Chart usGOLD   Chart usSILVER  
 
Food for thought
A man’s mind is so formed that it is far more susceptible to falsehood than to truth
Erasmus  
Search for :
LATEST NEWS  :
MINING STOCKS  :
Subscribe
Write Us
Add to Google
Search on Ebay :
PRECIOUS METALS (US $)
Gold 1214.62-1.38
Silver 17.72-0.09
Platinum 1330.30-2.95
Palladium 804.25-5.75
WORLD MARKETS
DOWJONES 1728013
NASDAQ 4580-14
NIKKEI 16206-115
ASX 5368-69
CAC 40 4457-5
DAX 9794-5
HUI 208-4
XAU 89-2
CURRENCIES (€)
AUS $ 1.4480
CAN $ 1.4134
US $ 1.2845
GBP (£) 0.7865
Sw Fr 1.2068
YEN 140.0830
CURRENCIES ($)
AUS $ 1.1275
CAN $ 1.1003
Euro 0.7785
GBP (£) 0.6124
Sw Fr 0.9394
YEN 109.0610
RATIOS & INDEXES
Gold / Silver68.55
Gold / Oil13.13
Dowjones / Gold14.23
COMMODITIES
Copper 3.04-0.05
WTI Oil 92.520.11
Nat. Gas 3.860.03
Market Indices
Metal Prices
RSS
Precious Metals
Graph Generator
Statistics by Country
Statistics by Metals
Advertise on 24hGold
Projects on Google Earth
GoldWire
In the last 24 hours
Perth Mint Blog - Perth Mint Blog.
INTERVIEW Bron Suchecki Discusses The Current Drop In Demand For Gold
DEPOSITORY With sentiment towards gold exceptionally low right now, the Korelin Economics Report asked Bron Suchecki, Manager Analysis & Strategy, for his analysis of what’s happening. Bron tells Al Korelin that "crisis fatigue" has a lot to do with current negativity. The emergency in Ukraine and continuing economic weakness have failed to induce ‘buy and hold’ type investors to load up with more gold. At the same time, such 'fear' factors are failing to persuade new money that the time i
Monday, September 22, 2014
Perth Mint Blog - Perth Mint Blog.
INTERVIEW Bron Suchecki Discusses The Current Drop In Demand For Gold
DEPOSITORY With sentiment towards gold exceptionally low right now, the Korelin Economics Report asked Bron Suchecki, Manager Analysis & Strategy, for his assessment of what’s happening. Bron tells Al Korelin that "crisis fatigue" has a lot to do with current negativity. The emergency in Ukraine and continuing economic weakness have failed to induce ‘buy and hold’ type investors to load up with more gold. At the same time, such 'fear' factors are failing to persuade new money that the time
Monday, September 22, 2014
Chris Powell - GATA
Gold price suppression covered fully by GATA secretary on 'The Larry Parks Show'
Thanks to the interviewer's knowledge of the issue and willingness to spend time on it, your secretary/treasurer got to cover many aspects of the Western gold price suppression scheme last week on "The Larry Parks Show," broadcast on the Manhattan Neighborhood Network in New York. Parks was so adept because he is executive director of the Foundation for the Advancement of Monetary Education: http://fame.org/ Among the aspects discussed were the U.S. government's having authorized itself to rig a
Monday, September 22, 2014
Chris Powell - GATA
Established rivals may keep Shanghai trade zone's gold exchange in check
http://www.scmp.com/business/commodities/article/1597536/established-riv... China's launch of an international gold exchange in the Shanghai Free-Trade Zone 11 days ahead of schedule last week may not be much help as it seeks to compete with established gold markets such as New York, London, and Singapore. While China is the largest physical gold consumer in the world, the financial infrastructure may lag that of Singapore and Hong Kong in handling a gold market. Gold traders believe the gold ma
Monday, September 22, 2014
Chris Powell - GATA
UK's Royal Mint begins Internet marketing of gold and silver coins
By Hannah Furness The Telegraph, Lonon Sunday, September 21, 2014 http://www.telegraph.co.uk/finance/personalfinance/investing/gold/111125... It has provided gold coins for kings, queens, and governments for hundreds of years, but the Royal Mint is opening its services to the public with a new trading website. It is encouraging members of the public to become gold investors, claiming that the precious metal is now "relatively affordable." It is hoped that the website will convince everyday inves
Monday, September 22, 2014
Jesse - Le Cafe Américain
Two Estimations of Chinese Gold Demand 
I found it interesting that these two estimations of Chinese gold demand arrive at similar answers from two different methods and assuming two different start dates. Before anyone asks, Koos Jansen has addressed the notion of 'round trips' of gold on the Shanghai Exchange in some detail.   It is not the same sort of bullion game that is the hall mark of the Comex. The first chart is from the data wrangler Nick Laird at Sha
Monday, September 22, 2014
Jesse - Le Cafe Américain
Michael Parenti on Globalisation, Terrorism, and Conspiracy
“In societies that worship money and success, the losers become objects of scorn. Those who work the hardest for the least are called lazy. Those forced to live in substandard housing are thought to be the authors of substandard lives. Those who do not finish high school or cannot afford to go to college are considered deficient or inept. No system in history has been more relentless in battering down ancient and fragile cultures, devouring the resources of whole regions, pulverizing
Sunday, September 21, 2014
More than 24 hours ago
Jesse - Le Cafe Américain
Land of Idols: Lies, Wars, Empire
"The goal has been the 'Third Worldization' of the United States: an increasingly underemployed, lower-wage work-force; a small but growing moneyed class that pays almost no taxes; the privatization or elimination of human services; the elimination of public education for low-income people; the easing of restrictions against child labor; the exporting of industries and jobs to low-wage, free-trade countries; the breaking of labor unions; and the elimination of occupational safety and
Sunday, September 21, 2014
Chris Powell - GATA
Is World Gold Council's CEO angling for a tin-foil hat?
MineWeb's Lawrence Williams reports today an interesting comment by the World Gold Council's chief executive, Aram Shishmanian, about the opening of the international subsidiary of the Shanghai Gold Exchange "The growth of the Shanghai Gold Exchange to become the world's largest physical gold exchange provides compelling evidence that the future for gold is physical," Shishmanian said. "As the market shifts from west to east, the expansion of strong gold trading hubs in Asia will improve price
Saturday, September 20, 2014
Chris Powell - GATA
Koos Jansen: Chinese gold demand rises 5 percent as international exchange opens
China's gold demand, the offtake from the Shanghai Gold Exchange for the most recent week reported, rose nearly 5 percent as China bought the dip, gold researcher and GATA consultant Koos Jansen writes today. Jansen also reports the comments made at the opening ceremony of the exchange's international subsidiary, where the governor of the People's Bank of China said that China wants to become a major force in gold pricing. Jansen's commentary is posted at Bullion Star here: https://www.bullion
Saturday, September 20, 2014
Chris Powell - GATA
What are your questions for former Fed Chairman Alan Greenspan in New Orleans?
