Articles related to indian
Stewart Thomson - Graceland Update
Gold: Texbook Pullback In Play
Gold’s recent rally from the $1268 area lows has stalled, and the reasons for that are both fundamental and technical. This is the daily gold chart. Gold fell about $100 from the $1362 area highs as seasonally soft Chinese buying was accompanied by a collapse in Indian demand. That collapse was caused by the “Know Your Client” rule imposed by the government on gold jewellery purchases. The price decline was exacerbated by the “Golden Week” holiday in China. Also, the Chinese government chop
Wednesday, October 18, 2017
Perth Mint Blog - Perth Mint Blog.
Why India's gold sales shine
As the world’s second largest consumer of gold, India can exert a significant influence on the precious metals market. Indian demand is particularly robust for one of the country’s key festivals, Diwali, which starts this week. Perhaps the most important and widely celebrated Hindu festival, Diwali celebrates the victory of light over darkness and honours Lakshmi, the goddess of wealth and prosperity. This year could prove to be a bumper one following a decision by the Indian government to exc
Wednesday, October 18, 2017
Bullion Vault
Gold Prices Subdued Despite Re-emerged Geopolitical Tensions and Indian Festivals
GOLD PRICES extended their fall on Tuesday morning in London as the Dollar continued to rise amid speculation off potential new Fed chief and continuing geopolitical tensions in the Middle East and the Korean peninsula, writes Steffen Grosshauser at BullionVault. Gold slid to $1288 after touching a 3-week high in the previous session before falling through the key level of $1300 per ounce. Silver tracked gold and dropped to $17.08 per ounce after it had already started fa
Tuesday, October 17, 2017
Richard Mills - Ahead of the Herd
Lithium Supercycle
The truth, in regards to the world’s mineral resources, is that we in the western developed countries are usually not in control of supply. “The spectre of resource insecurity has come back with a vengeance. The world is undergoing a period of intensified resource stress, driven in part by the scale and speed of demand growth from emerging economies and a decade of tight commodity markets. Poorly designed and short-sighted policies are also making things worse, not better. Whether or not resou
Tuesday, October 17, 2017
Stewart Thomson - Graceland Update
Gold's Technical Line Of Concern
The traditional post jobs report rally for gold is in full swing. This is the daily gold chart. Gold arrived at a key Fibonacci line at about $1268 as the US jobs report was released. The dollar has stalled against the yen, and that’s also good news for gold. Gold tends to stage great rallies in the days following the jobs report, and this rally is a particularly interesting one. Here’s why: First, Trump has ratcheted up his “hawk talk” in regards to North Korea and Iran. He’s scheduled to
Thursday, October 12, 2017
Chris Powell - GATA
Explaining gold price suppression, Indian magazine cites GATA, Butler, Sprott
While there's no telling when exposure of Western central banking's longstanding scheme to suppress monetary metals prices will explode the scheme, word is getting around the world. This is signified by a long commentary published in this month's edition of an Indian magazine of politics and economics, Swarajya, written by Shanmuganathan Nagasundaram, founder of a financial consulting firm. Nagasundaram's commentary, headlined "Gold Can Help India Set Global Agenda on Monetary Policy," cites the
Saturday, October 7, 2017
Michael Ballanger
The Monotonous Madness of Managed Markets
So there you have it. A clear breakout to all-time highs confirmed by every measure everywhere with momentum charging ahead and high-fives and champagne corks flying about with reckless abandon and serial glee. To quote Chuck Prince, who left Citigroup in 2007 with an exit bonus of around $12.5 million, $68 million in stock and options, $1.7 million pension, an office, a car and a driver for five years during which time Citigroup shed $64 BILLION in valuation, "As long as the music is playing, y
Thursday, October 5, 2017
Jan Skoyles - GoldCore
Safe Haven Silver To Outperform Gold In Q4 And In 2018
– Safe haven silver to outperform gold in Q4 and 2018 – “Expect silver to eventually outperform gold” say Metals Focus – 2017 YTD, silver has underperformed gold, climbing by 5% versus 11% – Silver undervalued versus gold and especially stocks, bonds and many property markets – Will follow gold’s reactions to macroeconomic & geopolitical factors and should outperform gold – Special report on India shows it accounts for just 16% of global silver demand – Silver a “safe haven at times during which
Wednesday, October 4, 2017
Stewart Thomson - Graceland Update
Gold: Demand Vacuum Has Silver Lining
Since I issued my “book profits now” call for gold several weeks ago, the price has declined relentlessly from the $1360 area high. Investors want to know if I see signs that a fresh rally could begin. The good news is that gold/silver stocks and silver bullion look better than gold bullion. Some stocks are rallying strongly while gold oozes lower. This is the main problem for gold right now; a collapse in Indian market demand. Prime Minister Modi has acted more like Prime Minister Napoleon
Wednesday, October 4, 2017
Bullion Vault
Gold Price Hits 6-Week Dollar Low as Euro Falls After Catalonia Vote, Comex Speculators Pull Back
