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The issue which has swept down the centuries and which will have to be fought sooner or later is the banks
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Most read articles
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
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
Chris Powell - GATA
Could mobile phone recycling extend gold price suppression for years?
This week the BBC reported some details on a subject of which most gold investors may be generally aware: that mobile telephones typically contain a small amount of gold. Speculating on the prospects for recycling that gold, the BBC concluded that it probably would not accomplish much. "About 2,700 tonnes of gold are produced every year from mining -- about 7.4 tonnes per day," the BBC said. "To get that from mobile phones we'd need to recycle 300 million of them. And if we did that every day, t
Sunday, August 17, 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
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
London gold fix lawsuits to be consolidated in New York 
A federal judicial panel on Wednesday ordered that 18 lawsuits alleging a conspiracy to manipulate gold prices be consolidated into one proceeding in New York. The cases will be sent to U.S. District Judge Valerie Caproni in Manhattan, who has already been overseeing more than two dozen cases. The lawsuits name the multinational banks that make up the London Gold Market Fixing Ltd, the company operating the global gold price benchmark known as the 'fix.' ... ... For the remainder of the report:
Thursday, August 14, 2014
Jesse - Le Cafe Américain
Gold Daily and Silver Weekly Charts - Option Expiration Dipsy Doodle
Gold and silver were hit early in the trading session in a pretty obvious takedown Gold gained much of it back by the close. Silver not so much. There was a decent scare today as Ukraine announced that it had destroyed many trucks in a Russian armoured convoy. Russia denied that they had any military presence across that border. The truth will come out, eventually. Have a pleasant weekend.
Saturday, August 16, 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
Chris Powell - GATA
GoldCore: New LBMA silver price still not transparent
GoldCore's daily commentary today complains that the new silver pricing mechanism in London is not transparent and seems rushed and incomplete. The commentary is headlined "New LBMA Silver Price Still Not Transparent" and it's posted at GoldCore here: http://www.goldcore.com/goldcore_blog/new-lbma-silver-price-still-not-tr...
Friday, August 15, 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
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
Chris Powell - GATA
Koos Jansen: Silver scarce in Shanghai
Gold researcher and GATA consultant Koos Jansen reports tonight that silver is in backwardation in Shanghai, with metal for immediate delivery being more expensive than metal for future delivery with a premium of 8 percent: https://www.bullionstar.com/article/shanghai%20silver%20in%20backwardati...
Wednesday, August 13, 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
Putin says Russia should aim to sell energy in rubles
YALTA, Crimea -- President Vladimir Putin said on Thursday Russia should aim to sell its oil and gas for roubles globally because the dollar monopoly in energy trade was damaging Russia's economy. ... ... For the remainder of the story: http://uk.reuters.com/article/2014/08/14/ukraine-crisis-putin-dollar-idU...
Thursday, August 14, 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
Chris Powell - GATA
Koos Jansen: East Asia geared up for renminbi gold trading
Gold researcher and GATA consultant Koos Jansen reports today that offtake from the Shanghai Gold Exchange has been flat for four weeks. Meanwhile, Jansen writes, "China is developing its market infrastructure not only for physical gold trade but also to expand paper trading to steal pricing power from the dominant forces in the West and to promote the internationalization of the renminbi." His commentary is headlined "East Asia Geared up for RMB Gold Trading" and it's posted at Bullion Star her
Tuesday, August 19, 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
Gold Daily and Silver Weekly Charts - No Silver Money For Mexico, But Perhaps Gold For Eurasia
