Modern Dubai: Built on the backs of Slave Labour ...
The leaders of Dubai spent
money like drunken Sailors ... while Slave Labourers working for
just $1 Dollar per day did all the hard work...
cont ...
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China, gold, & the civilization shift ...
Stephen Jen from the hedge
fund Blue Gold Capital has a warning for those who think that
gold has risen far too high, is necessarily in a speculative
bubble, and must soon come clattering back down ...
cont ...
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World
Gold Council Chairman sees $2,000 Gold next year ...
World Gold Council Chairman,
Goldcorp's Ian Telfer, says the Gold price could reach $2,000 in
2010 ...
cont ...
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Dubai Crisis May End in "Major" Default ...
Dubai’s debt woes may worsen
to become a “major sovereign default” that roils developing
nations and cuts off capital flows to emerging markets ...
cont ...
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US Mint to suspend sales of American Eagle Gold 1-oz Coins
because of rising demand...
The U.S. Mint said on
Wednesday it will suspend sales of the popular American Eagle
1-ounce bullion coins as rising demand depleted its inventory ...
cont ...
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China is encouraging citizens to invest in precious metals ...
The Chinese government is
doing an extraordinary thing... something nearly unheard of in
the modern world. It is encouraging citizens to put at least 5%
of their savings into precious metals ...
cont ...
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Why Gold may extend lead over Oil ...
Strategist says crude will
struggle for further gains. Massive oversupply in the oil market
has helped to snap the link between Oil and Gold ...
cont ...
|
India open to buying more IMF Gold ...
India is open to buying more
gold from the International Monetary Fund following its purchase
of 200 tonnes earlier this month, a report said ...
cont ...
|
Mint Supply of Gold Krugerrands Running Out ...
For some time, I have been
warning that apparently plentiful supplies of gold and silver
bullion-priced coins and ingots could quickly evaporate ...
cont ...
|
MOVIE: The Dollar Bubble ...
Documenting the American
Dollar Bubble ...
cont ...
|
Armored trucks leave NYC loaded with Gold ...
So many investors have
turned to gold during the recession that the HSBC bank on New
York’s Fifth Avenue cannot cope with the amount of bullion being
kept in its vaults, according to a report in the Wall Street
Journal today ...
cont ...
|
Why Gold isnt anywhere near a bubble yet ...
A market that breaks free
from a multi-decade base is a market that shoots much much
higher. There are numerous examples of this ...
cont ...
|
"Salted" Gold bars alleged filled with Tungsten ...
The first "salted bars" were
discovered in Hong Kong a month ago, reported by the Hat Trick
Letter. Since that time, tens of thousands of bars have ...
cont ...
|
Gold is going to $4,000 - $11,000 per oz. ...
The Gold price is going to
$4,000 - $11,000 per oz. if revalued as money ...
cont ...
|
Investor are moving from "Paper Gold" to "Physical Gold" ...
James Turk: Investors are
moving from "Paper Gold" to "Physical Gold" ...
cont ...
|
Marc Faber: Gold won't fall below $1,000 per oz. again ...
Marc Faber says Gold the
price won't fall below the $1,000 US per oz.oz level ever again ...
cont ...
|
Gold to Outperform U.S. Stocks on Stimulus, Marc Faber Says ...
Gold, which climbed to a
record today, will outperform U.S. stocks as investors turn to
the bullion on further government stimulus spending, said Marc
Faber, publisher of the Gloom, Boom & Doom report ...
cont ...
|
Sri Lanka Central Bank buying Gold ...
Sri Lanka's central bank has
been buying gold for the past five or six months as it
diversifies its reserves amid volatile markets, the bank's
governor said in an interview on Thursday ...
cont ...
|
Peter Schiff: There is no top to the Gold price ...
Peter Schiff: Gold is going
to at least $5,000 US per oz., and it could go alot higher ...
cont ...
|
Frank Holmes, of U.S. Global Investors on Gold ...
Frank Holmes: The supply of
Gold from mines is dropping every year ...
cont ...
|
Russian Central Bank to buy aprox. 30 tons of Gold ...
Russia's state repository
Gokhran will sell 30 tonnes of gold to the Russian Central Bank
in 2009 instead of offering it to the market, Russia's finance
minister said on Wednesday ...
cont ...
|
The Mauritius Central Bank buys 2 tons of Gold ...
Mauritius bought 2 metric
tons of gold from the International Monetary Fund, underscoring
a drive by central banks to boost holdings as the precious metal
trades near a record and the dollar slumps ...
cont ...
|
South African Gold Reserves are Overstated by approx. 90% ...
A recent study concludes
that South Africa's Witwatersrand Goldfields are around 95%
exhausted ...
cont ...
|
50,000 Tons of Phantom Gold sold to Multiple Buyers...
Researchers at GATA conclude
there is approx. 50,000 tons of phantom Gold circulating in the
world, mostly via paper trading schemes on the majors metal
exchanges ...
cont ...
|
Super-rich buying Gold and selling hedge funds ...
The investment preferences
of the world’s wealthiest families have shifted significantly in
favour of gold and other commodities and away from hedge funds ...
cont ...
|
Gold is the Ultimate store of value ...
Gold is not a mystical
metal, rather it is the ultimate store of value which tends to
do well when fiscal and monetary policies are poor ...
cont ...
|
Iran to supply 5m new coins to gold market ...
Iran's central bank plans to
inject 5 million newly-minted gold coins into the domestic
market in order to control rising gold coin prices, according to
the official IRNA news agency ...
cont ...
|
Gold Price Breakout Targets $1,500.00 ...
Gold recently completed a
bullish inverted head and shoulders continuation pattern and
quickly put in a gain of $100 or 10%. While the rise has been
impressive, the technical picture suggests gold has much higher
to go ...
cont ...
|
India's gold import rises 45 pc to 48 tonnes in October ...
India's gold imports surged
by over 45 per cent in October at 48 tonnes on the back of
rising demand, the country's largest state-run gold importing
firm MMTC ...
cont ...
|
Gold viewed as safe investment option during recession ...
During the economic
slowdown, people started locking more of their investments in
gold due to the ‘stability’ factor after they lost faith in many
of the other financial instruments, according to Mr George
Muthoot, Group Executive Director ...
cont ...
|
India-IMF Deal: Tipping Point for Gold ...
India’s deal to buy 200
metric tons (6.4 million troy ounces) of gold from the
International Monetary Fund (IMF) is a huge deal – not just the
fact that the New Delhi government is handing over $6.7 billion
for the metal, but what it ...
cont ...
|
Gold Price Spike Says it's Not All About U.S. ...
The jump in the price of
gold Tuesday to a record $1,083.30 per ounce, following the
announcement of the $6.7 billion sale of 200 metric tons of gold
by the International Monetary Fund (IMF) to India’s central
bank, should serve as a clear indication ...
cont ...
|
Gold's Rally Suggests Silver Will Ride the Coattails ...
As investors begin their
shift away from currencies and into hard assets, gold has
waltzed well past $1000 per ounce and has since pushed through
$1100. Because precious metals have been long seen as an
effective hedge against inflation, investors have been the
biggest driver of demand ...
cont ...
|
