Bull Market Far From Over, Massive Shift In Physical Gold, Gold Bears Ignore Half the World, Long-Term Fundamentals for Gold Still Intact

It's the End Game of a Fantastic Manipulation of the Markets
Published Jun 21, 2013 on Goldbroker

One of the savviest and well connected hedge fund managers in the world spoke about the smash in the gold and silver markets and what to expect going forward. Outspoken Hong Kong hedge fund manager William Kaye also discussed the stunning volume in the gold and silver markets, as well as the suspect nature of the trading, and the propaganda coming out of the U.S.

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Jim Rogers: I Bought More Gold Today; Bull Market Far From Over
Published Jun 20, 2013 on Hardassetsinvestor

When Jim Rogers talks, investors listen. Rogers may be the world's best-known commodity investor, with his Rogers International Commodity Index and best-selling books, including "Hot Commodities." HAI Managing Editor Sumit Roy spoke this week with Rogers from his home in Singapore about commodities, including whether he's ready to buy gold after the recent plunge in prices.

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World Just Witnessed Massive Shift In Physical Gold
Published Jun 21, 2013 on Kingworldnews

Today whistleblower Andrew Maguire told King World News that the world has just witnessed a massive and irreversible shift in the global balance of physical gold. Maguire, who recently appeared in the extraordinary CBC production titled, “The Secret World of Gold,” also spoke about the breathtaking gold and silver smash and what stunned investors around the world should expect next.

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Former US Treasury Official - Fed Orchestrated Gold Plunge
Published Jun 21, 2013 on Kingworldnews

Eric King: "We had the Fed out with two straight days of propaganda and that was followed up by a smash in gold and silver." Dr. Roberts: "Yes, that's true. It shows how irrational markets are. In fact, there was nothing new in the Fed's statement.

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The Rational Market Myth - Paul Craig Roberts
Published Jun 20, 2013 on Paulcraigroberts

One of the myths of economics is that markets are rational. Theories are based on this assumption, and the belief that markets are rational fuels the argument against regulation. The market response to the Federal Reserve's June 19 statement that it will taper off its bond purchases if its forecast comes true is unequivocal proof that markets are irrational.

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Gold bears ignore half the world - the half that buy gold
Published Jun 21, 2013 on Maxkeiser

Since the middle of April we have all heard the gold bear cry of 'it's over, gold is done with...the bubble has burst.' But not many of these so-called expert commentators have really looked into the strength of demand in the East.

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Sunday Gold Fix – The Gold Crash ’75
Published Jun 19, 2013 on Srsroccoreport

Thus the recent gold price crash was met largely with glee and gloating among the professional economist cohort as evidence of central bank success in not only initiating "normal" financial conditions but refutation of monetary critics. For this view, gold prices in 2013 represent the same as gold prices in the 1970-80 time period.

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Long-Term Fundamentals for Gold Still Intact
Published Jun 21, 2013 on Goldbroker

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. The world's central banks, most significantly in the West, had been selling bullion from their central bank reserves since 1989.

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222 Years Of Gold, Wars, Inflation, Economies, And Presidents
Published Jun 15, 2013 on Zerohedge

MeasuringWorth has created a multi-century time series of the barbarous relic's USD price. From the penny, the crown, the rose ryal, the guinea and the sovereign coin, the question of "what was the price then" is answered combining a number of sources and Visualizing Economics compares the 'real' price of gold since 1791 to GDP, wars, US presidents, and inflation...

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French Banks Represent the Most Systemic Risk of Europe!
Published Jun 20, 2013 on Goldbroker

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!

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