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.
We’ll conclude by digging a bit more into the regulations and pitfalls, and discuss what they are used for, their relationship to gold, and what the future holds.
Investors and collectors may also be able to purchase palladium coins after President Obama signed a bill authorizing palladium coins if there is sufficient demand.
While a great many questions remain unanswered, there is little doubt that a new financing option for small-scale mining operations, “crowdfunding,” is growing as a viable and legitimate funding source.
Australia’s Perth Mint currently holds the record for the world’s largest gold coin.
In all the years I have been writing this column (approaching 35) and in my writings elsewhere, I have to admit that I never foresaw the kind of immense changes that have been wrought during the past two months…
The Bawl Mill • Our Readers Say • Ask The Experts—Amalgamation • Tips for Effective Drywashing • Legislative and Regulatory Update • The Downieville Gold District • Rattler's Gold • Successful Gold Prospecting • US Mint to Offer Other Precious Metal Coins • The Business of Mining: Unlimited Possibilities With LLCs • Silver Boom Prompts Idaho Mine Expansion • Melman on Gold & Silver • Mining Stock Quotes & Mineral and Metal Prices