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First Germany, Now Austria Demands An Audit Of Its Offshore Held Gold
First it was Germany, now another AAA-rated European country is starting to get concerned about its hard assets. Overnight Bloomberg reported that following in Bundesbank's footsteps, Austria will audit its gold reserves located in the
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Is China Already The World’s Largest ‘Owner’ As Opposed To ‘Holder’ Of Gold?
For decades many of us in the hard money world have speculated that cloak and dagger activity by large financial interests has played a large role in determining performance in the gold market. The
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You Can’t Eat Gold… But It’s Portable, Easy To Trade and Confiscation-Proof
If you need cooking oil you have to exchange it for gold. If you need soap you have to exchange it for gold. Everything is gold, gold, gold…
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China, gold prices & US default threats
In the very days when a deep split in the US Congress threatened a US government debt default, the gold price should normally jump through the roof, yet the opposite was the case. It
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Gold Sees Surge as Fed Announces ‘Unlimited QE’
After holding steady at above $1,700 this past week, gold’s price per ounce has surged close to $40 in response to the announcement of QE3, which allows the Federal Reserve to buy up “$85
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