GATA again will have a big part in the New Orleans Investment Conference this year, what with GATA Chairman Bill Murphy and your secretary/treasurer making presentations, your secretary/treasurer debating Casey Research founder Doug Casey about whether the gold market is manipulated, and former Federal Reserve Chairman Alan Greenspan not only speaking but taking questions from the audience. Conference sponsor Brien Lundin of Gold Newsletter and the Jefferson Companies in Louisiana is asking for
Saturday, September 20, 2014
Jesse - Le Cafe Américain
Ray Dalio: Hedging Against Fascism
"Bridgewater’s research over the past several years has focused on performance drivers, risk premiums and environments offering return opportunities. Dalio has long been concerned with fundamental factors that could lead to the rise of a Hitler-like government, a concern that may sound sort of wacko but is supported by a number of various hedge fund managers and quantitative analysts, many of whom stay off the record. His investment products are designed to do well in more than just a rising s
Saturday, September 20, 2014
Jesse - Le Cafe Américain
Gold Daily and Silver Weekly Charts - Option Expiration
"The mischief springs from the power which the moneyed interest derives from a paper currency which they are able to control, from the multitude of corporations with exclusive privileges which they have succeeded in obtaining in the different States, and which are employed altogether for their benefit; and unless you become more watchful in your States and check this spirit of monopoly and thirst for exclusive privileges you will in the end find that the most important powers of Government have
Saturday, September 20, 2014
Jesse - Le Cafe Américain
SP 500 and NDX Futures Daily Charts - The Error of Their Ways
“To keep any great nation up to a high standard of civilization there must be enough superior characters to hold the balance of power, but the very moment the balance of power gets into the hands of second-rate men and women, a decline of that nation is inevitable.” Christian D. Larson Today was the day of Alibaba, the biggest IPO ever.  Huzzah! The great BABA ran up to $99.70 in the first hour after its open, and then settled back down into the low 90's.  This is quite  jump over the IPO wh
Saturday, September 20, 2014
Chris Powell - GATA
Von Greyerz thinks Swiss gold referendum proposal has a good chance
Swiss gold fund manager Egon von Greyerz tells King World News today that Switzerland's gold referendum proposal on the ballot in November has a good chance of approval, which might transform the gold market: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/9/18_He... KWN also interviews United Kingdom Independence Party leader Nigel Farage about the West's counterproductive provocation of Russia over Ukraine: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/9/19_
Friday, September 19, 2014
Julian D. W. Phillips - Gold Forecaster
Gold & Silver Market Morning
Gold Today – The gold price closed at $1,224.9 up $3.30 Thursday in New York. In Asia and London, gold prices slipped slightly to $1,223.The gold price was Fixed at $1,222.50 down $0.50 and in the euro at €949.220 down €0.389, while the euro was the same at $1.2879. Ahead of New York’s opening, gold was trading at $1,222.50 and in the euro at €951.44. Silver Today – The silver price closed in New York at $18.51 up 2 cents. Ahead of New York’s opening it was trading at $18.43.Gold (very short-ter
Friday, September 19, 2014
Jesse - Le Cafe Américain
SP 500 and NDX Futures Daily Charts - There Goes Larry Ellison, Here Comes Alibaba
"A swath of early investors in Alibaba Group Holding Ltd. will be able to sell more than $8 billion worth of shares on the day the Chinese e-commerce company goes public, an unusual arrangement that is influencing how bankers price the offering. Alibaba plans to price its shares at $66-$68, which at the midpoint would give it a valuation of about $165 billion. Insiders and other investors in companies staging initial public offerings are generally required to hold on to shares for several m
Friday, September 19, 2014
Jesse - Le Cafe Américain
Gold Daily and Silver Weekly Charts - Making Room for Alibaba - For All That
The wiseguys were raising cash to participate in the Alibaba IPO tomorrow. It should price tonight by about 5 PM Eastern US. The mid range pricing is $66 to $68 per share. So there was little surprise that we saw a pump in stocks today and a big drop in volatility. The metals held up well but that is not saying much after the multi-day smacking they have taken. The vote on Scotland's Independence is today and the results should be announced this evening. The polls, for what they are wo
Friday, September 19, 2014
Jesse - Le Cafe Américain
European Sovereign Debt Levels to GDP Before and After the Bank Bailouts
What is even more clever than lining your pockets by ballooning the financial system into a great bubble by fraud and bad governance? Getting the victims and bystanders to pay the price of your perfidy, and shifting the anger of the people to some unfortunates, so that you can do it all over again by 'reforming' the system to make it more efficient for looting. No wonder that any movement that threatens the status quo in the least bit gets these white collared reivers and their pampered prince
Thursday, September 18, 2014
Julian D. W. Phillips - Gold Forecaster
Gold & Silver Market Morning 
Gold Today – The gold price closed at $1,221.60 down $13.90 on Wednesday in New York. In Asia and London, gold prices recovered slightly to $1,224.The gold price was Fixed at $1,223.00 down $13.50 and in the euro at €949.609 down €4.628, while the euro was slightly much weaker at $1.2879. Ahead of New York’s opening, gold was trading at $1,223.80 and in the euro at €950.19. Silver Today – The silver price closed in New York at $18.49 down 22 cents. Ahead of New York’s opening it was trading at $
Thursday, September 18, 2014
Chris Powell - GATA
Gold and silver end game is here, Embry tells USA Watchdog
USA Watchdog's Greg Hunter this week interviewed Sprott Asset Management's John Embry about manpulation of the monetary metals markets. "I have never seen it any more intense in terms of pressure in the paper market, which indicates we are near the end and there is something seriously wrong with the system," Embry says. The interview is headlined "Gold and Silver End Game Here: John Embry" and can be read and watched at USAWatchdog here: http://usawatchdog.com/gold-and-silver-end-game-here-john-
Thursday, September 18, 2014
Chris Powell - GATA
Super-rich rush to buy 'Italian Job'-style gold bars
The super-rich are looking to protect their wealth through buying record numbers of "Italian job" style gold bars, according to bullion experts. The number of 12.5-kilogram gold bars being bought by wealthy customers has increased 243 percent so far this year when compared to the same period last year, said Rob Halliday-Stein founder of BullionByPost. "These gold bars are usually stored in the vaults of central banks and are the same ones you see in the film 'The Italian Job,'" added David Cousi
Thursday, September 18, 2014
Chris Powell - GATA
China opens gold market to foreigners amid price ambition
