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Jeffrey Lewis
Central Banks and The Dollar Hitting the BRICS 
“We are pleased to announce the signing of the Treaty for the establishment of the BRICS Contingent Reserve Arrangement (CRA) with an initial size of US $100 billion. This arrangement will have a positive precautionary effect, help countries forestall short-term liquidity pressures, promote further BRICS cooperation, strengthen the global financial safety net and complement existing international arrangements.... The Agreement is a framework for the provision of liquidity through currency swaps
Wednesday, July 23, 2014
Jeff Clark - Casey Research
Gold : Western Delusions vs. Chinese Realities 
I don’t want to say that mainstream analysts are stupid when it comes to China’s gold habits, but I did look up how to say that word in Chinese… One report claims, for example, that gold demand in China is down because the yuan has fallen and made the metal more expensive in the country. Sounds reasonable, and it has a grain of truth to it. But as you’ll see below, it completely misses the bigger picture, because it overlooks a major development with how the country now imports precious metals
Tuesday, July 22, 2014
Jeffrey Lewis
Silver Before it’s Too Late 
The ongoing plight of the long term value investor continues - seemingly without end. However, decades of exuberance and greed have colluded. The financial establishment has created an accident waiting to happen. The mainstream has not "priced in" risk, which makes it even harder to travel the road less traveled.And once the accident happens, it may be too late.If silver prices were to suddenly move back toward natural price equilibrium, there would naturally (not always the best thing) be a rus
Sunday, July 20, 2014
Nathan Lewis - New World Economics
Devaluations of the 1930s Don't Justify Today's Funny Money Excess
Without question, the Great Depression was a time when the political consensus moved from a Classical “hard money” approach towards a Mercantilist “soft money” approach — leading, ultimately, to today’s “print until the pain goes away” reaction. Actually, this trend had started in the later 19th century, and was not fully expressed until the 1970s – an evolution stretching over a hundred years or more. But, the experience of the Great Depression period of the 1930s st
Sunday, July 20, 2014
Egon von Greyerz - Matterhorn AM
Gold Manipulators are Desperate 
With virtually empty gold vaults, the central banks and bullion banks are now becoming desperate. The action we are seeing in the paper gold market with the recent $50 takedown is yet more proof of the corner that the gold manipulators have put themselves into by having virtually no physical gold left. A rising gold price is dangerous for the manipulators. This would inevitably lead to more physical demand, something that would be disastrous for the manipulators. As the holders of paper gold b
Saturday, July 19, 2014
James Turk - Goldmoney
James Turk and John Rubino interview with J Taylor Media
James Turk, John Rubino, Daniel McAdams and David Jensen return as guests on the next radio program. Turk and Rubino discusses their new book, "The Money Bubble. What to Do Before it Pops?" Both men believe, as does your host, that economic pathology is built into our economic system through fiat money and anti-market policies that ruin capitalism. Listen to the full interview here.
Thursday, July 17, 2014
Chris Martenson
The Electrical Grid May Well Be The Next War's Battlefield 
We talk a lot about Peak Cheap Oil as the Achilles' heel of the exponential monetary model, but the real threat to the quality of our daily lives would be a sustained loss of electrical power. Anything over a week without power for any modern nation would be a serious problem. When the power goes out, everything just stops. For residential users, even a few hours begins to intrude heavily as melting freezers, dying cell phones, and the awkward realization that we don't remember how to play board
Thursday, July 17, 2014
Jeffrey Lewis
The Perfect Crime and the Plight of the Modern Silverite
Silver is not just any old commodity. It is old money. Despite massive efforts and price fixing, clipping and manipulation, it has remained central to monetary and political systems for centuries. Today it is small and relatively dark in the context of modern investing.Desperate times call for desperate measures. And the desperation to buy and hold metal should simply be proportional to the desperation of the will of the monetary powers to maintain the status quo.Here's a quote from ZeroHedge th
Thursday, July 17, 2014
Nathan Lewis - New World Economics
Paul Volcker Dreams of a "New Bretton Woods." But What Would That Look Like?
Out of the “currency wars” of the 1930s, and then World War II, came a shared dream among the non-communist states: to establish a stable economic environment for business and trade. Representatives from forty-four countries met at the Mount Washington Hotel in Bretton Woods, New Hampshire, and recreated the world gold standard system. The U.S. dollar was officially linked to gold at $35/ounce, its gold parity since 1934. Other currencies were linked to the dol
Wednesday, July 16, 2014
James Turk - Goldmoney
James Turk - Bank Shorts Orchestrating Gold & Silver Smash 
With continued turmoil in major markets, today James Turk told King World News that bullion bank shorts orchestrated today’s smash in the gold and silver markets. Turk also gave some fascinating statistics regarding today’s takedown in the metals and discussed what investors should expect next. Click here to read the full interview on King World News
Tuesday, July 15, 2014
Jeffrey Lewis
Silver in the Aftermath of Fragility
Despite the persistence of the recovery meme, financial markets are more fragile to risk than ever before. On top of this, witness the slow creep of policy disguised as regulation. It comes for the low hanging fruits. The final labors of society. What lies ahead is a paper blood bath.They are coming for your pensions and retirement accounts.The French led IMF, with Christine Lagarde at the helm, has presented a concept report that debt cuts for over-indebted states are uncompromising. They prese
Monday, July 14, 2014
Robert Blumen
Financial Pros Are Learning Austrian Economics 
In recent years, we’ve seen more and more Austrian-tinged economic analysis coming from investors like Mark Spitznagel and Jim Rogers, to just name two. As someone personally involved in the investment world, have you yourself seen growth in Austrian ideas among investors and similar professionals?
