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  1. Gold lacks lustre and is worth little more than the trinkets it makes

    Posted Sep 20th 2005, 12:00am by Jake Van Der Kamp

    ... in the fact that it is lustrous, malleable and does not rust. These were rare properties thousands of years ago, particularly in combination, and deservedly made gold a precious metal. But things have changed. Today, even the catch above the zipper on my trousers is lustrous, malleable and does not rust. Gold is no longer special. There is no longer such a thing as a precious metal. They are all ...

  2. Gold's return anything but precious for investors

    Posted Mar 18th 2008, 12:00am by Jake Van Der Kamp

    ... For the modern world, however, gold's time is past. There is no such thing any longer as a precious metal. Buying gold is a gamble, at best a speculation, but certainly not an investment. It's ... and Peruvian stocks, too. And why keep it to stocks? As the table shows, a number of dross metals such as lead, nickel and copper have also done much better than gold over this period. So have soft ...

  3. Surging gold forecast to see more gains

    Posted Dec 09th 2003, 12:00am by Staff Reporter

    ... the precious metal upward. 'The US dollar weakness and investor or speculator interest drives our bullish gold outlook,' said Simon Kendall, a UBS analyst based in South Africa. He forecast ... in other currencies. But another positive factor was that the precious metal was expected to outperform all other foreign currencies next year as inflation resurfaced along with the global economy ...

  4. Schroders unveils gold, metals fund

    Posted Jun 20th 2008, 12:00am by Nick Westra

    ... through futures contracts. The Schroders Alternative Solutions Gold and Metals Fund will start with a nearly even split between its exposure to precious metals and industrial metals. More than 60 ... the precious metal's recent price spike may have just been a prelude to bigger rises. 'You could easily see over the next several years that prices rise not to US$1,000 an ounce, but prices ...

  5. Sky's the limit for gold

    Posted Jan 03rd 2012, 12:00am

    ... Investors usually turn to precious metals when the equity market is in turmoil. It's considered a safe haven not only by retail investors but also financial institutions and fund ... around the world and growing demand from China and India,' says Jeffrey Nichols, managing director of American Precious Metal Advisors. He was speaking at a seminar co-hosted by the Hong ...

  6. Bank seeks US$100m for mainland plays

    Posted Dec 01st 2004, 12:00am by Enoch Yiu

    ... invest in mainland gold mines and other precious metal producers. William Lam Ka-chung, the chief executive of the group, said: 'The weak US dollar provides a good growth potential for the price of gold. This is the right time to launch a precious metal fund.' Mr Lam said the company's investment banking business was involved in preparing five IPOs, each hoping to raise ...

  7. Gold exchange opens trading to individuals

    Posted Nov 22nd 2008, 12:00am by Staff Reporter

    ... Daniel Ren in Shanghai The mainland has approved individuals buying gold bullion directly on the Shanghai Gold Exchange amid increasing demand for the precious metal as an investment safe ... in deregulating trading of the precious metal. In January, the country launched gold futures on the Shanghai Futures Exchange. For centuries, the Chinese have viewed gold as a symbol of fortune and glory. ...

  8. Property agents join hunt for dirty cash

    Posted Aug 22nd 2003, 12:00am by Ella Lee, Stella Lee

    ... group decreed that the duty to report suspicious financial transactions should be extended to property agents. Others affected include casinos, dealers in precious metals and stones, lawyers, ... for dealers in precious metals and stones of about US$15,000. The Narcotics Division spokesman said the details of the new measures, including whether there was a need to introduce related ...

  9. Shanghai gold futures trading opens but stringent rules draw flak

    Posted Jan 09th 2008, 12:00am by Staff Reporter

    ... at Mitsui Bussan Precious Metals in Hong Kong. 'Gold is big news these days with prices hitting new highs, so of course it's a very good time to come out with a new contract. But everyone ... market,' said James Moore, a British precious metals analyst with TheBullionDesk.com. The timing could not be better as the precious metal grows in value and popularity during uncertain times. Gold ...

  10. Investors see a glittering future

    Posted Nov 23rd 2007, 12:00am by Louis Beckerling

    ... Inflation fears coupled with volatile currency and equity markets restore confidence in the precious metal, writes Louis Beckerling Gold is back in favour among investors concerned ... (ETFs) and similar products. Added backing to gold's strong performance came this month from the Precious Metals Equity Index, which is run by funds monitor Morningstar. It showed the index ...




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