China will give foreign investors direct access to its gold market for the first time today as the biggest-consuming nation seeks to exert more influence over prices while boosting the yuan's global use. The Shanghai Gold Exchange will start trading contracts in the city's free-trade zone that will be linked to its domestic spot market and available to about 40 international members including Goldman Sachs Group and UBS. Access was previously limited to some Chinese subsidiaries. Gold in China t
Thursday, September 18, 2014
Chris Powell - GATA
U.S. House passes Fed audit bill but measure is seen doomed in Senate
WASHINGTON -- The U.S. House of Representatives today overwhelmingly passed a bill that would open up Federal Reserve monetary policy decisions to a congressional audit, reviving a measure passed in 2012. But the legislation approved by the Republican-dominated House is expected to meet a fate similar to its predecessor's: death in the Democratic-controlled Senate. The "Federal Reserve Transparency Act" passed 333-92 in a bipartisan vote. It is largely similar to the 2012 "Audit the Fed" bill ch
Thursday, September 18, 2014
Chris Powell - GATA
The bad guys WILL be beaten -- probably by themselves
Our longtime supporter R.B. writes tonight in disgust if not quite despair over the increasing rigging of the gold market: "A question I've asked myself a more than once is: Why a guy such as I continues to think he can beat these people and invests accordingly, time after time, the routine being, in each cycle, turning out to have been that he got stubborn when he should have bent, and bent when he should have been stubborn. It seems the problem has been that I thought conventional logic would
Thursday, September 18, 2014
Jesse - Le Cafe Américain
Such a Parcel of Rogues In a Nation - Alba Gu Bràth
"For as long as but a hundred of us remain alive, never will we on any conditions be brought under English rule. It is in truth not for glory, nor riches, nor honours that we are fighting, but for freedom, for that alone, which no honest man gives up but with life itself." Robert the Bruce, Declaration of Arbroath, 6 April 1320 Fareweel to a' our Scottish fame, Fareweel our ancient glory; Farewee
Thursday, September 18, 2014
Jesse - Le Cafe Américain
Gold Daily and Silver Weekly Charts - Late Afternoon Smackdown - Ball and Chain
I hope you have had the time to watch the David Cay Johnston videos I put up overnight. They will help to explain much of what is going on in the financial markets and The Recovery™. Gold, and to a lesser extent silver, took a late day price hit after the FOMC meeting in dull trade.  I was wondering if the wiseguys were going to let an FOMC Day go by without at least a cheap shot. I include the Comex warehouse activity for silver below. I do not believe it is particularly meani
Thursday, September 18, 2014
Chris Powell - GATA
Mike Kosares: Scottish secession, not the Fed, just knocked gold down
Gold has been knocked down tonight not by anything said or done by the Federal Reserve today but by rising fear of Scotland's secession from the United Kingdom and the separatism it is likely to encourage throughout Europe, Mike Kosares of Centennial Precious Metals in Denver writes. This fear and the usual algorithmic trading programs, Kosares contends, have goosed the dollar. His commentary is headlined "It's Not the Fed Taking Gold Down but the Vote in Scotland" and it's posted at Centennial'
Thursday, September 18, 2014
Chris Powell - GATA
GATA secretary to be interviewed Thursday on 'The Larry Parks Show'
Your secretary/treasurer will be interviewed about gold market manipulation by Larry Parks, founder of the Foundation for the Advancement of Monetary Education (www.fame.org), on "The Larry Parks Show," which is to be broadcast from 7 to 7:30 p.m. Thursday on cable television networks in New York City (Time Warner Channel 56, RCN Channel 83, and Verizon Channel 34) and on the Manhattan Neighborhood Network's Internet site: http://www.mnn.org/live/1-community-channel
Thursday, September 18, 2014
Jesse - Le Cafe Américain
Gold Daily and Silver Weekly Charts - Late Afternoon Smackdown
I hope you have had the time to watch the David Cay Johnston videos I put up overnight. They will help to explain much of what is going on in the financial markets and The Recovery™. Gold, and to a lesser extent silver, took a late day price hit after the FOMC meeting in dull trade.  I was wondering if the wiseguys were going to let an FOMC Day go by without at least a cheap shot. I include the Comex warehouse activity for silver below. I do not believe it is particularly meaningful however. 
Thursday, September 18, 2014
Jesse - Le Cafe Américain
SP 500 and NDX Futures Daily Charts - Hump Day
Today is Hump Day, and the humps trotted out Grandma Janet this afternoon to try and justify their serial policy errors designed to advance the well being of the Banks, and leave Wall Street in the financial desert. All the rest was noise. Alibaba's IPO looms in the background.  This could be a big 'home run' for the denizens of the Street. Scotland votes tomorrow. Let's see what happens. Have a pleasant evening.
Thursday, September 18, 2014
Chris Powell - GATA
Rule tells KWN about Denver conference, sees rising investment in monetary metals
Sprott Asset Management's Rick Rule tells King World News today about the gold mining conference just held in Denver, which included discussion of "peak gold" production. Rule adds that investment fund flows into monetary metals have been "very strong" lately. An excerpt from Rule's interview is posted at the KWN blog here: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/9/17_Ru...
Thursday, September 18, 2014
Julian D. W. Phillips - Gold Forecaster
Gold & Silver Market Morning
Gold Today – The gold price closed at $1,235.50 up $1.60 on Tuesday in New York. In Asia and London, gold prices recovered slightly to $1,235.80.The gold price was Fixed at $1,236.50 down $2.25 and in the euro at €954.237 down €2.696, while the euro was slightly stronger at $1.2958. Ahead of New York’s opening, gold was trading at $1,237.80 and in the euro at €954.83. Silver Today – The silver price closed in New York at $18.71 up 3 cents. Ahead of New York’s opening it was trading at $18.68.Gol
Wednesday, September 17, 2014
Jesse - Le Cafe Américain
Scottish Independence, and the Growing Divide Between the Privileged Classes and the People
What interested me the most in this article is not so much the information it provides on the campaign by the British establishment against the Scottish vote for independence, or the eager participants from the American members of the Anglo-American power clique as well. Rather it is for the light that this article sheds on the behavior of the enablers of the Anglo-American establishment in the corporate media and the academy, and how rarified their experience of the daily lives of the people h
Wednesday, September 17, 2014
Chris Powell - GATA
Silver's lockdown may be facing a challenge, Embry tells KWN
The silver futures market seems to be in "total lockdown," Sprott Asset Management's John Embry tells King World News today, even as there also seems to be a deep-pocketed long ready to challenge price suppression. Embry's comments on silver and on the world economic situation generally are excerpted at the KWN blog here: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/9/16_Wa...
