Will This Save the Swiss Financial System?
Published Oct 2, 2014 on Goldswitzerland by Egon von Greyerz
Will this save the Swiss financial system? On 30 November 2014 the Swiss People has the opportunity to determine not just the fate of their own financial system but also to be the catalyst for the return to sound money in the Western World.
Read article
Shanghai Gold Exchange Withdrawals
Published Sep 29, 2014 on Goldbroker by Nick Laird
Chinese SGE Gold Withdrawals: 50 tonnes for the latest week up from 40 tonnes the prior week.
Read article
US Mint Coin Sales Surge in September
Published Oct 2, 2014 on Goldbroker by Nick Laird
US Mint gold and silver coins sales surge in September
Read article
IntraDay Gold Bottoms in 2013
Published Oct 3, 2014 on Goldbroker by Nick Laird
The spike low on June 27th 2013 was at $1180.90. The low on December 31st 2013 was at $1185.69.
Read article
The Enduring Power of Gold - Why Beijing Is Buying
Published Sep 29, 2014 on Foreignaffairs
If China were to convert a relatively modest part of its $4 trillion foreign exchange reserves into gold, the country's currency could take on unexpected strength in today's international financial system. It would be a gamble, of course, for China to use part of its reserves to buy enough gold bullion to displace the United States from its position as the world's largest holder of monetary gold.
Read article
The US Gold Hoard, China, Greenspan & Fiat Money
Published Oct 3, 2014 on Kingworldnews
In reading the piece (from Alan Greenspan) that was in Foreign Affairs “The Enduring Power Of Gold,” it was very interesting. For example, he is making the case that China, if they keep buying gold, could outpace the United States and their (gold) holdings, and possibly give China the (world’s) reserve currency. And that may well happen because if China backs its paper currency with gold, they will be competing with the United States (and its fiat currency backed by nothing) that just keeps going deeper in debt....
Read article
This is HUGE: Chinese Renminbi Becomes Directly Tradable With the Euro
Published Oct 3, 2014 on Silverdoctors
The Chinese central bank, People's Bank of China, has issued a press release announcing the authorization of direct trading between the renminbi and the euro on the inter-bank foreign exchange market. This is HUGE.
Read article
Worried About Today’s Gold & Silver Smash - Just Read This
Published Oct 3, 2014 on Kingworldnews
The stock-to-flow ratio as the most significant reason for gold’s monetary importance. Supply and demand thus determine not only the prices of goods and services, but also the price of money, resp. its purchasing power. Confidence in the current and future purchasing power of money depends decisively on how much money is in existence currently, but also on expectations regarding the future supply of money.
Read article
Gold To Silver Ratio - Sentiment
Published Oct 2, 2014 on Deviantinvestor
The gold to silver ratio (GSR) acts like a sentiment indicator. When the GSR is low both gold and silver are usually running upward and strong. When the ratio is high, like now (Sept. 30, 2014), gold and especially silver are priced low and disinterest is nearly universal.
Read article
Silver Is The Cheapest Asset In The World Today
Published Sep 29, 2014 on Kingworldnews
The action in silver is becoming more and more bizarre with each passing day. Silver is the cheapest asset in the world today. Silver was hit hard once again shortly after the opening of trading in the access market. Silver fell about 25 cents, or 1.5 percent, in the quiet trading period.
Read article
Something Very Sinister Is Happening in Silver !
Published Oct 2, 2014 on Cambridge House
Bill Murphy, Founder Gold Anti Trust Action Committee speaks on the continued manipulation in gold and what he thinks is driving the silver price down.
Read article
Gold Production: Too Much of a Good Thing?
Published Sep 30, 2014 on Rbth
Russian gold producers may need to reduce their mining operations to prevent prices from falling further as the result of an increase in supply on the market.
Read article
Headed toward a conflict between Germany and the ECB?
Published Oct 2, 2014 on Goldbroker by Philippe Herlin
Tensions are rising between Germany and the European Central Bank and, this time, concerns are raised openly through an intervention by Germany’s finance minister Wolfgang Schäuble before the German parliament, the Bundestag.
Read article
