martes, 14 de octubre de 2014

Investors sold heavily into gold rally, China wants in on price fix

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Gold News Digest
Wednesday 15 October 2014
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Hedge funds cut bullish bets for eighth straight week and ETF investors grab chance to cash out amid 3%-plus rally in the price of the precious metals.

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Vancouver-based Turquoise Hill blames "delayed mine advancement" at massive Mongolian property.

Since it first debuted in August, only five participants have signed up to the price setting process.

Peter explains China's ongoing boom and what it means for their favorite commodity – gold.

The injunction was sought by Stans Energy.

Harmony Gold, Sibanye Gold Ltd., and AngloGold Ashanti named among the top candidates to consider deals.

More than 100 objects, including solid gold jewellery, arm bands and silver ingots are part of the trove, one of the largest discoveries of Viking treasure in Scotland.

What if the goldbugs are wrong and fiat currency isn't going to throw the world into hyperinflation?

Under the bill, such minerals "will be sold for production costs excluding transportation. That is the mine-gate price.

"We have all had the experience of seeing goods on sale and procrastinating, and later on seeing them priced much higher. You think to yourself 'I really wish I'd participated.' Those are the kinds of times that get referred to as 'the good old days.'"

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