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| RATIOS & INDEXES |
| Gold / Silver | 61.20 |
| Gold / Oil | 14.32 |
| Dowjones / Gold | 11.16 |
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 | Articles related to Gold Bullion |  |
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| Bullion Vault |
| Fresh Plunge in Precious Metals "Natural" as Bearish Money Managers Hold "Upper Hand" Ov |
| WHOLESALE PRICESforgold and silver rallied from a fresh plunge in early London dealing on Monday,rising to stand unchanged and 2.3% lower respectively from the end of lastweek's trade by lunchtime.Asian stock markets closed sharply higher, even as the Japanese Yen reversedFriday's drop to new 4-year lows against the US Dollar.Commodities ticked lower as did major government bonds. Silver prices todaytouched the lowest level in 44 months, dropping within 25¢ of $20 per ounce.This morning London'sMonday, May 20, 2013 |
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 | Jesse - Le Café Américain |
 Marking the Field: US Stated Gold Reserves and Gold Held at the Fed - World Gold and Gold Swaps |
| The US Treasury says that it holds 261,499,000 fine troy ounces in its international reserves.
The gold is valued on the books at $42.2222 per fine troy ounce. This represents a total value of $11,041,063,078.
Since there are 32,150.7466 troy ounces in a tonne, the US Treasury has 8,133.53 tonnes of fine gold on its books. Note that the number as presented on a copy of the official US Treasury statement shown below includes 'gold swaps.'
A discussion of the procedures and nature of goldMonday, May 20, 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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 | The Gold Report |
| Gold and Bitcoin: Currencies of the Future?James Turk |
| The Gold Report: James, from your perspective in Europe, is the region in as bad a financial crisis as it appears in the headlines here in the U.S.?
James Turk: Yes, it really is. However, Europe is a big place, and you have to look at the individual countries one by one to understand the situation. Generally speaking, the Mediterranean countries are in the worst shape. Germany has been in the best shape, although recent economic data indicate it may be falling into a recession again. France isSaturday, May 18, 2013 |
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 | Przemyslaw Radomski CFA - SunshineProfits |
| Bullish Picture for the USD and Stocks and Its Implications for Gold and Silver |
| The latest World Gold Council Gold Demand Trends report shows that the gold market is driven by diverse global demand, and the appetite for owning gold jewelry, bars and coins continues to grow.
“The price drop in April, fuelled by non-physical moves in the market, proved to be the catalyst for a surge of buying that has left many retailers short of stock and refineries introducing waiting lists for deliveries,” said Marcus Grubb, Managing Director of Investment at the World Gold Council. “WhatSaturday, May 18, 2013 |
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 | Antal E. Fekete - Gold University |
How to protect one’s pension with Gold  |
| Greed is as old as human race. The last time it overtook husbandry in the realm of gold was over 35 years ago. In 1968 you could still buy gold at $35 per oz. The price had not changed for 35 years, since 1933, in spite of six years of depression; six years of World War II; six years of Marshall give-away; six years of Korean War; six years of escalation of the Vietnam War; the Berlin blockade, the Cuban missile crisis and other Cold War battles. All these historic events have contributed to monetary depreciation in the order of 75 percent. The gold mining industry was badly hurting. Yet it kept producing and selling gold at break-neck speed as if there was no tomorrow. The gold producers of the 1960s, just as those of today, were doped by the paper-money magic. They were coaxed out of their possession of a real asset to exchange it for a phony one. In giving it up at a ridiculous price they were unwitting stooges helping postpone the day when gold could break its shackles. Nobody then or since has bothered pointing out the folly of the inmate who would ingratiate himself to the jail-keepers by assisting them to make his yoke heavier.Saturday, May 18, 2013 |
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| Ben Traynor - Bullion Vault |
| Precious Metals Hit 3-Week Lows, ETFs "Could Sell Another 250 Tonnes of Gold" |
| London Gold Market ReportWHOLESALE gold bullion prices fell to three week lows around $1410 an ounce Wednesday, as European stock markets ticked higher, reversing earlier losses following disappointing Eurozone growth data.Gold in Euros fell as low as ?1094 an ounce, while gold in Sterling fell below £930 an ounce."Gold spot is approaching the support [level] of $1403 [an ounce]," say technical analysts at Societe Generale."There is no significant level of support between here and the low from AWednesday, May 15, 2013 |
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 | Mark O'Byrne - gold.ie |
| South Africa Imports $1 Billion of Unwrought Gold to Meet Global Demand |
| Today’s AM fix was USD 1,412.25, EUR 1,094.51 and GBP 926.67 per ounce.
Yesterday’s AM fix was USD 1,436.50, EUR 1,103.47 and GBP 938.15 per ounce.
Cross Currency Table – (Bloomberg)
Gold dropped $6.00 or -0.42% yesterday to $1,425.40/oz and silver finished - 1.02%.
