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PRECIOUS METALS (US $)
Gold 1374.00-14.40
Silver 22.38-0.30
Platinum 1458.50-22.00
Palladium 736.75-5.50
WORLD MARKETS
DOWJONES 15335-13
NASDAQ 3496-3
NIKKEI 1538120
ASX 5156-29
CAC 40 4016-7
DAX 8440-16
HUI 26115
XAU 97-3
CURRENCIES (€)
AUS $ 1.3148
CAN $ 1.3220
US $ 1.2867
GBP (£) 0.8497
Sw Fr 1.2473
YEN 132.3010
CURRENCIES ($)
AUS $ 1.0219
CAN $ 1.0272
Euro 0.7772
GBP (£) 0.6604
Sw Fr 0.9691
YEN 102.8070
RATIOS & INDEXES
Gold / Silver61.39
Gold / Oil14.29
Dowjones / Gold11.16
COMMODITIES
Copper 3.360.01
WTI Oil 96.12-0.59
Nat. Gas 4.130.04
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Articles related to Iran
 
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' a
Saturday, May 18, 2013
Mark O'Byrne - gold.ie
Gold Wars: U.S. Undermining Iranian Currency By Blocking Gold Imports
Today’s AM fix was USD 1,376.75, EUR 1,069.15 and GBP 903.62 per ounce.   Yesterday’s AM fix was USD 1,377.00, EUR 1,070.01 and GBP 904.32 per ounce.  Cross Currency Table – (Bloomberg) Gold fell $6.00 or -0.43% yesterday to $1,386.70/oz and silver finished +0.71%. Nothing has changed regarding the positive fundamentals of the physical gold market. All that has changed is that the price of gold is again lower due to the machinations of technical traders and speculators. Paper gold sales are aga
Friday, May 17, 2013
Aubie Baltin
History’s Best Gold Buying Opportunity – Dr Baltin 
There is only one difference between a bad economist and a good one: The bad economist confines himself to the visible effect; the good economist takes into account both the effect that can be seen and more importantly, those effects that must be foreseen. The bad economist pursues a small, present good that will be followed by a great evil to come, while the good economist pursues a great good to come, at the
Monday, May 13, 2013
Jim Willie CB - Hat Trick Letter
Financial Treachery & Harsh Consequences 
The most powerful element of the shift has been the movement of gold wealth from Western locations (New York, London, Switzerland) to Eastern locations (China, Russia, Singapore, Taiwan, Hong Kong). Most residents of the United States, the United Kingdom, and Western Europe are in shock, constantly distracted by the sweeping disruptive events led by a) unstoppable government deficits, b) the powerful crumble of sovereign bonds, c) the ruinous insolvency of the banking systems, d) the relentless reign of tax terror, and e) the tragic decline of the underlying economies
Wednesday, May 01, 2013
Jan Skoyles - The Real Asset Co
The whole world is talking about gold
Here we take a look at how, despite calls that the gold bubble is finished, the whole world is still talking about buying gold. Read any financial paper or website and they’ll tell you that the ‘gold-bubble’ is over. This opinion appears to be based solely on price and not much else. When you look at short-term price action on its own then perhaps you can understand how they’ve reached this conclusion. Gold, across many countries, is down sin
Tuesday, April 23, 2013
Aubie Baltin
  Crack In Dam
"One of the penalties of not participating in politics is that you will be governed by your inferiors."                                             Plato “We are in danger of being overwhelmed with irredeemable paper, representing neither, gold, nor silver; representing nothing but broken promises, bad faith, bankrupt corporations, cheated creditors
Tuesday, April 23, 2013
Jan Skoyles - The Real Asset Co
Bitcoin…the money of the future?
In the second of our features from The Real Asset Report we look at the rise of Bitcoin. To help us understand it a little better, we also talk to Max Keiser the ultimate Bitcoin Bull.  Where are you on Bitcoin? In our readers’ poll, we found over 50% of respondents already owned Bitcoin, but the other 50% are still sitting on the fence, if not firmly on the other side of it. When we first heard about it nearly two years ago we were certainly sceptical of it; we knew that new money was needed,
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
David Bond - Wallace Street Journal
  Wallace Street Journal: The World is not Billy Bob's Rib Pit 
I yield my column space today to one Fred Reed, an ex-pat living in Mexico, who publishes the website fredoneverything.net. His thoughts are provocative and feather-ruffling, but worthy of consideration. Reed has been on staff for the Army Times, the Washingtonian, Soldier of Fortune, Federal Computer Week and the Washington Times. The following appeared on 10 March. By Fred Reed
Thursday, April 11, 2013
Jim Willie CB - Hat Trick Letter
ZIRP (0%) is Not Stimulus, Rather a Death Knell 
The propaganda has been thick over the last few years, especially since the US banking system suffered a fatal heart attack in September 2008. It has not recovered since, still insolvent, still wrecked, having returned a zombie center with a USTBond carry trade core and continued money laundering basement lifeline. The Jackass is tired beyond words, beyond description, of hearing that the Zero Percent Interest Policy is being kept as a stimulus measure to encourage continued economic recovery. I
Friday, April 05, 2013
Michael J. Kosares - USA Gold
King Ibn Saud’s 35,000 British sovereigns – Gold’s historic undervaluation versus oil
TheWikileaks/Financial Times revelations on significant gold buying interest in the Middle East — notably Iran’s central bank, Jordan’s central bank and Qatar’s sovereign wealth fund — brought to mind the story of KingIbn Saud and his sale of oil concessions to the major oil companies. In payment he received 35,000 British sovereigns — a coin many of you hold in your own sovereign wealth funds.
