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| RATIOS & INDEXES |
| Gold / Silver | 61.11 |
| Gold / Oil | 14.16 |
| Dowjones / Gold | 11.29 |
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 | Gold and Silver Market Analysis |  |
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 | 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 |
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 | Ranting Andy - Miles Franklin |
| Physical vs Paper PM’s – CASE CLOSED! |
| Sometimes pictures tell more than words; so I’m going to show you some graphics that prove TPTB may have won the recent “battle”; but are MASSIVELY losing their “war” against REAL MONEY – a war, I might add, they have ALWAYS lost…
Research shows ALL Paper Money Systems Failed
Whilst PAPER PM prices were violently attacked during mid-April’s “ALTERNATIVE CURRENCIES DESTRUCTION”…
…in both gold and sSaturday, May 18, 2013 |
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 | Jesse - Le Café Américain |
| Gold Daily and Silver Weekly Charts - Curiouser and Curiouser |
| "We looked into the abyss if the gold price rose further. A further rise would have taken down one or several trading houses, which might have taken down all the rest in their wake. Therefore at any price, at any cost, the central banks had to quell the gold price, manage it."
Sir Eddie George, Bank of England, September 1999
"The wicked encourage and give themselves the license to attempt and commit all manner of transgressions, seeing that the fruit which injustice yields is soon ripe, andSaturday, May 18, 2013 |
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 | Mark O'Byrne - gold.ie |
| Gold Wars: U.S. Undermining Iranian Currency By Blocking Gold Imports |
| Today’s AM fix was USD 1,376.75, EUR 1,069.15 and GBP 903.62 per ounce.
Yesterday’s AM fix was USD 1,377.00, EUR 1,070.01 and GBP 904.32 per ounce.
Cross Currency Table – (Bloomberg)
Gold fell $6.00 or -0.43% yesterday to $1,386.70/oz and silver finished +0.71%.
Nothing has changed regarding the positive fundamentals of the physical gold market.
All that has changed is that the price of gold is again lower due to the machinations of technical traders and speculators. Paper gold sales are agaFriday, May 17, 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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 | Goldmoney |
| Is this the end of the gold bull market? |
| The dreary picture painted by recent headlines and the tiresome repetition that gold “has entered a bear market” seems to be taking its toll on gold investors, whose confidence levels appear to be hitting bottom. As usual gold has few friends in the mainstream investment world and media, and when the price rises we hear little about it, whereas there is no end of headlines on gold when the price is down. Experienced investors know better than to invest, or even trade, based on TV airtime. In facWednesday, May 15, 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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| Mark O'Byrne - gold.ie |
| South Africa Imports $1 Billion of Unwrought Gold to Meet Global Demand |
| Today’s AM fix was USD 1,412.25, EUR 1,094.51 and GBP 926.67 per ounce.
Yesterday’s AM fix was USD 1,436.50, EUR 1,103.47 and GBP 938.15 per ounce.
Cross Currency Table – (Bloomberg)
Gold dropped $6.00 or -0.42% yesterday to $1,425.40/oz and silver finished - 1.02%.
On Tuesday 14th May, workers at Lonmin PLC, the world’s No. 3 platinum producer in South Africa began a wildcat strike. This caused immediate disruption of all mine production and led to concerns that South Africa was yet again Wednesday, May 15, 2013 |
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| Goldmoney |
| Is this the end of the gold bull? |
| The dreary picture painted by recent headlines and the tiresome repetition that gold “has entered a bear market” seems to be taking its toll on gold investors, whose confidence levels appear to be hitting bottom. As usual gold has few friends in the mainstream investment world and media, and when the price rises we hear little about it, whereas there is no end of headlines on gold when the price is down. Experienced investors know better than to invest, or even trade, based on TV airtime. In facWednesday, May 15, 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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| Mark O'Byrne - gold.ie |
| European Union Likely to ‘Bail In’ Large Depositors |
| Today’s AM fix was USD 1,436.50, EUR 1,103.47 and GBP 938.15 per ounce.
Yesterday’s AM fix was USD 1,429.75, EUR 1,102.52 and GBP 931.19 per ounce.
Cross Currency Table – (Bloomberg)
Gold fell $11.90 or -0.82% yesterday to $1,431.40/oz and silver finished -0.8%.
The European Union will today meet to discuss and move forward the proposal to ‘bail-in’ depositors with savings of over €100,000 as part of future bank wind-downs. It now looks likely that the EU is going to take unprecedented stepTuesday, May 14, 2013 |
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| Ben Traynor - Bullion Vault |
| Precious Metals Fall as US Dollar Holds Gains, India's New Import Restrictions "Could Cut Gold Impor |
| London Gold Market ReportSPOT MARKET gold bullion prices fell to $1430 an ounce Monday, 1.2% down on where they ended last week, as stock markets also fell and the US Dollar held onto most of its gains from last week.Silver fell to $23.70 an ounce - 0.8% down on last week's close - as other commodities also fell, with the exception of copper.India's central bank meantime confirmed proposed restrictions on gold imports that one refiner said could lead to gold imports falling by half this year.SinMonday, May 13, 2013 |
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| Mark O'Byrne - gold.ie |
| China’s Consumption of Gold and Acquisition of Gold Mines Continues |
| Today’s AM fix was USD 1,429.75, EUR 1,102.52 and GBP 931.19 per ounce.
