Articles

Last Sunday, the European Central Bank announced its verdict on the stress tests it has been conducting for several months and, this time around, quite a few banks have failed them.

As you can see I didn’t ask if the U.S. government will confiscate gold, but if world governments will. The exorbitant debt is global and today is so big that the risk of gold confiscation is global, not just in the U.S.

Gold compared to the Dow & SP500, to the other PMs & to the Base Metals since 1970

The United States’ public debt represents a large volume but, however, its absorption capacity is not infinite. And neither is its credibility. Even though the Fed is backing the whole thing and stands ready to print anything to meet payments, at one point defiance will be on the rise. We may not...

If you say "No" to the Swiss Gold Initiative referendum on november 30, these will be the consequences

The Fed bankers must be really upset: They haven’t even started to raise their base rate and markets are already in panic mode with the expected end to QE 3, just like junkies being told they might have to go into detox. The truth is that economic recovery is so fragile that it can’t go without m...

Russia has it's largest monthly purchase of gold in 15 years with 1.2 million ounces.

The London Bullion Market Association (LBMA) said on Thursday it appointed Morgan Stanley as a market maker, underscoring the ambitions of some banks to expand into precious metals trading while others exit due to stringent regulations.

Central Bank Gold Agreements (CBGA), total gold sales, all signatories

An important agreement was signed on Saturday, October 11, between the large global banks “under pressure from regulators” and it relates to derivatives and, more specifically, the CDSs, or credit default swaps.

We can’t speak about the manipulation of the gold price today without understanding the derivatives market. Right after the crash of 2000 in the stock market I became alarmed by the exponential increase of derivative products but especially by the complexity of those products.

New charts which show the daily/weekly/monthly flows in & out of the warehouses for gold and silver.

Chris Powell has covered many aspects of the Western gold price suppression scheme last week on "The Larry Parks Show," broadcast on the Manhattan Neighborhood Network in New York.

The Hong Kong Imports into China are only a fraction of the gold delivered through the SGE.

Central banks have kept silent about this but it’s hard to believe that manipulating the foreign exchange market isn’t part of their policies; it’s probably also part of their new strategy.

An unexpected precipitating event like a black swan event in this uncertain environment will push gold and silver up with a quantum leap with gold leading. The geopolitical and economic environment in the last few months was in my view the calm before the storm.

Net gold imports into China via Hong Kong were 27 tonnes for the month of August.     The Hong Kong route has gone from being the major source for Chinese imports to a minor one as can be seen in the second chart where SGE Withdrawals were almost 190 tonnes for the month of August....

On 30 November 2014 the Swiss People has the opportunity to determine not just the fate of their own financial system but also to be the catalyst for the return to sound money in the Western World.

Parabolic moves always end in capitulation. Is it possible to go even further into this panic selling which now seems to feed itself, with long-term investors capitulating?

Gold holdings fell 0.54 m/oz for the week whilst silver holdings rose 2.4 m/oz.