China

In this exclusive interview with The Gold Report, Wellington West Analyst Paolo Lostritto explains why he thinks Burkina Faso is a part of the world gold investors should keep their eyes on…..

In the event of a full-blown sovereign debt crisis, hard assets will become deeply desirable as one of the few “stores of value” left….

In the previous essay, we’ve emphasized that gold is to move higher, and since it has just moved significantly higher, it seems that you may wonder what we think about the situation in its sister-metal – silver. However, before providing you with technical details, we would like to provide you with not-so-bullish views on China, and briefly comment on how it might affect the precious metals market….

The odds are good that China won’t dump its holdings of U.S. Treasuries anytime soon. But by substantially reducing its purchases of U.S. debt – or halting them completely in the form of a buyers’ strike – the Red Dragon could absolutely shatter the myth that it is the U.S. Federal Reserve that controls U.S. interest rates….

This essay is based on the Premium Update posted on March 19th, 2010 In the March 12-th commentary we’ve discussed the influence that China might have on the precious metals market and since the feedback was very positive, we decided to provide you with a follow-up. April 15th is the date to watch. That’s when … Continue reading

…Investors and newsletter writers (we among them) have long speculated that China has a pressing need to start buying gold to reduce its giant hoard of U.S. dollars. We conjectured that China might buy the 191.3 tons that the IMF wants to sell. After all, what could be more logical than to buy the gold off-market?…

Investors have long speculated China will start buying gold and selling its hoard of U.S. dollars at some point. (China’s hoard could be literally trillions of U.S. dollars.) It would be the first step in a “Doomsday” scenario…

To review briefly, the major building blocks supporting a rising gold price over the next few years are…..

Now, the very latest data suggests the day of reckoning is fast approaching. This is no longer some theoretical, potential future event. It’s a crisis that could strike with deadly force at virtually any time. You simply must consider taking action to protect yourself and profit before it’s too late!

Source: Interviewed by Karen Roche, Publisher, The Gold Report  02/19/2010 Resource companies that discover and develop deposits come with enormous upside potential, but after decades’ worth of prospectors poking and prodding, drilling and digging all over the planet, lucrative finds prove few and far between. In this exclusive Gold Report interview, Resource Opportunities editor and publisher … Continue reading