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 | Mark O'Byrne - gold.ie |
A beginner's guide to investing in Gold  |
One’s motivation for buying gold is fundamental to deciding in which form you should buy it. Are you a speculator, investor or saver? Do you wish to take a short term speculative position in gold? Are you investing for the short, medium or long term? Or are you diversifying, saving or using gold as a form of financial insurance?Wednesday, March 3, 2021 |
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 | John Butler - Goldmoney |
Financial crisis dynamics, the ‘shadow’ gold demand, and Mene |
The study of financial crises is as old as the economics discipline itself. One of the most prominent theorists of financial crises ever to hold a senior Federal Reserve policy position was John Exter, vice-president of the New York Federal Reserve during the 1950s. Several years ago I co-wrote a series of essays on Exter’s theories together with his sonin- law, Barry Downs. In this paper, building on Exter’s work, including his eponymous ‘pyramid’, I introduce a new ‘hourglass’ framework for unSaturday, November 14, 2020 |
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 | Nathan Lewis - New World Economics |
God, Gold and Guns |
We’ve been looking into One Nation Under Gold (2017), by James Ledbetter.
October 2, 2017: One Nation Under Gold (2017), by James Ledbetter
October 14, 2017: One Nation Under Gold #2: The Silliness of the Bretton Woods Years
Now, we will follow Ledbetter’s account of the end of Bretton Woods in 1971, up to the present.
The account of the 1971 devaluation was, following the pattern of this book, long on details but short on insight. It seemed to people at the time that they “had no choice,” thatSaturday, October 24, 2020 |
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 | Mark O'Byrne - gold.ie |
What is the Gold Fix |
What is the Gold Fix?
To help facilitate trades on the London gold market, the price of gold is "fixed" twice each weekday. The Gold Fix is determined by a five member panel, known as The London Gold Market Fixing Ltd.
The Gold Fix is used to help members of the London Bullion Market Association (LBMA) complete trades. The gold fix sets values in US dollars, British Pounds and Euros, and is used as a benchmark price by most of the world's markets for bullion and other gold derivatives.
The LondoTuesday, September 29, 2020 |
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 | Mark O'Byrne - gold.ie |
The London Bullion Market Association |
The LBMA, or London Bullion Market Association, offers "over-the-counter" (OTC) wholesale trading of gold and silver bullion between members.
The LBMA operates the worlds largest OTC gold market, trading an average of $13.9 billion worth of bullion (equivalent to 18.3 million ounces, or 52,875 Good Delivery bars) each day. Because of its importance to the global bullion trade, the LBMA oversees spot dealing in gold and silver for most of the world.
Gold traded by members of the London Bullion MaMonday, July 27, 2020 |
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 | Perth Mint Blog - Perth Mint Blog. |
The ultimate guide to silver |
Thinking about investing in silver? Here's your essential guide to the history, culture and science of one of the most remarkable metals known to man.
. The Periodic Table lists elements in order of atomic weight. At 47 on the table, silver is represented by 'Ag' from argentum, the Latin description for white, shiny metal.
. Silver is one of the seven so-called 'metals of antiquity' which mankind identified and found uses for thousands of years ago.
. First mined around 3,000 BC iFriday, May 8, 2020 |
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 | Chris Powell - GATA |
RT publishes detailed report by Ronan Manly on gold price suppression |
Gold researcher Ronan Manly, whose work is regularly posted at Bullion Star and publicized by GATA, has provided to Russia Today a detailed report on the history and mechanisms of gold price suppression by major governments and central banks.
While its details will not be new to those who follow GATA, Manly's report may be most significant for establishng again that the government of Russia, which owns RT, knows all about the gold price suppression scheme and has known at least since the deputy Sunday, March 18, 2018 |
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| Bullion Vault |
Gold and Silver Trading Down to New Euro Lows as ECB Cuts 42 Words on QE |
GOLD and SILVER TRADING in London's wholesale bullion market saw prices hold firm in everything but the single Euro currency on Thursday as the European Central Bank dropped a commitment to boost its QE stimulus if the economic or financial outlook worsens.
Platinum prices also fell hard against the Euro as the ECB cut
42 words first used in March 2016 from its monetary policy statement.
Friday, March 9, 2018 |
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 | Ronan Manly - Bullion Star |
LBMA Alchemy and the London Gold and Silver Markets: 2 Steps Back |
“Did you think that the high-powered world of the LBMA would operate in a fishbowl for all to see?
We cannot take what is on the outside as evidence for what is on the inside.”
Thoughts of ANOTHER – October 1997
LBMA Gold Price and LBMA Silver Price – Price Publication Delays
In August 2014, the long-standing and tainted London Silver Fixing daily auction was replaced by a newly launched London Bullion Market Association (LBMA) Silver Price daily auction. Similarly, in March 2015, the infamousThursday, March 8, 2018 |
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 | Chris Powell - GATA |
Ronan Manly: LBMA stalls daily gold and silver price auction fix reports |
The London Bullion Market Association, gold researcher Ronan Manly discloses today, has stopped providing timely reports of the daily gold and silver auction price fixes and has against postponed its plans to publish trade data about the monetary metals.
