Posts Tagged ‘ physical gold ’

Why Is HSBC Clearing Out So Much Physical Gold?

Jan 13th, 2010 | By | Category: Featured, Gold
That’s the directive that came down from HSBC USA in late November. It seems that everyone these days wants gold. Real, physical gold coins that they can hold in their hands, or bars that they’re assured are resting safely in a well-guarded vault. HSBC’s New York vault, for example, buried deep ...read more

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Posted in Featured, Gold | 3 comments


Gold: A Permanently Exuberant Plateau

Sep 21st, 2009 | By | Category: Featured, Gold
"Whether through exuberant hedgies or anxious private investors, gold just keeps pushing higher..." So speculative betting on gold going higher now equals a record-busting 752-tonne position in Comex futures and options, yet this is not a bubble according to Michael Pento of Deltaga. Let's say otherwise. Let's say that gold prices, surging ...read more

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Posted in Featured, Gold | 4 comments