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Most read articles
Chris Powell - GATA
Gene Arensberg: Swap dealers' gold shorts could be spark for squeeze
The Got Gold Report's Gene Arensberg writes tonight that the most likely potential cause of a short squeeze in the monetary metals is the large short position being maintained by "swap dealers" in gold futures. Arensberg's commentary is headlined "If a Precious Metals Squeeze Develops, Look to Swap Dealer Gold Positions as a Cause" and it's posted at the GGR here: http://www.gotgoldreport.com/2014/08/if-a-precious-metals-squeeze-develo...
Sunday, August 24, 2014
Chris Powell - GATA
Sprott calls attention to next week's silver option expiry
Reviewing this week's events, Sprott Asset Management CEO Eric Sprott tells Sprott Money News that next week's silver option expiry could trigger interesting price movements and that as inflation continues to rise faster than wages, the world economy is likely to remain weak. The interview is 8 minutes long and can be heard here: http://www.sprottmoney.com/sprott-money-weekly-wrap-up
Saturday, August 23, 2014
Chris Powell - GATA
David Stockman: How the Fed loots U.S. savers to subsidize foreign banks
Former U.S. budget director David Stockman's latest commentary explains how the Federal Reserve's interest-rate policy is redistributing hundreds of billions of dollars from ordinary savers and investors to foreign banks. This has to be a big reason why the countries in which those banks are domiciled decline to complain about U.S. dollar imperialism. Stockman's commentary is headlined "Why The Fed's Outrageous Gift To Foreign Banks -- Risk-Free Aribitrage -- Is Just the Tip of the Iceberg" and
Saturday, August 23, 2014
Chris Powell - GATA
TF Metals Report: The Swiss gold initiative
The TF Metals Report's Turd Ferguson writes today that it's time to start paying close attention to the referendum campaign in Switzerland to repatriate the country's gold, to stop the central bank's gold sales, and to tie the Swiss franc to gold again. Since an affirmative vote on the referendum would strike a powerful blow against the absolute and unaccountable power of central banking, Ferguson notes that it deserves support worldwide. His commentary is headlined "The Swiss Gold Initiative"
Saturday, August 23, 2014
Chris Powell - GATA
Koos Jansen: India's silver imports run ahead of last year's
Gold researcher and GATA consultant Koos Jansen reports today that India's silver imports are running slightly ahead of last year's, as the government's heavy restriction of gold imports pushes demand toward the other monetary metal. Jansen's analysis is posted at Bullion Star here: https://www.bullionstar.com/article/india%20imports%202559%20mt%20silver...
Saturday, August 23, 2014
Chris Powell - GATA
U.S. Mint platinum coins bypassed in rush for gold
http://www.bloomberg.com/news/2014-08-20/u-s-mint-platinum-coins-bypasse... Five months after the U.S. Mint began producing coins made with platinum, sales have all but collapsed as investors continue to favor gold and silver. "It's not considered a currency," said Jason Carstensen, a medical-sales representative in Ventura, California, who spends about $2,000 a month on coins. Gold and silver have value as hedges against a devaluation of the dollar, while platinum is viewed as an industrial com
Friday, August 22, 2014
Chris Powell - GATA
Donlin gold mine in Alaska brings hope of jobs -- and fear of destruction
DONLIN GOLD WORK CAMP, Alaska -- On a remote ridge in the big, open space between Bethel and Anchorage, where the land and minerals are owned by Alaska native corporations, developers want to cut deep into the earth to extract microscopic bits of gold. The Donlin Gold project is moving quietly forward. Backers are seeking key government permissions and trying to secure the trust of local residents. Developers say the mine's design will be the safest, most stable possible. A wealth of good jobs w
Sunday, August 24, 2014
Chris Powell - GATA
Spanish professor details the faults of the fiat money system
The fiat money system has many faults, economics Professor Philipp Bagus of King Juan Carlos University in Madrid tells financial writer Lars Schall in an interview sponsored by Matterhorn Asset Management and posted at its Gold Switzerland Internet site. The fiat system, Bagus tells Schall, encourages early indebtedness, penalizes savings through inflation, favors the privileged who have the quickest access to money creation, and makes people too materialistic. Bagus adds that the nature of mo
Saturday, August 23, 2014
Chris Powell - GATA
Von Greyerz and Celente interviewed at King World News
At King World News this weekend. ... Swiss gold fund Egon von Greyerz says gold is unloved and undervalued: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/8/22_We... Von Greyerz also examines the initiative in Switzerland to repatriate the country's gold reserves and prevent their sale: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/8/21_Sw... And trends forecaster Gerald Celente contrasts the U.S. government's economic fairy tales with what real people are fa
Saturday, August 23, 2014
Chris Powell - GATA
  Here's why the gold and silver miners don't complain about price suppression 
Writing at the Silver Doctors Internet site, Bill Rice Jr., managing editor of the weekly newspaper in Montgomery, Alabama, The Independent, asks why gold and silver miners won't fight back against gold and silver market manipulation and price suppression: http://www.silverdoctors.com/why-wont-the-miners-fight-back/ That question also has vexed GATA, but having dealt with many mining company executives for many years, we think we can explain it. First, many gold and silver mining executives ar
Monday, September 01, 2014
Chris Powell - GATA
China gold exchange gains traction as yuan reforms stir interest
China's planned global gold exchange has signed up more members than targeted, as foreign banks and trading houses seek direct access to the world's top physical gold consumer and to test out reforms allowing them to trade commodities in the yuan currency. The strong response from foreign players will boost efforts by China -- also the world's biggest producer of gold -- to gain pricing power over the metal and to challenge the dominance of London and New York in trading. ... ... For the remaind
Friday, August 22, 2014
Jesse - Le Cafe Américain
SP 500 and NDX Futures Daily Charts - Jackson Holes, Hunger Games
Janet Yellen made her Fed debut at their Jackson Hole conference today. Her remarks moved the markets back and forth a bit, and in light volumes with littler other geopolitical and economic news the markets did a sideways consolidation. Well, there was some news. Various government figures have started warning about a large scale terror attack by ISIS. One can only wonder what time the next building falls down. Not to worry one might think, at least judging by the VIX which continues to f
Saturday, August 23, 2014
Jesse - Le Cafe Américain
The Four Challeges In Reforming Economic Governance
