Indicative Price to buy (Sat 10.40am NZ time):
1 oz Gold bar: $2152.80 1 kg silver bar: $1432.05

Are the Gold and Silver ETFs backed by precious metals?

The latest concerns about the Gold and Silver Exchange Traded Funds (ETF’s) comes from John Embry of Sprott Asset Management.  John has been speaking at the Silver Summit in Spokane, Washington where he has expressed doubts about the precious metals ETF’s actually having the metal that they claim to have. The report has been compiled by...

Jim Sinclair on the dollar, inflation, gold and silver

Jim Sinclair of Tanzanian Royalty Exploration and JSMineSet.com was interviewed for a half hour this week by Eric King of King World News, discussing the dollar, inflation, gold, silver, and China’s taking on the commercial shorts in the gold market.   You can listen to the interview at the King World News site...

GATA, China and Gold Price Suppression

Weekly Wanderings 29 September 2009 As usual in these weekly wanderings we present you with topical and interesting items we’ve come across during the week…     This week, over at King  World News ,  Eric hosts a fantastic audio interview with Bill Murphy and Chris Powell, of the Gold Anti-Trust Action committee (GATA). We consider this to be an...

Professor Fekete: Why Barrick Gold has ended Gold hedging

Following on from our earlier article “Why are gold mining producers reducing their gold hedge books?” is the recent ‎announcement by the worlds biggest gold producer Barrick Gold, that it too is ‎finally unwinding its profit strangling forward gold sales contracts.‎ The following article is by Professor Antal Fekete  a ‎monetary scientist we very...

What If Everyone in the World Wanted a 1-ounce Gold Coin?‎

Today we have an article care of Casey Research’s Jeff Clark.  Jeff is Senior Editor of  Casey’s Gold & Resource Report.  The Gold & Resource Report covers a portfolio of mid- to large-cap precious metals and natural resource producers , ETFs, mutual funds, and more.  Now over to Jeff on just how small the global gold supply is and what this...