Friday’s AM fix was USD 1,449.25, EUR 1,114.12 and GBP 941.62 per ounce.
Cross Currency Table – (Bloomberg)
Gold fell $12.90 or -0.89% on Friday to $1,443.30/oz and silver finished with a gain of 0.42%. Gold and silver both traded down for the week at -1.76% and -1.25%.
The downward pressure on the gold price emanated from Comex where gold futures were off 1.9%.
Driving the sentiment was the report that U.S. jobless benMonday, May 13, 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 |
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| Mark O'Byrne - gold.ie |
| Abenomics Brings Currency Wars to G7 Talks |
| Today’s AM fix was USD 1,449.25, EUR 1,114.12 and GBP 941.62 per ounce.
Yesterday’s AM fix was USD 1,469.50, EUR 1,118.68 and GBP 944.59 per ounce.
Cross Currency Table – (Bloomberg)
Gold fell $16.40 or 1.11% yesterday to $1,456.20/oz and silver finished down 0.92%.
As the global economic slump continues central bankers, such as Mario Draghi, and politicians have vowed “to do whatever it takes” to get economies back on track. Such policies while having near term benefits are considered extreFriday, May 10, 2013 |
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 | Toby Connor - Gold Scents |
| Euphoria Phase Turns into the Parabolic Phase |
| The euphoria phase of the bull market that I warned about months ago is now beginning its final parabolic phase. I'm guessing we still have another month to month and a half before this runaway move finally ends. Depending on how far above the 200 day moving average it ends up stretching, I think there's a pretty good chance we will see the entire intermediate rally wiped out in a matter of days or even hours when this house of cards finally comes tumbling down. That is how these runaway moves tThursday, May 09, 2013 |
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| Mark O'Byrne - gold.ie |
| Consumers Snap Up Gold & Silver Jewellery |
| Today’s AM fix was USD 1,469.50, EUR 1,118.68 and GBP 944.59 per ounce.
Yesterday’s AM fix was USD 1,454.00, EUR 1,108.74 and GBP 939.09 per ounce.
Cross Currency Table – (Bloomberg)
Gold climbed $20.60 or 1.42% yesterday to $1,472.60/oz and silver finished nearly unchanged -0.08%.
Jewellers across the world are seeing a surge in jewellery purchases because consumers are taking advantage of the price drop and purchasing investment pieces that will grow in value over time.
In the USA with MotThursday, May 09, 2013 |
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 | Mike Maloney - Goldsilver |
Silver May Explode in the Coming Months  |
| Contrary to what current market prices imply, silver may reach new highs in the coming months. Bull markets go through periods of consolidations and corrections, and “precious metals are no exception.” Many financial observers predict that there’s more potential for silver than gold…MUCH more!
Because the global silver market is relatively small, silver prices have a tendency to be more volatile. Volatility works both ways, however, so “when silver rises, its price can explode higher.” The cThursday, May 09, 2013 |
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 | Warren Bevan - Precious Metals Stock Review |
| Bull Flags |
| It was really another amazing week.We had a great April except the last week while consolidation occurred and we didn't do much but this past week starting into May has been another great one.Markets set up all week and Friday broke into new highs.Several of our stocks are moving very well from buy points this week and making those who are in the stocks smile wide.The key this week was that the Nasdaq finally picked up and began leading, taking over from the Russell 2K.When the Nasdaq leads it iWednesday, May 08, 2013 |
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 | Mac Slavo - ShtfPlan |
| THE LIBERATOR: Dawn of the Wiki Weapons *Videos and Pics* |
| Click. Print. Shoot.
Last week President Obama said that his administration’s recent gun control push is merely “the first round,” suggesting that attempts to force Americans to submit to background checks, mental health screenings and gun registrations are only the beginning of a concerted effort designed to remove guns from the hands of as many people as possible. Executive actions taken at the end of April, which were designed to put an outright ban on the importation of gun accessories, magWednesday, May 08, 2013 |
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| Mark O'Byrne - gold.ie |
| India Aims to Restrict Gold Imports As China Breaks New Records |
| Today’s AM fix was USD 1,454.00, EUR 1,108.74 and GBP 939.09per ounce.
Yesterday’s AM fix was USD 1,463.00, EUR 1,118.67 and GBP 941.74 per ounce.
Cross Currency Table – (Bloomberg)
Gold rose $17.90 or 1.22% yesterday to $1,452.00/oz and silver finished down 0.29%.
The Reserve Bank of India issued a set of guidelines last week increasing restrictions on gold imports. According to UBS precious metals research they targeted the following areas:
1.To decrease gold imports, they aim to restrictWednesday, May 08, 2013 |
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| Mark O'Byrne - gold.ie |
| Depositors Beware - Bank Deposits Of Over €100,000 Are At Risk |
| Today’s AM fix was USD 1,463.00, EUR 1,118.67 and GBP 941.74 per ounce.
