| |
 | Chris Powell - GATA |
| Stewart Dougherty: 'Exchange for physicals' erase government trades that rig gold price |
| Financial writer Stewart Dougherty argues today that the supposedly "emergency" procedure in the New York Commodities Exchange's gold futures market, "exchange for physicals," is part of a mechanism that governments use to vaporize contracts created by their own trading that aims to keep the gold price in a tight channel.
Dougherty writes that this is why, while "the enormous gold futures trading volume in New York and London would by now almost certainly have produced delivery failures if they Tuesday, December 19, 2017 |
|
 | Stewart Dougherty |
Gold EFPs: Absolute Proof that the Paper Gold Price is a Fraud  |
| In recent months, the issuance of gold Exchange for Physical (EFP) contracts has surged. EFPs convert a physically deliverable Comex gold contract into an LBMA or LME contract supposedly deliverable at a later date ex London and/or Hong Kong. As an incentive for Comex contract holders to accept EFPs, a cash bonus reportedly is paid. EFPs in silver are also being issued in vast quantities, but we will focus on gold for brevity.Most gold market observers believe that EFPs are a Comex gimmick desigMonday, December 18, 2017 |
|
 | FOFOA - FoFOA |
| How Gold is Different |
| "The present world gold market negates the true value of gold
by removing the “real demand” that “gold settlement” creates!
Break the mechanics of this market and you will find that
gold is the most valuable currency in today’s currency arena.
Many investors, today think that the answer to this dilemma
is for traders to take delivery and cause a short squeeze.
My friend, in this arena, taking delivery means settling in cash!
No, this market will not be destroyed by anyone but itself.
...Friday, May 5, 2017 |
|
| Chris Powell - GATA |
| Physical starts to nudge paper gold price, Maguire tells King World News |
| London metals trader Andrew Maguire, interviewed by King World News, sees signs that liquidity is draining away from the paper gold market and that physical gold purchases increasingly are influencing the price. An excerpt from the interview is posted at KWN here:
http://kingworldnews.com/andrew-maguire-were-witnessing-a-historic-shift...Saturday, April 1, 2017 |
|
| Sprott Money |
The Deep State’s Gold Scam And The Demonization Of Russia - Dave Kranzler/Stewart Dougherty  |
| Guest post from Stewart Dougherty:
As the Fiscal Year 2018 budget, and particularly its war component
are floated, it has become clear that without continued, massive
military spending, paid for with mass-produced electrons masquerading as
money, U. S. GDP would collapse, taking the country’s financial and
monetary systems with it. The nation, whose real economy has been
hollowed out, for profit, by the Deep State plunderers, has become
significantly reliant upon deliberately contrived warSaturday, March 4, 2017 |
|
| Sprott Money |
| U.S. Political Crisis Foments While China India Devour Gold - Dave Kranzler |
| The demand for gold in India and China so far this year has soared, a
fact which is completely ignored by the western financial media. The
ex-duty Indian gold import premiums (approximately $10 earlier this
week) are quite remarkable, “as the need to import kilo bars only arises
if Indian demand is not satisfied by Dore imports (which had a duty
advantage of $15.52/oz this afternoon) and smuggled gold. Reports of
apprehensions at Indian airports are continuing to appear, indicating
that sSaturday, February 18, 2017 |
|
 | Egon von Greyerz - Matterhorn AM |
| Buy A House For 2.6 Ounces Of Gold |
| Few people realise the coming bargains in all asset markets within the next five years or so. Stocks, bonds and property will be fractions of current prices. I discussed in last week’s article how I expect stocks and property to decline maybe as much as 90%. Most people will consider this as sensational speculation and impossible but similar falls have happened in history before. And at no previous time in history has there been a credit bubble of a magnitude that the world is facing today. PrevTuesday, December 6, 2016 |
|
 | Andy Hoffman - Miles Franklin |
| Whirlybird Janet, on December 14th, Will Be In A Very, Very “Hot Seat” |
| It’s Friday night, after another week of financial market ignominy has passed; fortunately, without further damage to those holding REAL money. Which fortunately, is likely to be extremely limited going forward, given how low Precious Metal “valuations” have been driven, amidst the most bullish fundamental environment imaginable. Heck, whilst the paper gold price has been mercilessly attacked – as countless fiat currencies crash, amidst an environment of unprecedented economic and political inMonday, December 5, 2016 |
|
| Egon von Greyerz - Matterhorn AM |
| Buy A House For 2.6 Ounces Of Gold |
| Few people realise the coming bargains in all asset markets within the next five years or so. Stocks, bonds and property will be fractions of current prices. I discussed in last week’s article how I expect stocks and property to decline maybe as much as 90%. Most people will consider this as sensational speculation and impossible but similar falls have happened in history before. And at no previous time in history has there been a credit bubble of a magnitude that the world is facing today. PrFriday, December 2, 2016 |
|
| FOFOA - FoFOA |
| Eight! |
| Today is the eighth anniversary of this blog, but as you know, last year I moved most of my activity to a subscription blog called the Freegold Speakeasy. Anyone can join, and a subscription is only about 60 cents a day, but for those of you who don't, can't or just plain won't pay for this stuff, I'm going use this anniversary post to give you a little taste of what you've been missing. ;D
One of the many topics I've been covering this year is GLD and its incredibly increasing inventory. If yTuesday, August 23, 2016 |
|
 | David Jensen |
| Moving to the Post LBMA-Era Gold Price Reset - Watch Out |
| If one were to describe, in a word, the singular quality of gold that gives
it value both as money and a wealth preservation asset, that quality is integrity.
