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
On a similar vein, while the number of new non-farm jobs created rose by a modest 156,000 in September, it must be pointed out that Goods Production Payrolls rose by only 10,000 jobs while much lower paying service jobs accounted for the other 146,000.
Melman on Gold & Silver
I believe this is a powder-keg waiting to explode down the road—with potentially devastating effects on society—but positive implications for gold and silver.
Mining Stock Quotes and Mineral & Metal Prices
Melman on Gold & Silver
We believe this possibility of a housing crisis is an important consideration in our prediction of a positive price market for the precious metals this year.
Mining Stock Quotes and Mineral & Metal Prices
Mining Stock Quotes and Mineral & Metal Prices
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