RSSCategory: Category: Physical Market

Gold Coin Demand Exploding In Europe And China On Gold’s Price Lows

Gold Coin Demand Exploding In Europe And China On Gold’s Price Lows

The ultimate test came two weeks ago, when gold touched again the same price level as in June. The gold price jumped quickly higher. The double bottom was not only a powerful technical signal, it was also confirmed in the physical market with another explosion in demand. The Royal Mint in the UK, the US Mint, Perth Mint in Australia and the Shanghai Exchange in China all reported an explosion in physical gold demand.

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Is The Exploding Indian Scrap Gold Supply Actually Smuggled Gold?

Is The Exploding Indian Scrap Gold Supply Actually Smuggled Gold?

Suchecki writes: “Indian Jewelers will not want the Indian Government to think their gold import tax policy is not working. Thus, gold purchased from smugglers will be increasingly reported by jewelers as Scrap/Recycled and they will report record demand of Indians turning in their old jewelry to be updated to new, fashionable designs.”

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Infographic: The Wonderful Uses Of Silver

Infographic: The Wonderful Uses Of Silver

Silver is a critical element which has been used in a growing number of industries, applications and devices. In fact, most of us are simply not aware how many times a day we are using silver; the grey metal is in medicine, solar panels, electrical switches, automotive, electronic devices, etc. This infograpic, created by Physicalgold.co.uk, gives an overview of some important uses of silver in daily life.

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Jim Rickards: Gold Is Setting Up For A Huge Technical Rally

Jim Rickards: Gold Is Setting Up For A Huge Technical Rally

In this short but fascinating interview on Bloomberg TV, Jim Rickards summarizes today’s controversial gold market situation in just a couple of minutes. He says the gold market is technically very bullish, but basically one needs to understand all aspects of the market (not only the declining price). In particular, the key of gold’s bullish situation is related to the physical market which is right now being redefined by China.

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New Trend Guarantees Higher Gold Prices

New Trend Guarantees Higher Gold Prices

Based on the research we’ve done, it is my opinion that after a bump in output early in 2014, the shortfall will become increasingly evident by the end of the year and reach fractious levels by 2015.

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Silver Used in BMW 760 And 3-D Printing

Silver Used in BMW 760 And 3-D Printing

The Silver Institute reports in its latest update to subscribers two interesting new industrial applications of silver: BMW accessories and 3-D printing.

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The Gold Is Gone

The Gold Is Gone

You could go into a vault in london a couple of years ago. The vaults were packed to the rafters with gold, and the gold would trade from me to you to somebody else. You can walk into those vaults today and they are virtually empty. All that gold (26 million ounces) has been transferred from London and has gone to Switzerland where it has been recast to higher grade formats and shipped off to Hong Kong and then to China never to return.

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Australia Wants Its Gold Back

Australia Wants Its Gold Back

The latest campaign baseline is “Return Aussie Gold” initiated by an Australian volunteer. The “Return Aussie Gold” campaign site has a petition which should be signed by as much as possible people and returned as a hard copy in order to be valid.

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History Learns That Manipulation In The Gold Market Has An Explosive Ending

History Learns That Manipulation In The Gold Market Has An Explosive Ending

The London Gold Pool was designed to keep the price of gold capped in an era when the world’s reserve currency had a tangible backing. In defending the price, the eight members of the Pool were forced to sell way more gold than they had initially contributed in order to keep the price from going where it desperately wanted to go — higher.

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China’s Gold Rush Continues, Imports Another 131 Tonnes In October

China’s Gold Rush Continues, Imports Another 131 Tonnes In October

The latest statistics show that China imported another 131 tonnes of physical gold in October through Hong Kong. The year to date net gold imports from Hong Kong to China total 967 tonnes. That is an astonishing amount of gold. To put this figure in perspective, one should note that the global production in 2012 was close to 2500 tonnes and that the US (having the highest gold reserves in the world) has a bit more than 8000 tonnes of gold reserves.

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The (Mis)Calculation Of Chinese Gold Demand

The (Mis)Calculation Of Chinese Gold Demand

According to Alasdair Macleod, it appears that the WGC’s figures substantially understate the true position. Furthermore, any analysis of gold demand will fail to account for the increase in gold ownership not constrained by national boundaries.

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With India’s Market Interventions, Thailand’s Gold Demand Is Up 125%

With India’s Market Interventions, Thailand’s Gold Demand Is Up 125%

The article in The Economist explains that the Indian insatiable demand for gold has resulted in a surge in gold smuggling. Customs officials at airports in India, Nepal and Bangladesh seem to report a spike in gold originating from other Asian countries like Abu Dhabi, Bahrain and Dubai. According to the article, “the effects of India’s attempts to curb gold imports are most widely felt in Thailand.”

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Palladium And Platinum Faced With Large Supply Shortage

Palladium And Platinum Faced With Large Supply Shortage

What’s important to recognize as a potential investor is that the deficit for both metals isn’t letting up, especially for platinum. Overall, platinum demand is expected to be greater than ever before, reaching a record 8.42 million ounces this year. And this while supply continues to decline.

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Jim Sinclair Dedicated To Realize “Free Gold”

Jim Sinclair Dedicated To Realize “Free Gold”

Jim Sinclair explains that gold price setting is too dependent on the paper market, to such an extent that it has continued to live as the means of manipulating the paper price of gold. What is “Free Gold.” It is the decoupling of the gold paper market influences on the gold price setting, or in other words freeing physical gold from price slavery to paper gold. The mechanism he describes is through the present time deletion of future exchange warehouse supply. He describes in this piece how he is planning to achieve his target.

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