• Is Ted Butler’s Silver Panic Imminent? Apple Contractor Claims New iMac Production Delayed Over Silver Shortage!

    Silver expert Ted Butler has long predicted and awaited an eventual industrial shortage of physical silver, and a resulting panic silver buying that terminates the bullion bank cartel’s manipulation of the silver market. Butler may be about to be finally proven correct, if an Apple contractor is right that Apple has delayed production on the new 27” iMacs over an industrial silver shortage in China.With the US Mint sold out of Silver Eagles and production shut down for the 2nd time in 2 weeks, and shortages of nearly all retail silver products rapidly developing along with spiking physical premiums, it appears that a widespread retail, and perhaps industrial physical silver shortage is developing and escalating by the hour.
    Posted on GPS Gold & Silver News
  • Gold, silver surge on firm demand

    Gold prices recovered smartly at the domestic bullion market today on renewed off-take by stockists and investors on the back of higher global cues.Silver also jumped on heavy speculative demand and higher industrial buying.Standard gold of 99.5 per cent purity rose by Rs 140 to finish at Rs 30,540 per 10 gm from Monday's closing level of Rs 30,400.Pure gold of 99.9 per cent purity climbed up by Rs 155 to close at Rs 30,690 per 10 gm from Rs 30,535.Silver ready (.999 fineness) spurted by Rs 690 to conclude at Rs 59,080 per kg as compared to Rs 58,390 previously."Good low-level local buying supported the yellow metal," dealers said.At the global front, gold traded higher on US Federal Reserve comments over the Central bank's continuance of monetary stimulus as well as concerns of stability in American financial system.In Europe, spot gold was bid up at USD 1,680.49 an ounce in early trade and silver was bid higher at USD 31.29 an ounce.
    Posted on GPS Gold & Silver News
  • Gold up more than 0.4 pct on stronger Chinese data, improved risk appetite

    Gold rose in Thursday morning trade in Europe, boosted by strong Chinese data and improved investor sentiment.Spot gold was quoted at $1,663.14/1,663.95 per ounce, up $7.39 on Wednesday’s close. Trading has been steady – the metal has held in a $10 range this morning.The metal has fallen to its lowest since mid-August at $1,625.95 on Friday after the minutes from the recent FOMC meeting raised concerns that the US Federal Reserve could end its quantitative easing (QE) programme by the end of the year.Since then, though, the Chicago Board Options Exchange Volatility Index (VIX) – known as the ‘fear index’ – hit a five-and-a-half year intraday low of 13.2 points on Wednesday before moving higher, with investor sentiment improving and the value of equities rising.The index had dropped around 40 percent over the previous six days to its lowest since June 2007 although it had rocketed higher to more than 23 points at the end of 2012 before the fiscal cliff was resolved.In the Chinese data, its trade balance at 31.6 billion yuan in December beat both the forecast of 20.1 billion yuan and November’s 19.6 billion yuan.
    Posted on GPS Gold & Silver News
  • Gold Outlook: 2013 and Beyond

    Gold’s Outlook in 2013 After Rising In All Fiat Currencies In 2012• Introduction – Gold’s Gains In All Fiat Currencies in 2012• Much of Gold’s Gains in 2012 On 11% Price Gain in January 2012• Japanese Yen Shows How Gold Protects From FX Devaluations• Food Inflation Risk As Wheat and Soybeans Surge in Price• Currency Wars and Competitive Currency Devaluations• Gold Remains Historically and Academically Proven Safe Haven• Conclusion – Gold in 2013
    Posted on GPS Gold & Silver News
  • Twenty Reasons to Buy Silver for the Long-Term

    I believe that silver could go to $60 per ounce from today’s price of just $30 by the end of 2014. That would be double from today’s current prices in just a little over two years! I also believe silver will be the best single investment of this decade. The following article is focused on why I think that you should seriously consider having a significant percentage of your investment portfolio in silver.Many gold investors deride silver as the "poor man's gold" because of its low relative price to gold. They also don't like the fact that it because it is used primarily as an industrial metal it can be negatively affected by a cyclical downturn in the economy. This is opposite of gold which is viewed almost entirely as a precious metal. Many years ago, the silver market was so oversupplied because there were huge artificial inventories of silver. This was because the US took currency (coins) out of circulation due to its physical silver content. Because of this artificial situation, huge surpluses hung over the market until these excess inventories were depleted. This led to silver prices crashing as low as $2 and then traded around $5 for years. Because silver had so decoupled from the price of gold during this period, it began to be thought of as just another industrial metal and not a precious metal.There are still skeptics who think of silver as just another industrial metal. However after a 600% rise in price from $5 to $30 since 2003, it has begun again to be viewed as a precious metal. I think that silver has only completed about fifty percent of that process. As this transformation continues there will be additional significant moves higher in price. That will attract more investors to silver again until it once again retains its true status as a precious metal.
    Posted on GPS Gold & Silver News
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Testimonials ( 21 )

Review By Kit
Bought my first silver bar from Billy. Good and trustworthy seller. Will definitely recommend.

2014-02-22 11:59:31
Review By Zhiqiang
Very honest seller. Good recommendation from billy as we'll. will sure return to purchase more.

2013-12-02 22:29:53
Review By Kim Teo
Even though I just bought a 100g PAMP Gold bar, this guy, Billy, is very friendly. Definitely not a biased seller. I will for sure, be back and get for more.. Cheers Billy..

2013-10-27 08:24:39
Review By Allen
My first transaction with GPS makes me feel sincerity from Billy. Explanation of the product bought and without a thought, a thoughtful man looking into the need of the buyer. GPS is a recommended place if you intend to start your commodity collection. For sure i will.

2013-06-15 16:55:41
Review By Alizah Abdulla
I've just purchased the 5grams pamp Suisse fom Billy yesterday, it was a great pleasure to know u. Service was excellent shall return for more.

2013-05-13 17:09:33
Review By Alizah Abdullah
I've just purchased the 5grams pamp Suisse fom Billy yesterday, it was a great pleasure to know u. Service was excellent shall return for more.

2013-05-05 12:47:23
Review By Lim Even
Started my precious metal investment collection diversification plan about 9 months ago and approached Mr Billy from Gold Price Singapore, had enriched my knowledge and belief in continue month after month. with the current dip in metal prices, presented to us an golden opportunity to enter and acquire more in our wealth creation for the future. GPS is pro-active, dependable and professional in services rendered and I hope they can incorporate some form loyalty membership plan for us as investor as partners to benefit from some form of discount benefits. I am one very satisfied customer of Gold Price Singapore and look forward for better deals in near future.

2013-04-19 20:31:48
Review By Michael Chua
I had just purchase some gold from billy today.he is very trustworthy and friendly. He called me again for some cash refund as I leave his office. Will definitely return again..

2013-04-19 02:40:55
Review By Mr. Lee
Trusted Gold & Sliver Authorized Dealer.Fast Transaction with Positive SSL Certificates.With Gold/Silver 24-hour Spot Chart.100% Highly Recommended.Will definitely be back with more order :)

2013-04-18 23:24:25
Review By HAIRI
Billy was very accomodating. I'm happy with my purchase. Will definitely return again though i'm staying on the other side of Singapore. Thanks Billy, n sorry to disturb during ur kopi time. See ya

2013-04-04 23:05:15
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