Articles

Banks 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

The 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.

Money Managers are piling on long (Hedge Funds?) And the Commercials are going short as JPM has to hedge the positions sold to the longs.

In 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.

With 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.

It was silver's turn over the last few weeks & now it's gold's turn to breakout this week.

Currency In Circulation vs Gold & Total Credit Market Debt vs Gold. Charts by Nick Laird.

This 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?

The size of the physical silver market is of $20 billion, whereas Bloomberg is mentioning $5 trillion.

Both Russia and China have decided to put gold at the center of their currency war against the “exorbitant privilege” of the US dollar.

Up another 300,000oz (9.3 tonnes) in the last month. Russia is a solid accumulator - same as China.

Silver 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....

We 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.

In 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.

Yesterday, the daily volume on the GDXJ Junior Miners Index beat all records, exceeding by 33% its highest historic value, and producing a 5.78% hike, five times the performance of gold!

New charts showing the relation of the known gold pool vs US gold derivatives.

Mario Draghi came out with several announcements on June 5 which have been very well received by pundits. These measures are supposed to encourage banks to make loans to businesses and, thus, help in sustaining the recovery. Let’s see what these measures really entail.

We cannot understand today’s gold market without understanding the role China and, in a different way, India play in it. The gold market in general is very opaque and the Chinese one, in particular, is even more. In this article, I will look at China’s role in the gold market.

Chinese gold imports from Hong Kong for april. Net imports of 64.04 tonnes. Charts by Nick Laird

Let us look now at the relationship, if there is one, between gold and platinum. Is platinum “white gold”, or “little silver” as the Spaniards call it, or is platinum different from gold and silver.