Articles related to import
 
Mark O'Byrne - gold.ie
Puerto Rico Without Electricity, Wifi, ATMs Shows Importance of Cash, Gold and Silver
– Puerto Rico without electricity, wifi, ATMs shows importance of cash, gold and silver – Most of Puerto Rico remains in the dark and without power three weeks after storm – With widespread power failures, Puerto Rico remains cash only with retailers only accepting cash and few consumer having cash – Shortages of food, fuel and medicine with infrastructure repairs delayed – Power could be ‘out for months’ as 85% of people remain off the grid – Around 75% of ATMs disconnected – Electronic forms o
Monday, October 16, 2017
Bullion Vault
Silver + Gold Jump as China Returns from Holidays, N.Korea + Catalonia Tensions 'Support' After Comex Bulls Retreat
GOLD and SILVER edged higher against a falling Dollar in Asian and London trade Monday, each gaining half-a-per-cent after traders in world No.1 consumer country China returned from national holidays. Gold prices at one point touched $1284 per ounce, some 1.9% above Friday's fresh 8-week low, as the US currency retreated against major rivals and world stock markets fell for a second day from last week's fresh all-time record highs.
Wednesday, October 11, 2017
Alasdair Macleod - Finance and Eco.
The upcoming increase in interest rates
Last week, both Janet Yellen of the Fed and Mark Carney of the Bank of England prepared financial markets for interest rate increases. The working assumption should be that this was coordinated, and that both the ECB and the Bank of Japan must be considering similar moves.Central banks coordinate their monetary policies as much as possible, which is why we can take the view we are about to embark on a new policy phase of higher interest rates. The intention of this new phase must be to normalise
Friday, October 6, 2017
Andy Hoffman - Miles Franklin
  This is how China moves the world to a gold standard!
We have watched for years as China grew in strength economically, financially and militarily. They have pre positioned themselves by making trade deals, setting up credit facilities and even an alternative clearing system to the West’s “SWIFT”. We also know China has been gobbling up global mine supply of gold for going on 10 years now. As I’ve written in the past, just using the back of a napkin, it can be surmised they now have hoarded 20,000 tons or more compared to the “supposed” 8,133 tons
Monday, October 2, 2017
Bill Holter
This is how China moves the world to a gold standard!
By Bill HolterWe have watched for years as China grew in strength economically, financially and militarily. They have pre positioned themselves by making trade deals, setting up credit facilities and even an alternative clearing system to the West’s “SWIFT”. We also know China has been gobbling up global mine supply of gold for going on 10 years now. As I’ve written in the past, just using the back of a napkin, it can be surmised they now have hoarded 20,000 tons or more compared to the “suppose
Monday, October 2, 2017
Mark O'Byrne - gold.ie
China Catalyst To Send Gold Over $10,000 Per Ounce?
Jim Rickards is on record forecasting $10,000 gold. But is China about to provide the catalyst to send gold even higher? And by how much? Today, we fare forth in the spirit of speculation… follow facts down strange roads… and arrive at a destination stranger still… China — the world’s largest oil importer — struck lightning through international markets recently. According to the Nikkei Asian Review, China has plans to buy imported oil with yuan instead of dollars. Exporters could then exchange
Saturday, September 30, 2017
Hugo Salinas Price - Plata.com
  Prospects for Gold II
In my previous article, "My Views Regarding Prospects for Gold", published on September 21, I addressed the consequences of the Chinese scheme "to be launched formally by the end of the year, by means of which exporters of oil to China will accept the Chinese currency, the Yuan, in payment for oil; for this deal, the Chinese have added an incentive: the Yuan received by the oil exporters will be exchangeable for gold. This gold will be "sourced", i.e. "purchased" outside of China, for the oil ex
Tuesday, September 26, 2017
Chris Powell - GATA
India may exclude gold from future trade agreements
A big spike in gold imports from countries with which India has trade agreements has caused alarm in the government, which now plans to exclude the yellow metal from such agreements in the future. "Provisions of trade agreements have been abused to import gold at zero or lower duty," a government official said. The surge in gold imports has worsened the country’s current account deficit. The issue has been discussed between the ministries of finance and commerce and industry, the nodal ministry
Monday, September 18, 2017
Mac Slavo - ShtfPlan
Venezuela Has Officially Abandoned The Petrodollar – Does This Make War With Venezuela More Likely?
