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Central banks, net buyers of gold for the first time in a generation, are likely to retain their holdings even if they need to raise cash to counter an escalating debt crisis, according to Morgan Stanley.

“Once they’ve sold, that’s it, and buying back would be extremely expensive,” said Peter Richardson, chief metals economist at Morgan Stanley Australia Ltd., who’s studied metals markets for 20 years....

Rep. Ron Paul, a longtime critic of the Fed and advocate of the gold standard, is all in on gold and silver.  Ron Paul has consistently warned of the dangers of a Fed gone wild on easy money and a Government that has borrowed itself into financial oblivion...

Gold, at record-breaking levels as global economic worries mount, will see sustained demand from key markets India and China this year despite high prices, the World Gold Council said on Thursday.

Global demand for the second quarter to June was 919.8 tonnes, down 17 percent year-on-year, from 1,107 tonnes in the same period last year, as the "remarkably" high European investment seen earlier leveled off...

Albanian Minerals President and CEO Sahit Muja said “Silver demand in China and India is set to rise 40 per?ent in 2012″.

China said its net imports of silver nearly quadrupled to more than 3,500 metri? tons in 2010, boosted by sharp in?reases in demand by the industrial se?tor and the jewelry industry.

Silver demand in China and India has in?reased sharply in re?ent years as more investors use silver as a store of value.
About 70% of China’s silver demand ?omes from the industrial se?tors...

South Korea’s fashionably late to a party started over a decade ago

Central banks in emerging markets have decided that it’s not too late to join gold’s party.

South Korea and Mexico are among the nations whose central banks have been ramping up gold holdings lately — and they’re willing to pay the highest-ever prices for an ounce of gold to do it, even though gold’s latest rally began more than a decade ago.

Admittedly, it’s not new trend for all central banks, but one that’s speeding up as the world loses faith in the U.S. dollar and global markets.

This week by President Obama and Congress to “cure” the problem of the federal government borrowing up to the authorized debt ceiling guarantees that the U.S. dollar will deteriorate from hyperinflation.

In theory, it originally looked like the parties were headed toward a compromise that would be a bipartisan agreement to “temporarily” raise the debt limit by $1 trillion, impose virtually no spending cuts and would not increase taxes.

The actual compromise reached was much worse for Americans...

While a settlement of the U.S. debt impasse may see a sharp correction in the gold price this will only be brief with $1700 gold easily in sight this year and rock solid fundamentals suggest much higher prices in the future.,,

As the stalemate over debt talks dragged on Wednesday, Congress and the White House may have passed the point of no return in avoiding a U.S. government debt downgrade.

If Uncle Sam loses his coveted AAA rating, the cost of borrowing goes up, the economy slows further and jobs get even tougher to find.

With hopes fading for a broad deficit-cutting package of spending cuts and tax increases, the White House Wednesday signaled that President Barack Obama could support a...

Silver’s recent climb has significantly outpaced gains made by gold. But a closely watched ratio based on the two prices suggests silver has even more catching up to do, analysts say. The so-called gold-to-silver ratio, the price of gold divided by the price of silver, currently stands at 39.8 to 1. In other words, a single ounce of gold is worth 39.8 ounces of silver. That’s a decline from the end of 2010, when the ratio was around 46. Silver (CNS:SI1U)  has surged 29% year to date to about $40 an ounce, compared with gold’s (CNS:GC1Q) 13% year-to-date advance, to just over $1,600 an ounce.

 “Some traders look at the gold-silver ratio as a way to determine if...

SILVER demand is expected to climb by 6600 tonnes a year over the next nine years as the white metal becomes important to an increasing range of new technologies.

ABN Amro and VM Group, in their latest silver report, say silver demand is rising on demand from sectors involved in security, healthcare, clean energy and water purification.

The biggest growth will be in...