Offer & Supply

The gold miners’ good performance in 2014 bodes well for gold not having to worry about a bear market taking place, like in 2013, or about testing again its major $1,178 bottom.

Exclusive interview with Julian D. W. Phillips about gold, geopolitics & the big reset. Goldbroker.com has started to produce video interview about the #gold market, watch the first one here

Shanghai Gold Exchange - Gold Premiums - Yuan/Gram. Charts by Nick Laird.

Shanghai Gold Exchange - Gold deliveries since December 2008

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.

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.

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 gold...

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)