Author Archive: Grant Williams

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The Day People Will Need Insurance, Gold Will Not Trade At $1200

The Day People Will Need Insurance, Gold Will Not Trade At $1200

Say what you want about the gold price languishing below $1200, and say what you want about the technical picture or the “6,000-year bubble,” as Citi’s Willem Buiter recently termed it; but know this: gold is an insurance policy and the time to assess gold is when people have a sudden need for insurance. When that day comes — and believe me, it’s coming — the price will be the very last thing that matters. It will be purely and simply a matter of securing possession and at any price. That price will NOT be $1200. A “run” on the gold “bank” would undoubtedly lead to one of those Warren Buffett moments when a bunch of people are left standing naked on the shore.

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Placeholder Gold vs Physical Gold – Spot The Massive Disparity

Placeholder Gold vs Physical Gold – Spot The Massive Disparity

The following is an excerpt from Grant Williams his latest report, in particular his analysis on the gold market: East vs West, physical gold vs “placeholder” gold. A massive disparity in appetite for “placeholder gold” is just one side of the coin, however; and India is just one of the Eastern countries that has been soaking up copious amounts of physical gold in recent months.

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Grant Williams about QE3, Central Planning and Gold

| September 6, 2012 | Articles: Experts Talk

QE3 is coming folks. Maybe not quite yet, but soon and when it does, it will be a coordinated blitz between the Fed, the ECB, the BoE and the PBOC with the BoJ tagging along because… well, why not? Not only will it be coordinated, but it will be gigantic. It’s really all they have left now. The fear of falling that surrounds deflation has paralyzed the world for the last four years and drastic measures have been taken to stave off that which central planners fear the most. Lately, the big problem the world has faced has been Europe’s unwillingness to get its head out of its a** come […]

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