Sunday, July 13, 2014
Michael J. Kosares - USA Gold
Summer surprise update
“Gold rose to a one-week high after several Federal Reserve policy members expressed concern that investors may be growing too complacent on the economic outlook, boosting demand for the metal as a haven. ‘Signs of increased risk-taking were viewed by some participants as an indication that market participants were not factoring in sufficient uncertainty about the path of the economy and monetary policy,’ the minutes of the last Federal Open Market Committee meeting showed today.
Saturday, July 12, 2014
Alasdair Macleod - Finance and Eco.
Unwinding unallocated gold accounts.
The debate in precious metal markets today is whether or not the three-year bear market is over and a new uptrend is establishing itself. But assuming for a moment that the gold price has turned the corner, will the bullion banks be able to keep a lid on it? Given the recent jump in their short positions as recorded in the Bank Participation Report on Comex, they presumably think so, and unallocated accounts in London will play an important role. With an unallocated account the customer doesn't
Friday, July 11, 2014
Eric Coffin - Hard Rock Analyst
There's Something Happening Here 
Gold made the move I hoped for and predicted in the last issue. It's consolidating well above May price levels now. Traders will want to see a couple of more steps up in price to really get on board but the tone of the market has definitely improved again since early June. Significantly, base metals have also shown a lot of relative strength in the past few sessions. It's been a long time since we have seen the whole metals complex on the move.
Friday, July 11, 2014
Jordan Roy Byrne - The Daily Gold
Gold and Silver Stocks: It's Old Turkey Time!
Those familiar with Jesse Livermore and the book Reminiscences of a Stock Operator know who Old Turkey is. He was Mr. Partridge, an old trader who dispensed great wisdom in few words. Those at the office nicknamed him Turkey because of the way in which he strutted around with his chest puffed out. Livermore gleaned wisdom from Old Turkey which included the importance of never losing one's position and placing the utmost importance on the major trend. "It's a bull market,"
Thursday, July 10, 2014
Jeff Clark - Casey Research
Q&A with the Casey Metals Team
As you might surmise, we get a lot of questions about the precious metals market. Given the popularity of our recent article ‘What Casey Research Staff Are Buying This Summer,’ we decided to address a few recent queries… Q: Should I be worried about the silver fix disappearing? Could this happen to gold? Jeff Clark: The London Bullion Market Association (LBMA) decided to do away with the 117-year-old silver fix process after allegations of manipulation and Deutsche Bank’s subsequent withdraw
Thursday, July 10, 2014
James Turk - Goldmoney
James Turk interview on Cashkurs
On July 7th, the World Gold Council is convening a conference in London to explore how to reform the broken London Gold fix that has become mired in scandal and controversy about market manipulation by participants. The heads of leading gold Trading firms and mining companies are expected to take part in the meeting. What could such an overhaul of the price fixing process look like? James Turk speaks to Roman Baudzus of Cashkurs about the gold Fix and the huge discrepancies between paper gold ma
Tuesday, July 08, 2014
Dan Popescu - GoldBroker
Gold and the European Union 
The European Union (EU) is an economic and political union of 28 European member States. The Eurozone, officially called the Euro Area (EA), is an economic and monetary union (EMU) of 18 European Union member States that have adopted the euro (€ or EUR) as their common currency and sole legal tender. The Euro Area holds most of the official gold reserves in continental Europe. As we can see in chart #1, the Euro Area holds 85.4% of all the continental Europe
Monday, July 07, 2014
Jim Willie CB - Hat Trick Letter
Hidden Factors to Systemic Failure
The most amusing question asked of the Jackass by clients and other people is when the system is going to break down. My usual answer is 2008, which causes a strange reaction, since a past date. Then they are given a tactful tongue lashing that they have failed to notice, detect, or discern properly the failed system in front of their noses. Further quizzical looks and pleas for explanation bring a torrent of headline facts. Seeing events through a different lens of statistical reality with almo
Saturday, July 05, 2014
James Turk - Goldmoney
McEwen and Turk talk gold
The Northern Miner recently invited James Turk, the London-based gold analyst and founder of GoldMoney, and mining legend Rob McEwen of McEwen Mining (TSX: MUX; NYSE: MUX), to discuss their views on a number of issues ranging from the value of money, gold and gold mining stocks to the emergence of crypto-currencies. Read the full interview at The Northern Miner
Wednesday, July 02, 2014
James Turk - Goldmoney
  Monster Gold & Silver Short Squeeze Developing
With continued turmoil in major markets, James Turk told King World News that despite concerns about Friday's COT report, the gold and silver markets may now be set for a monster short squeeze that will make history. He also compared this set-up in the metals to what happened to Goldman Sachs in 2008. Read the full interview at King World News.
