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    News and Articles on Buying Gold

    Archives: Buying Gold

    Fed up withFed credit  Nov 21, 2008
    And if you want to talk about inflation but don't want to talk about its horrors, or how gold and commodities will rise in price and how you ought to be buying gold with every bit of money that you can scrape together because of the inflationary collapse that is pre-destined by all of this massive creation of money and credit, then there is nothing else to talk about, I guess. But if you do NOT buy gold and commodities, then one day it will be ALL you will want to talk about. (Asia Times Online)

    * Economic crisis chilling Asias fine wine thirst  Nov 17, 2008
    I would recommend buying gold, fine art and of course, the finest and rarest wines, if the stock market looks a bit risky. . (Taipei Times, Taiwan -- World)

    Bond insanity  Nov 12, 2008
    This would usually lead me to a long harangue about how you should be buying gold, silver and oil at these low, low prices in response to such monetary and fiscal outrages, but it is late, I am tired, I already have plenty of each. And if you, too, have plenty of each, then relax, as you have nothing to worry about, and you should go to bed and get a good night's sleep, too. (Asia Times Online)

    The incredible growing government  Nov 8, 2008
    I mean, even though I yell at them every day to buy gold, silver and oil, none of them are buying gold, silver or oil, even at these. incredible bargains. (Asia Times Online)

    Commodities, election optimism lift Toronto stocks  Nov 5, 2008
    Investors were lined up buying gold stock, resulting in double digit gains for Agnico-Eagle Inc., Barrick Gold Corp. and Gold Corp.. "Over the past few weeks we have had a massive unwinding of risk and as that has occurred, the U.S. dollar rallied against the euro and the Canadian dollar was falling," said David Burrows, president of Barometer Capital, commenting on Tuesday's gains. (Financial Post)

    Mind-numbing oil  Oct 30, 2008
    Undeterred, I am always soon back to screeching - again loudly - that everyone should be buying gold, silver and oil. while some people feel compelled to make helpful comments ("You should shut up and die, you idiot!"). (Asia Times Online)

    Unapologetic economic stupidity  Oct 28, 2008
    Birds are too stupid to protect themselves by buying gold, silver and oil, and that is where they always make their big mistake. Don't you make that same mistake. (Asia Times Online)

    A bright phoren Diwali  Oct 28, 2008
    Busy shopping for clothes, crackers and utensils, Abhimanyu says us that not many NRIs are keen on buying gold jewellery. To be frank, people here in the UK dont buy gold as much they purchase pearls. (Times of India)

    Gold a safe harbour, investment advisors tell clients  Oct 27, 2008
    "People have begun to realize that buying gold at the beginning of the marriage season is a good investment option," Chandra told IANS.. However, not everyone is equally optimistic as gold prices have been showing a lot of volatility in recent times. (India Times)

    Bullion's value as a haven investment is melting away  Oct 26, 2008
    A cheaper way of buying gold is through an ETF. The most widely traded fund, SPDR Gold Shares, costs 0. 4 percent a year in fees, plus your brokerage commission. (Business Report, South Africa)

    Consume00004000rs shy from gold this Diwali  Oct 24, 2008
    However, World Gold Council associate director Keyur Shah said inflation is not the sole reason for the plummeting sale of gold jewellery, adding that buying gold jewellery is usually a "planned purchase and people save money for it for months together". According to Sandeep Kulhali, vice president at Tanishq, the Tata Group's jewellery division, said August saw a rise in sales, and people are now avoiding spending on gold yet again around Diwali. (India Times)

    Rush to Sell Gold  Oct 23, 2008
    Simonian said customers buying gold are also changing their spending habits. What they're buying is not as much as they used to buy. (WOKR13 Rochester)

    Gold May Pay Only in Case of Maximum Despair  Oct 23, 2008
    A cheaper way of buying gold is through an exchange traded fund. The most widely traded fund, Shares, costs 0. (Bloomberg -- Columnists)

