Category: Gold and Silver 2014
The analysis published under this category are as follows.
Tuesday, December 02, 2014
Gold and Silver Bears Shocked By Unusual Intra-Day Reversal / Commodities / Gold and Silver 2014
By: Jesse
"Through the mills of God grind slowly, yet they grind exceeding small;
With patience He stands waiting, with exactness He grinds all."- Baron Friedrich von Logau, Sinngedichte
As you know the Swiss gold referendum was defeated this Sunday, along with all the other initiatives issues like tax reform and immigration.
Read full article... Read full article...
Monday, December 01, 2014
Gold - Bloomberg TV Blows It Big Time / Commodities / Gold and Silver 2014
By: Jesse
Sometimes you just have to chuckle. I had been out all morning picking up some visiting in-laws in the City. When I came home I flipped on the news, and turned on the equipment in my home office.
The mid-day news highlight on Bloomberg TV at about fifteen minutes after noon today was to say that gold was down sharply, over fifty dollars, because of the Swiss gold referendum vote.
Read full article... Read full article...
Monday, December 01, 2014
Swiss Gold No - Repatriation, Demand from Russia, India and China More Important / Commodities / Gold and Silver 2014
By: GoldCore
Ronan Manly writes:
Switzerland’s ‘Save our Swiss Gold’ referendum was convincingly rejected yesterday by the Swiss electorate following an aggressive anti-gold campaign in recent weeks that had been closely watched both in Switzerland and abroad.
Unusually, it involved the Swiss National Bank (SNB) very actively, and ultimately successfully, trying to convince the electorate along with the main political parties to return a ‘no’ vote.
Read full article... Read full article...
Monday, December 01, 2014
The Swiss Gold Referendum Was Just a Storm in a Teacup / Commodities / Gold and Silver 2014
By: Bob_Kirtley
Results for Swiss gold referendum were released today, ending weeks of enthusiastic bulls calling for gold to rally to new highs on a “yes” vote and countless articles speculating about the impact of the result. The Swiss people voted overwhelmingly against the policy of that would have caused the Swiss National Bank to significantly increase their gold reserves. However, the excitement and the speculation around the potential impact of the result represents a misunderstanding of the event and indeed, the gold market as a whole.
Sunday, November 30, 2014
Swiss Gold Vote Result - Anti-Gold Propaganda Prevails! / Commodities / Gold and Silver 2014
By: GoldSilverWorlds
This morning the final votes were cast on the Swiss Gold Initiative (most votes were submitted via post). As we speak the final votes are still being counted however we already know: The initiative has been rejected!
- The majority of votes of most individual cantons (some cantons’ votes are yet to be released) were against the initiative. As Switzerland has a federalist structure, this by itself already means that the initiative has been rejected.
- Public votes are still not final, but indications show that about 25% of the population voted for the initiative.
Sunday, November 30, 2014
Switzerland Leads In Gold Sales Among Central Banks Since 1993 / Commodities / Gold and Silver 2014
By: Jesse
Although they are still among the top ten in total gold holdings, Switzerland has been one of the largest sellers of gold among official entities since 1993.
It is no surprise then that the people of Switzerland have taken to a referendum to provide their opinions on this to the Swiss National Bank.
Read full article... Read full article...
Sunday, November 30, 2014
Fed Earmarked Gold Holdings Continued to Decline In October / Commodities / Gold and Silver 2014
By: Jesse
Nemo debet esse judex in propria causa.
Earmarked gold at the Federal Reserve dropped 42 tonnes for the month of October as foreign countries repatriate their gold.
Despite these declines the Fed's earmarked holdings are quite substantial to say the least.
One has to wonder why the German people are not able to get back their gold for seven years.
Read full article... Read full article...
Saturday, November 29, 2014
Gold And Silver For Elites, All The World’s A Stage, Including China And Russia / Commodities / Gold and Silver 2014
By: Michael_Noonan
While the Shakespearean reference, from As You Like It, compares the world to the seven
ages of man, it can also be applied to the way in which the Rothschild formula for gaining
control of a nation’s money supply ultimately leads to that nation’s total subjugation to the
elites. It is the elite rent seeking who control the world, and that will not change in the
lifetime of anyone reading this, perhaps even for several successive generations to follow.
“Rent seeking” is defined as those who spend wealth on influencing a nation’s government in order to increase one’s wealth without creating new wealth. Think of it more as a transfer of resources from any faction in favor of gaining control of those resources to those who have the power to influence. It is an inherently unfair redistribution mostly accomplished by manipulating disadvantageous competition, abetted by those who are in a position to bring about such change. Rent seeking through lobbying efforts is an easy example. The fascist corporate model in the US today, like Monsanto and its mandated use of GMOs is another, almost always at the expense of everyone else.
Read full article... Read full article...
Saturday, November 29, 2014
Black Friday for Gold and Silver / Commodities / Gold and Silver 2014
By: Jordan_Roy_Byrne
Black Friday has a few meanings. It has the retail connotation and interestingly also marks a Friday in September 1869 when the Gold price plummeted after two speculators attempted to corner the market. Today wasn't that bad for precious metals but it was a Black Friday given the severe selloff and the particular day and time of year. Gold declined over 2% and Silver lost nearly 7% while gold miners slipped 8% (GDX) and nearly 12% (GDXJ). Oil drove the decline but showed how vulnerable precious metals still are. Black Friday marked the end of the current rebound while raising the probability that Gold has yet to bottom.
