Articles related to gold reserves
Alasdair Macleod - Finance and Eco.
Outlook for the dollar price of gold
Now that gold has become overbought on Comex, the price is vulnerable to being trashed, yet again, by the too-big-to-fail banks. It is a familiar operation in gold futures markets, where speculators buying contracts protect themselves with stop-losses.All the TBTF banks need is a pause in the speculator’s buying and a little good news (bad for gold). Ideally, the active contract will be running into maturity, so the speculators are forced to put up or shut up: in other words, sell the contract,
Friday, September 15, 2017
Jan Skoyles - GoldCore
Oil Rich Venezuela Stops Accepting Dollars
President Maduro ‘ Venezuela will create a basket of currencies to free us from the dollar,” Oil traders ordered to stop accepting U.S. dollar in exchange for crude oil Order comes following calls from Russia and China to find alternatives to current reserve system U.S. Dollar accounts for two-thirds of global trade Venezuela has over ten-times more oil than United States Super powers are gradually turning to gold to avoid using world’s main reserve currency Are we seeing the beginning of the en
Thursday, September 14, 2017
Charleston Voice
Did Eisenhower Loot the Nazi Gold Treasures for his Bankster Handlers? 
In early 1945, it became clear that the military situation of the city had become hopeless. East of the Red Army was approaching rapidly, and from the air let the constant series of Allied bombing raids after no more. At 31 January 1945 suggested that the Minister of Finance, Ernst-
Thursday, September 14, 2017
Chris Powell - GATA
Jim Rickards: The truth about the Fort Knox gold
Fund manager, author, and newsletter editor James G. Rickards writes today that the U.S. government declines to audit its gold reserves because it doesn't want the world to realize gold's importance in the world monetary system. Rickards adds that much of the U.S. gold reserves could be leased even as all the metal remains in government vaults. Rickards' commentary is headlined "The Truth About the Fort Knox Gold" and it's posted at the Daily Reckoning here:
Saturday, September 9, 2017
Bill Holter
Mutiny “For” The Bounty? 
China recently announced they will trade oil for yuan “backed” by gold. The story has gotten some press (none of it mainstream mind you), and many have questions as to what it really means. While quite complicated as a whole, when you break this down into pieces I believe it is a quite simple and logical end to Bretton Woods. For a background, China has had an exchange open for about a year where gold can be pu
Thursday, September 7, 2017
Egon von Greyerz - Matterhorn AM
There are lies damned lies and Central Bank Gold statistics. Total official global gold holdings are reported to be 33,000 tonnes. That is 19% of all the gold ever produced in the world. But how can anyone ever believe any of these figures. Because no central bank ever has a public audit of all its gold holdings. Since the gold belongs to the people, they have the right to know if the gold actually exists, especially since the gold reserves are backing the currency. Why is the US gold not audite
Monday, September 4, 2017
Chris Powell - GATA
Huge World War II bomb being defused near German gold reserves
FRANKFURT, Germany -- Frankfurt's city center, an area including police headquarters, two hospitals, transport systems, and Germany's central bank storing $70 billion in gold reserves, will be evacuated on Sunday to allow the defusing of a 1.8-ton World War II bomb. A spokesman for the German Bundesbank said "the usual security arrangements" will remain in place while experts work to disarm the bomb, dropped by the British air force and uncovered during excavation of a building site. The Bundesb
Friday, September 1, 2017
Dan Popescu - GoldBroker
  Above-ground Gold Stock - How Much Is There and Why Does it Matter? 
To understand the price of gold, the relevant supply is the total supply, not the new supply coming to market during the last year, week or month. The supply of gold consists of all of the supply that exists, and the relevant demand is the total demand, not the new demand coming to market during any year. For gold, there is always a large stockpile, and it never gets smaller. The vast majority of all the gold mined throughout human history still exists and is held either in bars, coins, or jewel
Friday, September 1, 2017
The Daily Market Report: Gold’s Dip Below $1300 Attracts Fresh Buying
USAGOLD/Peter Grant/08-31-17 Gold ticked briefly below 1300.00 in overseas trading, before renewed buying interest emerged. The yellow metal is now up nearly 1% on the day; $20 off the intraday low. Geopolitical tensions continue to ratchet higher: The U.S. conducted live-fire bombing runs on the Korean Peninsula yesterday, along with South Korean and Japanese planes. Some of the planes were reportedly nuclear capable B1s from Andersen Air Force base on Guam. Treasury Secretary Mnuchin contends
Thursday, August 31, 2017
Chris Powell - GATA
Central banks won't audit their gold because it's gone or impaired, von Greyerz says
Central banks forbid independent audits of their gold reserves, gold fund manager Egon von Greyerz notes today in an interview with King World News, because much of that gold is either missing entirely or impaired by leases and swaps. For example, von Greyerz adds, the gold supposedly still being kept in the United States by Germany's Bundesbank rather than repatriated to Germany is probably long gone. Von Greyerz does not cite it specifically, but anyone who doubts what he says should review th
Monday, August 28, 2017
Alasdair Macleod - Finance and Eco.
