Articles

Is 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

Grant Williams provides an all-encompassing collection of the facts, explanations, charts, and data of the whats and whys of recent gold price action

There 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.

Rabobank 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!

The situation is untenable in Japan and can only be contained in the States and the Eurozone if rates go just slightly up.

It 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

The 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.

Gold 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.

Investors 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.

Investors should simply ignore the paper smash and continue to accumulate physical gold and silver because in the end the physical market will prevail.

Think 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.

Why 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...

Weirdly 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.

What’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.

A reassessment of economic prospects should be supportive of precious-metals prices in this year’s second half

The 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.

There should be no doubt in anyone's mind that the fundamentals for world gold supply and demand have changed dramatically over the past ten years at least.

Along with its public deficits going the wrong way, as we wrote about last week, France has now to contend with its banking sector. According to Euromoney, a study from the Lausanne Center for Risk Management shows that french banks represent the most important systemic risk of Europe!

Physical demand for gold & silver coins remains strong. For the 3 months thru June, gold coin sales are 120k oz’s (46%) higher than for the 3 months leading up to the $1900 gold peak in 2011

France is losing its footing. It just fell to the other side of the Laffer Curve : tax increases not only did not produce any revenue, but we’re witnessing a decline in fiscal revenue.