Gold Rush Two

By Neil Charnock, GoldSeek We called it right again at GoldOz at the beginning of February when we called the XGD “Oversold” and it has since reversed and rallied.  Gold made its low a few days later too.  At the time many analysts were calling for a general market collapse and they have been wrong so far.   We [...]

China’s New Year’s 2010 Gold Rush

Adrian Ash submits: Owning gold is more often the aim of accumulation, not the means, in China today… The collapse of Indian gold demand since the global financial crisis broke in 2007 might seem good reason to question the fundamental strength of gold buying worldwide today. After all, if the world’s No.1 gold buyers can’t [...]

Beijing residents in gold rush at year end

By Zhao Yanrong, China Daily, Beijing Gold jewelry sales jumped more than 30 percent over the weekend in Beijing, as bargain shoppers swarmed the city’s major jewelry stores on year-end promotions. In a collective sales campaign after international gold prices fell, stores including Caibai, Gongmei, and China Gold reduced the pure gold’s price by as much [...]

Coin Monday at Heritage Auctions: One Coin for One Stamp

Heritage Auction Galleries Oct. 19, 2009 Written by John Dale I don’t buy too many stamps anymore. Most of my bill-paying happens online, and e-mail has largely replaced physical letters (emphasis on largely — greeting cards and thank-you notes are the main exceptions). That said, I do need to buy at least one stamp a [...]

Weekly Market Recap 10/09/09

This week, Gold broke through its all time high and set a new benchmark at $1,061.10 per ounce. Concerns about the weakened U.S. Dollar and a second economic downturn, along with increased risk of higher inflation, were the leading causes for the commodities boost this week. Other factors had an impact as well, such as [...]

Coin Monday: Songs and Gold

Heritage Auction Galleries Sept. 14, 2009 Written by John Dale It’s as good a day to have a song stuck in my head, and this time, it’s “The Virginia Company” from the turn-off-your-mental-fact-checker-and-enjoy-the-ride Disney film Pocahontas. The Jamestown expedition never found any gold, either in the film or reality, but while eastern Virginia was not [...]

Gold Rush fever ‘to return to Australia’

More "significant" gold intercepts have been encountered by East Asia Minerals at its Miwah Gold Project, the company announced. The samples were taken during rock sawn channel sampling at the project, which is located in Aceh Province, North Sumatra in Indonesia.The news feeds on this site are independently provided by Adfero Limited © and do [...]

Seattle celebrates Gold Rush history

Seattle’s Gold Rush era will be commemorated in a series of events throughout the city. As part of the Alaska-Yukon-Pacific Exposition centennial celebrations, one venue in particular will be re-living the golden days, the Seattle Events Examiner informs.The news feeds on this site are independently provided by Adfero Limited © and do not represent the [...]

Coin Monday: Gold Rush

Heritage Auction Galleries June 22, 2009Posted by John Dale Often a numismatic item requires a good deal of explanation to pin down why it is costly, rare, or just plain awesome. This was expressed well by David Redden of Sotheby’s, who shared an anecdote with Andrew Slayman for the article “Change is Good,” published in [...]

5 Reasons to Join the Gold Rush

Vitaliy Katsenelson had a bearish article on Friday about gold, which I own as an inflation hedge. Vitaliy and I used to write at Street Insight, and it is great to see him again. With all due respect to Vitaliy, I only agree with two of his five reasons to avoid the gold rush (#3 [...]

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