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Singapore closer to being Asia’s gold hub

Golden opportunity: One day Singapore is expected to have between 80-100 tonnes of physical gold.

businesstimes.com.sg / BYANDREA SOH / May 6, 2013

SINGAPORE] Singapore is poised to become the main gold hub in Asia, even though much work remains to be done.

The Republic, which has stated that it aspires to be a [...]

Appetite For Physical Gold & Silver Remains Strong Worldwide

goldsilverworlds.com / By Gold Silver Worlds / April 30, 2013

The high demand around the world for physical gold and silver continues its race. In this short update we provide some highlights from different parts of the world, based on the latest reports (sources: Goldcore and Bullionvault).

Asia

Premiums for gold and silver bars have [...]

This Is How Gold Rush Asia 2013 Looks Like

goldsilverworlds.com / By Gold Silver Worlds / April 22, 2013

The sharpest gold price drop since 2001 (start of the bull market) has unleased a massive spike in physical buying across the globe. In the Western countries, a lot of bullion dealers have reported either delays in their deliveries, or simply not [...]

FROM NEW YORK TO BOSTON, THEY THOUGHT THEY WERE FREE

dollarvigilante.com / By Jorge Gato / April 23, 2013

‘Twas an uneasy gut feeling that bid me to leave the Land of Milk & Honey several years ago. Something in the air didn’t smell right. The fascist frog pot has been steaming on low flame for a while now, but it is [...]

Gold Bar Premiums Soar in Asia on Tight Supply

truthingold.com / By truthing / April 23, 2013, 07:58

Premiums for gold bars rallied to their highest since late 2008 in Singapore and touched an 18-month peak in Hong Kong after a spate of physical buying led to supply constraints, dealers said on Tuesday.

Purchases of gold bars, coins, nuggets and other products picked up [...]

Asia Powering Ahead of Europe

goldnews.bullionvault.com / By Steve Sjuggerud / March 28, 2013

A tale of two stock markets…

ITALIAN stocks reached their lowest point in months this week, writes Brian Hunt for Steve Sjuggerud’s Daily Wealth.

The Cyprus/Euro crisis is driving the decline. It’s more confirmation that our “Asia up, the West not so [...]

Beijing, We Have A Problem: Warehoused Asian Copper Hits Record High

zerohedge.com / By Tyler Durden / March 22, 2013, 11:18 -0400

Pardon this brief tangent from the hypnotic, sclerotic, quixotic, Cypriotic situation which will get no resolution today, or tomorrow, and may at best be resolved on Sunday night following yet another coordinated global bailout, (although our money is on a last, last minute resolution [...]

Asian Bargain Hunters in for Gold

truthingold.com / By truthing / March 4, 2013

Gold firmed on Monday, bouncing from a one-week low hit on Friday, supported by physical buying in Asia, but robust U.S. economic data dented bullion’s safe-haven appeal.

Automatic spending cuts that kicked off in the United States on Friday, pushing spot gold to its lowest level in [...]

KWN SUN. SPECIAL: GOLD & SILVER to SOAR, CBS DESPERATE, ASIA & MORE – Stephen Leeb:

kingworldnews.com / Sunday, March 3, 2013

PLEASE CLICK ON PICTURE TO LISTEN TO THIS EXCLUSIVE INTERVIEW

Report: U.S., China dominate global billionaires

stellapollard.sharedby.co / By Kevin Voigt / March 1, 2013, 3:06 AM HST

HONG KONG (CNN) —The world has at least 1,453 billionaires, with about half of those residing in the U.S. and China, according to the Hurun Global Rich List.

In terms of cities, Moscow is home to the greatest number of [...]

Asia – War Is It On Time?

armstrongeconomics.com / By Martin Armstrong / February 12, 2013

I cannot stress how serious things are in Asia all because the USA is no seen as impotent thanks to the debt. China and Japan, along with North and South Korean troops at the DMZ, are clearly on high alert. They are [...]

How In the Hell Did the Computer Project The Tension in Asia?

armstrongeconomics.com / By Martin Armstrong / January 22, 2013

QUESTION: I attended the Bangkok Conference. I am in awe how can the computer have projected the rising tension in January back in October?

ANSWER: The computer has been able to pick up geopolitical events and tensions on a major scale like this not by [...]

Gold In Manipulative Sell Off? Nice New Years Gift

goldcore.com / By Mark O’Byrne / January 4, 2013

Yet again, the precious metals move down began in earnest during illiquid markets in Asia. On Thursday, gold fell almost 1.5% during the first three hours of Asian trading.

Gold has broken below the December low of $1,635/oz and below the 50, 100 and 200 day [...]

Year-end Round-Up

armstrongeconomics.com / By Martin Armstrong / December 31, 2012

The Year-End closings for 2012 were in the S&P 1,426.19, Dow Jones Industrials 13,104.14, Nasdaq 3,019.51, EURO/USD 1.3191, US 10-Year Bond 1.76%, Gold $1,674.30, Crude Oil $91.59.

Economic growth will rebound in Asia including China as well as the BRICS (Brazil, Russia, India, China [...]

Martin Armstrong – 2013 Crazy Things Happening Around The Globe

from FinancialSurvivalNet

When it comes to understanding what’s really happening to the world’s economic system, there’s no one better than Martin Armstrong. He believes that Asia is still growing rapidly and they’ve passed reforms to help prevent future bubbles. Europe is dire straights with virtually no leadership to be found. Martin foretold this state [...]