Tuesday, July 01, 2014
Stewart Thomson - Graceland Update
Junior Gold Stocks: Half Year Report Card
Graceland Updates By Stewart Thomson1.Has gold topped out, or is it beginning a new leg higher?2.Please click here now. That’s the hourly bars gold chart.A persuasive argument can be made that gold staged an upside breakout last night.3.The range of $1305 - $1326 was decisively penetrated to the upside, and gold traded as high as $1335.4.In 2013, I asked my subscribers, who I refer to as “golden marines”, to focus their buying in the $1228 area, with an emphasis on gold stock.Gold is now about $
Tuesday, July 01, 2014
Egon von Greyerz - Matterhorn AM
A journey to the outer reaches of the monetary universe – Ronald Stoeferle 
THE MATTERHORN INTERVIEW: Ronald Stöferle – June 2014 “Gold is the constant” On the occasion of the publication of his 2014 and 8th annual “In Gold We Trust“ report, Austrian born market analyst Ronald Stöferle was interviewed by Lars Schall to discuss several aspects to this latest in depth report with many explanatory graphs. Matterhorn Asset Management is very pleased to share this short interview with its readers and to make available the English version of this extended 2014 report (court
Tuesday, July 01, 2014
Clive Maund
Silver Market Update
Latest COT data released on Friday shows an astounding ramp in Commercial short positions in silver that it believed to be unprecedented, and given that silver is now critically overbought after 14 up days in a row up till last Thursday, it is safe to assume this means trouble. On silver’s 6-month chart we can see its robust advance of recent weeks and how it has arrived at a resistance level in an extremely overbought state – critically overbought in the case of its RSI indicator.
Tuesday, July 01, 2014
Mish - Global Economic Analysis
  How Much Gold Should Someone Own? Where and How To Own It? 
Periodically I receive questions on gold ownership. How much should one own, and where? Let's start with the first question: How Much Gold Should Someone Own? There is no fixed answer, but rather a general methodology that I like: Do not invest outside your comfort zone. Think in terms of percentages, not fixed amounts. For some, 10% is too much, for others 30% is too little. Some do not trust anything else and are willing to hold a huge percentage of their assets in gold  If a 30% decline
Monday, June 30, 2014
Dan Popescu - GoldBroker
Interview with Julian Phillips on Gold, Geopolitics & the Big Reset
My exclusive interview with Julian D. W. Phillips ( about gold, geopolitics & the big reset. Does China control the gold price?  What role does Russia play in the gold market?  What role if any does Saudi Arabia and Iraq play?  What is gold's relationship with oil and the US dollar?  Will India lift restriction on gold soon?  Will there be a run on the dollar and a stampede by central banks to buy gold?  Where to store gold? Switzerland or Singapore.  Should anything replace
Sunday, June 29, 2014
Alasdair Macleod - Finance and Eco.
Taming the markets
A recent report by the Official Monetary and Financial Institutions Forum (OMFIF) entitled Global Public Investor 2014 discussed the investment strategies of 400 government investors split into 157 central banks, 156 government pension funds and 87 sovereign wealth funds, with $29 trillion at their disposal. We normally assume that government pension and sovereign wealth funds are invested to maximise returns and are not used for political and economic purposes, but the same cannot be said of ce
Saturday, June 28, 2014
Mark O'Byrne -
Could $80 Billion In False Chinese Gold Loans Have Suppressed Gold Price? 
Today’s AM fix was USD 1,315.25, EUR 966.31 and GBP 1,315.25 per ounce. Yesterday’s AM fix was USD 1,311.50, EUR 962.99 and GBP 770.56 per ounce.   Gold fell $3.10 or 0.23% yesterday to $1,316.20 per ounce and silver rose $0.05 or 0.24% to $21.08 per ounce. China is suffering from a massive credibility hit today as a scam to extract credit from Chinese banks by repeatedly pledging the same collateral of gold, and other commodities, over and over and over again unwinds. China’s Chief Auditor has
Friday, June 27, 2014
Jesse - Le Cafe Américain
Asked and Answered: Some Thoughts on Leverage in the Great Gold and Silver Frauds 
The Story Bloomberg (and The Financial Times et al.) are positing that the scandal in the contracts tied to the price of gold in China is depressing the price of gold now. Is this true? China Finds $15 Billion of Loans Backed by Fake Gold Trades By Bloomberg News Jun 26, 2014 China’s chief auditor discovered 94.4 billion yuan ($15.2 billion) of loans backed by falsified gold transactions, adding to signs of possible fraud in commodities financing deals. Twenty-five bullion proce
Friday, June 27, 2014