19
Apr
2016

China Gold Bullion Yuan Trading To Boost Power In Gold and FX Markets – End Manipulation?

  China launched yuan denominated gold bullion trading today in a move that will further boost its power in the global gold and fx markets. Critics of the existing pricing mechanisms hope that it will lead to increased transparency and may end price manipulation. The Shanghai Gold Exchange (SGE), the world’s largest physical gold exchange, […]

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18
Apr
2016

Marc Faber: “Messiah” Central Banks Helicopter Money Printing “Will Not End Well”

  Marc Faber has warned that a new financial crisis is coming and will be worse than the 2008 one and told Bloomberg TV that the “messiah” central banks “helicopter money ” policies “will not end well.” Marc Faber Faber warns that ultimately “you cannot grow an economy by just throwing money at people” and that […]

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15
Apr
2016

Silver Prices Up 5.6%; Gold Down 1% This Week. Deutsche Bank Settles Gold and Silver Manipulation Suits

Silver prices have surged 5.6% this week, while gold is down 1% in dollar terms, 1.5% in sterling terms but flat in euro terms. Gold appears to be consolidating after the recent gains and the bounce in stocks this week is likely leading to traders taking profits. Market Performance – 1 Week (Finviz.com) Silver remains strong despite […]

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14
Apr
2016

Who Is Buying Gold And Why?

  Who is buying gold and why is the question posed by The Telegraph today “After four years of sharp falls, a sudden revival has been taking place in the gold market. In the first three months of 2016 the price of the yellow metal soared by 20pc – its best quarterly performance since the […]

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13
Apr
2016

Buy Gold ! – HSBC

Buy gold is the call of HSBC technical analysts who are becoming increasingly bullish on gold and increasingly bearish on stocks as reported by Business Insider. HSBC via Business Insider via Bloomberg  Sentiment towards gold is slowly moving from being extremely negative and bearish to more bullish. HSBC joins a long list of large banks, […]

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12
Apr
2016

Silver Bullion Surges 8% In 6 Days To Over $16 Per Ounce

Silver bullion prices surged 3.65% yesterday and have surged 8% in just six trading days. Silver rose 56 cents from $15.34 to $15.90 per ounce yesterday, made further gains in Asian and early European trading and broke above the psychological resistance of $16 per ounce. Since last Monday (April 4), silver has surged from $14.93 […]

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11
Apr
2016

Bank Bail Ins Begin as EU Bank “Bailed In” In Austria

Bank bail ins in the EU are here after Austria’s financial markets regulator FMA imposed a hefty haircut on creditors in an Austrian bank. Creditors in the bank Heta Asset Resolution will receive less than half of their money back according to the country’s financial regulator, the FMA. Senior bondholders in the so called “bad bank” could […]

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08
Apr
2016

Number One Reason To Buy Gold and Silver Is “Cyber Financial Warfare”

The number one reason to buy gold bullion given the new risks in the 21st century digital age is “cyber financial warfare,” Jim Rickards, Chief Global Strategist at West Shore Funds told “Bloomberg Markets” this week. The respected analyst and best selling author has just released his new book, ‘The New Case for Gold’ and discussed the risks […]

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07
Apr
2016

Fight Over Future of London’s $5 Trillion, 300 Year-Old Gold Market

The fight over the future of the global gold market, London’s 300 year old role in the market and the LBMA’s role in determining price makes Bloomberg’s lead article today and we contribute. The article begins: “There’s a competition brewing to figure out how the world’s largest gold-trading hub can get bigger and better.” Bloomberg […]

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06
Apr
2016

Perth Mint Silver Coins Have Second Highest Monthly Demand

The Perth Mint’s sales of silver coins and especially Silver Kangaroos surged again in March and saw the second highest levels of silver coin demand on record as silver buyers in the western world continue to accumulate silver at what they believe to be depressed silver prices.   Silver stackers continued to accumulate silver coins […]

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