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 | Chris Powell - GATA |
| John Dizard: Gold is overpriced -- and well worth it |
| http://www.ft.com/intl/cms/s/0/c9506cae-02ef-11e6-af1d-c47326021344.html
Gold has been having one of its moments since the beginning of the year; the dollar price is up over 15 per cent, compared with 1.9 per cent for the S&P 500. At these levels, the metal is overpriced and well worth it.
By "overpriced" I mean that market sentiment is measurably too bullish.
Perhaps, though, Mr Market is on to something. In the olden days, when Deutsche Bank was a cornerstone of German stability, you could couSaturday, April 16, 2016 |
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 | Bud Conrad - Casey Research |
“Paper Gold” and Its Effect on the Gold Price  |
| Gold dropped to new lows of $1,130 per ounce last week. This is surprising because it doesn’t square with the fundamentals. China and India continue to exert strong demand on gold, and interest in bullion coins remains high.
I explained in my October article in The Casey Report that the Comex futures market structure allows a few big banks to supply gold to keep its price contained. I call the gold futures market the “paper gold” market because very little gold actually changes hands. $360 bilWednesday, November 12, 2014 |
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| Chris Powell - GATA |
| UBS to settle allegations over precious metals trading |
| http://www.ft.com/intl/cms/s/0/428e1400-6804-11e4-bcd5-00144feabdc0.html
UBS is to settle allegations of misconduct at its precious metals trading business alongside a planned agreement between UK and US authorities and seven banks over accusations of foreign exchange market rigging.
The Swiss lender is one of a group of banks including Barclays, Citigroup, HSBC, JPMorgan, and Royal Bank of Scotland that are set to announce an agreement of at least L1.5 billion on Wednesday to settle forex riggiSunday, November 9, 2014 |
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 | Jim Willie CB - Hat Trick Letter |
 Exposure of Banker Corruption  |
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Few observers make the connection, but the current LIBOR scandal is a middle inning of two important events.The first is the demise of the Western banker leadership crew.The executives from the most powerful banks will be last to be deposed, all sharing an ethnic strain.The second is the open fracture of the Western financial system.Friday, July 6, 2012 |
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| Jim Willie CB - Hat Trick Letter |
 Golden Eye of Hurricane  |
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What an incredibly complex confusing and treacherous month.It can be safely said that 80% of the activity is almost totally kept from the public.The financial system is breaking in an accelerated fashion.Compare to some grisly horror movie where a man is strapped in a chair.The more he moves, the tighter the bindings pull on his gasping throat and pressed nether stones.Saturday, April 14, 2012 |
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