News and Views

Precious metals futures tumbled on Tuesday, with gold marking a 16-week low and silver hitting a 7-month low. Gold for August delivery fell $20.60, or 1.8%, to end at $1,152.60 an ounce on the Comex... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More ››
2015/07/07 at 6:01pm
Via: Coin News
The fingerprints of the Exchange Stabilization Fund and their Banks, presumably JPM and Citi, were all over the markets today, from commodities to equities. Stocks were rallied hard off the bottom, as some fearless buyer stepped in and sparked a short covering rally. Gold languished, but silver managed to take back the 15 handle at least. Have a pleasant evening.   More ››
2015/07/07 at 4:16pm
Via: Jesse’s Café Américain
They came in selling, but someone took the bull by the horns and bought the dip in stocks as they were threatening key support. Who that might be who can say. But it might be useful if we could have a peek into the operations of the Exchange Stabilization Fund, aka 'The Plunge Protection Team.' Have a pleasant evening.       More ››
2015/07/07 at 4:13pm
Via: Jesse’s Café Américain
Snippet: Gold fell $18.72 to $1150.18 at about 10:30AM EST before it bounced back higher at times, but it still ended with a loss of 1.12%. Silver slipped to as low as $14.796 and ended with a loss of 3.76%. More ››
2015/07/07 at 4:12pm
Via: SilverSeek
Today, July 7, the United States Mint suspended sales of bullion American Silver Eagles, noting that a large increase in demand has depleted their inventories. The agency in a memo to authorized... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More ››
2015/07/07 at 3:31pm
Via: Coin News
Jim, Dig deep enough and you will find the answers. The Greek debacle is due to America's catering to the large financial institutions in the 2007 crash. They knew the government would bail them out because they were too big to fail. Therefore they took an inordinate amount of risk in the derivatives market. Same... The post Jim's Mailbox appeared first on Jim Sinclair's Mineset. More ››
2015/07/07 at 12:21pm
Via: Jim Sinclair’s MineSet
There are times when all of the fundamentals, technicals and CoT structure simply don't matter. Unfortunately, we seem to be entering another one of those periods. read more More ››
2015/07/07 at 12:21pm
Via: TF Metals Report
The Blue Ridge Parkway makes one of its last appearances on a United States Mint collectible product with today's release of the three-inch, five ounce silver coin that depicts the popular roadway in... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More ››
2015/07/07 at 12:05pm
Via: Coin News
Our pal, Paul Mylchreest, released today another excellent, detailed research piece. If you own equities and are convinced that all they do is go UP, you might want to take some time to scroll through this report. read more More ››
2015/07/07 at 11:38am
Via: TF Metals Report
GOLD BULLION prices sank against a surging US Dollar on Tuesday in London, dropping 1.1% inside two hours as New York's stock indices followed Europe and Asia lower amid fresh wrangling over Greece's debt crisis, plus a fresh sell-off in China's equity markets. With the Euro currency dropping to 5-week lows against the Dollar after better-than-expected US job openings data for May, the price of gold bullion for single currency investors retreated towards last week's finishing level at €1050 per ounce. Gold bullion in Dollar, in contrast, sank through last week's 4-month lows at $1158 to trade down to $1152 More ››
2015/07/07 at 10:37am
Via: BullionVault
Some thoughts on gold's failure to respond to Greece - is the answer only central bank manipulation? I think you can't ignore the complacency of professional money managers More ››
2015/07/07 at 5:15am
Via: Gold Chat
Gold world
Since 2007 China has the largest domestic gold mining output, since 2011 the Shanghai Gold Exchange has been the largest physical gold exchange and in 2013 and 2014 China was the largest importer. Now the Chinese seek to escalate pricing power. From the beginning of the liberalization of China's gold market in 2002, the governor of the People's Bank Of China has been strikingly honest – compared to his Western colleagues – regarding his view on gold. At the LBMA conference in 2004 governor Zhou Xiaochuan stated gold is a currency, an indispensable investment tool and the gold market – together More ››
2015/07/07 at 4:02am
Via: BullionStar