This report was originally published by Michael Snyder at The Economic Collapse Venezuela is the 11th largest oil producing country in the entire world, and it has just announced that it is going to stop using the petrodollar. Most Americans don’t even know what the petrodollar is, but for those of you that do understand what I am talking about, this should send a chill up your spine. The petrodollar is one of the key pillars of the global financial system, and it allows us to live a far higher
Sunday, September 17, 2017
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
John Butler - Goldmoney
The Golden Revolution, Revisited: Chapter 10
This Insight continues the serial publication of the new, Revisited edition of my book, The Golden Revolution (John Wiley and Sons, 2012). (The first instalment can be found here.) The book is being published by Goldmoney and will also appear as a special series of Goldmoney Insights over the coming months. This instalment comprises the fifth chapter of Section II.View the Entire Research Piece as a PDF here.An Unstable Equilibrium“A Nash equilibrium is defined as a strategy combination with the
Wednesday, September 13, 2017
Steve St Angelo - SRSRocco Report
DEATH OF THE U.S. DOLLAR RESERVE CURRENCY… Picking Up Speed
By Steve St. AngeloThe Death of the U.S. Dollar as the world’s reserve currency will have a profoundly negative impact on the lives of most Americans.  Unfortunately, 99% of the population has no clue.  The only reason 1% of U.S. citizens understand what is going on, is because the Mainstream media and financial networks have distorted the truth and the reality of our present situation.What happened in the markets today was a perfect example.  Zerohedge published an article today titled,  ‘Trade
Friday, September 1, 2017
Hugo Salinas Price - Plata.com
'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
Bullion Vault
Gold Prices Advance towards Resistance on Weak Dollar and Cautious FOMC Minutes, Palladium Hits 16-Year High
GOLD PRICES rallied towards its resistance level this Thursday morning in London, while the US Dollar remained weak after rather dovish hints from Fed officials suggesting that the next rate hike may be further postponed, writes Steffen Grosshauser at BullionVault. Gold briefly touched $1289 per ounce before dropping back to $1286 failing to reach the resistance level of $1294 and the psychological barrier of $1300.  The metal started its rise from $1268 on Thursday after
Thursday, August 17, 2017
Jeff Clark - GoldSilver
You Are Being Lied To About “Low” Gold Demand 
I don’t like to use inflammatory language, such as the title of this article, but the message from the mainstream media about gold demand is a lie misleading.Yes, coin purchases in North America are down compared to last year (a record-setting year, by the way). It’s been soft at a few other Mints as well, such as Perth.But Eagle and Kangaroo purchases aren’t the whole market. You and I don’t buy paper gold products, for example, but throw in demand from this part of the industry and a very diff
Thursday, August 17, 2017
Mish - Global Economic Analysis
India Bans Gold Exports “Without a Valid Reason”
In addition to its crackdown on cash, India stepped up its attack on gold. The aim is to cut down on gold imports. India does that in a roundabout way, by cracking down on exports. Bloomberg reports India Bans Gold Exports Above 22 Carats to Plug Trade Loopholes. India has banned the export of gold products with purity above 22 carats with immediate effect, a move that the industry sees as a way of curbing irregularities in the trade. The Directorate General of Foreign Trade issued a notice li
Wednesday, August 16, 2017
Stewart Thomson - Graceland Update
Gold Versus The Yen
Graceland Updates By Stewart Thomson1.For gold to perform well against the US dollar, it needs to perform well against the Japanese yen.2.Please click here now. Double-click to enlarge. 3.Since 2011 gold has traded sideways against the yen.Since 2013 it has been coiling in a very positive symmetrical triangle pattern.4.An upside breakout would usher in a major move higher for gold against both the yen and the dollar.5.Since 2013, the Indian market has been dealing with major duty, import rule, a
Tuesday, August 15, 2017
USA GOLD - USA Gold
Morning Snapshot: Gold comes under additional corrective pressure
USAGOLD/Peter Grant/08-15-17 Gold came under additional corrective pressure on diminished geopolitical risks and following better than expected retail sales data from July. However, price action remains confined to last week’s range. North Korea walked back its threat to launch missiles on the U.S. territory of Guam. Although North Korea is prepared for such an attack, they said they would watch what “the foolish Yankees” do before making a decision. U.S. retail sales rose 0.6% in in July, abov
Tuesday, August 15, 2017
USA GOLD - USA Gold
Morning Snapshot: Gold eases along with North Korean tensions
USAGOLD/Peter Grant/08-14-17 Gold eased in overseas trading to begin the week as U.S. and South Korean officials played-down the possibly of war. The retreat from in front of 1296.06/1300.00 leaves the upside protected for the time being, but thos morning’s dip already seems to be attracting buying interest. “I am certain the United States will respond to the current situation calmly and responsibly in a stance that is equal to ours,” said South Korean President Moon Jae-in. U.S. National Secur
Monday, August 14, 2017
12345678910...