Latest
Displaying 1051 to 1060 of 1180
-
17 Aug 2015
Chinese Gold Demand Still Running Extremely High For Summer Months
Contrary to some of the expressed media-disseminated information, Chinese physical gold demand, as indicated by gold withdrawals from the Shanghai Gold Exchange (SGE), remains at a very high level indeed for this time of year. The latest figure for withdrawals for the week ended August 7th was 56 tonnes, bringing the total for the year to date to a massive 1,520 tonnes. This is a full 135 tonnes higher than the previous record for Chinese gold demand at the same
(Read more) -
17 Aug 2015
SILVER DOCTORS: Wholesale Silver Shortage…. CONFIRMED
In lieu of Metals & Markets this week, we bring readers CONFIRMATION that a WHOLESALE SILVER SHORTAGE is in fact developing…
With SDBullion’s contacts with the nation’s leading precious metals mints, wholesalers, authorized purchasers, and distributors, the latest evidence indicates that the wholesale silver shortage is WORSENING.
(Read more) -
15 Aug 2015
Germany Continues To Lead The West In Physical Gold Demand
Even though most of the world’s gold supply continues to flow to the East, German demand for physical gold investment remains the highest in the West. This is probably due to a percentage of Germans who are not at all happy with the current financial system with the European Union, including the ongoing situation in Greece.
(Read more) -
15 Aug 2015
The Coming Market Crash Will Wipe Out Global Silver Supply
The market doesn’t realize it yet, but the coming collapse of the global stock and bond markets will totally wipe out world silver supplies. Unfortunately, this will occur at the time when main stream investors finally understand the value of owning physical silver.
(Read more) -
10 Aug 2015
BANKERS THREAT: Global Exchanges Continue To Bleed Silver
As the global economic and financial system head over the cliff, silver investment demand is moving in the opposite direction. Not only has the demand for physical silver increased significantly since the middle of June, it surged to a level that has now put severe stress on the retail market.
(Read more) -
07 Aug 2015
If you're selling gold, Russia's buying
Aside from China's surprise announcement of the purchase of more than 600 tonnes since 2009, buying by the world's central banks picked up pace in June.
Data compiled by the World Gold Council shows Russia added 24.1 tonnes to its vaults in June, bringing its six-month haul to 67 tonnes.
(Read more) -
07 Aug 2015
Declining silver price weighs on Hecla's quarter
Hecla Mining said its average realized silver price in the second quarter was $16.32 per ounce, 17% lower than the $19.62 price realized in the second quarter of 2014.
The company, which reported its financial results today, reported a net loss of $26.8 million, or $0.07 per share compared to a net loss of $14.5 million last year.
Hecla's CEO Phillips S. Baker, Jr. says the company can weather declining precious metal prices and more cash flow is on the way.
(Read more) -
07 Aug 2015
Big Production Declines From The World Largest Silver Producers
In a stunning development, the world’s largest silver producing countries reported big declines in recent months. This was surprising because the top two producers, Mexico and Peru, stated positive growth in the first two months of the year. However, silver production from these two countries reversed this trend by declining in April and May.
(Read more) -
05 Aug 2015
Gold on sale, says the rational investor
The leveraged gold futures derivatives market is knocking down the precious metal, yet in massive contrast, this drop has ignited a shopping frenzy according to gold coin dealers. I spoke with several friends and industry experts last week who confirmed the record sales numbers for the month. In fact, American Gold Eagle sales reached 161,500 ounces in July, the highest monthly figure since April 2013. What gives?
(Read more) -
05 Aug 2015
SHANGHAI SILVER STOCKS PLUMMET: More Signs Of A Global Run On Silver?
There seems to be more evidence indicating the beginning stages of a global run on silver. How so? Well, ever since the middle of June, something significantly changed in the silver market. Physical silver investment demand skyrocketed. Why June? This was at the time Greece was voting on whether or not to remain in the European Union.
(Read more)