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04Sep 2014

The value of precious metal holdings by Chinese banks has jumped 66 percent from a year ago as lenders lease more metals in an environment of tougher borrowing rules where funds are more difficult to lend. Reserves of gold and other precious metals by China’s four biggest lenders were estimated at 378 billion yuan ($62 billion) at the end of the second quarter. Read on to get all the details.

26Aug 2014

Each week, we bring you news and top stories about gold, precious metals and the economy. This week, a mining exec says he expects gold to hit $5,000. Also, Moscow has been hoarding gold this year as fast as it can get its hands on it, and now Russia on its way to become 2nd largest gold producer. Oklahoma, Utah, Texas, and Louisiana might be joined by other states in accepting gold and silver as hard money.

24Aug 2014
janet yellen federal reserve bone

As the Federal Reserve winds down its symposium at Jackson Hole, what can we learn? For one, it’s clear that Janet Yellen is trying her best to inspire confidence by throwing us the proverbial bone by *saying* all the right things… but so far she hasn’t proven she will *act* on her words. Do you believe in what Yellen is selling us? It’s your choice; but what you believe must inform how you make your own decisions for your future. We lay out your choices here — the options can’t be more black and white.

18Aug 2014
gold oil ratio price

Each and every week we bring you pertinent news related to gold and the overall economy. This week, the World Gold Council forecasts a positive return to past, high levels of global gold demand, the ratio between the price of oil and the price of gold is at a local peak, and finally, why the Ukraine crisis is emphasizing the role of gold as a safe haven investment. All in this week’s Your News To Know.

16Aug 2014
janet yellen federal reserve hot air hype

Fed Chair Janet Yellen sounded positively upbeat and hopeful as she testified and answered questions last Friday before the Senate Banking Committee. She was encouraged about manufacturing numbers, about unemployment figures and the strengthening of the U.S. economy. She seemed confident that October was still the right time to end Quantitative Easing. She also indicated that interest rates would eventually rise. Here’s the question: Should we buy it?

08Aug 2014
central banks gold reserves

Every week we bring you relevant news pertaining to gold and the economy. This week countries’ central banks are continuing to enhance their gold reserves amidst an uncertain world, tension in Ukraine is shooting up the price of gold, and a revitalized demand for gold is stimulating the market of gold exploration. All in this week’s Your News To Know.