How Germany Disrupted the World's Gold Market
Published Jul 4, 2013 on Goldbroker
One has to ask, 'what set off the firestorm of price manipulation against gold that started at the beginning of this year?' Unless one is a shill, or naïve about markets, the market operation to knock the price of gold, and also silver, down is fairly obvious and heavy handed.
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Draghigate looming?
Published Jul 4, 2013 on Goldbroker
Weirdly enough, the media didn't dwell on this amazing issue, and the TV people didn't even talk about it in their news bulletins. Of course, it's about one of Europe's most powerful man, Mario Draghi, head of the European central bank.
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Gold Bug Bashing, 1976 Edition
Published Jul 1, 2013 on Zerohedge
Unfortunately just like 1976, a true economic recovery is not just around the corner. More likely we are in the eye of an economic storm that will blow much harder than the stagflation winds of the Jimmy Carter years. And once again the establishment is using the decline it the price of gold to validate its misguided policies and discredit its critics.
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The true importance of gold lies in its possession, not its price | GoldSwitzerland
Published Jul 2, 2013 on Goldswitzerland
On occasion of the publication of his seventh annual " In Gold We Trust " report, renowned gold market analyst Ronald Stoeferle discussed for Matterhorn Asset Management / GoldSwitzerland some aspects of his latest report and the larger picture, inter alia: the current bad market sentiment in gold; the rather strange fact that gold is traded like a currency but analyzed like a commodity; the question if it's a problem that gold is traded now below average cash costs for mining companies; and the most contrarian call at the moment: gold mining equities.
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Gold - Has The 'Narrative' Failed?
Published Jul 2, 2013 on Zerohedge
Presumably alerted by the failure of gold to break to new lows and the non-confirmation delivered by the gold stocks last week, Barry Ritholtz now believes gold could be due for a bounce [27] that might be playable for short term traders. However, Mr. Ritholtz is also convinced that once said bounce is over with, the recent cyclical bear market will resume.
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Russia and China building their gold reserves
Published Jul 1, 2013 on Financeandeconomics
Western economic commentary on China and Russia is usually coloured by monetarist assumptions not necessarily shared in Moscow and Beijing. For this reason, Russian and Chinese fiscal and monetary policies are misunderstood in financial markets, as well as the reasons their governments buy gold.
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Indian Silver Imports on Pace for New Record in 2013
Published Jul 1, 2013 on Srsroccoreport
If the present trend of large monthly silver imports continues, Indian may be setting up for a record year in 2013. According to industry sources, Indian has already imported 2,400 tonnes of silver in the first 5 months of 2013 compared to 1,900 tonnes for the entire year in 2012.
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Physical Demand for Gold is Gearing Up At An Alarming Rate
Published Jul 3, 2013 on Wallstreetpit
Here's a riddle for you... When folks sell their electronic-traded-fund (ETF) gold and other electronic bullion, where does it go? Does the bullion zap away into the nether regions of the internet? Does it move from one clandestine warehouse to another? Maybe it heads to a government coffer?
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Fraud Confirmed: 100-Day Delay To Take Bullion Delivery In London
Published Jul 1, 2013 on Bullionbullscanada
As the rampant criminality in bullion markets becomes more and more apparent (even to outside observers); we get must now wait more than 100 days another anecdote from the Corporate Media illustrating the level of fraud/manipulation in unequivocal terms. We're told that bullion-buyers in London to take delivery of the bullion for which they have already paid.
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