The amount of gold ounces stopped so far in August reached 478,800 the other day.  That is a sizable chunk of gold at the Comex warehouse.  But fortunately as you can see from the warehouse report, gold only enters, and rarely leaves.  Don't look at all that other precious metal flowing to Asia, probably never to return in our lifetimes.  I don't want to beat it to death, but I think you know that I hold the Comex  in rather low esteem as a market for price discovery.  On the surface it looks
Wednesday, August 13, 2014
Chris Powell - GATA
At Australian mint, history thwarts a golden opportunity
By Rhiannon Hoyle The Wall Street Journal Thursday, August 13, 2014 PERTH, Australia -- Greg Cooke knows where gold worth hundreds of thousands of dollars is hidden. But like many people in this mining city, his problem isn't finding the precious metal; it is being able to recover it. That's because the gold is in the form of dust that has accumulated in the brickwork of the old Perth Mint since its founding in the 1890s at the height of one of the world's great gold rushes. Decades of refining
Thursday, August 14, 2014
Chris Powell - GATA
Thai traders say spot gold exchange requires more study
http://www.bangkokpost.com/business/news/427460/traders-spot-gold-exchan... Despite a mutual agreement in principle between the market regulator and gold traders, a gold exchange will not start operating this year, gold traders say after a discussion yesterday. The seven dealers -- Globlex Holding Management, Classic Gold Futures, GT Gold Bullion, YLG Group, Ausiris, MTS Gold, and Hua Seng Heng Commoditas -- control 90 percent of the country's gold trading market in terms of both physical gold a
Tuesday, August 19, 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
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
Jesse - Le Cafe Américain
NAV Premiums of Certain Precious Metal Trusts and Funds - Psy Ops 
There were some minor adjustments to both of the Sprott Funds. Ukraine situation is getting quite a bit warmer.  The propaganda is flowing from both sides.  It is hard to get a straight story from anyone including the mainstream domestic US media. I have exited all non-bullion etf/fund/royalty stock positions, and am thinking of making a bet to the short side of a broad index of stocks if we see certain events next week. The sell off today seemed to surge around the European close as traders
Friday, August 15, 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
Chris Powell - GATA
  Gold demand in China slumps 52% as buying frenzy subsides, WGC says
Gold demand in China shrank in the second quarter as consumers in the biggest user bought fewer bars, coins, and jewelry amid a clampdown on corruption and as the buying spurred by last year's price slump wasn't sustained. Purchases in Asia's largest economy plunged 52 percent to 192.5 metric tons in the three months to June from a year earlier, contributing to a drop in global consumption, the London-based World Gold Council said in a report today. Every Asian economy tracked by the producer-f
Thursday, August 14, 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
Randgold CEO just shrugs as gold mining industry produces more metal at a loss
In the report appended here Randgold Resources CEO Mark Bristow complains to Bloomberg News today that the gold-mining industry is boosting supply to the market even while mining the metal at an increasing loss. Overlooking the gold mining industry's silence and the silence of its supposed trade association, the World Gold Council, in the face of the longstanding Western central bank policy of gold price suppression, Bristow seems not to understand even half the problem. Randgold shareholders m
Tuesday, August 19, 2014
Chris Powell - GATA
Economies are not improving, Barron and Celente tell King World News
Propaganda about improving economies is disinformation, mining entrepreneur and geologist Keith Barron tells King World News from Europe: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/8/14_It... From the United States, trends forecaster Gerald Celente comes to the same conclusion for KWN: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/8/13_Ge...
Thursday, August 14, 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
Chris Powell - GATA
Central banks aim to scare 'trend followers' away from gold, Turk tells KWN
Central banks trying to suppress the price of gold, GoldMoney founder and GATA consultant James Turk tells King World News today, are most afraid that "trend followers" will jump into the market and suppression tactics are aimed at scaring them out. Turk's interview is excerpted at the KWN blog here: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/8/18_Tu...
