With the ongoing musical chairs at the COMEX (focused on JPMorgan's volatile holdings), the bank's precious metals team now sees a number of reasons to be long gold. Noting the market's shrugging off of Paulson's unwind ...
It will take higher prices to move more of the gold from the eligible to the registered, or deliverable, category during this August delivery month.
With fifty potential owners for every ounce put forward for delivery, the COMEX is quite obviously not a market with purchase and delivery of actual metal as its primary objective. I think this may have been sufficient during the long bear market, but with the increased demand for physical gold, the COMEX begins to look out of place. ...
WinnFin backs the latest South American Gold rush. We are thrilled to be involved with IPM and have been authorised to assist in placing their shares prior to a public flotation and listing on a major European bors
Inca Peruvian Mining Ltd. is a South American mining company that specializes in gold, silver and copper mines with the intention to invest through joint venture contracts and seek out niche markets that focuses on low risk, with immediate cash flow.
Inca Peruvian Mining’s primary focus is to enter into joint ventures with local mine owners, as well as operating and geologist partners, to purchase the rights to, and develop, small to medium sized artisan mining, tailings, production and prospecting projects.
Most of the world's metal comes from the Andes region because the continental plate there is quickly subsiding under the coast folding and thrusting up the mountains causing magma to rise through old rock.