Central banks


End of QE3 and First Signs of Panic

Published by Léonard Sartoni | Oct 20, 2014

The Fed bankers must be really upset: They haven’t even started to raise their base rate and markets are already in panic mode with the expected end to QE 3, just like junkies being told they might have to go into detox. The truth is that economic recovery is so fragile that it can’t go without m...

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How Much Gold is on Loan Worldwide?

Published by Dan Popescu | Oct 13, 2014

We can’t speak about the manipulation of the gold price today without understanding the derivatives market. Right after the crash of 2000 in the stock market I became alarmed by the exponential increase of derivative products but especially by the complexity of those products.

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The Calm Before the Storm in the Gold Market

Published by Dan Popescu | Oct 8, 2014

An unexpected precipitating event like a black swan event in this uncertain environment will push gold and silver up with a quantum leap with gold leading. The geopolitical and economic environment in the last few months was in my view the calm before the storm.

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