Tag Archive: Gold

The Truth About Bundesbank Repatriation of Gold From U.S.

2017-08-26

Bundesbank has completed a transfer of gold worth €24B from France and U.S. Germany has completed domestic gold storage plan 3 years ahead of schedule. In the €7.7 million plan, 54,000 gold bars were shipped and audited.

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Precious Metals Supply and Demand Report

2017-08-23

by Keith Weiner

2017-08-23

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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U.S. Treasury Secretary: I Assume Fort Knox Gold Is Still There

2017-08-23

by Jan Skoyles

2017-08-23

US Treasury Secretary Steve Mnuchin visits Fort Knox Gold Later tweeted ‘Glad gold is safe!’ Only the third Treasury Secretary to visit the fortified vault, last visit was 1948

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Global Asset Allocation Update: No Upside To Credit

2017-08-21

by Joseph Y. Calhoun

2017-08-21

There is no change to the risk budget this month. For the moderate risk investor, the allocation between risk assets and bonds is unchanged at 50/50. There are other changes to the portfolio though so please read on. As I write this the stock market is in the process of taking a dive (well if 1.4% is a “dive”) and one can’t help but wonder if the long awaited and anticipated correction is finally at hand.

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FX Weekly Preview: Transitioning to a New Phase

2017-08-21

by Marc Chandler

2017-08-21

Jackson Hole marks the end of the investors' summer and a beginning of a challenging several weeks. The abandonment of national business leaders from Trump's advisory board and strong words by Republican Senator Corker, followed by the dismissal of the controversial Bannon, could be a turning point. Neither Yellen nor Draghi may not even address the current policy stance as they discuss the topic at hand, "Fostering Dynamic Global Economy", which...

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Gold Hedges USD Devaluation, Rise in Oil, Food and Cost of Living Since 1971 – Must See Charts

2017-08-19

by Jan Skoyles

2017-08-19

Gold hedges massive ongoing devaluation of U.S. Dollar. 46th anniversary of ‘Tricky Dicky’ ending Gold Standard (see video). Savings destroyed by currency creation and now negative interest rates. Long-term inflation figures show gold a hedge against rising cost of fuel, food and cost of living. $20 food and beverages basket of 1971 cost $120.17 in 2017.

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Bitcoin Has No Yield, but Gold Does – Precious Metals Supply and Demand Report

2017-08-17

by Keith Weiner

2017-08-17

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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Bi-Weekly Economic Review: Ignore The Idiot

2017-08-15

by Joseph Y. Calhoun

2017-08-15

Of the economic releases of the past two weeks the one that got the most attention was the employment report. That report is seen by many market analysts as one of the most important and of course the Fed puts a lot of emphasis on it so the press spends an inordinate amount of time dissecting it.

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The West lost at least another 1000 tonnes of large gold bars in 2015

2017-08-14

by Ronan Manly

2017-08-14

Over the last number of years, one of the most interesting trends in the physical gold world is the ongoing conversion of large 400 ounce gold bars into smaller high purity 1 kilogram gold bars to meet the insatiable demand of Asian gold markets such as China and India.

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Bitcoin Forked – Precious Metals Supply and Demand Report

2017-08-08

by Keith Weiner

2017-08-08

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 Consolidates On 2.5percent Gain In July After Dollar Has 5th Monthly Decline

2017-08-06

by Mark O'Byrne

2017-08-06

Gold consolidates on 2.5% gain in July as the dollar has fifth monthly decline. Trump administration and vicious “civil war” politics casting shadow over America and impacting dollar. All eyes on non farm payrolls today for further signs of weakness in U.S. economy. Gold recovers from 1.7% decline in June as dollar falls. Gold outperforms stocks and benchmark S&P 500 YTD.

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Estimated Chinese Gold Reserves Surpass 20,000t

2017-08-02

by Koos Jansen

2017-08-02

Shanghai Gold Exchange Vaults, Jan 2009 - June 2017

My best estimate as of June 2017 with respect to total above ground gold reserves within the Chinese domestic market is 20,193 tonnes. The majority of these reserves are held by the citizenry, an estimated 16,193 tonnes; the residual 4,000 tonnes, which is a speculative yet conservative estimate, is held by the Chinese central bank the People’s Bank of China.

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Bi-Weekly Economic Review: Extending The Cycle

2017-08-01

by Joseph Y. Calhoun

2017-08-01

This economic cycle is one of the longest on record for the US, eight years and counting since the end of the last recession. It has also been, as almost everyone knows, a fairly weak expansion, one that has managed to disappoint both bull and bear.

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Bitcoin, Gold and Silver

2017-08-01

by Keith Weiner

2017-08-01

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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Gold A Good Store Of Value – Protect From $217 Trillion Global Debt Bubble

2017-07-30

by Mark O'Byrne

2017-07-30

‘Mother of all debt bubbles’ keeps gold in focus. Global debt alert: At all time high of astronomical $217 T. India imports “phenomenal” 525 tons in first half of 2017. Record investment demand – ETPs record $245B in H1, 17. Investors, savers should diversify into “safe haven” gold. Gold good ‘store of value’ in coming economic contraction.

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Gold Seasonal Sweet Spot – August and September – Coming

2017-07-27

by Mark O'Byrne

2017-07-27

Gold seasonal sweet spot – August and September – is coming. Gold’s performance by month from 1979 to 2016 – must see table. August sees average return of 1.4% and September of 2.5%. September is best month to own gold, followed by January, November & August.

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Against Irredeemable Paper – Precious Metals Supply and Demand

2017-07-26

by Bron Suchecki

2017-07-26

Something needs to be said. We are against the existence of irredeemable paper currency, central banking and central planning, cronyism, socialized losses and privatized gains, counterfeit credit, wealth transfers and bailouts, and welfare both corporate and personal.

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Le prix de l’or est manipulé. Egon von Greyerz

2017-07-26

by Liliane Held-Khawam

2017-07-26

La léthargie estivale des marchés a tendance à insuffler un sentiment de fausse sécurité. Les actions et l’immobilier approchent de leurs plus hauts historiques, les taux d’intérêt sont à un plus bas de 72 ans, et la plupart des investisseurs se sentent plus riches que jamais. Les banques centrales envoient les signaux d’économies fortes en annonçant des hausses de taux et une réduction de leurs bilans.

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Did The Dutch Central Bank Lie About Its Gold Bar List?

2017-07-25

by Koos Jansen

2017-07-25

The-Netherlands-Official-Gold-Reserves-Locations

Head of the Financial Markets Division of the Dutch central bank, Aerdt Houben, stated in an interview for newspaper Het Financieele Dagblad published in October 2016 that releasing a bar list of the Dutch official gold reserves “would cost hundreds of thousands of euros”. In this post we’ll expose this is virtually impossible – the costs to publish the bar list should be close to zero – and speculate about the far reaching implications of this...

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Bank Of England Warns “Bigger Systemic Risk” Now Than 2008

2017-07-21

by Jan Skoyles

2017-07-21

Bank of England warn that “bigger systemic risk” now than in 2008. BOE, Prudential Regulation Authority (PRA) concerns re financial system. Banks accused of “balance sheet trickery” -undermining spirit of post-08 rules. EU & UK corporate bond markets may be bigger source of instability than ’08. Credit card debt and car loan surge could cause another financial crisis. PRA warn banks returning to similar practices to those that sparked 08 crisis....

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