There is probably no group of buyers more watched and coveted than Chinese consumers. Over the weekend, the Financial Times had a piece that highlights things the Chinese like to buy.

There is suddenly a lot of interest in the idea that the federal government will make holding gold illegal, an example of which is “Is the Confiscation of Gold by Certain Central Banks Likely?” by Julian D. W. Phillips of GoldForecaster.com.

I was dismayed to see The Financial Times article about the new Central Bank Gold Agreement, where central banks agreed to limit their sales of sovereign gold to 400 tonnes a year. The European central banks, which includes the European Central Bank itself and the 16 banks of the Eurozone, plus Sweden’s Riksbank and Swiss National Bank, have all signed on with the new plan.

China bulls beware… Chinese regulator warns of American-style housing bubble… Market rejoices over housing start rebound… should you be celebrating too? Dan Amoss on shorting the stock market’s recent strength… Sign of the times… Mexicans, Czechs no longer welcome in Canada… Plus, Byron King reveals an arresting historic gold chart…

The first thing I do when I sit down at my desk in the morning is check the price of gold. The second thing I do is check the price of oil.  Sure, the price for gold and oil changes all the time. Prices go up and down, for good and bad reasons. Heck, sometimes prices fluctuate and the reasoning defies logic.

Investors turn to gold as a safe haven in crazy economic times, but in actuality gold may prove the place to be even during an eventual economic recovery.

Andrew Gordon says major investors are being forced to liquidate assets to raise cash meet margin calls.

The Canadian Markets managed to pull off a strong rally during Friday trading, with a new gold company sparking interest.