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

Billionaires bet on higher gold prices

As usual in these weekly wanderings, we share some of our thoughts and those of some others that we have observed along the way… The big guys – billionaires George Soros, Paul Tudor Jones, David Einhorn, John Paulson – are buying into gold and gold shares in a big way. When Soros, for example, buys USD75 million worth of an exploration company like...

The Role of Derivatives in the Financial Crisis

Weekly Wanderings 6 October 2009 As usual in these weekly musings we present you with interesting items we’ve come across during the week…   From Max Keiser this week at www.maxkeiser.com comes an interview with Janet Tavakoli, an expert among experts on structured finance – you know, all those things with funny acronyms like CDO, CDS, SIV, ABMS (A.K.A...

The Golden Hour – Guest article courtesy of ChrisMartenson.com

Today we have the honour of hosting what we believe is a brilliant overview of the gold market written by Chris Martenson.  A priviledge indeed, as this article is currently only available to the paid enrolled members of ChrisMartenson.com, a service we highly recommend.  The article draws together a number of the news items we have highlighted recently and...

How high can the gold price rise ?

World renowned gold analyst Alf Fields explains that we are in the early stages of a massive rise in the price of gold. Knowledge is power; knowledge is profit “Manipulation can not last forever against the primary trend. It can happen in the short and medium term, but eventually the facts involved in the primary trend will overwhelm the manipulators”...