Tuesday, August 19, 2014
Chris Powell - GATA
  Alasdair Macleod: No escape from the dollar as the currency standard
Developing countries may be able to trade with each other without the U.S. dollar but so many dollars are floating around the world and constituting so much of central bank reserves that there may be no getting away from the dollar standard without crashing the world financial system. That's the argument today of GoldMoney research director Alasdair Macleod, whose commentary, headlined "No Escape from the Dollar as the Currency Standard," is posted at GoldMoney here: http://www.goldmoney.com/re
Friday, August 15, 2014
Jesse - Le Cafe Américain
Gold Daily and Silver Weekly Charts - Cap, Cap, Cap
If I were of a mind to discredit the precious metals, I would not continually suppress the price. For one thing, this is not practical, since the lower the price goes the more strain it can  by incenting those who are not buying the story to buy even more of the metal. Rather, once I got the price down to a level with which I was comfortable for the management of perception purposes, I would inject all sorts of uncorrelated and meaningless volatility into the market, both up and down. N
Wednesday, August 20, 2014
Jesse - Le Cafe Américain
SP 500 and NDX Futures Daily Charts - Don't Know When It's Coming, But It's On Its Way
Stocks chopped sideways today, as the news was of little consequence.  And since none of the ongoing wars intruded into the headlines further than a celebrity death, all was ok if not good. As you may have heard, junk bond funds just experienced a six sigma event. That means that it was not just your usual walk in the park. The pros were quick to dismiss it as retail, read uninformed, selling. "High-yield bond mutual funds saw outflows total an eye-popping $7.1 billion last week. "HY flowmag
Wednesday, August 13, 2014
Jesse - Le Cafe Américain
US Minimum Wage Compared to Other Countries
I think we can stipulate that these charts do not compare US minimum wages to some of the worst sweatshops of Asia and the Southern hemisphere. These charts are from Tim Taylor at the Conversable Economist. I am sure people will draw from them whatever they wish to support their own policy biases and pre-conclusions. But the one thing we need to internalize is that the US is all about setting policies and enforcing laws to create and maintain a working underclass as a vulnerable food source f
Tuesday, August 19, 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
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
Jesse - Le Cafe Américain
Gold Daily and Silver Weekly Charts - Take Your Stinking Paws Off Our Monetary Metals
It was capping time again, as gold and silver continued to chop sideways within a narrow trading range.  Ordinarily I would think they were coiling for a move higher, but these days gold and silver seem correlated to nothing but some fairly heavy handed price manipulation in New York and London. Stocks drifted higher on bad economic news, moving like a stumbling herd of zombies in The Walking Dead. Bear in mind that tomorrow is a stock market option expiration, and the games were b
Friday, August 15, 2014
Julian D. W. Phillips - Gold Forecaster
Gold & Silver Market Morning 
Gold Today – The gold price closed at $1,313.00 up $1.40 on Thursday in New York. In Asia, gold prices rose slightly to $1,314.4 ahead of the opening in London.The gold price was Fixed at $1,313.50 down $1.50 and in the euro at €980.078 down €1.778, while the euro was stronger at $1.34.02. Ahead of New York’s opening, gold was trading at $1,312.40 and in the euro at €981.31. Silver Today – The silver price closed in New York at $19.92 up 8 cents. Ahead of New York’s opening it was trading at $19
Friday, August 15, 2014
Chris Powell - GATA
This is what gold price suppression does to the environment in Peru and elsewhere
* * * Getting the Gold Story in Peru, and Getting Out By Nick Miroff Washington Post Monday, August 18, 2014 http://www.washingtonpost.com/blogs/worldviews/wp/2014/08/18/dispatch-ge... Just about everyone we met in Madre de Dios, Peru, told us to stay away from the mining camps. Even at the lunch café where we stopped after arriving in Peru's southeastern Amazon region, the family at the next table over looked deeply worried when we asked for directions. "Very dangerous," they said. "A lot of ba
Tuesday, August 19, 2014
Chris Powell - GATA
Gold price suppression covered in USA Watchdog's interview of 'Turd Ferguson'
Greg Hunter of USA Watchdog has interviewed TF Metals Report proprietor Turd Ferguson, also known as Craig Hemke, in a 22-minute discussion that covers gold price suppression and can be viewed at the TF Metals Report here: http://www.tfmetalsreport.com/blog/6040/turd-greg-hunter-usa-watchdog
Monday, August 18, 2014
Chris Powell - GATA
Silver price going electronic in quest for transparency
http://www.bloomberg.com/news/2014-08-14/silver-price-going-electronic-i... LONDON -- The silver-pricing method begun during the reign of Queen Victoria ends today in London as the $5 trillion market shifts to a more transparent process and regulators expand scrutiny of how commodity benchmarks are set. An electronic, auction-based mechanism will replace a ritualized negotiation among a few traders that's been in place for 117 years. Silver becomes the first of the precious-metals markets to dit
Thursday, August 14, 2014
Jesse - Le Cafe Américain
Gold Daily and Silver Weekly Charts - Lies, Damn Lies, and the Irresponsibility of the Status Quo 
"We run carelessly to the precipice after we have put up a façade to prevent ourselves from seeing it.” Blaise Pascal Gold was under some pressure, with silver capped. The market decided that since shooting had not broken out in the Ukraine that all is well and it was time to bulk up on the risk trade, albeit with low volumes. This is a very cynical, Fed-fueled market. The lies are flying thick and fast if you are following any of these geo-political events. Have a pleasant evening.
