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Avril 2013 / Chute des cours

Chine. History Tells Us That A Gold Crash + An Oil Crash = Guaranteed Recession. Michael SnyderActivist Post Is the United States about to experience another major economic downturn?

History Tells Us That A Gold Crash + An Oil Crash = Guaranteed Recession

Unfortunately, the pattern that is emerging right now is exactly the kind of pattern that you would expect to see just before a major stock market crash and a deep recession. History tells us that when the price of gold crashes, a recession almost always follows. History also tells us that when the price of oil crashes, a recession almost always follows. When both of those things happen, a significant economic downturn is virtually guaranteed. Just remember what happened back in 2008. Meanwhile, we have just seen volatility return to the financial markets in a big way.

Posted below is a chart that shows what has happened to the price of gold since the late 1960s. It happened in 1980, it happened in 2008, and it is happening again... A similar pattern emerges when we look at the price of oil. Physical Gold vs. Paper Gold: The Ultimate Disconnect. How can we explain gold dropping into the $1,300 level in less than a week?

Physical Gold vs. Paper Gold: The Ultimate Disconnect

Here are some of the factors: George Soros cut his fund holdings in the biggest gold ETF by 55% in the fourth quarter of 2012.He was not alone: the gold holdings of GLD have contracted all year, down about 12.2% at present.On April 9, the FOMC minutes were leaked a day early and revealed that some members were discussing slowing the Fed $85 billion per month buying of Treasuries and MBS. If the money stimulus might not last as long as thought before, the "printing" may not cause as much dollar debasement.On April 10, Goldman Sachs warned that gold could go lower and lowered its target price.

My opinion, looking at the list of items above, is that they are not big enough by themselves to have created such a large disruption in the gold market. JPMorgan Accounts For 99.3% Of The COMEX Gold Sales In The Last Three Months. Submitted by Mark McHugh from Across The Street Jamie Dimon Has Issues When just one firm accounts for 99.3% of the physical gold sales at the COMEX in the last three months it’s not what most of us on this side of the rainbow would consider “broad-based” selling.

JPMorgan Accounts For 99.3% Of The COMEX Gold Sales In The Last Three Months

Of course discovering this kind of relevant information requires an internet connection, 2nd grade math and reading skills, and the desire to do a teeny-weeny bit of reporting. Sadly they’ve wandered so far down the rabbit hole that the concept of “physical demand” (i.e. people actually wanting to take possession of the stuff) is puzzling to them because the vast majority of the world’s so-called “gold-trading” takes place in the realm of make believe (which is their natural habitat).

The Great Gold Collapse. La grande peur de la manipulation revient.

Novembre 2014 / Chute des cours

Steve Forbes: Why Gold Plunged. The Chess Game Of Capital Controls. Submitted by Jeff Clark of Casey Research, The best indicator of a chess player's form is his ability to sense the climax of the game.

The Chess Game Of Capital Controls

–Boris Spassky, World Chess Champion, 1969-1972. "Gold Is The Ultimate Money" says Ron Paul. The mooted savings levy in Cyprus is a form of wealth confiscation on behalf of the EU which is making depositors throughout the Union nervous.

"Gold Is The Ultimate Money" says Ron Paul

There has been no dramatic increase in the demand for gold in recent days. However, this could be a ‘tipping point’ moment when savers realise that they are unsecured creditors of banks and their savings are not sacrosanct. Dr. Ron Paul was interviewed by Fox after the U.S. Fed Audit 2013 // OIG13031. Gold%20Survey%202012%20Launch%20Presentation%20client%20version. Thomson Reuters acquires GFMS In August 2011 GFMS became a part of Thomson Reuters.

Gold%20Survey%202012%20Launch%20Presentation%20client%20version

Economie : l'Allemagne rapatrie ses stocks d'or ! (Boursier.com) — Alors que son PIB a baissé de 0,5% au 4ème trimestre 2012, l'Allemagne s'apprête à rapatrier une partie de ses stocks d'or !

Economie : l'Allemagne rapatrie ses stocks d'or !

