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| Ronan Manly - Bullion Star |
Who Owns the World’s Largest Gold Hoards – Not the Central Banks! |
It’s a common misconception that the world’s major central banks and monetary authorities own large quantities of gold bars. Most of them do not. Instead, this gold is owned by the sovereign states that have entrusted it to the respective nation’s central bank, and the central banks are merely acting as guardians of the gold. Tracing the ownership question a step further, what are sovereign states? A sovereign state is an entity with legal personality that is represented by one government. And wWednesday, January 11, 2017 |
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| Ronan Manly - Bullion Star |
European Central Bank gold reserves held across 5 locations. ECB will not disclose Gold Bar List. |
The European Central Bank (ECB), creator of the Euro, currently claims to hold 504.8 tonnes of gold reserves. These gold holdings are reflected on the ECB balance sheet and arose from transfers made to the ECB by Euro member national central banks, mainly in January 1999 at the birth of the Euro. As of the end of December 2015, these ECB gold reserves were valued on the ECB balance sheet at market prices and amounted to €15.79 billion.
The ECB very recently confirmed to BullionStar that its golWednesday, November 16, 2016 |
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| Ronan Manly - Bullion Star |
From Gold Trains to Gold Loans – Banca d’Italia’s Mammoth Gold Reserves |
Italy’s gold has had an eventful history. Robbed by the Nazis and taken to Berlin. Loaded on to gold trains and sent to Switzerland. Flown from London to Milan and Rome. Used as super-sized collateral for gold backed loans from West Germany while sitting quietly in a vault in New York. Leveraged as a springboard to prepare for Euro membership entry. Inspired Italian senators to visit the Palazzo Koch in Rome. Half of it is now in permanent residency in downtown Manhattan, or is it? Even Mario DSunday, September 25, 2016 |
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| Chris Powell - GATA |
Jaco Schipper: Why the allocated status of the ECB's gold is so important |
Our friend the Dutch economist Jaco Schipper, who four years ago discovered the acknowledgement by a former president of the Bank for International Settlements that the gold market long had been rigged by central banks at the behest of the United States --
http://www.gata.org/node/11304
-- today explains why he believes that the European Central Bank's recent assertion that its gold is almost fully allocated is so important.
Like some others in the GATA camp, Schipper anticipates an official upwWednesday, March 9, 2016 |
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| Ronan Manly - Bullion Star |
Central bank gold at the Bank of England |
In a recent article, “How many Good Delivery gold bars are in all the London Vaults?….including the Bank of England vaults“, I considered how much gold is actually in the London Gold Market, and highlighted how the amount of gold stored in the London wholesale market has fallen noticeably in recent years.
That article highlighted that the amount of gold stored in custody at the Bank of England (BoE) fell by 350 tonnes during the year to 28 February 2015, after also falling by 755 tonnes during tWednesday, September 23, 2015 |
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| Mark O'Byrne - gold.ie |
ECB Draghi’s QE Battle With Germany; Rules Out ECB Gold Buying |
The European Central Bank will decide early next year whether to follow the Federal Reserve, Bank of England and the Bank of Japan with quantitative easing or money creation to buy government bonds and other assets but will not buy gold, its president Mario Draghi said yesterday.
Speaking in the ECB's new 1.3 billion euro headquarters, an imposing Frankfurt skyscraper designed to show the strength of the ‘single’ currency, Draghi threw down the gauntlet to Germany and signaled that he would notFriday, December 5, 2014 |
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| Andy Hoffman - Miles Franklin |
This Dollar Ponzi Scheme Will Collapse |
Andy Hoffman joins Anthony Wile of The Daily Bell to discuss the Scottish Independence referendum vote, currencies the world round are declining, the ECB, gold and silver prices and China. To listen or read the interview, please click below.
Andy Hoffman: This Dollar Ponzi Scheme Will CollapseMonday, September 22, 2014 |
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| Przemyslaw Radomski CFA - SunshineProfits |
What Can Happen with Gold If the Dollar and the Euro Collapse |
This essay is an updated version of our earlier commentary What Can Happen with Gold If the Dollar Collapses? (Originally posted on Dec. 4, 2012) It is also the first essay in our two-part commentary on U.S./Eurozone debt and the dollar/euro collapse.On numerous occasions we have gone back in our commentaries to the year 1971 and U.S. President Richard Nixon’s decision to cut off the ties between the greenback and gold. Today, we revisit the topic once more and check what kind of implications itThursday, December 12, 2013 |
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| Alasdair Macleod - Finance and Eco. |
Gold Market Report: Markets respond to a surprise rate cut by the ECB |
Gold and silver hardly moved beyond a one per cent range all week until the ECB sprung on markets a surprise interest rate cut on Thursday. According to a Bloomberg poll only three economists expected it and sixty-seven did not.
Minutes after the ECB rate cut news markets refocused on a stronger than expected US GDP number of 2.8% versus 2% expected, which drove the dollar up and markets including gold and silver down. On the one hand we see the ECB taking a looser monetary stance, which is gooFriday, November 8, 2013 |
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| Marino G. Pieterse - Goldletter International |
Gold Doesn't Run Its Own Course |
Tuesday, August 10, 2010 |
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| Gold - The Prudent Investor |
ECB Gold Data Feeds Suspicions of Market Manipulation |
Wednesday, April 7, 2010 |
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| ECB's Gold - The Prudent Investor |
ECB Gold Data Feeds Suspicions of Market Manipulation |
Wednesday, April 7, 2010 |
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| Gold Price Management - The Prudent Investor |
ECB Gold Data Feeds Suspicions of Market Manipulation |
Wednesday, April 7, 2010 |
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| FOFOA - FoFOA |
I can feel it coming... |
Thursday, January 7, 2010 |
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| Gold - FoFOA |
I can feel it coming... |
Thursday, January 7, 2010 |
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| FoFOA |
Your Own, Personal, Freegold |
Saturday, October 10, 2009 |
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| Gold - FoFOA |
Your Own, Personal, Freegold |
Saturday, October 10, 2009 |
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| Eric de Carbonnel - Market Skeptics |
Did the ECB Save COMEX from Gold Default |
Thursday, April 2, 2009 |
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| Gold - Market Skeptics |
Did the ECB Save COMEX from Gold Default |
Thursday, April 2, 2009 |
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