This is an interesting discussion by Jeff Sachs, about where we are and why we are there. It is from Jeff Sachs talk at the Martin School at Oxford.  I join it in progress.  I have come to believe that nothing will change until the financiers blow up the system for a third time.  And then the variables will start filling in, and falling into place.   I am especially interested to see what the 'outliers' do in response to this, they being the large actors outside the domestic
Saturday, August 23, 2014
Chris Powell - GATA
Rick Rule sounds suspicious about gold market manipulation
Sprott Asset Management's Rick Rule told financial letter writer Jay Taylor this week that he doesn't want to believe in conspiracies to manipulate the gold market but is "very impressed by the amount of data" GATA has collected. (See http://www.gata.org/taxonomy/term/21.) Rule said the heavy selling of gold and silver at illiquid times in the market suggests attempts to drive prices down. If the LIBOR interest rate could be manipulated, Rule added, it would be much easier to manipulate the gold
Saturday, August 23, 2014
Chris Powell - GATA
Maybe for another $100 they'll throw in the gold mining company too
From the Canadian Broadcasting Corp., Toronto Friday, August 22, 2014 http://www.cbc.ca/news/canada/british-columbia/bradian-b-c-former-mining... If property prices are getting you down, you could become the proud owner of an entire town for about the same price as a home in a big city like Vancouver or Toronto. Bradian, British Columbia -- 22 houses sitting on 20 hectares -- is on the market for just under $1 million. And while most ghost towns are fairly remote, Bradian is only about 109 kilom
Tuesday, August 26, 2014
Chris Powell - GATA
  New Orleans conference will debate gold market manipulation
As always unafraid of controversy, the New Orleans Investment Conference in October will feature a debate on whether central banks manipulate the gold market, with your secretary/treasurer arguing in the affirmative and Casey Research founder Doug Casey arguing in the negative. The debate will be moderated by money manager, financial commentator, and fellow conference speaker Adrian Day. Casey is an investor and author who has appeared on hundreds of television and radio programs. His company,
Friday, August 22, 2014
Chris Powell - GATA
Eurozone opens doors to QE as Germany and France stumble
The eurozone has moved closer to adopting further radical measures to ward off a second recession and a spiral of deflation after its two biggest economies fell deeper into trouble yesterday. The dual shock of a French government reshuffle and weaker-than-expected German figures yesterday threatened to add to the malaise in the eurozone, where unemployment remains stubbornly high and growth is at a standstill. Somewhat counterintuitively, this resulted in stock markets across Europe surging and
Tuesday, August 26, 2014
Chris Powell - GATA
China banks boost precious metals hoard amid lease demand
http://www.bloomberg.com/news/2014-09-01/china-banks-boost-precious-meta... The value of precious metals held by China's biggest lenders surged 66 percent from a year ago as banks lease more gold to customers because tighter borrowing rules make it harder to lend funds. Precious metals held by Industrial & Commercial Bank of China Ltd., China Construction Bank Corp., Agricultural Bank of China Ltd., and Bank of China Ltd., the country's four biggest lenders, were worth 378 billion yuan ($62 bill
Tuesday, September 02, 2014
Jesse - Le Cafe Américain
Gold Daily and Silver Weekly Charts - Option Expiration Next Week
As a reminder, next Tuesday the 26th will be an option expiration on the Comex. There is intraday commentary about a South African bond denominated and paid for with gold.  This is the first issuance of a real gold bond in many a year. I would expect most of official shilldom and the financial status quo to ignore this. Until another country or entity does the same thing, and then they will speak out against such flagrant barbarism. The rest of the world (ROW) seems to have noticed that the
Saturday, August 23, 2014
Julian D. W. Phillips - Gold Forecaster
Gold & Silver Market Morning
Gold Today – The gold price closed at $1,282.40 up $6.20 tonnes on Tuesday’s level in New York. In Asia and London, gold prices jumped to $1,285 as the dollar strengthened as the euro slipped $1.3178.The gold price was Fixed at $1,285.00 down $1.50 and in the euro at €974.962 up €0.2, while the euro was weaker at $1.3180. Ahead of New York’s opening, gold was trading at $1,286.30 and in the euro at €975.76.Silver Today – The silver price closed in New York at $19.40 up 2 cents. Ahead of New York
Wednesday, August 27, 2014
Jesse - Le Cafe Américain
SP 500 and NDX Futures Daily Charts - Sittin' On Top of the World
"On desperate seas long wont to roam, Thy hyacinth hair, thy classic face, Thy Naiad airs have brought me home To the glory that was Greece, And the grandeur that was Rome." Edgar Allen Poe, To Helen I think we are getting close to the end of this wash cycle. I'd expect a sideways chop for a while, barring false flags and other events unexpected. VIX shows we are back to relative complacency. Big change from the bottom of the rinse cycle, isn't it? Can't be too skeptical or cyn
Tuesday, August 26, 2014
Jesse - Le Cafe Américain
Gold Daily And Silver Weekly Charts - Comex September Options Expiration Tomorrow 
Just another day on Hamburger Hill. Been down so long, it looks like up to me. Have a pleasant evening.
Tuesday, August 26, 2014
Jesse - Le Cafe Américain
SP 500 and NDX Futures Daily Charts - Third Time Is the Charm
The first chart represents the three bubbles that have been created since the repeal of Glass-Steagall. The Federal Reserve has been a key actor in all three, both as monetary authority and as key banking regulator and policy influencer. The government certainly plays a central role as well. But at the heart of it are the Banks. Stocks were in rally mode on the 'better than expected' economic news, and the forgetfulness of the markets with regard to anything older than this morning. Have a
Friday, August 22, 2014
Jesse - Le Cafe Américain
Gold Daily and Silver Weekly Charts - No Sustainable Recovery From Serial Policy Errors
There are those who think that we are back to 'normal' and that The Recovery™ is already sustainable. This is no recovery. This is the propagation of financial bubbles, systemic corruption, and serial policy errors that support them. The growth in the US economy is still coming primarily from the growth of paper assets and not from any underlying activity in the real economy. The Banks must be restrained, and the financial system reformed, with balance restored to the economy, before there c
Friday, August 22, 2014
Chris Powell - GATA
In KWN interview, Embry warns of currency system apocalypse
Surveying for King World News the increasing intervention in markets by central banks, Sprott Asset Management's John Embry quotes Ludwig von Mises in predicting a currency system apocalypse, echoing the observations a few weeks ago of GoldMoney research director Alasdair Macleod: http://www.gata.org/node/14302 Embry's comments are excerpted at the KWN blog here: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/8/25_Em...
