China Showing Some Cracks, Physical Gold Market In Disconnect As Premiums Hit Record, Bull Market Far From Over, Russia Leading In Anti-Manipulation

A reassessment of economic prospects should be supportive of precious-metals prices
Published Jun 25, 2013 on Goldbroker

Par Jeffrey Nichols Gold took it on the chin after Federal Reserve Chairman Ben Bernanke suggested a possible tapering off of the central bank's monthly bond purchases later this year if economic conditions continue to improve. But that's a big "if."

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China Showing Some Cracks
Published Jun 27, 2013 on Goldbroker

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.

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Citi: Are Gold And Silver Finding A Bottom? | Zero Hedge
Published Jun 27, 2013 on Zerohedge

Gold and Silver appear to be in the process of finding a bottom; however, the price action could continue to be choppy in the coming weeks. Ultimately Citi's FX Technicals group, as the following charts suggest, expect both precious metals to move much higher in the long term with the potential for Silver to be the outperformer, as was the case from 2008 to 2011.

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Physical Gold Market In Disconnect As Premiums Hit Record
Published Jun 26, 2013 on Kingworldnews

With gold and silver getting smashed, John Hathaway told that premiums for gold have now hit all-time record levels as the physical market has completely disconnected from the paper market in gold. Hathaway also spoke about the gold and silver smash and provided an incredible chart as well.

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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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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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Jesse's Café Américain: What Kind of Fools Are Buying Gold?
Published Jun 22, 2013 on Jessescrossroadscafe

On the whole, the world's central banks are now net buyers of gold, and have been for some time, after being net sellers for over twenty years. Russia is one example. Why do you think they are buying it? They don't understand money?

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Stand and Deliver: How Germany Disrupted the World's Gold Market
Published Jun 27, 2013 on Jessescrossroadscafe

Someone asked, 'why would there be a desire to do a stealth confiscation of gold from the public holdings in ETFs and private stores through price manipulation?' Who could have been assigned the task of prying bullion out of the hands of the people, and for what conceivable reason?

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Russia Leading In Anti-Manipulation
Published Jun 27, 2013 on Jsmineset

Russia takes the lead in anti manipulative gold actions. Russia also marks its gold inventory toy market price. They have to be very unhappy with the gold banks and the US Fed. War takes many forms and gold is outright war. China will follow with a physical bullion exchange.

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Tonnes of Gold Removed From the Major ETFs and the COMEX Since January 1
Published Jun 27, 2013 on Jessescrossroadscafe

Considering the theory that the purpose of this market operation was designed to take the price of gold lower since the first of the year, and to free up bullion to relieve certain stresses in delivery, I was wondering if we could quantify the results of it in any way.

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