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| RATIOS & INDEXES |
| Gold / Silver | 61.11 |
| Gold / Oil | 14.16 |
| Dowjones / Gold | 11.29 |
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 | Most read |  |
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 | John Rubino - Dollar Collapse |
 Golden Bullseye  |
| One of the lessons that gold bugs are learning, in the most painful way possible,
is that you can't trade a manipulated market. When big players with regulatory
immunity can move an asset's price -- and can see resistance/support levels
and moving averages just as clearly as anyone else -- smaller traders don't
stand a chance.
In the gold-is-manipulated script, governments and their bullion bank proxies
push the price to levels where they know hedge funds and other traders have
stop-Thursday, May 16, 2013 |
|
 | Deepcaster |
| Biggest Bubble About to Burst |
| "Nothing is normal: not the economy, not the financial system, not the financial markets and not the political system. The system remains still in the throes and aftershocks of the 2008 panic and the near-systemic collapse, and from the ongoing responses to same by the Federal Reserve and federal government. Further panic is possible and hyperinflation is inevitable. "The economic and systemic solvency crises of the last eight years continue. There never was an actual recovery following tSaturday, May 18, 2013 |
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 | Mike Maloney - Goldsilver |
| China's Gold Blitz of 2013 |
| As the paper gold price continues its choppy consolidation, after gaining a following and an initial sharp decline in mid-April, the world’s attention is now focused on Chinese and Indian demand for gold, “which between them is absorbing an all non-Asian mine supply….
“Chinese net purchases of gold totaled 320.54 metric tons (mt) in first quarter 2013.” This “Gold Blitz” of 2013 reflects an increasing confidence in precious metals over paper currencies. Many of the world’s countries have experTuesday, May 14, 2013 |
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| Mike Maloney - Goldsilver |
 U.S. Congress Seeks to Replace the Base Metal of Most American Coins With Steel |
| A measure introduced in the U.S. Congress seeks to replace the base metal of most American coins with steel. The move would slash the nickel and copper content of U.S. coins to a fraction of today’s already reduced levels. Like past changes in metal content, the bill represents a logical continuation of currency debasement and calls into question the strength of U.S. fiat currency—yet another sign of the decline of the global monetary system.
Congressman Steve Stivers (R-OH) introduced the bilWednesday, May 15, 2013 |
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 | Jesse - Le Café Américain |
| Paper Gold, Metal Gold - When Worlds Diverge |
| "Price discovery is not a sexy function of markets, but it is critical to the efficient allocation of scarce capital and resources, and to the preservation of the long term wealth of investors and the economy as a whole. If price discovery is compromised by manipulation, then we will all be gradually impoverished and the economy will be imbalanced and unstable."
London Banker, Lies, Damn Lies, and Libor
There are a number of ways to account for it, but this divergence between 'market prices' aSaturday, May 18, 2013 |
|
 | Captain Hook - Treasure Chest |
| Battlefield Earth |
| No, this has nothing to do with the sci-fi movie. It has everything to do with real life however; life closer to home, because we are living in an increasingly hostile environment characterized by both increasingly difficult and dangerous times. The wars - wars on multiple levels - are coming closer and closer to home every day. And slowly but surely - one by one - increasing numbers of people are beginning to see it because it's starting to materially affect their lives. They are coming to theMonday, May 13, 2013 |
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| Hubert Moolman |
| Silver Price Forecast: Silver and the Dow |
| Silver Price Forecast: Silver and the Dow
The Dow making new highs is likely to be very good news for silver investors, because nominal silver peaks tend to come after significant nominal peaks in the Dow. These stock market rallies are driven by the expansion of the money supply, causing a big increase in value of paper assets (including stocks) relative to real assets.
