Published in Commentary  Gold 


Largest Gold Refinery in the World Runs out of Krugerrands

Shortages of certain bullion products is possibly the most important issue facing the gold and silver markets today.

The sole maker of South African Krugerrands, Rand Refinery Ltd., largest gold refinery in the world, today ran out of the iconic bullion coin after an 'unusually large' order from an unnamed buyer in Switzerland.

Rand Refinery has delivered more than 46m blank coins over the years since it opened in 1967.

[caption id="" align="alignleft" width="360" caption="South African Krugerrand"]


Published in Market Updates 


Gold Investments Market Update - Bullion Coins and Bars - Availability, Delivery and Premiums

Gold Gold has flatlined and is marginally higher this morning with the dollar marginally lower and oil marginally higher on continuing concerns about the possible impact of tropical storm Gustav.

Gold has been gradually edging higher for the last two weeks and appears to be ready to rally in the seasonally strong autumn months due to the strong fundamentals.


Published in Market Updates 


Gold Investments Market Update - UBS: "Unprecedented'' Physical Demand in Past Three Weeks in Europe, India and Asia

Gold Dollar weakness, firm oil and continuing tension in the Caucasus are leading to gold remaining well bid this morning. Warnings from NATO to Russia to stay out of Ukraine and calls for the European Union to be ready for "hard headed engagement" with Moscow are not doing much to help confidence in already nervous markets.

Besides increasing geopolitical risk - the risk that mother nature and weather can pose is being felt again.


Published in Market Updates 


Gold Investments Market Update - Hurricane Gustav - Potentially Category 5 Hurricane Like Rita and Katrina

Gold Gold finished trading in New York yesterday at $822.40, up $3.10 and silver was up 22 cents to $13.58. Gold and silver rallied in Asian and in early European trading this morning.


Published in Market Updates 


Gold Investments Market Update - "End of the Current International Financial System''

Gold Gold finished trading in New York on Friday at $819.30, down $7.60 and silver was down 14 cents to $13.36. Gold and silver traded sideways in Asian trading prior to a sell off in early European trading this morning. Gold is trading at $811.30/811.70 per ounce (1030 GMT).

Gold has fallen this morning on a sharply stronger dollar on weak European data (rose from above EUR/USD 1.47 to as high as 1.4595 in a matter of minutes) and lower oil prices. The dollar remains near six month highs against the euro.


Published in Market Updates 


Gold Investments Market Update - U.S. and Russian Warships in Black Sea as Tensions Escalate

Gold Gold finished trading in New York on Friday at $827.00, down $6.30 and silver was down 26 cents to $13.50 after a very strong week. Gold and silver fell in Asian and in early European trading this morning. Gold is trading at $821.30/821.70 per ounce (1030 GMT).

Gold has fallen this morning on flat oil prices, a stronger dollar (EUR/USD 1.4743) and profit taking after last week's more than 5% gain.


Published in Market Updates 


Gold Investments Market Update - Bundesbank Favours Gold while U.S. Government Mint Sells Out of Gold Coins and Suspends Sales

Gold Gold finished trading in New York yesterday at $833.30, up $23 and silver was up 73 cents to $13.76. Gold and silver remained firm in Asian trading and have given up some of the gains in early European trading. Gold is trading at $831.30/831.70 per ounce (1100 GMT).

Gold surged yesterday on concerns regarding Russia - NATO tensions, surging oil and commodity prices and confirmation that the US Mint is suspending sales of American Eagle gold bullion coins (1 ozt) due to an inability to meet surging demand (see News and Commentary).


Published in Market Updates 


Gold Investments Market Update - Geopolitical Risk Rising Sharply

Gold Gold finished trading in New York yesterday at $810.30, down 50 cents and silver was down 10 cents to $13.03. Gold and silver then rallied in Asian trading and early European trading. Gold is trading at $821.30/821.70 per ounce (1045 GMT).

Gold is finding favour again with the dollar having weakened again (as low as 1.4829 to the euro) and oil prices rising (London Brent Spot has surged 3.45% to over $113).