Tuesday, August 19, 2014
Chris Powell - GATA
U.S. doesn't really still have the gold it leased, Kaye tells KWN
Hong Kong fund manager William Kaye, apparently replying to recent comments by fund manager and geopolitical analyst James G. Rickards -- http://www.gata.org/node/14317 -- today tells King World News that he doesn't believe that the U.S. government still has custody of the gold it has leased into the market. Rather, Kaye says, the gold has been shipped largely to Asia. An excerpt from his interview is posted at the KWN blog here: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/8
Monday, August 18, 2014
Chris Powell - GATA
In Vietnam, gold sales are down but premiums are up
From Thanh Nien News Ho Chi Minh City, Vietnam Monday, August 18, 2014 http://www.thanhniennews.com/business/gold-loses-shine-in-vietnam-as-ret... Gold purchases by retail customers in Vietnam, the world's seventh-largest gold consumer, fell 42 percent year-on-year to 19.3 tons in the April-June quarter, according to the latest World Gold Council report. Gold bar sales dropped to 16.5 tons, down 45 percent from the second quarter of 2013 while jewelry purchases hit 2.8 tons, down 17 percent. V
Monday, August 18, 2014
Chris Powell - GATA
Euro-zone economy grinds to halt even before Russia sanctions bite
Euro-zone economic growth ground to a halt in the second quarter as Germany's economy shrank and France's stagnated. The zero growth, reported today by statistics agency Eurostat, was cause for alarm throughout the 18-nation region, which is already bracing for the impact of sanctions imposed on and by Russia over Ukraine. Germany, Europe's largest economy, contracted by 0.2 percent in the quarter, undercutting Bundesbank forecasts that gross domestic product would be unchanged. Foreign trade an
Thursday, August 14, 2014
Chris Powell - GATA
GATA Chairman Murphy to speak at Toronto conference Sept. 25-26
GATA Chairman Bill Murphy will speak at Cambridge House's Canadian Investor Conference in Toronto on Thursday and Friday, September 25 and 26, joining GATA favorites including Grant Williams of Vulpes Investment Management in Singapore, editor of the "Things That Make You Go Hmmm. ..." letter, Thom Calandra of The Calandra Report, and Midas Letter editor James West. The conference will cover not only the resource development sector but also technology and diversified investment opportunities. It
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
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
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 - Silver Money For Mexico, Gold For Eurasia
The amount of gold ounces stopped so far in August reached 478,800 the other day.  That is a sizable chunk of gold at the Comex warehouse.  But fortunately as you can see from the warehouse report, gold only enters, and rarely leaves.  Don't look at all that other precious metal flowing to Asia, probably never to return in our lifetimes.  I don't want to beat it to death, but I think you know that I hold the Comex  in rather low esteem as a market for price discovery.  On the surface it looks
Wednesday, August 13, 2014
Chris Powell - GATA
Silver is the key to the monetary metals market, Kaye tells KWN
Hong Kong fund manager William Kaye today tells King World News that silver is the key to the monetary metals market. "Trading in the paper market for silver doesn't reflect the fundamentals at all," Kaye says. "This is reflected, among other things, in very significant premiums in Shanghai and other places. So this is not a sustainable situation and it has to be addressed in some way. "I think for the people who are primarily long gold, and that would include us, this bodes very well because we
Wednesday, August 13, 2014
Chris Powell - GATA
TF Metals Report: Just a coincidence
The TF Metals Report's Turd Ferguson marvels at the credulity and lack of curiosity displayed by the regular analysts at CNBC as the U.S. stock market rises steadily for three years while the planet and its economies crumble. His commentary is headlined "Just a Coincidence" and it's posted at the TF Metals Report here: http://www.tfmetalsreport.com/blog/6050/just-coincidence
Thursday, August 21, 2014
Jesse - Le Cafe Américain
SP 500 and NDX Futures Daily Charts - Life Imitates the
Stocks managed to build on their rally, despite some particularly ugly macroeconomic news this morning. I seem to recall saying that it is hard to be too cynical about this market. It is running on low volume and algorithms that are largely focused on the short term technicals. It is going to take something of significance to shake Wall Street out of its narcissistic love affair with itself. Today President Obama announced that he is relaxing the restrictions against lobbyists direct
Friday, August 15, 2014
Jesse - Le Cafe Américain
Gold Daily and Silver Weekly Charts - Cap, Cap, Cappity Cap 
It was silver's turn in the barrel, as gold held its ground a little better.  Silver was under modest pressure throughout the NY trading day.  As you know this is an 'active month' for gold and an off month for silver in New York. Nothing meaningful happened on the Comex delivery front or in the warehouses yesterday.  Active month-wise. Why waste words?   Just another day with the Flim Flam man.    We have the illusion of calm and efficient markets. Have a pleasant evening.
