RSSCategory: Articles: General

Russian Gold Reserves Grow Again In April 2013

Russian Gold Reserves Grow Again In April 2013

31.8 million troy ounces. That is the number of physical gold that the Russian central bank is holding at the end of April 2013. The Russian central bank just published their latest figures. Russis has added some 200,000 troy ounces of gold to their reserves. In less than 7 years, the Russian gold holdings have risen almost threefold. New holdings have been added in an accelerated way in 2009 and 2010, after which the growth has been steady.

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Precious Metals – Historically The Regulator Protected Trading

Precious Metals – Historically The Regulator Protected Trading

Now the gold and silver futures markets are not being used for their original purpose, but are being used to manipulate prices by some entity that does not want to see prices of precious metals move higher. It is widely known that central banks and other major financial institutions have been manipulating Libor, bonds, equities as well as the foreign exchange market. So, it is absolutely plausible that they are manipulating precious metals, in particular gold and silver. What does this mean for investors?

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The Strength In The Dollar Is Hard To Ignore

| May 21, 2013 | Articles: General
The Strength In The Dollar Is Hard To Ignore

If this does end up being the start of a new Investor Cycle, then we won’t know for sure until the next Daily Cycle. The next dollar Daily Cycle should top very early and form Left Translated. If however it goes on to make new IC highs then it will almost certainly be the 2nd Daily Cycle of a young Investor Cycle. If this occurs, then gold will also form Left Translated and drop again, likely making yet another deeper low in June.

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Global Government Debt Is Already 80% Of Global GDP

Global Government Debt Is Already 80% Of Global GDP

An important figure from these data is the $55.7 trillion representing government debt. As discussed above, the government debt worldwide is already 80% of the global GDP. The global governmental debt level is ridiculously high and close to a system problem even from a global point of view. This is related to gold in a direct way. The bigger the debt problem, the higher the counterparty risk, the higher the value of physical gold.

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Gold Demand In India & Dubai Surged Spectacularly in April 2013

Gold Demand In India & Dubai Surged Spectacularly in April 2013

According to Mineweb gold imports to India “jumped by 138% in April to $7.5 billion, massively pushing up the trade deficit. In another gold center the East, Dubai, various estimates suggest that demand in the past few weeks has been nothing short of astronomical, surging by 10 times the normal demand. Interestingly, as visualized by Zerohedge, the ETF continues its decline while the gold price has stopped its decline.

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A New Chapter In Currency Wars – Russia Joins The Game

| May 14, 2013 | Articles: General
A New Chapter In Currency Wars – Russia Joins The Game

The latest participant in the game is Russia. Not coincidentally is it the next country in the BRICS complex, one that was hit particularly because of the measures in Cyprus. The message from the BRICS appears to be very clear: the urgent dismantle of the dollar system.

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Write Gold Mining’s Next Chapter by Supporting the Gold Method

Write Gold Mining’s Next Chapter by Supporting the Gold Method

The Gold Method Documentary will be a combination of popular Discovery Channel shows “Gold Rush” and “How It’s Made,” with an extra twist of a new and innovative gold mining process created by Norr himself. The documentary will feature a variety of topics that will appeal to anyone and everyone who is interested in gold mining. In order to produce the documentary, Norr needs your help.

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China Accelerates Gold Accumulation

China Accelerates Gold Accumulation

As far as the first three months of 2013 concerns, China’s gold usage mounted to 320 tonnes. That figure is a combination of the Chinese production and the import from Hong Kong. The incredible spike came in the month of March. China’s net gold inflows from Hong Kong rose to 223.519 tonnes.

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Our Current Financial System Is So Toxic, A Collapse Is Imminent

Our Current Financial System Is So Toxic, A Collapse Is Imminent

If you get my message, then you will see how important it is to own some physical gold and silver. In the long-term, they will prove, once again, to be an effective preserver of wealth. Take advantage of the current low prices.

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Why Did The US & The World Leave The Gold Standard?

Why Did The US & The World Leave The Gold Standard?

In a short educational video message, Professor White answers the question “why isn’t there any more in the US?” The truth of the matter is that the fate of the dollar rests with a handful of political appointees. Mr. White asks the question under which system the quantity and purchasing power of money are more stable. The answer to that question: gold and silver standards have dramatically outperformed fiat standards around the world in providing stable currency.

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Economist Sachs: The Amount Of Financial Fraud Is Enormous

Economist Sachs: The Amount Of Financial Fraud Is Enormous

Columbia Economist Dr. Jeffrey Sachs speaks to the Philadelphia Fed. This is his brief message: We are beyond the macro economics right now. We are to a level of legal accountability, tax regulation, transparency and a basic sense of fairness. We do not have it right now. Wall Street is pretty lawless and unfortunately the regulatory system that we have is nearly broken down.

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Quantitative Easing is a HEAVY Load

Quantitative Easing is a HEAVY Load

Our current Quantitative Easing process is creating about $85,000,000,000 in digital currency each month, or about $1 Trillion per year. About half a century ago we could buy a cup of coffee for $0.15, gasoline for $0.19 and a new car for under $2,000. What changed was the value of the money. We increased spending, budget deficits, national debt, and the money in circulation, and prices increased as a result.

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Arizona Governor Vetoes The Gold & Silver Legal Tender Bill

Arizona Governor Vetoes The Gold & Silver Legal Tender Bill

While we reported earlier this week that Arizona was as good as ready to adopt gold and silver as legal tender, after the Senate voted 18-10, it now appears that Arizone Governor Jan Brewer vetoed. In this short article we publish the letter that the Governor has written in which he explains his veto.

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Continuing Low Interest Rates In The US, Europe Joins The Party

Continuing Low Interest Rates In The US, Europe Joins The Party

ECB President Mario Draghi today cut its benchmark refinancing rate to a record low 0.5%. Based on official inflation rates, holding government bonds in large economies yields a negative return on 2, 5 and 10 years. Based on the unofficial inflation rate, bond holders are literally throwing away their money. So who said that gold is a worthless investment because it does not pay an interest?

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