Published in Market Updates 


Gold Investments Market Update - Investment Demand Surging Internationally as Stagflation Deepens

Gold Gold finished trading in New York yesterday at $810.80, up $10.30 and silver was down 8 cents to $13.11. Both gold and silver remained firm in Asian trading but have given up some of the gains in early European trading. Gold is trading at $807.30/807.70 per ounce (1045 GMT).

Gold, rebounding from oversold levels, rose for the second time yesterday and there was an outside day reversal to the upside which is technically bullish (the market made a new low during the trading session, but closed higher than the previous day's high).


Published in Commentary  Gold  History 


British Gold Sovereigns - The Preserve of Collectors, Savers and Smart Investors

Gold as Essential Diversification and Financial Insurance

Gold bullion remains an essential diversification and essential financial insurance to have in all properly diversified portfolios. Besides the ever more important factors of inflation hedging and financial insurance, gold is likely to continue to outperform other asset classes and to provide significant returns to gold buyers. Many of the world’s major investment banks are in agreement that gold is again in a long term multiyear bull market. Many believe gold will surpass its inflation adjusted 1980 high of $2,400/oz i


Published in Market Updates 


Gold Investments Market Update - Gold "Bubble" Burst?

Gold Gold finished trading in New York yesterday at $800.50, up $14.50 and silver was up 33 cents to $13.19. Both gold and silver have again fallen in European trading. Gold is trading at $786.00/786.40 per ounce (1030 GMT).

Gold rebounded from very oversold levels yesterday but market weakness has resumed overnight in Asia and early in London as the dollar has continued to rally (reaching a 6 month high at 1.4631 to the euro).


Published in Economics  Gold  Video 


I.O.U.S.A

Few are aware that America may be on the brink of a financial meltdown. I.O.U.S.A. explores the country's shocking current fiscal condition and ways to avoid a national economic disaster.


Published in Market Updates 


Gold Investments Market Update - Gold's Vicious Recent Sell Off Continues

Gold Both gold and silver gave back the previous day's gains yesterday on the COMEX. Gold finished trading in New York on Friday at $808.30, down $17.20 and silver was down 58 cents to $14.23.


Published in Articles of Interest  Wealth Management 


Financial advisers switching to fee-based remuneration

Research by Skandia has revealed that the majority of IFAs intend to shift away from commission-based remuneration over the next three years.


Published in Market Updates 


Gold Investments Market Update - Gold Fell Sharply in Dollars but not in Euro and Pounds

Gold Gold finished trading in New York on Friday at $825.50, up $15.80 and silver was up 37 cents to $14.81. Gold continued to rise in Asian and early European trading and is trading at $831.80/832.40 per ounce (1200 GMT).

The much anticipated bounce in gold occurred yesterday and continued overnight as the dollar weakened and oil prices firmed again.

Since the start of the credit crisis, one year ago, gold remains up 27% (from $650 to $830).


Published in Articles of Interest 


Bear bet that netted £141m throws fresh suspicion on collapse

It seems that Wall St. are trying to blame the straw for breaking the camel's back.


Published in Market Updates 


Gold Investments Market Update - Speculative Paper Sellers V's Long Term Physical Investors

Gold Gold finished trading in New York on Friday at $821.50, down $36.00 and silver was down 71 cents to $14.48. Gold continued to fall in Asian and early European trading and is trading at $809.00/809.60 per ounce (1100 GMT).

Speculative Paper Sellers V’s Long Term Physical Investors The breach of the psychologically and technically important $845 - 850/oz level yesterday saw a massive wave of stop loss sell orders being executed leading to gold plummeting mor


Published in Market Updates 


Gold Investments Market Update - Dollar to Weaken Again Against Swiss Franc, Some Asian Currencies and Gold

Gold Gold finished trading in New York on Friday at $857.50, down $11.90 and silver was down 92 cents to $15.29. Gold has risen in Asian and early European trading and is trading at $860.10/860.60 per ounce (1230 GMT).

The sharp dollar rally has continued (with the euro falling as low as 1.4927) and this is contributing to material weakness in the gold market.


Published in Market Updates 


Gold Investments Market Update - Dollar Rallies - Another Dead Cat Bounce?

Gold Gold finished trading in New York yesterday at $869.40, down $5.00 and silver was down 25 cents to $16.21.


Published in Economics 


The scale of bank borrowings visualised

Anyone out there have a similar graph for the UK?