WEEK IN REVIEW: November 10-16

Medias : « The Art of War » on Gold
Published Nov 15, 2014 on Goldbroker by Fabrice Drouin Ristori

“Help your enemies underestimate your capabilities”. This military strategy is perfectly applicable today to the gold market. The Western press and pundits for the current financial status quo are doing all they can to divert investors from physical gold and make them underestimate gold

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Marc Faber on Gold, the US Dollar, China and the Swiss Gold Referendum
Published Nov 13, 2014 on Goldbroker by Dan Popescu

Dan Popescu exclusive interview with Marc Faber (economist and market forecaster, Gloomboomdoom.com) on gold, the US dollar, China and the Swiss gold Referendum.

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Gold US$5,000: Is it Possible? And When?
Published Nov 10, 2014 on Goldbroker by Dan Popescu

Is gold US$5,000 a farfetched gold bug illusion, as some pretend? I do not think so. I’m looking for arguments against such an increase of the price of gold but I cannot find any reasonable ones.

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Alan Greenspan Thinks That Gold Is Currently a Good Investment
Published Nov 11, 2014 on Goldbroker

TETT: Do you think that gold is currently a good investment given what you're saying about the potential for turmoil?


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Swiss Watchdog Flags Up Gold Fix Manipulation
Published Nov 12, 2014 on Goldbroker

Swiss regulator FINMA said on Wednesday that it found a "clear attempt" to manipulate precious metals benchmarks during its investigation into precious metals and foreign exchange trading at UBS.

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Swiss Gold Referendum: Deutsche Bank Roundly Refutes Everything the SNB Has Been Peddling
Published Nov 15, 2014 on Goldbroker

Deutsche Bank Says "Yes" Vote Has "Narrow But Clear Lead" In Swiss Gold Referendum As 1M GOFO Hits Most Negative Since 2001.

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How Central Banks Use Gold Swaps To "Boost" Their Gold Holdings
Published Nov 15, 2014 on Zerohedge

With the specter of a "yes" outcome to the Swiss gold referendum finally being priced in by the market, and the frontrunning of the SNB's potential 1,500 tons of gold purchases starting to move the price of gold higher, a question has emerged: is there enough physical gold to satisfy Swiss gold demand in case of a favorable outcome to the referendum.

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Putin Is the Biggest Gold Bug
Published Nov 13, 2014 on Bloombergview

Switzerland is preparing to hold a referendum on whether to keep 20 percent of its international reserves in gold. Meanwhile, Russia, which would never ask its citizens to weigh in on such matters, is increasing its gold holdings. It accounted for 59 percent of net gold purchases by central banks in the third quarter of 2014, according to the World Gold Council.

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Gold Supply and Demand
Published Nov 13, 2014 on Smaulgld

The gold supply and demand dynamic is currently in balance. With increasing demand and declining gold prices causing cut backs at gold miners and reduced scrap supply, how long until the gold supply demand dynamic goes into deficit?

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PRIMARY SILVER MINERS: Losing Nearly $3.00 For Every Ounce Of Production
Published Nov 12, 2014 on Srsroccoreport

With more than half of the primary silver miners financial results for the third quarter finally out, the group is now losing nearly $3.00 an ounce at the current market price of silver. We can thank the Fed and Bullion Banks for rigging the paper silver price well below the estimated average break-even for the primary silver miners.

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G20 Worried About the Lack of Capital Requirements for Large Banks
Published Nov 13, 2014 on Goldbroker by Philippe Herlin

There is a new alert out for banks and this time, it’s coming from a regulating agency worried of their capacity to weather an eventual next crisis. The alert was sounded by the FSB (Financial Stability Board), the G20’s organism in charge of financial regulation.

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Big Banks Are Fined $4.25 Billion in Inquiry Into Currency-Rigging
Published Nov 12, 2014 on Nytimes

The Financial Conduct Authority accused the lenders of failing to have proper controls in place to prevent misconduct in the trading of currencies of the so-called Group of 10 nations, while the Commodity Futures Trading Commission accused traders at the banks of trying to more broadly manipulate foreign exchange benchmark rates.

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