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

Gerald Celente: What will the trends of 2010 be?

As usual in these weekly musings, we present items in the news media and the blogosphere that have ‎caught our attention during the previous week…..‎ • Richard J Maybury: Chaostan and beyond‎ • Ron Paul and Revolution?‎ • Resource and Energy Production Peaks • Gerald Celente – Trends for 2010‎ Richard J Maybury: Chaostan and beyond This...

Richard Russell: “Don’t turn up your nose at silver”!

As usual in these weekly musings, we present items in the news media and the blogosphere that have caught our attention during the previous week…..  Money market fund redemption freezes? Who will buy Treasury bonds this year? Chinese car sales roaring ahead (and they all need fuel!) GDXJ – gold juniors ETF Willem Buiter warns of massive dollar...

“Get Your Gold the Hell Outta Here!”

By Doug Hornig, Casey’s Gold & Resource Report That’s the directive that came down from HSBC USA in late November.‎ It seems that everyone these days wants gold. Real, physical gold coins that they ‎can hold in their hands, or bars that they’re assured are resting safely in a well-‎guarded vault. HSBC’s New York vault, for example, buried deep...

China becomes worlds biggest gold buyer in 2009

Big changes were seen in 2009 in the global gold market.  Not only was it the first time in 21 years that the world’s central banks became net buyers of gold, but China was also the biggest buyer of gold, adding 454 tonnes to it’s reserves.  Russia and India were the other major buyers in 2009. Full article from ChinaMining.org is...

What will 2010 bring for gold and the markets?

This week, along with almost everyone else, we surmise about what’s likely to come our way in 2010. ‎As usual, it’s reasonably clear what will happen, but who knows when?‎   We’ll cover… • Grain shortages • Nation state defaults • Individual US state defaults • Municipal defaults • Mortgagee defaults • Commercial real...