Update: On Friday April 26, JPM customers (US government??) added a whopping 558 contracts (55,800 troy oz.) to the totals reflected in this article. The CME group daily report can be found here, but note, these daily reports go into Never-neverland when the new one comes out (so save it if you want it for […]
Tag Archives: Gold
From Economic collapse blog Somebody out there is sure getting prepared for something really big. We have just witnessed a takedown of gold and silver unlike anything that we have witnessed in decades. On Monday, the price of gold had fallen by more than 10 percent at one point. It shocked investors all over the […]
I’m sure the MSM will have a field day demonizing Hugo Chavez over the next couple of months as the man himself is no longer there to defend himself but for today the world remembers all of Hugo Chavez it seems. I think that the oppressed, the poor and many Latin Americans will remember Hugo […]
Money is a scam designed to steal your time and freedom and here is why: Oh, and I don’t necessarily subscribe to the idea that gold is the only form of money but it is an interesting doco never the less and yes the collapse will come to New Zealand too!!!
With the situation in Mali quickly spiraling out of control with several Americans kidnapped by “Mali rebels” in Algeria and the French sending an additional 250o soldiers to the front lines which I might add indicate a premeditated attack on Mali, and the US becoming involved I thought you might like to know what this […]
Just in case anybody can tell me; does New Zealand have it’s own gold in some vault somewhere and if so where? Yesterday the Bundesbank announced it would repatriate all of it’s considerable gold stock back from France and some of it’s gold from New York. As far as I am concerned this is huge […]
A Dutch news paper reported only 11% of Dutch owned gold is actually in the vaults of the DCB (Dutch Central bank) according to answers from the finance minister after worried MP’s wanted to know what actually happened to our gold. It also reported that little over half of the gold is under the Federal […]
On an almost daily base stories about Tungsten salted Gold are appearing on, if not the mainstream media outlets, high profile financial blogs and websites of financial pundits. Tungsten which the same weight as gold but costs a fraction of the price of gold has been found inside gold bars over the last few months […]
HAHAHAHAHAHAHAHAHAHAHaaaaa (hollow evil laughter) The hurricane water surge has come and gone, devastating downtown New York, but one place, the one that represents the deepest hole burrowed south of Houston street and literally lies on the New York bedrock 80 feet below street level, is safe and sound. The place, of course, is where over […]
Well… As they say in the US: possession is 9/10ths of the law so good luck with that! In perhaps the biggest story in gold since Hugo Chavez sent shockwaves throughout the gold market in mid 2011 (and propelled gold up $300 to a record $1915), the Federal Accountability Office has ruled that the Bundesbank must […]
Keep an eye on this because this goes to the heart of the belief that gold and silver are the only real lasting forms of currency. A few days ago, our report on the discovery of a single 10 oz Tungsten-filled gold bar in Manhattan’s jewelry district promptly went viral, as it meant that a […]
If I promised to sell my car to ten buyers and collected their money you would think I was a crook right? If I was caught laundering drug money you’d probably expect me to go to jail right? Not if you are a bank. You can sell gold you don’t have and charge holding […]
Another reason for the powers that be to want to attack Iran, that and the fact that Ahmadinajad has announced not to be running in the next election doing away with the crazed dictator meme. Much has been spun in recent weeks to indicate that as a result of collapsing trade, Iran’s economy is in […]
The huge war thread to be played as and when the financial elite can no longer hide their epic malfeasance and they need a diversion is continuing to deteriorate. Here are some pointers: European countries have not agreed to and economic oil boycott. It will sign no more contracts with Iran and will break the […]
It remains unclear exactly why or how the Gadhafi regime went from “a model” and an “important ally” to the next target for regime change in a period of just a few years. But after claims of “genocide” as the justification for NATO intervention were disputed by experts, several other theories have been floated. Oil, […]
September 28 2011: A new milestone in corruption in the recent gold takedown, momentous psychological warfare being conducted in the markets, as well as with futures, derivatives, and options, calling a new bottom in the markets, Global systemic risk lurks around every corner, another liquidity crisis for Europe, shaky banks rattle the world economy. The […]
Chavez wants his countries gold delivered to his doorstep and has announced he will Nationalise the gold production putting him like Gaddafi before him on the international bankster’s hit list. Were is it now? In NY. That is, of course it’s not, it’s in the cellars of the Rockefellers and the Rothschilds and assorted hangers […]
Gold has reached a good base of $730 and it looks likely to break out of that negative trend, Robin Griffiths, technical analyst at Cazenove Capital, told CNBC. Griffiths sees the precious metal heading toward $1,500 in the next 12 months. Gold has been in a prime uptrend for a couple of years, but for […]
There is no other leveraged commodity market where short sellers increase their positions, materially, as the price rises, and increase them even more when prices are exploding, except gold and silver. The reason traders don’t normally do that is that it exposes short sellers to unlimited liability and risk. Yet, in both March and July […]
Professor Emeritus of Mathematics Antal E. Fekete says that December 2nd marked the beginning of the end for paper currencies and wealth based on such currencies: “It is no exaggeration to say that this event will trigger a tsunami wiping out the prosperity of the world.” What’s he babbling on about? Well, since at least […]
Economic experts have predicted that rampant inflation caused by government stimulus packages will soon take hold of the economy and force precious commodity prices to all time highs. Johann Santer, MD at Superfund Financial Hong Kong told CNBC that he expects to see gold climb from its current position at $710 to a whopping $1500-$2000 […]
Late last week, Rio Tinto (ASX: RIO) announced it was selling its 40% stake in the Cortez gold project in the U.S. state of Nevada to major gold producer Barrick Gold (NYSE: ABX) for US$1.7 billion. Barrick gets 4.6 million ounces of additional proved and probable reserves at Cortez, where it’s cash-cost of production is […]