Selon le quotidien allemand 'Handelsblatt', la Bundesbank devrait annoncer aujourd'hui officiellement qu'elle fera revenir la totalité des stocks confiés à la Banque de France, soit 374 tonnes, et une partie de l'or stocké auprès de la Réserve fédérale américaine... L'Allemagne possède les deuxièmes réserves d'or du monde après les Etats-Unis, avec 3.396 tonnes, dont la valeur avoisine actuellement 185 Milliards de Dollars (140 MdsE). Par mesure de sécurité, le pays avait confié l'essentiel de ces stocks à des pays amis pendant la Guerre Froide, et n'en conserve elle-même toujours que 31% à l'heure actuelle... Même manipulé, l'or ne peut que monter. Gold - Visualized in Bullion Bars.

On achète votre or. RED ALERT: World’s biggest gold storage company dumps US citizens. ViaMat, a Swiss logistics company that has been safeguarding precious metals since 1945, is literally the gold standard in secure storage.

RED ALERT: World’s biggest gold storage company dumps US citizens

They have vaults from Switzerland to Hong Kong to Dubai, and they count among their clients some of the largest mining companies in the world. They know what they’re doing. And now they’re dumping US citizens. ViaMat does a great deal of business within the United States. As such, the company is heavily exposed to the insane US regulatory environment. As an example, the 2010 Foreign Account Tax Compliance Act turned into more than 500 pages of regulation! Schéma. Gold vs Paper. A new Gold Standard is being born. The world is moving step by step towards a de facto Gold Standard, without any meetings of G20 leaders to announce the idea or bless the project.

A new Gold Standard is being born

Some readers will already have seen the GFMS Gold Survey for 2012 which reported that central banks around the world bought more bullion last year in terms of tonnage than at any time in almost half a century. They added a net 536 tonnes in 2012 as they diversified fresh reserves away from the four fiat suspects: dollar, euro, sterling, and yen. The Washington Accord, where Britain, Spain, Holland, Switzerland, and others sold a chunk of their gold each year, already seems another era – the Gordon Brown era, you might call it. That was the illusionary period when investors thought the euro would take its place as the twin pillar of a new G2 condominium alongside the dollar. That hope has faded. Neither the euro nor the dollar can inspire full confidence, although for different reasons. Hopefully, it will be nothing like the interwar system. 'Le monde vient d'adopter un nouvel étalon-or dans la plus grande discrétion' Le monde vient de se doter d’un nouvel étalon or, et cela s’est fait sans réunion au G20 pour en débattre, affirme Ambrose Evans-Pritchard dans le Telegraph.

'Le monde vient d'adopter un nouvel étalon-or dans la plus grande discrétion'

L’étude annuelle de la GFMS pour 2012, une société de recherches spécialisée sur les métaux précieux, avait déjà indiqué que les banques centrales à travers le monde avaient acheté plus d’or l’année dernière qu’elles ne l’avaient fait quasiment au cours des cinquante dernières années. Elles auraient ainsi acquis 536 tonnes d’or en 2012, qui ont été substituées aux réserves détenues dans les 4 devises les plus courantes : le dollar, l’euro, le yen et la livre sterling. Parallèlement, elles ont réduit de 26% leurs détentions en obligations souveraines européennes de la zone euro, leur faisant retrouver les niveaux qu’elles avaient atteints il y a une décennie. C’est donc la perte de confiance dans les deux plus grandes devises de réserve du monde, le dollar et l’euro, qui suscite cette évolution. Soros Buying Gold as Record Prices Seen on Stimulus. Gold’s 12-year rally, the longest in at least nine decades, is poised to continue in 2013 as central bank stimulus spurs investors from John Paulson to George Soros to accumulate the highest combined bullion holdings ever.

The metal will rise every quarter next year and average $1,925 an ounce in the final three months, or 11 percent more than now, according to the median of 16 analyst estimates compiled by Bloomberg. Paulson & Co. has a $3.66 billion bet through the SPDR Gold Trust (GLD), the biggest gold-backed exchange-traded product, and Soros Fund Management LLC increased its holdings by 49 percent in the third quarter, U.S. Securities and Exchange Commission filings show. Central banks from Europe to China are pledging more steps to boost growth, raising concern about inflation and currency devaluation. Investors bought 247.5 metric tons through ETPs this year, exceeding annual U.S. mine output. Central banks from Europe to China are pledging more steps to boost growth, raising... Le retour en force de l'or comme monnaie.

