Central Banks have become big players in the gold market and now control 10% of the total market demand. Now, this wasn’t always the case. Just ten years ago, the Central Banks were main suppliers via their policy of dumping gold into the market. However, the Central Bank strategy to sell gold into … [Read more...] about Central Bank Gold Purchases Now Control 10% Of The Total Market
Peak Gold?
South African gold output saw its biggest drop in over a year in May, falling 16.2% year-on-year. This is another sign that the one-time world leader in gold production could be running out of the yellow metal. May’s decline came on the heels of a 5.8% drop in production in April. It was the … [Read more...] about Peak Gold?
Crisis Countdown
As gold dealers, one of the more common questions we get is, “When will gold and silver prices take off again, like they did in 2001 and 2009?” In other words, investors want to know why they’ve been holding onto assets that have traded in a very tight range for quite a few years and haven’t … [Read more...] about Crisis Countdown