GOLD PRICES fell to new 6-week lows in London trade Monday as the Dollar rose and world stock markets edged higher. The Euro slipped after Sunday's clashes with civil police in Spain's Catalonia region as people voted for independence in what the national government called an illegal ballot. "With this day of hope and suffering," said regional president Carles Puigdemont in Barcelona, "the citiz
Monday, October 2, 2017
Michael Ballanger
Newton's Third Law
In late August, we decided to anchor our boat out in a place called Indian Harbour, a wonderful "safe haven" for boaters that love northern Georgian Bay, in an effort to make the most of what has been an absolutely dreadful summer for most people in the east-central part of Canada and the U.S. This little harbour is protected by a small sliver of rock and trees that separates it from the ravages of the prevailing westerlies which whip across the prairies gathering momentum until they descent upo
Friday, September 29, 2017
Sprott Money
The Latest Paper Gold Scheme That Is Destined to Fail - Rory Hall
It appears that Turkey’s Deputy Prime Minister Mehmet Şimşek has taken a page from the Bank of India’s playbook to steal the gold from it’s citizens. The Turkish Treasury has issued two bonds in an attempt to dislodge 2,200 tons of gold from the hands of the Turkish people. Is this another attempt to by an SCO, BRI member to acquire the gold necessary to participate in these alliances spearheaded by China? As Alasdair Macleod recently explained this would be one of the stronger reasons beh
Tuesday, September 26, 2017
Rory Hall - Sprott Money
The Latest Paper Gold Scheme That Is Destined to Fail - Rory Hall
It appears that Turkey’s Deputy Prime Minister Mehmet Simsek has taken a page from the Bank of India’s playbook to steal the gold from it’s citizens. The Turkish Treasury has issued two bonds in an attempt to dislodge 2,200 tons of gold from the hands of the Turkish people. Is this another attempt to by an SCO, BRI member to acquire the gold necessary to participate in these alliances spearheaded by China? As Alasdair Macleod recently explained this would be one of the stronger reasons beh
Monday, September 25, 2017
Egon von Greyerz - Matterhorn AM
There are probabilities in markets and there are certainties. It is very probable that investors will lose a major part of their assets held in stocks, bonds and property over the next 5-7 years. It is also probable that they will lose most of their money held in banks, either by bank failure or currency debasement. Who buys a bond that will go to Zero? What is not probable, but absolutely certain, is that investors who buy the new Austrian 100-year bond yielding 2.1% are going to lose all their
Saturday, September 23, 2017
Stewart Thomson - Graceland Update
Gold Ownership: A Golden Wave
Several weeks ago, I surprised most investors by issuing my “Book Profits Now!” call for the precious metals asset class. When I did so, head and shoulders top formations immediately formed on gold and GDX, and prices have swooned. Rumours of a sudden drop in Indian dealer demand appeared to become a concern for commercial traders on the COMEX. India’s monsoon season has turned out to be a bit of a “bust”, with both flooding and drought. Farmers buy gold with a portion of their crop profits.
Tuesday, September 19, 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
Stewart Thomson - Graceland Update
Gold: Key Rebuy Prices
It’s not easy to build wealth in any asset class. It’s even more difficult to retain it. This is the short-term gold chart. Over the past week or two, my wealth building mantra has been, “Book profit now”. From a technical standpoint, the world’s mightiest metal has begun to show signs of “head and shouldering”. Head and shoulders top patterns are negative for the price, and it’s normal for them to appear when gold reaches strong resistance. Strong resistance is not created out of thin air
Tuesday, September 12, 2017
Mark O'Byrne -
Buy Gold for Long Term as “Fiat Money Is Doomed”
– Buy gold for long term as fiat money is doomed warns Frisby – Gold’s “winning streak” will continue in long term – September is traditionally a good month for gold, as we head into the Indian wedding season – “It’s just a matter of time before gold comes good again…” by Dominic Frisby, Money Week Today folks, by popular demand, we’re talking gold. It’s had a nice summer run. What now? Gold has been buoyed by the North Korea scare Let’s start with an update. Back in July I suggested a flip tra
Monday, September 11, 2017
Stewart Thomson - Graceland Update
Gold: Book Profits Now
Graceland UpdatesBy Stewart Thomson 1.Gold has staged a fabulous rally from about $1220 to $1245.Using the December futures price chart, I’ve defined the $1300 - $1350 area as a spectacular profit booking opportunity for investors.2.Please click here now. Double-click to enlarge this gold chart.3.I’m an eager gold bullion seller now, but I’m less eager to sell gold stocks or silver bullion.That’s because they have not taken out their February highs while “Queen Gold” has done so easily.4.Gold ha
Tuesday, September 5, 2017
Mish - Global Economic Analysis
Los Angeles Renames Columbus Day as Indigenous Peoples Day: Christopher Columbus Statue Beheaded
In the name of political correctness, the city of LA decided to rename Columbus Day as Indigenous Peoples Day. Why not just do away with it altogether? City officials want the paid time off. The Los Angeles City Council voted Wednesday to eliminate Columbus Day from the city calendar, siding with activists who view the explorer as a symbol of genocide for native peoples in North America and elsewhere. Over the objections of Italian American civic groups, the council made the second Monday in Oc
Friday, September 1, 2017