News Articles

This year the Federal Reserve and FDIC circulated a letter to banks that proposes to harmonize US regulatory capital rules with Basel III. BASEL III is an accord that tells a bank how much capital it must hold to safeguard its solvency and overall economic stability. It’s a global standard on bank capital adequacy, stress testing, and market liquidity risk. At the top of the proposed changes is the new list of “zero-percent risk weighted items,” which now includes “gold bullion,” right after “cash.” That’s the part to take notice of . . . .

Global gold supplies contracted 2% year-on-year in the third quarter to 1,188.3 metric tons due to lower mine production and less recycling of scrap gold, the World Gold Council said Thursday . . . .

Whether you were a supporter or critic of President Obama during his re-election campaign, his victory will guarantee a significant increase in the value of Gold and Silver coins and bullion for another four years . . . .

A newly re-elected President Barack Obama will continue encouraging loose monetary policies that will fuel inflation rates down the road, and investors need to get ready now, said famed commodities investor Jim Rogers . . . .

Steelmaking raw materials stand to benefit if Republican candidate Mitt Romney wins next week’s U.S. election, while a victory for President Barack Obama would aid gold, Alfa Bank said . . . .

Where does Germany keep its gold reserves? It might sound like a silly question. In Germany, of course. Probably in a very deep vault somewhere in Frankfurt, surrounded by the best security systems that Teutonic technical brilliance can create. As it turns out, however, that is the wrong answer . . . .

As the US presidential election draws closer, many continue to wonder how the outcome will affect financial markets. Among gold market observers, there has been speculation about how the metal might react if Mitt Romney wins. Many have hypothesized that the more conservative Romney might . . . .

Gold is known as a solid inflation hedge, and could earn this reputation in 2013 if inflation picks up. Here are three well-known gold bugs and their bold predictions for investing in gold next year and beyond . . . .

Is China building its gold reserves surreptitiously? The balance of probabilities suggests it is - and perhaps at a faster rate than many would contemplate . . . .

Look at the latest report from the World Gold Council and it is now more obvious than ever that gold is becoming the new global reserve currency. Continuous and aggressive central bank actions from the United States and Europe are driving the demand for gold . . . .