Gold – crossing the Rubicon
Gold is challenging the $1300 level for the third time this year. If it breaks upwards out of this consolidation phase convincingly, it could be an important event, signalling a dollar that will continue to weaken.The factors driving the dollar lower are several and disparate. The US economy is sluggish relative to the rest of the world, the rise of Asia from which America is excluded is unstoppable, geopolitics are shifting away from US global dominance, and the end is in sight for monopolistic
Sunday, August 27, 2017
Chris Powell - GATA
Ronan Manly: Mnuchin's PR visit to Fort Knox proved nothing about U.S. gold reserves
Gold researcher Ronan Manly writes today that regardless of the propaganda purposes of U.S. Treasury Secretary Steven Mnuchin's visit to Fort Knox this week, it established nothing about the U.S. gold reserves. Manly's commentary is headlined "Mnuchin's PR Visit to Fort Knox Proves Nothing About the U.S. Gold Reserves" and it's posted at Bullion Star here:
Friday, August 25, 2017
Mark O'Byrne -
The Truth About Bundesbank Repatriation of Gold From U.S.
– Bundesbank has completed a transfer of gold worth €24B from France and U.S. – Germany has completed domestic gold storage plan 3 years ahead of schedule – In the €7.7 million plan, 54,000 gold bars were shipped and audited – In 2012 German court called for inspection of Germany’s foreign gold holdings – Decision to repatriate from Paris and New York was ‘to build trust and confidence domestically’ – 1,236t or 37% of German holdings remain in New York Fed facility – Bundesbank wants to hold gol
Friday, August 25, 2017
Wow, I can hardly believe it's been nine years. Where the heck has the time gone, and where the heck is Freegold? ;D A little more than two years ago, I changed format to an NFF (not-for-free) blog in order to keep me enthused and engaged, and more importantly, to keep out the trolls. I wished FOA had done that rather than quitting, so that's how I view it. I have hundreds of subscribers, and when they quit, so will I. The Freegold Speakeasy now has 100 posts and 20,000 comments. This being
Thursday, August 24, 2017
Ronan Manly - Bullion Star
Mnuchin’s PR Visit to Fort Knox proves nothing about the US Gold Reserves
On the afternoon of Monday, August 21, US Treasury Secretary Steven Mnuchin, Senate Majority Leader Mitch McConnell, Kentucky Governor Matt Bevin, and Kentucky Congressman Brett Guthrie took a visit to the vault of the US Mint’s gold depository in Fort Knox, Kentucky, a vault which, according to the US Treasury, holds gold bars containing 147,341,858 fine troy ounces of gold (4583 tonnes of gold). The trip was notable in that it is one of the rare occasions in history that a US political/congres
Thursday, August 24, 2017
Sprott Money
The LBMA Is A Ploy of the Central Bank Community - Nico Simons
This article is about the way the Central Bank Community manipulates the price of gold and the role of the LBMA within. We describe some of the signs that the Central Bank Community manipulate the price of gold and that they are using the LBMA to reach their goal. Is the manipulation of the gold price a classic case of Diffusion of responsibility because so many organizations are involved and avoid taking responsibility? Manipulation is a joint effort of the Central Bank Community The sig
Wednesday, August 23, 2017
Gold university - Antal E. Fekete
The Gold Demonetization Hoax

Wednesday, August 23, 2017
Chris Powell - GATA
Ronan Manly: Wall Street Journal failed to ask the right questions
Bullion Star's gold researcher Ronan Manly today comments on the deficiencies of The Wall Street Journal's August 10 report acknowledging suspicions about the Federal Reserve Bank of New York's custody of gold reserves. Foremost among those deficiencies, Manly writes, was the newspaper's determined refusal to put any critical questions to Fed or Treasury Department officials. He specifies many such questions arising from his research. Manly's commentary is headlined "Bullion Star Quoted in Wall
Saturday, August 19, 2017
Ronan Manly - Bullion Star
BullionStar quoted in Wall Street Journal article on New York Fed gold
On August 10, the Wall Street Journal (WSJ) published an article about the Federal Reserve Bank of New York (FRBNY) custody gold and the NY Fed’s gold vault. This vault is located under the New York Fed’s headquarters at 33 Liberty in Manhattan, New York City. The article, titled “The Fed Has 6,200 Tons of Gold in a Manhattan Basement – Or Does It?”, can be read on the subscription only WSJ site here, but is also viewable in full on both the Fox News Business and MorningStar websites, here and h
Saturday, August 19, 2017
Hugo Salinas Price -
'There Is No Cure for this Disease...' 
In 1934, through the Gold Reserve Act, President Roosevelt devalued the dollar from $20.67 dollars per ounce, to $35 dollars per ounce. The devaluation was excessive, meaning that at $35 dollars per ounce, the world considered that it would rather own American dollars - as undervalued - rather than gold; for this reason, and because of fears regarding another World War, the world shipped enormous quantities of gold to the US, in exchange for US dollars. The consequence was that the stash of Am
Saturday, August 19, 2017