    Column: End of the world  Oct 21, 2008
    He overhears me talking about my shrinking retirement assets and when I call his grandfather to ask, Daddy, should I be buying gold bars right now. Absently I explain to my son that gold bullion is different from the kind that goes in soup when he asks me why I want gold, and if gold is the same as money. (Hingham Journal, MA)

    Gold extends gains on crude oil rally  Oct 21, 2008
    Welcome to The Sydney Morning Herald. Skip directly to: Search Box, , , Text Version. (Sydney Morning Herald -- Business)

    America's wealthy feel bite of financial crisis  Oct 19, 2008
    Wealthy people are buying gold, cash and government bonds at the expense of the modern art, private planes and yachts that were more in vogue during the boom years, private bankers and asset managers said at the Reuters Wealth Management Summit this week. Mr. Goldberg said he was keeping his money in the stock market. (Globe and Mail -- Business)

    With economic crisis, a newly flush India exercises caution  Oct 17, 2008
    They are even becoming cautious about buying gold in the days leading to the gift-giving season of Diwali, the biggest Hindu holiday. Economic growth forecasts have been slightly lowered. (International Herald Tribune)

    Bankers turn therapists for wealthy in times of crisis  Oct 15, 2008
    He said that although some clients have sought assistance buying gold or other non-financial assets during the turmoil, the bank is not recommending it as a strategy. Putting money in a vault or going in one asset class is dangerous, Coucke told the Reuters summit. (India Times)

    Bullion funds, futures too worth their weight in gold  Oct 15, 2008
    While investing in physical gold, as against the option of buying jewellery which involves cost of wastage and making charges, one may prefer buying gold bars/biscuits/coins. You can be assured of purity when you buy gold from banks. (India Times)

    Greed and fear: Behind the global financial turmoil  Oct 15, 2008
    I have an aunt who loves buying gold jewelry, not because she likes to show off her wealth but because she doesn't trust putting her money in the bank. I used to rebuke her for inviting robbery but now I see her point. (Jakarta Post, Indonesia -- Editorial)

    Amid economic crisis, demand for gold and silver coins is outstripping supply  Oct 14, 2008
    "Ultimately, people who are buying gold now are doing the right thing," Mr. Schiff said. "The dollar is at risk and a lot of inflation is being created. Gold will retain its value even if they bought it at $950 or $1,000. The drop is only temporary.". (Pittsburgh Post-Gazette, PA)

    Gold, precious metals rise as commodities rally  Oct 14, 2008
    The precious metal has held up well in recent weeks as stocks sold off, with investors buying gold as a haven from risk. That position may now be reversed. (Globe and Mail -- Business)

    Grantham: Don't Get Back Into the Market Yet  Oct 14, 2008
    Instead of stocks, Faber advises buying gold in physical form and storing it outside the United States. 2008 Newsmax. (Newsmax)

    Sino Gold, Lihir Decline in Sydney Trade as Recent Gains Deemed Excessive  Oct 13, 2008
    Twenty-five of 38 traders, investors and analysts surveyed from Mumbai to Chicago on Oct. 9 and Oct. 10 advised buying gold. Five said to sell, and eight were neutral. (Bloomberg -- Australia & New Zealand)

    Hapur investors make hay in market mayhem  Oct 12, 2008
    "There's enough money. People are buying gold at Rs 14,000. Any form of loss hurts, but our greatest advantage is that we only invest from our savings. Ours is a trading community. For us, loss is not an option," says rubber trader N K Goel, an investor for 25 years now. Having made the most of the markets' upswings in the last few years, the talk among Hapur's active trading community of Jains and banias revolves around dissecting the elements of 'panic. (India Times, India -- Community News)

    Markets' message: Give us a financial rescue that works  Oct 11, 2008
    Why are people buying gold and silver. People dont know whether to put their money under the mattress or spend it as fast as it comes in. (Los Angeles Times)

    Banks: Meltdown hits the downtown  Oct 8, 2008
    Medoff was quick to say that except for long-time customers, he's only buying gold jewelry that can be sold to refineries. No one, he said, is interested in buying other items. (Hudson Sun, MA)