Friday, November 28, 2014
Now Might Be A Good Time To Sell Gold Short-Term Before The Bounce / Commodities / Gold and Silver 2014
By: Submissions
Nicholas Maithya writes: The price of gold has been on a gradual decline since hitting its best form and highest price ever in history in 2011 when it eclipsed $1,873 per ounce. The price of the yellow metal has experienced several dips and rebounds during this time, but at the end of the day, the main trend has remained the same all through, with the price falling to the current level of $1,193, the lowest level since 2010. This movement has been driven by a series of events that carry both fundamental and technical characteristics.
Read full article... Read full article...
Friday, November 28, 2014
Will The Swiss People Resist The Massive Anti-Gold Propaganda? / Commodities / Gold and Silver 2014
By: GoldSilverWorlds
In this article, Claudio Grass, Managing Director at Global Gold Switzerland, provides an update on the context in which the Swiss vote is taking place this weekend. On Sunday, November 30th, end of day, the world will know whether Switzerland is going back to a form of a gold standard or not. What are the key takeaways right before the results of the gold vote?
The most striking observation of the vote is probably the huge propaganda that has been going in November. Claudio Grass, being a Swiss citizen but also working in the precious metals industry, points out that in October there was no public debate whatsoever about the vote. The establishment has been very quiet on the topic and there were no plans for any exposure on TV or in other media.
Read full article... Read full article...
Friday, November 28, 2014
Dramatic Increase in Gold Flows into China / Commodities / Gold and Silver 2014
By: Submissions
David Smith writes: For over two thousand years, China practiced what came to be known as the “tributary system,” reflecting the view that it alone was the center of the civilized world. All who wished to do business with the Chinese were considered tributary states. Rulers and travelers from other lands had to follow certain procedures, including gift giving, in order to associate or do business with them.
When Japan ignored this policy, it brought about two invasion attempts by the Mongols under Kublai Khan.
Read full article... Read full article...
Friday, November 28, 2014
Netherlands, Germany Have Euro Disaster Plan - Possible Return to Guilder and Mark / Commodities / Gold and Silver 2014
By: GoldCore
The Dutch and German governments were preparing emergency plans for a return to their national currencies at the height of the euro crisis it has emerged. These plans remain in place.
Friday, November 28, 2014
Gold Waiting for Godot / Commodities / Gold and Silver 2014
By: Alasdair_Macleod
Alternatively, watching paint dry. That’s how it has felt this week with gold’s volatility slowing to a crawl ahead of Thanksgiving yesterday and the Swiss gold referendum on Monday. However, Open Interest[i] on Comex[ii], has suddenly collapsed for both gold and silver, indicating something interesting is going on.
Friday, November 28, 2014
Russia’s Gold Monetary Solution / Commodities / Gold and Silver 2014
By: Alasdair_Macleod
The hypothesis that follows, if carried through, is certain to have a significant effect on gold and the relationship between gold and all government-issued currencies. The successful remonetisation of gold by a major power such as Russia would draw attention to the fault-lines between fiat currencies issued by governments unable or unwilling to do the same and those that can follow in due course. It would be a schism in the world’s dollar-based monetary order.
Friday, November 28, 2014
Gold and Silver Price Discovery - When the Wrong Men Use the Right Means / Commodities / Gold and Silver 2014
By: Dr_Jeff_Lewis
I’m not a real farmer. But I suffer the lessons and I do my best when I talk with friends, neighbors, and families about the unintended benefits of ‘growing your own’…
..There is universal agreement about the problem of not really knowing where ‘the food’ comes from.
That may be at the core but is the basis for another fiasco of ignorance. The basic need for fair value underlies civil society; it is part and parcel to understanding where the food comes from.
Read full article... Read full article...
Thursday, November 27, 2014
Gold Price Would Soar on Possible Swiss Yes Vote / Commodities / Gold and Silver 2014
By: GoldCore
There are just 3 days left until the“Save Our Swiss Gold” referendum this Sunday. On November 30, voters in Switzerland will head to the polls to decide whether the Swiss National Bank (SNB) should back the Swiss franc with gold by increasing its gold holdings to 20% - up from current levels of 7%.
The conservative Swiss People's party proposed the initiative, called "Save Our Swiss Gold", with the intention of boosting the security and financial and monetary independence of Switzerland in these times of financial uncertainty. They believe that a 20% gold holding will protect the Swiss people from currency debasement, currency devaluation and an international monetary crisis.
Read full article... Read full article...
Thursday, November 27, 2014
Silver Bear Still Looms Despte 10% Price Rally / Commodities / Gold and Silver 2014
By: Joseph_Russo
Rallying 10% from recent lows silver is nearing resistance
Per our last update, the prospect for some sort of pivotal turn-date occurring near Thanksgiving appears to be setting up as a plausible short-term pivot high rather than a long-term secular low. As I suggested weeks ago, this rally came as no surprise.
Wednesday, November 26, 2014
China Secret Gold Buying ... How Could It Happen? / Commodities / Gold and Silver 2014
By: John_Mauldin
By Grant Williams
“How could it happen, Grandad?”
The old man’s eyes misted over as he looked down at his grandson, who sat at his feet, his young eyes alive with questions as he turned the heavy gold bar over in his hands.
”I’ve told you the story too many times to count,” said the man, half-pleading, but knowing full-well he’d soon be deep into the umpteenth retelling of a story he’d lived through once in reality and a thousand times more through the eager questioning of the young man now tugging at his trouser leg. “Why don’t I tell you the story of how I met your Grandma instead?”
Read full article... Read full article...
Wednesday, November 26, 2014
Gold and Silver Refreshing Resilience / Commodities / Gold and Silver 2014
By: Jesse
Gold and silver held their prices well today with silver actually gaining some ground. Not bad for the day after a Comex option expiration.
This Friday the December contract becomes active on first notice, so we might see some changes in open interest.
Not much to report in the delivery category, but the Comex warehouse show the continued drip, drip of bullion out of their domains.
Read full article... Read full article...