Thursday, August 14, 2014
Jesse - Le Cafe Américain
SP 500 and NDX Futures Daily Charts -
Stocks managed to build on their rally, despite some particularly ugly macroeconomic news this morning. I seem to recall saying that it is hard to be too cynical about this market. It is running on low volume and algorithms that are largely focused on the short term technicals. It is going to take something of significance to shake Wall Street out of its narcissistic love affair with itself. Today President Obama announced t
Friday, August 15, 2014
Chris Powell - GATA
China's fourth gold ETF raises about $50 million
SINGAPORE -- Bosera Funds has raised $50 million for China's fourth gold-backed exchange-traded fund that it aims to launch soon, at a time when investment demand for the precious metal has been sluggish in the world's biggest bullion consumer. The fund, called Bo Gold ETF, raised 292.2 million yuan ($47.5 million), in line with internal expectations, according to an emailed statement sent by Bosera to Reuters. An exact launch date is yet to be finalised but the ETF could start trading as soon a
Friday, August 15, 2014
Chris Powell - GATA
Bloomberg notes that India's gold import limits are currency market intervention
Bloomberg News acknowledges offhandedly today that by restricting the import of gold into the country India's government intends intervention in the currency market, supporting the rupee. Maybe in another few decades Bloomberg will get around to noting the involvement of other central banks in the gold market for currency-support purposes. The Bloomberg story is headlined "India Gold Imports Seen Dropping as Rajan Protects Rupee" and it can be found here: http://www.bloomberg.com/news/2014-08-
Wednesday, August 13, 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
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
Koos Jansen: Global gold trade declines in the first half of 2014
Western gold exports to China were down in the first half of this year but the long-term upward trend continues, gold researcher and GATA consultant Koos Jansen reports today. His commentary is headlined "Global Gold Trade Declines in H1 2014" and it's posted at Bullion Star here: https://www.bullionstar.com/article/global%20gold%20trade%20overview%20h...
Monday, August 18, 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
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
On CNBC Asia, GATA secretary cites growing documentation of gold price suppression
Your secretary/treasurer was interviewed via satellite by CNBC Asia's Bernie Lo for about seven minutes this morning Hong Kong time and the better four of them have made it to the CNBC archive, wherein we discuss the growing documentation of gold price suppression by central banks, the refusal of mainstream financial news organizations (cited by name) to touch the issue, and the likelihood that "financial repression" by central banks will intensify if interest rates are allowed to rise. The segm
Thursday, August 14, 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
Julian D. W. Phillips - Gold Forecaster
Gold & Silver Market Morning
Gold Today – The gold price closed at $1,311.60 up $2.10 on Wednesday in New York. In Asia, gold prices rose slightly to $1,312 ahead of the opening in London.The gold price was Fixed at $1,315.00 up $4.00 and in the euro at €981.856 up €1.438, while the euro was stronger at $1.3393. Ahead of New York’s opening, gold was trading at $1,315.40 and in the euro at €983.48.Silver Today – The silver price closed in New York at $19.84 down 20 cents. Ahead of New York’s opening it was trading at $19.93.
