The Three Trends Which Rule the Precious Metals Market, Part II

So we have our bankers telling us that both their paper bonds and paper currencies are “safe havens”. Meanwhile, 1,000+ years of our own history tells us that both forms of paper are certain to end up totally worthless. Obviously treating $10’s of trillions in...

Gold-Investment Demand in China to Advance 10%, ICBC Says

Gold-investment demand in China may gain more than 10 percent this year as buyers seek a haven from Europe’s debt crisis and the prospect of weakening currencies, according to the country’s largest bullion bank. “Investors here want to hold part of their assets in...

The Return of Gold Buying by Large Institutions

After the $1 bn purchase of gold bullion in 2011 April by the University of Texas Investment Management Co, large institutional investors were largely absent from the market. Now, the Financial Times has reported that Okayama Metal and Machinery has become the first...

The Right Time to Buy Gold

May 29, 2012: I am proud to say that I have been actively trading Gold since President Ford signed legislation that legalized private Gold coin and bar ownership, which took effect December 31, 1974. During those 37 years the Gold price moved from $103 in August of...

China, Japan to Use Yen, Yuan and not the USD

In the next month China and Japan (China’s main trading partner) will no longer use the U.S. dollar as the only currency in trade with each other. They will use the Yuan and the Yen directly with each other. This will see the dollar removed from a large chunk of the...