Central banks

Based on recent figures from the Bank of England, it appears as though the Bank of England has directed the leasing of about 1,300 tonnes of central bank gold from their vaults in a four month period from March through June

The bullion banks are still massively short of physical gold. All of these physical shortage problems are likely to put enormous upward pressure on gold in coming months. And remember that this factor is in addition to the destruction of paper money we will see which will also put upward pressure on...

« Forward Guidance » is the new « in » phrase with central banks. It is supposed to reassure the market a few years in advance so that it can « anticipate » properly.

The Bank of England refuses to explain what appears to be a huge discrepancy in its accounting of the gold it holds in custody, a difference of as much as 1,200 tonnes

Grant Williams provides an all-encompassing collection of the facts, explanations, charts, and data of the whats and whys of recent gold price action

The situation is untenable in Japan and can only be contained in the States and the Eurozone if rates go just slightly up.

It is absolutely imperative for investors not to worry about the short term irrational moves of markets and not to listen to government figures or central bankers who make political statements that bear no resemblance to their actions

The gold is gone. It’s been hypothecated and rehypothecated. Not only do the Fed and the U.S. Treasury not own 8,000+ tons, they probably own nothing.

Why couldn't Germany have the return of its own property for seven years? Think about this. And perhaps what is happening now will become more clear. It is all a part of the credibility trap, wherein past actions of officials must be hidden in order to protect careers and ensure the orderly function...

Weirdly enough, the media didn’t dwell on this amazing issue, and the TV people didn’t even talk about it in their news bulletins. Of course, it’s about one of Europe’s most powerful man, Mario Draghi, head of the European central bank.