Tuesday, August 26, 2014
Chris Powell - GATA
Digital currency is Ecuador's scheme to increase money supply
From The Associated Press via South China Morning Post, Hong Kong Friday, August 29, 2014 http://www.scmp.com/news/world/article/1581896/ecuador-set-be-first-coun... QUITO, Ecuador -- Ecuador is planning to create the world's first government-issued digital currency, with some analysts saying it may be a first step towards abandoning the country's existing currency, the US dollar -- which the government cannot control. The virtual currency, which central bank officials say they expect will start
Sunday, August 31, 2014
Chris Powell - GATA
Koos Jansen: Precious metals markets -- China vs. U.S.
Gold researcher and GATA consultant Koos Jansen today compares the growth of China's gold and silver markets to the Comex futures market in the United States, noting that the governor of the People's Bank of China says "gold still bears the marked nature of money under the modern financial system." Jansen's analysis is headlined "Precious Metals Markets: China vs. U.S." and it's posted at Bullion Star here: https://www.bullionstar.com/article/precious%20metals%20markets%20china%...
Friday, August 29, 2014
Chris Powell - GATA
Chinese gold demand is stronger than reported, MineWeb's Williams writes
Chinese gold demand is not slipping as much as mainstream financial news media reports suggest, MineWeb's Lawrence Williams writes today, citing gold researcher and GATA consultant Koos Jansen: http://www.mineweb.com/mineweb/content/en/mineweb-gold-analysis?oid=2511...
Tuesday, August 26, 2014
Chris Powell - GATA
Review extols Willem Middelkoop's 'The Big Reset' as 'a phenomenal book'
With "The Big Reset" the Dutch market analyst and writer Willem Middelkoop, a longtime GATA supporter, has written "a phenomenal book" about the likely collapse and transitioning of the world financial system, financial writer Ben Kramer-Miller says in a review posted at Seeking Alpha. "The Big Reset" -- http://www.amazon.com/The-Big-Reset-Financial-Endgame/dp/9089645993/ref=... -- deals extensively with gold price suppression by Western central banks. Kramer-Miller's commentary is headlined "Bo
Sunday, August 31, 2014
Chris Powell - GATA
New York Sun: Krugman's kryptonite
The journalistic establishment's refusal to engage in an honest and candid discussion of gold's place in the international financial system is ridiculed brilliantly today by The New York Sun, which targets New York Times columnist Paul Krugman particularly. "Put a piece of specie next to Mr. Krugman and he shrivels up and like Superman on a slab from Krypton," the Sun writes, "It wouldn't surprise us were Mr. Krugman to keep his Nobel 'gold medal' in a lead-lined case, lest he get woozy when he
Friday, August 22, 2014
Chris Powell - GATA
Gold Switzerland interview: Alasdair Macleod on the reasons for owning gold
GoldMoney research director Alasdair Macleod, interviewed by financial journalist Lars Schall for Matterhorn Asset Management's Gold Switzerland, offers what he considers the three primary reasons for owning gold. But just as interesting, Macleod argues that the London gold market is declining because of its lack of transparency, that gold will remain money if only because Asia increasingly says so, that countries are beginning to realize that they cannot be independent if they rely on the U.S.
Thursday, August 28, 2014
Chris Powell - GATA
  TF Metals Report: Removing any doubt 
The TF Metals Report's Turd Ferguson notes today that gold price suppression seems to be somebody's computer program, scheduled to knock the gold price down hard at 1 p.m. Eastern time even when markets are closed for holidays. His commentary is headlined "Removing Any Doubt" and it's posted at the TF Metals Report here: http://www.tfmetalsreport.com/blog/6089/removing-any-doubt
Monday, September 01, 2014
Chris Powell - GATA
New silver fix mechanism won't stop futures price suppression in New York, Speck says
Manipulation of the silver market has been greater than manipulation of the gold market, financial researcher and GATA consultant Dimitri Speck remarks in an interview with Gold and Silver Worlds. He adds that this manipulation is not likely to be eliminated by the relatively minor changes in the mechanism used to establish the benchmark price in London, since the manipulation is heaviest in the futures market in New York. The interview with Speck is headlined "Can the New Silver Fix End the Ong
Sunday, August 31, 2014
Jesse - Le Cafe Américain
Friday Evening with Lady Day

Saturday, August 30, 2014
Chris Powell - GATA
Koos Jansen: Chinese weekly gold demand highest since February
Offtake from the Shanghai Gold Exchange for the week ending August 22 was the most in 25 weeks, gold researcher and GATA consultant Koos Jansen reports today. He estimates that the gold reserves of the People's Bank of China likely have reached 4,000 tonnes, while admitting that he has no hard data indicating such a total. Jansen's commentary is headlined "Chinese Weekly Gold Demand Highest Since February" and it's posted at Bullion Star here: https://www.bullionstar.com/article/chinese%20weekly
Sunday, August 31, 2014
Chris Powell - GATA
Finance and Liberty interviews GATA Chairman Bill Murphy
GATA Chairman Bill Murphy, interviewed by Finance and Liberty's Elijah Johnson, contrasts the small open interest in gold futures with the big open interest in silver futures and says big investors seem to be playing for a squeeze in silver. The interview is 18 minutes long and can be heard at YouTube here: https://www.youtube.com/watch?v=1eOSUWUTfgA
Tuesday, September 02, 2014
Chris Powell - GATA
GoldCore: Referendum on Swiss gold would repatriate it from UK, Canada
GoldCore's daily commentary today remarks on the impending gold repatriation referendum in Switzerland and notes that much Swiss gold is vaulted at the Bank of England in London and the Bank of Canada in Ottawa, the latter bank vaulting gold for three other nations as well: https://www.goldcore.com/goldcore_blog/Bank_Of_Canada_Holds_Swiss_Dutch_...
Friday, August 29, 2014
Chris Powell - GATA
Clive Maund: Will U.S. break Russia to maintain dollar hegemony?