Wednesday, September 17, 2014
Jesse - Le Cafe Américain
SP 500 and NDX Futures Daily Charts - Within Striking Distance of a New Dow All Time High
"Do you know what you are singing about? You are singing of brotherhood, but in your face you look like you hate everyone. That will show in your music." Arturo Toscanini Stocks were in rally mode today as Wall Street looks forward to tomorrow's FOMC decision. Because of the weaker economic data, there were more hopes that the decision would not contain any hawkish language. I expect the taper to continue on schedule. I do not think that the Fed will do anything new just yet. After the bel
Tuesday, September 16, 2014
Jesse - Le Cafe Américain
Gold Daily and Silver Weekly Charts - Straining
"The first item on my agenda would be to restore democracy to the United States of America by overturning this disastrous Citizens United Supreme Court decision. Why do I put that issue first? Why not health care, why not jobs?  Because if you end up with a Congress or with governors or legislatures who are beholden to the billionaire class, we are never going to make progress on any issue that impacts working families. And in my very strong opinion — and I speak to you as chairman of the vet
Tuesday, September 16, 2014
Chris Powell - GATA
  China advances gold exchange launch; Singapore delays contract
SINGAPORE -- China will launch its international gold exchange 11 days ahead of schedule, sources said today, racing ahead in the scramble to set up an Asian bullion benchmark as rival Singapore is forced to delay its gold contract due to technical issues. Asia, home to the world's top two gold buyers -- China and India -- has been clamouring to gain pricing power over the metal and challenge the dominance of London and New York in trading. The state-run Shanghai Gold Exchange will launch the g
Tuesday, September 16, 2014
Chris Powell - GATA
Gartman Letter cites Koos Jansen and Gold Newsletter on Chinese gold demand
https://www.thegartmanletter.com/ Regarding Chinese gold demand, which we wrote about yesterday, it is open to debate and our old friend, Brien Lundin of the Jefferson Companies in New Orleans, wrote to share his insights. We've chosen to share them further with our readers, with his approval. Brien wrote: * * * Hi, Dennis: In your letter this morning, you noted that Chinese gold demand was recently reported to be down about 50 percent year over year. This is erroneous information from the World
Tuesday, September 16, 2014
Julian D. W. Phillips - Gold Forecaster
  Gold & Silver Market Morning
Gold Today – The gold price closed at $1,233.90 up $3.20 on Monday in New York. In Asia and London, gold prices recovered slightly to $1,235.80.The gold price was Fixed at $1,238.75 up $4.00 and in the euro at €956.933 up €1.318 while the euro was slightly stronger at $1.2945.Ahead of New York’s opening, gold was trading at $1,238.60 and in the euro at €956.74.Silver Today – The silver price closed in New York at $18.68 up 3 cents. Ahead of New York’s opening it was trading at $18.75.Gold (very
Tuesday, September 16, 2014
Chris Powell - GATA
Gold's move from West to East is said intended to rebalance FX reserves
By Feiwen Rong and Glenys Smi Bloomberg News Monday, September 15, 2014 http://www.bloomberg.com/news/2014-09-15/biggest-banks-said-to-overhaul-... China may join other emerging countries in boosting gold reserves as the precious metal makes up a smaller share of its foreign-exchange holdings compared with developed economies, said a London-based researcher. The country hasn't announced any changes to state gold reserves since authorities in 2009 said holdings totaled 1,054.1 metric tons. While
Tuesday, September 16, 2014
Chris Powell - GATA
Indian trade deficit widens as gold imports surge 176%
NEW DELHI, India -- India's trade deficit widened in August from a year earlier as imports of gold surged 176 percent after policy makers eased shipment curbs. The shortfall was $10.8 billion last month, wider than $10.7 billion a year earlier, with exports rising 2.4 percent and imports growing 2.1 percent. Gold shipments surged to $2 billion from $739 million in August last year after the government allowed more banks and traders to buy bullion overseas. India is easing emergency measures take
Tuesday, September 16, 2014
Chris Powell - GATA
Fed could trigger reversals in stocks and gold this week, Turk says 
Stocks are overvalued and hard assets undervalued, GoldMoney founder and GATA consultant James Turk tells King World News today, adding that he would expect reversals if the Federal Reserve this week persists in reducing its bond monetization. An excerpt from the interview is posted at the KWN blog here: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/9/15_Tu...
Tuesday, September 16, 2014
Jesse - Le Cafe Américain
SP 500 and NDX Futures Daily Charts - Fight For the Right to Party
Techs were struggling most of the day, as the SP 500 showed some futures driven resilience. The Empire Manufacturing number came in high side, but the actual Industrial Production came in negative, with last month being revised in half. Go figure. There will be an FOMC decision on Wednesday. With the Alibaba IPO in play, I don't think we will see the markets fall appreciably unless there is a serious break in the geopolitical stability. Have a pleasant evening.
Tuesday, September 16, 2014
Jesse - Le Cafe Américain
Gold Daily And Silver Weekly Charts - Struggling
The precious metals futures on the Comex were struggling most of the day, with both gold and silver ending just a little higher. The Comex warehouse activity is not worth mentioning. Gold is moving from West to East. China is clearly executing some longer term plan with regard to gold and its own fiat money as a reserve currency. Let's see what happens.
