India Announces Gold Discovery in Uttar Pradesh

Indian government officials said on Saturday that India had discovered gold deposits with reserves of more than 3,000 tons in Uttar Pradesh, India’s most populous state. India is the world’s second-largest consumer of gold, withdrawing two to three tons of gold each year, and relying on expensive imports to meet almost all local demand. Over the past decade, India has averaged 843 tons per year.

Gold Rises Sharply Due to Wuhan Pneumonia Fear

World gold prices continued to rise in light of worry about the Wuhan pneumonia epidemic spreading worldwide. In the session on January 28, the world gold price increased by 0.6%, to $1,580 an ounce. This is the highest level in the past three weeks. Investors often look to gold as a safe haven during uncertain times. Thus, the current outbreak of coronavirus has been widely thought of as the reason for the gold price increase.

Gran Colombia Gold Bonds, Short Term, High Yield, Unique Fixed Income Investment, Yielding 14% YTM

Once in a great while you find or learn something that is so unbelievably good, that you have to hear or read it over and over again, often from different sources or perspectives, before the truth of it actually starts to sink in and really make sense.  Perhaps it’s that initial bewilderment that has served to curb much of any demand from the fixed income markets for this otherwise “golden” opportunity. Fortunately, this is great news for those that eventually arrive at a deeper understanding of why these Gran Colombia Gold bonds are so darn good… and it is why these bonds are well deserving of overweighting in our high performing FX2 fixed income portfolios.

Sensational Declassified NKVD Documents – Stalin’s Secret “Androgen” Lab

A sensational discovery has been made of Stalin’s secret Androgen lab in the village of Kraskovo, Russia. New declassified  documentation was made public last week by Igor Sokolov.

On February 2, 1933, the Androgen lab was created by Stalin’s executive order. Alchemists were tasked with finding a recipe for an elixir of immortality, to give Stalin and his colleagues eternal life. They were also tasked with producing gold (based on alchemy) to be used as trade currency.

Should You Invest in Silver? Is Now a Good Time to Buy?

Precious metals have always been a popular investment among those looking for a hedge against inflation or for a way to decrease the volatility of their portfolios. Although silver is not commonly seen as a high yield investment, it can actually be quite profitable. If you bought silver in July of 2009, when it was worth around $13 an ounce, and sold it in April of 2011, when it was worth $47 an ounce, you would have pocketed a 260% return on your investment over 21 months.

Gran Colombia Gold Bonds or “Gold Notes”, Short Term, High Yield, Fixed Income Investment, Yielding 8% YTM

Beyond Belief… this may be the most fascinating debt instrument we have ever reviewed.

Rising with the price of gold, the cash flow and yield of Gran Colombia Gold’s senior secured “Gold Notes” appears to be headed straight into the land of unbelief.  Perhaps what we see here is either wrong… or something in this picture seems to have quietly escaped the attention or the view of most other investors in the high yield bond market.  Granted, this is not a straightforward and easily understood issue because of the quarterly interest boost linked to its amortized quarterly redemption of principle when the price of gold is higher 1250 per ounce.  However, it is precisely this “hard to be understood” feature that is driving its current push into the land of dreams.

Gold Moves Up Big; Is This the Beginning of a Monster Move, or a Dead Cat Bounce?

First, why is gold moving up?

We talked with experts and they explain the dollar is weakening. They are pricing in rate cuts they expect to U.S. interest rates. Donald Trump lashed out at the Federal Reserve, comparing it to ‘a stubborn child.’ He and the stock market are pushing for lower rates. As rates appear to be going down, gold historically moves in the opposite direction of U.S. currency. This downward push in dollars is pushing gold up.

Is gold being pushed out by cryptocurrencies?

Is the Economy Slowing? A Few Indicators Are Saying Yes.

  1. Interest Rates: The 10-year Treasury is hitting around 2.08%, down from 3.25% just three months ago.
  2. Oil is down around $53 per barrel. Down from about $65 in April.
  3. Industrial Production has hit multi-year lows.
  4. Gold and the dollar are moving up.

These four indicators have many forecasting both a tougher time ahead and a rotation into safe havens.  The central focus of concern is the trade wars with China and the new tariffs with Mexico.

A Golden Opportunity with Monthly Paying “Gold Notes” from Gran Colombia Gold, Over 8% YTM, Mature April 2024

This week, Durig Capital reviews the largest underground gold and silver producer in Colombia.  Gran Colombia Gold has staged an amazing transformation from just a short three years ago, when Durig Capital began to carefully follow this issuer.  After completing a well-timed and skillfully crafted restructure of its balance sheet early in 2018, the company has consistently continued to smash its production targets, and has once again impressed us with its most recent results for the fourth quarter and full-year 2018.

Gold Rising as Equities and Real Estate Fall; Which Will Prevail?

Is the Stock Market Going Up or Down? Lets Break Down Some Components.

Brexit: May’s Deal That No One Likes

Nasdaq After 2 years of Growth Now in Correction Territory; Where Do We Go?