Thursday, August 14, 2014
Jesse - Le Cafe Américain
A Bond Paid For and Denominated In Gold: A Rhyme From the Past
I don't think that we have seen such a thing since the gold bonds issued in the US, which went the way of the twenty dollar gold piece in the early part of the 20th century. There is a Bloomberg story on this today that is not generally available so I do not have a link as yet. It will be added as it becomes available.  An astute reader sent it my way. Here is a link to the actual bond announcement on the JSE site. As you may recall, South Africa puts the 'S' in BRICS. Most Americans will st
Friday, August 22, 2014
Chris Powell - GATA
No interest rate rise in UK this year as Bank of England slashes wage growth forecast
The Bank of England's interest rates are set to stay at their historic lows until next year, after the central bank signalled that it does not expect to see strong growth in earnings. As data released showed that average earnings have fallen for the first time in five years, the bank has made large downward revisions to its forecasts. Its forecast for annual earnings growth in the last quarter of this year has been halved from from 2.5 to 1.25 percent. ... For the remainder of the story: http:/
Wednesday, August 13, 2014
Chris Powell - GATA
AngloGold to discontinue London listing to cut costs
http://www.ft.com/intl/fastft The cost-cutting in the gold mining industry has reached London. AngloGold Ashanti, Africa's gold miner, said it intends to cancel the listing of its shares on the London Stock Exchange to cut costs. Gold miners have been squeezing costs to cope with a decline in the price of the yellow metal, which has dropped 32 percent since touching $1,900 in September 2011. AngloGold says the bulk of the trading of its shares is on the Johannesburg Stock Exchange and the New Yo
Monday, August 18, 2014
Julian D. W. Phillips - Gold Forecaster
Gold & Silver Market Morning
Gold Today – The gold price closed at $1,309.70 up 60 cents on Tuesday in New York. In Asia on Tuesday gold prices eased slightly to $1,307.50 ahead of the opening in London. The euro began to fall again and stood at $1.3368.The gold price was Fixed at $1,309.25 down $1.75 and in the euro at €980.418 down €2.341, while the euro was at $1.3354. Ahead of New York’s opening, gold was trading at $1,308.90 and in the euro at €979.46.Silver Today – The silver price closed in New York at $20.04 up 7 ce
Wednesday, August 13, 2014
Julian D. W. Phillips - Gold Forecaster
Gold & Silver Market Morning 
Gold Today – The gold price closed at $1,288.10 down $5.20 in New York. In Asia and early London, prices recovered to $1,292 as the euro fell back to $1.3370 from $1.3394.The gold price was Fixed at $1,288.50 down $4.25 and in the euro at €964.266 down €o.761, while the euro was weaker at $1.3362. Ahead of New York’s opening, gold was trading at $1,289.40 and in the euro at €965.37.Silver Today – The silver price closed in New York at $19.81 down a heavy 53 cents. Ahead of New York’s opening it
Wednesday, August 06, 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
Julian D. W. Phillips - Gold Forecaster
Gold & Silver Market Morning
Gold Today – The gold price closed at $1,298.90 down $5.20 on Monday’s level in New York. In Asia and early London, gold prices hugged the $1,300 level. The gold price was Fixed at $1,300.25 down $2.50 and in the euro at €973.251 up €0.323, while the euro was weaker at $1.3360. Ahead of New York’s opening, gold was trading at $1,300.50 and in the euro at €974.12.Silver Today – The silver price closed in New York at $19.68 up 6 cents. Ahead of New York’s opening it was trading at $19.67.Gold (ver
Tuesday, August 19, 2014
Chris Powell - GATA
Grant Williams: Thinker, trader, holder. Why?
In the new edition of his "Thngs That Make You Go Hmmm. ..." letter, Singapore fund manager Grant Williams suggests that Asian central bank demand will be decisive for the gold price eventually, and he extensively praises gold researcher and GATA consultant Koos Jansen for calculating Chinese gold demand better than anyone else. Williams writes: "If you really want to understand what the reality might very well be, then from time to time you need to take a little leap of imagination when conside
Tuesday, August 19, 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
Chris Powell - GATA
At KWN, Von Greyerz warns of bail-ins, exchange controls, counterfeit gold
Interviewed by King World News, Swiss gold fund manager Egon von Greyerz warns of bank bail-ins, exchange controls, and counterfeit gold bars: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/7/17_Ex...
