Archive for February, 2011

Gold scrap scarcity hobbles Indian refineries

Gold Refineries’ Operating Capacity Declines
By Dilip Kumar Jha
Business Standard, New Delhi
Sunday, February 27, 2011
http://www.business-standard.com/india/news/gold-refineries/-operating-c…
MUMBAI — The operating capacity of domestic gold refineries reached alarmingly low levels due to scarcity of scrap. Currently domestic gold refineries are operating between 25-30 per cent of their installed capacity as against 35-40 per cent around the same time last [...]

Paper metals markets will blow up, Rickards tells King World News

11:53a ET Saturday, February 26, 2011
Dear Friend of GATA and Gold (and Silver):
Market analyst Jim Rickards today gives a wide-ranging interview to King World News, remarking, among other things, that the oil market is heavily manipulated by governments, that governments use the paper gold markets to quash the gold price, that the International Monetary Fund [...]

Haynes and Norcini review metals’ week at King World News

11:05a ET Saturday, February 26, 2011
Dear Friend of GATA and Gold (and Silver):
In the weekly precious metals review at King World News, Bill Haynes of CMI Gold and Silver says he’s confident that the precious metals will keep working higher over the long term, and JSMineSet.com analyst Dan Norcini remarks on how quick the dips [...]