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| RATIOS & INDEXES |
| Gold / Silver | 63.05 |
| Gold / Oil | 14.02 |
| Dowjones / Gold | 11.43 |
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 | Articles related to Precious Metals |  |
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 | Dan Dontrose - The Fundamental View |
 My Challenge To “Whistleblower” Andrew Maguire  |
| Readers of my blog have known for quite some time now that I grew increasingly agitated with the charlatans pumping the gold and silver price suppression memes over two years ago and have been quite vocal about it on many occasions. I want to be clear about this point before I continue. My beef isn’t with people who buy gold and silver or who feel that a portion of their portfolio should be devoted to gold or silver ownership. My beef isn’t with people that make well thought out arguments forSaturday, May 18, 2013 |
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 | Jesse - Le Café Américain |
| Paper Gold, Metal Gold - When Worlds Diverge |
| "Price discovery is not a sexy function of markets, but it is critical to the efficient allocation of scarce capital and resources, and to the preservation of the long term wealth of investors and the economy as a whole. If price discovery is compromised by manipulation, then we will all be gradually impoverished and the economy will be imbalanced and unstable."
London Banker, Lies, Damn Lies, and Libor
There are a number of ways to account for it, but this divergence between 'market prices' aSaturday, May 18, 2013 |
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 | Przemyslaw Radomski CFA - SunshineProfits |
| Bullish Picture for the USD and Stocks and Its Implications for Gold and Silver |
| The latest World Gold Council Gold Demand Trends report shows that the gold market is driven by diverse global demand, and the appetite for owning gold jewelry, bars and coins continues to grow.
“The price drop in April, fuelled by non-physical moves in the market, proved to be the catalyst for a surge of buying that has left many retailers short of stock and refineries introducing waiting lists for deliveries,” said Marcus Grubb, Managing Director of Investment at the World Gold Council. “WhatSaturday, May 18, 2013 |
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 | Deepcaster |
| Biggest Bubble About to Burst |
| "Nothing is normal: not the economy, not the financial system, not the financial markets and not the political system. The system remains still in the throes and aftershocks of the 2008 panic and the near-systemic collapse, and from the ongoing responses to same by the Federal Reserve and federal government. Further panic is possible and hyperinflation is inevitable. "The economic and systemic solvency crises of the last eight years continue. There never was an actual recovery following tSaturday, May 18, 2013 |
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 | Ranting Andy - Miles Franklin |
| Getting ‘Rich’ Or Avoiding Poverty? |
| Read the Wednesday After Wrap-Up for 5/15/2013 and the Thursday Morning Commentary for 5/16/2013
Watching the Silver Circlemovie, a key theme I have long written of was in full focus; as Pasha Roberts depicted what a hyperinflationary 2019 America might look like. That is, that PHYSICAL gold and silver are not purchased to “get rich”; but instead, to insure against the inevitable destruction of fiat currencies…
Research Shows ALL Paper Money Systems Failed
This is because the “HOLY GRAIL OF THEThursday, May 16, 2013 |
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| Ben Traynor - Bullion Vault |
| Precious Metals Hit 3-Week Lows, ETFs "Could Sell Another 250 Tonnes of Gold" |
| London Gold Market ReportWHOLESALE gold bullion prices fell to three week lows around $1410 an ounce Wednesday, as European stock markets ticked higher, reversing earlier losses following disappointing Eurozone growth data.Gold in Euros fell as low as ?1094 an ounce, while gold in Sterling fell below £930 an ounce."Gold spot is approaching the support [level] of $1403 [an ounce]," say technical analysts at Societe Generale."There is no significant level of support between here and the low from AWednesday, May 15, 2013 |
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 | Mike Maloney - Goldsilver |
 U.S. Congress Seeks to Replace the Base Metal of Most American Coins With Steel  |
| A measure introduced in the U.S. Congress seeks to replace the base metal of most American coins with steel. The move would slash the nickel and copper content of U.S. coins to a fraction of today’s already reduced levels. Like past changes in metal content, the bill represents a logical continuation of currency debasement and calls into question the strength of U.S. fiat currency—yet another sign of the decline of the global monetary system.
