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PRECIOUS METALS (US $)
Gold 1378.20-6.30
Silver 21.76-0.11
Platinum 1423.75-9.45
Palladium 702.90-9.10
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DOWJONES 15180101
NASDAQ 345229
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CURRENCIES ($)
AUS $ 1.0555
CAN $ 1.0195
Euro 0.7499
GBP (£) 0.6383
Sw Fr 0.9254
YEN 94.8690
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Gold / Silver63.34
Gold / Oil14.09
Dowjones / Gold11.01
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Articles related to Bullion bank
 
Jesse - Le Café Américain
Max Keiser and Mark O'Byrne Discuss the Gold and Silver Markets
"The tyranny of a prince in an oligarchy is not so dangerous to the public welfare as the apathy of the citizens in a democracy." Montesquieu I do not see the NSA involvement which Max mentions.  It does not seem to be necessary if you have big market principals and insiders involved, able to operate in secret with the acquiescence of the regulatory bodies and exchanges.   And if there is a need to obtain more specific information, the industry dominant Bloomberg terminal offer a wealth of in
Thursday, June 13, 2013
Chris Powell - GATA
CNBC notes 'mysterious' gold dump just ahead of employment report
Gene Arensberg of the Got Gold Report calls attention to CNBC's report of a burst of seemingly "mysterious" gold futures contract dumping that took place today a fraction of a second before publication of the U.S. government's employment report. CNBC finds the dumping suspicious in the sense of possible leaking of the employment report. But of course GATA is inclined to suspect that there was no leaking at all and that the gold contract dumping was done by the government itself through its bulli
Saturday, June 08, 2013
Ben Traynor - Bullion Vault
Weak US Jobs Data & Ignoring Indian Move Leaves Gold "in Tight Range" as China's Imports
London Gold Market ReportGOLD BULLIONtraded for London delivery rose back through $1400 for the fifth day running on Wednesday morning, rising as the US Dollar slipped following weaker-than-expected jobs data.Gold priced in the Euro ticked higher to ?1075 per ounce, but was unchanged for the week so far in terms of Pounds Sterling below £914.Silver prices rose back above $22.60 per ounce."The [gold] market has quite rightly shrugged this off," says David Govett at brokers Marex Spectron ofyester
Wednesday, June 05, 2013
Charleston Voice
Redemptions in the GLD are, oddly enough, Bullish for Gold
By Eric Sprott & Etienne Bordeleau Recent outflows from physical gold exchange traded products (we use the SPDR Gold Shares, GLD) have been interpreted by the financial press as a sign of weakness in the demand for gold as an investment vehicle.1 However, a closer look at the evidence suggests otherwise: the largest outflows in the history of the GLD (see Figure 1) started well before the large drop in the price of gold we observed on April 15th, 2013 (-9%, which represents a 1 in 11 yea
Tuesday, June 04, 2013
Charleston Voice
The Comex Confirms That Its Gold and Silver Inventory Reports Are Fraudulent
Tuesday, June 4, 2013 "The information in this report is taken from sources believed to be reliable; however, the Commodity Exchange, Inc. disclaims all liability whatsoever with regard to its accuracy or completeness.  This report is produced for information purposes only." - disclaimer now posted on the Comex gold and silver daily warehouse stock report as of Monday, June 3, 2013. Well now.  How would you like to get your bank statement in the mail from JP Morgan or Bank of America and
Tuesday, June 04, 2013
Bill Murphy - Le Metropole Café
  Speechless Turd, Something Is Very Wrong, What Could Be Up! 
Turd Ferguson, of the TF Metals Report, does superb work and commentary on the precious metals markets. His latest analysis on Friday's Commitment of Traders Report caught my attention for a number of reasons, in
Monday, June 03, 2013
Bullion Vault
Gold $1400 Key for Both Western Traders and Asian Buyers as Europe Shrugs Off 2nd Slump
London Gold Market ReportSILVER and GOLDretreated from one-week highs Thursday morning in London, dropping back as European stock markets reversed earlier losses.Tokyo's Nikkei stock index had ended the day 5.5% lower, its second slump in 6 sessions after nearly doubling in six months to hit 5-year highs.New York stock futures pointed higher however, while commodities slipped and major government bonds held steady.Silver bullion tracked thegold price's earlier 1.4% rise, before slipping back ben
Friday, May 31, 2013
Bron Suchecki - Perth Mint
Hedging against price changes
Slow Loris Larry asked a few questions around who loses when prices decline and how do industry participants protect themselves against price declines. SLL: I understand that the Perth Mint does not, as it owns no precious metal. It stores allocated metal for account holders, and it backs its unallocated accounts with metal that is being refined, or fabricated, or is for sale. Being a Mint account holder, both allocated and unallocated, I know full well who is exposed to changes in the pric
Thursday, May 30, 2013
Charleston Voice
Severe Oversupply of Silver Liars - Silver Coin Bag Trading on COMEX
Most don't know or have forgotten that US circulated "junk silver" coins $1,000 bags used to trade on the COMEX in 5 bag lots/contract. I used those trades as my indicator for coin premium values vis-a-vis the bullion futures/options. The Commodity page of the WSJ reported daily. Maybe if someone had a paid WSJ subscription the archives are still there for the 1970s! Charles Savoie did a yeoman's job of assembling the below factoid which runs for 217 benchmarks! Severe
Thursday, May 30, 2013
Mark O'Byrne - gold.ie
Belgian Central Bank Says 25 Tons Or 10% of Gold Reserves on Loan
Today’s AM fix was USD 1,379.00, EUR 1,067.42 and GBP 913.43 per ounce. Friday’s AM fix was USD 1,385.25, EUR 1,068.95 and GBP 917.81 per ounce. Yesterday a national holiday was observed in both the United Kingdom and the USA. Gold is lower in all major currencies except the yen which is under pressure today due to ‘Abenomics’ concerns and concerns of further yen debasement. A firmer dollar and buoyant stock markets may be contributing to gold being under pressure.  Gold is being supported by co
Wednesday, May 29, 2013
Chris Powell - GATA
David Levenstein: Bullion bank-led casino manipulates gold price -- and everything else
The sudden dumping of huge futures contracts for gold on the New York Commodities Exchange is proof of market manipulation by a banking cartel as well as the complicity of the U.S. Commodity Futures Trading Commission, South African gold trader and bullion dealer David Levenstein writes today at MineWeb. His commentary is headlined "Bullion Bank-Led Casino Manipulates Gold Price -- and Everything Else" and it's posted here: http://www.mineweb.com/mineweb/content/en/mineweb-independent-viewpoint?
