Friday, June 25, 2010

Silver to out perform Gold?


Silver will outperform gold as the yellow metal becomes ever more expensive and investors focus on silver’s industrial demand.....read on

World Gold Council govt. holdings - June 2010

The strong $

Keiser Report: Gold & the Poverty Industry

An excellent introduction to the Keiser Report, a twice weekly economic discussion and interview satellite TV show on RT. RT is Russia's version (in English) of BBC World....view here

Chinese demand for gold to double within 10 years - WGC


Chinese demand for gold to double within 10 years - Latest World Gold Council analysis suggests medium term outlook for Chinese gold mining supply will be challenging Chinese gold demand growth expected to outstrip domestic supply......read on

Strong gold demand seen in 2010

JEDDAH - The World Gold Council (WGC) expects that demand for gold will be strong during 2010.....read on

Rise Of The New Gold Rush

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 They said our ideas were outdated and incompatible with modern finance.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....?)......read on

Mum's the Word


Veteran Silver market commentator and activist Ted Butler's latest essay on possible Silver market manipulation (note: Ted's comments are his own and are in no way endorsed by Australian Bullion Company, they are provided for purely information purposes).......read on

Thursday, June 24, 2010

Brown's Bottom

Lets take a retrospective look at the early days of the current bull market in gold. The start of the current run up in gold is usually associated with an event that has become known as "Brown's Bottom".

In 1999 Gordon Brown the then Chancellor of the Exchequer (the equiv. of the Treasurer in Australian terms) sold half of Briton's gold reserves, over 400 tonnes, for a multi-decade low of approx US$250/oz. That insane and possibly politically corrupted decision has cost UK citizens billions of pounds in lost value since 1999, and the losses are increasing, seemingly on a daily basis as much of the cash raised by the gold sales was used to purchase Euros as an alternate reserve holding to gold.

The following video is from the visionary documentary maker and former stock broker, Max Keiser.

Is Saudi Arabia also stocking up on silver as well as gold?

News that Saudi Arabia has secretly doubled its official gold reserves over the past few years should come as no surprise to readers.....read on