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SPDR Gold Trust And iShares Silver Trust Holdings Decline

SPDR Gold Trust And iShares Silver Trust Holdings Decline

August 18, 2011

Gold holdings of the SPDR Gold Trust (GLD) declined slightly on the week by 24.54 tonnes after a gain of 10.22 tonnes in the previous week.   GLD  gold holdings have declined by 8.74 tonnes since the beginning of the year.   The all time high holdings of the GLD

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Ultimate Price Of Gold Will Shock The World As Loss Of Global Confidence Leads To Economic Collapse

Ultimate Price Of Gold Will Shock The World As Loss Of Global Confidence Leads To Economic Collapse

August 13, 2011

Gold had another stellar week while stock markets gyrated wildly.   As measured by the closing London PM Fix Price, gold gained $77.25 on the week, hitting all time highs and closing at $1,736.   After the London

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Gold ETF Holdings Hit All Time High As Silver ETF Holdings Decline

Gold ETF Holdings Hit All Time High As Silver ETF Holdings Decline

August 11, 2011

The SPDR Gold Shares Trust (GLD) added 10.22 tonnes of gold since last week as gold prices continue to surge higher.  The GLD now has a net gain in gold holdings of 15.80 tonnes since the first of the year. 

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Gold Prices Skyrocket, Stocks Plunge – Looking Like 2008 On Steroids

Gold Prices Skyrocket, Stocks Plunge – Looking Like 2008 On Steroids

August 2, 2011

As politicians celebrated the debt limit increase and congratulated themselves for "saving" the nation that they destroyed, collapsing stock markets and soaring gold prices told a different story.  The public spectacle of

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US Mint Silver Eagle Bullion Sales On Pace For Record High

US Mint Silver Eagle Bullion Sales On Pace For Record High

August 2, 2011

Since Congress authorized the production of American Eagle Bullion coins in 1986, it has become one of the easiest ways for investors to accumulate a physical position in precious metals.   American Eagle Bullion

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Gold Rallies On Week – Is The World Economy At The Precipice?

Gold Rallies On Week – Is The World Economy At The Precipice?

July 30, 2011

Gold continued its winning ways this week.  As measured by the closing London PM Fix Price, gold gained $26.50 to close the week at all an time high of $1,628.50. Gold has closed higher for the past four consecutive

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SPDR Gold Trust Hits All Time High, Silver ETF Holdings Increase

SPDR Gold Trust Hits All Time High, Silver ETF Holdings Increase

July 28, 2011

Holdings of the iShares Silver Trust (SLV) gained 112.15 tonnes on the week after increasing by 169.76 tonnes in the previous week.  Although SLV holdings have declined by 1,005.71 tonnes since the beginning of the

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As World’s Most Predicted Financial Crisis Approaches Precious Metals Move Higher

As World’s Most Predicted Financial Crisis Approaches Precious Metals Move Higher

July 23, 2011

Precious metals gained across the board for the third week in a row.  Silver and palladium were the top performers this week with each advancing almost 4%. July has seen an explosive move in the precious metals

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Gold and Silver ETF Holdings Increase As Precious Metals Rally

Gold and Silver ETF Holdings Increase As Precious Metals Rally

July 21, 2011

Holdings of the SPDR  Gold Shares Trust (GLD) gained 20.60 tonnes on the week after increasing by 19.60 tonnes in the previous week. Gold has been in a steady uptrend during July as the debt crises in Europe and

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Gold and Silver Rocket Higher As Bernanke Oils Up The Printing Presses

Gold and Silver Rocket Higher As Bernanke Oils Up The Printing Presses

July 15, 2011

The precious metals group continued higher this week, with standout performances by gold and silver. As politicians continue to engage in reprehensible scare tactics in order to increase the debt limit by another $2.5

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