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| RATIOS & INDEXES |
| Gold / Silver | 61.73 |
| Gold / Oil | 14.89 |
| Dowjones / Gold | 10.96 |
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 | Articles related to Global Economy |  |
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| Bullion Vault |
| Bullion Rallies Despite "Losing US Fed Prop" as Stock Markets Sink on Weak China Data |
| BOTH gold and silver rose in Asian and London trade Thursday morning,defying a sharp slide in global stock markets to gain 3.0% rally fromyesterday's sharp sell-off. Commodity prices fell as major governmentbonds rose but weaker Eurozone debt slipped, pushing interest rates higher. Tokyo's Nikkei index - up by 85% fromNovember- dumped more than 7% after new data showed a surprise contraction inChina's manufacturing sector. Private "retail" investors have"abducted" the Japanese stock market, accoThursday, May 23, 2013 |
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| Bulllion Vault - Bullion Vault |
| Asian Gold Premiums Hit New Highs as Europe Urged to Start "Agressive QE" |
| London Gold Market ReportBULLION prices rose throughout Asian and early London trade on Wednesday morning, touching $1398 per ounce for the third time this week and recovering 4.4% from Monday's one-month low.Silver rose more steadily, and was capped below $22.80 as energy prices slipped and agricultural commodities held flat.Tuesday's retreat in the gold price today pushedgold barpremiums in Hong Kong to new record highs says Reuters, hitting $6 per ounce over and above international benchmark Wednesday, May 22, 2013 |
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 | Rick Ackerman |
| Why Even Talk of Tightening Could Be Fatal |
| Repeat after us: There is zero chance the Fed is going to tighten…zero chance…zero chance…zero chance. We’ve made this point so often here that it is has practically become a mantra at Rick’s Picks. It has also been amplified, refracted and explicated – though not hotly debated – in our forum, where there are apparently few who expect any change in Fed policy. As how could there be? For even the slightest hint that easing is about to taper off, let alone end, would bring on the Second Great DWednesday, May 22, 2013 |
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 | John Rubino - Dollar Collapse |
 Velocity of Money and the Crack-Up Boom |
| Based on both recent history and mainstream economic theory the past few years
should not have been possible. When you cut interest rates to near-zero, run
deficits of 10% of GDP and buy up every government bond in sight with newly
created currency, you get a boom, end of story. That's just the way capitalism
works.
But this time was different. After four years of QE and ZIRP and all the other
easy-money acronyms, we entered the month of May with Europe in a deepening
recessionSunday, May 19, 2013 |
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 | Clif Droke |
| When central banks buy stocks |
| The investment story of the year to date is the central bank-led financial market recovery. While everyone is aware of the impact the Fed's $85 billion-a-month asset purchases is having on stocks, few investors realize that central banks are making direct purchases of stocks. The implication of this new development is shocking. Bank of America stated that global central banks have cut rates an incredible 511 times since June 2007 in an effort at re-inflating the global economy. "Most centralSaturday, May 18, 2013 |
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 | Jan Skoyles - The Real Asset Co |
| Unveiling the gold market’s working parts |
| On the 12th and 15th April gold fell victim to a price smash.
Why this happened is something which is open to much analysis and theorising. For the mainstream media it was down to an improving global economy and the need to hold gold no longer existed, for those in the world of gold investment this was perhaps down to more of the politics behind the gold-market than the economics.
On April 12th 3.4 million ounces (100 tonnes) of gold was sold in the US futures markets. This was just for startersSaturday, May 18, 2013 |
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 | FOFOA - FoFOA |
Glimpsing the Hereafter 2  |
| In this, my 400th post, I will peer into the future, to the Freegold revaluation and beyond. But I do not have an actual crystal ball. All I have is logic and reason, and a little help from Another and FOA. So to quote FOA, "If you came with a notion that I am someone who sees the future, grab the children and run far away." But if you came bearing your own logic and reason, then perhaps you will find this post useful. :D
I will touch on a few topics that have been the subject of recent disSaturday, May 18, 2013 |
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 | The Gold Report |
| Tips for Diversifying Beyond Gold from Brent Cook |
| The Metals Report: In April, a landslide shut down operations at one of the largest copper mines in the world, Rio Tinto Plc's (RIO:NYSE; RIO:ASX; RIO:LSE; RTPPF:OTCPK) Bingham Canyon mine. Thankfully, no one was injured. Are landslides always a threat at large, open-pit mines? Will this change the standards for how mines are built and their size?"The slide represents close to 165 million tons of rock that will need to be moved out eventuallythe equivalent of moving a whole mine."Brent Cook: LaTuesday, May 14, 2013 |
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| Clif Droke |
| Margin debt and the next stock market crash |
| The latest fear on Wall Street is that record levels of margin debt may end up toppling the stock market rally. NYSE margin debt recently reached its highest level since 2007 before the last major stock market peak and credit crash. Stephen Suttmeier, technical research analyst at Bank of America, noted that margin debt, rose 28% in March from a year ago to $380 billion. That figure is slightly below the July 2007 peak of $381 billion, although analysts speculate that April's margin debt totalsTuesday, May 14, 2013 |
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 | Bob Hoye - Institutional Advisors |
| Like There is No Tomorrow |
| Signs Of The Times
"Fed Vice Chair, Janet Yellen, doesn't see 'Significant asset bubbles
that would threaten financial instability'."
- Bloomberg, April 16
"Extraordinarily loose monetary policy risks sparking credit bubbles
that threaten to tip the world back into financial crisis."