    Evans-Pritchard: Germany takes hot seat as Europe falls into the abyss...  Oct 6, 2008
    My question for those who advocate buying gold, what currency do you eventually convert your gold to ... Makes me relieved I started buying gold and silver 4 years ago. (The Drudge Report)

    Gold, manipulation and domination  Oct 3, 2008
    By the 1960s, many foreigners were buying gold at an artificially low price of $35 set by Bretton Woods and sold it in the black market for easy profit. The result was that the US began to bleed gold through her fiscal and trade deficits and by the increasing amount of dollars sent overseas, know as euro-dollars. (Asia Times Online)

    All that glitters welcome here  Oct 3, 2008
    Both applicants cited their interest in buying gold and melting it down as one of the reasons for the applications. Obviously this is a new trend, selectmen Chairman Colleen Corona said. (Easton Journal, MA)

    Assessing the crisis  Oct 3, 2008
    Should we be buying gold and storing it under our beds. A: That s also a tough one. (Logan Herald Journal, UT)

    Stockists sit on gold stockpile as demand plunges  Sep 25, 2008
    Krishna Nathani, MD of Chennai-based India Bullion Investor Services points out that sales during Akshaya Tritiya, which fell in May this year and is considered the most auspicious period for buying gold, was relatively lower when compared with the previous year because the price surged just ahead of the festival. If prices stabilise at current levels of Rs 13,000 per 10 gm over the next 15-20 days we could see a pick up in demand for the festival season, he said. (India Times)

    Budget insanity  Sep 24, 2008
    But the point is not that I look ridiculous dressed up as the Red Queen from Alice in Wonderland, or that everybody is lying their heads off about the government's spending deficits and ignoring the government's intellectual deficits, but that all of this deficit spending means that more money has to be created, which will create more inflation in prices, which means more money must be created, which means more inflation in prices, around and around, which is why everyone should be buying gold... (Asia Times Online)

    Gold, debt emerge as safer options in volatile market  Sep 24, 2008
    Buying gold immediately after a sudden spurt is a strict no-no, because the spike may be a temporary one with a correction lurking around the corner, explains Swapnil Pawar, director, PARK Financial Advisors. Investing in debt, though, is finding favour with experts and investors alike. (India Times)

    Greatest-ever buy opportunity  Sep 23, 2008
    And pity the guys who are not buying gold and silver in the face of such inflation, as you have to be impressed with the headline "This is the Greatest Silver and Gold Buying Opportunity of All Time" by Alex Panameno at Canadafreepress ... Now, everyone around here knows why I say that "right now is the greatest silver and gold buying opportunity of all time", and when anyone sees me walking down the street, I can hear them say to each other "Look out! There's that Disgusting Mogambo Idiot... (Asia Times Online)

    Gold may rally towards $1,000 an ounce  Sep 22, 2008
    As assets such as equities have dropped in value, and with the currency markets unstable, investors are increasingly buying gold as a haven from risk. The world's largest gold-backed exchange-traded fund, the SPDR Gold Trust, has reported a 7 percent inflow to its bullion reserves since Lehman Brothers announced it was seeking bankruptcy protection on Monday. (India Times)

    Gold: Investors cash in on rally, premiums under pressure  Sep 22, 2008
    India, the world's largest gold consumer, is still buying gold although volumes may drop after bullion rebounded more than 17 percent since hitting this year's lows. India buys more gold during the festive season, which peaks in October with Diwali, the Hindu festival of lights. (India Times)

    Wall Street's Ills Seep Into Everyday Lives  Sep 20, 2008
    One investor, Robert, a 37-year-old trader for a private-investment firm who lives in the San Francisco Bay area, lost faith in paper currencies long ago -- especially the U.S. dollar -- and has been buying gold from a mint in Perth, Australia. He keeps it stored there, ready to ship anywhere in the world at a moment's notice. (Wall Street Journal)

    The gold exchange  Sep 19, 2008
    Chris Hoffman, who owns Secondhand Rose with her husband Don, has a very specific purpose for buying gold from consumers. "We're just trying to help people make ends meet," Hoffman said. (Lodi News Sentinel, CA)

