Coin Update News
China Should Issue Gold Bullion Coins That Aren't As Practical In The U.S.
Forbes
I'm kind of a big picture guy. I would like to see the government of China issue a parallel gold-based currency, in the form of banknotes and coins, for widespread use within China and around the world — or, at least, to sanction some private
Gold Eagle Bullion Sales Recover, Silver Eagles Approach RecordCoin Update News
Gold Dips, Silver Gains; US Mint Bullion Coins Rally in OctoberCoinNews.net
Gold, Silver Bullion Still Hugely PopularThe Chosun Ilbo
Gold Seek –FXstreet.com –Wall Street Journal
all 13 news articles »

International Business Times
Indian Gov't Takes Luster Off Gold, Sales Seen Crashing 60%
Forbes
The government put restrictions on gold bullion imports this year, which helped the deficit shrink in September to a four month low. But none of this is good news for jewelry makers. To make matters worse, the Diwali Festival of Lights holiday begins
Gold Lacks Physical Support From Emerging Markets, Demand From China International Business Times
Bullion India unveils unique gold and silver investment schemeResource Investor
Gold Demand at Indian Festival Seen Dropping on Import Curb (3)Businessweek
Jagran Post –Economic Times
all 15 news articles »

Live Trading News
How My Gold Standard Thinking Has Changed The Last Two Years
Forbes
What this means is: the currency manager (which could be a central bank, or could be a different organization working in a “free banking” or “parallel currency” framework), would exchange only gold bullion and base money (banknotes and bank reserves).
What the Elephant Trying to Get into the Pool Said About GoldJutia Group
Why I Remain Bullish on GoldTrefis
Gold Traders Bullish a Third Week on US StalemateBloomberg

all 12 news articles »

Gold Retreats; Silver Eagle Bullion Sales Top 39M to Near Record
CoinNews.net
Gold fell below the pivotal $1,350 an ounce level on Tuesday, marking a second day of losses, albeit modest ones, as investors stayed their buying ahead of the highly anticipated FOMC monetary policy statement. Gold for December delivery declined $6.70
BULLION LATEST – Gold decline on profit taking ahead of FOMC statementFXstreet.com
Gold Fundamental Analysis October 30, 2013 ForecastFX Empire
New York gold drops from 11-month high after US payrollsBusiness Recorder

all 15 news articles »


PR Web (press release)
My Private Bullion Is Revealing Outdated Practices in the Gold IRA Industry
PR Web (press release)
My Private Bullion announces the end of the old and tired gold industry business model by leading its change and offering all clients what was once considered neither possible nor available. Share on Twitter Share on Facebook Share on Google+ Share on 


Economic Times
Systematic investment with Bullion India makes gold and silver easily
Economic Times
KOLKATA: Gold and Silver prices reaching new highs, it has become very difficult for a common man to buy and posses these auspicious metals. Gauging this scenario, Bullion India, has launched a very unique investment plan, Unit Systematic Plan (USP), 
Having Gold As An Insurance Policy Is The Smartest Move Right NowETF Daily News
Now a systematic plan to accumulate physical gold, silverTimes of India
Finkurve launches gold, silver investment schemeHindu Business Line

all 4 news articles »


Economic Times
Gold Prices Dip 30 Cents, US Mint 1 Oz Bullion Coins Rise
CoinNews.net
Gold was little changed ahead of the Fed policy meeting this week, though prices did settle a tad off from the five-week high notched on Friday. Gold prices for December delivery slipped 30 cents to $1,352.20 an ounce on the Comex division of the New
CORRECTED-COMMODITIES-Gold surges to 1-month high; US crude reboundsReuters
Gold Holds Near Five-Week High Before Fed Policy Makers MeetBloomberg
Gold ends over $1350; Fed still seen on bond-buying spreeCNBC.com
Economic Times –Interactive Investor –Reuters UK
all 160 news articles »

Governments Supporting Uranium and Rare Earth Mining

The high volume breakout in the uranium sector may have occurred this past Friday when the uranium mining ETF soared over 6% on more than five times average volume. The uranium mining ETF’s largest holders are Cameco (CCJ), Denison (DNN) and Paladin (OTC:PALAF).