Friday, July 18, 2014
Jesse - Le Cafe Américain
SP 500 and NDX Futures Daily Charts - Life Imitates High School
Stocks managed to build on their rally, despite some particularly ugly macroeconomic news this morning. I seem to recall saying that it is hard to be too cynical about this market. It is running on low volume and algorithms that are largely focused on the short term technicals. It is going to take something of significance to shake Wall Street out of its narcissistic love affair with itself. As a reminder, tomorrow is an option expiration for stocks. Have a pleasant evening.
Thursday, August 14, 2014
Jesse - Le Cafe Américain
SP 500 and NDX Futures Daily Charts - Fearless
As long as nothing has gone wrong in the last 24 hours the bulls are almost fearless in these low volume, highly technically traded markets. I feel as those my skeptical cynicism of this stock market has been vindicated. lol Have a pleasant evening.
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
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
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
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
CME, Thomson Reuters win competition to replace century-old silver benchmark
By Clara Denina and Jan Harvey Reuters Friday, July 11, 2014 LONDON -- CME Group and Thomson Reuters will operate an electronic silver benchmark when the 117-year-old "fix" is disbanded in August, in a move widely seen preceding sweeping reforms of precious metals price-setting. The London Bullion Market Association said in a statement on Friday that CME Group will provide a price platform and methodology for the daily process, while Thomson Reuters is responsible for administration and governan
Friday, July 11, 2014
Chris Powell - GATA
Central banks and gold: New Orleans conference may disclose a lot
Something unprecedented is scheduled to happen at the New Orleans Investment Conference in October: a former central banker -- the most famous in the world, Alan Greenspan -- has agreed not just to speak but to take questions from the audience about gold. Of course there's no guarantee that Greenspan's answers will be truthful and candid. But even his evasions or refusals to answer candidly may disclose a lot. GATA Chairman Bill Murphy and your secretary/treasurer will be among the speakers at t
Tuesday, July 01, 2014
Chris Powell - GATA
The next gold pool collapse will be far more astounding than the last
In the second part of his interview this week with King World News, your secretary/treasurer speculates that someday the gold available to bullion banks and Western central banks for price suppression will run out, as it did upon the collapse of the London Gold Pool in 1968, and that the consquences will far more astounding because of the huge amount of unbacked certificate gold outstanding this time. An excerpt from the interview is posted at the KWN blog here: http://kingworldnews.com/kingworl
Friday, June 27, 2014
Andy Hoffman - Miles Franklin
The Comex Is Dead, Long Live The Comex
Andy Hoffman joins Kerry Lutz of the Financial Survival Network to discuss why gold surged last Thursday, Iraq, Shanghai gold exchange, Baltic Dry Index down to near all time low, U.S. food inflation soaring, highest gas prices, gold and silver. To download the audio, please click on the link below: Andrew Hoffman – The Comex Is Dead, Long Live The Comex
Tuesday, June 24, 2014
Chris Powell - GATA
JPMorgan joins Goldman in designing derivatives for a new generation
http://www.bloomberg.com/news/2014-08-12/swaps-reincarnate-boosting-debt... Derivatives that helped inflate the 2007 credit bubble are being remade for a new generation. JPMorgan Chase & Co. is offering a swap contract tied to a speculative-grade loan index that makes it easier for investors to wager on the debt. Goldman Sachs Group Inc. is planning as much as 10 billion euros ($13.4 billion) of structured investments that bundle debt into top-rated securities, while ProShares last week started
Tuesday, August 12, 2014
Chris Powell - GATA
Yellen tells magazine Fed's easy money will be needed even after recovery
By Jonathan Spicer Reuters Monday, July 14, 2014 The Federal Reserve will still need to deliver "unusually accommodative" monetary policy even once the U.S. economy returns to "where we want it to be," Fed Chair Janet Yellen was quoted as saying in a magazine article. The New Yorker, which interviewed Yellen three times in the last few months, in its July 21 issue quoted her as saying the economy still faced headwinds. "And so even when the headwinds have diminished to the point where the econom
Tuesday, July 15, 2014
Jesse - Le Cafe Américain
SP 500 and NDX Futures Daily Charts - Ho Hum
Earnings and geopolitical events continued to drive the US markets this week. As for geopolitical events, since nothing blew up within the last 24 hours, the markets pretty much forgot about them, including plague, wars, and rumours of war. As for earnings, they are mediocre, and stocks gave back some of their gains today on that disappointment. Next week ought to be action packed. I will discuss that further in tonight's metals commentary. Have a great weekend.
