silver investor.com, Published on Jan 30, 2015
This week’s Market Wrap Podcast with David Morgan of the Morgan Report. David gives us a sneak peak about what to expect in the gold and silver markets this year, and the likelihood gold and silver will reassert themselves as money in the face of a potential […]
gata.org / By Henry Sanderson / Thursday, January 29, 2015
Russia accounted for about one-third of central banks’ gold purchases last year as the country spent more on the metal than at any time since the break-up of the Soviet Union amid escalating tensions with the west and a collapse in the value of […]
profitconfidential.com / By Moe Zulfiqar BAS / January 29, 2015
As it stands, we are seeing wild swings in the currency markets. The only currency that’s performing well is the U.S. dollar. Other currencies, like the Canadian dollar, euro, Japanese yen, Australian dollar, and British pound, are in a definitive downtrend. The Swiss franc […]
zerohedge.com / by Tyler Durden / 01/29/2015 07:47 -0500
For those keeping track of currency wars around the globe, 2015 – a year in which two central banks, those of Switzerland and Singapore have already admitted defeat, is shaping up as nothing short of historic. As DB’s summarizes: just about 31 countries have, in less […]
kingworldnews.com / January 28, 2015
Today billionaire Eric Sprott warned King World News that as entities are being wiped out overnight, Western central banks are nearing the point of total surrender. This interview takes a trip down the rabbit hole of desperate central banks coming to the realization that it’s nearly game over.
gata.org / CHRIS POWELL / January 28, 2015
Dear Friend of GATA and Gold:
At the New Orleans Investment Conference in October, Casey Research founder Doug Casey declared that central bank interventions in markets are irrelevant, as are central banks themselves. But in an interview with Dennis Miller, editor of the Casey Research newsletter Miller’s […]
gata.org / By Sharon Chen / 2015-01-28 13:19
By Sharon Chen Bloomberg News Wednesday, January 28, 2015
SINGAPORE — Singapore unexpectedly eased monetary policy, sending the currency to the weakest since 2010 against the U.S. dollar as the country joined global central banks in shoring up growth amid dwindling inflation.
The Monetary Authority of […]
gata.org / By CHRIS POWELL / 2015-01-27 19:33
Dear Friend of GATA and Gold:
In an essay headlined “Decoding the Gold COTs: Myth vs. Reality,” market analyst Dan Norcini notes that futures markets have a huge influence on commodity prices and that market participants often place trades there first in anticipation of placing trades in […]
charleshughsmith.blogspot.com / CHARLES HUGH SMITH / TUESDAY, JANUARY 27, 2015
As the dollar soars, so does the real yield on bonds denominated in dollars.
As central banks rush to depreciate their currencies and push yields into negative territory, what’s becoming scarce globally is real yield in an appreciating currency.Real yield is yield adjusted for […]
truthingold.com / Dave in Denver / January 28, 2015 at 10:18
Russia increased its gold holdings for a ninth month, International Monetary Fund data show.
Russia, with the fifth-biggest hoard, held 38.8 million ounces last month, the most in at least two decades, data on the IMF’s website showed.
Central banks globally are adding […]
schiffgold.com / BY MIKE FINGER / JANUARY 27, 2015
Russia has added more gold to its foreign reserves, making December the ninth month in a row that it has bought the yellow metal. Russia’s gold holdings are now the largest they’ve been in two decades, according to the International Monetary Fund.
The Netherlands also joined […]
davidstockmanscontracorner.com / By Leslie Shaffer at CNBC / January 27, 2015
Economists may teach that low prices and declining demand encourage producers to decrease supply, but the iron ore industry appears to have skipped class that day.
“The combination of a further increase in global iron ore supply this year and only subdued demand […]
news.goldseek.com / By Graham Summers / 27 January 2015
For over 30 years, sovereign nations, particularly in the West have been buying votes by offering social payments in the form of welfare, Medicare, social security, and the like.
When actual bills came due to fund this stuff, Governments quickly discovered that current tax revenues […]
goldcore.com / By GoldCore Research / January 27, 2015
Russia and surprisingly the Netherlands were the largest central bank buyers in December – accumulating a significant 30.34 tonnes between them as currency wars intensify. Demand for gold as a diversification and monetary asset continues to be very robust and central banks remain net buyers of […]
davidstockmanscontracorner.com / by David Stockman • January 26, 2015
We can heartily praise Alexis Tsirpras for calling bull on the destructive puzzle palace economics thrust on his country by the hypocrites and liars who rule from Brussels. And his finance minister designate, economist Yanis Varoufakis, is surely on the right track when he targets the […]
davidstockmanscontracorner.com / By Michael Pento / January 26, 2015
The fear of deflation has become the cornerstone of Keynesian economic thought. A lack of inflation has been used to explain periods of economic weakness from the Great Depression of the 1930’s, to the Great Recession 2008-2009. And now, that philosophy has been adopted as gospel […]
zerohedge.com / Submitted by John Hussman via his Weekly Market Comment / 01/26/2015 10:06
Last week, the ECB announced that it will begin a new program of quantitative easing on March 15 – a delay that allows plenty of time for various rugs to be pulled out, if the experience of recent years is informative. […]
acting-man.com / Pater Tenebrarum / January 26, 2015
Getting Short Term Overbought
Here is a brief technical and positioning update on gold. In euro terms, gold has just experienced a scorching rally – as a result, the previously discussed resistance levels in gold’s dollar price have been overcome as well. However, gold seems now […]
paulcraigroberts.org / Paul Craig Roberts / January 25, 2015
When the former Goldman Sachs executive who runs the European Central Bank (ECB) announced that he was going to print 720 billion euros annually with which to purchase bad debts from the politically connected big banks, the euro sank and the stock market and Swiss france […]
zerohedge.com / by Tyler Durden / 01/26/2015 08:01 -0500
We’ve heard it all: snow, cold weather, hot weather, non one-time recurring, “one-time, non-recurring” charges, and even Bush. But when it comes to “excuses” for why one is wrong, this morning Goldman’s note “Central banks stall a more bearish gold outlook” absolutely takes the cake.