The real reason for the jump last week was the decision of the Greenland government to overturn a 25 year old ban on uranium and rare earth mining. One of the positions in the uranium miners ETF which benefited from this move is Greenland Minerals (OTC:GDLNF) which soared over 60%.

This reminds me of the move by the Australian Government to overturn the uranium mining ban in Queensland back in 2012. Countries are realizing that there is great demand for uranium as more nuclear reactors are being built now than before the Fukushima Accident. Uranium and rare earth mining (REMX) could be two areas where Austrailia and Greenland could create a lot of wealth over the coming decade when uranium demand will exceed supply. Outside of Germany, governments around the world support uranium mining and nuclear power.

Sweden and the EU are actively supporting this heavy rare earth miner which I updated my premium readers earlier this month.  The stock has reacted nicely to the update on high volume.  This company owns the 4th largest heavy rare earth asset in the world with one of the highest percentages of heavy rare earths. Sweden is very supportive of mining and is one of the most supportive jurisdictions in the world.    This asset could be essential to some of the large end users in Germany such as Mercedes Benz, Volkswagon and/or Siemens.  .

Keep a close eye on the junior uranium miners which could see incredible growth over the long term.  We may be witnessing a short term uranium glut from the shutdown reactors in Germany and Japan, but over the longer term we will enter a supply deficit as there are more reactors being built now than from before the Japanese Nuclear Accident in March of 2011.  As 2013 ends, so does the Russian uranium supply agreement which provided around 25 million pounds of yellowcake to the U.S. annually.  Now the U.S. will have to make up that deficit with new U.S. producers.  Look to the Wyoming junior uranium miners which I have followed for years.  I could never imagine that they would be priced this cheaply as they began entering production.  One of the uranium miners in production which I own and follow in my premium service just announced they received $34 million from the State of Wyoming at a very low 5.75% interest rate.  This is big news as the State is supporting low cost uranium production.  This announcement may soon benefit this NYSE uranium miner in the exciting Powder River Basin who should receive its $20 million State of Wyoming loan shortly.  One can buy them near all time lows despite being in construction and on the verge of receiving a $20 million low interest rate loan from Wyoming.

Read my full article, “Why Did The Uranium Mining ETF Advance On Its Highest Volume In 3 Years?” 

A catalyst for this rotation into junior miners could be caused by a large sovereign nation selling U.S. debt and dollars and not finding willing buyers. We could see increased volatility in the foreign exchange markets, interest rates and commodities due to capital seeking inflationary havens.  There is a rising fear of a U.S. dollar collapse.  The real estate and banking sectors could turn lower quickly with interest rate spikes forcing the Fed to stop all taper talk and possibly increase QE. The  weak housing numbers and high unemployment rate shows the economy is still on shaky legs.

It is important to remember that some junior gold miners are so undervalued with minuscule market caps that are only fractions of what they spent on advancing the project.  This junior gold miner with a resource of over 20 million ounces of gold sports a market cap of less than $50 million and has invested over $250 million advancing this project through feasibility.  This sounds like a discount bargain opportunity to me.  Since our last update to premium subscribers last week the stock has risen close to 70% on high volume.

Read the full article, “Avoiding The Dollar Crash With Historically Discounted Gold And Silver Junior Miners”.

I will be meeting with many of the mining companies at the New Orleans Investment Conference from November 10-13th and will report my findings to you in my premium newsletter.  I hope some of my subscribers may be able to join me there.  I would love to meet you in person.  It is an excellent chance to attend, network, hear the great list of speakers and meet with some of the active companies that are still attractive even in this depressed market.

We may be at a crucial turning point in market history and I will be going to learn, network and search for only the best stories which have been able to thrive and advance their projects in this difficult market.  If you want to be a part of this year’s event visit www.neworleansconference.com to register and to see which companies are exhibiting.

