Germany Announces the End of Game of Musical Chairs in Gold
Published Jan 30, 2013 on Goldbroker
The size of the « paper » gold market in the form of certificates is 100 to 150 times larger than that of the physical gold market, the gold that exists for real.
So, when an important country such as Germany decides to repatriate its physical gold, thus revealing the Germans’ wariness about the possibility of recuperating their gold stored in the US, England and France, prudent investors should take this hint very seriously.
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Competitive devaluation : The looming currency war
Published Jan 28, 2013 on Goldbroker
Gold is up almost 7-fold since 1999. During the last 13 years gold has reached overbought situations a few times. We saw it in 2006, 2008, and again in 2011. Every time gold has reached those overbought situations we’ve seen a consolidation.
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Bank-run on Physical Gold : Switzerland Next to Repatriate its Gold ?
Published Jan 25, 2013 on Goldbroker
Following Germany’s announcement to repatriate part of its gold from vaults in New York, London and Paris, it seems that the movement of repatriating gold is picking up speed.
In Switzerland, four members of the Parliament started the « Swiss Gold Initiative » in March of 2012. This movement demands the repatriation of the gold held by the Swiss National Bank.
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Philippe Herlin : The SEC Going Against Freedom of Speech
Published Jan 31, 2013 on Goldbroker
The Securities and Exchange Commission (SEC) has forbidden Egan Jones to publish its rating notes on States for 18 months (SEC’s announcement), a stupefying decision.
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Swiss banks promote gold allocation to stop outflow of metal
Published Jan 31, 2013 on Gata
Swiss gold fund manager Egon von Greyerz tells King World News that most economies and currencies are self-destructing. Most interestingly von Greyerz argues that the recent promotion by Swiss banks of their allocated gold accounts is aimed at stopping depositors from removing their gold from the banking system
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Gold price suppression is documented, not 'conspiracy theory,' fund manager Kaye says
Published Jan 31, 2013 on Gata
Pacific Group fund manager William Kaye predicts a short squeeze in silver even bigger than the one he expects in gold.
Kaye praises GATA's work and says there is much documentation of central bank intervention in the gold market to suppress the price and that such complaints are not mere "conspiracy theory":
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The 10 Minute Gold Standard: It's Much Easier Than You Think
Published Jan 31, 2013 on Forbes
Sometimes people ask me: “How do we transition to a gold standard system?” People think it’s really difficult.
Actually, it can be very easy. The easiest, simplest, fully-operational form of a gold standard system could be implemented in ten minutes. It doesn’t cost anything, and doesn’t require any gold bullion.
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Why Gold is not in a Bubble : Interview of Egon von Greyerz by Fabrice Drouin Ristori
Published Jan 10, 2013 on Goldbroker
Fabrice Drouin Ristori, founder and CEO of Goldbroker.com interview Egon von Greyerz, founder of Matterhorn Asset Management (Goldswitzerland.com) and board member of Goldbroker.com.
In this interview recorded in Zurich, Egon von Greyerz explains why it's important to own gold outside the banking system and why gold is not in a bubble.
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