Gold News And Discussions http://the-gold.com In contrast to political money, gold is honest money that survived the ages Fri, 11 May 2012 11:04:31 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 Gold Is Living In Interesting Times http://the-gold.com/gold-is-living-in-interesting-times/132 http://the-gold.com/gold-is-living-in-interesting-times/132#comments Wed, 09 May 2012 00:00:00 +0000 admin http://the-gold.com/?p=91  

Are we on the verge of a new historical event for Gold? Did They warn us in advance of the London Gold Pool collpase? Of the Bretton Woods Agreement? Get ready, goldbugs, for some interesting times!

 

Insofar as the price of gold is an international political decision as much as a market decision, we particularly do not know when crucial political decisions affecting the gold price will be made. But they have been made before, they will be made again, and we are seeing now so many developments that correspond to the developments immediately preceding the last great revaluations of gold, in 1968 and 1971.

… Dispatch continues below ……

More at Gold has changed overnight, and likely will again

 

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]]> http://the-gold.com/gold-is-living-in-interesting-times/132/feed 0 Another Dull Day For Gold? http://the-gold.com/another-dull-day-for-gold/132 http://the-gold.com/another-dull-day-for-gold/132#comments Wed, 09 May 2012 00:00:00 +0000 admin http://the-gold.com/?p=93 Looks like it is going to be another dull day for gold and silver traders, started down in the Asian markets and may continue that way

Gold and silver prices didn’t do much yesterday and gold edged down while silver moderately declined. The U.S jobless claims didn’t reveal a major shift in the number of claims. The American trade deficit increased.  And China’s industrial output growth didn’t match expectations as the retail sales rose in April by only 14.1% compared to a year earlier the least since February 2009. This news is currently adversely affecting the Asian markets and may also adversely affect gold and silver trading during the day. On today’s agenda: U.S PPI, Great Britain PPI and Canada’s employment report. Currently precious metals prices are falling.     …

 

More at Gold & Silver Prices – Daily Outlook May 11th 2012

 

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]]> http://the-gold.com/another-dull-day-for-gold/132/feed 0 Gold Trading Lower Today – Bargain Hunting Time? http://the-gold.com/gold-trading-lower-today-bargain-hunting-time/132 http://the-gold.com/gold-trading-lower-today-bargain-hunting-time/132#comments Tue, 08 May 2012 00:00:00 +0000 admin http://the-gold.com/?p=87 Here is what the market looks like today, time to hoard some metal?

-Spot gold is lower in Europe Tuesday, under pressure from a stronger dollar as euro-zone concerns continue to weigh on the European currency, but likely to find support from opportunistic buying should prices fall further, say analysts.

At 0918 GMT, spot gold was down 0.5% at $1,629.28 a troy ounce, having traded in a relatively tight range so far this session.

The dollar is stronger against the euro Tuesday amid worries over Greece's future, as the country's leaders failed to form a coalition government after the weekend's elections. Although gold's appeal often grows in times of political and economic insecurity, the metal is also priced in dollars, making it more expensive to other currency-holders when the greenback gains.

Despite gold's current weakness, analysts expect the metal to find support from bargain hunting at lower price levels….

More at DJ PRECIOUS METALS: Spot Gold Weighed By Strong USD, But Support Seen

 

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Gold looking for support areas

 

]]> http://the-gold.com/gold-trading-lower-today-bargain-hunting-time/132/feed 0 Another Blatant Gold Cartel Raid , Or Was It Just An Accident? http://the-gold.com/another-blatant-gold-cartel-raid-or-was-it-just-an-accident/132 http://the-gold.com/another-blatant-gold-cartel-raid-or-was-it-just-an-accident/132#comments Mon, 30 Apr 2012 00:00:00 +0000 admin http://the-gold.com/?p=84 In case anybody wonders what happened to the gold price today, here are some interesting news, of course none of this has anything to do with trying to keep the gold price under control, right? Just pure accidents

 

CME Group Inc. (CME) instigated a brief trading halt in gold futures Monday morning amid a violent downdraft in gold prices, the exchange told Dow Jones Newswires.

A so-called Stop Logic trading halt kicked in at 8:31 a.m. Monday, pausing trade in the Comex June-delivery gold contract for 10 seconds, a CME spokesman said.

“The market is given a short period to recalibrate and in this instant it was for 10 seconds,” he said.

“It only happened in gold futures, in the June gold contract,” the spokesman added.

Gold prices fell around $15 in that minute of trading, as 7,500 gold futures contracts worth around $1.24 billion changed hands….

More at DJ CME Group: Gold's Slide Triggered Brief Trading Halt

 

 

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]]> http://the-gold.com/another-blatant-gold-cartel-raid-or-was-it-just-an-accident/132/feed 0 Where Would Gold Be Without Governments Intervention? http://the-gold.com/where-would-gold-be-without-governments-intervention/132 http://the-gold.com/where-would-gold-be-without-governments-intervention/132#comments Wed, 18 Apr 2012 00:00:00 +0000 admin http://the-gold.com/?p=39  

Our friends at Gata share their vision of where Gold may be heading despite continued price suppression

GATA can't offer as much encouragement as we'd like, since we're not an investment adviser and since the price suppression can continue indefinitely, even forever, as long as enough institutions and individuals who think they're buying gold and silver purchase only paper claims and never take delivery from the purported sellers and move the metal outside the banking system. Such investment behavior facilitates the infinite increase of imaginary gold, the mechanism of price suppression.

The evidence is that Asia is changing things, but does GATA know how much more gold the Western central banks are prepared to dishoard to help keep the price down, or how many payoffs the U.S. government is ready to work in the futures and derivatives markets through JPMorganChase to discourage investors from taking delivery? They don't tell us their plans. We just pick up on their traces…

More at GATA tells the past well enough, but we're not in charge of the future

In this video Ed Steer, publisher of the Casey Research's Gold & Silver Daily newsletter reflects upon GATA's successes and failures re: taking on the Fed and the US government. In addition, Ed discusses where gold and silver would be, if the full faith and credit of the world's governments was not aligned against it. Ed also talksabout the end of the cartels' war against the precious metals and where prices will be headed, (Hint-hint-they won't be going down). 

Tweets on gold price suppression

 

]]> http://the-gold.com/where-would-gold-be-without-governments-intervention/132/feed 0 test http://the-gold.com/test/132 http://the-gold.com/test/132#comments Tue, 17 Apr 2012 16:24:32 +0000 admin http://the-gold.com/?p=32  

 

 

 

 

 

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