- IMF Warning, Financial Times, April 18
Financial bubbles are not new and the following quoteMonday, May 13, 2013 |
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| Aubie Baltin |
History’s Best Gold Buying Opportunity – Dr Baltin  |
| There is only one difference between a bad
economist and a good one: The bad economist confines himself to the
visible effect; the good economist takes into account both the effect
that can be seen and more importantly, those effects that must be
foreseen. The bad economist pursues a small, present good that will be
followed by a great evil to come, while the good economist pursues a
great good to come, at theMonday, May 13, 2013 |
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 | Toby Connor - Gold Scents |
| Euphoria Phase Turns into the Parabolic Phase |
| The euphoria phase of the bull market that I warned about months ago is now beginning its final parabolic phase. I'm guessing we still have another month to month and a half before this runaway move finally ends. Depending on how far above the 200 day moving average it ends up stretching, I think there's a pretty good chance we will see the entire intermediate rally wiped out in a matter of days or even hours when this house of cards finally comes tumbling down. That is how these runaway moves tThursday, May 09, 2013 |
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 | Jeffrey Nichols - Nichols on Gold |
| GOLD — Confounded by the Machines and Dark Pools |
| Gold continues to confound, dropping another $25 an ounce this morning as technical and computer-driven program trading triggers selling on U.S. derivative markets, all despite favorable fundamentals and what should be seen as favorable economic and geopolitical developments.
Gold Lower Despite Bullish News
This morning’s dispatches from India and China, the two biggest gold-consuming nations, report that demand in these markets continues unabated . . . and coin dealers report still-strong retaiWednesday, May 08, 2013 |
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 | Chris Powell - GATA |
| What a 'bear market'! India's gold imports seen topping 100 tonnes for second month |
| By Prabhudatta Mishra
Bloomberg News
Wednesday, May 8, 2013
http://www.bloomberg.com/news/2013-05-08/gold-imports-by-india-seen-topp...
NEW DELHI -- Gold imports by India, the world's largest consumer, are set to exceed 100 metric tons for a second month in May as jewelers rush to beat central bank curbs on overseas bullion purchases by banks, a refiner said.
The biggest slump in gold prices in more than three decades on April 15 spurred banks, traders, and jewelers to import more than 100 tons Wednesday, May 08, 2013 |
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 | James Howard Kunstler |
 The Deep End of the Risk Pool |
| Where on earth did Paul Krugman get the idea -- expressed Monday morning -- that ours is "a weak economy?" The Dow Jones Industrial Average is about to scale previously uncharted heights and the Standard & Poors Index is piling onto its molehill, too. If stocks are up the economy can't be weak since stock markets = the economy. All the efforts of the Gitchi Manitou behind the operations of money, the Federal Reserve, are bent toward inflating the stock markets, including now the novelty of outriMonday, May 06, 2013 |
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 | Mish - Global Economic Analysis |
| China Services PMI Slows to Marginal Rate of Growth |
| Fresh on the heels of a report that shows China Manufacturing PMI barely Above Contraction comes news the Chinese service sector is following suit.
The Markit China Composite PMI shows Activity growth eases across both the manufacturing and service sectors in April.
Key Points
Composite data signals slower activity and new business growth in April
Total employment falls for first time since last October
Both input prices and output charges decline at the composite level
HSBC China ComposiSunday, May 05, 2013 |
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 | George F. Smith - Barbarous Relic |
| Would you watch a movie about a counterfeiting cartel? |
| One of the biggest strangleholds on our freedom is the money and banking system we’re forced to endure. I wrote a novel about it in 2008. It’s good, especially for a first novel, but good isn’t good enough. It doesn’t have the broad appeal I wanted. It steps hard on some cherished postulates such as the legitimacy of U.S. entry into World War I. It was supposed to be the war to end all wars, not an expedient to save Morgan’s investments.
World War I was a classic example of the wealth traSaturday, May 04, 2013 |
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 | John Browne - Euro Pacific Capital |
Gold Recovers Amidst Uncertainty  |
| The selloff in gold that captured the world's attention in mid-April has revealed some truths about how the market trades and the sentiments of many of the investors who have piled into the trade over the past few years. While the correction does highlight a higher degree of uncertainty than many of the most ardent gold advocates had anticipated, it does not represent the historic "end of an era" reversal that the many in the media have so gleefully suggested. In many ways, the market has shownFriday, May 03, 2013 |
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| Clif Droke |
| How the Fed creates bull and bear markets |
| Bull and bear markets don't just happen - they're created by the Federal Reserve. While few investors dispute the power that Fed interest rate policy has on the market, the extent to which it influences the direction of stock prices in both directions is often downplayed. Moreover, the health of the economy is often decided by the Fed's interest rate policy.While it's no secret that loose monetary policy on the Fed's part benefits stocks and can lead to credit bubbles, researchers tend to undeFriday, May 03, 2013 |
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| Mish - Global Economic Analysis |
| April 2013 Manufacturing ISM at a Glance; What do the Numbers Mean? |
| US Manufacturing as measured by the April 2013 Manufacturing ISM Report On Business® is treading water barely above contraction.
Economic activity in the manufacturing sector expanded in April for the fifth consecutive month, and the overall economy grew for the 47th consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report On Business®.
ISM at a Glance
Series DataApr IndexMar IndexPercentage Point ChangeDirectionRate of ChangeTrend (Months)
PMI™50.751.3-Wednesday, May 01, 2013 |
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