News

It was silver's turn over the last few weeks & now it's gold's turn to breakout this week.

Interview with Julian Phillips, Russia's Role in the Gold Market, Central Banks are Buying Stocks, Chinese Gold Demand Is Twice As Big As World Gold Council Tells You, No Exit For The Fed

Currency In Circulation vs Gold & Total Credit Market Debt vs Gold. Charts by Nick Laird.

This anemic growth, this ever-delayed recovery and this QE tapering should normally be worrisome for the stock market, but things are staying put for now. How is that?

The size of the physical silver market is of $20 billion, whereas Bloomberg is mentioning $5 trillion.

Both Russia and China have decided to put gold at the center of their currency war against the “exorbitant privilege” of the US dollar.

Up another 300,000oz (9.3 tonnes) in the last month. Russia is a solid accumulator - same as China.

The Importance of India in the Gold Market, Gold & Silver Breaking out, Austria Struggling with its Banks in Crisis, Who Just Bought Half A Billion Dollars Of Gold Futures?, There Will Be A Rush To Something Real

Silver has just broken through it's long term downtrend line & broken out with gusto with a $1 move. Gold at $1320 is about to do the same. Today's prices rises on strong volume are indicative that the PM's have bottomed & are now set to rise & are now "back in play" to the long side....

We often talk in these pages about the difficult situation facing Europe’s southern countries, but the financial crisis is also affecting countries that are considered sound and that have a good reputation. This is the case with Austria, facing difficulties with its banking sector.

In this article, I will look at the importance of India in the gold market. In India, gold is religion. India's love affair with gold is timeless, spanning centuries even millennia.

China's Role in the Gold Market, Historic Volumes on Junior Miners GDXJ, OCC Gold Derivatives, Mario Draghi's Announcements: The ECB Puts on a Show, March Indian Gold Import

Yesterday, the daily volume on the GDXJ Junior Miners Index beat all records, exceeding by 33% its highest historic value, and producing a 5.78% hike, five times the performance of gold!

New charts showing the relation of the known gold pool vs US gold derivatives.

Mario Draghi came out with several announcements on June 5 which have been very well received by pundits. These measures are supposed to encourage banks to make loans to businesses and, thus, help in sustaining the recovery. Let’s see what these measures really entail.

We cannot understand today’s gold market without understanding the role China and, in a different way, India play in it. The gold market in general is very opaque and the Chinese one, in particular, is even more. In this article, I will look at China’s role in the gold market.