Physical gold cannot be printed, it cannot be conjured by a central bank or
government official, it cannot be credited into existence by a bank. And over
a period of four thousand years, the markets have selected gold and silver
as money. The replacement of gold and silver sound money with unstable debt-based
fiat paper currencMonday, April 11, 2016 |
|
 | Deepcaster |
| Profit, Protection, Despite Cartel Interventions July, 2014 Update |
| July 2014 UpdateWeek Ending 06/27/2014Profit, Protection, Despite Cartel Interventions July, 2014 UpdateBankers parasitic behavior, the result of a cultural phase transition, is entirely characteristic of a society nearing collapse. Wealth is no longer created; it is taken from others. Parasitic behavior is not confined to bankers; it also infects high government officials, corporate executives and the elite societal stratum
.Jim Rickards, The Death of Money, June 2014A Major Goal of the inFriday, June 27, 2014 |
|
 | Jim Willie CB - Hat Trick Letter |
 The Split Birth of New Scheiss Dollar  |
| The United States is fast racking up characteristics of a Third World nation. Its finances are Third World. Its president is Third World. Its banking integrity is Third World. Its absent industry is Third World. Its decaying cities are Third World. It urgently begs for a Third World currency, but that is soon to be remedied. The nation has been a freeloader on the global reserve currency for too long. That is about to end. For the last three years, the United States has been living in a fairy taWednesday, February 12, 2014 |
|
| FOFOA - FoFOA |
Happy New Year!  |
| 2014
Year of the Rains
"It won't be long before the rains come
and the ground begins to open…"
Let me start by saying that I do not have a crystal ball, but I do have a lens. My lens is Freegold, and it is quite simply a paradigmatic framework in which to view events past, present and future in a different light. Events that defy other frameworks of understanding and confound their proponents, requiring either complex conspiracy theory explanations or else fluid foundations that must shiftThursday, January 2, 2014 |
|
| Chris Powell - GATA |
| U.S. economic data doesn't match reality, Embry tells KWN |
| Economic data coming from the U.S. government does not match real economic conditions, Sprott Asset Management's John Embry tells King World News today, any more than the paper gold price matches the metal's growing scarcity. An excerpt from the interview is posted at the King World News blog here:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/12/23_D...Monday, December 23, 2013 |
|
| Chris Powell - GATA |
| Western gold price smashes just increase offtake in Asia, Kaye says |
| Smashing the paper gold price down in the West just increases the offtake in Asia, Hong Kong fund manager William Kaye tells King World News today:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/12/19_W...Friday, December 20, 2013 |
|
| Andy Hoffman - Miles Franklin |
| COMEX on the Precipice |
| I hope you enjoyed your weekend as much as I; and honestly, I can’t remember the last time I didn’t write for four straight days. Just taking a few days off, the list of topics to cover grew tremendously; and thus, it might take me some time to sort out my thoughts.
While Americans were busy trampling each other for Black Friday bargains – amidst what promises to be the weakest holiday spending season since 2009 – Central bank money printing has made the “1%” richer than ever; as the massive amMonday, December 2, 2013 |
|
 | Jesse - Le Cafe Américain |
| India Paying an Equivalent $1,565 Per Ounce For Physical Gold Bullion |
| When the Reserve Bank of India and the government tried to staunch gold imports by increasing duties and limiting supply in order to help their western central bank counterparts, who were deeply embarrassed by their inability to return Germany's gold, the experiment in currency controls had the effect of making the premiums paid for actual gold jump to 21.6% over western paper 'spot' prices.
What good is a 'spot price' for gold if it is just a construct derived from the paper gold price on theMonday, November 18, 2013 |
|
| FOFOA - FoFOA |
| Gold as a FOREX Currency |
| Another gold writer emailed me the other day with a few questions about my take on the apparent disconnect between the gold price action this year and "physical gold's obvious fundamentals." I explained to him how the POG (price of gold) is thoroughly and utterly disconnected from the physical segment of the gold market today. I said that any increase in physical demand (due to physical gold's obvious fundamentals) does not, cannot, drive the price higher today. It does one thing and one thinMonday, October 21, 2013 |
|
 | JS Kim - Smart Knowledge U |
| World Bank Whistleblower Karen Hudes: The World Will Reject Central Bankers, Part II |
| I present to you part two of our exclusive interview with World Bank Whistleblower Karen Hudes in which Ms. Hudes discusses the need to end an immoral fractional reserve banking system that continually drains the wealth of citizens without their consent and knowledge, the hope to establish open competition for money so the best forms of money will be adopted worldwide, how Central Bankers manipulate media and religion to deceive people into gut visceral reactions that support bankers’ immoral acTuesday, September 24, 2013 |
|
|
