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By Gordon G. Chang |
April 26, 2012
With the Chinese economy faltering at the moment – it’s much worse than official numbers portray – Beijing has more important things to do than dress up the renminbi with gold purchases.
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By Jeffrey Nichols |
April 26, 2012
Central banks are now creating an upside bias to the market and are reducing the “free-float” available to meet future demand, even at much higher prices. As a consequence, we can expect less downside volatility – and a more sustainable bull market.
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By Mark O'Byrne |
April 24, 2012
Gold has been trading mostly sideways in Asia and within a narrow eight point spread. In European trading it remains near the close seen in New York yesterday.
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By Will Bancroft |
April 19, 2012
Gold investors should watch China’s continuing reach for foreign gold mining assets with great interest. If her currency and gold plans are really long term, this trend would appear one only set to strengthen.
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By Mark O'Byrne |
April 11, 2012
Gold climbed $17.70 or 1.2% in New York yesterday and closed at $1,659.00/oz. Gold gradually ticked lower in Asian trading prior to tentative gains in Europe and is now trading around $1,655/oz. Gold's 1.2% gain yesterday was the largest since March 26.
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By Ron Hera |
April 10, 2012
Americans tend to focus on American numbers but Europe is in far more serious trouble, the founder and former head of Princeton Economics Ltd. says. But he adds that US politicians are wrong in their approach to tax codes.
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By Jeffrey Nichols |
April 5, 2012
Continuing Chinese gold accumulation has important long-term significance that is not generally acknowledged by many gold analysts and market pundits. China’s private- and official-sector gold purchases are unlikely to be sold back to the world market any time soon.
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By The Mad Hedge Fund Trader |
March 16, 2012
One thing is certain. A free floating yuan would be at least 50% higher than it is today, and possibly 100%. I can say this in confidence having watched the Japanese yen appreciate from ¥360 to the dollar to ¥75 while running a trade surplus of similar magnitude.
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By Mark O'Byrne |
March 12, 2012
Gold fell today as the US dollar rallied to its highest price in more than seven weeks. Investors may be waiting for the US Federal Reserve meeting tomorrow before making further commitments in the market.
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By Jeffrey Nichols |
February 13, 2012
China’s total gold supply from domestic mine production and other sources is, without a doubt, much higher than reported or discussed by analysts and observers of the Chinese gold scene.