Invest Offshore

Category: Precious Metals

  • Perth Mint UNallocated metals storage

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    Aaron
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    QUESTION: Do UNALLOCATED metal assets held under the Perth Mint Certificate Program need to be reported on the IRS TDF90-22.1? I recently purchased your book “Reporting Foreign Financial Accounts” as well as the 2010 Update and searched both of them for an answer on this point, and have also searched your online Q&A looking for…

  • Gold Soars off European Debt Crisis

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    Aaron
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    Thus far this week has provided plenty of fuel for higher Gold prices as the economic climate in the European Union continues to drive savvy investors out of the traditional “fiat currencies” and in to “safer havens “especially gold as it has a history of performing better than most commodities in times of crisis. It…

  • How to profit from gold trading

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    Aaron
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    The 2010 gold price is forecast to reach USD1226 (historical peak) again in Q2 of 2010, and in the last quarter, gold is forecast to achieve a new all time high price between USD1300-1360. Forecast: Q1: Price correction, Q2: Rally, Q3: Correction, Q4 Rally How can you profit from trading spot gold? 1.) Spot gold…

  • Gold Hits Sterling Record

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    Aaron
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    [box]April saw the price of gold hit a Sterling and Euro record. While the GBP754 (or 865 Euros) per troy ounce stat still remains 5% below the all time US dollar record, this was nonetheless excellent news for the British investors.[/box] Compare the GBP754/ounce price tag with the price of GBP562 per ounce, as gold…

  • China’s Gold Market

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    Aaron
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    World Gold Council and ICBC Enter Into Strategic Partnership to Promote China’s Gold Market BEIJING, April 1, 2010 – World Gold Council (“WGC”) and Industrial and Commercial Bank of China (“ICBC”) have signed a memorandum of understanding (MOU) for strategic cooperation within China’s gold market. This agreement will enhance the exchange of market information between…

  • Wealthy Investors Hoard Bullion

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    Aaron
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    Investors in gold are demanding “unprecedented” amounts of bullion bars and coins and moving them into their own vaults as fears about the health of the global financial system deepen. Industry executives and bankers at the London Bullion Market Association annual meeting said the extent of the move into physical gold was unseen and driven…

  • Gold Traders Take Profits

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    Aaron
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    After four months of a resilient uptrend in the Gold market, it appears traders are beginning to feel the pressure to take profits. I believe Gold traders are keeping a close eye on the recent turmoil in the Stock Market and it brings back memories of the mass Metals liquidation to cover margins in their…

  • Gold’s Performance During Recessions

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    Aaron
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    Much has been made recently about gold’s use as a hedge against poor stock market returns. Unfortunately, this strategy has some holes in it. While it is true that gold tends to perform in the opposite direction as stocks during secular markets, it tends to perform similarly to stocks during shorter cyclical time periods. From…

  • World Precious Minerals Fund

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    Aaron
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    U.S. Global Investors Resources and Gold Funds Win 2007 Lipper Fund Awards SAN ANTONIO–(BUSINESS WIRE)–The World Precious Minerals Fund, managed by U.S. Global Investors Inc. (Nasdaq:GROW), is the 2007 winner of the Lipper Fund Award in the Best Gold-Oriented Fund category. 2007 marks the second consecutive year that the World Precious Minerals Fund (UNWPX) has…