Friday’s AM fix was USD 1,476.50, EUR 1,124.95 and GBP 949.34 per ounce.
Cross Currency Table – (Bloomberg)
Gold rose $0.70 or 0.05% yesterday to $1,469.90/oz and silver finished down 0.37%.
A bank holiday was observed in the U.K. and Ireland yesterday.
Ireland’s Finance Minister, and current European Council President, Michael Noonan, is introducing a proposal to European finance ministers that will hit depositors thatTuesday, May 07, 2013 |
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 | Gary Tanashian - Biwii |
| Young FrankenMarket Lives |
| In failing to take a "healthy" correction to the equivalent of SPX 1350 to 1450 from the upside target zone of 1550 to 1590, the market is now running on policy and momentum. Hence we now dub thee Young FrankenMarket; Ben Bernanke's creation, sustained by government and legacy MBA debt, following Alan Greenspan's monster that was stitched together with artificially low interest rates that ultimately manifested in a huge commercial credit bubble.Payrolls came in at 165,000 and an over bought, oveTuesday, May 07, 2013 |
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| Alasdair Macleod - Finance and Eco. |
| Gold market report: reduced volatility |
| This week has seen somewhat reduced volatility in precious metals, with gold ranging between $1,442 and $1,480 and silver between $23.20 and $24.60. The question we would all like an answer to is having consolidated after the massive knock-down last month, will prices continue to fall, or have they bottomed?
To help answer this question, let’s look at the position of the bullion banks on Comex, in the form of the four largest traders. The two charts below are for gold and silver, and representMonday, May 06, 2013 |
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 | Dan Dontrose - The Fundamental View |
Waiting For Confirmation–  |
| Gold and Silver have been the hot trade over the last month. With both metals breaking down there was a lot of money to be made on the short side. There has also bee a great chance to make some money on the long side as both metals continue their bounce. The only long trade I initiated since that sell-off was the break UP from the silver pennant when it failed. I closed that trade out at the end of that day (Thurs). On Friday we saw some interesting action with the market collapsing at theMonday, May 06, 2013 |
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 | Adrian Ash - Bullion Vault |
| The US Fed's May Day Riot |
| Oh the people's flag is deepest red, just like the government's budget...AS MAY DAY protests go, the US central bank's looked pretty tame on Wednesday.Athens' strikers burnt a giant picture of Angela Merkel dressed as Hitler. Students in Washington threw bags of urine at each other. Protesters in Madrid waved flags shouting that "Austerity ruins & kills", while Turkish police broke up an illegal demo with tear gas and water cannon.But in the Eccles Building? "Fiscal policy is restraining economiSaturday, May 04, 2013 |
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 | Chris Vermeulen - GoldandOilGuy |
| Stock Preparing for Pullback, Buy Bad News, Sell the Good |
| The SP500 remains in a strong uptrend, but the index has posted a sizable
gains for 2013 thus far so it's only logical that a pullback within this bull
market takes place sooner than later.
With May now upon us and historically prices fall more times than not I feel
a 3-4 weeks correction is on the verge of starting. This Friday we just had
very strong economic numbers confirming the economy is recovering. This news
has sent stocks sharply higher as shorts cover their positions and invFriday, May 03, 2013 |
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| Jesse - Le Café Américain |
| Currency Wars: Chinese Gold Rush and American Pravda |
| Sometimes there is a juxtaposition of stories that is just too striking.
Here is a piece that appeared today in the People's Daily Online. It presents some interesting information on the buying of gold in China during the most recent fluctuation in price.
As I seem to recall, China holds so many US dollars that if they tried to convert them into gold and silver, they couldn't. Well, not at anything near today's prices. And their bond selling would certainly stress the Fed's Balance Sheet. Friday, May 03, 2013 |
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| Goldmoney |
 Fed statement lends support to metals |
| Things have cooled off in the gold and silver markets, with the former trading in a range between $1,450 and $1,480, and silver moving between $23 and $24. Both metals sold off early in New York futures trading yesterday, but rebounded following the release of Fed minutes indicating that the Fed will consider increasing its money printing efforts upon any signs of renewed weakness in the US economy.
Of course, as the last four years have shown, it’s one thing increasing the monetary base (thatFriday, May 03, 2013 |
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| Mark O'Byrne - gold.ie |
| Gold And Silver Bullion Coin And Bar Shortages Continue |
| Today’s AM fix was USD 1,476.50, EUR 1,124.95 and GBP 949.34 per ounce.
Yesterday’s AM fix was USD 1,456.00, EUR 1,106.22 and GBP 935.07 per ounce.
Cross Currency Table – (Bloomberg)
Gold rose $8.10 or 0.56% yesterday to $1,466.80/oz and silver finished + 0.68%.
Physical demand for coins and bars internationally continues and is the strongest since the immediate aftermath of the Lehman Brothers collapse on September 15, 2008, and the consequent global financial crisis.
Government mints, refiFriday, May 03, 2013 |
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