RSSCategory: Articles: General

Official US Gold Audit – 12 Days Left To Sign The Petition

| January 27, 2013 | Articles: General
Official US Gold Audit – 12 Days Left To Sign The Petition

As reported earlier on this site, an official petition was launched on the website of the White House to have the US vaults audited. If there is one thing kept secret, then it is the amount of gold held by the US central bank. 25,000 signatures are needed by February 08, 2013 to validate the petition. The number of signatures currently is 6,600.

Continue Reading

Yen Gold All-Time High Driven By Monetary Stimulus

| January 26, 2013 | Articles: General
Yen Gold All-Time High Driven By Monetary Stimulus

The recent decision of the Japanese to inflate their economic growth is not an isolated decision. Japan is a closed market but they are not operating in a vacuum. The “unintended consequences” of their decision could reach to a global scale. In particular, the currency devaluation which is the result of the inflationary policy, is not exactly the type of outcome that the other economic powerhouses wished for. This brings the global currency war front stage globally.

Continue Reading

Truth About Money, Prosperity, Freedom: Today’s Top 10 News Stories

| January 26, 2013 | Articles: General

NEW: a daily selection of ten top stories on the web related to our core vision. Each story falls in one of the categories: the truth about money and banking, the debt crisis, resistance of people to see the truth, gold’s prospects, gold fundamentals. Visit this page on a daily basis to keep track with what exactly is going on in the world and learn about the truth (no half truths, no manipulated facts that mainstream media like to sell).

Continue Reading

Infographic Explains Bright Outlook For Palladium & Platinum – by Sprott

| January 23, 2013 | Articles: General
Infographic Explains Bright Outlook For Palladium & Platinum – by Sprott

Platinum and palladium are the less shiny precious metals. With most attention going to gold and silver, the PGM’s are less understood. This infographic shows some facts that everyone with an interest or involvement in precious metals should know about.

Continue Reading

Gold – The World’s Largest Short Squeeze Is Nearing?

| January 22, 2013 | Articles: General
Gold – The World’s Largest Short Squeeze Is Nearing?

Bloomberg reports that a Hong Kong based hedge-fund is converting one-third of its assets into PHYSICAL gold. It is not usual for a hedge fund to go outside the paper based trading business. More importantly, the fact that the investment company takes delivery of the metal ($35 million worth of gold bars) shows a growing distrust vis-à-vis paper investments and the exponentially expanding funny money base.

Continue Reading

SLV ETF Adds 571 Tonnes Of Physical Silver To Its Holdings

| January 20, 2013 | Articles: General
SLV ETF Adds 571 Tonnes Of Physical Silver To Its Holdings

Earlier this week, BlackRock reported that they added 571.63 tonnes of new physical silver backing to their popular silver ETF iShares Silver Trust (SLV). That is the largest one day addition since December 31, 2007. The bullion is held by the trust’s custodian in London. No explanation was given and experts do not real see the reasons for this important addition.

Continue Reading

Discussion About New Gold Standard Heating Up Online

| January 18, 2013 | Articles: General
Discussion About New Gold Standard Heating Up Online

A latest blog post on The Telegraph lays out that “the world is moving step by step towards a de facto Gold Standard.” The author points to several facts. In addition the latest evolution with Germany’s gold could be a real game changer. Jim Sinclair reacts publicly on the article.

Continue Reading

Germany’s Gold Is Coming Home – Facts & Opinions

| January 17, 2013 | Articles: General

The German Bundesbank published a press release yesterday in which they announce the start of the repatriation of their country’s gold. The Bundesbank plans to transfer 300 tonnes of gold from New York and all of its gold stored in Paris, 374 tonnes, to Frankfurt. By 2020, it wants to hold half of the nearly 3,400 tonnes of gold in Frankfurt, where it stores about a third of its reserves.

Continue Reading

Peter Schiff Reveals CPI Propaganda By Calculating Real Price Inflation

| January 16, 2013 | Articles: General
Peter Schiff Reveals CPI Propaganda By Calculating Real Price Inflation

Peter Schiff explains how the official price inflation measurement is not reflecting the daily reality. Our intuition already knew this but now it has also been proven statistically. Between 1970 and 1980 the officially reported CPI rose a whopping 112%, and prices of the anlayzed basket of goods and services rose by 117%, just a 4% faster than the CPI. In contrast between 2002 and 2012 the CPI rose just 27.5%. But the basket much faster, accounting for a 62% difference!

Continue Reading

2013 – Declining Wealth & Trust, Increasing Deficits

| January 14, 2013 | Articles: General

Author GE Christenson describes in this article his outlook for 2013, by simply looking at today’s reality. Obviously, no crystal ball is needed to come to the same conclusions, only some courage to look at the truth which is visible through the daily main stream “noise.” What we know for sure, is that a train wreck is in process. Time to protect your finances, investments, and retirement. The official numbers may not represent reality in 2013 and beyond.

Continue Reading

Global Gold Newsflash: Illinois To Start Tracking Gold Transactions

| January 13, 2013 | Articles: General

Last year the Illinois senate passed the “Precious Metal Purchasing Act.” It is likely just a matter of time until the act is approved. In essence, the bill obliges persons in the business of purchasing precious metals to obtain proof of ownership, create a record of sale and verify the identity of the seller. All payments have to be carried out electronically. Furthermore, all collected information has to be reported to the local law enforcement agency. At Global Gold, we have been warning for a while now about possible financial repression and confiscation measures by western governments. Read tips on how to protect your assets in case of a random confiscation.

Continue Reading

Gold Closer To Become Officially Money … Again

| January 13, 2013 | Articles: General

A new paper published by the Official Monetary and Financial Institutions Forum describes the gold is ready to become officially part of the monetary system … again. In order to stabilize the world monetary system, in the light of a deteriorating global currency war and the lack of a real alternative world reserve currency, gold is the only alternative currency that is ready to take on a leading role. One thing is for sure, it is the ONLY time tested currency as ALL paper based money systems have failed in history. Although the Renminbi is a candidate to play an leading role in the future, it is not ready to take up that role yet. Gold was money and gold continues to be money, although we temporarily somehow “forgot” in it in the West.

Continue Reading

Petition To Audit US Gold Vaults – Best Kept Secret To Be Revealed?

| January 12, 2013 | Articles: General

A petition was launched on the website of the White House to have the US vaults audited. If there is one thing kept secret, then it is the amount of gold held by the US central bank. It remains unknown to everyone how much gold really is present in the vaults, especially the US vaults that host gold of many countries worldwide. The US bullion was last subjected to a full physical audit in 1953.

Continue Reading

Michael Pento Sees Global Economies Deteriorating

In his weekly update, Michael Pento analyzed some important macro economic data globally. He came to the well known conclusion that economic conditions worldwide are deteriorating. In this article, you will read the latest macro economic data with Michael Pento’s interpretation.

Continue Reading