The World Gold Council data showed Chinese gold consumption totaled 207.4 tons in 2003. It had more than doubled to 457.7 tons by 2009. The most recent report shows gold imports from Hong Kong tripled in 2011. Since China does not report their gold trade figures until long after they become statistics, the Hong Kong [...]
This Christmas we are being handed the silver Christmas present. Silver below $30 per ounce produces one of the best opportunities to enter the market in both physical silver and in the silver stocks that we have seen in some time. We should not look this gift horse in the mouth, because in a very [...]
When your country is run by “a community organizer,” who idolizes Hugo Chavez and is doing everything in his power to destabilize the Middle East while running up his own country’s debt at the fastest pace in history, it would be wise for you to learn how to hide your gold from an oppressive government. [...]
Everything was moving along in the right direction for gold as it was slowly becoming recognized as money that could not be printed, in other words, a real store of value amidst the turmoil of the world financial markets. Then, with very little warning, if you were not paying close attention to the charts and [...]
Well, I have talked about the volatility of the gold market that would surface as the fiat currencies weakened and gold’s rising curve steepened. Do you think that we have seen some of that volatility in the last couple of weeks, or are we witnessing the gold crash of 2011? I will say yes to [...]
Monday should be a really interesting day for the general equities markets and gold for that matter as we wait and see what the results of the downgrade dust up will be. For the first time in its history, the U.S. has been downgraded from Triple A to Double A+ by Standard & Poor’s, which [...]
If there is one question that comes to mind this week it is this: Why are gold stocks going down while spot gold is going up? “Pravda”, aka the U.S. press, has manged to misdirect the markets into thinking that the “debt ceiling” is the story, while totally ignoring the real problem, which is the [...]
Are we witnessing a reoccurring pattern? I think we are and it is a disturbing pattern at best. It seems quite obvious , as I have stated “ad nauseam”, that the Obama regime is in way over its head when it comes to the U.S. Constitution and the free market economy. We are living through [...]
So the Fed, in so many words, insists the economy is just facing a bump in the road. I feel much better now. It is so reassuring to have people in charge that know what is required to fix a problem and who are not afraid to take the steps to do it. Oh right, [...]
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