Rigged Gold Market, a Secret Payoff to China
As Italian and Spanish 10-year note yields breakout to ‘engine light’ levels of more than 6 and 7 percent, respectively, the China-led BRICS announced at the G-20 in Mexico an … Read More
Category: Gold Futures
Marc Faber on Gold, Stocks & QE3
As the global financial crisis accelerates in the fourth quarter following revised economic data revealing a high probability of another recession in Europe and the United States (see BER article … Read More
WikiLeaks Exposes Germany’s Euro Exit, Gold, Diamonds, Oil to Soar
It’s the German way or the highway in the eurozone, according to the latest hot cable released by WikiLeaks. U.S. ambassador to Germany, Philip Murphy (Goldman Sachs alumnus), issued cable … Read More
Silver Price: “10-bagger” from here
Cazenove Capital’s Robin Griffiths believes that when the ‘big reset’ finally comes to the global financial system, the price of silver in today’s dollars could reach a ten to twenty … Read More
Trimmed Production Forecast outshines Tripled Profit; IAMGOLD takes a Tumble
Despite hefty gains in after-hours trading that hinted at a day of gains for IAMGOLD Corp. (NYSE: IAG), shares of the company dropped 7% today, a morning after the company … Read More
Gold: Bull Market Madness or Blow-off Top?
Gold has been on a short crushing bullish run since the first of July. A technical dip below the 50-day simple moving average in mid June triggered many traders to … Read More
$100 Silver in 6 Months, says $9B Sprott Asset Management
Here we go again. Silver is on the move in chunks of up to 7% moves to the upside, yesterday, and as high as another 3.4% in European trading this … Read More
Gold market: Pan-Asia Gold Exchange IS a Game-changer
Andrew Maguire’s assertion that China’s Pan-Asia Gold Exchange will wrest power away from the JP Morgan bullion market suppression scheme is already under attack. Maguire, the so-called “whistleblower” who alerted … Read More
Latest Gold Market Shocker: India’s Gold and Silver Imports soar 500%
Recently published data about India imports of gold and silver shocked analysts Monday after India’s commerce and industry minister Anand Sharma released trade figures for the month of May. Those … Read More