Published in Market Update  Precious Metals 


Palladium Breaks Multi-Year High Over $900; Russian SWIFT Payment Ban Proposed By UK

Palladium Breaks Multi-Year High Over $900; Russian SWIFT Payment Ban Proposed By UK

The palladium price made a new 13 year high today and reached $909/oz, its highest since February 2001. Markets fear that the global supply of palladium could be impacted by the threat of further sanctions against Russia.


Published in Market Update  Precious Metals 


“Central Banks Should Give Money Directly To The People” – Gold Bullish CFR Proposal

Helicopter Janet?

Last week, a very radical proposal appeared in the pages of the influential ‘Foreign Affairs’ magazine, the publication arm of the equally influential Council on Foreign Relations (CFR) think-tank based in New York.


Published in Market Update  Precious Metals 


Bank of Canada Holds Swiss, Dutch, Swedish Gold As Swiss Repatriation Referendum Looms

Highlights

- Upcoming Swiss vote on gold repatriation could lead to gold repatriation from Bank of Canada

- Bank of Canada only acts as gold custodian to four foreign central banks

- Switzerland, the Netherlands and  Sweden say they hold gold in Ottawa

- Bank of Canada no longer a major gold custodian; Canada has virtually no gold reserves


Published in Market Update  Precious Metals 


Gold Shines Most in September on Seasonal Buys: Bloomberg Chart of Day

Gold Shines Most in September on Seasonal Buys: Bloomberg Chart of Day

BLOOMBERG CHART OF THE DAY - September Sees 3% Gains Over 20 Years

Gold investors hurting from prices within 1% of a two-month low can find solace from the historical record and research and showing gold performs best in September.


Published in Market Update  Precious Metals 


CME Halt Electronic Gold and Silver Futures Trading Due to “Technical Glitch”

Today’s AM fix was USD 1,281.00, EUR 965.12 and GBP 772.29 ounce. Friday’s AM fix was USD 1,280.50, EUR 965.03 and GBP 772. 32 per ounce.

Gold climbed $3.10 or 0.24% to $1,280.40 on Friday and silver rose $0.01 or 0.05% to $19.38 per ounce.


Published in Market Update  Precious Metals 


Jackson Hole: Myth of the All Powerful Central Banker Continues

Today’s AM fix was USD 1,281.00, EUR 965.12 and GBP 772.29 ounce. Yesterday’s AM fix was USD 1,280.50, EUR 965.03 and GBP 772.32 per ounce.

Gold fell $13.80 or 1.07% to $1,277.30 and silver slipped $0.03 or 0.15% to $19.47 per ounce.


Published in Market Update  Precious Metals 


U.S. Bail-Ins - Fed Vice Chair Fischer Says “Preparing A Proposal”

Today’s AM fix was USD 1,311.00, EUR 982.76 and GBP 781.75 per ounce. Yesterday’s AM fix was USD 1,308.25, EUR 977.33  and GBP 779.37 per ounce.

Gold fell $2.30 yesterday to $1,309.10/oz and silver rose $0.07 or 0.35% to $20.04/oz.

Gold popped higher today as equities fell on news that a Russian aid convoy is heading to Ukraine and on signs that the new deepening tensions and risk of conflict with Russia is hurting confidence in the euro zone economy.


Published in Market Update  Precious Metals 


"World Insecurity” May Have “Positive Impact On Gold" - Ex BOE Mervyn King

Today’s AM fix was USD 1,308.25, EUR 977.33 and GBP 779.37 per ounce. Friday’s AM fix was USD 1,317.50, EUR 984.02  and GBP 784.23 per ounce.


Published in Market Update  Precious Metals 


Gold Breaks Out As Cold War 2.0 Intensifies - Technicals, Fundamentals Positive

Today’s AM fix was USD 1,317.50, EUR 984.02 and GBP 784.23 per ounce. Yesterday’s AM fix was USD 1,302.00, EUR  973.53 and GBP 772.98 per ounce.

Gold climbed $5.20 or 1.42% yesterday to $1,311.60/oz and silver fell $0.08 or 1.16% to $19.96/oz.