On Tuesday 14th May, workers at Lonmin PLC, the world’s No. 3 platinum producer in South Africa began a wildcat strike. This caused immediate disruption of all mine production and led to concerns that South Africa was yet again Wednesday, May 15, 2013 |
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 | Steve Saville - Speculative Investor |
| Comparing long-term gold-mining bull markets |
| The last long-term bull market in gold-mining stocks, which ran from the early-1960s through to 1980, occurred in parallel with a major upward trend in interest rates, a steady undercurrent of "inflation" fear, and the occasional dramatic "inflation" scare. However, the current -- we think it's still current, although this won't be proven until the gold-stock indices exceed their 2011 pTuesday, May 14, 2013 |
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| Jesse - Le Café Américain |
| Gold Daily and Silver Weekly Charts - South Africa Imports $1 Billion In Gold Bullion From NYC? |
| The stories on the sidebar are interesting today. The last piece by Golem XIV about What Bankers Don't Know is a 'must read' in my opinion.
I was greatly amused to read that South Africa imported about a billion dollars in gold bullion from New York earlier this year, an amount large enough to turn their trade surplus into a deficit.
The reason given was that South Africa had problems in its mining sector because of union actions etc.
What is not stated is that it was cheaper for South AfricTuesday, May 14, 2013 |
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| Jan Skoyles - The Real Asset Co |
| No cheap gold in Vietnam |
| One must wonder how Vietnam, a country where gold investing between 2011-2012 accounted for over 3% of GDP, has handled the global dash for gold in recent weeks.
The country’s central bank and citizens hold more gold per capita than India and China, and they have been unable to benefit as well as their neighbours from the low gold prices. Whilst gold shortages induced premiums to be charged in both India and China, they were not to the extent seen in Vietnam.
Here, the gold market is heavily regTuesday, May 14, 2013 |
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 | Perth Mint Blog - Perth Mint Blog. |
| Extremely Low Mintage Gold Bullion Coins |
| BULLION BARS AND COINS Here's an interesting insight into the rarest gold bullion coins from Series I and Series II of the Australian Lunar program. Launched in 1996, Series I ran until 2007 when production of all coin sizes ceased. Series II began in 2008 and final mintages have been declared for coins portraying the first five (of 12) designs. Rarest coins in each size Over the course of the program to date, Australian Lunar gold bullion coins have been offered in eight different sizes. MouseMonday, May 13, 2013 |
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| Ben Traynor - Bullion Vault |
| Precious Metals Fall as US Dollar Holds Gains, India's New Import Restrictions "Could Cut Gold Impor |
| London Gold Market ReportSPOT MARKET gold bullion prices fell to $1430 an ounce Monday, 1.2% down on where they ended last week, as stock markets also fell and the US Dollar held onto most of its gains from last week.Silver fell to $23.70 an ounce - 0.8% down on last week's close - as other commodities also fell, with the exception of copper.India's central bank meantime confirmed proposed restrictions on gold imports that one refiner said could lead to gold imports falling by half this year.SinMonday, May 13, 2013 |
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| Mark O'Byrne - gold.ie |
| China’s Consumption of Gold and Acquisition of Gold Mines Continues |
| Today’s AM fix was USD 1,429.75, EUR 1,102.52 and GBP 931.19 per ounce.
Friday’s AM fix was USD 1,449.25, EUR 1,114.12 and GBP 941.62 per ounce.
Cross Currency Table – (Bloomberg)
Gold fell $12.90 or -0.89% on Friday to $1,443.30/oz and silver finished with a gain of 0.42%. Gold and silver both traded down for the week at -1.76% and -1.25%.
The downward pressure on the gold price emanated from Comex where gold futures were off 1.9%.
Driving the sentiment was the report that U.S. jobless benMonday, May 13, 2013 |
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 | Adrian Ash - Bullion Vault |
| Really Real Rates vs. Gold |
| Quantitative easing and zero rates haven't worked. So let's have much more of 'em, eh...?GOLDattracts investment capital when other asset classes fail to deliver.So now equities have clearly regained their appeal after more than a decade of what finance professionals would rather we called "sub-optimal" returns, gold investing has lost its urgency for money managers. Indeed, it's become a neat little "short" to trade against whilst picking the next winner in the S&P's all-time high dash.More telMonday, 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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| Mark O'Byrne - gold.ie |
| Abenomics Brings Currency Wars to G7 Talks |
| Today’s AM fix was USD 1,449.25, EUR 1,114.12 and GBP 941.62 per ounce.
Yesterday’s AM fix was USD 1,469.50, EUR 1,118.68 and GBP 944.59 per ounce.
Cross Currency Table – (Bloomberg)
Gold fell $16.40 or 1.11% yesterday to $1,456.20/oz and silver finished down 0.92%.
As the global economic slump continues central bankers, such as Mario Draghi, and politicians have vowed “to do whatever it takes” to get economies back on track. Such policies while having near term benefits are considered extreFriday, May 10, 2013 |
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