While his speculation goes pretty far, with his commentary this week financial letter writer explains clearly a point that GATA long has been trying to make -- that the use of the U.S. dollar as the world reserve currency is the primary mechanism of imperialism, akin to the currency market rigging used by Nazi Germany to loot occupied Europe during World War II, and that the ongoing currency war is a war for control of the world. Gold is a major battleground in that war. Maund's commentary is h
Tuesday, August 26, 2014
Chris Powell - GATA
Toby Connor: Manipulation negates technical analysis of gold market
Gold market letter writer Toby Connor's latest commentary acknowledges that technical analysis doesn't work with the price of gold anymore because of heavy manipulation by "the powers in the paper market." Connor's commentary is headlined "Manipulation Is Still Alive and Well in the Gold Market" and it's posted at his Internet site, Gold Scents, here: http://goldscents.blogspot.com/2014/08/manipulation-is-still-alive-and-w... At GoldSeek here: http://news.goldseek.com/GoldSeek/1408903556.php And
Monday, August 25, 2014
Julian D. W. Phillips - Gold Forecaster
Gold & Silver Market Morning
Gold Today – The gold price closed at $1,280.4 up $3.30 on Friday’s level in New York. In Asia and London, gold prices slipped to $1276 as the dollar strengthened to $1.2305.The gold price was Fixed at $1,277.25 down $3.75 and in the euro at €964.181 down €0.936, while the euro was weaker at $1.3247. Ahead of New York’s opening, gold was trading at $1,278.30 and in the euro at €968.48. Silver Today – The silver price closed in New York at $19.48 up 1 cent. Ahead of New York’s opening it was trad
Monday, August 25, 2014
Jesse - Le Cafe Américain
Gold Daily and Silver Weekly Charts - Cap 'n Coil
Nothing really happened of note in the Comex warehouses for gold. Silver is seeing the usual movements, in and out, with CNT providing quite a bit of the action. We are now trading the metals for September, which is an active month for silver and not gold. US markets will be closed on Monday for Labor Day. There was commentary overnight about the Coppock indicator which is signaling an intermediate bottom in the price of gold and most likely for silver as well. You can read it here. In my
Saturday, August 30, 2014
Chris Powell - GATA
James McShirley: Silver is almost always knocked down at 6 p.m. ET
Market analyst and GATA consultant James McShirley calls attention today to the almost constant knockdown of the silver futures price upon the 6 p.m. Eastern time opening of the access market. McShirley writes: "Virtually every evening for the last three years at precisely 6 p.m. ET something very odd has happened: Comex silver offers swamped the bids to the tune of a 3-10 cent decline. For this to happen for three consecutive weeks would be strange. If it were to happen for three straight mont
Monday, August 25, 2014
Jesse - Le Cafe Américain
  NAV Premiums of Certain Precious Metal Trusts and Funds - Currency Wars 
"Among the calamities of war may be justly numbered the diminution of the love of truth, by the falsehoods which interest dictates and credulity encourages." Samuel Johnson There is a very little bit of a 'flight to safety' today as the war of words in the Ukraine heats up.  Propaganda is flying hot and heavy from both sides of that border.  Equities are downright complacent, and the precious metals are capped with fair regularity.  All is good, nothing to see here.  Move along. This entire
Thursday, August 28, 2014
Perth Mint Blog - Perth Mint Blog.
Just Hours Remaining To Secure 2014 Lunar & Kookaburra Bullion Coins
BULLION BARS AND COINS Your final chance to purchase Australian Lunar – 2014 Year of the Horse gold and silver bullion coins and 2014 Australian Kookaburra silver bullion coins is Friday 29 August. At the end of trading tomorrow, we are withdrawing both series in preparation for the launch of our 2015 releases. Please take action before this final availability date should you wish to purchase any of the following releases from the Mint: - Year of the Horse 2014 Gold Bullion Coins  â€“ 1/20
Thursday, August 28, 2014
Chris Powell - GATA
Former presidential aide Malmgren says government has interest in suppressing gold
Former presidential adviser and Plunge Protection Team member Philippa Malmgren today tells King World News that governments have an interest in suppressing the price of gold and silver and in otherwise blocking the exits from currency devaluation as official inflation figures begin to be exposed as lies. An excerpt from her interview is posted at the KWN blog here: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/8/22_Ex...
Friday, August 22, 2014
Jesse - Le Cafe Américain
SP 500 and NDX Futures Daily Charts - Two Markets - First SP 500 Close Over 2000
"Now listen to the first three aims of the corporatist movement in Germany, Italy and France during the 1920s. These were developed by the people who went on to become part of the Fascist experience: shift power directly to economic and social interest groups; push entrepreneurial initiative in areas normally reserved for public bodies; obliterate the boundaries between public and private interest -- that is, challenge the very idea of the public interest. This sounds like the official p
Wednesday, August 27, 2014
Julian D. W. Phillips - Gold Forecaster
Gold & Silver Market Morning 
Gold Today – The gold price closed at $1,282.00 down $0.40 on Wednesday’s level in New York. In Asia and London, gold prices were slightly higher in both the dollar and the euro.The gold price was Fixed at $1,288.00 up $3.00 and in the euro at €975.536 up €0.574, while the euro was stronger at $1.3202. Ahead of New York’s opening, gold was trading at $1,290.90 and in the euro at €978.99.Silver Today – The silver price closed in New York at $19.44 up 4 cents. Ahead of New York’s opening it was tr
Thursday, August 28, 2014
Chris Powell - GATA
Alasdair Macleod: The Shanghai Cooperation Organization and Mackinder's prophecy
The coalescing of Asia, led by China and Russia, into an economic bloc determined to get rid of the U.S. dollar for trade settlement is, GoldMoney research director Alasdair Macleod writes, the greatest threat to the economic power of the United States particularly and the West generally. Macleod adds that the accumulation of gold reserves by this bloc, which has formed the Shanghai Cooperation Organization, is a clue as to what the ascending nations consider money. Macleod's commentary is headl
Tuesday, August 26, 2014
Chris Powell - GATA
Promoting his new book, Rickards details the furious international currency war
Geopolitical analyst and fund manager James G. Rickards has gotten together with the Money Morning people to produce a 45-minute video commercial for his latest book, "The Death of Money," but the commercialism can't obscure Rickards' compelling description of the currency war that is raging around the world, if largely beyond the gaze of the mainstream financial news media. Even those who know the basics about the war may be intrigued by some of the details described in the video. It's posted h
Sunday, August 31, 2014
Chris Powell - GATA
Leeb suspects a Chinese 'put' under the gold price
Fund manager Stephen Leeb tells King World News today that he thinks China again has placed a "put" under the gold price: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/8/26_Ex...
