Precious Metals Report
Source: Canaccord Adams��(2/3/09)
"Gold hit new highs in euro, rand and real as well as Canadian and Aussie dollar terms. . ." More >

A Fresh Look at the Gold/Silver Ratio
Source: Seeking Alpha, Roland Watson��(2/2/09)
". . . when silver is suffering in a deflationary bust, it is time to buy." More >

Russian Gold Mining Expansions
Source: Reuters��(2/2/09)
"Several leading Russian miners increased output last year and a series of ambitious expansion. . .envisages production rising by another 20% by 2015." More >

Fed Monetizes Debt Leading Investors to Embrace Gold
Source: Seeking Alpha, Boris Sobolev��(2/2/09)
"For the month of January, GLD gold holdings rose 8.2% or close to a record setting 63 tonnes." More >

"Fear and Worry" Sparks Gold Demand
Source: World Gold Council��(2/2/09)
"Demand for New Zealand gold has jumped as the global recession worsens, with buyers looking to invest in the precious metal rather than currencies or stocks. . ." More >

Gold Falls on Speculation Rally Was Overdone; Silver Declines
Source: Bloomberg��(2/2/09)
"Gold is the safest haven of all. Gold will continue to benefit from all the monetary turmoil and worries about insolvent banks." More >

Two More Market Bubbles About To Pop
Source: Gold World��(2/2/09)
"While the world is still seeking safety in paper fiat currencies, there is only one alternative left to the U.S. dollar as it fails, and that is gold." More >

Bonds Slumping, Metals Looking Bullish
Source: Seeking Alpha, Peter Cooper��(2/2/09)
"Prices of gold and silver will rocket to unheard of levels. . .predict gold experts." More >

Gold Prices in This Recession
Source: American Institute for Economic Research��(2/2/09)
"At the dawn of the Obama administration, hardship runs deep and gold prices run high. . ." More >

Old Naval Wreck May Hold a $1 Billion in Gold
Source: Reuters��(2/2/09)
"Salvors. . .said the current value of the bullion today alone could be more than $125 million, while the real value for such ancient coins could be more than $1 billion dollars." More >

Bad Economic Conditions, Good Times for Gold
Source: Gold Investing News, Kishori Krishnan��(2/2/09)
"You see these steep sell-offs in equities and we see a lot of that money coming back into gold." More >

Rerating Gold - Upwards Momentum Building?
Source: Mineweb, Lawrence Williams��(2/2/09)
". . .from its low point in mid-October, the gold price in dollars has advanced more than 30%. . ." More >

The Weekly Gold Digger
Source: Inside Futures, Leslie Burton��(2/2/09)
"Is it possible for the central banks, including China, to change to gold from its dollar holdings?" More >

Peak Gold (and Silver)
Source: GoldSeek, Andy Hoffman��(2/1/09)
"I forecast that global gold production will fall by an additional 10%-15% over the next 5+ years no matter what the gold price rises to." More >

January Gold Jewelry Sales Off 70% in Abu Dhabi
Source: Reuters��(2/1/09)
"Investors buying gold bullion as a safe haven during the downturn are supporting international prices and making the metal less attractive for retail consumers. . ." More >

Peru Mining Unions Call for a Nationwide Strike
Source: Reuters��(2/1/09)
"Peru is the world's top producer of silver, No.2 in copper and zinc, and often ranks fifth in gold output." More >

Dollars, Gold, and Soon Intelligent Life
Source: James West, Midas Letter��(1/30/09)
I’ve been looking at the charts of monetary supply, U.S. debt, T-Bond yield, and planned T-bill auctions. Of particularly suspicious character is the announcement anticipating the expectation that bond prices will drop further, and yields will increase more, to attract investors. Alongside that little fragrant tidbit is the absolutely rancid one that says the U.S. Federal Reserve is going to be a big buyer of long term bonds. More >

Gold – Investment Demand Stampedes
Source: Julian Phillips, GoldForecaster.com��(1/30/09)
On December 17th 2008, the combined gold holdings of the World Gold Council gold Exchange Traded Funds and Barclays Gold Trust stood at 985.59 tonnes. By the 16th January 2009 this had risen to 1009.92. By 30th January early in London time they had grown to 1079.83, a growth of almost 70 tonnes in two weeks. . . Clearly we are seeing a stampede of institutional fund management into gold at present! More >

Silver—It’s the Pits
Source: David Morgan, Silver Investor��(1/30/09)
One “story” that many investors have bought into is the idea that open-pit mining is very cost effective. This, of course, is true to some extent, because to build an open-pit mine takes far less money than to build an equivalent underground mine. And although open pits work beautifully for copper and zinc, they seldom work for silver. This week’s missive is why silver open-pit mining may truly be the pits. . . More >

Gold - Investment Demand Stampedes
Source: GoldSeek, Julian D.W. Phillips��(1/30/09)
"Clearly we are seeing a stampede of institutional fund management into gold at present!" More >

RBC Thinks Worst Is Over for Junior Golds
Source: Seeking Alpha, FP Trading Desk��(1/30/09)
"RBC Capital Markets analyst Mike Curran makes a good argument that a number of companies are in a position to get re-rated by the market and/or taken over at a big premium." More >

Mineral Code Custodians Strive To Keep Industry on Straight and Narrow
Source: Mining Weekly, Brindaveni Naidoo��(1/30/09)
"With an increasingly globalized mining industry. . .the need for common terminology and understanding across country boundaries and language barriers has never been greater." More >

Gold Could Come Into Its Own As True Safe Haven - Scotiabank
Source: Mineweb, Dorothy Kosich��(1/30/09)
"Record investor inflows into gold ETFs. . .have also lifted precious metals prices, as retail and institutional investors seek a 'safe haven' from volatile currency and equity markets." More >

Japan Discovers New Source of Mineral Wealth
Source: Reuters��(1/30/09)
"The country's sewage yields more gold than top mines." More >

The Real Long-Run Value of Gold, Part I
Source: Adrian Ash, Bullion Vault��(1/29/09)
"Gold must hit $2,200 an ounce to match its real peak of Jan. 1980. Or so almost everyone thinks..." WHAT'S IN A NUMBER...? Ignoring the day-to-day noise, more than a handful of gold dealers and analysts reckon gold will hit $2,200 an ounce before this bull market is done. More >