by agm | Apr 29, 2012 | news
The implications of China paying for Iranian oil in gold is the most important event in the modern history of gold: 1. It is reasonable to assume that China has been threatened with total or at least selective exclusion from the SWIFT system if it pays in any currency...
by agm | Apr 25, 2012 | news
Beijing’s plan to avoid newly implented U.S. financial sanctions may be why this is the best time in the world to buy gold. According to Forbes, Beijing will pay for Iranian oil with their gold. In the past few months, we’ve repeatedly reported on...
by agm | Apr 24, 2012 | news
China has been trying to diversify her foreign exchange reserves for some time. We are all familiar with the figures released by the likes of the World Gold Council about Chinese gold investment demand, as well as statistics showing official gold imports through Hong...
by agm | Apr 19, 2012 | news
Today I will talk about the most divisive asset class of them all– gold. Even though real estate has been crushed, the general thinking still is that real estate is a good long-term investment. Bonds are still a viable investment for many people, as evidenced by...
by agm | Apr 18, 2012 | news
Gold eased on Wednesday, having fallen for the past three trading days, as the euro came under pressure from continued worries about the euro zone. Across the broader markets, European shares fell along with the euro, while safe-haven Bund yields were steady on the...
by agm | Apr 15, 2012 | news
1. The word “gold” comes from the Old English word “geolu,” meaning yellow. 2. There is more steel created per hour than there has been gold dug up throughout history. 3. Around 161,000 tons of gold have been mined by humans. 4. Gold can be...