Saturday, July 26, 2014
Jesse - Le Cafe Américain
Gold Daily and Silver Weekly Charts - The Emperor Wears Nada
Gold and silver pulled back a bit today after an exceptionally good week.  They were higher most of yesterday evening, if one could distract themselves from the season finale of Game of Thrones.  I really need to go back and reread the first five books of the series.  I remember the highlights, but keep forgetting some of the details.  Its been about five years since I read them.  And Lord knows when G. R. R. Martin will get around to finishing volumes six and seven.  Martin is a great story
Tuesday, June 17, 2014
Chris Powell - GATA
Financial Times deleted gold manipulation story because it was too 'sensitive'
With great persistence and a little encouragement from GATA our friend R.B. in Britain has more or less solved the mystery of the Financial Times' quick deletion from its Internet site of its February 24 report about gold market manipulation, "Fears Over Gold Price Rigging Put Investors on Alert; German and UK Regulators Investigate." The report has been preserved at GATA's Internet site here -- http://www.gata.org/node/13681 -- and at Zero Hedge's here: http://www.zerohedge.com/news/2014-02-25/
Monday, July 28, 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
Jansen, Suchecki note unreliability of gold data
European and British gold export data isn't reliable, gold researcher and GATA consultant Koos Jansen painstakingly explains today in commentary posted at Bullion Star: https://www.bullionstar.com/article/hmrc%20and%20eurostat%20alter%20hist... And the Perth Mint's Bron Suchecki makes a similar observation in regard to Comex gold data: http://goldchat.blogspot.com/2014/08/jpms-18-tonne-comex-fat-finger.html Suchecki concludes: "It makes you wonder if the whole gold industry is held together with
Monday, August 11, 2014
Julian D. W. Phillips - Gold Forecaster
Gold & Silver Market Morning
Gold Today – The gold price closed at $1,309.10 down $2.30 cents on Monday in New York. In Asia on Tuesday gold prices eased slightly to $1,307.50 ahead of the opening in London. The euro began to fall again and stood at $1.3368.The gold price was Fixed at $1,311.00 up $2.75 and in the euro at €982.759 up €5.432, while the euro was weaker at $1.334. Ahead of New York’s opening, gold was trading at $1,311.80 and in the euro at €983.43.Silver Today – The silver price closed in New York at $20.04 u
Tuesday, August 12, 2014
Jesse - Le Cafe Américain
Gold Daily and Silver Weekly Charts - The Ukraine Did It? and RIP Robin Williams:
“La commedia è finite."  [The comedy is ended.] Ruggero Leoncavallo Gold and silver were pretty much capped today as stocks rallied on the hopes that nothing bad will happen in Iraq, Gaza, West Africa, and the Ukraine.  The miners seemed to gain a little lift, but really there is not much that happened that is worth wasting words. As of Fri
Tuesday, August 12, 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
Perth Mint Blog - Perth Mint Blog.
Monthly Sales â?? July 2014
STATISTICS Total ounces of gold and silver sold by The Perth Mint in July 2014 as coins and minted bars.  - Gold (Au): 25,103  - Silver (Ag): 577,988
Monday, August 04, 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
Chris Powell - GATA
Gene Arensberg: Comex swap dealers hedging a massive long play on silver? 
Some really big money has just taken a huge long position in silver, the Got Gold Report's Gene Arensberg writes tonight as he analyzes futures market trader positioning data. Arensberg says the positioning looks like what happened when gold blasted off at the end of 2010. His commentary is headlined "Comex Swap Dealers Hedging a Massive Long Play on Silver?" and it's posted at the Got Gold Report here: http://www.gotgoldreport.com/2014/07/comex-swap-dealers-hedging-a-massiv...
Monday, July 28, 2014
Perth Mint Blog - Perth Mint Blog.
Comparing Kookaburra Coins By Size
BULLION BARS AND COINS Silver stacker Sam A shares some interesting thoughts on 1oz versus 1 kilo Kookaburra silver coins. He's a fan of both – but for different reasons.
Monday, August 04, 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

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