When the increase in credit or the money supply has run its course, and is unable to drive paper price higher; value then fleThursday, May 16, 2013 |
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| John Rubino - Dollar Collapse |
| Preparing For Deflation |
| Signs of a slowdown are spreading. Here in the US, despite all the happy talk
about rising stock prices and falling deficits and the imminent unwinding of
the Fed's debt-monetization program, today's numbers were ominous:
Producer
prices post big drop, factory activity weak
(Reuters) - U.S. producer prices recorded their largest drop in three years
in April as gasoline and food costs tumbled, pointing to weak inflation pressures
that should give the Federal Reserve latitWednesday, May 15, 2013 |
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 | Michael J. Kosares - USAGold |
| The hidden crisis in the gold business |
| Barrick CEO JamieSokalsky has some things to say about the gold mining business that will come as a revelation to many gold owners. In a speech at the London Bullion Market Association’s conference in Hong Kong last November,Sokalsky wades into a largely hidden crisis in the gold business — static mine production that has not responded positively to the rising prices over the last several years, and is unlikely to ramp up even if prices go higher from here.Tuesday, May 14, 2013 |
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 | Ron Paul |
| What No One Wants to Hear About Benghazi |
| Congressional hearings, White House damage control, endless op-eds, accusations,
and defensive denials. Controversy over the events in Benghazi last September
took center stage in Washington and elsewhere last week. However, the whole
discussion is again more of a sideshow. Each side seeks to score political
points instead of asking the real questions about the attack on the US facility,
which resulted in the death of US Ambassador Chris Stevens and three other
Americans.
RepubMonday, May 13, 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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| John Rubino - Dollar Collapse |
| Welcome to the Currency War, Part 9: What's Wrong With These Picture |
| Japan's currency devaluation has worked beautifully. The yen is plunging,
Japanese stocks are soaring, and the current account surplus -- the main measure
of a country's ability to trade effectively -- is way up:
Japan
Current-Account Surplus Climbs as Abenomics Sinks Yen
Japan's current-account surplus rose in March to the highest level in a
year as a depreciating yen boosted repatriated earnings and brightened
the outlook for the nation's exports. The exTuesday, May 14, 2013 |
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 | Rick Ackerman |
Microsoft’s Slow Death  |
| I spent three hours online Friday with the Geek Squad’s best and brightest, attempting without success to fix two seemingly minor problems in Microsoft Outlook. The first is that Outlook has been forgetting the password every time it checks my e-mail server. This problem has been intermittent over the more than ten years I’ve used Outlook, a nettlesome glitch that has survived all versions, updates and security patches. Although there are thousands of web pages that purport to deal with the issuMonday, May 13, 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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 | Bob Hoye - Institutional Advisors |
| The Greatest Garbage Market in History |
| Australian PMI plunged 7.7 points to 36.7, which is the lowest in 4 years.
"Automakers are giving subprime buyers the most long-term loans in
at least eight years."
"Asset-backed sales linked to auto-debt are surging".
- Bloomberg, May 1
"The Market CDX North American Investment Grade Index, aSaturday, May 18, 2013 |
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 | Alasdair Macleod - Finance and Eco. |
The role of GLD and SLV  |
| In August 2011 I wrote to the Financial Services Authority to seek confirmation that the London-based custodians of SPDR Gold Trust (GLD) and iShares Silver Trust (SLV) were being regulated as custodians, despite the fact that physical bullion is not a regulated investment. After some chasing on my part I finally got a response, kicking my letter firmly into touch. The FSA accepted that the custodians (HSBC Bank USA NA for GLD and JP Morgan Chase Bank NA London Branch for SLV) were regulated, buMonday, 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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 | Mike Hewitt - Dollar Daze |
 How Rare is Gold? |
| The best estimates available suggest that the total volume of gold mined over history is approximately 155,500 tonnes, of which around 64% has been mined since 1950. More than 90% of the world's gold has been produced since 1848Wednesday, May 15, 2013 |
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 | Richard Mills - Ahead of the Herd |
| Give It A Doubt |
| Many, many years ago during a lengthy argument with a friend he told me to ‘give it a doubt’ – he meant I was wrong.
