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Monday, June 28, 2010

Gold and Treasuries : buying safety

Gold & Treasurys 6/11/2010 9:13:23 AM

After their strong runs, both gold and Treasury debt are expensive, which suggests that the risk to investors is growing and the potential for reward is shrinking. Mark Gongloff discusses.

Saturday, June 26, 2010

List of the Top 20 Silver Producing Countries

Top 20 Silver Producing Countries in 2006
(millions of ounces)
1. Peru 111.6
2. Mexico 96.4
3. China 75.4
4. Australia 55.6
5. Chile 51.5
6. Poland 40.4
7. Russia 39.6
8. United States 36.7
9. Canada 31.2
10. Kazakhstan 26.1
11. Bolivia 15.2
12. Sweden 8.6
13. Indonesia 7.7
14. Morocco 7.6
15. Argentina 6.1
16. Turkey 6.0
17. Iran 3.2
18. South Africa 2.8
19. India 2.7
20. Uzbekistan 2.3

http://www.silverinstitute.org/supply/production.php

FEB 27 TH 2008 NUMBERS - PERU still # 1

Friday, June 25, 2010

Gold Near Record Highs

Keeping a close watch on gold, with Abhay Deshpande, First Eagle Funds Co-Portfolio Manager.




Gold and Silver Bullion Coins Sales Explodes

United States Mint numismatic coin sales rose in a few areas last week, but Monday’s record gold prices and near $19.50 an ounce level for silver naturally draws investors and collectors more toward gold and silver bullion coins. according to coinnews.net

How Much Gold Should Investors Hold?

Arjuna Mahendran, managing director and head of investment strategy Asia at HSBC Private Bank, recommends investors should allocate 5-7% of their portfolios to gold. He speaks to CNBC\'s Martin Soong and Karen Tso



Thursday, June 24, 2010

Rise Of The New Gold Rush

Giordano Bruno
Neithercorp Press
December 22, 2010
They called us “kooks” and “crackpots”. They said our ideas were outdated and incompatible with modern finance. They said it wouldn’t last. Oh yes, Gold, they said, was a silly investment with no inherent value, and soon, precious metals investors would be “wiped out” by the “inevitable implosion of the gold bubble” (gold bubble….?). Mainstream establishment economists and Keynesians have been yipping and snarling like overanxious Chihuahuas for the past two years against gold and silver, most specifically their use as a hedge against collapse in stocks and currencies.
The vitriol they have aimed at PM’s and PM enthusiasts, though, borders on the obsessive. If we are all “crazy survivalists” and Y2K’ers, then why bother with us? Wouldn’t the folly of our financial strategy be blindingly evident to the majority of investors if we really are all madmen waiting for the seas to boil? If there is no chance of monetary implosion, why bother to plead and beg with the average American NOT to buy gold? Why invent wild generalizations and stereotypes of precious metals investors to dissuade the public from examining our model for economic security? Wouldn’t the mere passage of time prove us inaccurate? What is it about gold that frightens them so…..?
As it turns out (and just as we expected), gold and silver have held strong and even made record gains. Gold is one of the top performing investments of the decade, rising over 277% in value from 1999 to 2009:
Read entire article
Via Infowars.com>>>

Wednesday, June 23, 2010

Gold slightly down on Asian markets

Jun 23 - Gold slight decline in Asian markets.

The precious metal yields 0.2% to $ 1,237.95 an ounce.

Tuesday, June 22, 2010

Keiser Report: Gold grows on Armageddon

June 22, 2010 — In Episode №53 Max Keiser and co-host, Stacy Herbert, look at the latest scandals of financial news presenters speaking in tongues, EU commissioners threatening the return of dictatorships and European fund managers piling into Australian property. In the second half of the show, Max talks to the Financial Time's John Authers about his new book, The Fearful Rise of Markets.

People Buying Gold Coins to Avoid Taxes : Roni Deutch

June 22, 2010 — Tax Attorney Roni Deutch argues people are buying gold coins as a way to evade taxes.


