
Forward Guidance : Another Aspect of Central Banks Going Off Course
« Forward Guidance » is the new « in » phrase with central banks. It is supposed to reassure the market a few years in advance so that it can « anticipate » properly.
Read article« Forward Guidance » is the new « in » phrase with central banks. It is supposed to reassure the market a few years in advance so that it can « anticipate » properly.
Read articleThe Bank of England refuses to explain what appears to be a huge discrepancy in its accounting of the gold it holds in custody, a difference of as much as 1,200 tonnes
Read articleWhile owning precious metals will be a very wise store of wealth and investment in the future, silver will actually turn out to be the “King of Investment Gains.” A good barometer of the retail gold and silver market is shown by the eagle sales at the U.S. Mint.
Read articleOn Sunday it was incorrectly reported that the JP Morgan Gold vault on Broad Street had caught fire. Let me categorically state that even the world's best pyromaniac would most likely fail burning down a Gold vault. And let me explain why it is virtually impossible....
Read articleIs there still « real » price discovery, today, and in which markets? This manipulation of interest rates by the central bank affects all prices, the same way price controls do in centralized states
Read articleGrant Williams provides an all-encompassing collection of the facts, explanations, charts, and data of the whats and whys of recent gold price action
Read articleThere is an ongoing clash between the forces of paper supply and physical demand – paper supply has won the latest round, but its objective of satisfying and slaking demand for the real metal has failed entirely.
Read articleRabobank has just followed in the footsteps of ABN Amro which effectively defaulted by halting deliveries of gold bullion in April, as the Dutch bank will close customers’ gold accounts effective September 1st!
Read articleThe situation is untenable in Japan and can only be contained in the States and the Eurozone if rates go just slightly up.
Read articleIt is absolutely imperative for investors not to worry about the short term irrational moves of markets and not to listen to government figures or central bankers who make political statements that bear no resemblance to their actions
Read articleThe gold is gone. It’s been hypothecated and rehypothecated. Not only do the Fed and the U.S. Treasury not own 8,000+ tons, they probably own nothing.
Read articleGold has played a central and positive role in human history since the dawn of civilization. Speech given by Ferdinand Lips at the University of St. Gallen on 24 June 2004 as part of the International Finance & Security lecture series.
Read articleInvestors must remain calm and keep a critical mind permanently. They have to go beyond the big media noise. And now is really not, really not the time to sell one’s gold.
Read articleInvestors should simply ignore the paper smash and continue to accumulate physical gold and silver because in the end the physical market will prevail.
Read articleThink Your Money is Safe in an Insured Bank Account? A trend to shift responsibility for bank losses onto blameless depositors lets banks gamble away your money.
Read articleWhy couldn't Germany have the return of its own property for seven years? Think about this. And perhaps what is happening now will become more clear. It is all a part of the credibility trap, wherein past actions of officials must be hidden in order to protect careers and ensure the orderly funct...
Read articleWeirdly enough, the media didn’t dwell on this amazing issue, and the TV people didn’t even talk about it in their news bulletins. Of course, it’s about one of Europe’s most powerful man, Mario Draghi, head of the European central bank.
Read articleWhat’s happening in China? The interbank market succumbed to two panic attacks, on June 7th and last week, immediately doused by monetary injections from the central bank, the People's Bank of China, but tensions remain.
Read articleA reassessment of economic prospects should be supportive of precious-metals prices in this year’s second half
Read articleThe only protection as I see it that investors have to offset the long-term effects of these policies is to own precious metals and to own the physical precious metals because paper gold can’t be trusted.
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