JPMorgan Owns Over 60% of the Total Notional of all Gold Derivatives
JPMorgan owned $65.4 billion, or just over 60% of the total notional ($108.2 billion) of all gold derivatives in the US
Read articleJPMorgan owned $65.4 billion, or just over 60% of the total notional ($108.2 billion) of all gold derivatives in the US
Read articleSome recent charts by Nick Laird on the OCC Precious Metals Derivatives. All PM Derivatives & Gold Derivatives in Tonnes - All Maturities
Read articleIt is said that a picture is worth a thousand words, so let us analyze this relation between gold and silver with some graphs. Gold and silver have their own markets; they sometimes converge and they sometimes diverge, but there is always an important correlation between the two.
Read articleThe specter of a crisis in emerging countries is back. A veritable tsunami is sweeping through their currencies : The argentine peso has lost 20% to the US dollar since the start of the year, the turkish pound has lost 30% over the last twelve months. The mexican peso, the brazilian real and the sou...
Read articleCharts by Nick Lair: Open Interest vs Total Stocks, Open Interest vs Registered Stocks, Open Interest vs Eligible Stocks
Read articleEgon von Greyerz discusses the demise of the dollar and other currencies as well as the coming 90% fall of stock markets versus gold
Read articleCharts by Nick Laird. Gold vs Argentine Pesos, Gold vs Turkish Lira & Gold vs Syrian Pound
Read articleRates on the debt of Italy and Spain have reached high levels in 2011 and 2012, even 7% at times, a rate considered as « mortal », because it could snowball into quick defaults. But in 2013 and the start of this year, these rates have been around 4%, in the midst of weak volatility. Does that mean t...
Read articleWe are aware of the currency wars, but we are a lot less familiar with the gold wars raging between the East and the West and, more particularly, between China and the United States.
Read articleThe evidence of gold price manipulation is clear. In this article we present evidence and describe the process. We conclude that ability to manipulate the gold price is disappearing as physical gold moves from New York and London to Asia, leaving the West with paper claims to gold that greatly excee...
Read articleIt appears the concept of the exploding "leverage" or default risk of the COMEX has now hit the mainstream media
Read articleGermany’s top financial regulator said possible manipulation of currency rates and prices for precious metals is worse than the Libor-rigging scandal, which has already led to fines of about $6 billion.
Read articleCharts by Nick Laird. The banks are long gold. COMEX gold just bounced off one of it's most oversold phases
Read articleDespite its miserable 2013, latent investor interest in silver remains strong. This manifested in robust worldwide demand for physical silver driven by its lower prices.
Read articleWhat kind of game are the banks and the states playing? Here are four news items that should alert anyone still having faith in the european banking system.
Read articleThe French government keeps rising taxes of all sorts; one couldn’t hope for gold to escape them.
Read articleMost financial analysts, including some who specialize in precious metals, analyze gold as a commodity however gold is not a commodity since unlike other commodities it is not consumed. Therefore, the traditional economic models and theories of supply and demand simply do not apply when analyzing go...
Read articleQuantitative easing causes an artificial wealth effect for the wealthiest, while the middle-class earnings are not improving
Read articleDebt burdens in developed nations have become extreme by any historical measure and will require a wave of haircuts, warns IMF paper
Read articleIt is not necessary to have a high rate of inflation or hyperinflation, as we often read in the media, for the gold price to take off. Even deflation can generate a major increase in the gold price. The only negatives for gold would be disinflation and moderate inflation.
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