 

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Gold Swings Near 5-Week High Before Fed Policy Meeting
Bloomberg
Gold fluctuated near the highest level in five weeks before the U.S. Federal Reserve begins a meeting where policy makers may decide on the pace of monetary stimulus. Russia cut gold holdings for the first time in a year. Bullion for immediate delivery
Gold and Silver Rally for Second Week, US Mint Bullion Coins SolidCoinNews.net
CORRECTED-COMMODITIES-Gold surges to 1-month high; US crude reboundsReuters
Gold hovers near 5-week high as Fed policy meeting loomsEconomic Times

all 113 news articles »


Moneycontrol.com
Gold and Silver Rally for Second Week, US Mint Bullion Coins Solid
CoinNews.net
Up for a second day Friday, gold for December delivery rose $2.20, or 0.2%, to finish at $1,352.50 an ounce on the Comex division of the New York Mercantile Exchange. The settlement price is the highest since Sept. 19. A drop in U.S. consumer
CORRECTED-COMMODITIES-Gold surges to 1-month high; US crude reboundsReuters
PRECIOUS-Gold up 1 pct, above $1350/oz, after US jobless claimsReuters UK
Gold up on weak eco data, deferred tapering of Fed stimulusMoneycontrol.com
The News International –Reuters India –The Japan News
all 94 news articles »

Venture Capital Post
India won't convert idle gold to bullion– central bank
Venture Capital Post
Earlier Reuters reported that the Indian central bank had planned to close the gap on its current account deficit by asking the banks to purchase household gold. They would then turn this over to precious metal refiners for conversion to bullion. The
Gold pushes higher as investors return to the marketBusiness News Americas

all 2 news articles »

Gold Bullion Coins Import Ban Continues In India
Gold Seek
Gold was trading near its highest in four weeks on Wednesday. As expected, the poor U.S. jobs data led to safe haven buying. Contrary to the constant silly 'taper' talk, it appears more and more likely by the day that the Federal Reserve will continue
Chidambaram rules out lifting ban on import of gold coinsZee News

all 14 news articles »


Resource Investor
Gold bullion coins import ban continues in India
Resource Investor
Today's AM fix was USD 1,333.00, EUR 968.68 and GBP 825.13 per ounce. Yesterday's AM fix was USD 1,311.75, EUR 959.51 and GBP 813.24 per ounce. Gold climbed $25.00 or 1.09% yesterday, closing at $1,340.20/oz. Silver surged $0.49 or 2.21% 
India's Gold Coin Import Ban "Will Stay", Smuggling SurgesBullionVault
India rules out lifting of ban on gold coin and medallion imports during Metal.com News
Chidambaram rules out lifting ban on import of gold coinsZee News

all 14 news articles »

Gold Rallies to Near 5-Week High; US Mint Gold Bullion Coins Spike
CoinNews.net
Gold moved up sharply and closed near a five-week high Tuesday, extending its winning streak to two straight days with advances in four of the last five sessions. Gold for December delivery rallied $26.80, or 2%, to settle at $1,342.60 an ounce on the
Gold near 4-week highs on hopes US will keep stimulusCNBC.com
PRECIOUS-Gold near 4-week highs on US stimulus betsReuters
Gold Swings Near Three-Week High as Investors Weigh Fed StimulusBusinessweek
BullionVault –Reuters India
all 200 news articles »
Global Gold Bullion Demand Still Rising, Supplies Running Dry
Jutia Group
Just recently, the premium for gold bullion in India hit a record $100.00 an ounce above London prices. The demand for gold is so high in India that the supply for physical gold is running out. (Source: “Gold Premiums Hit Record in India,” Reuters
Instead of looking at precious metals such as gold and silver in isolation 4-traders (press release)
ANALYSTS AGREE: Gold Is Poised For A November RallyBusiness Insider
FOMC minutes and Strong Eurozone data Tamp Down Bullion's rallyiNVEZZ
Businessworld
all 26 news articles »