Black swan events often have great impact on the gold and silver markets. Discussed herein are three developments that should unfold between now and the end of the year that may turn out to be black swan events. First, Ben Bernanke does not want to be considered for a third term as Chairman of the
Here’s an interesting quote from Henry Ford: “It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.” Do you know what he is referring to? I would guess that less than one in a
“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
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
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,