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Gold and Silver mid-December update

  
Sunday, December 18 2011 @ 11:57 AM EST

GoldBank of Korea Says It Boosted Gold Holdings
The South Korean Central Bank, which is the world's eighth largest holder of foreign reserves, added 15 metric tons of gold last month, boosting its holdings to 54.4 tons.

Silver Price: Sprott Hatches an OPEC for Silver Industry
Eric Sprott asks silver miners to start holding on to their silver output for when the price is more "fair".

Shop owner drops special gold coins in Salvation Army kettles
The owner of Frederick Coin Exchange drops off five 1-ounce South African gold Krugerrands in five red kettles.

Buy Silver! Buy Gold! Buy Now!
Are the actions of governments, central banks and the large multi-national banks telling us to buy gold and silver?

You Can’t Print More Gold
Its easy to print money, even easier to create digital money, but gold (and silver)...not so much.

The Gold "Rehypothecation" Unwind Begins: HSBC Sues MF Global Over Disputed Ownership Of Physical Gold
Is this the start of the unwinding for paper gold? Add hypothecation to your vocabulary.


   
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