Silver For The People

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No cheap gold in Vietnam

therealasset.co.uk / By Jan Skoyles / May 10, 2013

One must wonder how Vietnam, a country where gold investing between 2011-2012 accounted for over 3% of GDP, has handled the global dash for gold in recent weeks.

The country’s central bank and citizens hold more gold per capita than India and China, [...]

UAE gold retailers buy bullion at any cost

Customers at a jewellery shop in the Sharjah Central Souq. Leading gold retail chains say the higher premium on ensuring delivery has not been passed on to showroom prices.

gulfnews.com / By Manoj Nair / Published: 12:56 April 29, 2013

Dubai: Gold prices may have had a partial recovery over the last week, [...]

Gold’s price plummet puts smiles on India’s government and brides alike

mineweb.com / By Shivom Seth / April 26, 2013

MUMBAI (MINEWEB) -

It would seem that Indian brides and the country’s government have something in common, both are both are elated that gold prices have been sliding.

While the sharp decline in gold prices is set to have a favourable impact on the Indian [...]

Gold Prices and Where To Buy Gold

tfmetalsreport.com / By Turd Ferguson / April 25, 2013

How’s that for some shameless search engine optimization? Seriously, why the heck not? If folks are out there searching Google for information on the precious metals, we might as well direct them here, right?

It’s not as if the site isn’t plenty busy…the last two [...]

Newcrest weighs up future of mines

The gold price is hurting many miners.

smh.com.au / By Peter Ker / April 24, 2013

Newcrest Mining is reviewing the future of some of its mines, as the recent plunge in the gold price continues to take a toll on the nation’s fourth-biggest mineral export industry.

Newcrest was one of several ASX-listed goldminers [...]

When Gold And Stocks De-Correlate

zerohedge.com / by Tyler Durden / 04/18/2013 13:40 -0400

The structural collapse in paper gold prices has been met a seeming ‘money-on-the-sidelines’ flourish of investors looking to buy the physical asset. However, when asset relationships break-down so significantly, as gold and stocks have in the past 90 days, one has to take a step back [...]

Embry – Physical Buying Intensifying On Lower Gold Prices

kingworldnews.com / April 17, 2013

In the aftermath of the brutal takedown in gold and silver, today John Embry spoke with King World News about why he believes the smash was orchestrated and what investors should be doing right now. Below is what Embry, who is chief investment strategist at Sprott Asset [...]

As global price slumps, “Abenomics” risks drive Japan gold bugs

reuters.com / By Chikafumi Hodo and Osamu Tsukimori / April 16, 2013

(Reuters) – When he woke up to news of a collapse in gold prices, Yujiro Yamashita, 63, made his way to Tokyo’s posh Ginza district to buy the precious metal for the first time in 20 years.

Yamashita and other contrarian, individual [...]

Presenting Gold’s 7-Sigma Move

zerohedge.com / By Tyler Durden / April 16, 2013, 09:15 -0400

While yesterday’s cliff-dive in gold was impressive by any standards, the escalating drop over the past 5 days has been just as dramatic. Based on 20 years of rolling 5-day moves, the ~15% plunge is equivalent to around 7 standard deviations (in context Yao [...]

Gold Crash: What It’s Not Telling Us

streettalklive.com / By Lance Roberts / Monday, April 15, 2013

The recent plunge in gold prices below $1500 an ounce has suddenly awoken, well, just about everyone. The “gold bugs” are yelling that it is a conspiracy theory by the Fed while the stock market bulls say it is a sign that the Fed has [...]

Low bullion prices lure shoppers

english.peopledaily.com.cn / By Hu Xiaocen / 15:28, April 15, 2013

SHOPPERS swarmed into gold jewelry shops in Shanghai over the weekend lured bythe two-year low of bullion price after global gold prices plummeted.

China National Gold Group, the country’s biggest gold producer, slashed the bullionprice from 313 yuan (US$50.55) per gram to [...]

Gold prices hit by Goldman forecast cut, Fed

gotgoldreport.com / By Gene Arensberg / April 10, 2013

Barbara Kollmeyer and Carla Mozee, for MarketWatch write: MADRID (MarketWatch) — Gold prices fell on Wednesday after Goldman Sachs cut its forecast for this year, and the minutes of the Federal Reserve’s last policy meeting showed sharp divisions among officials bank about how long it [...]

Yen Gold Scores All Time High

traderdannorcini.blogspot.com / By Dan Norcini / April 9, 2013

Currency Debasement = Higher Gold Prices. Any questions?

By the way, if you think this is something, you should see what is happening to crude oil prices in Yen terms. The Japanese political and monetary leaders are certainly doing their best to kill deflation over there. [...]

China: Gold Before Swine

truthingold.com / By truthing / March 28, 2013 at 09:22

Should gold traders be paying attention to Chinese pork prices? It may sound outlandish, but new research has uncovered an interesting link between global gold prices and Chinese inflation (which in turn is often driven by pork prices).

Even though China accounts [...]

Gold Prices Have Fallen But The Bull Market Is Far From Over

goldsilverworlds.com / By David Levenstein / March 13, 2013

Gold prices seem to have stabilized for now, after a tumultuous two weeks, when the price of the yellow metal was driven down by speculators on Comex who reacted to the slightest bit of economic news.

Prices tumbled after the US Federal Reserve’s [...]

