In November, the ECB (European Central Bank) surprised the markets by dropping its refinancing
rate to 0.25 percent to avoid dreaded
deflation, and announced it seeks to keep
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The next translation I present is from
a speech by Zhang Bingnan, financial expert for CCTV and vice president of the China Gold Association, an institution that acts as a bridge between the Chinese government and gold producers in protecting business interests and providing information, consultancy, co-ordination...
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The Government is The Counterfeiter, Creating Billion's of Dollars a Month out of The Clear Blue", "Im Confidant The Dollar Will Not Remain the Reserve Currency of the World", "When The Fed took over the Dollar, Gold was $20.00 an ounce, Now it's $1200 an ounce. That's the Long Term Devaluation Destruction of the Currency"
Ron Paul, former congressman and current host of TheRonPaulChannel.co...
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SINGAPORE/SHANGHAI — China has granted licenses to import gold to two foreign banks for the first time, sources said, as moves to open the world's biggest physical bullion market gather pace.
Allowing more banks to import gold could increase the su... read more
It is always difficult to forecast a year out what we expect from gold, silver and especially the mining shares. As many of our more recent interviews have discussed we do think the bottom has been obtained in silver (June 28th 2013) and gold may test the $1179 level but for all practical purposes gold has made its bottom as well.
We certainly are aware that... read more
In June 2013, when the gold price touched its
multi-year lows (just below USD 1,200), demand for physical gold truly exploded. It had been one of the reasons for which we remained believing that the gold bull market has no...
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"
The Fed's policies have actually led to a lot of problems around the world," Marc Faber begins his discussion with
Bloomberg TV's Trish Regan [16], especially "people in the lower income groups [who] spend say 30% of their income on energy, transportation,...
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China National Gold Group Corporation, General Manager Sun
Zhaoxue has come out and told the world media that the
U.S. is suppressing the gold price. The reason for America’s
manipulation of gold is to ensure U.S. Dollar dominance on
the world stage. America has by default ended up with the
world’s reserve currency and therefore , get the world to work
for them in exchange for an ever...
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Griffiths: “I think in terms of cycles and the normal cycle is roughly 4 years long. Since 1945 there has been the 4-year US presidential cycle. The way that works out on averages after a recession period is you tend to get 3 really good years in the stock market, and then the 4th year is a correction....
Well, after the low in 2009 you would normally, in the seasonally weak period...
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Gold fell by 28% in 2013. That's a
huge reversal of a decade-plus trend.
Between 2001 and 2012, gold managed positive gains
every single year, a track record unmatched by any major asset.
The precious metal went from a low of $255 in April 2001 to a high of $1,900 in September 2011, for a peak return of 745%.
Since then, gold has given back 35% from its $1,900 hig...
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