Nevada’s Gold Production Down in a Big Way

With the most recent data out by the USGS, U.S. gold production declined substantially year over year from its number one producing state, Nevada.  According to the statistics, Nevada’s gold production declined a whopping 9% in the first three months of 2013 compared to the same period last year. Furthermore, total gold production from the…

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GOLD CONTINUES TO BLEED FROM THE COMEX

As the paper price of gold falls even lower due to market manipulation, gold continues to bleed from the COMEX Warehouse stocks.  Today, another 156,310 ounces were removed from the Customer inventories.  What is even more interesting is how much gold has been removed from the COMEX since the beginning of the year. If we…

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Step Aside India, China will Buy that Gold

As the Indian Government exercises additional steps to curtail gold imports into the country, China plans to take up the slack by becoming the largest gold consumer in the world in 2013.  Already, Indian gold imports are starting to decline. According to the Bloomberg article, Gold Imports by India Seen Tumbling as Curbs Boost Titan’s…

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