According to a recent ]]>Financial Times]]> article, China has agreed a Rmb70bn ($10.24bn, £7.18bn, €7.76bn) currency swap with Argentina that will allow it to receive renminbi instead of dollars for its exports to the Latin American country.
Gold demand is breaking previous records as investors turn into precious metals as a protection against bank failures and economic uncertainty.
As the following chart of World Gold Council shows, those holding hold should feel very satisfied with their choice.
Although Jewellery and industrial consumption have gone down pressured by the declining global economy, the gold demand for investment purposes almost double from 2007 to 2008.
According to a recent press release by the World Gold Council, the demand for gold pushed trough US$ 100 billion during 2008. With the backdrop of the global financial crisis, investors moved into safer investment instruments, turning to gold and cash as fears of bank failures spread across the globe.
]]>Pan American Silver Inaugurates Its Manantial Espejo Silver and ...]]>MSNBC(TSX: PAA)(NASDAQ: PAAS) is pleased to announce today that it has celebrated the official inauguration of its Manantial Espejo silver and gold mine in the southern province of Santa Cruz, Argentina. The Company also provided an update on operations at ...
]]>Mali sees 2009 gold output down 13 pct at 46 T]]>Forbes, NYBAMAKO, March 16 (Reuters) - Mali, sub-Saharan Africa's fourth-biggest gold producer, expects its gold output to fall 13 percent this year to 46 tonnes, a mines ministry forecast showed on Monday. Gold output in 2008 was 52.87 tonnes, down from 56.75 ...
For the past seven years we have been selling silver and gold coins on eBay becoming a recognized ]]>PowerSeller]]>.
We are moving our gold and silver business to this new web location to be able to provide a higher level of service to our distinguished customers.
Unlike other web sites, the techonology on this web site allows us to adjust the price of the bullion based on the spot price, so you never have to pay more!
Of course, you can still buy from us at ]]>eBay]]>, or in our traditional store location in Boca Raton, FL.
