Interview with Jesse on COMEX/LBMA Manipulation, Default Event and the Long Correction in Precious Metals
Published Dec 19, 2013 on Goldbroker
Few analysts are watching the evolution of the COMEX/LBMA markets as closely as Jesse (Jesse's Café Américain). Both markets are where the gold spot price is determined and a lot of paper gold contracts and physical gold movement are involved. So it’s important to watch both markets waiting for a potential default event that would start to free the determination of the gold price from manipulation. In this interview with Jesse, we discuss the issues at the very center of the gold market today : COMEX/LBMA manipulation, default event and how investors should react to the long correction in precious metals.
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Disinflation Risk and the Gold Price
Published Dec 26, 2013 on Goldbroker
Deflation fears persist and, with it, the impact it would have on the gold price. Many observers believe the gold price would go down. Let's try to clarify things a little.
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Is Deflation Negative for Gold?
Published Jan 3, 2014 on Goldbroker
It is not necessary to have a high rate of inflation or hyperinflation, as we often read in the media, for the gold price to take off. Even deflation can generate a major increase in the gold price. The only negatives for gold would be disinflation and moderate inflation.
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How the ECB is Lying About Future Bank Stress Tests
Published Jan 2, 2014 on Goldbroker
As we learn in this note from Natixis (a bank that was close to bankruptcy but has a decent study department), a close look will be taken at the bad loans... without taking into account sovereign debt! Notwithstanding the fact that banks are holding major amounts of it and that any hike in interest rates would bring considerable financial losses, it will not be counted.
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IMF paper warns of 'savings tax' and mass write-offs as West's debt hits 200-year high
Published Jan 2, 2014 on Telegraph
Debt burdens in developed nations have become extreme by any historical measure and will require a wave of haircuts, warns IMF paper
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The Coming Failure of the Gold Paper Market and the Importance of Owning Physical Gold as Insurance
Published Jan 2, 2014 on Goldbroker
On the final day of the year 2013 we are publishing the interview that Lars Schall has just conducted with me in Zurich. We cover a wide range of important areas which include the coming failure of the gold paper market, the importance of owning physical gold as insurance against a failure of the financial system and to protect against counterparty risk.
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Gold: Declining Prices Versus Skyrocketing Demand
Published Dec 31, 2013 on Bloomberg
Tangent Capital Partners Senior Managing Director Jim Rickards discusses the price of gold with Deirdre Bolton on Bloomberg Television's "Money Moves."
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We’re Witnessing History - Stocks, Gold, Bitcoin & 2014
Published Dec 20, 2013 on Kingworldnews
With continued chaos around the world and uncertainty in global markets, KWN is publishing an incredibly powerful piece that was written by a 60-year market veteran. The Godfather of newsletter writers, Richard Russell, states that we are “witnessing history” and he also believes that “2014 will be a year of tectonic changes.”
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China Accelerates The Push For Its Citizens To Buy Gold
Published Jan 2, 2014 on Kingworldnews
With gold and silver off to a strong first trading day in 2014, acclaimed money manager Stephen Leeb told King World News that the Chinese government has now accelerated the push for its citizens to buy physical gold. Leeb also discusses the all-important reason why China is pushing so aggressively for citizens to purchase gold.
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China gold chief confirms gold price suppression by U.S. | Gold Anti-Trust Action Committee
Published Jan 2, 2014 on Gata
Gold price suppression is U.S. government policy to maintain the dominance of the U.S. dollar in the ongoing international currency war, the president of China's gold mining association, Sun Zhaoxue, told a financial conference in Shanghai last June.
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The New New Great Game: Geography, Energy, The Dollar And Gold
Published Dec 28, 2013 on Zerohedge
We have the physical versus paper demarcation again (most commentators are clueless on this - the paper market is still determining the screen price, but it will probably die once and for all this time around – the question is at what level?).
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Bah, Goldbug!
Published Dec 23, 2013 on Caseyresearch
It's important to balance the one-sided message typically heard in the mainstream media with other views. As you break for this holiday season, we'd like to leave you with some of those contrarian voices, all of which have put their money where their mouth is…
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Russian Banks Buy 181.4 Tons Of Gold In 2013
Published Dec 31, 2013 on Zerohedge
With headlines crowing of gold's worst year since 1981 as a signal that the status quo is winning and proof positive that fiat-currency naysayers must be wrong, it would appear that the rest of the world's central banks (and banks) have used the price depreciation to stack the precious metal.
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A Year Later, The Bundesbank Has Repatriated Only 37 Tons Of Gold (Of 700 Total)
Published Dec 24, 2013 on Zerohedge
Procuring physical gold seems to be a rather problematic and time-consuming process, as the Bundesbank is learning. Recall that it was almost exactly one year ago in mid-January , when the German central bank, in a shocking development expressing the bank's lack of trust in its central banking peers, announced that it would proceed with the repatriation of 700 tons of gold held by its "partners" the New York Fed and the Banque de France, by the end of 2020.
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The Probability Of A Stock Market Crash Is Soaring
Published Dec 26, 2013 on Zerohedge
While some individual stocks (cough TWTR cough) may have reached irrational bubble territory, the US equity market is undergoing a seemingly 'rational' bubble. However, as John Hussman illustrates in the following chart, the probability of a stock market crash is growing extremely rapidly.
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