A Move Of Desperation By The Fed

jsmineset.com / By Jim Sinclair / December 20, 2012, at 1:18 pm

My Dear Friends,

You cannot fix the problems of the Western Economic system by breaking the telltale thermometer, which is the price of gold.

There is not one professional who does not know sales in extreme volume at a time of [...]

Asia gold: Physical buying picks up; year-end supply a concern

economictimes.indiatimes.com / 20 DEC, 2012, 11.38AM IST, REUTERS

SINGAPORE: Asia’s physical buying picked up after gold dropped to its lowest in nearly four months earlier this week, while some market participants were concerned about a potential supply shortfall next week as refineries close for holidays.

Spot gold dropped to $1,661.01 an ounce on Tuesday, [...]

Understanding Asian gold demand

goldmoney.com / By Alasdair Macleod / November 18, 2012

There is growing awareness that gold is accumulating in Asia. Indians have for a long time been the largest buyers of gold and have a tradition of giving gold as gifts at auspicious times. This gold is mostly classified as jewellery in the statistics, and [...]

A city of 7 million you’ve probably never heard of…

sovereignman.com / By Tim Staermose / November 13, 2012

Surabaya in East Java is a glamorous old city that became a colonial stronghold during the time of the Dutch East Indies. It was also the starting point for the Indonesian independence movement, which fanned out across the archipelago after the Japanese surrender in 1945.

[...]

Barrick reports a terrible earnings figures with higher costs and lower production/PMI figures from Asia rise but PMI in Europe lower/

harveyorgan.blogspot.com / By Harvey Organ / Thursday, November 1, 2012

Good evening Ladies and Gentlemen:

First forgive me for the different fonts as I use 2 different computers throughout the day.

Gold closed down today to the tune of $3.40 resting at $1711.10 comex closing time. Silver after rising early in the session to [...]

China’s real estate bubble overflowing into targeted US cities – Hong Kong imposes 15 percent tax on property purchases made by foreigners. The push for housing near quality universities.

doctorhousingbubble.com / October 31, 2012

The amount of money flowing in from global markets is incredibly strong. To be more specific buyers from China are big players in many prime areas especially in California. Access to high quality universities and prime neighborhoods is simply another factor that will keep prices inflated more [...]

I didn’t see this covered in any western newspaper

sovereignman.com / By Tim Staermose / October 22, 2012

When it comes to investing in Asia, the two countries which soak up the vast majority of investment chatter are India and China. And with good reason, they’re the two largest economies in the region.

Yet one of the most compelling stories in Asia right [...]

It’s the motto for the whole region

sovereignman.com / By Simon Black / October 18, 2012

“Wherever you may be in the world, you will feel the unstoppable force of a new Asia.”

So goes the advertising platform for DBS, the largest bank in Southeast Asia. These people know -exactly- what’s happening right now: wealth and power are shifting [...]

How Welfare and Warfare are Stealing Your Wealth

dailyreckoning.com.au / By Bill Bonner / October 15th, 2012

Christine Lagarde, former student at the Holton Arms school in Bethesda, Maryland, and now head of the IMF, wants Europe to ease up on austerity. Wolfgang Schauble says Lagarde should keep her mouth shut.

Schauble points out that Europe has a hard, steep path to [...]

The Rise in Uncertainty Shines a Light on Asia

armstrongeconomics.com / By Martin A. Armstrong / October 14, 2012

There is a rise in the global economic uncertainty.that is even felt in Southeast Asia. Even a survey of Ernst and Young just revealed that 40 per cent of companies in the region are pessimistic about their profitability, compared to only 30 [...]

Gold And Silver Fall On Open In Asia As October Correction Continues

Gold USD 3 Days, October 11-15 – (Bloomberg)

goldcore / by Mark O’Byrne / October 15, 2012

Gold saw quick price falls at the open in Asia overnight and hit a two and a half week low, continuing the drop from the prior trading session. Stop loss selling [...]

Asia – The Coming New Financial Capital of the World

armstrongeconomics.com / By Martin A. Armstrong / October 11, 2012

One of the most significant advantages of gathering historical information on the rise and fall of nations throughout history, has been the discovery of the true nature of the world economy and its interactions with mankind. Nothing lasts forever. There are four seasons to [...]

5 All-American Companies Whose Fortunes Are Secretly Tied To China, Asia

wealthwire.com / Tuesday, September 25th, 2012

In recent years, many Asian economies have been booming while European and North American ones struggle. But the tables might be about to turn, according to data from the Asian Development Bank.

In its July 2012 Asian Development Outlook Supplement, the financial and policy institution forecasts 6.6% [...]

Bullish on America — in 1997

rickackerman.com / by Rick Ackerman / September 21, 2012

[The weekly column I freelanced to the Sunday San Francisco Examiner in the late 1990s was as relentlessly bearish as my Rick’s Picks commentaries are today. However, the essay below, published in 1997, was a notable exception. Its thesis was that U.S. companies both large and [...]

WWIII Within Days; Food-for-Guns Program Next, Says Informant

beaconequity.com / by Dominique de Kevelioc de Bailleul / September 20, 2012

War drums beat in the Middle East and, now, the drums suddenly beat strongly between two Asian mights. That, on top of a global financial system on the brink of entering the slide to hyperinflation has many thoughtful analysts suggesting that the so-called [...]