Manly writes: "It must be obvious to everyone that the LBMA and its bullion bank members do not want the transparency that gold and silver trade reporting would provide. Otherwise they would not have spent four years on a project that any indiviThursday, March 8, 2018 |
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 | Mark O'Byrne - gold.ie |
Gold Corridor From Dubai to China Sought By China |
– Gold corridor from Dubai to China sought by Chinese Gold & Silver Exchange Society– New Asian gold trading corridor could boost demand for 1 kg gold bars– Should increase turnover for yuan-denominated gold coins and bars – President
– Secure supplies of physical gold from Middle East and Asia for China
– China positioning itself as leading gold trading and owning nation
by
The Chinese Gold & Silver Exchange Society (CGSE), Hong Kong’s gold exchange, is in talks with Singapore, Myanmar and DubTuesday, February 27, 2018 |
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 | Adrian Ash - Bullion Vault |
London Gold Trading Up, Physical Flows Down in 2017 |
4-year high in London bullion trading as gold bar holdings grow...
GOLD TRADING in the world's central wholesale market of London rose to a four-year high by volume and value in 2017, but physical flows of bullion bars through the UK fell by one quarter, down for the first year since 2014,
writes Adrian Ash at BullionVault.
Data reported by industry body the London BulliWednesday, February 21, 2018 |
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 | Chris Powell - GATA |
Ronan Manly: LBMA promises transparency but never delivers |
Gold researcher Ronan Manly today examines the years-long racket of the London Bullion Market Association's promising greater transparency in the gold market while always failing to deliver. Manly's analysis is headlined "What's Happening (or Not) at the LBMA: Some Updates" and it's posted at Bullion Star here:
https://www.bullionstar.com/blogs/ronan-manly/whats-happening-not-lbma-u...Friday, February 2, 2018 |
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 | Przemyslaw Radomski CFA - SunshineProfits |
Four Key Trends for Gold Market in 2018 |
The World Gold Council published its gold market outlook for 2018. Will gold continue its January rally or should we expect declines?
Solid Gold’s Performance in 2017
The World Gold Council begins its report with a short summary of 2017. The organization points out that gold performed relatively well, given the fact that the global economy picked up, risk assets rose in value, while the Fed hiked interest rates three times. Against this backdrop, the price of gold in U.S. dollars rose 13.5 perceThursday, February 1, 2018 |
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 | Ronan Manly - Bullion Star |
What’s Happening (or Not) at the LBMA: Some Updates |
This article is in 3 parts and covers a) upcoming trade reporting in the London gold market which is being led by the London Bullion Market Association (LBMA), b) the recent publication by the LBMA of a Guide to the London OTC precious metals markets, and c) an update on monthly vault reporting which the LBMA and the Bank of England launched in 2017.
LBMA Trade Reporting
The lack of trade reporting in the London gold market is possibly one of the biggest ommissions in global financial markets, sThursday, February 1, 2018 |
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 | Chris Powell - GATA |
LBMA hopes that blockchain can track everybody's gold |
By Eddie Van Der Walt and Ranjeetha Pakiam
Bloomberg News
Tuesday, January 23, 2018
Gold is going digital.
Blockchain technology may help keep track of the roughly $200 billion of the precious metal dug from remote mines, traded by middlemen, and melted down by recyclers that's sold each year to buyers scattered around the world.
The London Bullion Market Association, which oversees the world's biggest spot gold market, will seek proposals including the use of blockchain for tracing the origins Tuesday, January 23, 2018 |
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 | Chris Powell - GATA |
As Asia takes over gold trade, World Gold Council considers standard for kilobars |
LONDON -- The World Gold Council is studying the creation of a global standard for gold kilobars so they can be deployed as collateral in futures markets and potentially encourage demand, sources close to the matter said.
Kilobars -- 1 kilogram gold bars -- dominate Asian trade but a lack of transparency about their origin and the absence of a global standard hinders their use on exchanges elsewhere.
Clearing houses, some of which allow bullion to be used as collateral on futures markets, might Monday, January 22, 2018 |
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 | Mark O'Byrne - gold.ie |
‘Gold Strengthens Public Confidence In The Central Bank’ – Bundesbank |
– ‘Availability of gold strengthens public confidence in the central bank’s balance sheet’ say Bundesbank
– Bundesbank has Audited Reserves amounting to almost 3,400 tonnes, around 68% of Bundesbank’s reserve assets
– Bank taken series of steps to increase transparency around Germany’s gold holdings
– Germany has second largest gold holdings in the world; U.S. believed to be largest
– Transparency important and all central banks should follow the Bundesbank lead
Editor: Mark O’Byrne
Germany’s cSunday, December 31, 2017 |
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 | Chris Powell - GATA |
Stewart Dougherty: 'Exchange for physicals' erase government trades that rig gold price |
Financial writer Stewart Dougherty argues today that the supposedly "emergency" procedure in the New York Commodities Exchange's gold futures market, "exchange for physicals," is part of a mechanism that governments use to vaporize contracts created by their own trading that aims to keep the gold price in a tight channel.
Dougherty writes that this is why, while "the enormous gold futures trading volume in New York and London would by now almost certainly have produced delivery failures if they Tuesday, December 19, 2017 |
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| Graham Summer - Gains Pains & Capital |
‘Gold Strengthens Public Confidence In The Central Bank’ – Bundesbank |
‘Gold Strengthens Public Confidence In The Central Bank’ – Bundesbank
- 'Availability of gold strengthens public confidence in the central bank’s balance sheet' say Bundesbank- Bundesbank has Audited Reserves amounting to almost 3,400 tonnes, around 68% of Bundesbank’s reserve assets- Bank taken series of steps to increase transparency around Germany’s gold holdings- Germany has second largest gold holdings in the world; U.S. believed to be largest- Transparency important and all central banks Tuesday, December 19, 2017 |
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