Posts Tagged ‘chinese’

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a href="http://www.theaustralian.com.au/business/opinion/hong-kong-jewellers-cashing-in-on-chinas-appetite-for-the-yellow-metal/story-e6frg9if-1226263136194" target="_blank"> The Australian reports over the past month they've been impossible to miss: On billboards across Hong Kong, throughout its subway network and all over its buses have been huge advertisements for little gold dragons. Hong Kong's jewellers have been determined to cash in on mainland China's obsession with all things Chinese New Year (and the newly arrived Year of the Dragon is ... Full story

Nothing is so salutary for the Chinese economy as growth in the United States, and nothing is so good for copper and iron ore prices as a strong Chinese economy. The recent drop in the U.S. Full story

Comment from Jeff Nichols suggests that Chinese gold production and consumption may be considerably higher than the statistics released by the country would indicate. Full story

Gold is a very controversial object.  Many investors view the precious metal as a storage of wealth and a hedge against uncertainty. However, critics claim gold is a bubble and has no intrinsic value,  especially since you can not eat it.  The tech giant Apple Inc. Full story

As negotiations on Greek debt continue, investors are watching what happens to physical demand for gold as Chinese retail buying slows Full story

The Eurasia Group writes in a guest post on the FT that as attractive deposits become harder and harder to find in traditional markets miners are pushing the limits of the political risk they are willing to take on. Eurasia argues in the FT’s Beyondbrics section “above-ground risks are quickly gaining equal footing to traditional geological and engineering considerations for mining projects,” something that ... Full story

On Tuesday, China reported GDP growth of 8.9 percent in the last quarter of 2011, which is the slowest growth increase in more than two years.  Although analysts were only expecting growth of 8.7 percent, the slowdown gave investors hope that the world’s second largest economy will inject more stimulus into its economy to fuel growth.  As a result, gold jumped $24 to climb ... Full story

Recently there has been much talk about the possibility of a war with Iran. And, as one can expect the main stream media is involved in a deliberate process of distorting the true facts, just as they were before the US invaded Iraq. Full story

Gold was up 1.1% at $1,662.40/oz on Tuesday, its highest climb in five weeks, as German economic data boosted the euro and stocks and commodities were lifted by Chinese trade data. Full story