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Monthly Archives: August 2014

The demand for gold and the demand for money

The demand for gold is largely driven by people’s desire for jewelry and artistic creations from the pure, soft metal.  This is particularly important in Asian countries such as India where it plays a strong role in the culture and religion. But as we also know, from the reports by Vietnamese “boat people” who escaped

Gold Eagle/Silver Eagle sales down; gold/silver ratio favors silver

The US Mint reported that Gold Eagle and Silver Eagle sales through the first seven months of 2014 were down significantly as compared with 2013 sales for the same period.  Dorothy Kosich, writing for, concluded: Investors’ lack of interest in gold and silver is being blamed for a substantial decline in American Eagle coin