Gold and silver prices are poised for summer growth

James Turk, a leading analyst in the global precious metals market, author of The Dollar Crash and How to Benefit from It, spoke in an interview with King World News on July 5, 2011 about the current situation in the gold and silver market. , and gave his predictions about the upcoming rise in precious … Read moreGold and silver prices are poised for summer growth

Central banks increase gold reserves

Central banks in many countries increased their gold holdings by more than 2% between 2008 and 2010, according to a report by Qatar-based financial company QNB Capital. Mostly gold was bought by the central banks of developing countries: Brazil, Russia, India and China, as well as the countries of the Middle East. An especially significant … Read moreCentral banks increase gold reserves

German Sterligov in the United States Gold Reserve at Fort Knox

Inflated narcissists were left with two consolations: pieces of paper from various “golden” investments and 400-bar gilded tungsten stacks, says German Sterligov in his blog. If even thousands of tons of pure gold are already far from the American Fort Knox warehouse – for which, after the collapse of the dollar, they will become the … Read moreGerman Sterligov in the United States Gold Reserve at Fort Knox

Demand for gold in China will grow even more

Over the past ten years, the rapid growth of the Chinese economy has fueled a rebound in the global commodity market and now, apparently, it is the turn of consumption and investment. According to the forecast of China Gold Association general secretary Jang Binyang, China will continue to outperform other countries in retail gold sales, … Read moreDemand for gold in China will grow even more