Wednesday, August 27, 2014
Julian D. W. Phillips - Gold Forecaster
Gold & Silver Market Morning
Gold Today – The gold price closed at $1,287.30 down $2.00 on Friday in New York. In Asia and London, gold prices were slightly higher in both the dollar and the euro at $1,288.The gold price was Fixed at $1,287.25 down $4.75 and in the euro at €979.344 down €1.599, while the euro was weaker at $1.3144. Ahead of New York’s opening, gold was trading at $1,287.60 and in the euro at €980.17. Silver Today – The silver price closed in New York at $19.48 down 5 cents. Ahead of New York’s opening it wa
Monday, September 01, 2014
Perth Mint Blog - Perth Mint Blog.
Available Now - New Australian Lunar And Kookaburra Bullion Coins
BULLION BARS AND COINS The highly-anticipated 2015 Australian Lunar and Australian Kookaburra bullion coins are available from today. Australian Lunar – 2015 Year of the Goat Silver Bullion Coin Series Meticulously crafted from 99.9% pure silver, these 2015 Year of the Goat coins are available in 10 kilo, 1 kilo, 10oz, 5oz, 2oz, 1oz and 1/2oz sizes. Limited mintage: the 1oz silver bullion coin has a maximum mintage of just 300,000 worldwide - last six issues fully sold out! Australian Lunar
Monday, September 01, 2014
Perth Mint Blog - Perth Mint Blog.
Silver Forum Members Visit The Perth Mint
BULLION BARS AND COINS   Sales & Marketing Director Ron Currie presents details of the 2015 Australian Bullion Coin Program to members of Silver Stackers in The Perth Mint Melting House this morning. Following Ron’s presentation and a lively Q&A, forum members witnessed a traditional gold pouring demonstration – one of the highlights of a visit to The Perth Mint Gold Exhibition.
Monday, September 01, 2014
Chris Powell - GATA
France asks for more ECB action to weaken euro
http://www.bloomberg.com/news/2014-08-31/france-asks-for-more-action-fro... French Prime Minister Manuel Valls called for more action from the European Central Bank to lower the value of the euro, amid concerns the 18-nation region might be headed toward deflation. "The monetary policy has started to change," Valls said today in a speech made at the Socialist Party's summer school in La Rochelle, France. While he called the ECB's package of measures taken in June a "strong signal," he also said
Monday, September 01, 2014
Chris Powell - GATA
Koos Jansen: Comparison of Chinese silver price is complicated by 17% tax
Gold researcher and GATA consultant Koos Jansen reports today that silver prices reported from Shanghai have been including a 17-percent sales tax, complicating their comparison to prices outside the country. Jansen writes that he'll be investigating this subject. His commentary is posted at Bullion Star here: https://www.bullionstar.com/article/chinese%20gold%20demand%20silver%20s...
Wednesday, August 27, 2014
Julian D. W. Phillips - Gold Forecaster
Gold & Silver Market Morning
Gold Today – The gold price closed at $1,276.2 down $4.20 tonnes on Monday’s level in New York. In Asia and London, gold prices jumped to $1,289 as the dollar held new levels but the euro continued to slip slightly to $1.3193.The gold price was Fixed at $1,286.50 up $9.25 and in the euro at €974.769 up €10.588, while the euro was weaker at $1.3198. Ahead of New York’s opening, gold was trading at $1,287.40 and in the euro at €974.86.Silver Today – The silver price closed in New York at $19.37 do
Tuesday, August 26, 2014
Chris Powell - GATA
Natural law and economic law are with gold, but laws no longer apply 
Examining the astounding and continuing downward trend of interest rates that has brought some rates into negative territory, the TF Metals Report's Turd Ferguson postulates today that gold and silver prices won't be going any lower, regardless of the charting done by technical analysts. Ferguson's commentary is headlined "ZIRP Morphs to NIRP" and it's posted at the TF Metals Report here: http://www.tfmetalsreport.com/blog/6077/zirp-morphes-nirp Of course Ferguson is right about what ordinarily
Thursday, August 28, 2014
Chris Powell - GATA
KWN interviews Stockman, von Greyerz, Stoferle, Celente, and Pento
Most financial news organizations have gone to sleep over the Labor Day holiday weekend in the United States, but not King World News. KWN has timely interviews with former U.S. budget director David Stockman: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/8/30_St... Gold fund manager Egon von Greyerz: http://tinyurl.com/odhfnxe Fund manager Ronald-Peter Stoferle: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/8/29_Th... Trends forecaster Gerald Celente: http:
Sunday, August 31, 2014
Chris Powell - GATA
London Metal Exchange dismissed from U.S. price-fixing lawsuits
NEW YORK -- A judge has dismissed London Metal Exchange Ltd as a defendant from U.S. antitrust litigation accusing banks and commodity companies of conspiring to drive up aluminum prices by restricting supply, hurting manufacturers and purchasers. In a decision made public on Tuesday, U.S. District Judge Katherine Forrest in Manhattan concluded that the LME was an "organ" of the UK government, and therefore immune from the lawsuit under the Foreign Sovereign Immunities Act. Forrest acknowledged
Wednesday, August 27, 2014
Julian D. W. Phillips - Gold Forecaster
Gold & Silver Market Morning
Gold Today – The gold price closed at $1,289.30 up $7.30 on Thursday’s level in New York. In Asia and London, gold prices were slightly higher in both the dollar and the euro.The gold price was Fixed at $1,292.00 up $4.00 and in the euro at €980.943 up €5.407, while the euro was weaker at $1.3171.Ahead of New York’s opening, gold was trading at $1,285.60 and in the euro at €974.79. Silver Today – The silver price closed in New York at $19.53 up 9 cents. Ahead of New York’s opening it was trading
Friday, August 29, 2014
Chris Powell - GATA
GATA secretary to speak at London's Mines and Money conference in December
Your secretary/treasurer will speak at the Mines and Money conference in London in December and will try to convey the essence of the Western central bank gold price suppression scheme to the many mining and investment company executives attending without putting them in a position where they might have to acknowledge having listened. Not that GATA will be completely without friends among the conference speakers, such as Ned Naylor-Leyland of Cheviot Asset Management, Egon von Greyerz of Matterh
Wednesday, August 27, 2014
Jesse - Le Cafe Américain
Gold Daily and Silver Weekly Charts - Cap, Cap, Cap
This was a very quiet trade for the day after a Comex Option Expiration. That in itself was notable. There are those who claim that there is a 'China Put' under the metals markets here. Well, let's hope so. As you may know, we are sliding into the Labor Day three day weekend that will mark the end of Summer, and have us looking forward to September which is an active month for Silver, but not for Gold. The Comex did not bother producing any data for the metals as you can see from the noti
Thursday, August 28, 2014
Chris Powell - GATA
FT still can only hint at market rigging by central banks
In the conclusion of a series of articles about "asset bubbles," today's Financial Times shows that it is fully aware of market manipulation by central banks but still can't bring itself to put those words together in the same sentence, nor to mention gold in that context. From today's article, written by the FT's Ralph Atkins: "Investors have seen central bankers suppressing market volatility; the VIX index of expected U.S. share price movements, known as the 'Wall Street fear gauge,' is at a s
Wednesday, August 27, 2014
Jesse - Le Cafe Américain
SP 500 and NDX Futures Daily Charts - Blue Skies As Far As One Can See
So how do you like the big turnaround. Not too long ago stocks were dropping, and the bears were slavering for a market break and talking crash. And today the punters are talking about new highs, and 20% returns on the year for the SP 500 with permanent prosperity for the rentier class. Its a wash and rinse. Or as Al Capone put it, "It's a racket." I wonder if we have time for another cycle before the Alibab IPO in September. Have a pleasant evening.
