In the above video, the Wall Street Journal’s Rhiannon Hoyle is interviewed about her report that “Investors are loading up on gold and silver coins in what some say could be an early sign of a rally in precious-metal prices. In this case, individual investors may be ahead of professionals.”
Sales of American Eagle gold bullion coins almost doubled from December to January, according to U.S. Mint figures, with 127,000 ounces sold in January compared to 65,500 ounces in December 2011. And January sales of Silver Eagles reached 6,107,000, more that three times the 2,009,000 sold in December 2011.
Dow Jones: Dollar declines send gold near 2-month high
Marketwatch: Gold closes 0.5% higher on positive market sentiment; silver gains 1.6%
Reuters: Gold keeps up rally after best January in 32 years
SafeHaven: The next 17 months for gold
Bullion Street: Silver off to perfect start with 20% gain in January
David Morgan: Silver in the next decade
The Gold Report: James Turk: Great deals on gold and silver
Beacon Equity: Hey silver bugs: Is James Turk off his rocker?
Zero Hedge: PIMCO’s Bill Gross: Why gold is becoming the default “store of value”
Benzinga: Central bankers weaken their currencies, boost gold
Mineweb: China enhances position as world No. 1 gold producer – but where’s it all going?
Daily Reckoning: Gold in the face of Facebook
Bruce Krasting: The CBO report – OMG!
Gary North: Ben Bernanke: The official counterfeiter
Of Two Minds: Our counterfeit economy