    Gold extends gains after central banks' move  Sep 18, 2008
    If they desperately need cash, they wouldn't bother buying gold at all. Recommend this article. (Globe and Mail -- Business)

    Spooky stats from the US Mint  Sep 17, 2008
    Instantly I was on my feet, shouting, "Because they are all a bunch of lying, corrupt scumbags exploiting a fiat currency and insane levels of fractional-reserve banking, which is the very reason why you should be buying gold and silver in the first place!" ... So, realizing that I am going to have to do more to impress Mr Turk, I stand up and say, "I think it is all of these, and more! So much more! Maybe even involving creatures from outer space, probably in the form of spores; and these... (Asia Times Online)

    Deployed tothe dole line  Sep 13, 2008
    So, learn to laugh by buying gold, silver and oil, and lots of all of it. The more, the merrier. (Asia Times Online)

    Robbing the poor of Jeffersonian wisdom  Sep 12, 2008
    Thus, I proudly announce in a press release that "Jim Rogers, famous investor and economic seer, says that The Mogambo Of The Twinkling Blue Eyes (TMOTTBE) is absolutely right, and that you SHOULD be buying gold, silver and oil like the greedy little paranoid rat that you are, and if you are not buying them, then you are going to be busted and miserable no matter HOW much of a greedy little paranoid rat you are!". Okay, he did not say that. (Asia Times Online)

    Pride in acting like a pawnshop  Sep 6, 2008
    But the lesson is not about how women react violently to salacious, smelly old men making obscene suggestions while they are trying to do a little shopping at the mall, but about how you should be, like pawnbrokers over there and pawnshops of over here, buying gold and silver. And while I have never, to my knowledge, recommended that people "act like pawnshops", I will note that they are accumulating gold, and so the advice seems like good advice, as opposed to my Usual Mogambo Crappy Advice... (Asia Times Online)

    U.S. Plays Weak Hand Against Russia With Economic Prestige On The Line  Sep 6, 2008
    By buying gold (perhaps with its jettisoned dollars) and restricting production, Russia could send the price of gold soaring, thereby destabilizing paper currencies around the world. Some critics may argue that Russia would never pursue such policies, as their own citizens would suffer equally. (Investors Business Daily)

    Lightening the mood with a deflator  Sep 5, 2008
    The upshot is that the captive "investors" of these institutions are getting scared, although if you walk up to one of these self-professed "scared" guys and ask, "Hey, do you have a bunker in your backyard?" they will say "No"; and if you ask, "Hey, are you packing heat?" they say, "No"; and if you ask them, "Hey, are you buying gold, silver and oil with every freaking bit of money that you can get your grubby little mitts on as a defense against the monetary madness of the Fed and the other... (Asia Times Online)

    Asian investors buy gold on dips  Sep 5, 2008
    Investors were also shaken by sharp falls in equities, prompting them to shift to dollars while pulling funds out of risky assets, including precious metals, but Asian bargain hunters were detected buying gold on dips. "Gold started lower in Asia, falling near $US790, but around the level we are seeing a big amount of physical gold buying from Asian players,'' said Yuichi Ikemizu, managing director at Standard Bank in Tokyo. In late trading, gold was at $US798.10/799.30 per ounce, down from... (Sydney Morning Herald -- Business)

    Silver stats to salivate over  Sep 4, 2008
    No, the point is that you would be buying gold, silver and oil if you had any smarts, or even a vague, passing familiarity with the entire historical record of what happens when a government is so corrupt that it deficit-spends, and especially when it compounds its folly by paying for it with the creation of a fiat money. And it is doubly especially about how you would be buying gold, silver and oil when the state and local governments do the same borrow-and-spend-o-holic thing, and triply... (Asia Times Online)

    Sewers of gold  Sep 2, 2008
    Fewer customers are now buying gold than before, even though no Bangladeshi wedding is truly complete without gold jewellery for the bride. People are already worse off because the price of their staple food, rice, has doubled in the past year, and fuel costs have soared. (BBC News -- South Asia)

