In April 2020, GoldNews.com.au came under new management, articles published before this time, such as the below, may not reflect the views or opinions of the current GoldNews.com.au team. Looking back into time a sharp investor would have observed nervous investors moving to add inverse exchange traded funds or contra investments which are basically investments
Britains Biggest Heists: The Brinks Mat Gold Bullion Robbery
At the Heathrow International Trading Estate on 26 November 1983, a robbery took place which seen the criminals escape with just over 3 tonnes of pure gold bullion, worth an estimated 26 million dollars at the time. Over 3 decades later, only 50% of the bullion has been accounted for, 50% remains missing, and only
Gold buy-back schemes
Typically regarded as a “safe haven” in times of economic instability and as a hedge against devaluation, gold is the kind of precious metal that only some can resist. Usually purchased in its physical form through jewelers, goldsmiths, or banks, it represents wealth and a store of value as well as a means of passing wealth onto the next generation.
Investing in Bullion
As most of you probably already know that there are numerous ways through which an individual could invest in gold. From gold exchange traded funds (ETF’s), allocated and unallocated gold certificates, mutual funds right up to physical gold in the form of coins, bars and ingots. Most people invest in gold in order to protect or hedge themselves from unforeseen economic conditions such as inflation.
Huge opportunity for Australian Gold Investors if AUD falls against USD
Gold has had a very turbulent introduction to the 2015 calendar year so far, with gold prices falling heavily in US dollars continually. There is however still good news for Australian investors, the Australian dollar has fallen almost equally with the US dollar, meaning that losses in gold value have barely impacted local reserve prices.
Western Australia Miners Join Forces Against Aggression To Gold
Recently big names in the gold mining sector united their voices to defend the wounded industry. The Gold Industry Group is now a result of the sector preoccupation about Government’s financial interests and future decisions. In the meanwhile, low prices keep hurting the sector but the precious metal is starting to recover.
China & PBOC’s gold announcement and consequences
The severe recent price drop has a few reasons behind it. They go from the financial (and now obvious) matter to the psychological aspects of the market. It becomes a true race between gold and the United States Dollar.
Minor Players in the Gold Mining Sector Now Represent Hope
Despite the near disaster occurring in several markets to the present moment, along with all the panic among gold investors, there is still great news. This well appreciated good news has been born from the bad financial situation itself. Giants in the mining industry are suffering and making entire armies of investors flee. They are in debt and selling plenty of assets, like mines and associated operations.
Business as usual: Markets return to their pre-euro-crisis state as status quo resumes.
Everything in the last week has played out as anticipated, Greece has once again been granted more debt by euro lenders to push the Greek problem away for another day, something we assumed was always going to be the case, something you can check in our previous article from the third of July:
Australia Must Ignore Greece, more focus on Asia.
The media loves the disaster happening in Greece and the world actually falls in that game. Things with the European Union and Greece are really messed up economically, but nobody is paying attention to a bigger crisis occurring right now in Asia.
