News

There are many events to be analysed for these last few weeks. As happens every year, this time of year is, once again, quite fertile. These events, whether geopolitical, economic, financial or historical, all exert influence, more or less on the long term, on the precious metals markets.

Above-ground Gold Stock, Manipulation of Financial Markets, Dow vs Gold, A Chinese Gold Standard?, Total Value Of All The Gold In The World, Deutsche Bank, HSBC Accused of Silver Fix Manipulation

Two charts which show the appreciation in value of gold the last 40 years.    

With virtually empty gold vaults, the central banks and bullion banks are now becoming desperate.

Scatterplot charts showing the relationship between the Dow Industrials Index & Gold for the last 200 years.

To understand the price of gold, the relevant supply is the total supply, not the new supply coming to market during the last year, week or month.

Is Gold the Anti-Dollar?, Monetary Discord, Gold Manipulators are Desperate, Gold Safe Haven on News from Ukraine, Banking Crisis Is About To Accelerate

With virtually empty gold vaults, the central banks and bullion banks are now becoming desperate. The action we are seeing in the paper gold market with the recent $50 takedown is yet more proof of the corner that the gold manipulators have put themselves into by having virtually no physical gol...

The total topped 100 million ounces in late 2012 & over the sell-off in the gold price fell to a low just under 70 million ounces (30% decline)

The American bank Citigroup has just been condemned by the Department of Justice to pay a fine of $7billion for its role in the subprime crisis.

United States is one of the most important players in the gold market. It is, in my opinion, the most anti-gold country of all the major five players.

Silver COT positions are still increasing whilst gold's COTs are slowing.

China Says Consensus Reached on $100 Billion BRICS Bank, Massive Gold & Silver Futures Buying, Only A Gold Standard Will Save The Dollar

Banks have not really taken preventive measures against sudden changes in their environment, and that their gross underestimation of risk puts them in a fragile position, should anything unexpected happen

The precious metals market participants met yesterday (Monday) in London under the auspices of the World Gold Council (WGC) to discuss modernisation of the benchmark golf fixing mechanism, the London Gold Fix.

Money Managers are piling on long (Hedge Funds?) And the Commercials are going short as JPM has to hedge the positions sold to the longs.