    Gold makes glittering comeback  Aug 29, 2008
    "Ten days ago, the price was Rs 11,300 and retail outlets recorded consumer demand many times higher than that witnessed during 'Dhanteras', the first day of Diwali, or 'Akshaya Tritiya', when buying gold is considered auspicious," said Suresh Hundia of the Bombay Bullion Association. India, the world's biggest buyer of bullion, is also set to increase its gold imports for the first time in nearly 12 months, analysts told TOI. Given that the first half of 2008 saw volatile gold prices driving... (India Times, India -- Intl Business)

    Retirement wake-up call  Aug 28, 2008
    Around here, retirees are going back to work because they found that if they stay home then I will be calling them on the phone all day and berating them for not buying gold, silver and oil in response to the fiscal and monetary insanity that has infested this country, and then I would actually go over to their houses and continue yelling at them through closed and locked doors, and then they would turn the volume up on their TVs, and I would yell louder, and it's back and forth, back and forth,... (Asia Times Online)

    Profits hit with an ugly stick  Aug 26, 2008
    Okay, I will say one other thing; if you are not buying gold, silver and oil in a fit of terrified self-preservation, to the exclusion of everything else including back-to-school clothes for your stupid kids that make them look like mental defectives and cost a fortune, then you are almost certainly making the biggest mistake of your life. Well, maybe the second-biggest mistake after deciding to have the damned kids. (Asia Times Online)

    Double-count magic  Aug 23, 2008
    And to make sure I got this straight; you are NOT buying gold, silver and oil in self-defense. Hahaha. (Asia Times Online)

    BPOs to poularise bullion sale  Aug 16, 2008
    MUMBAI: Buying gold could soon be as easy as ordering a pizza over the phone. The state-run trading agency MMTC, one of Indias largest importers of bullion, is scouring for BPOs to help sell its silver ware, gold and silver medallions. (India Times, India -- Intl Business)

    Gold plummets amid stronger dollar, oil decline  Aug 16, 2008
    said she would "definitely" be more interested in buying gold jewelry if the price goes down. But her daughter, Lisa Digiulio was not even remotely interested. (Anchorage Daily News)

    Sterling continues to lose ground  Aug 15, 2008
    Investors had been buying gold and oil to protect against dollar weakness, but they are now unwinding their positions. The euro was trading as low $1. (BBC News -- Business)

    The US dollar on Roman steroids  Aug 14, 2008
    Thus, with a sigh of relief, their glowering presence outside the Sturdy Mogambo Bunker (SMB) means that the lesson to buy gold when the government is acting like collectivist morons is, finally, learned, albeit too late to help any of those moron halfwits who heard me tell them a zillion reasons to be buying gold, silver and oil, but who just looked at me like I was speaking Martian moon-language or something, which I was certainly NOT doing, because I never, ever want to go to the Martian... (Asia Times Online)

    South Africa: Miners Battered By Dive in Gold Price  Aug 13, 2008
    Vayej said investors would be quite brave to start buying gold and platinum shares at present, though valuations were supportive at these levels. But for local gold companies, the long-term trend was one of declining production, which had not yet been matched by a decrease in fixed costs. (allAfrica.com)

    THE OUTSIDER: An idiot's guide to running a country on a shoe-string budget  Aug 6, 2008
    A poor mother struggling to take care of her children will never think of buying gold jewellery or the latest GTP Hollandaise. In the same manner, if you are running a country on a shoe-string budget it should never cross your mind to buy gold medals to bling yourself out. (Ghana Web, Ghana)

    All that glitters  Aug 1, 2008
    "I'm buying gold pieces that I would not reuse, just melt and turn them into other jewelry or turn them into money myself," he said. "And then I'm seeing some very beautiful gold jewelry come out of the woodwork, and I love seeing that stuff.". (The Palm Beach Post)

    Tyco Electronics Toughens Up  Jul 31, 2008
    Tyco has been hit hard by high gold prices because it has been buying gold at spot prices for use in the manufacturing of its connector products. Harrison rates Tyco a "buy" and has a $43 price target on the company. (Forbes -- Markets)

