gold

Traditionally, a national pause occurs in the gold business in the weeks preceding the 15th April. In preparation for this least holy of days, US citizens are busy contemplating his or her personal finances as they prepare to render unto Uncle Sam Caesar his due.
Contributing to this pause is that tax season generally puts a hold on potential major purchases. And here in the Sonoran desert, snowbirds begin their seasonal out-migration this time of year, hightailing it back home to do their taxes, and await what passes for Spring in their frozen homelands.And with the gold market suddenly gone cold, our phones, after signaling non-stop action going back to September of 2008, are almost silent. Which is a shame, as bullion products have flowed into dealer’s inventories, and the yellow metal itself has suffered a better than 12% price haircut over the past few weeks. In other words, it’s probably the best time to buy gold in over a yearThe fall-off in bullion business has run concurrently with the recent new-found life in the equities market, as the heart-stopping draining of trillions of dollars worth of stock values that we’ve seen since late last year seems to have halted about a month ago.
Nothing goes straight, down or up, so it is a bounce we are currently having in the stock market. Stocks have had a spectacular run-up since the second week of March, and a few questions about animals come to mind:As Vito Racanelli explains in his article, the business model for this little company is to acquire properties with promising mineralization, perform the drilling and exploration of those properties, with the idea of selling off promising sites to larger mining firms for development. In other words, to explore for royalty arrangements in Tanzania – thus its name, Tanzanian Royalty Exploration.