RSSCategory: Category: Physical Market

There Is No Gold Shortage

There Is No Gold Shortage

No, there are no shortages of gold and silver at this moment. Unless we go back to the gold or silver currency standard, with government demand for bullion locking massive new quantities inside central-bank vaults, I don’t see any physical shortage to come.

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Do Western Central Banks Have Any Gold Left? Part III

Do Western Central Banks Have Any Gold Left? Part III

This was all orchestrated to increase supply and tame demand. We believe that central planners are now running out of options to suppress the gold price. After taking a pause, the secular gold bull market is set to continue.

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What Is Driving Gold Now?

What Is Driving Gold Now?

The price of the yellow metal increased by almost 5% on the week following the release of some rather confusing FOMC minutes and a statement by US Fed chairman Bernanke that the central bank will maintain its accommodative policies for the foreseeable future. Signs of some physical supply tightness in gold, as reflected by high premiums and record volume in the Shanghai Futures Exchange, declining inventories on Comex and a surge in gold lease rates all indicate some strong buying of the physical metal.

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Silver Gives New Life to Overprescribed and Ineffective Antibiotics

Silver Gives New Life to Overprescribed and Ineffective Antibiotics

Silver can be thought of as a battering ram that punches a hole in a cell’s wall, which then allows antibiotic drugs to enter and kill the bacteria cell itself. The Harvard research also showed that even small doses of widely-used antibiotics such as gentamycin, ofloxacin, and ampicillin were up to 1,000 times more effective when combined with silver to fight E. coli.

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Chinese Gold Rush Underway

Chinese Gold Rush Underway

The chart depicts the explosion in Chinese gold imports from Hong Kong since January 2012, during which China imported an astonishing 1,206 tonnes of gold – 20% more than the nation’s latest official gold holdings of 1,054 tonnes. In the first quarter of 2013 alone, China imported 372 tonnes from Hong Kong, or nearly what was imported through the entire first half of 2012.

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Lower Gold Prices Continue to Spur Demand for the Physical Metal

Lower Gold Prices Continue to Spur Demand for the Physical Metal

Bullion dealers around the world continue to struggle to find adequate supplies as demand remains strong, especially in the Middle East where concerns about inflation and geopolitical risk with regard to Syria and Iran is leading to very robust demand. While the demand for physical gold continues in the East, individuals in the West are cutting their bets on the precious metal. Investor sentiment seems to be about as bad as it can get.

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Moscow Exchange Will Offer Physical Precious Metals Trading – A Game Changer?

Moscow Exchange Will Offer Physical Precious Metals Trading – A Game Changer?

An interesting comment on this evolution came from Jim Sinclair. He calls it the most important development in the gold market in his 53 years involvement in gold. He sees in it the opportunity to replace the paper gold manipulative fraud market by gold price discovery.

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US Treasury Gold – Is It There?

US Treasury Gold – Is It There?

How much physical gold do you have? How much do you want when you contemplate nearly $17,000,000,000,000 in official US government debt, another $100 – $200 Trillion in unfunded liabilities, and nothing backing that unbelievable amount of debt except the “full faith and credit” of what is clearly a government that won’t balance a budget and must resort to printing dollars to pay its bills?

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US Silver Eagle Sales Best First Half Year Ever

US Silver Eagle Sales Best First Half Year Ever

The point is very simple: US Silver Eagles are in very high demand, whether looking at yearly of half yearly sales figures, or comparing it with the Gold Eagle sales. The most plausible explanation for this trend is that people (retail investors) realize the dangers and severity of this crisis, and seek some form of “safety”. Silver being “poor man’s gold” is more affordable to the retail public.

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Indian Government Desperately Tries To Discourage Gold Demand

Indian Government Desperately Tries To Discourage Gold Demand

In an attempt to save their local currency and control the current account deficit India is imposing measures to control gold demand and trade. The first measure which was announced earlier this week imposes a ban on bank credit for gold imports the Reserve Bank Of India. Today, India announces an increase of the import duty.

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Market Status Update As Seen by Perth Mint

Market Status Update As Seen by Perth Mint

Bron Suchecki admits not being sure how to read current market behaviour. On the one hand, weak investor sentiment could be signaling a bottom. On the other hand, it could also signal a sell off in gold and silver prices if the large seller(s) which caused the mid-April crash will test the strength of the market. Regulators did not show too much interest to investigate this anomaly, so why should the seller(s) not repeat it.

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A Gold Myth Exposed With 7 Simple Figures

A Gold Myth Exposed With 7 Simple Figures

GLD ETF liquidation points to disinterest of some types of investors with a profound impact on price, at least short to mid term. However, physical gold selling by the GLD ETF and COMEX are not necessarily signaling the end of the bull market. Physical gold selling and buying is an equation. The gold market is not one dimensional.

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High Premiums Reflect Strong Global Demand For Physical Gold

High Premiums Reflect Strong Global Demand For Physical Gold

Demand for physical gold remains extremely high all over the world. After the flash crash of mid-April which statistically occurs once in a billion years the flight to physical gold and silver has been unseen. Premiums had risen to extreme levels. In fact, the premiums are still extremely high, reflecting the continuing high demand. Only in India and Hong Kong have premiums come down from their highs earlier this month.

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Grant Williams: Difference Between Gold Price And The Price Of Gold

Grant Williams: Difference Between Gold Price And The Price Of Gold

The gold price is not what matters, but the price of gold will be much more important going forward! After the mid-April crash, premiums have been quoted as much as 25% above the gold price which completely negated the entire downward move of the price of gold in the futures market.

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