Posted on May 24, 2013
The silver price remains steady waiting for a clear direction from gold. It will take a breakout from gold to make silver move strongly, either way.
Posted on May 9, 2013
The skill in handling gold is to buy it at a low price ahead of a change of system.
Posted on January 28, 2013
All of the 11% reserve in France will be repatriated as well as 13% from New York while the portion in London will remain.
Posted on December 6, 2012
In 2009 the signatories of the Central Bank gold Agreement effectively stopped selling gold.
Posted on August 31, 2012
Since 2009 we have seen the signatory central banks of the Central Bank Gold Agreement cease selling their gold.
Posted on August 15, 2012
This is perhaps one of the most asked questions among gold investors today. But the answer is not a simple one. It goes to the basics of which people invest in gold in the first place and what form of gold they buy.
Posted on August 8, 2012
It’s becoming clearer and clearer that there is a large blind spot in the minds of financial people regarding this probability. Only financial those who have been in the markets for 40+ years understand what can happen.
Posted on August 2, 2012
With Germany’s leaders telling us that the exit from the Eurozone by Greece no longer holds terror for them, we understand that they are prepared for such an eventuality.
Posted on July 24, 2012
As global growth is being downgraded by the I.M.F. from 3.5% to 3.1% fears that the Eurozone is already in a recession and the U.S. is likely to enter one next year, are growing.
Posted on June 28, 2012
In Part I of this series we looked at the decaying state of confidence and how this is assisting in the deflationary process that is slowly, inexorably, moving forward, with limited action from central bankers and very little action at all from politicians.
Posted on June 28, 2012
For the last few years we've watched as the Credit Crunch morphed into the Sovereign Debt crisis in Europe, which may re-cross the Atlantic to hit the U.S. Treasury market.
Posted on June 25, 2012
While the B.R.I.C.S nations are contributing to the I.M.F.’s funding with the purpose of shoring up the global financial system, they’ve stipulated that they want more power in the I.M.F.
Posted on May 28, 2012
For many years now gold and silver -by its pattern of following gold wherever it goes- have been treated by traders, investors and central banks as a 'counter to the U.S. dollar' and quite rightly so; this definition, however, applies primarily to the long-term value of the dollar and not simply to the daily gyrations of the dollar's exchange rate.
Posted on February 29, 2012
More and more investors are asking this question.
Posted on September 29, 2011
We agree with Professor Rogoff that Greece should have defaulted some time ago.
Posted on September 1, 2011
Gold closed at $1,829 in New York yesterday then slipped to $1,823 in Asia before slipping further at the London Fix to $1,815.50 in the morning, still $2 higher than yesterday afternoon’s Fix. That’s the interplay of the different markets worldwide.
Posted on August 19, 2011
In a remarkable day for gold, it closed up at $1,818 after touching $1,830 in New York. That was after a p.m. Fix of $1,824.00.
Posted on August 16, 2011
Over the weekend, gold slipped a little to $1,735 ahead of London’s opening. The euro was stronger at $1.43: €1, but these days that only means that the euro is not falling as fast as the dollar
Posted on August 12, 2011
In the last weeks we have seen the gold price jump from the price we alerted our subscribers of $1,555, to reach just over $1,800. Contrary to the view of many analysts, we do not see this as a frothy overrun from which it will pull back. On the contrary, this rise in the gold price has said so much more than simply, trading peak.
Posted on August 9, 2011
Today, you will hear that gold is rising to record highs. You will hear talk of it entering a ‘bubble’ again. This is entirely the wrong perspective!
Posted on August 8, 2011
A junior mining stock is a mining company in its early days. It may have successfully explored and found a good deposit; it may have completed a feasibility study on the deposit and have raised the finance to develop it into a mine.
Posted on July 31, 2011
Right now the markets are really starting to wind up over the debt ceiling confrontations. The weekend of U.S. political strife is on the world. It is so easy for the markets and commentators to lead us to believe that the gold and silver prices are rising because of this, but we emphasize that they are not!
Posted on July 27, 2011
Last Friday we were led to believe that the debt-ceiling crisis would be over by the start ofAsia’s business on Monday. The weekend has gone and so the deal. The markets are very nervous and beginning to worry that a deal will not be made.
Posted on July 26, 2011
Last Friday we were led to believe that the debt-ceiling crisis would be over by the start of Asia’s business on Monday. The weekend has gone and so the deal.
Posted on July 8, 2011
The Bank of International Settlement holds 500.7 tonnes of gold as at the end of 2010. Why? In the third quarter of 2009 it held just under 120 tonnes. These were part of currency/gold swaps. There are no details of the names of the counterparties. Coincidentally, they could be nearly the total of the ‘official’ gold holdings of Greece, Portugal and Spain.
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