Insights and views into the gold market from Michael O'Kane at New Zealand Mint.
Thursday, 20 August 2009
Update 20 August
US Gold demand up 10% for Q2
Indian sales increase and the central banks become buyers
Indian demand looks to increase
5000 Swiss bank accounts given to the US IRS
IMF indicates a Nascent recovery underway
More bad news - Germany bracing for another possible credit crunch
Good news - unlocking the secrets of Gold chemistry
Thursday, 13 August 2009
Quick update for 13 August
German Gold Reserves in New York
An interesting piece about the possibility of Germany's Gold reserves being held in the US. It also mentions the new CBGA which has reduced from 500 tons per annum to 400 tons (including any sales by the IMF).
Tuesday, 11 August 2009
Update 11 August
Inflation could force gold to be new global currency
Comex gold to consolidate, rise
Investing in gold: What's right for you, physical or paper?
Credit Suisse analysts say they continue to like the long-term story for metal demand, suggesting demand will remain at strong levels in the next 10-15 years.
Why Gold investing is crucial
Wednesday, 5 August 2009
Update 5 August
As you can see from the chart above ( gold priced in USD$ and NZD$ ) due to a weakening USD$ - it is becoming cheaper to buy gold here in NZ dollars despite the gradual increase in the USD$ price of Gold.
Another forward looking month for Gold bullion, with more accounts of buying in quarters not regularly associated with physical gold -US hedge fund managers 'turn to gold'
Expectations of continued growth in demand in the next 4- 6 months - U.K. Royal Mint Doubles Gold Output as Demand Swells
Central banks holding onto their gold rather than selling- Central bank gold sales may be lowest since 1994
Gold prices must go up - WGC official
Quest to retrieve shipwreck gold completed
Law changes mean South Africans can now own gold bars
arrrrr -Gold treasure found in pirate shipwreck
Another forward looking month for Gold bullion, with more accounts of buying in quarters not regularly associated with physical gold -US hedge fund managers 'turn to gold'
Expectations of continued growth in demand in the next 4- 6 months - U.K. Royal Mint Doubles Gold Output as Demand Swells
Gold prices must go up - WGC official
Quest to retrieve shipwreck gold completed
Law changes mean South Africans can now own gold bars
arrrrr -Gold treasure found in pirate shipwreck
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