South African Gold Bullion Mines

Friday, July 30, 2010

Gold bullion mines play an important role in the South African economy. South Africa had been acknowledged as the largest gold producer in the world for nearly a hundred years, only recently being knocked off the top spot by China in 2007.

South Africa is a mineral rich country also renowned for its diamond mining. Gold bullion was originally discovered in Witwatersrand which gave rise to the first South African gold rush in 1886. Since then the gold mining industry has grown from strength to strength with over 95% of mines being located underground.

With the current trend by investors and banks to buy gold bullion as a safe haven for assets, gold mines globally have increased production to supply the ongoing demand. South Africa is no exception and with mines reporting strong profits gold bullion mining in South Africa remains strong.

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Gold Bullion Gadgets

Friday, July 30, 2010

The attraction of gold bullion has remained strong for centuries. Seen as a symbol of wealth, power and status it is not surprising that with the current enthusiasm for gold products we have seen an influx of gold bullion gadgets on the market.

From an affordable price tag to ridiculously expensive if you want to buy gold gadgets there is a huge range to chose from. How about a gold bullion door stop or a gold plated computer mouse. A 24-c gold plated X box or an 18-c iPod shuffle will keep you entertained. If money is no object a gold plated Porsche is pretty impressive.

Gold products will always attract those wishing to impress friends and colleagues. Whether you think they are crass or you just want to add a touch of bling to your life, demand for gold gadgets is on the rise.

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Gold Bullion as an Investment

Thursday, July 29, 2010

Following the repercussions of the recent global economic crisis and the continuing financial uncertainties, buying gold bullion remains a popular form of investment.

Historically gold bullion is regarded as a safe haven for assets against economic, social and political crisis that affects the financial market. Gold is often considered as a form of currency especially in the current climate with a fluctuating US dollar and the possible devaluation of paper currencies.

Physical gold bullion is available as gold bullion bars or coins. Bars can be purchased and either delivered to the owner or held in a secure vault. They are usually between 0.9 and 0.9999 fineness and are available as 2.5 gram through to 12.5 kilo bars. Gold bullion coins are usually minted in 1/10oz coins up to 1 kilo. Popular examples include Krugerrands, Britanias and Maple Leaf coins. Numismatic gold coins are old or rare coins that are often bought by collectors for their rarity and history.

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Celebrities Chose Gold Bullion Jewellery

Thursday, July 29, 2010

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Gold Rush

Wednesday, July 28, 2010

California Dreaming

160 years since the first global gold bullion rush, the industry is braced for a second. As demand continues to outstrip supply, could things get just as messy for the average prospector?

To a typical gold bullion investor today, the date January 24, 1848 may not mean a great deal. But this was the day on which gold was first discovered in Coloma, California, bringing an estimated 300,000 flocking from as far as China and Australia to join in the hunt for the yellow metal. Today, the global gold market is very different. Mining produces relatively little of the world's supply, and instead of risking life and limb, investors can buy at the click of a computer mouse. But despite the illusion of stability, the gold market is teetering on the brink of something very big. Supply is dwindling, and if demand increases as insiders predict, the next gold rush could dwarf those events with a global population dreaming not of fortunes, but of simply not being left behind. So how well should the average investor know their history lesson, and how much time is there left? More...

Gold Bullion Exhibition

Wednesday, July 28, 2010

As the fascination worldwide for gold bullion continues a new exhibition is being launched which looks at why this precious yellow metal symbolises beauty, status, power and wealth.

The Field Museum in Chicago, Illinois is exhibiting rare and modern gold specimens and artifacts from around the world. From early civilisation through to the present day the organisers hope to explain why society is memorised by this beautiful and powerful metal. The exhibits includes examples of gold bullion Histamenon Coins dating back to 1028AD, Pre Columbian jewellery and Oscar statues donated by Harrison Ford and Susan Sarandon.

Visitors can visit an extraordinary room completely covered in 3 inch flattened gold and see rare and beautiful crystallised gold nuggets. The exhibition also focusses on how gold is mined, processed, made into gold products and why people over the centuries still continue to buy gold items. The exhibition runs from October 22- March 6 2011.

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Demand for Gold Bullion Remains Strong

Wednesday, July 28, 2010

As global demand for gold bullion intensifies, gold mines worldwide are investing heavily in order to increase their gold production to meet these demands.

The dynamics of supply and demand are significant factors in today's current economic climate. Investors are buying gold as a reaction to the ongoing European debt problems, fear of inflation and as an alternative investment to paper currencies. So as demand for gold bullion gains momentum gold production is being increased. Analyst Paul Burchell commented that “Quantative easing has driven gold to be classified as a safe haven or safe investment and its driven up investor demand”.

The world's largest gold producers, such as Gold Corp and Canadian mining company Barrick Gold Corp are reporting double profits in the second quarter of the financial year reflecting the current demand for gold and the subsequent rise in the price of gold.

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Golden Shell Games

Tuesday, July 27, 2010

That's right, gold. You know, the ultimate money. Or Gold: The Once and Future Money, as our friend Nathan Lewis titled his 2007 book, for which we were privileged to write the foreword. Hey, Wall Street can take a $250 million sewer project in Alabama and turn it into an insurmountable debt 20 times as big. So it can find a way to pervert the Midas metal, too. And the evidence is piling up: You don't have to be partial to conspiracy theories about the "manipulation" of gold to conclude something just doesn't look right.

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Gold Bullion and Photography

Tuesday, July 27, 2010

Historically gold bullion has played an important role in the development of photography over the years. With its unique chemical properties gold is invaluable in the process of creating clear and precise images.

Gold was first used in photography by Sir John Herschel in 1842 in his invention known as the 'Chrysotype Process'. He discovered that because gold is a good conductor and is non-corrosive that it is ideal to use as a toner in the printing process resulting in the increased  longevity of the resulting photographic print.

Gold is still used nowadays in all digital and film cameras where it can be found in the electronics of the cameras. As the price of gold bullion rises the more expensive it is for camera companies to buy gold and this is often reflected in the fluctuating prices of their cameras.

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Gold Bullion Coins

Tuesday, July 27, 2010

Demand for gold bullion coins has been strong in recent months. Panic buying of gold coins has been witnessed globally by both investors and collectors alike.

The underlying fear of inflation, devaluation of paper currency, the ongoing debt problems of the Euro nations and increasing debts in the USA have all played a part in influencing investors to buy gold as a safe haven for assets.

The American Gold Eagle coin, for example, has generated a lot of interest recently as it has a guaranteed purity and weight by the US Government which is obviously very appealing, making for an attractive investment. The Gold Eagle coin is available to buy for around $1,280. An increase in the sale of gold bullion coins has been reported worldwide from UK to Australia and from Canada to the Far East. The Austrian Mint announced that that in recent months “We did run out of stocks, we were living off our daily production”.

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