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.

Monday, April 7, 2014

Heraeus Weekly Report


It initially looked as if gold had to accept a third consecutive week of losses. In the end, however, the metal closed the reporting period with a small profit of 0.70%. A brief rally mid-week (+1%) remained without adequate support to defend the higher price level, let alone to continue to rise. With the release of U.S. employment figures (non-farm payrolls) due on Friday afternoon some short positions had been closed. The focus was hence again on the economic situation of the U.S. and the likely reactions by the Fed in terms of monetary measures. The worse-than-expected jobs data drove gold over the threshold of 1,300 $/oz and turned around gold’s direction of recent weeks. The prospect of interest rate hikes and the end of the quantitative easing program by the Fed, which have lately weighed heavily on gold, thus lost some immediate impact. Read more...