Wednesday, August 20, 2014
Chris Powell - GATA
Alasdair Macleod: The wages-fuel-demand fallacy
Currency debasement, GoldMoney research director Alasdair Macleod argues today, can't succeed as economic stimulus because it only impoverishes people. Macleod's commentary is headlined "The Wages-Fuel-Demand Fallacy" and it's posted at GoldMoney here: http://www.goldmoney.com/research/analysis/1143-the-wages-fuel-demand-fa...
Friday, August 29, 2014
Jesse - Le Cafe Américain
SP 500 and NDX Futures Daily Charts - Hubris R' Us
The SP 500 futures managed to close at exactly 2000.00.  Cute. There was a remarkable amount of complacency in the US trade today as the summer help took the markets into a three day weekend with plenty simmering on the geopolitical stove. Acampora:  There Is NO WAY the Market Will Crash As you know, today was the end of the month. Next week the pros come back from vacation and we may see a different tone to the daily trade. Have a pleasant weekend.
Saturday, August 30, 2014
Jesse - Le Cafe Américain
SP 500 and NDX Futures Daily Charts - Dog Days of Summer
These are very lazy, almost languid, markets as the hot weather of Summer has the denizens of the canyons of New York out frolicking in the Hamptons or wherever. Our local town, which is on a long established commuter rail line into the City, is almost like a ghost town. But the A-Team will be coming back to the markets next week, after the three day Labor Day weekend. And they will see an equity market well levitated up to some fairly lofty levels, based on expectations of easing in Euro
Thursday, August 28, 2014
Jesse - Le Cafe Américain
Gold Daily and Silver Weekly Charts - Zzzzzzzz...
Sleepy summer days. Madame Tussaud's-on-the-Hudson is acting according to form. Nothing happened in the Comex precious metals reports yesterday.  Price discovery based on real market demand and the exchange of goods is reserved for the neighborhood luncheonettes. Someone suggested, on an economics forum today, that the Fed should raise interest rates to en
Thursday, August 21, 2014
Jesse - Le Cafe Américain
SP 500 and NDX Daily Charts - Hymn To Freedom
The complacency in this market is almost as chilling as the complacency that seems to permeate the privileged classes, from the economists to the politicos. Narcissists without very good peripheral vision.   It makes one--  uneasy. Have a pleasant evening.
Friday, August 29, 2014
Chris Powell - GATA
Dennis Gartman: Gold vs. The Force
Doug Casey of Casey Research refuses to see gold market manipulation because it contradicts his ideology that markets are always bigger than governments. (If only they were, since then no government on the planet would remain in its current configuration and totalitarianism would be impossible.) The job of CPM Group's Jeff "Pay No Attention to That Man Behind the Curtain" Christian depends on his denying gold market manipulation, since the market manipulators are his own clients, central banks.
Friday, August 08, 2014
Julian D. W. Phillips - Gold Forecaster
Gold & Silver Market Morning
Gold Today – The gold price closed at $1,287.30 down $2.00 on Friday in New York. In Asia and London, gold prices were lower in both the dollar and the euro at $1,275.The gold price was Fixed at $1,277.75 down $9.50 and in the euro at €974.42 down €4.924, while the euro was weaker at $1.3113.Ahead of New York’s opening, gold was trading at $1,270.60 and in the euro at €968.85. Silver Today – The silver price closed in New York at $19.37 down 11 cents. Ahead of New York’s opening it was trading a
Tuesday, September 02, 2014
Chris Powell - GATA
The more obvious they are, the closer the day of deliverance
With the only news today that seemed to have any bearing on the gold price being bullish -- Federal Reserve Chairwoman Janet Yellen's testimony to a Senate committee that interest rates will remain low long after the current round of "quantitative easing" ends -- http://www.bloomberg.com/news/2014-07-15/yellen-says-high-degree-of-easi... -- how could gold futures prices be smashed for $25 out of the blue? Maybe the best general financial letter in the world, Bill King's The King Report, publish
Wednesday, July 16, 2014
Chris Powell - GATA
  John Dizard: US dollar-clearing rules make gold the new green
By John Dizard Financial Times, London Friday, July 11, 2014 http://www.ft.com/intl/cms/s/0/feedf9cc-08e0-11e4-8d27-00144feab7de.html... Pecunia non olet. (Money has no smell.) -- Emperor Vespasian (69-79) to his son, Titus, when Titus protested a tax on urine. * * * There is a fresh wind behind the dollar price of gold, which is also increasing the reported and unreported volumes of physical trading in the metal. Thanks to what one (non-banker) friend of mine calls the "dangerously stupid" pun
Monday, July 14, 2014
Chris Powell - GATA
Pento sees QE cycle repeating; Rule finds resource prices surprisingly strong
Fund manager Michael Pento predicts to King World News that when the Federal Reserve stops "quantitative easing," there will be a crash in asset prices and then the Fed will start up QE all over again: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/7/23_Th... And Sprott Asset Management's Rick Rule tells KWN that resource prices are surprisingly strong even though there is no economic recovery: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/7/23_A_...
Wednesday, July 23, 2014
Chris Powell - GATA
Junior resource companies can't help exceeding expectations, Rule tells KWN
Sprott Asset Management's Rick Rule tells King World News today that he is hopeful for junior resource stocks because it would be impossible for them not to exceed expectations. "The expectations bar for the juniors," Rule says, "is so low that the challenge would be to get under it, not over it." His interview is excerpted at the KWN blog here: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/8/10_Ru...
