LATEST NEWS: Gold Bulls Return as Wagers on Stimulus Accumulate: Commodities

Speculators boosted bullish gold bets to a three-month high on signs central banks will act to counter low inflation, reviving the allure of bullion as a hedge. The net-long position in New Yorkfutures and options climbed for a third week, the longest expansion since July, government data show. Short holdings fell to a 14-week low. […]

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LATEST NEWS : Gold Wagers Gain as China Rate Reduction Stems Rout

Hedge funds added bullish gold wagers at the fastest pace since June as central bank action from China to Japan and Europehelped stem the rout in prices. The net-long position in New York futures and options expanded 56 percent, U.S. government data show. Short holdings fell to a two-month low and long wagers climbed for […]

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LATEST NEWS : Pricing Gold in the Real World

As we see the price of gold and silver dragged lower once again in our Hostage Markets; a reality-check is badly needed – since we certainly get no reality from the Corporate media. However, while the mainstream media provides no “reality”, it does provide consistency. As any knowledgeable reader already knows; gold (and silver) is […]

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LATEST NEWS: The System Is Terminally Broken

The Fed has formally “ended” QE, but it hasn’t really.  The Fed will continue reinvesting interest on its portfolio in more bonds and it will rollover maturities.  We saw what happens to the stock market a few weeks ago when Fed official James Bullard asserted that the Fed needs to start raising rates:   the […]

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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 : Gold Bulls Lured Back for First Time in Two Months: Commodities

Speculators added bullish gold bets for the first time in nine weeks as concern that global economic growth is slowing whipsawed equity markets. The gain in the net-long position in New York gold futures and options snapped the longest run of reductions since 2010. Prices rose for a second week as global equities retreated to […]

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LATEST NEWS : Gold Bulls Lured Back for First Time in Two Months: Commodities

Speculators added bullish gold bets for the first time in nine weeks as concern that global economic growth is slowing whipsawed equity markets. The gain in the net-long position in New York gold futures and options snapped the longest run of reductions since 2010. Prices rose for a second week as global equities retreated to […]

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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 : Shanghai Gold Exchange to Launch International Board on Sept. 29

BEIJING—The Shanghai Gold Exchange will launch its international board on Sep. 29 in the financial hub’s new free-trade zone, a widely anticipated move to open China’s tightly controlled gold market to foreign capital.   continue reading at online.wsj.com

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LATEST NEWS : Goldcorp CEO Jeannes Sees "Peak Gold" in Sector This Year or Next

Miners have reached “peak gold,” in which production of the precious metal has hit its high as easy-to-mine gold deposits become harder to find, said Chuck Jeannes, chief executive of Goldcorp, the world’s largest gold miner by market capitalization.   continue reading at online.wsj.com

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