The gold panic of 2013 I was out of the country last week and thus did not post a column, but readers are no doubt aware that the gold market tanked about 14% between Friday, April 12, and Monday, April 15. So I will be devoting this week’s column to that subject. The...
Falling into a Golden Twilight Zone Warn the wealthy insiders, politicians, and Russians, and then steal from the remaining depositors. This will hurt confidence in banks, the EU, and the IMF. Bail-in Plans: Announce that the bail-in plan (steal from depositors) is THE...
Gold Daily and Silver Weekly Charts “If you shut up truth and bury it under the ground, it will but grow, and gather to itself such explosive power that the day it bursts through it will knock down everything that stands in its way.” Gold and silver rallied sharply...
Gold Forecasts Split at $10,000 and $1000 as ETFs Sell, Central Banks Buy, Indian Dealers Cleaned Out BullionVault gives private investors around the world access to the professional bullion markets. You can benefit from the lowest costs for buying, selling and storing...
US Mint Sales of Gold Coins Hit 3-Year High Sales of gold coins by the U.S. Mint are heading for the highest total since December 2009 after prices in New York had the worst two-day slump in three decades. As of Wednesday, sales totaled 196,500 ounces, up from 62,000...
Portfolio Manager Greg Orrell: ‘My Belief in Gold Has Not Wavered’ After the extreme volatility of gold in the last few weeks, OCM Gold Fund Manager Greg Orrell is more convinced than ever of the necessity of owning gold assets. In this interview with The Gold Report,...
Former US Treasury Official – Fed Desperate To Stop Collapse Today King World News was given exclusive permission to publish an extraordinary piece by former US Treasury Official Dr. Paul Craig Roberts, which warns that the Fed is now acting out of desperation in an...
“Panic” For Physical Gold Spreads To UK Where Royal Mint Sales Of Gold Coins Triple Following the entire “developing” world (where faith in paper money “backed” by $1 quadrillion in derivatives is at times questioned, and instead the people, for some...
Nokia Lumia 720 tops Samsung’s Galaxy range: ReportsNokia seems to doing quite well in India with its Lumia range of phones slowly carving out a niche for themselves. Its latest launches like the Lumia 520, Lumia 620 and Lumia 720 are doing quite well in their respective...
In theory, public finance statistics ought to be pretty simple: they are, after all, merely a ledger of how much the Government has raised in taxes, how much it has spent and how much it has borrowed in a given...
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Asians Drive Gold Demand To 30 Year High Today’s AM fix was USD 1,417.25, EUR 1,091.70 and GBP 931.05 per ounce. Yesterday’s AM fix was USD 1,425.00, EUR 1,092.54 and GBP 935.04 per ounce. Cross Currency Table – (Bloomberg) Gold climbed $24.50 or 1.75%...
Jim Sinclair’s Blockbuster/Gold and silver raid today Gold closed down $12.40 to $1408.60 (comex closing time). Silver fell by 51 cents to $22.81 (comex closing time). As I promised you, the chances for a raid were very high due to the falling gold and...