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Even with China doubling its reserve, “China’s reported gold holding is worth approximately U.S.$34 billion, a paltry sum by comparison, representing only approximately 1.7% of its reported U.S.$ holdings.” Conclusion: “I suspect we will see China’s physical gold holding increase significantly...

Mining stocks or physical gold? Or both? “I don’t think of physical gold so much as ‘an investment’ per se – but rather think of it as a ‘foundation’ on which to build an investment portfolio.” On the other hand, mining stocks “I do see as investments, with multiple reasons why holding them is...

While many analysts can already see the rainbow at the end of the financial storm that has convulsed the United States, James West sees only further calamity. In “U.S. Debt Default, Dollar Collapse Altogether Likely,” an article on SeekingAlpha.com, West, the publisher of the Midas Letter...

Expecting the bull run to continue? Keep this in mind, “The Wall Street analyst consensus [is] that earnings for S&P 500 companies will drop 37% year/year in Q1 2009 (Thomson Reuters survey). Market Data and Economic Research

Now that the gold ETF “GLD” is now the sixth-largest holder of gold bullion in the world, it is too big? Could a big sell-off cut the price of gold in half just like that? “I am not sure why a concentration of gold is one place would in and of itself influence the price significantly either up...

Now that the gold ETF “GLD” is now the sixth-largest holder of gold bullion in the world, it is too big? Could a big sell-off cut the price of gold in half just like that? The Stock Research Portal says, “I am not sure why a concentration of gold is one place would in and of itself influence the...

Don’t expect low oil prices to last, says Jeff Christian of the Stock Research Portal Newsletter. He expects $60 to $65 is a “reasonable target” for late 2009. And given an economic recovery, “There is not enough energy to supply what is anticipated in terms of real GDP. That means oil prices go...

Jeff Christian of the Stock Research Portal Newsletter has this to say about gold: It “is really a financial asset and hence is somewhat different from other commodities.” Furthermore, “It’s a myth that gold trades against the dollar, and if you look at past financial crises – ’73, ’74, ’79, ’80...

Oilwatch Monthly reports that despite significant cuts “supply is still significantly higher than demand.” On March 15, “OPEC agreed that no further oil cuts in oil production will be made and that it will focus in the coming months on complying with previously announced cuts of 4.2 million bpd...

Will the price of gold collapse under with weight of scrap gold reaching the market? He “continues see gold as a good ‘safe haven’ in the event of either hyperinflation or deeper recession or depression.” Today's results

Adding another voice to the chorus that President Obama is off to a very bad start, the SRP blogsays, “I feel badly for [him]. I believe he is well intentioned but lost the game of musical chairs.”

Will the price of gold collapse under with weight of scrap gold reaching the market? I wouldn’t bet on it. “continues see gold as a good ‘safe haven’ in the event of either hyperinflation or deeper recession or depression.” Market Data for Oil, Mining and Natural Gas

Reuters reports that China is expanding its program of eliminating the middleman with direct investments in strategic materials. Its latest and largest acquisition is stakes of up to 50% in nine mining assets of dual-listed (London and Melbourne) Rio Tinto. Total Chinese investment is $19.5...

Recession vs. depression? How about recession vs. collapse? This is the question Gregor Macdonald asks, and he favors the latter answer. His prognosis? “Based on historical studies, the asset that will survive any endgame of global deflation is gold – with oil also being considered ‘Not as...

For Market Data and Economic Research on Gold, Base Metals, Oil and Gas