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PRECIOUS METALS (US $)
Gold 1386.20-1.40
Silver 22.36-0.14
Platinum 1447.50-10.00
Palladium 724.00-11.00
WORLD MARKETS
DOWJONES 1530312
NASDAQ 34590
NIKKEI 14612128
ASX 4964-77
CAC 40 3957-10
DAX 8305-47
HUI 255-3
XAU 97-3
CURRENCIES (€)
AUS $ 1.3402
CAN $ 1.3332
US $ 1.2932
GBP (£) 0.8548
Sw Fr 1.2430
YEN 130.7400
CURRENCIES ($)
AUS $ 1.0339
CAN $ 1.0320
Euro 0.7733
GBP (£) 0.6612
Sw Fr 0.9607
YEN 101.0500
RATIOS & INDEXES
Gold / Silver61.99
Gold / Oil14.77
Dowjones / Gold11.04
COMMODITIES
Copper 3.29-0.01
WTI Oil 93.87-0.38
Nat. Gas 4.22-0.04
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Articles related to Ben Bernanke
 
Bullion Vault
Bullion Rallies Despite "Losing US Fed Prop" as Stock Markets Sink on Weak China Data
BOTH gold and silver rose in Asian and London trade Thursday morning,defying a sharp slide in global stock markets to gain 3.0% rally fromyesterday's sharp sell-off. Commodity prices fell as major governmentbonds rose but weaker Eurozone debt slipped, pushing interest rates higher. Tokyo's Nikkei index - up by 85% fromNovember- dumped more than 7% after new data showed a surprise contraction inChina's manufacturing sector. Private "retail" investors have"abducted" the Japanese stock market, acco
Thursday, May 23, 2013
Julian D. W. Phillips - Gold Forecaster
Gold & Silver Market Morning: May 23, 2013
Gold Today - The gold price consolidation is becoming a fierce battle below $1,400 with New York closing around $1,367. But in Asia and particularly London the gold price was lifted above $1,393 to Fix in London's morning at $1,386.00 up $0.75 on yesterday's Fixing and in the euro at ?1,074.919 up ?5.5, while the euro was slightly changed at ?1: $1.2894 down 36 cents against the U.S. dollar.Ahead of New York's opening it stood at $1,389.00 and in the euro at ?1,077.87. Silver Today - Silver clos
Thursday, May 23, 2013
Przemyslaw Radomski CFA - SunshineProfits
Gold Corrected on Weeks of Misconception
Yesterday was a particularly volatile and interesting day on the precious metals market. The sector moved slightly higher, then it soared, stayed high for several minutes and crashed. Stocks did more or less the same and the USD Index did the opposite. The likely reason? Comments from Ben Bernanke who said the Fed could decide to scale back the pace of bond purchases at one of the "next few meetings" if the economic recovery looked set to maintain forward momentum.So, what happened was markets d
Thursday, May 23, 2013
Frank Shostak
Stable Prices, Unstable Markets 
According to European Central Bank Governing Council member Ewald Nowotny, Federal Reserve Chairman Ben Bernanke sees no risk of inflation in the United States. According to Nowotny, Bernanke had given a “very optimistic” portrayal of the US outlook. “They see absolutely no danger of an expansion in inflation,” Nowotny said. Bernanke had said US inflation should be 1.3 percent this year. Fed forecasts put inflation by the end of this year in a range of 1.3 to 1.7 percent. The yearly rate of
Thursday, May 23, 2013
Rick Ackerman
Why Even Talk of Tightening Could Be Fatal
Repeat after us: There is zero chance the Fed is going to tighten…zero chance…zero chance…zero chance.  We’ve made this point so often here that it is has practically become a mantra at Rick’s Picks.  It has also been amplified, refracted and explicated – though not hotly debated – in our forum, where there are apparently few who expect any change in Fed policy. As how could there be?  For even the slightest hint that easing is about to taper off, let alone end, would bring on the Second Great D
Wednesday, May 22, 2013
Chris Ciovacco - Ciovacco Capital Management
Will Wednesday's Fed Minutes Spark Sell-Off?
Since the S&P 500 made an intraday low of 1,536 on April 18, the widely-followed stock index has tacked on 130 points and the markets have migrated back to full-bore risk-on mode. Wednesday Winddown? Two key events this Wednesday could give investors an excuse to book some profits: Federal Reserve Chairman Ben Bernanke will speak before Congress. Fed minutes are due to be released. There appears to be little evidence to suggest Bernanke will drift from his recent guarded
Monday, May 20, 2013
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.Sin
Monday, May 13, 2013
Julian D. W. Phillips - Gold Forecaster
Is Mr. Buffet Right about not Holding Gold?