Tuesday, September 16, 2014
Chris Powell - GATA
Anxious Scottish investors have been buying gold
Scottish investment in physical gold has surged by 42 percent in the past fortnight -- on top of the traditional rise in gold demand at this time of the year. The figure, which comes from Bullionvault.com, the world's biggest online platform for private investors who want to trade physical gold and silver, suggests that anxious Scotland-based investors are turning to gold as a means of insuring against the uncertainties posed by a yes vote in Thursday's referendum. ... ... For the remainder of t
Monday, September 15, 2014
Chris Powell - GATA
AngloGold Ashanti of South Africa abandons spinoff plans
LONDON -- AngloGold Ashanti, one of the world's largest gold mining firms, said on Monday that it would abandon plans to spin off its international mining operations and raise $2.1 billion in new capital. The company, based in Johannesburg, said last week that it was planning to spin off its operations outside of South Africa into a new entity to be listed in London. AngloGold Ashanti had also sought to raise new capital in order to reduce its debt ahead of the restructuring. Today the company s
Monday, September 15, 2014
Chris Powell - GATA
Chinese news agency says UK sees RMB as potentially 'main reserve currency'
While it is not included in the mainstream financial news agency reports about the United Kingdom Treasury Department's plan to issue bonds denominated in Chinese currency -- http://www.reuters.com/article/2014/09/12/britain-debt-renminbi-idUSL5N0... http://www.bloomberg.com/news/2014-09-12/u-k-to-sell-first-yuan-denomina... -- nor in the official U.K. Treasury statement -- https://www.gov.uk/government/news/great-bonds-with-china-uk-china-dialo... -- the Chinese official news agency Xinhua quot
Monday, September 15, 2014
Jesse - Le Cafe Américain
Mark Crispin Miller: Forbidden Thoughts and Fighting For the Truth
Mark Crispin Miller is professor of media studies at New York University. He is known for his writing on American media and for his activism on behalf of media reform. His books include Boxed In: The Culture of TV, Seeing Through Movies, Mad Scientists, a study of war propaganda, and Fooled Again: How the Right Stole the 2004 Elections. He was was a contributor to the documentary 'Orwell Rolls Over In His Grave.' He graduated from Northwestern University with a BA in 1971, Johns Hopkins Unive
Monday, September 15, 2014
Chris Powell - GATA
At last some European gold that isn't on its way to China
From the Sofia Globe Sofia, Bulgaria Tuesday, September 9, 2014 http://sofiaglobe.com/2014/09/09/diver-finds-2750-year-old-gold-coin-in-... A diver has found what is believed to be the oldest gold coin ever discovered in Bulgaria, Bulgarian news agency BTA reported on September 9. The coin was found in shallow waters near the resort town of Sozopol on Bulgarias Black Sea coast. The diver saw the gleaming coin by accident, the report said, and passed it on to Bozhidar Dimitrov, a native of Sozopo
Monday, September 15, 2014
Chris Powell - GATA
CME Group facilitates futures market manipulation, Steer tells Sprott Money News
Interviewed by Sprott Money News, GATA board member Ed Steer, editor of Ed Steer's Gold & Silver Daily letter published by Casey Research, discusses the CME Group's entry in the gold futures market in Hong Kong and the company's facilitation of manipulative trading in all the futures markets it manages. The interview is seven minutes long and is posted at the Sprott Money Internet site here: http://www.sprottmoney.com/sprott-money-weekly-wrap-up
Monday, September 15, 2014
Chris Powell - GATA
Share price divergence is what results when central banks buy only index futures
By Lu Wang and Joseph Ciolli Bloomberg News Monday, September 15, 2014 NEW YORK -- Beneath the U.S. stock market's record-setting gains, trouble is stirring. About 47 percent of stocks in the Nasdaq Composite Index are down at least 20 percent from their peak in the last 12 months while more than 40 percent have fallen that much in the Russell 2000 Index and the Bloomberg IPO Index. That contrasts with the Standard & Poor's 500 Index (SPX), which has closed at new highs 33 times in 2014 and wher
Monday, September 15, 2014
Julian D. W. Phillips - Gold Forecaster
Gold & Silver Market Morning
Gold Today – The gold price closed at $1,230.70 down $19.30 on Friday in New York. In Asia and London, gold prices recovered slightly to $1,234.40.The gold price was Fixed at $1,234.75 down $12.25 and in the euro at €955.615 down €8.585 while the euro was weaker at $1.2921. Ahead of New York’s opening, gold was trading at $1,235.40 and in the euro at €955.90.Silver Today – The silver price closed in New York at $18.65 down 33 cents. Ahead of New York’s opening it was trading at $18.66.Gold (very
Monday, September 15, 2014
Perth Mint Blog - Perth Mint Blog.
VIDEO - New Australian Kangaroo Gold Bullion Coins Available Now
BULLION BARS AND COINS The Australian Kangaroo is Australia’s premier gold coin program. Struck from 99.99% pure gold and issued as Australian legal tender, the coins are available in five sizes. The 2015 1oz, 1/2oz, 1/4oz and 1/10oz releases depict a new image of a bounding kangaroo set against the backdrop of a giant ‘harvest’ Moon over the Australian outback. In line with tradition, the 1 kilo coin features the classic ‘Red Kangaroo’ design created by Dr Stuart Devlin AO CMG. Buy
Monday, September 15, 2014
Chris Powell - GATA
Central banks inflating 'elevated' asset prices, BIS says
LONDON -- Financial asset prices are at "elevated" levels and market volatility remains "exceptionally subdued" thanks to ultra-loose monetary policies being implemented by central banks around the world, the Bank for International Settlements said today. In its quarterly review, the BIS said financial market volatility spiked higher in August on the back of geopolitical concerns and worries over economic growth but quickly returned to "exceptional lows" across most asset classes. "By fostering
Sunday, September 14, 2014
Chris Powell - GATA
Koos Jansen: China again buys the dip in gold and silver gets scarcer
Declining gold prices again have pushed demand up on the Shanghai Gold Exchange as China buys the dips, while silver inventories on the Shanghai Futures Exchange continue to fall, gold researcher and GATA consultant Koos Jansen reports today. His analysis is posted at Bullion Star here: https://www.bullionstar.com/article/chinese%20gold%20demand%2039%20week%...
Sunday, September 14, 2014
Chris Powell - GATA
Bullion banks use inside information to drive gold down on Comex, Roberts says
The New York Commodities Exchange is run by investment banks that double as bullion banks, former Assistant U.S. Treasury Secretary Paul Craig Roberts tells King World News tonight, adding that the investment banks can see the gold futures positions taken by hedge funds and use their inside information to loot the hedge funds. An excerpt from the interview is posted at the KWN blog here: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/9/14_Pa...
Sunday, September 14, 2014
Jesse - Le Cafe Américain
SP 500 and NDX Futures Daily Charts - Skittish, Toombs, Very Skittish
"Don't know about this new crew of yours. They seem a bit skittish. Probably shouldn't tell them what happened to the last crew... Skittish, Toombs, very skittish." Vin Diesel, Chronicles of Riddick Stocks were on another down leg today, taking back the late afternoon stick save from yesterday, and a little bit more.   The selling was very orderly and the VIX barely bleeped. The spokesmodels were claiming this is a 'good news is bad news' thing, since retail sales grew more than expected in
Saturday, September 13, 2014
Jesse - Le Cafe Américain
Gold Daily and Silver Weekly Charts -
"The tendency of things is, indeed, to make matters worse still. The poor are every year becoming poorer, and more dependent upon those who feast upon their sufferings; while the wealth and power of the realm are annually concentrating in fewer hands, and becoming more and more instruments of oppression.” John C. Cobden, 1854 Retail sales came in a bit hot today, triggering a 'good news is bad news' selloff in stocks, at least according to the spokesmodels on bubblevision. The retail sales r
Saturday, September 13, 2014
Chris Powell - GATA
  Hugo Salinas Price: Fiat money and independence for Scotland
Fiat currency is a cause of national separatism, currency wars, and social division between rich and poor, Hugo Salinas Price of the Mexican Civic Association for Silver writes this week in commentary headlined "Fiat Money and Independence for Scotland," posted at the association's Internet site, Plata.com, here. http://plata.com.mx/mplata/articulos/articlesFilt.asp?fiidarticulo=248
Friday, September 12, 2014
Chris Powell - GATA
Gene Arensberg: Gold shorting could reverse violently
The Got Gold Report's Gene Arensberg writes today that there is a lot of opportunistic shorting going on in gold and when it reverses it may do so violently. His commentary is headlined "Speculator 'Insurance Shorts' and Swap Dealer Shorts Likely to Spark a Counter Rally in Gold" and it's posted at the GGR here: http://www.gotgoldreport.com/2014/09/speculator-insurance-shorts-and-swa...
