Supply & Demand

It is my contention that the Dow/Gold Ratio has just topped out in its uptrend & is soon to head down to new lows (perhaps down to 2:1 or 1:1)

China's gold reserves rose by nearly 19 tonnes in July from June, the central bank said on Friday, disclosing its holdings for the second time in two months in a move seen as a Beijing bid to increase transparency.

On July 17, 2015, China updated its official gold reserves as being 1,658.1 tonnes. Surprised?

There is not much risk in betting that this number is cooked, largely under-estimated, and that the financial media will be out of superlatives when the next official announcement is closer to reality.

Carli Blankenship summarizes the most recent and significant stories that happened in the gold and silver market during the last 2 weeks.

Back in April we wrote that "The Mystery Of China's Gold Holdings Is Coming To An End" as a result of China willingness to add the Yuan to the IMF's SDR currency basket which would require the disclosure of China's gold holding ahead of an IMF meeting on SDR composition which may be held in Octob...

The proposal now being put to the Greek government and parliament is a lot worse than the one which was voted down by the Greek people last Sunday. This is really the bankrupt leading the bankrupt to perdition.

Dan Popescu's exclusive interview with Gerald Celente (Trends Journal - Trendsresearch.com) on gold and geopolitics :     - Greece, Puerto Rico defaults, geopolitics and their relation to gold - Gold price manipulation; China, US and EU - Does China control the price of gold? -...

Since 2002 the trend has been to store Registered gold at COMEX - with over 8.5 million ounces have been stockpiled there.

Here's a good example of why gold is not trading freely in today's markets.