The Bank of England Refuses to Explain a Huge Discrepancy in its Custodial Gold Reports
Published Jul 31, 2013 on Goldbroker
The Bank of England refuses to explain what appears to be a huge discrepancy in its accounting of the gold it holds in custody, a difference of as much as 1,200 tonnes between the total reported in the bank's annual report in February and the total reported in a "virtual tour" of the bank posted this month at the bank's Internet site.
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Gold Market Was on Fire
Published Jul 29, 2013 on Goldbroker
On Sunday it was incorrectly reported that the JP Morgan Gold vault on Broad Street had caught fire. Let me categorically state that even the world's best pyromaniac would most likely fail burning down a Gold vault. And let me explain why it is virtually impossible....
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Unstoppable Demand Meets Undeliverable Object - A Run on the Bullion Banks
Published Jul 30, 2013 on Jessescrossroadscafe
The gambit of smacking down price to dampen the desire for gold appears to have backfired in a big way by sparking an insatiable demand for the physical metal and a remarkable decline in available inventories. That certainly wasn't what had been expected I would imagine when the process of a more energetic price manipulation in response to Germany's request for the return of its gold began.
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The Fractional Reserve Gold System Is Closer To Collapse
Published Aug 1, 2013 on Kingworldnews
Brodsky: "The fractionally reserved gold market seems to be unwinding. I don't know if it's at the end of it right now, or near the end, or whether it has further to go, but very clearly the paper claims on the gold and silver markets seem to be getting pretty tight.
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How Falsified U.S. GDP Data will Lead to Much Higher Precious Metal Prices
Published Aug 1, 2013 on Srsroccoreport
While it seems that just about all of the economic data coming out of Wall Street or the U.S. Government is manipulated, there is one piece of data that is not. This valuable piece of information may also give us an idea on just how much the U.S.
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Countering devaluation: Govt slaps temporary ban on gold import
Published Jul 31, 2013 on Tribune
In an attempt to address steep devaluation of the rupee against the dollar, Pakistan on Tuesday temporarily banned import of gold to save the precious foreign currency reserves.
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Forward Guidance : Another Aspect of Central Banks Going Off Course
Published Aug 1, 2013 on Goldbroker
" Forward Guidance " is the new " in " phrase with central banks. It is supposed to reassure the market a few years in advance so that it can " anticipate " properly.
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Bank Of England Helped Reichsbank Sell Its Nazi Gold
Published Jul 30, 2013 on Zerohedge
We previously showed hard evidence of the Bank of England's complicit hiding of the truth about the quality of Bundesbank gold stored in the Fed's vaults. A few weeks later in a "completely unrelated" action, the Bundesbank dramatically shifted its recent stance, and demanded that its gold be repatriated into its own vaults (and we now know the impact that has had on the paper-physical paper markets).
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JPMorgan Accused By FERC Of Manipulating Power Market, To Be Fined $400 Million
Published Jul 29, 2013 on Zerohedge
JPMorgan Chase & Co. manipulated power markets in California and the Midwest from September 2010 and June 2011, according to allegations unveiled today by the Federal Energy Regulatory Commission. The bank has agreed to sanctions that include a fine of about $400 million.
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