    Nothing but pain  Jul 30, 2008
    You are saying to yourself, "Hey! That sounds a lot like what the Stupid Loudmouth Mogambo (SLM) is always yammering about, right before he starts getting hysterical about how it is all caused by the Federal Reserve creating too much money and credit, and proceeding from there to heaping justified insults on Congress (except Ron Paul), most of the Supreme Court, the United Nations, all foreigners and malevolent alien beings from outer space who are here to undermine the system prior to conquest... (Asia Times Online)

    Diversify Beyond Stocks And Bonds  Jul 28, 2008
    A little more than a year ago, we saw a large uptick in the number of our customers who were inquiring about buying gold in their self-directed retirement plans. These investors proved prescient, as the yellow metal climbed by roughly 50% since then. (Forbes)

    Gold Council alters strategy for India  Jul 24, 2008
    "The advertising creative will focus on how gold enhances our lives and combines an emotional rationale for buying gold with an inspirational product message, highlighting specific pieces and where they can be purchased," says Madhumita Dutta, head of marketing and development, WGC. "It will serve as an umbrella for all messaging on gold and will employ a series of 'gold truths'.". Courtesy: Times of India. (India Times)

    Little Direction  Jul 24, 2008
    Forbes on gold: Frank Holmes, a fund manager at U.S. Global Investors, recommends buying gold to hedge against the declining value of the dollar. Modern Marvels: A look at the history of coin-operated machines. (SmartMoney)

    Portsmouth shop specializes in silver and gold  Jul 24, 2008
    Both Pechners agree that buying gold and silver is one of the safest ways these day to invest, and that it is fun. "You can wear your investment, if you like," Allan said. (Seacoast New Hampshire)

    The power of the Chinese credit card  Jul 23, 2008
    " And that almost certainly means that the bull market in gold and silver is far from over, too, which is going to be sweet to those buying it for a long, long time! Whee! The Mogambo sez: So I say to the bartender, "If you are not buying gold, silver and oil to protect yourself against the fall in the purchasing power of the dollar caused by the Federal Reserve creating so much money and credit, then you are an idiot. " And to let him know that I am a very discerning kind of guy who knows what... (Asia Times Online)

    A Bull-ion Gold Survey  Jul 21, 2008
    Fourteen of 25 traders, investors and analysts surveyed from Mumbai to Chicago on July 17 and July 18 advised buying gold, which fell 0. 3 percent to 958 an ounce last week. (New York Post -- Business)

    Credits in aswirl of insanity  Jul 13, 2008
    So, if I understand this correctly, demand for gold is so high that it has driven the price up, so Indians are not buying gold every freaking day of their lives as part of some elaborate rupee-cost-averaging scheme, even though they can pick up a freaking newspaper any freaking day of the week to see that money supplies of the world are rising every freaking day of their lives, now at somewhere around 20% or more a freaking year, which means that inflation is going to freaking roar every day of... (Asia Times Online)

    To hell in a currency basket  Jul 13, 2008
    So, instead of being even MORE belligerent and calling them worse names, I get right to the point as to what they should be doing, being as polite as possible under the circumstances: "You should be buying gold with every freaking dime, you morons!". Oops. (Asia Times Online)

    * TAIEX nosedives to five-month low  Jun 28, 2008
    Lim suggested that investors diversify their portfolios to hedge risks by buying gold, commodities and oil-related financial products. Additional reporting by AFP. (Taipei Times, Taiwan)

    Economics to scare the kids  Jun 27, 2008
    They are jealous and envious that I am smart enough to be buying gold and silver with every dime I can get my hands on (well, I would if I could get my hands on an extra dime these days. in response to the preposterous monetary policies of this country and the world, but they are all so stupid that they are NOT buying gold and silver in response to the blatant idiocy that is Modern Monetary Economics, which is so stupidly dangerous that even little children immediately see that it is total crap.... (Asia Times Online)

