There has been an unusual trend this year in the gold market. many governments and central banks around the world have been buying gold bullion over the last year as opposed to selling it; which is what has been the trend over the last 20 years. Official net purchases of gold exploded in the third [...]

There has been an interesting trend of late. Everyone is well aware of the rise in the price of precious metals, particularly gold, but the unstable economic environment many investor are now asking themselves a fundamental question. “Where is the safest place for me to to store my gold?” For many, it’s not a bank, [...]

We have seen some major profit taking last week and earlier this week and believe that this cash might return to the market specifically to the resources sector.  On Wednesday the metal added $25.60, or 1.6%, to $1,641.60 an ounce on Comex.  In our opinion, the metal became more appealing after the 2.5 % price [...]

December Gold futures rose to close at $1,784.30 an ounce on Comex and broke another intraday record topping over $1,801 an ounce on Wednesday, August 10, 2011. Persistent macro-economic worries of global downgrades and worldwide currencies deflation continue to help gold prices.  This week, in our opinion, gold was predominantly used by investors as a [...]

Strategies to add gold exposure to your portfolio… a market “damage control” tool. Bleak market and economic reports start resembling disaster damage reports to many. The fear of a double-dip recession grows and the investors are “flying to quality “sending December gold futures up $21.80, or 1.3%, to $1,666.30 an ounce on Comex. Gold traded [...]