RSSCategory: Category: Physical Market

GLD Showing First Bullish Signs In 2014

GLD Showing First Bullish Signs In 2014

The combination of an increase in gold holdings with an above average number of traded GLD shares, on rising gold prices, is a sign of strength, one we haven’t see for a long time in the gold market. Investors should not ignore this.

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US Mint Sells Much More Silver Than Gold Coins In H1 2014

US Mint Sells Much More Silver Than Gold Coins In H1 2014

The interesting observation is that most months of the first half of this year, silver coins were more popular than gold. January 2014 was the only significant exception. One should note that this chart shows the dollar value of gold vs silver coins. As silver is about 60 times less expensive than gold, it means that the number of coins sold were many times higher than the number of gold coins sold.

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Swiss Gold Refineries Start Facing Supply Issues

Swiss Gold Refineries Start Facing Supply Issues

Swiss refineries, being the global hub in gold’s global trade, are still working overtime. From a demand point of view, it seems that purchases out of China eased somewhat lately because of the credit bubble in China. On the other hand, Swiss refineries seem having increasingly difficulties acquiring the metal. The physical supply issues are mainly centered around a worsening availability of recycled gold.

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Why The COMEX Is Corrupt

Why The COMEX Is Corrupt

The root cause behind the unlawful conversion of the COMEX into a speculative day trading scheme from a market designed by Congress to facilitate legitimate hedging is an old issue, but with a slightly new twist – the absence of position limits. And this explains why the CME fights legitimate speculative position limits at every turn.

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Q&A: How Are Authorized Participants Shorting SLV Shares?

Q&A: How Are Authorized Participants Shorting SLV Shares?

In Ed Steer’s daily gold and silver newsletter, one of the readers asked the following obvious but important question: “Please explain in detail how “authorized participants are shorting SLV shares in lieu of depositing the metal.” I do not understand how selling something you do not have makes up for silver that is supposed to be deposited.”

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First Detailed Swiss Trade Gold Stats: Asia Is Main Export Market

First Detailed Swiss Trade Gold Stats: Asia Is Main Export Market

The data on Swiss trade in precious metals for January 2014 have been broken down by country for the first time in 30 years, report swissinfo.ch and vaterland.li. It shows that Switzerland imports most of its gold, silver and precious coins from the UK, while its main export markets are in Asia. Total exports were over 5.3 billion euros in January, while imports were worth almost 6 billion euros.

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Silver Miners On Death Row

Silver Miners On Death Row

It is preposterous that gold and silver could be remonetized without the companies who produce these money metals achieving substantial prosperity.

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Switzerland Exported 2,777 Tonnes Of Gold In 2013

Switzerland Exported 2,777 Tonnes Of Gold In 2013

The online magazine GoldReporter.de reports that gold exports out of Switzerland rose 77 percent last year, according to fresh data from swiss authorities. Also silver exports have increased.

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A Gold Shortage Is Coming Says Eric Sprott

A Gold Shortage Is Coming Says Eric Sprott

Eric Sprott has been speculating since late 2012 that Western central banks could be running out of gold. He attributes the sell-off in gold and silver in 2013 to the fact that the Western banks needed a way to generate physical gold supplies. The metals prices were going down while there was a lot of liquidation of gold which increased the supply by an estimated 900 tonnes last year. Sprott explains in this article the case for a gold shortage.

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Physical Silver Demand At All Time Highs in 2013

Physical Silver Demand At All Time Highs in 2013

The Silver Institute, in cooperation with Thomson Reuters GFMS, announced the results of the World Silver Survey. This annual report on the global silver market since 1990, to bring reliable supply and demand statistics to market participants and the general public. In particular, total physical silver demand rose by 13% in 2013 to an all-time high. This was primarily driven by the 76 percent increase in retail investment in bars and coins coupled with a sturdy recovery in jewelry and silverware fabrication.

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Silver Improves Water Purifiers And Smart Tags

Silver Improves Water Purifiers And Smart Tags

In its monthly industry release, The Silver Institute reported once again several new applications of silver in products across several industries, in particular health, food and beverage. The Silver Institute has written extensively in the past how silver has helped breakthrough improvements in product development and industries.

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Infographic: Why Gold Will Continue To Flow To The East

Infographic: Why Gold Will Continue To Flow To The East

The following infographic explains the eclipsing gold demand of the East. The first part of the infographic shows how China and India combined account for more than half of the global gold demand when it comes to consumer demand. Statistics prove that this is a trend of the past decade. More interesting, though, is the second half of the infographic, where we can get a glimpse of future gold demand.

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Ted Butler: A Real Surprise In The Silver Manipulation Case

Ted Butler: A Real Surprise In The Silver Manipulation Case

After more than 25 years, I know better than to place all hope for ending the silver manipulation on any one government agency. Besides, I know the coming silver shortage will accomplish that in time anyway. Still, the apparent interest on the part of the GAO should not be minimized in its potential importance. It’s not every day such a pleasant surprise comes along.

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Which Drivers Made Of China The World’s Largest Gold Market?

Which Drivers Made Of China The World’s Largest Gold Market?

In this article, Frank Holmes from USFunds.com explains the drivers behind the Chinese gold market, and how China established to become the world’s largest gold market. In sum, he says that consumer demand has exploded because the purchasing power of the middle class has increased, that industrial demand has gone up as well, while the central bank has exchanged much of its dollar into gold.

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