Gold, the Titanic & Lifeboats - Why it's Important to Own Physical Gold
Published Aug 5, 2013 on Goldbroker
Why it is so important to own physical gold in the actual context and why the spot price doesn't matter that much in determining the real value of gold. We try to explain this by making an historical parallel with the Titanic shipwreck.
Read article
The Bullion Banks Are Still Massively Short of Physical Gold
Published Aug 5, 2013 on Goldbroker
I see shortages everywhere, and I see real problems in the market with the bullion banks still under pressure. I am hearing that they (bullion banks) are under real pressure, and this is why we will see incredible upward moves (for gold and silver) starting in September.
Read article
COMEX Registered Gold Has Declined to a New Recent Low of 875,710 ounces
Published Aug 9, 2013 on Goldbroker
Since last Friday the registered gold in the COMEX warehouse has declined by almost 60,000 ounces to a new recent low of 875,710 ounces. Total gold including eligible gold stored by customers in COMEX warehouses but not offered for sale holds steady at around 7 million ounces.
Read article
Schizophrenia
Published Aug 8, 2013 on Goldbroker
There is no recovery. But, since the mainstream media and the governments keep repeating it over and over again and since we prefer believing good news than bad news, a majority of people believe in this so-called recovery. This is why the stock market is up and gold is down.
Read article
GATA's Chris Powell on Suspicious Activity at the BoE and JP Morgan's Commodity Exit
Published Aug 8, 2013 on RT
Recently there was a discrepancy in the amount of gold reported to be held by the Bank of England. One page of the official website reported the bank held 505,000 gold bars. Another page featuring an interactive web app reported just over 400,000 bars. Bob discusses missing gold at the central bank of England with GATA's Chirs Powell.
Read article
Did China Just Fire The First Salvo Towards A New Gold Standard?
Published Aug 4, 2013 on Zerohedge
In a somewhat shockingly blunt comment from the mouthpiece of Chinese officialdom, Yao Yudong of the PBoC's monetary policy committee has called for a new Bretton Woods system to strengthen the management of global liquidity. In an article in the China Securities Journal, Yao called for more power to the IMF as international copperation and supervision are needed.
Read article
Gold Markets Get Strange - Is Economic Danger Near?
Published Aug 8, 2013 on Zerohedge
Submitted by Brandon Smith of Alt-Market.com , Traditionally, metals markets are supposed to be a solid fundamental signal of the physical and psychological health of our overall economy. Steady but uneventful commodities trade meant a generally healthy industrial base and consumption base. An extreme devaluation was a signal of deflation in consumer demand and a flight to currencies.
Read article
Entities Prepare For COMEX Failure That Will Shock The World
Published Aug 6, 2013 on Kingworldnews
With gold and silver prices surging strongly, today one of the legends in the business warned King World News that investors should expect to see a failure at the COMEX. He also warned that this event will “shock market participants around the world.” Keith Barron, who consults with major companies around the world and is responsible for one of the largest gold discoveries in the last quarter century, also spoke about what this will mean for the gold and silver markets.
Read article
What's Moving The Price Of Gold?
Published Aug 6, 2013 on Forbes
Are precious metals prices manipulated? Draw your own conclusions. For our purposes, let it suffice to say that the price of gold can move significantly in a relatively short period of time without regard to basic economic or supply-and-demand factors.
Read article
