Category Archive: 6a) Gold and its Price

Main Author Keith Weiner
Keith Weiner
Keith Weiner is president of the Gold Standard Institute USA in Phoenix, Arizona, and CEO of the precious metals fund manager Monetary Metals.
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Love him or Hate him: Trump is the Revolution Against the Establishment

2016-11-24

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2016-11-24

The 2016 U.S. presidential elections are unprecedented: I don’t believe we have ever witnessed before a campaign year so toxic, so dangerously divisive and full of ad hominem attacks. Both camps have vilified the opposition and their followers, creating a schism in society. There has been no rational dialogue on the issues that truly concern the American public.

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Gold Bull Market Remains Intact – Long Term Fundamentals Outweigh Short Term Market Gyrations

2016-11-22

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2016-11-22

Kool-AID
In early 2016 gold had a big bull run. The precious metal rose close to 25% this year, pushed higher in a summer rally that peaked on July 10th. Gold experienced a bumpy ride over the remainder of the summer though, as investors became increasingly concerned about a potential rate hike by the Federal Reserve. Uncertainty returned to gold market and has intensified further since then.

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The Dollar Is Rising – Precious Metals Supply-Demand Report

2016-11-21

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2016-11-21

The Gasp Dollar
Keith Weiner's weekly look on Gold. Gold and silver prices, Gold-Silver Price Ratio, Gold basis and co-basis and the dollar price, Silver basis and co-basis and the dollar price.

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European Central Bank gold reserves held across 5 locations. ECB will not disclose Gold Bar List.

2016-11-17

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2016-11-17

Eurozone
The European Central Bank (ECB), creator of the Euro, currently claims to hold 504.8 tonnes of gold reserves. These gold holdings are reflected on the ECB balance sheet and arose from transfers made to the ECB by Euro member national central banks, mainly in January 1999 at the birth of the Euro. As of the end of December 2015, these ECB gold reserves were valued on the ECB balance sheet at market prices and amounted to €15.79 billion.

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Gold – Eerie Pattern Repetition Revisited

2016-11-16

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2016-11-16

Croesus
Ask and ye shall receive… we promised we would update the comparison chart we last showed in late November in an article that kind of insinuated that it might be a good time to buy gold and gold stocks (see: “Gold and Gold Stocks – It Gets Even More Interesting” for the details). We are hereby delivering on that promise.

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Gold Price Skyrockets in India after Currency Ban – Part II

2016-11-16

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2016-11-16

Fakes
Here is a link to Part 1, about what happened in the first two days after India’s government made Rs 500 (~$7.50) and Rs 1,000 (~$15) banknotes illegal. They can now only be converted to Rs 100 (~$1.50) or lower denomination notes, at bank branches or post offices. Banks were closed the first day after the decision. What follows is the crux of what has happened over the subsequent four days.

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Precious Metals – Backwardation Profit Taking

2016-11-14

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2016-11-14

December Gold
Keith Weiner's weekly look on Gold. Gold and silver prices, Gold-Silver Price Ratio, Gold basis and co-basis and the dollar price, Silver basis and co-basis and the dollar price.

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Gold Price Skyrockets in India after Currency Ban

2016-11-10

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2016-11-10

Google Search by Indian
As I write this in the morning of 9th November 2016, there are huge lines forming outside gold shops in India — and gold traded heavily until late into the night yesterday. Depending on who you ask, the retail price of gold has gone up between 15% and 20% within the last 10 hours.

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Gold Surges Post-Trump, Nears Heaviest Volume Day Ever

2016-11-09

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2016-11-09

Gold Flash Crash
Gold futures had their heaviest day of trading during April 2013 when a mysterious flash crash sent the precious metal collapsing with no clear fundamental/news catalyst. In June, Brexit sparked massive volume buying in the barbarous relic, but overnight, as a Trump victory became more and more of a reality, gold futures are approaching their busiest day ever.

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Stock Market Volatility, Gold and the Election

2016-11-08

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2016-11-08

Comey and the Trio Infernal
Before this Monday, the S&P 500 Index went down nine days in a row. While this was almost unprecedented (or in any case, a very rare event) the decline was quite small overall. The timing of the pullback and the subsequent strong rebound on Monday suggests that Mr.

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Gold Always Wins

2016-11-08

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2016-11-08

Gold Coins Money
Keith Weiner's weekly look on Gold. Gold and silver prices, Gold-Silver Price Ratio, Gold basis and co-basis and the dollar price, Silver basis and co-basis and the dollar price.

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Gold: The Kardashian of Commodities?

2016-11-07

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Is Gold the “Kardashian” of Commodities? Double Down asks Jan Skoyles, of www.Goldcore.com, if there is enough gold in the world to hedge against a President Trump. U.S. Election – Trump and Clinton most hated Presidential candidates in history. Goldman Sachs says that gold is a ‘good hedge against politicians’.

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Argor-Heraeus: Another giant Swiss gold refinery goes on the Sales Lot

2016-11-03

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2016-11-03

Fine gold
News has just emerged in the gold market that the giant Swiss precious metals refiner Argor-Heraeus has held discussions to be acquired, and that the likely outcome is an acquisition by a private equity group. This private equity group is believed to be London-based WRM CapInvest, part of Zurich headquartered WRM Capital.

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The Clinton-Comey Effect

2016-11-01

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2016-11-01

Keith Weiner's weekly look on Gold. Gold and silver prices, Gold-Silver Price Ratio, Gold basis and co-basis and the dollar price, Silver basis and co-basis and the dollar price.

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Central Bank Austria Claims To Have Audited Gold at BOE. Refuses To Release Audit Report

2016-10-27

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2016-10-27

After years of gradually securing its official gold reserves (unwinding leases) the central bank of Austria claims to have completed the audits of its 224 tonnes of gold stored at the BOE. However, it refuses to publish the audit reports and the gold bar list. What could possibly be so sensitive to hide from public eyes?

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If You Can’t Touch It, You Don’t Own It

2016-10-24

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2016-10-24

The pending Brexit has, not surprisingly, caused a shakeup in the investment world, particularly in the UK. Of particular note is that, recently, asset management firms in Britain began refusing their clients the right to cash out of their mutual funds. Of the 35 billion invested in such funds, just under £20 billion has been affected.

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Wile E. Coyote Gravity Lessons

2016-10-24

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2016-10-24

Keith Weiner's weekly look on Gold. Gold and silver prices, Gold-Silver Price Ratio, Gold basis and co-basis and the dollar price, Silver basis and co-basis and the dollar price.

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The Great Physical Gold Supply & Demand Illusion

2016-10-21

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2016-10-21

Numerous consultancy firms around the world, for example Thomson Reuters GFMS, Metals Focus, the World Gold Council and CPM Group, provide physical gold supply and demand statistics, accompanied by an analysis of these statistics in relation to the price of gold. As part of their analysis the firms present supply and demand balances that show how much gold is sold and bought globally, subdivided in several categories. It’s widely assumed these...

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A Looming Banking Crisis – Is a Perfect Storm About to Hit?

2016-10-20

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2016-10-20

Andy Duncan of FinLingo.com has interviewed our friend Claudio Grass, managing director of Global Gold in Switzerland. Below is a transcript excerpting the main parts of the first section of the interview on the problems in the European banking system and what measures might be taken if push were to come to shove.

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Is the Gold Bull Market Over?

2016-10-17

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2016-10-17

ABN Amro, Natixis and Wells Fargo have issued bearish calls on gold. Natixis even expects three Fed rate hikes next year. Pater Tanebrarum discusses these opinions critically.

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