Tuesday, December 6th, 2016 MST

Category: Gold

Gold smuggling in India continues, predicted to increase

“Gold smugglers run riot in India,” says Shivon Seth, writing on mineweb.com. This confirms that new regulations by the Central Bank of India have not dampened the buying of gold in the world’s second most populous country. Indian revenue authorities fear smuggling could rise to over 150% more than last year, Seth says. A long-time

Will gold being shipped to Asia expose shortage?

KingWorldNews.com’s August 7 blog post with Stephen Leeb discussed the strong demand for gold in China, despite what the media report. Leeb says that this year China is set to import some 1,200 tons. But, China is not the only Asian country where the demand for gold is strong. Most physical gold sold in Asia

Gold hedging resurfaces

Always looking for negatives to report about gold, the media is now talking about “a return to hedging,” with the suggestion that gold miners are about to dump on the markets huge quantities of yet to be mined gold.  Nothing could be further from the truth. Hedging occurs when a miner, or a gold reclaimer,

Massive tax increase coming

In HR 684: a disaster for gold/silver investors, I urged readers to contact their representatives in Congress to vote and work against HR 684.  The bill remains a potential disaster for gold and silver investors, and many readers, judging by their calls and emails, understand this.  But, too many respondents to the earlier post were

Singaporeans line up to buy gold

May 23, Richard Russell of Dow Theory Letters posted in his Daily Remarks the below email from a subscriber in Singapore. While it is anecdotal, it illustrates the growing interest for gold in Asia, which is awash in dollars. Dear Russell and Company, Yesterday, after reading your comments about gold being manipulated in the crudest way,

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