Thursday, May 23, 2013
Dan Dontrose - The Fundamental View
  My Challenge To “Whistleblower” Andrew Maguire 
Readers of my blog have known for quite some time now that I grew increasingly agitated with the charlatans pumping the gold and silver price suppression memes over two years ago and have been quite vocal about it on many occasions.  I want to be clear about this point before I continue.  My beef isn’t with people who buy gold and silver or who feel that a portion of their portfolio should be devoted to gold or silver ownership.  My beef isn’t with people that make well thought out arguments for
Tuesday, May 21, 2013
John Rubino - Dollar Collapse
  Golden Bullseye 
One of the lessons that gold bugs are learning, in the most painful way possible, is that you can't trade a manipulated market. When big players with regulatory immunity can move an asset's price -- and can see resistance/support levels and moving averages just as clearly as anyone else -- smaller traders don't stand a chance. In the gold-is-manipulated script, governments and their bullion bank proxies push the price to levels where they know hedge funds and other traders have stop-
Thursday, May 16, 2013
Alasdair Macleod - Finance and Eco.
The role of GLD and SLV 
In August 2011 I wrote to the Financial Services Authority to seek confirmation that the London-based custodians of SPDR Gold Trust (GLD) and iShares Silver Trust (SLV) were being regulated as custodians, despite the fact that physical bullion is not a regulated investment. After some chasing on my part I finally got a response, kicking my letter firmly into touch. The FSA accepted that the custodians (HSBC Bank USA NA for GLD and JP Morgan Chase Bank NA London Branch for SLV) were regulated, bu
Monday, May 13, 2013
Ben Traynor - Bullion Vault
Gold "Could Retest $1322 Low", G7 Meeting "A Chance to Consider More Monetary Activism"
London Gold Market ReportSPOT MARKET gold bullion prices fell to two-week lows Friday, drifting lower towards $1440 an ounce during this morning's London session before dropping sharply through that level, as stocks gained and most commodities fell as the Dollar strengthened against major currencies.Silver fell to $23.34 an ounce, while copper prices ticked higher."The risk [for gold] is a break through support [will] test the $1322 low," say technical analysts at bullion bank Scotia Mocatta, wh
Friday, May 10, 2013
Bullion Vault
Gold "Still Bearish" as Western Buying "Cools", But Indian Festival Demand Seen Matching
London Gold Market ReportSPOT GOLD PRICESslipped back below $1470 per ounce Thursday morning in London, drifting as world stock markets failed to follow Wall Street higher, where equities yesterday hit new all-time highs.Silver held above $24.00 per ounce, just shy of last week's finish, as commodities slipped overall.A rise in Sterling after the Bank of England held its monetary policy unchanged drovegold pricesdown to £942 per ounce for UK investors. Government bond prices meantime rose everyw
Thursday, May 09, 2013
Darryl Robert Schoon - Survive the Crisis
Gold - Who's selling who's buying who's lying 
Although the Pharisees of paper money successfully forced down the price of gold, like those who lobbied Pontius Pilate to crucify Jesus, the consequences of their actions will backfire beyond their wildest imagination.The decision of the paper money cabal to force down the price of gold is akin to Japan's decision to attack Pearl Harbor. Although the attack was successful, the eventual consequences were not what Japan had envisioned.Recently, an article, The Gold Correction: What's the Big Deal
Thursday, May 09, 2013
Ben Traynor - Bullion Vault
ETF Selling "Key Downside Risk" as Gold "Struggles in Sideways Resistance Range"
London Gold Market ReportWHOLESALE gold market prices fell to $1460 an ounce Tuesday morning, around ten Dollars lower than where it closed last week, as the FTSE in London ticked higher following yesterday's UK bank holiday.Other European stock markets also edged higher, while the Euro gained against the Dollar immediately following the release of better-than-expected German factory orders data.Silver meantime fell below $23.70 an ounce, nearly 2% down on the week so far, while other industrial
Tuesday, May 07, 2013
Paul Tustain - Galmarley.com
  Calculating the "Fair Value" of Gold 
In the absence of cashflow, judging gold's present "fair value" means analysing it like an insurance actuary would...
Tuesday, May 07, 2013
Bullion Vault
  Shanghai's Gold Premium "Crashes" as China Returns from Labor Day, ECB Cut Buoys Euro
London Gold Market ReportLONDON PRICES for gold and silver both ticked higher Thursday morning, recovering half of Wednesday's 2.4% and 4.6% falls respectively.European stock markets reversed earlier losses and commodities also bounced after the European Central Bank decided - as widely expected - to cut its key interest rate to a new all-time low of 0.5%.Priced in the Euro both gold and silver were little changed as the single currency bounced back towards yesterday's 2-month highs."The Chinese
Thursday, May 02, 2013
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