Monday, June 26th, 2017 MST

Category: Gold

The death of a dinosaur

Friday, March 20, the nearly 100-year old manually done London gold fix will end, replaced by an electronic version.  The question is will the new method result in a more transparent London fix or will it be a continuation of the same old game.

The Ukrainian conflict and gold prices

Reports abound that Tuesday’s (Sept. 2) drop in the price of gold was due to a ceasefire between Ukraine and separatist forces, or whatever you wish to call them.  Russian proxies–even Russian soldiers–would be more accurate. It is unlikely that any resolution to the Ukrainian conflict will please the West.  Vladimir Putin holds all the

$50,000 gold?

Jim Sinclair recently predicted $3,200 – $3,500 gold by 2020 and  “emancipated gold” hitting $50,000.  Because of Sinclair having made some really accurate calls in the past, his prediction caused quite a stir in the gold community.  Even Ron Paul commented and gave reasoning why Sinclair’s predication is not preposterous.

Gold/silver move east

As has been noted on this blog over the last three years, physical gold and silver are “moving east,” that is, going to Asia. To further support this position, a Singapore retailer of coins and bars announced the opening a 600-ton silver vault, with capacity to hold $390 million in silver at current prices.  This

Gold up, stocks down on China fears

For years, reports that China’s banking system is at risk mostly have been ignored. Now, though, investors are listening as Chinese officials have admitted to problems in the Chinese banking system and its economy. From March 14’s Financial Times: China warning on defaults sparks fears over growth Bad debts on rise * ‘Lehman moment’ concerns

Page 5 of 17« First...34567...10...Last »