Friday, January 3, 2014
Perth Mint Gold sales up 41% Silver up 33%
In what sort of world does a commodity's demand increase by 41%, but its price decline by 28%? Silly me, that's right a manipulated world.
From bloomberg.com
Article link
Gold sales from Australia’s Perth Mint, which refines most of the bullion from the second-biggest producer, climbed 41 percent last year as bullion capped the worst annual loss in more than three decades.
Sales of gold coins and minted bars totaled 754,635 ounces in 2013 from 533,333 ounces a year earlier, according to data from the mint. Silver coin sales surged 33 percent to about 8.6 million ounces from 6.5 million ounces in 2012, it said.
Read more
From bloomberg.com
Article link
Gold sales from Australia’s Perth Mint, which refines most of the bullion from the second-biggest producer, climbed 41 percent last year as bullion capped the worst annual loss in more than three decades.
Sales of gold coins and minted bars totaled 754,635 ounces in 2013 from 533,333 ounces a year earlier, according to data from the mint. Silver coin sales surged 33 percent to about 8.6 million ounces from 6.5 million ounces in 2012, it said.
Read more
Early Morning Gold Humour
Mate when gold peaked in 1980 it was because a few US traders wet themselves when the USSR invaded Afghanistan. Gold is now being brought by people in the most populous countries in the world, not just the relative few in the US and Europe as was the case in the late 70s.
Keiser Report: Westminster Circus
From RT
Published on Jan 2, 2014
In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the scary banking clowns, the alleged decline in bank robberies and the Times' 'Briton of the Year,' George Osborne causing a nation of a million mortgage holders in 'perilous debt.' In the second half, Max interviews Danny Blanchflower, a former external member of the Bank of England's interest rate-setting Monetary Policy Committee, about the disastrous UK economy, George Osborne's policies and the BoE decision to buy UK Gilts rather than other assets during this crisis.
Published on Jan 2, 2014
In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the scary banking clowns, the alleged decline in bank robberies and the Times' 'Briton of the Year,' George Osborne causing a nation of a million mortgage holders in 'perilous debt.' In the second half, Max interviews Danny Blanchflower, a former external member of the Bank of England's interest rate-setting Monetary Policy Committee, about the disastrous UK economy, George Osborne's policies and the BoE decision to buy UK Gilts rather than other assets during this crisis.
Gold Ain't Dead Yet
Whilst there maybe 300 Million people in the US hanging on every word of The Fed, the rest of us 6.7 Billion people really couldn't give a @$@%#^$ about The Fed and buy gold because the Earth has very little of it and isn't making anymore of it.
Subscribe to:
Posts (Atom)