Friday, September 12, 2014
Chris Powell - GATA
Koos Jansen: India's gold imports for June were highest in 12 months
Gold researcher and GATA consultant Koos Jansen reports today that India's official gold imports for June were the highest in 12 months, which seems to contrast strangely with the Reuters report from a few hours ago that India may be falling out of love with gold: http://www.reuters.com/article/2014/09/12/india-gold-idUSL3N0R52ZR201409... Jansen's analysis is posted at Bullion Star here: https://www.bullionstar.com/article/india%20gold%20import%20june%20highe...
Friday, September 12, 2014
Chris Powell - GATA
Alasdair Macleod: Dollar 'strength' may be only deflationary collapse
GoldMoney research director Alasdair Macleod writes today than the U.S. dollar's recent strength may be less an indication of economic recovery in the United States than of a deflationary collapse of the world economy: http://www.goldmoney.com/research/analysis/currency-turbulence?gmrefcode... And King World News has gold-related commentaries from Swiss gold fund manager Egon von Greyerz -- http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/9/12_Th... -- mining entrepreneur Keith B
Friday, September 12, 2014
Chris Powell - GATA
The Bank of England has already issued a dozen certificates for this gold
By Sophie Jane Evans Daily Mail, London Wednesday, September 10, 2014 http://www.dailymail.co.uk/news/article-2750977/Gold-engagement-ring-17t... A gold engagement ring from the 17th century has been unearthed by a pensioner with a metal detector -- more than 300 years after it was lost. Tom Ross, 69, was sweeping his metal detector over a ploughed farmer's field near Newtownabbey in County Antrim, Northern Ireland, when he stumbled across the item. The rare "posy" ring, which dates to the late
Friday, September 12, 2014
Jesse - Le Cafe Américain
  Gold Daily and Silver Weekly Charts - Like a Land War In Asia
There was the usual London-New York hit applied to the precious metals earlier this morning. Nothing new in that. There was a bit of a bounce into the close for gold, and some action in the mining stocks as well. Shown below are the Comex reports for both gold and silver for yesterday. I thought it was funny that more gold contracts were stopped than for silver, although as you know gold contracts are 100 oz. and silver are 1000 oz. because of the relative difference in prices per ounce.  Af
Friday, September 12, 2014
Jesse - Le Cafe Américain
SP 500 and NDX Futures Daily Charts - Stick Save In Pigland
Stocks were wobbly for most of the day as the US administration is once again beating the drums of endless war. And it did not help that the economic numbers this morning came in a bit weakly, with initial unemployment claims a bit on the high side. But these daily numbers do not mean all that much. What is of much more concern is the instability in the world, that I would suggest is an artifact of the 'currency war.' And of course the currency war is almost beyond a doubt one manifest
Friday, September 12, 2014
Chris Powell - GATA
U.S. to sanction Sberbank, tighten limits on other Russian banks, sources tell Reuters
WASHINGTON -- The United States will take new steps on Friday to limit the access of major Russian banks, including Sberbank, to U.S. debt and equity markets to punish Russia for its intervention in Ukraine, sources familiar with the matter said. The sanctions are timed to coincide with fresh European Union economic penalties, with both sets aimed at the Russian energy, financial and defense sectors. ... ... For the remainder of the report: http://www.reuters.com/article/2014/09/11/us-ukraine-cr
Friday, September 12, 2014
Chris Powell - GATA
TF Metals Report: Watching the flows
Driving the gold price down is taking greatly increasing effort by the bullion banks underwritten by central banks, the TF Metals Report's Turd Ferguson reports today, analyzing futures market positions. But the banks are making that effort, even if Ferguson's commentary suggests that they are nearing a short-covering point. His commentary is headlined "Watching the Flows" and it's posted at the TF Metals Report here: http://www.tfmetalsreport.com/blog/6113/watching-flows
Thursday, September 11, 2014
Julian D. W. Phillips - Gold Forecaster
Gold & Silver Market Morning
Gold Today – The gold price closed at $1,250.00 down $4.60 on Wednesday in New York after falling to $1,245. In Asia and London, gold prices recovered back to $1,250.The gold price was Fixed at $1,247.00 down $8.75 and in the euro at €964.20074.507 down €10.307 while the euro was stronger at $1.2933. Ahead of New York’s opening, gold was trading at $1,240.90 and in the euro at €960.67. Silver Today – The silver price closed in New York at $18.98 down 5 cents. Ahead of New York’s opening it was t
Thursday, September 11, 2014
Jesse - Le Cafe Américain
Wednesday Evening: Hymn In a German Train Station
"Here, in an ordinary train station in Wuppertal, Germany, the group Árstíðir began singing the Icelandic hymn “Heyr himna smiður”.  The hymn — the oldest known Scandinavian hymn — dates back to the early 13th century when the Icelandic chieftain Kolbeinn Tumason is purported to have written these familiar words on his deathbed. Then, more than seven centuries later, the composer Þorkell Sigurbjörnsson put them to music." On Being Blog Hear, Smith of the heavens. The poet seeketh. In thy st
Thursday, September 11, 2014
Jesse - Le Cafe Américain
SP 500 and NDX Futures Daily Charts - Bubblicious
There is a surprising amount of open endorsement of the necessity of 'asset bubbles' coming from Wall Street shills and establishment economists. As you know, a bubble represents a mispricing of risk. It is often used as a means of creating and redistributing wealth, generally from the gullible many to crafty insiders and the wealthy. At best, a bubble *could* function as a means of top down stimulus, most likely not a generally effective stimulus, if one overlooks the immorality of theft thr
Wednesday, September 10, 2014
Jesse - Le Cafe Américain
Gold Daily and Silver Weekly Charts - Do Something
There was intraday commentary on the moral hazard of applying selective justice to the TBTF Banks here. I recommend that you read it. And if you find what it says to be useful, perhaps you might consider giving it a wider audience as you can here and there. You might consider doing it with other things from like-minded people that you find to be useful. It is a little thing to do, but it is something and better than nothing. Others use donations which are appropriate for their own situation
Wednesday, September 10, 2014
Chris Powell - GATA
Weak hands have been shaken out of gold, Butler and Skoyles contend
Fund manager and author John Butler and Jan Skoyles, CEO of The Real Asset Co., interviewed in London the other day by financial journalist Lars Schall, concurred that the weak hands have been shaken out of gold and that most gold investors are holding for the long term, expecting market fundamentals to prevail. The interview is six minutes long and is posted at Matterhorn Asset Management's Internet site, Gold Switzerland. If your own hands aren't shaking too much, you can watch the interview b
Wednesday, September 10, 2014
Jesse - Le Cafe Américain
Moral Hazard: The Abysmal Failure of the Doctrine Of Selective Justice In Finance
