Jul 17, 2010
We’re now putting multiple gold news stories per day up on our facebook page. And so we no longer update this “Latest Gold News” section. So head over to http://www.facebook.com/goldsurvivalguide. Click “Like” at the top of the page and you’ll be kept up to date with all the other gold and silver related stories we...
From the Sunday Star Times comes this article outlining how Gold Buyers Kiosks are popping up in New Zealand Malls. Gold kiosks panned for poor prices KIOSKS HAVE sprung up in shopping malls all over the country offering to buy your unwanted gold as US dollar prices soar, but they may not always offer the best deal for those tempted to sell. GoldBuyers...
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 here. VN:F...
Jim Rogers was recently interviewed on CNBC (full video below). He thinks the US dollar will rally in the short term before continuing it’s long term down trend. He likes silver more than gold right now although will buy more gold if it drops a bit further. Although he “wouldn’t think of selling [gold]” at the moment either. He...
Heritage Gold is in talks with potential joint venture partners in China to develop the historic Talisman mine. The NZX listed New Zealand gold miner has been granted a 25 year permit to mine in the hills of the Karangahake Gorge between Waihi and Paeroa, with potential to produce gold and silver worth 75 million a year. Full NZ Herald article here. VN:F...
Further evidence of the increasing demand for gold comes by way of the U.S. Mint. Just one day after releasing it’s new one tenth ounce gold coin they have sold out. And the new half ounce and quarter ounce coins are now also extremely limited. Amazingly they sold 345,000 coins in one day! This just a week after the Mint suspended sales of it’s...
