Monthly Archives: November 2014

28
Nov
2014

Netherlands, Germany Have Euro Disaster Plan – Possible Return to Guilder and Mark

The Dutch and German governments were preparing emergency plans for a return to their national currencies at the height of the euro crisis it has emerged. These plans remain in place.


German Gold Deutsche Mark – (Special Edition)

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27
Nov
2014

Swiss Yes Vote Possible – First “Gold Rush” Of 21st Century?

There are just 3 days left until the“Save Our Swiss Gold” referendum this Sunday. On November 30, voters in Switzerland will head to the polls to decide whether the Swiss National Bank (SNB) should back the Swiss franc with gold by increasing its gold holdings to 20% – up from current levels of 7%.

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27
Nov
2014

Swiss Anti Gold Propaganda Questioned – Gold Protects Purchasing Power

By Eric Schreiber, independent asset manager, former head of commodities UBP, former head of precious metals Credit Suisse Zurich. All views expressed are his and may not reflect those of his former employers.

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26
Nov
2014

Gold “Price” Spikes to $1,467.50/oz on Computer Glitch?

Gold spiked higher in many price feeds overnight and was $270 higher or more than 22% higher to $1,467.50/oz at one stage in what appears to have been some form of computer glitch.

There was speculation that the price spike which came while the COMEX was closed for 30 minutes was due to a series of charting errors or misprints, a bad price feed or a computer glitch. Another example of how technology is a great enabler but can also be a great disabler.

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25
Nov
2014

FT’s Tett: Gold “Tangible” and “Clear”; People “Unnerved” About “Money” in “Bottomless Cyber Space”

Gillian Tett, markets and finance commentator and an Assistant Editor and former U.S. Managing Editor of the Financial Times, looked at the increasing concerns about money today and the benefits of gold in an important article on Friday.


Gillian Tett, FT Assistant Editor

The article’s introduction pointedly states:

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24
Nov
2014

122 Tonnes of Gold Secretly Repatriated to Netherlands

The Dutch central bank said Friday it is repatriating some of its gold reserves from the U.S., making it the latest central bank in Europe to address public concerns about the safety of its gold in the wake of the eurozone debt crisis.

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21
Nov
2014

Swiss Gold Poll Likely Tighter Than Polls Suggest

By Ronan Manly, GoldCore Consultant

Introduction
Yes lead fades in new poll
Definitely Maybe
Italian leaning toward gold?
Only SVP voters show a yes-majority
Polls are Snapshots
Sorcerers’ Apprentices
EUR/CHF 1.20 – Line in the Sand
Intervention or no Intervention
Sovereign Wealth Fund transfers
Gold Swap Tricks
Conclusion

Introduction

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20
Nov
2014

Ebola Remains a Risk – Deaths in Nebraska and New York

The Ebola crisis has faded from headlines but remains a risk after the death of another Ebola patient in Nebraska and the death of a suspected victim in New York yesterday. This brings the number of confirmed deaths to two in the U.S. and possibly three if the New York victim is confirmed as having had Ebola.

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19
Nov
2014

Gold Rises After Unusual Russian Central Bank Gold Buying Announcement

Russia’s central bank bought about 150 metric tons of the metal this year, announced Governor Elvira Nabiullina yesterday. The pronouncement immediately created buying in the market, prompting gold to rise to a two week high at $1,200 an ounce.

Head of Russian Central Bank Elvira Nabiullina -Jr/Bloomberg

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18
Nov
2014

ECB Buy Gold Bullion? Japan’s Monetary Policy Dubbed “Ponzi Scheme”

Concerns about deflation, recession and a return to the Eurozone debt crisis, may see the ECB follow Japan and print money to buy assets including shares, exchange traded funds and physical gold.

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