Moral Hazard - In economic theory, a moral hazard is a situation in which a party is more likely to take risks because the costs that could result will not be borne by the party taking the risk. In other words, it is a tendency to be more willing to take a risk, knowing that the potential costs or burdens of taking such risk will be borne, in whole or in part, by others. A moral hazard may occur where the actions of one party may change to the detriment of another after a financial transaction h
Wednesday, September 10, 2014
Chris Powell - GATA
Russia and China agree to settle more trade in their own currencies
BEIJING -- Russia and China pledged on Tuesday to settle more bilateral trade in ruble and yuan and to enhance cooperation between banks, First Deputy Prime Minister Igor Shuvalov said, as Moscow seeks to cushion the effects of Western economic sanctions. Shuvalov told reporters in Beijing that he had agreed on an economic cooperation pact with Chinese Vice Premier Zhang Gaoli that included boosting use of the ruble and yuan for trade transactions. The pact also lets Russian banks set up account
Wednesday, September 10, 2014
Jesse - Le Cafe Américain
Gold Daily and Silver Weekly Charts - Learning to Love the Fed's Bubbles Is Our Only Choice
Apparently today is my day to pick on poor Paul Krugman. I happened to read this today, and it was just too illustrative of a certain institutional economic mindset to go by unremarked.  Paul is responding to questions for an interview in a recent issue of Princeton Magazine. Are bubbles good or bad and do we need them to create strong economic growth and reach higher levels of employment? Bubbles are bad if you
Wednesday, September 10, 2014
Julian D. W. Phillips - Gold Forecaster
Gold & Silver Market Morning
Gold Today – The gold price closed at $1,254.60 down $1.00 on Tuesday in New York. In Asia and London, gold prices held $1,256.00.The gold price was Fixed at $1,255.75 down $0.25 and in the euro at €974.507 down €0.27 while the euro was unchanged at $1.2886. Ahead of New York’s opening, gold was trading at $1,253.00 and in the euro at €967.90.Silver Today – The silver price closed in New York at $19.03 down 2 cents. Ahead of New York’s opening it was trading at $19.05.Gold (very short-term) We e
Wednesday, September 10, 2014
Chris Powell - GATA
Either market or Asia will revalue gold with an upward spike, Turk tells KWN
GoldMoney founder and GATA consultant James Turk, interviewed by King World News, says that while gold has not kept up with the asset price inflation engineered by the Federal Reserve's debt monetization, it is likely to be revalued in a spike upward either by the liberation of market forces or by formation of a gold-backed currency bloc in Asia. An excerpt from Turk's interview is posted at the KWN blog here: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/9/10_De...
Wednesday, September 10, 2014
Jesse - Le Cafe Américain
SP 500 and NDX Futures Daily Charts - The Myopia of Empire - On Freedom
"Next week Scotland will hold a referendum on whether to leave the United Kingdom. And polling suggests that support for independence has surged over the past few months, largely because pro-independence campaigners have managed to reduce the 'fear factor' — that is, concern about the economic risks of going it alone. At this point the outcome looks like a tossup. Well, I have a message for the Scots: Be afraid, be very afraid..."
Wednesday, September 10, 2014
Jesse - Le Cafe Américain
SP 500 and NDX Futures Daily Charts - The Myopia of Empire - Alba Gu Bràth - On Freedom
"Next week Scotland will hold a referendum on whether to leave the United Kingdom. And polling suggests that support for independence has surged over the past few months, largely because pro-independence campaigners have managed to reduce the 'fear factor' — that is, concern about the economic risks of going it alone. At this point the outcome looks like a tossup. Well, I have a message for the Scots: Be afraid, be very afraid..." Paul Krugma
Wednesday, September 10, 2014
Jan Skoyles - The Real Asset Co
Jan Skoyles speaks to Matterhorn Asset Management

Wednesday, September 10, 2014
Jesse - Le Cafe Américain
Gold Daily and Silver Weekly Charts - Learning to Love the Fed's Bubbles Our Only Choice
Apparently today is my day to pick on poor Paul Krugman. I read this in a doctor's waiting room today, and it was just too illustrative of a certain institutional mindset to go by unremarked.  Paul is responding to questions for an interview in the latest issue of Princeton Magazine. Are bubbles good or bad and do we need them to create strong economic growth and reach higher levels of employment? Bubbles are bad if you have an economy near full em
Wednesday, September 10, 2014
Jesse - Le Cafe Américain
SP 500 and NDX Futures Daily Charts - The Myopia of Empire
"Next week Scotland will hold a referendum on whether to leave the United Kingdom. And polling suggests that support for independence has surged over the past few months, largely because pro-independence campaigners have managed to reduce the 'fear factor' — that is, concern about the economic risks of going it alone. At this point the outcome looks like a tossup. Well, I have a message for the Scots: Be afraid, be very afraid..." Paul Krugman, Scotland, What the Heck Kinnoch: With respect,
Wednesday, September 10, 2014
Chris Powell - GATA
Increased money creation requires more gold price suppression, Embry says
Sprott Asset Management's John Embry tells King World News today that the West's agitation in Ukraine risks war and that increased money creation has increased the need of governments to suppress the gold price: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/9/9_Emb...
Wednesday, September 10, 2014
Chris Powell - GATA
Koos Jansen: German gold repatriation accelerating
Bloomberg News would have the world believe that Germany's Bundesbank has stopped repatriating gold from the Federal Reserve Bank of New York, but gold researcher and GATA consultant Koos Jansen says today the repatriation is likely accelerating, though of course with such a slow start almost anything might qualify as acceleration. Jansen's commentary is headlined "German Gold Repatriation Accelerating" and it's posted at Bullion Star here: https://www.bullionstar.com/article/german%20gold%20rep
Tuesday, September 09, 2014
Chris Powell - GATA
Brian Domitrovic: Transacting in gold can shaft the IRS
http://www.forbes.com/sites/briandomitrovic/2014/09/08/transacting-in-go... In 2011, the state of Utah passed a law banning taxes on the use of gold and silver coins as currency and permitting residents to remit state taxes in these coins. Big deal, you might say. That's already in the Constitution: "No state shall ... make anything but gold and silver coin a tender in payment of debts." Oklahoma has done something similar, confirming that transactions taking place in gold and silver are free fr
Tuesday, September 09, 2014
Chris Powell - GATA
CME Group admits its exchanges have been allowing manipulative trading practices 
Zero Hedge reports tonight that CME Group, operator of futures exchanges, including the Comex in New York, that give discounts to central banks and governments for surreptitious trading whose purpose can be only to manipulate markets, has told the U.S. Commodity Futures Trading Commission that effective September 15 it will ban "spoof trades," "quote stuffing," and "disorderly execution of transactions during the closing period" -- which is to say, as Zero Hedge notes, that this sort of market m
Tuesday, September 09, 2014
Perth Mint Blog - Perth Mint Blog.