Monday, August 11, 2014
James Turk - Goldmoney
James Turk - The Money Changer
James Turk, Founder and Director of GoldMoney is interviewed by Franklin Sanders and The Money Changer. Read the full interview here
Friday, August 01, 2014
Chris Powell - GATA
New York Sun: The mystery of Jackson Hole
In commentary headlined "Mystery of Jackson Hole," The New York Sun today reflects on the wreckage of the United States economy as the annual economic conference of the Federal Reserve Bank of Kansas City convenes at the famous Wyoming resort. The Sun writes: "Savers have been devastated. The market isn't what it seems. No one wants to lend and no one wants to borrow. Unemployment is still above where it was when Congress gave the Fed a mandate to bring it down. A new Fed chairman has made jobs
Thursday, August 21, 2014
Chris Powell - GATA
Alasdair Macleod: Despite Fed's 'tapering,' money creation is still going strong
Despite the Federal Reserve's so-called tapering of its bond purchases, GoldMoney research director Alasdair Macleod reports today that his measure of fiat money quantity continues to grow at a frightening pace. Macleod's commentary is headlnied "USD FMQ Carries on Growing Despite Tapering" and it's posted at GoldMoney here: http://www.goldmoney.com/research/analysis/usd-fmq-carries-on-growing-de...
Saturday, August 02, 2014
James Turk - Goldmoney
Turk - The Greatest Fear For Central Planners In Gold & Silver
With continued uncertainty in major markets,  James Turk spoke with King World News about what the central planners fear most in the gold and silver markets. Turk also discussed why the price of both metals is now set to explode higher. Read the full interview at King World News
Tuesday, August 19, 2014
Chris Powell - GATA
In KWN interview, Embry foresees hyperinflation or debt deflation
Sprott Asset Management's John Embry tells King World News today that the world economy is sinking, that government economic data is bogus, that gold and silver price suppression has been undertaken by central banks to help suppress interest rates, and that the world faces either hyperinflation or debt deflation: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/8/20_Co...
Thursday, August 21, 2014
Julian D. W. Phillips - Gold Forecaster
Gold & Silver Market Morning
Gold Today – The gold price closed at $1,291.10 down $4.80 on Wednesday’s level in New York. In Asia and early London, gold prices pulled back to reflect a strong dollar.The gold price was Fixed at $1,280.50 down $14 and in the euro at €965.031 down €8.717, while the euro was weaker at $1.3269.Ahead of New York’s opening, gold was trading at $1,281.50 and in the euro at €966.40.Silver Today – The silver price closed in New York at $19.50 up 1 cent. Ahead of New York’s opening it was trading at $
Thursday, August 21, 2014
Jesse - Le Cafe Américain
  SP 500 and NDX Futures Daily Charts - When the Music Stops
“When the music stops, in terms of liquidity, things will be complicated. But as long as the music is playing, you’ve got to get up and dance. We’re still dancing," Chuck Prince, CEO Citigroup, 9 July 2007 In this record inequality and atmosphere of serial policy errors by the privileged ruling class, the markets no longer need the broad, direct participation of the public. The Fed is taking care of the moneyed interests, and the sychophants in government will do anything to smooth their w
Thursday, August 21, 2014
Chris Powell - GATA
Embry expects bailouts because 'bail ins' will collapse the financial system
Debt and unfunded liabilities are crushing national economies and being wrapped in lies by government, Sprott Asset Management's John Embry tells King World News today. Embry expects everything to be bailed out because "bail ins" probably will prompt the financial system's collapse. An excerpt from his interview is posted at the KWN blog here: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/8/5_Emb...
Tuesday, August 05, 2014
Chris Powell - GATA
Koos Jansen: Chinese gold demand 1,094 tonnes this year; silver premium at record
Through July gold offtake for the year on the Shanghai Gold Exchange reached nearly 1,100 tonnes, gold researcher and GATA consultant Koos Jansen reports today. Meanwhile, Jansen adds, silver futures on the Shanghai Futures Exchange are priced at a premium of 8 percent to spot silver in London. His analysis is posted at Bullion Star here: https://www.bullionstar.com/article/chinese%20gold%20demand%201094%20mt%...
Saturday, August 09, 2014
Jesse - Le Cafe Américain
NAV Premiums of Certain Precious Metal Trusts and Funds
Gold and silver took a fairly stiff hit this morning as the US dollar rallied on Yen and Euro weakness. I have been looking for a big down move to flush out the trade and help to set a shorter term bottom. This may be it, or we may have some more to go. Chartwise we are at the bottom of a trading range, if in fact this is what it is. As you may have heard, the central banks are getting price breaks on their trading of the US futures markets. Perhaps we need a new form of Glass-Steagall that
Tuesday, September 02, 2014
Julian D. W. Phillips - Gold Forecaster
Gold & Silver Market Morning 
Gold Today – The gold price closed at $1,295.90 down $3.00 on Tuesday’s level in New York. In Asia and early London, gold prices held that level.The gold price was Fixed at $1,294.50 down $5.75 and in the euro at €973.748 up €0.497, while the euro was weaker at $1.3294.Ahead of New York’s opening, gold was trading at $1,294.60 and in the euro at €974.67.Silver Today – The silver price closed in New York at $19.49 down 19 cents. Ahead of New York’s opening it was trading at $19.47.Gold (very shor
Wednesday, August 20, 2014
Jesse - Le Cafe Américain
Gold Daily and Silver Weekly Charts - Into the Storm: Sharknado II
Today was not unexpected.  Let me repeat.  I was not surprised.  The markets today were so boring, in the manner of a staged match in professional wrestling, that I actually broke down and watch a DVR'd copy of 'Sharknado II.'  (It was absurd to the point of being clichéd and campy but without genuine laughs, just like the current US Congress.) This was the 'wash and rinse' that was being written all over the charts. Stocks dropped about 2%, and gold and silver were under continuing pressure
Friday, August 01, 2014
Jesse - Le Cafe Américain
Gold Daily and Silver Weekly Charts - Into the Storm: Sharknado II - Embracing the Con
Today was not unexpected.  Let me repeat.  I was not surprised.  The markets today were so boring, in the manner of a staged match in professional wrestling, that I actually broke down and watch a DVR'd copy of 'Sharknado II.'  It was absurd to the point of being clichéd and campy but without genuine laughs, just like the current US Congress. This was the 'wash and rinse' that was being written all over the charts. Stocks dropped about 2%, and gol
Friday, August 01, 2014
Jesse - Le Cafe Américain
NAV Premiums of Certain Precious Metal Trusts and Funds
"She is more precious than jewels, and nothing you desire can compare with her." Proverbs 3:15 As you may recall this proverb is about Wisdom.  But the pronoun is apt. My wife is on vacation with the girls at grandma's house in Georgia. So I am keeping things running without her.  A family without a father is a burden, but a home without a wife and a mother is just a house.  Fed Minutes at 2:00 PM. Otherwise just another lazy Summer day in the kleptocracy. The fundamental things apply, as
Wednesday, August 20, 2014
Chris Powell - GATA
Gene Arensberg: Heckle if you want, but be prepared for anything
Commercial traders classified as "swap dealers" have built extraordinary short positions in Comex gold and silver, the Got Gold Report's Gene Arensberg writes tonight, and despite what he considers the heckling by their friends, he continues to think they are very vulnerable to a short squeeze. Arensberg's commentary is headlined "Heckle If You Want, But Be Prepared for Anything" and it's posted at the GGR here: http://www.gotgoldreport.com/2014/08/heckle-if-you-want-but-be-prepared-...
