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Posted: Wednesday Sep 19 11:45:44AM 2007
Keep in mind that some of the increase in gold bullion pricing is directly related to the devaluation of the US dollar. The Canadian dollar has risen 15% in comparison to the US dollar since March 2007.
Posted: Wednesday Sep 19 9:47:54AM 2007
gold closed at $653.40 on June 24th......up 12% and climbing.
Posted: Sunday Jun 24 6:11:50PM 2007
With jewellery sales going higher causing more demand for gold in the future the price should start to go up much higher as mines around the world are falling behind as being able to meet supply demands.
Minting of gold coins is also in demand worldwide.Many gold mines especially in Africa are finding that they must go deep down and that it is more expensive to mine as there mines are beginning to run out of gold from many years of gold mining production.Fewer suppliers of gold in the future will bold well for San Gold in Canada as it is a safe place to mine with good regulatory laws in place.Canada as a country is a very safe haven.