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Monthly Archives: March 2014

Gold/silver move east

As has been noted on this blog over the last three years, physical gold and silver are “moving east,” that is, going to Asia. To further support this position, a Singapore retailer of coins and bars announced the opening a 600-ton silver vault, with capacity to hold $390 million in silver at current prices.  This

Gold up, stocks down on China fears

For years, reports that China’s banking system is at risk mostly have been ignored. Now, though, investors are listening as Chinese officials have admitted to problems in the Chinese banking system and its economy. From March 14’s Financial Times: China warning on defaults sparks fears over growth Bad debts on rise * ‘Lehman moment’ concerns