Above-ground Gold Stock - How Much Is There and Why Does it Matter?
To understand the price of gold, the relevant supply is the total supply, not the new supply coming to market during the last year, week or month.
Read articleTo understand the price of gold, the relevant supply is the total supply, not the new supply coming to market during the last year, week or month.
Read articleWith virtually empty gold vaults, the central banks and bullion banks are now becoming desperate. The action we are seeing in the paper gold market with the recent $50 takedown is yet more proof of the corner that the gold manipulators have put themselves into by having virtually no physical gold...
Read articleThe total topped 100 million ounces in late 2012 & over the sell-off in the gold price fell to a low just under 70 million ounces (30% decline)
Read articleThe American bank Citigroup has just been condemned by the Department of Justice to pay a fine of $7billion for its role in the subprime crisis.
Read articleUnited States is one of the most important players in the gold market. It is, in my opinion, the most anti-gold country of all the major five players.
Read articleSilver COT positions are still increasing whilst gold's COTs are slowing.
Read articleBanks have not really taken preventive measures against sudden changes in their environment, and that their gross underestimation of risk puts them in a fragile position, should anything unexpected happen
Read articleThe precious metals market participants met yesterday (Monday) in London under the auspices of the World Gold Council (WGC) to discuss modernisation of the benchmark golf fixing mechanism, the London Gold Fix.
Read articleMoney Managers are piling on long (Hedge Funds?) And the Commercials are going short as JPM has to hedge the positions sold to the longs.
Read articleIn January of 2014, economists were predicting a 2.6% growth, and we get a result of -2.9%. This catastrophic number has been totally ignored by the markets and talked down by the Fed, of course, but this will make the return to reality that much more painful.
Read articleWith such a large quantity of gold, it is evident that the Euro Area will play a major role in any reset of the international monetary system that will involve gold.
Read articleIt was silver's turn over the last few weeks & now it's gold's turn to breakout this week.
Read articleCurrency In Circulation vs Gold & Total Credit Market Debt vs Gold. Charts by Nick Laird.
Read articleThis anemic growth, this ever-delayed recovery and this QE tapering should normally be worrisome for the stock market, but things are staying put for now. How is that?
Read articleThe size of the physical silver market is of $20 billion, whereas Bloomberg is mentioning $5 trillion.
Read articleBoth Russia and China have decided to put gold at the center of their currency war against the “exorbitant privilege” of the US dollar.
Read articleUp another 300,000oz (9.3 tonnes) in the last month. Russia is a solid accumulator - same as China.
Read articleSilver has just broken through it's long term downtrend line & broken out with gusto with a $1 move. Gold at $1320 is about to do the same. Today's prices rises on strong volume are indicative that the PM's have bottomed & are now set to rise & are now "back in play" to the long side....
Read articleWe often talk in these pages about the difficult situation facing Europe’s southern countries, but the financial crisis is also affecting countries that are considered sound and that have a good reputation. This is the case with Austria, facing difficulties with its banking sector.
Read articleIn this article, I will look at the importance of India in the gold market. In India, gold is religion. India's love affair with gold is timeless, spanning centuries even millennia.
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