Newscast E5 - Gold/Silver News: August 4-21
Published Aug 22, 2015 on GoldBroker.tv
Carli Blankenship summarizes some of the most significant news that happened in the gold and silver market during the last two weeks.
Read article
Gold - One World Two Markets
Published Aug 17, 2015 on Goldbroker by Egon von Greyerz
The gold price bears no relationship to the real price of gold nor to the major and continuous very high demand for physical gold. The gold price is set in the paper market by the speculators and manipulators. The buyers of physical gold are very fortunate to be able to buy real gold today for prices which have nothing to do with the real value of gold.
Read article
China's Gold Reserves Rose by 19 tonnes in July in 2nd Monthly Update
Published Aug 17, 2015 on Goldbroker
China's gold reserves rose by nearly 19 tonnes in July from June, the central bank said on Friday, disclosing its holdings for the second time in two months in a move seen as a Beijing bid to increase transparency.
Read article
China's Gold Reserves Updated: Surprised?
Published Aug 10, 2015 on Goldbroker by Dan Popescu
On July 17, 2015, China updated its official gold reserves as being 1,658.1 tonnes. This represents an increase since the last announcement in 2009 of just 604 tonnes (+57%). This amount is far lower than most expectations of between 2,000 and 4,000 tonnes, including mine. Surprised? Yes, I am.
Read article
The Great Financial Catastrophe
Published Aug 17, 2015 on Goldbroker by Egon von Greyerz
Most people are blissfully ignorant of the fact that 2007-8 was just a mild rehearsal of what we soon are going to experience. The additional $60 trillion in credit and printed money since then and the lowering of interest rates to zero have given the world the impression that all is now well again.
Read article
The Dow/Gold Ratio Is Soon to Head Down to New Lows
Published Aug 22, 2015 on Goldbroker by Nick Laird
It is my contention that the Dow/Gold Ratio has just topped out in its uptrend & is soon to head down to new lows (perhaps down to 2:1 or 1:1) The following charts will show why I think that this epic turn has just happened & what should follow.
Read article
Stunning One-Day Decline In Shanghai Futures Exchange Silver Inventories
Published Aug 19, 2015 on Srsroccoreport
In a surprising update, the Shanghai Futures Exchange reported one of the largest single-day withdrawals of silver off its exchange today. As of yesterday, the total amount of silver stored at the Shanghai Futures Exchange (SHFE) was 256 metric tons (mt).
Read article
Gold Is "Undervalued" For 1st Time In 6 Years, BofAML Says
Published Aug 18, 2015 on Zerohedge
With hedge funds net short for the first time ever [3], and Commercial Hedgers are holding the lowest net short position in gold futures since the launch of the gold bull market in 2001, we thought it interesting that - for the first time since 2009, BofAML's fund managers' survey finds Gold is "undervalued."
Read article
Away From Dollar: Russia, China to Create Entirely Different Gold Market
Published Aug 16, 2015 on Sputniknews
While key Western banks are artificially restraining gold prices to breathe life into the diluted and devalued dollar system, Russia, China and other emerging economies are involved in "the genial move" to establish an entirely different gold market, F. William Engdahl underscores.
Read article
Billionaire Stanley Druckenmiller Loads Up On Gold, Makes It His Largest Position For First Time Ever
Published Aug 16, 2015 on Zerohedge
Following Friday's filing by the Duquesne Family Office, we learned that as of the end of Q2, the largest position for Stanley Druckenmiller was none other than gold, following the purchase of 2.9 million shares of the GLD ETF shares. In other words, as of this moment, gold amount to over 20% of Druckenmiller's total holdings.
Read article