Gold is up nearly 2% this week on safe haven buying, its best weekly performance since mid-June. Gold hit three week highs overnight at $1,322.60/oz, having started to push higher in U.S. trading hours yesterday due to tensions with Russia and the renewed bombing of Iraq.


Published in Market Update  Precious Metals 


“Bail In Regime” Sees UK Banking System Downgraded By Moodys

Today’s AM fix was USD 1,302.00, EUR 973.53 and GBP 772.98  per ounce. Yesterday’s AM fix was USD 1,288.50, EUR  964.27 and GBP 765.23 per ounce.


Published in Market Update  Precious Metals 


Russia And Iran Sign Historic 500,000 Barrel A Day Oil Deal - Petrodollar Under Threat

Today’s AM fix was USD 1,288.50, EUR 964.27 and GBP 765.23 per ounce. Yesterday’s AM fix was USD  1,292.75, EUR  965.03 and GBP 765.71  per ounce.


Published in Market Update  Precious Metals 


Perth Mint’s Gold & Silver Bullion Sales Drop to 3 Month Low

Today’s AM fix was USD 1,292.75, EUR 965.03 and GBP 765.71  per ounce. Yesterday’s AM fix was USD 1,293.50, EUR 963.57 and GBP 768.93 per ounce.


Published in Market Update  Precious Metals 


Gold’s Sweet Spot - Strongest Months Are August, September, November And January

Today’s AM fix was USD 1,284.50, EUR 959.16 and GBP 762.99  per ounce. Yesterday’s AM fix was USD 1,295.00, EUR   966.92 and GBP 767.36  per ounce.


Published in Market Update  Precious Metals 


Silver Eagle Bullion Coins Reach 26 Million For 2014

Today’s AM fix was USD 1,295.00, EUR 966.92 and GBP 767.36 per ounce.  Yesterday’s AM fix was USD 1,297.50, EUR  968.43 and GBP 766.21  per ounce.


Published in Market Update  Precious Metals 


Gold Could Go To Infinity - Ron Paul

Today’s AM fix was USD 1,297.50, EUR 968.43 and GBP 766.21 per ounce. Yesterday’s AM fix was USD 1,307.50, EUR  972.84  and GBP 770.39  per ounce.


Published in Market Update  Precious Metals 


Russia Buys 18.6 Tonnes Of Gold In June - Currency Wars Intensify

Today’s AM fix was USD 1,307.50, EUR 972.84 and GBP 770.39  per ounce. Yesterday’s AM fix was USD 1,305.00, EUR 971.20 and GBP 768.55 per ounce.


Published in Market Update  Precious Metals 


Silver Manipulation To End; $150 Per Ounce Possible - Video

Today’s AM fix was USD 1,305.00, EUR 971.20 and GBP 768.55 per ounce. Friday’s AM fix was USD 1,292.50, EUR 961.18  and GBP  761.64 per ounce.


Published in Market Update  Precious Metals 


Gold Lockdown Until Options Expiry Monday - New Singapore Gold Contract Threatens Manipulation

Today’s AM fix was USD 1,292.50, EUR 961.18 and GBP 761.64 per ounce. Yesterday’s AM fix was USD 1,300.00, EUR  964.68 and GBP 763.76 per ounce.

Gold fell $12.50 or 0.96% yesterday to $1,292.40/oz and silver slid $0.55 or 2.63% to $20.37/oz.


Published in Market Update  Precious Metals 


EU Bail-Ins - Retrospective Bail-In Ignoring State Guarantee

Today’s AM fix was USD 1,300.00, EUR 964.68 and GBP 763.76 per ounce.  Yesterday’s AM fix was USD 1,307.50, EUR  971.04 and GBP  767.54 per ounce.

Gold fell $1.60 or 0.12% yesterday to $1,304.90/oz and silver slipped $0.02 or 0.1% to $20.92/oz.


Published in Market Update  Precious Metals 


‘Apocalypse’ Krugman Ignores Keynes And Comrade Lenin’s Warnings

Today’s AM fix was USD 1,307.50, EUR 971.04 and GBP 767.54 per ounce. Yesterday’s AM fix was USD 1,307.00, EUR  969.44 and GBP 765.76 per ounce.

Gold fell $6.40 or 0.49% on yesterday to $1,306.50/oz and silver remained unchanged at $20.94/oz.