Congressman Steve Stivers (R-OH) introduced the bilWednesday, May 15, 2013 |
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 | Mark O'Byrne - gold.ie |
| European Union Likely to ‘Bail In’ Large Depositors |
| Today’s AM fix was USD 1,436.50, EUR 1,103.47 and GBP 938.15 per ounce.
Yesterday’s AM fix was USD 1,429.75, EUR 1,102.52 and GBP 931.19 per ounce.
Cross Currency Table – (Bloomberg)
Gold fell $11.90 or -0.82% yesterday to $1,431.40/oz and silver finished -0.8%.
The European Union will today meet to discuss and move forward the proposal to ‘bail-in’ depositors with savings of over €100,000 as part of future bank wind-downs. It now looks likely that the EU is going to take unprecedented stepTuesday, May 14, 2013 |
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| Przemyslaw Radomski CFA - SunshineProfits |
| Is Crude Oil Ready For A Breakout And Would It Help Gold? |
| Jim Rogers recently said in an interview to Morningstar, that he is not disturbed by the recent tumble in gold prices.
“Gold had gone up 12 years in a row, without a down year, which is extremely unusual in any asset. Equally important, gold has only had one 30% correction in 12 years. Again, that is extremely unusual. Most things correct 30-40% every year or two. So the action in gold has been very unique and gold needed a correction. The main thing that caused it, as far as I am concerned, waTuesday, May 14, 2013 |
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 | Warren Bevan - Precious Metals Stock Review |
| Stocks Soar, Metals Lag |
| While the precious metals didn't fare so well this past week, many super moves in stocks did occur making it another just fantastic week for us.We're on a huge roll here and I'd like to see it continue but that is up to the market, not me.All we can do is stay in buy the dips and breakouts mode until it stops working.The force is strong with this market now and we must stay with it but that can change quickly and it's as important to be able to recognize a change as it is to know what to do.We wTuesday, May 14, 2013 |
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| Mike Maloney - Goldsilver |
| China's Gold Blitz of 2013 |
| As the paper gold price continues its choppy consolidation, after gaining a following and an initial sharp decline in mid-April, the world’s attention is now focused on Chinese and Indian demand for gold, “which between them is absorbing an all non-Asian mine supply….
“Chinese net purchases of gold totaled 320.54 metric tons (mt) in first quarter 2013.” This “Gold Blitz” of 2013 reflects an increasing confidence in precious metals over paper currencies. Many of the world’s countries have experTuesday, May 14, 2013 |
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 | Captain Hook - Treasure Chest |
| Battlefield Earth |
| No, this has nothing to do with the sci-fi movie. It has everything to do with real life however; life closer to home, because we are living in an increasingly hostile environment characterized by both increasingly difficult and dangerous times. The wars - wars on multiple levels - are coming closer and closer to home every day. And slowly but surely - one by one - increasing numbers of people are beginning to see it because it's starting to materially affect their lives. They are coming to theMonday, May 13, 2013 |
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| Ben Traynor - Bullion Vault |
| Precious Metals Fall as US Dollar Holds Gains, India's New Import Restrictions "Could Cut Gold Impor |
| London Gold Market ReportSPOT MARKET gold bullion prices fell to $1430 an ounce Monday, 1.2% down on where they ended last week, as stock markets also fell and the US Dollar held onto most of its gains from last week.Silver fell to $23.70 an ounce - 0.8% down on last week's close - as other commodities also fell, with the exception of copper.India's central bank meantime confirmed proposed restrictions on gold imports that one refiner said could lead to gold imports falling by half this year.SinMonday, May 13, 2013 |
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| Mark O'Byrne - gold.ie |
| China’s Consumption of Gold and Acquisition of Gold Mines Continues |
| Today’s AM fix was USD 1,429.75, EUR 1,102.52 and GBP 931.19 per ounce.
Friday’s AM fix was USD 1,449.25, EUR 1,114.12 and GBP 941.62 per ounce.
Cross Currency Table – (Bloomberg)
Gold fell $12.90 or -0.89% on Friday to $1,443.30/oz and silver finished with a gain of 0.42%. Gold and silver both traded down for the week at -1.76% and -1.25%.
The downward pressure on the gold price emanated from Comex where gold futures were off 1.9%.
Driving the sentiment was the report that U.S. jobless benMonday, May 13, 2013 |
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