10 Countries Sitting on Gigantic Piles of Gold

Source: Business Insider, Mamta Badkar (10/8/12)

"According to the World Gold Council, global central banks bought 157.5 tonnes of gold in the second quarter, up 63% quarter-over-quarter and up 137.9% year-over-year."

Business Insider, Mamta Badkar

Gold prices have been supported by central bank gold purchases.

According to the World Gold Council (WGC), global central banks bought 157.5 tonnes of gold in the second quarter, up 63 percent quarter-over-quarter and up 137.9 percent year-over-year

In fact, there is a school of thought that suggests Eurozone members use gold as collateral for sovereign debt issuance to keep bond yields. . .View Full Article

Gold Co. Set To Drill 15,000 Meters at Golden Triangle Property
Source: Streetwise Reports (04/24/2024)

Seabridge Gold Inc. announced a 15,000-meter core drilling campaign for this year at its 100%-owned Iskut property in northwest British Columbia's Golden Triangle. Find out why one newsletter writer says this company should be a core holding in your portfolio.

Expert Says Copper-Gold Co. Is a Strong Buy
Source: Michael Ballanger (04/24/2024)

Michael Ballanger of GGM Advisory Inc. explains why he believes Vortex Metals Inc. is a Strong Buy.

Is a Gold and Silver Correction Underway?
Source: Clive Maund (04/24/2024)

After a drop in gold and silver on Monday, Technical Analyst Clive Maund reviews the precious metals' charts to explain why he believes it may be a good time to start adding to positions across the sector

Barrick's Production Miss Not So Bad?
Source: Adrian Day (04/24/2024)

Global Analyst Adrian Day looks at more first-quarter results from some resource companies, as well as some positive exploration results that, according to him, could extend a mine's life.