Year: 2009

Futures exchanges like the Comex are giving buyers and contract holders paper and not metal. The full story is here.

Chris Vermeulen’s weekly update

Have Violin Must Fiddle By Neil Charnock goldoz.com.au Interest rates are up again here in Australia as the RBA hikes our prime rate by 0.25% to 3.75%. One bank has already come out with a 0.45% hit on mortgage borrowers of nearly double that figure. The Federal Treasurer stated that the banks have no justification … Continue reading

Not that there’s a link between the two, but as the legendary Peter Grandich celebrates his silver anniversary as a market commentator, he tells The Gold Report in this exclusive interview that having been left behind in the big run-up in gold, silver’s time has come to steal the limelight for a while.

Mining is a tough business and profits are rarely easy to come by. I learned the concept of the “real” price of Gold from Bob Hoye at Institutional Advisors. This concept ignores the nominal price of Gold (i.e. ignores the currency effect, which is difficult for paperbugs but easy for long term Gold bulls) and focuses on the price of Gold relative to the price of other commodities as a ratio.

Courtesy of Market Watch: “Over the holiday, I’ve been reading the gold advisories that I usually follow. Almost without exception, they’ve had their subscribers trade out of gold. … I’ve said over and over ad nauseam, that you can’t out-trade a powerful bull or bear market. Bull markets like this gold bull market come along, … Continue reading

An article from the new issue of Time Magazine about Gold’s moment in the spotlight.

The new gold bugs are taking gold mainstream. Tudor, Paulson, Greenlight, and Hayman bring the precious metal in from the fringe.

The US cannot finance its ever growing obligations from existing savings or foreign borrowing. The solution is number three: monetization.

Policy makers in Japan are thinking about initiating quantitative easing.