I’ve received so much great feedback from my Feb. 17 question-and-answer column, I’ve decided to do another Q&A issue today.
Read more: http://tinyurl.com/omuffc6
Tag Archives: gold
HAVE THE GOLD & SILVER PRICES RESUMED THE UPTREND AND IF SO WHY?
Gold is now above $1,330 and setting a pattern of short consolidations up against overhead resistance before breaking through and moving higher. This seems to contradict the popular opinion that gold should be sold and funds invested in equity markets.
Read more: http://tinyurl.com/k59c5af
10 Countries Sitting On Ginormous Mounds Of Gold
Central banks made 368.6 tonnes in net gold purchase in 2013, according to The World Gold Council.
Read more: http://tinyurl.com/m3p5759
TWO PROMISING TRENDS IN GOLD & PRECIOUS METALS
I try to keep an eye on a lot of sources. Some of them from far-flung places and industries.
Read more: http://tinyurl.com/lvasn4n
China Is Now The World’s Largest Consumer Of Gold
Chinese consumer demand for gold was up 32% on the year in 2013, to 1,065.8 tonnes, according to the latest World Gold Council report. The value demand for gold in China was $51.6 billion.
Read more: http://tinyurl.com/lt7rjdo
CHART OF THE DAY: The Evolution Of Gold Demand From 2004 To 2013
“2013 proved to be the year of the consumer, with gold jewellery demand close to pre-crisis levels and investment in small bars and coins hitting a record high,” said the World Gold Council in their new Gold Demand Trends Report.
Read more: http://tinyurl.com/p26d5oy
PRECIOUS METALS GRIND OUT A NEW TREND
We preface the post with a statement that has not changed since I began public writing nearly 10 years ago: Gold is not about price; gold is about value. This point was hammered home to me 11 years ago by a person who had much influence upon my viewpoint toward the financial system and its various diseased components at a time when I was ready to listen and understand.
Read more: http://tinyurl.com/kk9ykx6
WHY SILVER STILL SHINES OUT AS THE BEST INVESTMENT OF 2014
The moment gold passed the $1,300 mark yesterday silver woke up and sprinted ahead with a larger percentage gain. That’s the way it works with these monetary metal twins.
Read more: http://tinyurl.com/p5cdqgb
ARE COMMODITIES DEAD?
No. Metals are basic necessities of modern life and the per capita use of metals rises with income levels. In the past decade several of the world’s most populous countries underwent accelerated growth. While countries like China, India and Brazil are currently being impacted by recessionary forces, the changes that spurred their stronger growth are not cyclical.
Read more: http://tinyurl.com/mhx3oy9
JIM RICKARDS: TARGET GOLD PRICE BETWEEN $7,000 AND $9,000
In this interview, Rickards notes that gold is technically set up for a massive rally; he has a three- to five-year price target of between $7,000 and $9,000 per ounce. This prediction is based on a collapse of confidence in the dollar and other forms of paper currency.
Read more: http://tinyurl.com/mptofm3