Who is Warren Buffett? He's 'Yoda' of the financial world. He is a man brilliantly skilled at making profits with considerable expertise in the U.S. economy and its corporations.Gold is, as he says, a dormant item pulled out of the ground and stored in vaults thereafter. It is not for 'just making profits because it is an entirely different animal to corporations.The big difference is that Buffett has been making money for around 70 years, whereas gold has been preserving wealth for around 5000
Thursday, May 09, 2013
Jesse - Le Café Américain
Gold Daily and Silver Weekly Charts - The BRICs Are Restless and Demanding Change
Apparently the depressed prices in mining stocks have resulted in record insider buying in junior mining shares. David Rosenberg thinks that: "We currently are witnessing the Potemkin rally. For a quick background the phrase Potemkin villages was originally used to describe a fake village, built only to impress. According to the story, Russian minister Grigory Potemkin who led the Crimean military campaign erected fake settlements along the banks of the Dnieper River in order to fool Empress C
Thursday, May 09, 2013
Gary Tanashian - Biwii
Young FrankenMarket Lives
In failing to take a "healthy" correction to the equivalent of SPX 1350 to 1450 from the upside target zone of 1550 to 1590, the market is now running on policy and momentum. Hence we now dub thee Young FrankenMarket; Ben Bernanke's creation, sustained by government and legacy MBA debt, following Alan Greenspan's monster that was stitched together with artificially low interest rates that ultimately manifested in a huge commercial credit bubble.Payrolls came in at 165,000 and an over bought, ove
Tuesday, May 07, 2013
Mac Slavo - ShtfPlan
Ron Paul: “It’s A Worldwide Phenomenon; A Lot More Chaos Yet to Come” *Video* 
On the heels of a scathing assessment by Nigel Farage on the economic conditions in Europe which he says will ultimately lead to violent revolution, former US congressman Ron Paul and well known investor Jim Rogers weigh in on the discussion. Undeterred by those who fail to heed his warnings, Dr. Paul suggests that global economic conditions, spearheaded by out-of-control government policies in the United States, will continue to deteriorate until such time that the whole system comes unhinged.
Saturday, May 04, 2013
Adrian Ash - Bullion Vault
The US Fed's May Day Riot
Oh the people's flag is deepest red, just like the government's budget...AS MAY DAY protests go, the US central bank's looked pretty tame on Wednesday.Athens' strikers burnt a giant picture of Angela Merkel dressed as Hitler. Students in Washington threw bags of urine at each other. Protesters in Madrid waved flags shouting that "Austerity ruins & kills", while Turkish police broke up an illegal demo with tear gas and water cannon.But in the Eccles Building? "Fiscal policy is restraining economi
Saturday, May 04, 2013
George F. Smith - Barbarous Relic
Would you watch a movie about a counterfeiting cartel? 
One of the biggest strangleholds on our freedom is the money and banking system we’re forced to endure.  I wrote a novel about it in 2008.  It’s good, especially for a first novel, but good isn’t good enough.  It doesn’t have the broad appeal I wanted.  It steps hard on some cherished postulates such as the legitimacy of U.S. entry into World War I.  It was supposed to be the war to end all wars, not an expedient to save Morgan’s investments. World War I was a classic example of the wealth tra
Saturday, May 04, 2013
John Browne - Euro Pacific Capital
Gold Recovers Amidst Uncertainty 
The selloff in gold that captured the world's attention in mid-April has revealed some truths about how the market trades and the sentiments of many of the investors who have piled into the trade over the past few years. While the correction does highlight a higher degree of uncertainty than many of the most ardent gold advocates had anticipated, it does not represent the historic "end of an era" reversal that the many in the media have so gleefully suggested. In many ways, the market has shown
Friday, May 03, 2013
Axel Merk - Merk Fund
Rising Dollar Myth
Year-to-date, the U.S. dollar is up; does that mean we are in a rising dollar environment? Or is it an opportunity to diversify out of the greenback? Last year, with all the turmoil in the Eurozone, the euro was up 1.79% versus the dollar; that appeared to be the best the U.S. dollar could do in times of turmoil. Of the major currencies only the Japanese yen was down versus the U.S. dollar:Year-to-date, the dollar index, a trade weighted index comparing the U.S. dollar to a basket of six major c
Wednesday, May 01, 2013
Nathan Lewis - New World Economics
The Great U.S. Economic Expansion of 1870-1913 
For some reason, it is conventional wisdom today that the years 1870-1914, the era of the Most Perfect Monetary System Ever Created, was a time of chronic recession and disaster. But how could that be? The United States was the world’s greatest economic success story of the last two centuries. When did that happen? It didn’t happen during the Civil War and the Great Depression. It must have happened — logically — during times of peace and prosperity.
Monday, April 29, 2013
Deepcaster
Profit, Protection, Despite Cartel Intervention ? April, 2013 Update
?Then, when the Fed?s fire hoses started spraying an elephant soup of liquidity injections in every direction and its balance sheet grew by $1.3 trillion in just thirteen weeks compared to $850 billion during its first ninety-four years, I became convinced that the Fed was flying by the seat of its pants, making it up as it went along. It was evident that its aim was to stop the hissy fit on Wall Street and that the threat of a Great Depression 2.0 was just a cover story for a panicked spree of
Saturday, April 27, 2013
FoFOA
All Paper is STILL a short position on gold 
The gold derivatives pyramid is a vigorous free market creature. It cannot be put down with a simple declaration that the paper is no longer redeemable in gold, as governments did with currency. It is a short selling scheme that has become a trap from which few short sellers will escape
Thursday, April 25, 2013
Peter Schiff - Euro Pacific Capital
Japan Steps into the Void 
In the years following the global financial crisis, economists and investors have gotten very comfortable with very high, and seemingly persistent, government debt. The nonchalance may be underpinned by the assumption that globally significant countries that can print their own currencies can't get trapped in a sovereign debt crisis. However, it now appears that Japan is preparing to put this confidence to the ultimate stress test.For the better part of 20 years, successive Japanese governments
Monday, April 22, 2013
Gary Dorsch - SirChartsAlot
Shale Oil is a Big Game Changer for Dow-to-Gold Ratio
Financial history is marked with times when populations took collective leave of their senses and succumbed to delusions of ever-expanding wealth. Times of rampant speculation have been enthralled by the introduction of new technologies, that are used to justify pumping-up market valuations, - not just for the present, but also for the near future, and far over the horizon as well. Quite often, the new found wealth is nothing more than a mirage. The wild enthusiasm for the stoc
Friday, April 19, 2013
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