The events in India have taken a most interesting turn for gold. The one year-old political party that is anti-corruption is shaking the political foundations there. The ruling National Congress Party is having to change its stance in a...
In 2013 the Indian Government raised import duties to 15% on gold. It then prevented the import of gold unless 20% of that gold was exported. Now this is blocked too. What impact has this had on the gold price? Here we look at the...
When the euro arrived on the scene, it took over around 32% of global foreign exchange reserves from the USD, with the tacit approval of the U.S. This dropped the USD’s percentage of global reserves from 95% to around 63%. Since then [2000...
In this part and the next, we will look at the prospects for the gold price for the rest of this year and beyond. These next parts are critical. What we will try to do is to synthesize the factors playing on the gold market from the...
In this part and the next we will look at the prospects for the gold price for the rest of this year and beyond. These next parts are the critical parts. What we will try to do is to synthesize the factors playing on the gold market today...
Indian Imports & Temple Gold - We feel it important to raise this topic once more in this series because Societe Generale, the French bank has stated that if the Indian government does not handle this matter well there could be a run...
It may be in the reader’s mind that somehow all gold markets come together at some point and an exact representation of demand and supply is given by the gold price. The reality is that most markets are entirely separate from each other...
One of the biggest problems facing a miner, a refiner, a jewelry maker and anyone forced to hold gold for a period of time, when his business is not speculating on the gold price, is avoiding the price risk inherent in owning gold for such...
This is a series on how and why the gold markets fail to reflect the true balance of demand and supply in gold and silver prices. Many investors expect and believe that the gold price is an accurate reflection of demand and supply, but it...
Difference between India & China. While both nations have been touted as the fasted growing nations in Asia, there are stark differences between the two nations that are coming to the fore now. The first is that in China, the...