The premium that gold buyers in China pay to take immediate delivery of bullion has jumped four-fold in the last six weeks following the gold price 'crash'. As Bloomberg notes, even before the mid-April drop, China's gold imports jumped to a record in the first quarter as domestic demand (776 tons) outweighed domestic supply (403 tons). Images of consumers overwhelming jewelry shops were everyw... read more

In an age when computer trading programs seem to take over the show at times, it is natural to call foul in the event of an unexpected and severe market sell-off.

Only some time after the event does a plausible explanation come to light, which most often turns out to be just normal trading activity, its effect amplified by today’s growing trading volumes a... read more

The spin-doctors are hard at work talking up America’s subpar economic recovery. All eyes are on households. Thanks to falling unemployment, rising home values, and record stock prices, an emerging consensus of forecasters, market participants, and policymakers has now concluded that the American consumer is finally back. Don’t believe it. First, consi... read more
Canadian Mint reveals demand for physical gold and silver at all time highs. Article: Read Full Story Here
Et tu, aurum? The big question that many investors want to know is what is going on with the gold price?  The big smash down recently, at some stages reaching 8 sigma down moves on essentially no news (hmmm, fishy, but I’m sure the ‘hear no evil, see no evil, say no evil’ folks at the CFTC are on the case), has many investors tending to their wounds. However, even with the Fed pump... read more
The fundamental purposes of money are to serve as a means of exchange, a reliable and accurate measure of accounting, and a sustainable store of value.
Today, central banks create fiat currency, for the benefit of themselves and the corrupt governments, banking institutions, and corporations to whom they lend. The debt-based fiat currency created by... read more
The precious metals have been weak again in May with gold falling 4.4% despite this weeks’ recovery. Silver is down 7% and platinum by 2.6%. Palladium has recovered from recent weakness and those who accumulated on weakness are set for the best month since November after it surged 6.6% in May. Weakness in gold and silver is leading to robust demand internationally as store of value buyers... read more
Félix Moreno: Please tell us about your new book, Street Smarts. What was your motivation for writing it? Jim Rogers: To my surprise people tell me it’s my best book. I... read more
It looks as if we have FINALLY got some sort of catalyst to propel gold through that big round number overhead resistance level at $1400. Based on what I am seeing this morning, it began with the steep slide in the Japanese stock market, with further help from the very disappointing GDP growth number that came out this AM. To start - the Nikkei fell 5.2% on Thursday, as investors over there... read more

The World Gold Council today publishes a Market Update, which examines the effect of the recent fall in the gold price in April 2013 on the world’s gold markets.

The Market Update also provides new consumer perspectives in India and China on gold price expectations and future purchasing intentions. Gold-backed ETFs, which have accounted for 6.5% of global gold demand over the las... read more