News and Views

When and if the time comes when there is a 'run on the bullion banks', I would not be surprised to see forced cash settlements, and 'bail ins' involving even allocated receipts being taken.  Does this seem unlikely, improbable? MF Global.     More ››
2014/12/18 at 7:52pm
Via: Jesse’s Café Américain
Russian Official Gold Reserves
Today I was interview, together with Tuur Duurmeester, by Paul Buitink about the global gold repatriation movement that is taking place right now. Additionally we discussed Bitcoin and the future of the monetary system. Something I try to limit as much as I can in my writings is speculate. However, the conversation led me to speak freely about all possible scenarios regarding central banks gold policy and geo-politics. To provide more background information for the topics discussed I made a list with supplementary articles and data. 3:00 – Russia has 1,151 tonnes in official gold reserves currently, not “nearly 1,100 tonnes”, according More ››
2014/12/18 at 7:06pm
Via: BullionStar
"Any investor or analyst of any world commodity must be able to account for and rationalize a 9% price move in less than two trading days; otherwise he or she couldn’t possibly understand the dynamics of that commodity. Yet I received virtually no requests to explain the price drop. The More ››
2014/12/18 at 4:54pm
Via: Jesse’s Café Américain
There was intraday commentary about this stock market rally here.   With a little follow through that might be it for now.  The market will most likely get quiet after tomorrow with an upward drifting bias.   It probably has more upside into year end and maybe even the first week in January *unless something happens.*   Reading this as some indication of an economic fundamental anything More ››
2014/12/18 at 4:22pm
Via: Jesse’s Café Américain
Gold edged higher for a second session in a row Thursday, gaining little traction from a losing streak that extended to five straight sessions on Tuesday. Gold for February delivery added 30 cents... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More ››
2014/12/18 at 4:16pm
Via: Coin News
Snippet: Gold jumped up to $1213.47 at about 5:30AM EST before it fell back towards unchanged by late morning in New York, but it then edged back higher in afternoon trade and ended with a gain of 0.77%. Silver surged to as high as $16.222 and ended with a gain of 0.89%. More ››
2014/12/18 at 4:13pm
Via: SilverSeek
Commodities traded mixed in today's session. More ››
2014/12/18 at 3:29pm
Via: Hard Assets Investor
After selling out nearly 8 months ago, the U.S. Mint on Tuesday reopened ordering for the curved 2014 National Baseball Hall of Fame Silver Dollars because cancellations freed up inventory. This... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More ››
2014/12/18 at 2:26pm
Via: Coin News
Inventory deficit completely gone thanks to surging supply. More ››
2014/12/18 at 2:09pm
Via: Hard Assets Investor
  'How did you know?'   So asks the new reader(s) at Le Café, during some protracted exchanges over the past week in which I characterized this drop in stock prices as a corrective move, à la the familiar wash and rinse, that was likely to end around the time of the FOMC meeting.   Things are dire.  The economy is awful.  War is breaking out.  Stocks are in a bubble.  Ack, ack More ››
2014/12/18 at 1:52pm
Via: Jesse’s Café Américain
China Prepares To Bailout Russia Submitted by Tyler Durden on 12/17/2014 23:17 -0500 Earlier this evening China's State Administration of Foreign Exchange's (SAFE) Wang Yungui noted "the impact of the Russian Ruble depreciation was unclear yet, and, as Bloomberg reported, "SAFE is closely watching Ruble's depreciation and encouraging companies to hedge Ruble risks." His comments... The post In The News Today appeared first on Jim Sinclair's Mineset. More ››
2014/12/18 at 12:48pm
Via: Jim Sinclair’s MineSet
David Cay Johnston is an American investigative journalist and author, a specialist in economics and tax issues, and winner of the 2001 Pulitzer Prize for Beat Reporting. Since 2009 he has been a Distinguished Visiting Lecturer who teaches the tax, property and regulatory law of the ancient world at Syracuse University College of Law and Whitman School of Management.' From July 2011 until More ››
2014/12/18 at 12:43pm
Via: Jesse’s Café Américain