12
Dec
2013

New EU Bail-In Agreement Yesterday – What Bail-Ins Would Look Like (Part VII)

Today’s AM fix was USD 1,243.50, EUR 902.79 and GBP 758.51 per ounce.
Yesterday’s AM fix was USD 1,255.25, EUR 912.05 and GBP 765.49 per ounce.

Gold fell $9.60 or 0.76% yesterday, closing at $1,252.90/oz. Silver slipped $0.09 or 0.44% closing at $20.31/oz. Platinum dropped $3, or 0.2%, to $1,381.75/oz and palladium rose $1.05 or 0.1%, to $736.2/oz.

Continue Reading
11
Dec
2013

How Likely Are Bail-Ins? Bank of England Says U.S. “Could Do Today” (Part VI)

Today’s AM fix was USD 1,255.25, EUR 912.05 and GBP 765.49 per ounce.
Yesterday’s AM fix was USD 1,245.75, EUR 906.13 and GBP 757.76 per ounce.

Gold rose $21.90 or 1.77% yesterday, closing at $1,262.50/oz. Silver soared $0.53 or 2.67% closing at $20.40/oz. Platinum climbed $15.25, or 1.1%, to $1,386.99/oz and palladium also rose $1.50 or 0.2%, to $735.20/oz.

Continue Reading
10
Dec
2013

Deposit Confiscation and Bail-In – Where Likely and When? (Part V)

Today’s AM fix was USD 1,245.75, EUR 906.13 and GBP 757.76 per ounce.
Yesterday’s AM fix was USD 1,228.50, EUR 895.60 and GBP 749.95 per ounce.

Gold rose $11.90 or 0.97% yesterday, closing at $1,240.60/oz. Silver soared $0.39 or 2% closing at $19.87/oz. Platinum climbed $19.49, or 1.4%, to $1,372.74/oz and palladium edged up $2 or 0.3%, to $733.50/oz.

Continue Reading
09
Dec
2013

Bail-In Regimes – The Key Attributes and Who Is Driving? (Part IV)

Today’s AM fix was USD 1,228.50, EUR 895.60 and GBP 749.95 per ounce.
Friday’s AM fix was USD 1,230.75, EUR 900.59 and GBP 752.38 per ounce.

Gold rose $4.56 or 0.4% Friday, closing at $1,229.06/oz. Silver climbed $0.11 or 0.6% closing at $19.44/oz. Platinum fell $3.25, or 0.2%, to $1,354.74/oz and palladium dropped $0.64 or 0.1%, to $731.50/oz. Gold and silver were down 1.7% and 2.6% for the week respectively.

Continue Reading
06
Dec
2013

Economists Warn Depositors May Be Burnt In Bail-Ins (Part III)

Today’s AM fix was USD 1,230.75, EUR 900.59 and GBP 752.38 per ounce.           
Yesterday’s AM fix was USD 1,234.00, EUR 907.69 and GBP 754.79 per ounce.

Gold fell $13.52  or 1.1% yesterday, closing at $1,229.69 /oz. Silver slipped $0.20 or 1.1% closing at $19.45/oz. Platinum dropped $11.51, or 0.8%, to $1,356.99/oz and palladium rose $6.00 or 0.8%, to $730.50/oz.

Continue Reading
05
Dec
2013

Deposit Confiscation Poses A Real Risk To Investors, Savers and Corporate Depositors (Part II)

Today’s AM fix was USD 1,234.00, EUR 907.69 and GBP 754.79 per ounce.             
Yesterday’s AM fix was USD 1,213.00, EUR 892.57 and GBP 741.13 per ounce.

Gold climbed $20.70 or 1.69% yesterday, closing at $1,243.40/oz. Silver rose $0.62 or 3.24% closing at $19.74/oz. Platinum climbed $20.75, or 1.5%, to $1,375.00/oz and palladium was also up  $13.97 or 2%, to $727.47/oz.

Continue Reading
04
Dec
2013

Era Of Depositor Bail-In Cometh (Part 1)

Today’s AM fix was USD 1,213.00, EUR 892.57 and GBP 741.13 per ounce.
Yesterday’s AM fix was USD 1,219.00, EUR 898.50 and GBP 743.07 per ounce.

Gold rose $3.70 or 0.3% yesterday, closing at $1,222.70/oz. Silver slipped $0.03 or 0.16% closing at $19.12/oz. Platinum climbed $14.50, or 1.1%, to $1,352.25/oz and palladium rose $3, or 0.4%, to $711.97/oz.

Continue Reading
03
Dec
2013

Bail-Ins And Deposit Confiscation Confirmed At ‘Future of Banking in Europe’ Conference

Today’s AM fix was USD 1,219.00, EUR 898.50 and GBP 743.07 per ounce.
Yesterday’s AM fix was USD 1,237.50, EUR 913.08 and GBP 754.30 per ounce.

Gold fell $32.20 or 2.57% yesterday, closing at $1,219.00/oz. Silver slid $0.84 or 4.2% closing at $19.15/oz. Platinum dropped $20.95, or 1.5%, to $1,336.25 /oz and palladium fell $9.78, or 1.4%, to $708.72/oz.
 

Continue Reading
03
Dec
2013

Bail-Ins And Deposit Confiscation Confirmed At ‘Future of Banking in Europe’ Conference

Today’s AM fix was USD 1,219.00, EUR 898.50 and GBP 743.07 per ounce.
Yesterday’s AM fix was USD 1,237.50, EUR 913.08 and GBP 754.30 per ounce.

Continue Reading
02
Dec
2013

Gold Storage In Switzerland Increasing Due To Swiss Tradition Of Respecting Private Property

Today’s AM fix was USD 1,237.50, EUR 913.08 and GBP 754.30 per ounce.
Friday’s AM fix was USD 1,245.25, EUR 915.29 and GBP 763.07 per ounce.

Gold climbed $13.60 or 1.07% Friday, closing at $1,251.20/oz. Silver rose $0.31 or 1.58% closing at $19.99/oz. Gold and silver were both up for the week at 0.64% and 0.60%, respectively. Platinum edged up $4.85, or 0.4%, to $1,360.25/oz and palladium fell $0.60, or 0.1%, to $715.60/oz.

Continue Reading