informationliberation
The news you're not supposed to know...




Austrian Economics: Understand Economics, Understand the World
The Century of the Self: The Untold History of Controlling the Masses Through the Manipulation of Unconscious Desires
The Disappearing Male: From Virility to Sterility

The Obama Deception: The Mask Comes Off
Operation Gladio: The Hidden History of U.S. Sponsored False Flag Terrorism in EuropeThe New American Century: The Untold History of The Project for the New American Century
(more)
Article posted Apr 29 2013, 11:15 PM Category: Economy Source: Bloomberg Print

Perth Mint Works Through Weekend as Gold Demand Surges on Price


Australia’s Perth Mint, which refines nearly all of the nation’s bullion, said that demand has jumped to the highest level in five years after prices plunged, with the factory kept open through the weekend to meet orders.

There’s been strong interest, including from the U.S., with buyers speculating that the metal will rebound from the decline, Ron Currie, sales and marketing director, said in a phone interview from Perth.

Bullion fell 14 percent in the two days to April 15, the most since 1983, spurring buyers to increase physical holdings. Billionaire John Paulson, the biggest investor in the largest exchange-traded product backed by bullion, reiterated his bullish view on prices. Coin sales by the U.S. Mint are set for the highest month since December 2009, while premiums to secure supplies in India rose to five times the level before the slump.

“We haven’t seen levels like this since the 2008 global financial crisis,” Currie said yesterday. “Compared to March sales, April sales have doubled or tripled,” he said, without providing figures.

Full Article »





Latest Economy
- Financial Times Calls For Abolishing Cash
- CNN Tells Americans That The Stock Market Is Not Going To Crash
- Jim Grant: The Fed Turned the Stock Market Into a 'Hall of Mirrors'
- Why Hedge Funds Are A Colossal Waste of Money
- The Fed Is Spooking the Markets Not China
- Chinese Markets Crash Again In Biggest Collapse In 20 Years
- Marc Faber: The Global Economy Is Entering An Epic Slump
- Marc Faber On The Market Selloff









No Comments Posted Add Comment


Add Comment
Name
Comment

* No HTML


Verification *
Please Enter the Verification Code Seen Below
 


PLEASE NOTE
Please see our About Page, our Disclaimer, and our Comments Policy.


FAIR USE NOTICE
This site contains copyrighted material the use of which in some cases has not been specifically authorized by the copyright owner. Such material is made available for the purposes of news reporting, education, research, comment, and criticism, which constitutes a 'fair use' of such copyrighted material in accordance with Title 17 U.S.C. Section 107. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner. It is our policy to respond to notices of alleged infringement that comply with the DMCA and other applicable intellectual property laws. It is our policy to remove material from public view that we believe in good faith to be copyrighted material that has been illegally copied and distributed by any of our members or users.

About Us - Disclaimer - Privacy Policy



Advanced Search
Username:

Password:

Remember Me
Forgot Password?
Register

Cocaine Production Plummets After DEA Kicked Out of Bolivia - 08/28Texas Town Fires Police Dept., Hires Private Citizens For Security -- Guess What Happened to Crime? - 08/28Jerry Seinfeld Hilariously Trolls Cops After they Shut Down his Son's Lemonade Stand - 08/28Police Make Instructional Video on How to Be Nice While they Rob You - 08/28Bill That Was Supposed To Limit Police Drone Activity Changed By Lobbyist To Enable Weaponized Drones - 08/28Vester Lee Flanagan, Social Justice Avenger - 08/28City of San Jose Looking To Attach Automatic License Plate Readers To Garbage Trucks - 08/28FDA Says Tobacco Manufacturers Can No Longer Call Additive-Free & Natural Cigarettes Additive-Free & Natural - 08/29

Man Follows Speeding Cop, Finds Out He Was Speeding To Buy PeanutsMission Creeps: Homeland Security Agents Confiscate Women's Panties For 'Copyright Infringement'Cop Shoots Couple's Dog, Threatens Jail For Trying To Save Dog's LifeSWAT Team Shoots Teen Girl & Her Dog During Pot Raid On Wrong HomeDurham, NC Cop Testifies Faking 911 Calls To Enter Homes Is "Official Policy"Indiana Sheriff Says US A "War Zone" To Justify New MRAP Military VehicleTampa Cops Surveil Pot Dealer, Catch Him Selling Pot, Raid His Home & Kill Him"You Just Shot An Unarmed Man!": Witness Says Police Shot His Friend With His Hands Up
(more)

 
Top