Monday, April 21, 2014

Heraeus Metals Report

Good Morning,

The Fed has 2 essential responsibilities: to maximize employment and promote price stability. According to Yellen’s words on Wednesday, as long as employment and inflation don’t meet the Fed’s objectives, the longer it will take to see interest rates rise. The decision to raise rates is not based on any single indication, but is based on a wide range of data pertaining to the labor market, inflation, and financial developments. Yellen didn’t make any references to the “considerable” time period, but did mention that there is more slack in the job market than seen by simply looking at the unemployment rate. After a long weekend, the precious metals complex is trading in the negative territory across the board this morning. Tomorrow the AMCU and the Platinum producers will meet to discuss revised wages in hopes to end the 13 week strike. Platinum and Palladium prices are under pressure this morning (read more)

Thursday, April 17, 2014

Online Bill Payments


our NEW and improved online bill payment service!

You can now pay for your purchase online with Royal Bank of Canada (RBC banking) and you can accumulate gold and silver with monthly transactions. Just search for "Central Metals Corp" in your online "payee" list and enter your account number. More Canadian banks to sign-up soon, stay tuned...

If you have any questions or can't remember your account number, please contact us by e-mail or phone: 1-844-411-8656

Monday, April 14, 2014

Heraeus Weekly Report


Last week was again a friendly week for gold and the metal gained 1.2% during the course of the week – its best performance for a month. The resistance at 1,320 $/oz could however not be sustainably broken. This morning we are slightly up, trading at 1.327 $/oz.

The tension between the USA and Russia due to the Crimean crisis had already driven gold in March to a six month high edging round the 1,400 $/oz mark and it again gave support to the metal last week. Conjectural remarks by US Secretary of State John Kerry about the potential Russian military action in Ukraine led to safe haven demand. The publication of the last FED meeting minutes (FOMC) gave more substance to gold’s case. Apparently the FED’s position on an interest-rate increase and the end of the Quantitative Easing programme, after all, appears to be slower than was assumed in previous weeks. The drivers that have been behind gold for many years thus again gained more influence. As a consequence of this assessment the USD lost in strength and the suffering of the equity markets became an advantage for gold. Missing flows into ETFs however fundamentally point towards an absence of investor interest.  Read more...

Wednesday, April 9, 2014

Gold is Still Best Asset in 21st Century

Dr. Paul Craig Roberts confirms that GOLD is still the best performing asset since the turn of the century.

Tuesday, April 8, 2014

Reasons to Save in Gold


Our "Bail-In Proof" U-Vault Account is the best solution to storage.