"What's more fun than a Barrel of Monkeys? Nothing!" What could be better than assembling a long chain of tangled monkeys, each reliant on those either side of it for purchase, with just the one person holding onto a single monkey's arm at the top end of the chain, responsible for all those monkeys dangling from his fingers. Of course, with great power comes great responsibil... read more
The last couple of weeks have witnessed changing attitudes of large institutions concerning the gold price. A growing number of institutional analysts are become bullish – some them ultra bullish – on gold’s near-term outlook. What makes this unusual is the fact that only a few weeks ago they were... read more
HILTON TARRANT: US job growth came in lower than expected in August, and the unemployment rate dropping to a four-and-a-half year low as workers gave up the search for work in the US could delay the Federal Reserve’s scaling back its massive monetary stimulus later this month.
All eyes are on the Federal Open Market Committee meeting in just over 10 days’ time. Until today’s da... read more
Yesterday, The Bank of England and European Central Bank kept their policies unchanged. Last night, the Bank of Japan did the same in line with expectations. The G-20 meeting in St. Petersburg of political and finance ministers began yesterday and has already created clashes amongst superpowers regarding the U.S... read more
Guru shares his views on the markets, including gold.
Swiss-born and -educated Marc Faber’s distinct voice is a common sound on CNBC and Bloomberg TV when it comes to big-picture forecasting in investments. Publisher of the “Gloom, Boom & Doom Report,” Faber’s views on the markets are highly regarded. HAI Managing Editor Sumit Roy caught up with Faber at h... read more
One of the most often asked questions by those interested in investing in silver pertains to not only how low, but how high silver’s price can go.
The range is anywhere from a paper price of zero, given the role of the bullion banks in the decades long silver market price suppression conspiracy, to infinity in the event of a U.S. Dollar hyperinflationary scenario.
Fa... read more
Gold shipments to China from Hong Kong increased in July as importers took advantage of local prices that were an average 2.1 percent higher than global markets and as mainland investors bought jewelry and coins.
Net imports, after deducting flows from China into Hong Kong, were 113 metric tons, from 101 tons a month earlier, according to ca... read more
(Reuters) - Gold buyers lined up to restart imports on Wednesday as the customs department clarified new rules, putting the world's biggest bullion buyer back in the market after a six-week gap and threatening government efforts to underpin the rupee.
About a quarter of a tonne of gold waiting at Mumbai airport should head to India's biggest gold market, Zaveri Bazaar, where sales are nearly... read more
Sales of American Eagle silver coins by the U.S. Mint this year surpassed the total for all of 2012 as investors snap up precious metals at a record pace and spark a rebound in prices.
About 33.75 million ounces of the silver coins were sold so far in 2013, compared with 33.74 million in 12 months last year, accordi... read more
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"It's not worth shopping in China," said one disgruntled middle-class Chinese consumer, adding, "If you can wait, do it elsewhere." The reason is simple - massive price inflation. As the WSJ reports, c... read more
