Gold

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.

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.

With such a large quantity of gold, it is evident that the Euro Area will play a major role in any reset of the international monetary system that will involve gold.

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

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

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.

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.

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.