Money & Markets
China Gold Imports Increased 500 Percent in 2010
January 2011 by Chris Ralph
It’s been no secret that the prices of gold and silver have been moving upward at a fast clip in recent months. Gold has soared 27 percent so far this year. There has not been a significant drop-off in production, so it’s been evident that an increase in demand has been a part of the force driving the price upward.
Melman on Gold & Silver
Other economic commentators have joined in regarding the sounding of alarms. Retired Republican Congressman and presidential candidate Ron Paul feels financial markets could drop a stunning 50%...
Melman on Gold & Silver
The question of relentless government payouts continues to haunt the political system.
Melman on Gold & Silver
Seldom, if ever, has this writer seen anything comparable to the level of hostility, disrespect and outright hatred now being demonstrated across America. If anyone thinks this is an erroneous conclusion, please consider the following ongoing events…
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Melman on Gold & Silver
...the much more important question is this: does this short-term strong rally necessarily portent a genuine turnaround from the metals share bear market that has been ongoing since mid-2011? For a possible answer, we turn to the long-term, five-year XAU chart.
Melman on Gold & Silver
Putting it all together, we have indications that the petroleum price increases could continue and we believe that if that is the case, the impact on precious metals would be positive.
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