Showing posts with label surge. Show all posts
Showing posts with label surge. Show all posts
Saturday, July 17, 2021
Friday, November 13, 2015
'Gold' Spikes Off 2015 Lows As Gold Coin Sales Surge To Highest Since Financial Crisis
Soaring demand for physical gold against a backdrop of declining (paper) prices for gold--nothing to see here, folks...
http://www.zerohedge.com/news/2015-11-12/gold-spikes-2015-lows-gold-coin-sales-surge-highest-financial-crisis
http://www.zerohedge.com/news/2015-11-12/gold-spikes-2015-lows-gold-coin-sales-surge-highest-financial-crisis
Labels:
financial crisis,
gold,
gold coin sales,
highest,
Lows,
Since,
spikes,
surge
Tuesday, May 12, 2015
Friday, February 6, 2015
Stocks, Bond Yields, & The Dollar Surge On "Good News Is Good News" Jobs Report
The "gold will tank on jobs report Friday" trade worked again like a charm. This is a gift from the precious metals price manipulators. Buy the dip.
http://www.zerohedge.com/news/2015-02-06/stocks-bond-yields-dollar-surge-good-news-good-news-jobs-report
http://www.zerohedge.com/news/2015-02-06/stocks-bond-yields-dollar-surge-good-news-good-news-jobs-report
Labels:
bond yields,
dollar,
Good News Is Good News,
Jobs Report,
stocks,
surge
Tuesday, December 23, 2014
Thursday, October 9, 2014
Monday, July 21, 2014
Sunday, January 5, 2014
Monday, December 23, 2013
Saturday, December 14, 2013
Saturday, September 7, 2013
Thursday, August 22, 2013
Gold flows from Britain to Switzerland surge in H1-Macquarie
http://www.reuters.com/article/2013/08/19/gold-uk-exports-macquarie-idUSL6N0GK2M920130819
Britain's gold exports to Switzerland surged in the first half of this year, Australian bank Macquarie said on Monday, suggesting bullion being sold out of exchange-traded funds may be heading for Swiss refineries before being sold on in Asia.
Labels:
flows,
from Britain,
gold,
Macquarie,
surge,
to Switzerland
Wednesday, June 5, 2013
Monday, June 3, 2013
Saturday, April 27, 2013
Sharp price fall triggers surge in China gold imports
http://www.scmp.com/business/commodities/article/1224194/sharp-price-fall-triggers-surge-china-gold-imports
The mainland's imports of gold from Hong Kong probably surged this month as mainlanders increased their purchases after prices fell to the lowest in more than 2-1/2 years.
Volumes for the benchmark spot contract on the Shanghai Gold Exchange exceeded 20 tonnes every day since April 16, when prices tumbled to the lowest since August 2010. That is more than four times the daily average last year, according to exchange data.
The volume reached a record 43.27 tonnes on Monday.
Gold plunged 14 per cent in two sessions to April 15 in London, the most since 1983, stoking a frenzy among coin and jewellery buyers from China to India and the United States.
Shipments to the mainland reached a record 114.405 tonnes in December, according to data from Hong Kong's Census and Statistics Department, which may release this month's data in June.
"Given that the trading volume has been so huge on the Shanghai Gold Exchange, the import volume in April should definitely reach a very high level," said Qu Mingyu, a trader at Bank of China.
"Whether they will reach a record remains to be seen.
"The high volume on the benchmark spot contract is a reflection of very strong physical demand in China, especially from jewellery makers."
Bullion of 99.99 per cent purity gained as much as 3.5 per cent to a two-week high of 303.50 yuan a gram (US$1,530.70 an ounce) on the Shanghai exchange.
China, which does not publish gold trade data, is the world's largest bullion consumer after India.
Spot gold traded 0.4 per cent lower at US$1,461.55 an ounce in London yesterday morning, trimming this week's gain to 4.1 per cent, the most since January last year. Prices rose earlier as much as 1.2 per cent to US$1,485.50. While prices have advanced 11 per cent from a two-year low of US$1,321.95 on April 16, they are still 6.4 per cent below the April 11 close of US$1,561.45 that preceded the rout.
Labels:
China gold imports,
sharp price fall,
surge,
triggers
Wednesday, April 24, 2013
Monday, February 4, 2013
Tuesday, January 29, 2013
Silver Eagle Sales Surge To All-Time Record In January
The 3% of American gold bugs is growing in number. Asians are already
all in. This can only mean higher prices, as the sleepy-eyed masses
finally wake up. It will take time, but markets follow thermodynamic
laws. Those who studied Physics understand entropy:
For those who remember chemistry, the boiling point of water is 100 degrees Celsius. Things get really hot at 99.9 Celsius, even if they appear calm on the surface. But once 100.0 Celsius is breached, all hell breaks loose.
Gold and silver will reach their tipping point, or critical mass, when the masses figure out they've been duped by a paper ponzi scheme. At that tipping point, precious metals will reach their escape velocity, much like a rocket escapes earth's atmosphere and shoots to the moon (to borrow another Physics metaphor).
http://www.zerohedge.com/news/2013-01-29/silver-eagle-sales-surge-all-time-record-january
entropy - a process of degradation or running down or a trend to disorder
For those who remember chemistry, the boiling point of water is 100 degrees Celsius. Things get really hot at 99.9 Celsius, even if they appear calm on the surface. But once 100.0 Celsius is breached, all hell breaks loose.
Gold and silver will reach their tipping point, or critical mass, when the masses figure out they've been duped by a paper ponzi scheme. At that tipping point, precious metals will reach their escape velocity, much like a rocket escapes earth's atmosphere and shoots to the moon (to borrow another Physics metaphor).
http://www.zerohedge.com/news/2013-01-29/silver-eagle-sales-surge-all-time-record-january
Labels:
2013,
all-time record,
January,
silver eagle sales,
surge
Monday, January 21, 2013
This Exploding Grenade Will Create A Gold & Silver Surge
Japan's bond market is on the brink of collapse. Yes, that's been a popular prognostication for over a decade now, but the fiscal math is becoming increasingly unsustainable. So we are early, but we will be proven right.
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/1/21_This_Exploding_Grenade_Will_Create_A_Gold_%26_Silver_Surge.html
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/1/21_This_Exploding_Grenade_Will_Create_A_Gold_%26_Silver_Surge.html
Labels:
exploding grenade,
gold,
Japanese government bonds,
silver,
surge
Friday, September 14, 2012
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