    Too much for a fiat currency  Jun 24, 2008
    Sort of like buying gold and silver, but messier. Stick with silver and gold. (Asia Times Online)

    Nothing tobe done  Jun 21, 2008
    I was in the middle of one of my better bitter rants about the despicable US Federal Reserve creating too much money and credit, and the equally despicable Congress that lets them do it, and I was really cooking about how only the biggest idiots in world history are not buying gold and silver in response to such profligacy, and how I support legislation that would require adults who do not own gold and silver to have their foreheads tattooed with the words "Me stupid" so that everyone would know... (Asia Times Online)

    Gold feverInvestors see gold as a safe haven, though prices are volatile  Jun 13, 2008
    While more people are buying gold for its investments properties, for most people, buying gold still means buying jewellery ... "Buying gold is an important part of the culture and lifestyle," says Tawhid Adbullah, managing director of jewellery group Damas. (BBC News -- Business)

    Merkel backs Bush on Iran sanctions  Jun 12, 2008
    Iran has begun transferring billions of dollars from European banks to Iranian and Asian banks and buying gold and equities, apparently to protect its oil revenue from any new sanctions, according to reports in the Iranian media. The deputy foreign minister for economic affairs, Mohsen Talaie, was quoted as confirming the shift, saying, "We decided to exchange our foreign assets to increase our security.". (International Herald Tribune)

    Containerized horror  Jun 7, 2008
    You want to know how in the hell you can afford to buy anything if prices are raised another 15% just for transportation costs, and if things are as bad as I say, why aren't people screaming mad, barricading themselves in their homes, putting "no trespassing" signs all over the yards and buying gold and silver. Well, as to the first question, I rudely reply that I don't expect you to buy anything since I can't afford to buy anything, either, you greedy, self-absorbed little snot; and furthermore... (Asia Times Online)

    Newly redeemedAs banks get choosy about lending, pawn shops fill the gap  May 27, 2008
    Hn buying gold from customers in 2007 and it has become a lucrative part of its business. Stigma. (BBC News -- UK)

    Losing shine: Gold Q4 demand dips 50%  May 21, 2008
    Analysts and those who dealt in this precious metal thought that Indian buyers did not really mind buying gold even when prices rose. But recent data released by World Gold Council (WGC) could help change that perception. (India Times)

    Gold sales dip by 11 pc during Akshaya Tritiya  May 18, 2008
    Akshay Tritiya, which was celebrated this year on May 7 and 8, is considered an auspicious day for buying gold. However, in value terms, sales registered a growth of 19 per cent owing to higher price of gold compared to last year. (Hindu)

    The economic sky has fallen  May 17, 2008
    In that regard, if you are, again like me, buying gold, silver, oil and commodities in general so that we can be able to buy food no matter how pricey it becomes, then we will be okay, but everybody else will be hungry and whining, especially since The Financial Times reports that "a chart from Morgan Stanley of agricultural prices over the past century shows that in real terms, prices are nearer the bottom of the range than the top.". And perhaps as a glimpse at our future, Bloomberg. (Asia Times Online)

    'Unemployed' now a valid job description  May 14, 2008
    I am always interested in things that use "always" to describe them, which I have learned the hard way, such as "People always get upset when I tell them that they are stupid because they are not buying gold, even in response to Alan Greenspan of the Federal Reserve destroying the dollar by creating so much of them, so that the damned government can spend us into bankruptcy, and then they REALLY always get upset when I say that their stupidity has doubtlessly been passed along to their ugly,... (Asia Times Online)

    Indians and NRIs partners in crime  May 13, 2008
    The other method is buying gold and bringing it to India. No wonder huge gold markets or 'souks' have come up in these countries. (India Times)

    How to maximise returns in bullion market?  May 12, 2008
    Also, investing in shares of gold mining companies as against buying gold bullion/ ETFs provides you an opportunity to benefit from the growth potential of equities and also the strong fundamentals of gold. Also read. (India Times)

    Business Briefs  May 12, 2008
    Nymex Holdings share- holders will approve its planned sale to CME Group because the trans action (New York Post -- Business)

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