Gold

Precious Metals Strong Performance for 30 days.

Precious metals continue to gain momentum as we near the end of February. Gold is up 3.26% in the last 30 days. Silver outperforms gold during the same time period increasing by 6.33%. Historically, options expiration performances were muted allowing the bears to both be profitable and to achieve the goal of price suppression. I

By |2017-03-30T21:24:30+00:00February 23rd, 2017|Gold|

November Chinese Gold demand very strong!

The monthly gold demand in 2016 for Chindia (China and India) has averaged roughly 250 metric tonnes per MONTH. That demand alone accounts for ALL of the annual global mining output on our planet Earth. The volume of physical gold withdrawn from vaults of the Shanghai Gold Exchange (SGE) in November accounted for 215 tonnes,

By |2017-03-30T21:14:43+00:00December 14th, 2016|Currency, Gold|

Banks must face U.S. gold rigging lawsuit

Banks must face U.S. gold rigging lawsuit; UBS is dismissed A U.S. judge said gold investors may pursue much of their lawsuit accusing four major banks of conspiring for a decade to fix prices and exploit distortions at the expense of investors in global markets for the precious metal. Antitrust and manipulation claims can move

By |2017-03-30T21:18:59+00:00October 25th, 2016|Global Economics, Gold|

Lord Rothschild recommends buying gold

Lord Rothschild: "Why I've sold hundreds of millions of pounds worth of shares, and bought gold". Lord Rothschild, chair of the £3.04 billion RIT Capital Partners investment trust, has revealed that while he has significantly reduced his exposure to listed shares, he has responded to the prevailing economic uncertainty by buying gold. Lord Rothschild and

By |2017-03-30T21:20:11+00:00October 25th, 2016|Gold|