Central bank gold demand may slip in 2014 from recent years, says expert analyst George Milling Stanley, but the "turnaround" from the previous 20 years of selling remains remarkable.
So, it will be 100 years on Dec. 23 since the Federal Reserve was born. The purpose in 1913 was to form a regulatory body to help stem the tide of bank failures in the United States of America. How has it done?
The most important part of an economy is simply employment. To ignore or sideline the importance of unemployment statistics is foolish. Including when you are considering what's happening to investments, including gold.
Last Sunday, Sept. 15, marked the five-year anniversary of the collapse of Lehman Brothers. At that time the gold price was trading near the $900 per ounce level. I believed that to be on the high side, actually expecting gold to trade down to around $700.
What's going on in India is nothing new. We've seen it over and over again throughout struggling economies. Gold has always been and will always be the safe haven of choice when people lack confidence in their government.
What's going on in India is nothing new. We've seen it over and over again throughout struggling economies. Gold has always been and will always be the safe haven of choice when people lack confidence in their government.
Selling some future production at current prices raises money today. That should be to the benefit of the shareholders. Yet the main concern in hedging isn't how to manage this trade. It is the shareholders' view of hedging that counts.
Over the last few years, during the great investment demand for gold and silver, we have seen sporadic shortages in bullion coins. One of the fads is to decry supply issues in silver and now recently gold. However, the truth of the matter is less dramatic, if not quite so simple.