DoubleLine’s Gundlach Likes Silver As “The Great Debasement” Will Continue For Years (Not Months)

zerohedge.com / By Tyler Durden / 03/05/2013 17:49

With central bank monetization supporting gold prices and fiscal deficits, DoubleLine’s Jeffrey Gundlach’s latest chart extravaganza contains more than a few charts you will have seen browsing these very pages. From Japanese demographics (and their apparent love of debasement) to US deficits (and US ignorance of [...]

Gold’s bull run not over, it’s just taking a break

marketwatch.com / By Myra P. Saefong / March 1, 2013, 6:00 a.m. EST

SAN FRANCISCO (MarketWatch) — After five months of declines in gold prices, it’s still not time to call an end to gold’s bull run.

After all, the factors that contributed to gold’s fifth straight monthly decline — [...]

Hedge Funds Record Short Gold Positions Is A Bullish Contrary Indicator

goldandsilverblog.com / February 23, 2013

The deluge of bearish articles on gold continues with a Wall Street Journal article entitled “Money Managers Shorting Gold In Record Numbers.”

Hedge funds and other investment managers held a record number of bets on lower gold prices on the main U.S. gold exchange, according to data [...]

How Close to the Final Bottom in Gold Are We?

sunshineprofits.com / By Przemyslaw Radomski / February 22, 2013

Gold roller coaster seems to go on and on without an end. But what we have seen this week was more of a bungee jumping. However, at this time there seems to be no more room for further declines, as major support lines have been reached [...]

When It Comes to Gold, Stick to the Facts

dailyresourcehunter.com / By Frank Holmes / Feb 20th, 2013

Gold dipped below $1,600 recently, falling to a six-month low, much to the chagrin of gold investors. I find the timing of the correction peculiar, given the G20 Finance Ministers Meeting taking place this past weekend. There’s been a growing debate over Japan’s move to [...]

Silver Prices Remain in a Consolidation Mood

ibtimes.com / By Bob Kirtley / February 18 2013 8:51 AM

So far this year silver prices appear to be range trading at around the $30.00/oz level. Gold prices have been under considerable selling pressure which in turn has tended to cap any rally that silver could muster. The anecdotal evidence suggests that the demand [...]

Shanghai Gold Exchange Benchmark Contract Volume Jumps to Record

bloomberg.com / By Bloomberg News / Feb 18, 2013 5:06 PM GMT+0800

Gold volumes for the benchmark cash contract on the Shanghai Gold Exchange climbed to a record today, as the market re-opened after a weeklong break and lower prices lured buyers.

The volume for bullion of 99.99 percent purity exceeded 22,000 kilograms (22 [...]

Return of Chinese buyers from New Year holiday to rally gold as central banks buy most in 50 years

arabianmoney.net / By Peter Cooper / February 15, 2013

Bearish noises in the gold pit have lowered prices again this week but the real reason for the price fall is the absence of the world’s most voracious buyers, the Chinese who are on a national holiday this week for their New Year, though they [...]

How The Job Market & The Fed Affect Gold Prices

goldsilverworlds.com / By Zentrader / February 4, 2013

If we are to believe market commentators, then Gold is being held back because the FED’s QE may be ending sooner than expected. The argument is that if the economy improves, the FED will back out of asset purchases (QE), and the gold bull market will end. [...]

Gold Prices to Surge in 2013

wealthwire.com / by Brittany Stepniak / Thursday, January 24th, 2013

Last year, physical gold gained about eight percent in monetary value, while gold equities were among the worst performers of the year. According to Evy Hambro, manager of the BlackRock fund, that’s all about to change…

Hambro blames last year’s price dips on the managers [...]

Jeweler Turned Billionaire on Gold Holdings

wealthwire.com / by Brittany Stepniak / Tuesday, January 22nd, 2013

Merely wanting to “do good for the community,” 65-year-old T.S. Kalyanaraman has become a billionaire in just ten years due to surging gold prices.

Kalyanaraman is an esteemed and customer-appreciated jewelry in Kerala India. He opened shop in 1993 and [...]

Minting the PLASTIC Coin & Countering Claims of Metals Manipulation w/Chris Martenson & Keith Weiner

Welcome to Capital Account. Is the stock market partying like its 1999? Despite major risks and lack of corporate transparency, the stock market has made strong gains over the last year. As Bloomberg recently noted “Americans have missed out on almost $200 billion of stock gains as they drained money from the market in [...]

Cash costs, hedging and big new mines could see global gold output rise 2013/2014

mineweb.com / By Lawrence Williams / January 4, 2013

Despite a poorly performing gold price which, if it continues, will likely see some new project curtailment and a decline in exploration leading to possible production shortfalls in the years ahead, 2013 and 2014 both look likely to see an increase in global gold output following [...]

Jeffrey Christian – 2013 Will Be More Of The Same

from FinancialSurvivalNet

Jeffrey Christian of CPM Groupjoined us for his take on the Fiscal Cliff and his predictions for the year ahead. As he said, “It’s much easier to predict history.” Unfortunately, it’s very hard to make money off of what happened in the past. The key to profits or to protecting your wealth is [...]

Miners Going Overseas for All that Glitters

As gold prices go higher, China’s largest gold mining companies are digging deeper for global business

english.caixin.com / By staff reporter Zhang Boling / 12.27.2012 11:57

(Beijing) – At every juncture, conversations among gold mining executives at the recent China Mining Conference in Tianjin turned toward a single topic: The quest for gold [...]