Gold

Russia adds another 600.000 oz (18.7 tonnes) to its reserves in October.

Exclusive interview with Marc Faber on gold, the US dollar, China and the Swiss gold Referendum

Help your enemies underestimate your capabilities”. This military strategy is perfectly applicable today to the gold market. The Western press and pundits for the current financial status quo are doing all they can to divert investors from physical gold

Even as the SNB has been scrambling to make the referendum seem like a non-event, with very little chance of passing, Deutsche Bank released a piece that roundly refuted everything the Swiss Central Bank has been peddling.

Swiss regulator FINMA said on Wednesday that it found a "clear attempt" to manipulate precious metals benchmarks during its investigation into precious metals and foreign exchange trading at UBS.

Alan Greenspan said gold is currently a good investment given the potential for turmoil: "Gold is a currency. It is still by all evidences the premier currency where no fiat currency, including the dollar, can match it."

UBS is to settle allegations of misconduct at its precious metals trading business alongside a planned agreement between UK and US authorities and seven banks over accusations of foreign exchange market rigging.

Some argue that without inflation or hyperinflation gold cannot reach $5,000, but they ignore that, in a deflationary environment, the global banking system collapses and this is as bullish for gold as hyperinflation.

The Dow is now at all time highs & gold looks to have bounced off its low.

The timing of the gold dump is right as Japanese trading breaks for lunch