LATEST NEWS: China holds the gold price key

Those gold bug optimists who reckoned the likely Swiss Gold referendum ‘No’ vote had already been discounted by the markets were initially proven wrong. With some forlorn gold hopes hanging on for a surprise ‘Yes’ vote, the result was going to produce a knee-jerk reaction downwards as it will have perhaps prompted more selling from […]

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LATEST NEWS : Japan Is Leading the Global System to Collapse

The Keynesian economists managing or advising the world’s Central Banks have always averred that they could pull us out of the weakest recovery in the post-WWII era if they were allowed to have their way. Their “way” involves rampant debt monetization, also called Quantitative Easing or QE. Indeed, the primary argument from the Keynesians as […]

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LATEST NEWS : The new London gold ‘fix’ – the battle has commenced

With the new procedures for setting London benchmark prices for silver (Thomson Reuters/CME Group) and platinum and palladium (The LME) the battle for the big prize – setting the London benchmark gold price (the gold fixing as it has been designated for much of the past century) – commenced with a seminar on October 24th in […]

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LATEST NEWS : Gold Extends Rebound From 2014 Low as China Returns From Break

Gold rose as the drop to this year’s low lured Chinese buyers returning from a weeklong break, while investors awaited minutes of the Federal Reserve’s last meeting. Platinum extended a rally from a five-year low. continue reading at bloomberg.com

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LATEST NEWS : Russia CB buys more gold and builds bilateral trade with China

While we will probably have to wait another few days until the IMF publishes its latest statistics for the global picture, the Russian central bank has announced that it has added another 9.3 tonnes of gold to its official gold reserves. This is as tensions now seem to be diminishing in Ukraine which could, if […]

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LATEST NEWS : Russia CB buys more gold and builds bilateral trade with China

While we will probably have to wait another few days until the IMF publishes its latest statistics for the global picture, the Russian central bank has announced that it has added another 9.3 tonnes of gold to its official gold reserves. This is as tensions now seem to be diminishing in Ukraine which could, if […]

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LATEST NEWS : Silver at 'bargain levels' – Phillips

Gold Today – The gold price closed at $1,221.60 down $13.90 on Wednesday in New York. In Asia and London, gold prices recovered slightly to $1,224. The gold price was Fixed at $1,223.00 down $13.50 and in the euro at €949.609 down €4.628, while the euro was slightly much weaker at $1.2879. Ahead of New […]

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LATEST NEWS : China advances launch of international gold exchange

China will launch its international gold exchange 11 days ahead of schedule, sources said on Tuesday, racing ahead in the scramble to set up an Asian bullion benchmark as rival Singapore is forced to delay its gold contract due to technical issues. Asia, home to the world’s top two gold buyers – China and India, […]

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Big Picture: Most Important

With gold again on the decline, it’s time to take a look and focus on gold’s big picture. This eases a lot of doubt, especially when companies like Goldman Sachs are bearish on commodities.  We’ll focus on silver and palladium too.  Continue reading on news.goldseek.com

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LATEST NEWS : Gartman reckons end-game for gold price management could be nigh

When a highly respected, and heretofore basically neutral on gold, financial commentator, such as Dennis Gartman, reckons that ‘The Force’ which has been keeping the gold price down, presumably through massive paper gold interventions in the futures markets may well be near defeat, this could  be a signal for the big investors and fund managers […]

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