Free Republic

The crash of the price of paper gold on Monday has unleashed an unprecedented global frenzy to buy physical gold and silver. All over the planet, people are recognizing that this is a unique opportunity to be able to acquire large amounts of gold and silver at a bargain price. So precious metals dealers now find themselves being overwhelmed with orders in the United States, in Canada, in Europe and over in Asia. Will this massive run on physical gold and silver soon lead to widespread shortages of those metals? Instead of frightening people away from gold and silver, the...

Williams draws on the Agatha Christie play The Mousetrap – the longest running theatrical production ever – where by and large the identity of the killer was kept secret for more than 50 years, through exhortations to the audience at the end of each performance not to reveal it so as not to spoil the twist in the tale for new audiences. This was adhered to by critics and audiences alike until eventually it was published in Wikipedia (reminiscent perhaps more of Wikileaks). Williams’ point being that the secret of the true state of Central Bank gold reserves is still...

A mystery investor has paid a £750 fee and turned shares in an exchange traded fund (ETF) into physical gold. The ETF – or exchange traded commodity (ETC) - called Gold Bullion Securities, has a built-in facility that allows investors to swap their shares for gold, but this has never been used before. The timing of the first transaction of this sort is likely to be related to the price of gold which has been hitting new highs on a daily basis. Investors who want to hold gold rather than shares in a gold ETF may be suspicious of global...

'Paper gold market will crash at Comex' Do you want to see gold in the big picture? Read an interesting interview with Marc Gugerli by Oliver Disler. Marc Gugerli is Fund Manager & Advisor of Gold 2000 Ltd and the Julius Baer Gold Equity Fund. Oliver Disler: Mr. Gugerli you are a specialist for Gold and Gold mining stocks. Are you disappointed about the performance of the Gold price the recent months? Marc Gugerli: No, I am not. Gold has outperformed all major asset classes like bonds and shares. The Gold price calculated in South African Rand, Australian and Canadian...