Thursday, April 04, 2013
John Rubino - Dollar Collapse
Gold's Paper Price 'Doesn't Mean Anything'
In this week's talk with National Numismatics' Tom Cloud, he explains why the reported price of gold is not the real price. DollarCollapse: Hi Tom. It's been a brutal couple of weeks in precious metals. Last time we talked you said that gold could fall to $1,540. Your prediction is close to coming true today, with gold below $1,560. What are your charts saying now? Tom Cloud: There's serious support at $1,540, but if that doesn't hold the next major support level is $1,380. I d
Thursday, April 04, 2013
The Energy Report
Bullish on Oil Prices? Two Reasons You Might Change Your Mind
The Energy Report: Marshall, before the Great Recession hit, we appeared to be on target for $150 per barrel ($150/bbl) Brent in mid-2008, and we were hearing forecasts of $200/bbl before the end of that year. But things have changed. I'd really like to get your fix on how you perceive energy markets have been altered over the past five years.Marshall Adkins: For the oil market specifically, two massive structural changes have occurred since 2008. First, U.S. oil supply from horizontal drilling
Wednesday, April 03, 2013
Mac Slavo - ShtfPlan
Concerned Officials Warn: “North Korea Could Explode a High-Altitude Nuclear Device Over 
North Korean dictator Kim Jong Un’s rhetoric over nuclear weapons and the possibility of war with the United States and its allies makes almost no plausible sense considering that their long range missile capabilities are lacking and their military hardware is reportedly outdated when compared to the militaries of developed western nations. While the communist regime does have millions of soldiers at their disposal, the notion that North Korea will start and win a war against the U.S. seems outl
Wednesday, April 03, 2013
Peter Souleles
  A Message To the Bottom 90% 
Has anyone ever wondered why no insurance company is game enough to insure bank deposits and nuclear power plants? The answer is simple, no premium (as Chernobyl, Fukushima and Cyprus have proven) would be great enough to make it a profitable policy for the insurer. And even if there could be a profitable policy, it would not be affordable to either the industry or the consumer. This implies that both banks and nuclear power plants are inherently
Wednesday, April 03, 2013
Ben Traynor - Bullion Vault
Interest in Gold "Disappears" as North Korea Tensions Rise, Silver "Acting More Like Bas
London Gold Market ReportU.S. DOLLAR prices to buy gold dipped back below $1600 an ounce Tuesday morning, though they remained close to that level by lunchtime in London, as the physical bullion market re-opened following the Easter break.Stock markets edged higher in Europe despite news of record high unemployment and contracting manufacturing sectors, while major government bond prices dipped."Looking at gold for six months shows the metal making successively lower lows and lower highs," says
Tuesday, April 02, 2013
FOFOA - FoFOA
Checkmate 2 - Slow History
Building a coherent and cohesive narrative around events of the past is a natural part of our process of understanding. And every good story has a beginning, middle and an end. But what if the end of a particular narrative is still in the future? Mencius Moldbug coined the term "slow history" in these two posts to describe his hobby of reading really old books and diaries (especially ones written by those outside the political mainstream of their time). He writes: "The student of slow hist
Tuesday, April 02, 2013
The Energy Report
Three Global Threats that Keep This Stonecap Analyst Up at Night
The Energy Report: In your interview last December, you commented on overly optimistic management teams that understate possible country risks. What geopolitical concerns are you watching closely these days? Amin Haque: The Iran nuclear issue continues to have an impact on global oil prices, although I don't know which way it will go this year. Second, in Colombia, a peace process negotiation has been going on for some time and I'm following that closely. Third, Nigeria will have an election in
Saturday, March 30, 2013
Jim Willie CB - Hat Trick Letter
  USDollar: Ring-Fenced & Checkmate 
An unstoppable sequence of events has been put into motion finally. The pressure has been building for months. Some themes are plainly evident, except to those who wear rose colored glasses in the US Dome of Perception. The USTreasury Bond will be brought home to the US and British banks, where it will choke its bankers, then be devalued for survival reasons, after a painful isolation. The Chinese and Russians will conspire to finance the Eurasian Trade Zone corridor foundation with USTBonds, he
Saturday, March 30, 2013
Chris Powell - GATA
Turkey trading gold with Iran again; gold ETFs examined on 10th anniversary
Reuters says Turkey has resumed its trade of gold to Iran in exchange for natural gas: http://www.reuters.com/article/2013/03/29/turkey-iran-sanctions-idUSL5N0... And MarketWatch's Myra P. Saefong reflects on the 10th anniversary of the launching of the first gold exchange-traded fund. Her story includes observations that gold ETFs have drawn investors away from mining company shares and even a comment by a fund manager who believes that demand for real metal eventually will overwhelm the shorti
Saturday, March 30, 2013
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