2015 Australian Kangaroo Gold Coins To Be Released Early
BULLION BARS AND COINS We’re pleased to announce that the 2015 Australian Kangaroo Gold Bullion Coin Series will be available for sale from The Perth Mint on Monday 15 September 2014. Released annually, the Kangaroo is Australia’s premier gold coin program. Struck from 99.99% pure gold and issued as Australian legal tender, the coins are available in five sizes.   The 2015 1oz, 1/2oz, 1/4oz and 1/10oz releases depict a new image of a bounding kangaroo set against the backdrop a giant ‘ha
Tuesday, September 09, 2014
Chris Powell - GATA
GOFO rate's demise another sign of 'financial repression' and gold suppression, Turk says
The imminent concealment of the gold forward offered interest rate (GOFO), following the concealment of the silver forward offered rate (SIFO), is another sign of "financial repression" and gold price suppression, GoldMoney founder and GATA consultant James Turk tells King World News today. The interview is excerpted at the KWN blog here: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/9/8_Jam...
Tuesday, September 09, 2014
Jesse - Le Cafe Américain
SP 500 and NDX Futures Daily Charts - The Age of the Thing
"Greetings citizens. We are living in the age, in which the pursuit of all values other than money, success, fame, glamour have either been discredited or destroyed. money, success, fame, glamour, for we are living in the age of the thing. money, success, fame, glamour..." Macaulay Culkin et al., Party Monster "The perpetrators were scholars, doctors, nurses, justice officials, the police and the health and workers’ administration. The victims were poor, desperate, rebellious or in need o
Monday, September 08, 2014
Jesse - Le Cafe Américain
Gold Daily and Silver Weekly Charts - Abide
Gold and silver had the usual hit today, that was almost perfunctory in its routineness.  That did not make it any less obvious. There is quiet panic in the banks and the boardrooms, make no mistake of that.  Russia has them perplexed.  China has them confused.  The rest of the world holds them in contempt.  Most with eyes open can see their falsehoods.  Force is extended to make up for the weakness of the fraud. How and when this will end, no one can say. For now we must be waitful and watch
Monday, September 08, 2014
Jesse - Le Cafe Américain
NAV Premiums of Certain Precious Metal Trusts and Funds - Bottoming, Perhaps
The currency war continues.  My sense is that we *might* see a double bottom echo of the last double bottom, but that the impedance of seasonality factors and supply issues will continue to degrade the paper market price swing in this rinse of the latest wash and rinse. But the trend is the trend until it is not.  I have learned to be keenly aware of the brazen stupidity of our pampered princes when frightened.
Monday, September 08, 2014
Jesse - Le Cafe Américain
NAV Premiums of Certain Precious Metal Trusts and Funds
The currency war continues.
Monday, September 08, 2014
Chris Powell - GATA
Goldcorp CEO sees 'peak gold' this year or next
Miners have reached "peak gold," in which production of the precious metal has hit its high as easy-to-mine gold deposits become harder to find, said Chuck Jeannes, chief executive of Goldcorp, the world's largest gold miner by market capitalization. Mr. Jeannes said in an interview that a falloff in supply will support the gold price but make mining it even harder and lead to further consolidation in the industry. ... "Whether it is this year or next year, I don't think we will ever see the gol
Monday, September 08, 2014
Chris Powell - GATA
Sprott Money's weekly wrapup interviews GATA director Ed Steer
Disclosures that central banks are surreptitiously trading most futures markets operated by CME Group, including the New York Commodity Exchange, are discussed by GATA Board of Directors member Ed Steer, editor of Casey Research's Gold and Silver Daily letter, in Sprott Money's weekly wrapup interview. The interview is 6 minutes long and can be heard at the Sprott Money Internet site here: http://www.sprottmoney.com/sprott-money-weekly-wrap-up
Monday, September 08, 2014
Chris Powell - GATA
GoldCore: Can GOFO avoid scrutiny other benchmark rates are facing?
With another interest-rate benchmark, ISDAFIX, coming under suspicion, GoldCore's daily commentary today wonders whether the London Bullion Market Association's Gold Forward Offered rate, better known as GOFO and used for various gold-related financial transactions, can escape scrutiny much longer. GoldCore's commentary is headlined "As ISDAFIX Becomes Next LIBOR, Can GOFO Manage To Avoid the Spotlight?" and it's posted at GoldCore's Internet site here: https://www.goldcore.com/goldcore_blog/As_
Monday, September 08, 2014
Chris Powell - GATA
Would Scotland take its gold or just a paper claim against Bank of England?
By Jan Harvey Reuters Monday, September 8, 2014 LONDON -- An independent Scotland could lay claim to a part of the United Kingdom's 310-tonne gold reserves if votes go in favour of the "yes" campaign this month, with ownership of Britain's bullion hoard up for negotiation along with other assets. "The distribution of the UK's assets in the event of Scottish independence would be subject to negotiation between an independent Scottish Government and the continuing UK government," a spokesman for t
Monday, September 08, 2014
Julian D. W. Phillips - Gold Forecaster
Gold & Silver Market Morning: Sept-8-2014
Gold Today – The gold price closed at $1,268.80 up $5.90 on Friday in New York. In Asia and London, gold prices were holding those levels.The gold price was Fixed at $1,267.25 up $3.25 and in the euro at €978.874 up €3.189 while the euro was weak at $1.2946. Ahead of New York’s opening, gold was trading at $1,264.80 and in the euro at €978.57. Silver Today – The silver price closed in New York at $19.20 up 12 cents. Ahead of New York’s opening it was trading at $19.17.Gold (very short-term)We ex
Monday, September 08, 2014
Jesse - Le Cafe Américain
The Corporate Media In America: Orwell Rolls Over In His Grave
"The American fascist would prefer not to use violence. His method is to poison the channels of public information. With a fascist the problem is never how best to present the truth to the public but how best to use the news to deceive the public into giving the fascist and his group more money or more power.” Henry A. Wallace "Do remember that dishonesty and cowardice always have to be paid for. Don't imagine that for years on end you can make yourself the boot-lic
Monday, September 08, 2014
Perth Mint Blog - Perth Mint Blog.
Monthly Sales â?? August 2014
STATISTICS Total ounces of gold and silver sold by The Perth Mint in July 2014 as coins and minted bars.  - Gold (Au): 36,369  - Silver (Ag): 818,856
Monday, September 08, 2014

Advertising