Will gold and silver test recent lows again before heading higher?
These are dog days for precious metals investors with just about everybody out to dance on your grave. But as any contrarian investor knows that is usually a positive signal. It is when everybody agrees…
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Goldman Sachs reverses its gold position yet again and Cyprus sells its 13.9 ton reserves
Spot the conspiracy by the global leaders of the financial community to get behind the Bank of Japan’s QE initiative and keep the gold price in check, while delivering cheaper gold to the central banks…
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How the Cyprus banking debacle will raise the price of silver more than gold
Gold has held above $1,600 and silver hovers close to $29 an ounce after the Cyprus banking deal, despite a rally in the US dollar and a fall in the euro. But the real action…
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Massive hidden US gold sales by the Fed have kept the gold price down reveals Sprott study
New research from Sprott Asset Management has revealed that huge sales of gold by the Federal Reserve over the past two decades have kept the gold price below where it ought to be if market…
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Chinese must buy gold to hedge their increasing dollar exposure explains gold guru Jim Sinclair
One way to rise above the day-to-day noise in markets and get the longer view right is to adopt an investment sage, somebody older, wiser and considerably richer due to their past good judgement. Many…
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Euromonitor International wrong to see China overtaking the US as world’s largest economy by 2017
Macroeconomic forecasting is notoriously difficult. ArabianMoney recalls how Japan was supposed to ovetake the US economy in the 90s. We just about remember the end of the dollar forecasts of the 1970s. But are the…
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Not so fast Goldman Sachs as gold rebounds almost $50 as China buys
Just as the talk about gold’s death cross reached its height and Goldman Sachs said the yellow metal’s halcyon days might be over, the price has rebounded to almost $1,600 despite a big sell-off on…
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Return of Chinese buyers from New Year holiday to rally gold as central banks buy most in 50 years
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…
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Russian central bank the biggest buyer of gold in the past decade and still buying
The Russian central bank has emerged as the biggest buyer of gold in the past decade in a survey of central banks compiled by Bloomberg, turning its black gold as the world’s largest oil producer…
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Why are central banks buying more gold than at any time in 50 years?
Gold bugs can hardly have missed the GFMS Gold Survey for 2012 that reported global central banks bought more gold in 2012 than at any time in the past 50 years, a net 536 tonnes…
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