Posted in: News

Here’s Why It’s Essential To Own Gold

Posted December 4, 2015

Many individuals are perplexed about the current low gold prices especially with all the madness in the world. It just doesn’t make sense. While the U.S Federal Reserve (Fed) has backed off from printing money, the other major central banks continue to print. While sovereign debt around the wold continues to explode, most countries still… View Article

5 World Currencies That Are Closely Tied to Commodities

Posted November 19, 2015

For more than a year now, commodity prices have been under pressure from the h2 U.S. dollar and slowing global demand. This has made a huge dent in the balance sheet of many net exporters of resources, in turn weakening their currencies. This should come as a shock to no one, but what most people… View Article

Russian Central Bank Accumulates Another 34.2 Tonnes of Gold

Posted October 22, 2015

Russia continues to amass more gold in its reserves with the purchase of another 34.2 tonnes in September, bringing its total to around 1,353 tonnes – or around 13% of its total foreign exchange reserve figure.  This is Russia’s second highest monthly total purchase in six years and represents yet another indicator of its continuing… View Article

Something Has Changed in the Gold Trade: Gartman

Posted September 25, 2015

Stocks pain has turned into gold’s gain. Gold prices soared to a one-month high Thursday as fears of a global slowdown have investors seeking so-called safe haven assets like bonds and bullion. And according to Dennis Gartman, often referred to as the “commodities king,” the rally in gold could just be starting. “There’s a real… View Article

How Is The Silver Bullion Product Shortage Impacting Gold?

Posted September 18, 2015

As wait times for certain silver bullion products reach upwards of 2 months, investors are now switching over to buying gold.  How much gold?  Heck of a lot more when look at the figures. While Gold Eagle sales started to surged in June (76,000 oz), due to the possible Greek Exit of the European Union,… View Article

What a Fed Rate Hike Means for Gold

Posted September 17, 2015

Gold bugs are contemplating the first rate hike by the U.S. Federal Reserve in nine years on Thursday, and evidence suggests an increase could buoy the precious metal over the next few months. Data from the London Bullion Market Association and the St. Louis Federal Reserve shows that gold’s current trading pattern is showing an… View Article

Silver Is Becoming Scarce Worldwide For Purchase

Posted September 11, 2015

At some point in the next few years it will become hard or impossible to buy silver or gold in exchange for fiat currencies. We aren’t at the “impossible” stage yet but there are signs around the world that silver is becoming difficult to buy and if you can find some the premiums over the… View Article

As Stock Markets Plunged, Why Didn’t Gold Rise

Posted August 27, 2015

Twitter may have been encouraging investors to buy gold as U.S. stocks opened deeply in the red Monday morning, but investors weren’t listening. Typically seen as a safe-haven asset, the yellow metal tends to rise when the market suffers but Monday gold finished the day at $1153.40 an ounce, down 0.53%. That snaps a three-session winning… View Article

Gold Or Silver Shortages?

Posted August 26, 2015

A big pet peeve of mine is when an article is published talking about a shortage in silver or gold. Recently, we have seen an increase in articles claiming precious metals shortages simply because both the U.S. mint and Royal Canadian Mint ran out of blanks. Both of these government mints predetermine a rough amount… View Article

Chinese gold imports rise 48%

Posted August 26, 2015

Continuing chaos on world equity markets and fears about the Chinese economy did not result in safe-haven buying of gold on Tuesday. The metal fell back from six week highs hit last week to close $15.30 or 1.3% lower than yesterday at $1,138.30 an ounce on the Comex market. While bargain hunters have stayed away… View Article