"Changement de statut : l’or passe du statut d’investissement au statut de monnaie", titrait récemment Business Week. "Depuis quelques mois, l’or est de plus en plus considéré comme de la monnaie, et de moins en moins comme une matière première", nous dit l’analyste Ronald-Peter Stoferle d’ErsteGroup. "L’or sera considéré comme un actif AAA, avec un énorme avantage sur ses autres concurrents : sa note ne sera délivrée par aucune agence de notation.

Initiative - Gold Action. Scénario catastrophe : «Après l'effondrement des monnaies, place à l'hyperinflation» - Économie. Scénario catastrophe Les discours alarmistes quant à l'écroulement des devises se multiplient. L’or de Poutine, de la Chine, de Soros, etc., et la crise. L’or de Poutine, de la Chine, de Soros, etc., et la crise Divers sites spécialisés suivent avec attention une sorte de “ruée vers l’or” discrète, très diversifiée et calculée, mais qui prend une allure de tendance significative. Plusieurs pays sont concernés, mais aussi des personnalités connues pour leurs activités de spéculateurs et d’investisseurs… Et, justement, de réputation dans les milieux financiers, l’or n’est certainement pas un moyen de spéculation particulièrement exaltant et efficace mais, au contraire, un moyen de sécurité et de renforcement face à des temps troublés de crise générale où les monnaies deviennent des matières volatiles, incertaines et dangereuses. La tendance décrite est donc celle d’un mouvement général de renforcement défensif face à une possibilité, sinon une probabilité de grande crise, voire de Très Grande Crise, – ou deuxième “vague crisique”. • Un autre pays qui s’agite dans ce sens, c’est la Chine.

Is This Where The Secret JP Morgan London Gold Vault Is Located? In a world defined by "financial innovation", where $1 of hard collateral can spawn over $1000 in repoed and rehypothecated liabilities (and assets), where "shadow banking" is far more important than traditional bank liabilities (and to this date remains completely misunderstood), and where every month the central and commercial banks force create over $100 billion in credit money (which end consumers refuse to absorb and which therefore ends up in the stock market), the concept of a "hard asset" is an increasingly redundant anachronism.

Yet while the Federal Reserve has emerged as the bastion of the New Normal's financial innovation front in which the concept of money is backed by absolutely nothing other than the Dollar's increasingly fleeting reserve status, when it comes to the definition of "Old Normal" money - gold - it still is the domain of the first and original central bank: London. After all it is the London Bullion Market Association. Not New York, Zurich or Singapore. J.P. Gordon Gekko's Blog: Buy PHYSICAL Gold. NOW: The Discount of a Lifetime: Or Why You Must Abandon the Fake Paper Gold Market. They just showed their hands. The paper Ponzi pyramid is wobbling. It’s time to go in for the kill. Let me explain. 2.4 Million Ounces of Silver Withdrawn From Brink's & HSBC Vaults Wednesday! Precious Metal Abroad: Why Germany Wants to See its US Gold. Bundesbank President Jens Weidmann wanted to personally convince Peter Gauweiler that the German gold was still where it should be.

Early this summer, the head of Germany's central bank took the obstinate politician from the conservative Christian Social Union (CSU), a party that is a member of the government coalition in Berlin, and a number of his colleagues into the Bundesbank's inner sanctum: the gold vault. There, 6,000 gold bars are stacked on industrial-strength shelves in a purpose-built building in Frankfurt. An additional 76,000 bars of bullion are stored in four safe boxes, in sealed containers. German Calls for Gold Repatriation Intensify As Fed Refuses to Allow Inspection. Calls for Germany to repatriate its 1,536 tons of gold reserves held at the NY Fed are intensifying as Der Spiegel reports the Federal Reserve has refused to allow German inspectors to even view the country’s massive gold reserves “in the interest of security and of the control process“. We have stated repeatedly that with repatriation and/or audit requests completed or in progress by Venezuela, Germany, Switzerland, and the Netherlands, The BOE and the Fed suddenly find themselves in a heap of trouble as the situation (and confidence that the Central banks actually still hold the tungsten gold reserves on deposit) is rapidly deteriorating.

The Secret World Of Gold Part 1. The Secret World Of Gold Part 2. The Secret World Of Gold Part 3.