Thursday, June 17, 2010

The Afghan gold mine not as good as announced before

June 17, 2010 — The United States has discovered nearly $1 trillion in untapped mineral deposits in Afghanistan, far beyond any previously known reserves and enough to fundamentally alter the Afghan economy and perhaps the Afghan war itself, according to senior American government officials. Ann Marlowe says that despite the finding of minerals, it would take 15-20 years under the best circumstances to actually extract the natural resources.

Wednesday, June 16, 2010

Gold vs Platinum and Palladium

Buy Gold Cautiously, Do not forget Platinum and Palladium Says Analyst 6/14/10




Not Just Gold that Glitters
RBC Capital Markets' George Gero on why gold is not the only metal play for your portfolio.

Tuesday, June 15, 2010

Webster Tarpley on Afghanistan Gold Rush

Mining Bonanza: US will never leave $1-trillion mineral rich Afghan land?



June 15, 2010 — Afghanistan could become one of the most important mining centers in the world, according to an American report. It suggests the war-torn country has at least one trillion dollars in mineral wealth. President Hamid Karzai has described it as the best news Afghanistan has had for many years. But investigative journalist Webster Tarpley believes the story is nothing new and the report is politically motivated.

Monday, June 14, 2010

Massive Mineral Gold deposits found in Afghanistan

Has Afghanistan struck gold?




June 14, 2010 — The United States has discovered nearly $1 trillion in untapped mineral deposits in Afghanistan, far beyond any previously known reserves and enough to fundamentally alter the Afghan economy and perhaps the Afghan war itself, according to senior American government officials. Paul Jay says that United States has known all about these minerals since 2007, why is this story just coming out now?

Sunday, June 13, 2010

Robert Kiyosaki : Gold and Silver is Gods money Cash is Trash



Robert Toru Kiyosaki (born April 8, 1947) is an American investor, businessman, self-help author and motivational speaker. Kiyosaki is best known for his Rich Dad Poor Dad series of motivational books and other material published under the Rich Dad brand. He has written 15 books which have combined sales of over 26 million copies.[1] Although beginning as a self-publisher, he was subsequently published by Warner Books, a division of Hachette Book Group USA, currently his new books appear under the Rich Dad Press imprint. Three of his books, Rich Dad Poor Dad, Rich Dad's CASHFLOW Quadrant, and Rich Dad's Guide to Investing, have been on the top 10 best-seller lists simultaneously on The Wall Street Journal, USA Today and the New York Times. Rich Kid Smart Kid was published in 2001, with the intent to help parents teach their children financial concepts. He has created three "Cashflow" board and software games for adults and children and has a series of "Rich Dad" audio cassettes and disks. He also publishes a monthly newsletter

Saturday, June 12, 2010

Evans Pritchard : Gold Could Hit $3000

The global debt crisis could send gold up to $3000 an ounce says Ambrose Evans Pritchard

Monday, June 7, 2010

McFadzean Says Gold May Rise to $1,400 by Year End

Bruce McFadzean, managing director of Catalpa Resources Ltd., an Australian gold exploration company, talks with Bloomberg\'s Rishaad Salamat about his forecast for the price of gold.


Sunday, June 6, 2010

Gold May Reach $1,500 by Year End

Citigroup's Heap Says Gold May Reach $1,500 by Year End

Alan Heap, a commodity analyst at Citigroup Inc., talks with Bloomberg's Susan Li about his forecast for gold prices. Heap, speaking from Sydney, also discusses how Australia's proposed mining-profit tax might affect iron-ore and coking coal prices. (Source: Bloomberg)


Friday, June 4, 2010

Gold Bull vs. Bear

Tom O\'Brien, editor of The Gold Report, expects a $200 pullback in gold, and Brian Hicks, of US Global Investors, thinks the commodity could soar to $1,500. They go head-to-head on CNBC.










Thursday, June 3, 2010

Gold at an all time high

June 03, 2010Gold prices have hit an all-time high, and in a city like Chennai, where the precious metal is a part and parcel of life for most women, this hike comes as a rude shock.


Tuesday, June 1, 2010

Europe Sees Surge in Demand For Gold Coins

June 01, 2010Varney & Co. on the reasons behind the rise in demand for gold, particularly in Europe.