Financial Markets: Pinocchio's Enchanted Island
Published Feb 10, 2015 on Goldbroker by Léonard Sartoni
We have been living in a new era of “fantasy finance” since the Fed officially intervened massively, in 2009, and since the non-official control of the gold price, in 2013.
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Central Banks Purchased 477.2t of Gold in 2014, the Biggest Amount in 50 Years
Published Feb 13, 2015 on Goldbroker
Seeking continued diversification away from the US dollar, central banks absorbed 477.2t of gold in 2014, 17% above 2013's impressive 409 tonnes, according to World Gold Council.
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Timeless Arguments by Egon von Greyerz
Published Feb 10, 2015 on Goldswitzerland by Egon von Greyerz
Among other things Egon von Greyerz talks about gold as insurance against unprecedented risks in the financial system as well as the risks of a hyperinflationary depression. He also explains what the best lesson is that I have learnt.
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Marc Faber: Is Gold Making a Return in the New Year?
Published Feb 12, 2015 on YouTube by Marc Faber
During times of turmoil, people tend to pile into to safe haven assets. And many people’s favorite safe haven asset always has been and always will be gold, which is having a mixed year. Global demand for gold has hit a four-year low. However, thanks to turmoil in the Eurozone, gold has bounced back more than 3% this year after falling 28% the previous two years.
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Our House of Cards
Published Feb 11, 2015 on Investmentresearchdynamics by Paul Craig Roberts and Dave Kranzler
Last Friday the attack on gold was coordinated with the announcement of the suspicious jobs report. The price of gold was hit hard with an avalanche of uncovered gold futures contracts dumped at the same time that the U.S. Government’s Bureau of Labor Statistics (BLS) released what can only be described as an incorrect employment report.
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Gold and Fed Rate Hikes
Published Feb 13, 2015 on Zealllc by Adam Hamilton
Words Gold's sharp early-year surge has fizzled in recent weeks as investment demand faded. The primary reason is the universal belief that the Fed's upcoming rate hikes are very bearish for gold. Higher rates will make zero-yielding gold relatively less attractive, argues this popular thesis.
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Is Russia Planning a Gold-Based Currency?
Published Feb 6, 2015 on Mises Institute by Marcia Christoff-Kurapovna
The "perfect-storm" of geopolitical instability, diplomatic isolation, severe currency depreciation, and economic decline now confronting Russia has profoundly damaged Moscow's international standing, and possibly for the long-term. Yet, it is precisely such conditions that may push the country's leadership into taking the radical step that will secure its world-player status once and for all: the adoption of a gold-exchange standard.
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Man Who Predicted Collapse Of Euro Against Swiss Franc Warns Current Global Financial System Will Cease To Exist
Published Feb 12, 2015 on King World News by Egon von Greyerz
The man who 73 days ago remarkably predicted the collapse of the euro against the Swiss franc stunned King World News when he said that the current global financial system will cease to exist. This interview takes a frightening look what is really happening around the world and the chaos that is still to come.
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Gold In A Negative Interest Rate World
Published Feb 12, 2015 on Dollarcollapse by John Rubino
Global capital is looking for a place to hide. But after decades of enthusiastic currency creation and financial engineering, there's way too much of it for any one country to accommodate. This mismatch between money knocking at the door and available space is leading the handful of remaining safe havens to put up "no vacancy" signs in order to avoid being swamped.
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Doug Casey on ISIS, Gold, Oil, and What to Expect in 2015
Published Feb 11, 2015 on Casey Research by Doug Casey
Doug Casey and Louis James talk gold, ISIS, oil, stock markets, and much more in a conversation about what to expect in the markets in 2015.
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