gata.org / By Deepshikha Sikarwa, The Times of India, Mumbai / 2014-10-19
Government to Re-Impose Gold Import Curbs to Check Trade Deficit
By Deepshikha Sikarwar The Times of India, Mumbai Monday, October 20, 2014
NEW DELHI — Barely months after gold import rules were eased, the government is looking to re-impose curbs as the [...]
gold-eagle.com / by Florian Grummes / October 19, 2014
In my last analysis from 7th of September I thought that Gold would hold up well above the US1,240.20 level. Obviously I was wrong as Gold had a terrible month and plunged all the way down to US$1,183.30. If you followed my recommended stop-loss swing [...]
armstrongeconomics.com / by Martin Armstrong / October 19, 2014
Arthur Burn’s testified before Congress on the economic crisis – the first to unfold in the new Floating Exchange Rate system that began in 1971. Keynesian Economics as practiced by government was dead anf taxes had risen to outrageous;y the 90% level until the first [...]
gata.org / By Rajalakshmi Nirmal via The Hindu / October 19, 2014
Nobody would laugh at the rupee anymore.
* * *
Is India Sitting on a Gold Mine?
An interview with Sandeep Lakhwara, managing director of Deccan Gold Mines
India has very large resources of gold, several geological studies say. One estimate (2005 study) [...]
gold-eagle.com / by Austin Galt / October 19, 2014
FRANCO-NEVADA CORP (FNV)
Franco-Nevada Corporation (FNV) is the Big Daddy of the Canadian gold market. It is listed on the Toronto Stock Exchange (TSX) with a market capitalisation of around CAD$7.8b. Its main interests are its North American gold assets but it is a truly global [...]
gold-eagle.com / by Jack Chan / October 18, 2014
COT data suggests a tradable bottom is not in yet for the metals.
arabianmoney.net / 19 October 2014
A round-up of diverse statements from professional investors by Bloomberg ‘Money Clip’. Host Adam Johnson reports on market volatility. That’s not the issue. You don’t need a Nobel Prize to know markets have been falling out of bed for the past couple of weeks.
However, what comes through in this [...]
gata.org / by cpowell / October 18, 2014
Dear Friend of GATA and Gold:
Sprott Asset Management CEO Eric Sprott, interviewed for the Sprott Money News weekly review, notes that the Ebola virus problem is far worse than government officials have said, that the world economy is too, that the monetary metals futures markets are [...]
edgetraderplus.com / October 18, 2014
Saturday 18 October 2014
Take heart PM community, your turn is coming. What is happening in the stock market is a harbinger of what is sure to come for gold and silver, at some point in the future. When? Ah, that elusive question the answer to which so many [...]
traderdannorcini.blogspot.com / Dan Norcini / October 17, 2014
With the kind of week we have just been through, it is certainly a relief to see a bit of “calm” coming back into the markets to close out this wild week. Drawing too many conclusions from the price action is probably not too wise given the [...]
goldsilverworlds.com / Hard Assets Alliance / October 17, 2014
Since writing last month that inflation was on the rise, things have taken an abrupt turn. Look at the deflationary actions that have recently taken place:
The US dollar has shot up The US bond market has rallied Precious metals prices have collapsed Base metal [...]
news.goldseek.com / By Jordan Roy-Byrne, CMT / 17 October 2014
Gold is currently getting a reprieve as it trades close to $1240 which is above important weekly support at $1200. It’s safe for the time being but we believe that Gold will ultimately break back below $1200 and below $1100 before the end of [...]
zealllc.com / Adam Hamilton / October 17, 2014
The world’s financial markets are changing dramatically with the Federal Reserve on the verge of ending its third quantitative-easing campaign. The Fed’s massive deluge of inflation drastically distorted markets, which are finally starting to normalize. The precious metals were crushed by the Fed’s artificial levitation [...]
jessescrossroadscafe.blogspot.com / 17 OCTOBER 2014
There is a steady drain of silver from the warehouses. Not large enough to matter, but a million ounces here, a million ounces there.
Let’s see if the precious metals can make that triple bottom stick, and break the downtrend.
Longer term it is all about the physical supply. [...]
gata.org / By Jan Harvey, Reuters / Friday, October 17, 2014
LONDON — Growth in gold mine output from No. 1 producer China is set to slow significantly in coming years in the face of declining ore grades and waning profitability, analysts Business Monitor International said on Friday.
Lower mine production will pave the way [...]
Gold COT Report – Futures Large Speculators Commercial Total Long Short Spreading Long Short Long Short 193,580 108,165 30,035 140,637 219,460 364,252 357,660 Change from Prior Reporting Period 19,505 537 3,028 -2,829 12,587 19,704 16,152 Traders 133 94 70 52 52 211 195 Small Speculators Long Short Open Interest 33,603 40,195 397,855 -1,936 1,616 [...]
gata.org / By Nicholas Larkin, Bloomberg News / Friday, October 17, 2014
LONDON — Intercontinental Exchange Inc., the London Metal Exchange, and CME Group Inc. and Thomson Reuters Corp. are among firms shortlisted to develop and run a replacement for the century-old London gold fixing benchmark.
Autilla Ltd. (Sapient) and EBS are also on the [...]
blog.milesfranklin.com / Miles Franklin, Ltd / October 17th, 2014
Miles Franklin hosted a Webinar moderated by Media Director Andy Hoffman featuring top minds in the silver research community. Panelists included David Morgan, Harvey Organ, Steve St. Angelo, and Bill Holter of Miles Franklin. They discussed supply/demand of gold and silver, mining production, oil prices, trading, [...]
goldcore.com / By Mark O’Byrne / 17 October 2014
Foreword We believe that the “Save Our Swiss Gold” campaign has the potential to be a game changer in the gold market – both in terms of the ramifications for the current global monetary system and in terms of higher gold prices.
There has been a [...]