The herd is convinced the commodities boom is over. Doom and gloom, the sky is falling, the bears argument sounds convincing - growth has stopped, economies are slowing. Looking at the TSX.V’s performance (most of the world’s minSaturday, May 18, 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 |
|
 | Dan Dontrose - The Fundamental View |
 My Challenge To “Whistleblower” Andrew Maguire |
| Readers of my blog have known for quite some time now that I grew increasingly agitated with the charlatans pumping the gold and silver price suppression memes over two years ago and have been quite vocal about it on many occasions. I want to be clear about this point before I continue. My beef isn’t with people who buy gold and silver or who feel that a portion of their portfolio should be devoted to gold or silver ownership. My beef isn’t with people that make well thought out arguments forSaturday, May 18, 2013 |
|
| Ron Paul |
| Federal Reserve Blows More Bubbles |
| Last week at its regular policy-setting meeting, the Federal Reserve announced
it would double down on the policies that have failed to produce anything
but a stagnant economy. It was a disappointing, but not surprising, move.
The Fed affirmed that it is prepared to increase its monthly purchases of
Treasuries and mortgage-backed securities if things don't start looking up.
But actually the Fed has already been buying more than the announced $85 billion
per month. Between FebruaryMonday, May 13, 2013 |
|
| 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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| Alasdair Macleod - Finance and Eco. |
| Gold market report: continuing consolidation |
| Gold and silver continued their consolidation after the April lows, trading in narrow ranges with a firm undertone. Attention is now firmly focused on Chinese and Indian demand for gold, which between them is absorbing all non-Asian mine supply. Chinese net purchases of gold totalled 320.54 tonnes in the first quarter 2013, with purchases in March alone being 130 tonnes compared with February’s 97 tonnes, according to official statistics. Note that the March total was before the drop in price inMonday, May 13, 2013 |
|
 | 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 |
|
 | 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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| Rick Ackerman |
| Bull Market Getting a Little Freakish |
| The 1476.25 rally target shown in the chart below looked until recently like a good bet to contain the bullish stampede, at least for a while. As of early Wednesday morning, however, it seemed to be giving way. Even though it has been exceeded so far by just 2.50 points, that’s enough to imply that the resistance has been fatally compromised, given the clarity of the technical pattern that produced it. If this “Hidden Pivot” is in fact easily brushed aside, it would be yet one more casualty of aWednesday, May 15, 2013 |
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| Hubert Moolman |
| Silver Price Forecast: Silver Bull Market Is Following The Structure Of The 70s Bull Mar |
| Silver Price Forecast:
The 70s silver bull took place during a period from a major peak in the Dow/Gold ratio (1966) to a major bottom in Dow/Gold ratio (1980). The silver bull market started in 1971 and ended at the beginning of 1980.
The current silver bull market also started after a major peak in the Dow/Gold ratio (peak was at the end of 1999).The current silver bull market started in 2001, and it is also likely to end when the Dow/Gold ratio makes a major bottom. See the chart below, as ilTuesday, May 14, 2013 |
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 | Mark O'Byrne - gold.ie |
| Gold Demand Remains Strong As Buying Records Continue To Tumble |
| Today’s AM fix was USD 1,377.00, EUR 1,070.01 and GBP 904.32 per ounce.
Yesterday’s AM fix was USD 1,412.25, EUR 1,094.51 and GBP 926.67 per ounce.
Cross Currency Table – (Bloomberg)
Gold fell $32.70 or -2.29% yesterday to $1,392.70/oz and silver slid to $22.50 and finished - 3.55%.
There are no surprises in the latest World Gold Council Gold Demand Trends report other than the fact that statistics show global demand for gold in Q1 2013 was on the increase before the COMEX raid on April 15tThursday, May 16, 2013 |
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 | Jeffrey Nichols - Nichols on Gold |
| Monetary Policies Favorable for Gold-Price Recovery |
| Global financial markets will be taking their cues from U.S. Federal Reserve and European central bank policy meetings to be held by the Fed on Tuesday and Wednesday and by the European Central Bank (the ECB) on Thursday.
The consensus among economists who pay attention to these things suggests there won’t be any significant change in Fed policy . . . but, in contrast, there is a strong belief that the ECB will cut European interest rates from their already record low levels.
ECB Expectations
TMonday, May 13, 2013 |
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