Wednesday, August 20, 2014
Perth Mint Blog - Perth Mint Blog.
Unveiled â?? The 2015 Australian Bullion Coin Program
BULLION BARS AND COINS We’re delighted to present the designs for the 2015 Australian Gold and Silver Bullion Coin Program, scheduled for release between 1 September and 3 November 2014. (See below for full Release Schedule). Designs  â€¢ The 2015 Australian Kangaroo and Koala coins portray new interpretations of two famous native animals.  â€¢ The Kookaburra coin celebrates its 25th anniversary with the image portrayed on the original 1990 release.  â€¢ The Australian Lunar series marks the
Wednesday, August 13, 2014
James Turk - Goldmoney
Man Who Predicted Short Squeeze Says Silver To Skyrocket 
Today, the man who, with remarkable precision, predicted just 3 days ago that we would see this short squeeze in gold and silver told King World News that we may see the short squeeze accelerate and the price of silver may actually be set to double in just six weeks. Read the full interview at King World News.
Saturday, June 21, 2014
Chris Powell - GATA
U.S. gold reserve likely has been leased out, Grant Williams tells KWN
The U.S. gold reserve likely has been mobilized through leasing to suppress the gold price, Singapore fund manager Grant Williams tells King World News tonight, adding that eventually more nations that deposited their gold with the U.S. government will start asking for its return and it won't be available either. Williams' interview is excerpted at the KWN blog here: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/8/19_Sh...
Tuesday, August 19, 2014
Chris Powell - GATA
Mike Kosares: The gold owner's guide to the rest of 2014
Mike Kosares of Centennial Precious Metals in Denver titles his new essay "The Gold Owner's Guide to the Rest of 2014," but it likely will suffice for a few millennia after that -- recognition that people are human and fallible throughout the ages, that central banks are arrogant and not quite as omnipotent as they think, and that their interventions in the economy usually just make things worse: http://www.usagold.com/cpmforum/2014/07/31/the-gold-owners-guide-to-the-...
Friday, August 01, 2014
Chris Powell - GATA
Leeb finds Russia stronger than Europe; Williams says Asian central banks wll lift gold
Fund manager Stephen Leeb today tells King World News that Russia actually seems stronger economically right now than the whole euro zone: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/8/19_Ru... And Singapore fund manager Grant Williams tells KWN that gold's next rise will be stronger than its rise in the late 1970s because this time Asian central banks will be buying: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/8/19_Gr...
Wednesday, August 20, 2014
Chris Powell - GATA
Reuters: China allows 3 more banks, including Standard Chartered, to import gold
China has allowed three more banks, including a foreign lender, to import gold, sources with direct knowledge of the matter said, as the world's top gold buyer gears up for its strongest effort yet to gain pricing power of the metal. The move, which brings the number of firms allowed to import gold into China to 15, comes ahead of the launch in September of a new international bullion exchange in Shanghai with which China hopes to become a price-discovery centre. ... ... For the remainder of the
Tuesday, August 19, 2014
Julian D. W. Phillips - Gold Forecaster
Gold & Silver Market Morning
Gold Today – The gold price closed at $1,304.10 down $8.90 on Friday in New York. In Asia, gold prices pulled back to $1,300 ahead of the opening in London.The gold price was Fixed at $1,302.75 down $10.75 and in the euro at €972.928 down €7.15, while the euro was weaker at $1.3390. Ahead of New York’s opening, gold was trading at $1,301.70 and in the euro at €971.78.Silver Today – The silver price closed in New York at $19.62 down 30 cents. Ahead of New York’s opening it was trading at $19.60.G
Monday, August 18, 2014
James Turk - Goldmoney
Turk: Bursting Money Bubble Could Inflate Gold To $12,000
Founder of GoldMoney talks to Hard Assets Investor about his new book and the outlook for gold. Turk's 2004 book, "The Coming Collapse of the Dollar," recommended buying gold and betting against the housing bubble, which were two of the best investment ideas of the decade. His latest book is "The Money Bubble: What To Do Before It Pops." HAI Managing Editor Sumit Roy caught up with Turk to discuss his new book and what it means for the financial markets and gold. Read the full interview at Hard
Tuesday, July 08, 2014
Chris Powell - GATA
First Briton pleads guilty to Libor rigging
Paul Robson, a former trader at Rabobank, has become the first Briton to plead guilty to being part of the worldwide conspiracy to rig the Libor interest benchmark. The executive, who worked at the Dutch bank's London office, admitted before a New York court to one count of bank fraud and wire fraud, as part of a conspiracy that also involved the taxpayer-backed Lloyds Banking Group. The scheme, which was designed to boost profits at the companies involved, which affected mortgage rates and pens
Tuesday, August 19, 2014
Chris Powell - GATA
Banks wait on sidelines of new silver benchmark
http://www.ft.com/intl/cms/s/0/8bbf7968-217b-11e4-b145-00144feabdc0.html Build it and they will come. Or that is what participants in London's $1.6 trillion-a-year silver market will be hoping. There are just three trading days before the new, electronic replacement for the 117-year old silver fix goes live and there is still considerable uncertainty over who will be participating on Friday. Since there is no centralised clearing for precious metals markets, the initial users of the new benchm
Tuesday, August 12, 2014

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