Gold & Silver Bullion

Gold Coin Production Increases Dramatically
By Richard Giedroyc, World Coin News
It’s probably no secret to coin collectors that the interest in gold coins is increasing. Ask anyone who buys or sells US gold coins, either bullion American Eagles or the circulation coinage that ended in 1933. Dealers can’t stock them fast enough to keep up with demand as investors flock to gold during these poor economic times.
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Gold to go through $2,000. Gold bullion best asset
Commodities Online
On the global stage of currency devaluation and debasement, the reasons for owning gold seem obvious. But have you ever stopped to consider the derivative market? According to Charles Oliver and Jamie Horvat, both senior portfolio managers at Sprott Asset Management, “The impact of the derivatives has yet to express itself.” In this exclusive interview with The Gold Report, Charles and Jamie explain how gold will react in the New Financial (dis)Order. Both foresee $2,000 gold in the next three years
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Analyst predicts ‘fresh’ Gold Buying
Bullion Vault
Richcomm Global Services analyst Pradeep Unni claimed yesterday (June 28th) that the interest rate freeze in the US could see more investors Buy Gold. The Federal Reserve announced last week that it was maintaining the base rate, despite a number of market commentators forecasting a drop of 0.5 percent or one percent.
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Gold Rises for Fifth Day as Dollar Pares Gains, Boosting Demand
Bloomberg
Gold rose for a fifth day in London and New York, as the dollar pared gains, boosting demand for the metal as an alternative investment. The U.S. Dollar Index, a six-currency measure of the greenback’s value, was down 0.1 percent after earlier gaining as much as 0.5 percent. The index has added 0.6 percent this month as gold futures, which typically move inversely to the U.S. currency, have fallen 3.8 percent.
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Gold tracks dollar, platinum ETF holdings drop
FXStreet
Dollar watching lifted silver to a one-week high Friday and gold to a two-week high with the PGMs in a similar mood despite ETF Securities platinum holding declining 4.75% / 16.1Kozs. Commodities as a whole were mixed though with the GSC and CRB Index settling down 1.8% & 0.8% respectively while NYMEX crude closed down $1.07 at $69.16 and has lost further ground overnight. The Dollar Index posted a small 0.3% decline Friday but finished the day below 80 after EUR/USD traded to a high of 1.4117.
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This Summer May Prove Hot for Gold Prices Despite the Seasonal Tendencies
GoldSeek
I am often asked at this time whether it is a good idea to be in the precious metals market during the summer period known as the Summer Doldrums, in which demand for gold dries up temporarily while farmers in India plant crops and wait for the Monsoon rains. When they harvest in the early September, demand for gold picks up again as they are anxious to convert their profits into gold
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Silver Market Update
SilverSeek - By: David Morgan, Silver Investor, Silver-Investor.com

Most of you know something that has hardly had any mention in the mainstream press at all, and this is the valiant effort of Hugo Salinas Price to work for the reinstitution of silver into the monetary system of Mexico. Mr. Price is trying to bring silver back into circulation, in parallel with paper and digital money, in Mexico; see www.plata.com.mx. He has several articles written in Spanish, many translated into English. His latest effort was defeated, but Hugo assured me that the silver cause has more friends than ever and some of these will be Diputados, or Representatives as they are known in the U.S. So the battle will go on.
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The End of the Recession?
SafeHaven
Last week we began a series on data abuse, about how various commentators twist and torture data to make it say what they want, or fail to look at the details underneath the headlines. Predictably, there is a lot of fodder this week as we forge ahead into this ripe territory. The headlines screamed that US income data went up unexpectedly. Green shoots were everywhere. But if you look at the actual data, you find something much different. And, I keep hearing the insistent refrain that the market is telling us that the recovery is around the corner.
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