase 31 percent this quarter after prices dropped to a 10-month low and festivals and weddings spur sales of jewelry, a trade group said . . . .