Today we wanted to discuss a second round of “Holy Grail” evidence which implicates Western central banks in actively manipulating the gold market. This has the West panicked because the information was inadvertently released to the public. Chris Powell, who has been focused on uncovering this type of sensitive information for 15 years, spoke with KWN about this remarkable situation as... read more
In an attempt to address steep devaluation of the rupee against the dollar, Pakistan on Tuesday temporarily banned import of gold to save the precious foreign currency reserves.
The Economic Coordination Committee of the Cabinet, headed by Finance Minister Ishaq Dar, took the decision to ban the import of the yellow metal for one month with immediate effect.
During a meet... read more
“I don’t think there was one person who saw this coming.”
Those words were spoken by a stunned, defeated Romney campaign advisor on election night of the 2012 presidential campaign.
Poll after poll had buoyed Republican hopes. All of the old-fashioned indicators pointed to a Romney victory. That is, until the first voter-turnout results started pouring in.
What the Romney campaig... read more
On the heels of news coming out of the Fed, today a legend in the business warned King World News that the Fed is actually going to dramatically increase the monthly stimulus figure from the current level of $85 billion per month, and that this will lead to an eventual collapse of the currency. Keith Barron, who consults with major companies around the world and is responsible... read more
On The Intrinsic Value Of Gold, And How Not To Be A Turkey
One thing we’ve learned in our time in the investment industry is that people love things that go up. They also hate things that go down, albeit with more intensity. So when gold was going up in every consecutive one of the last twelve years, people quite liked it. But today its price is going down and people don... read more
Interest rates will hold near zero and the Federal Reserve will continue buying $85 billion in bonds every month while the economy continues to improve at a "modest" pace, the central bank said Wednesday.
Amid a backdrop of gradually improving economic data and concerns of asset price inflation, the Fed... read more
(Reuters) - The price of gold has room to increase even if U.S. interest rates keep rising as an improvingeconomy should boost demand by jewelers and manufacturers, a report by the World Gold Council trade group said on Wednesday.
A brighter U.S. economic outlook has put the Federal Reserve on a path to reduce its $85 billi... read more
Gold (very short-term)
The gold price is close to moving strongly either way, in New York today.
Silver (very short-term)
The silver price is close to moving strongly either way, in New York today.
Price Drivers
Gold & Silver – There were no sales from the SPDR gold ETF on Tuesday leaving the total of the SPDR gold ETF a... read more
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Are you invested in or looking to buy into the silver market? Back in April we wrote an article illustrating the seasonal trends for the price of silver. At that time we determined that it may make sense to wait for a more favorable time of year to buy new positions. Based on silver performance in past years, would it have made sense t... read more
Gold rose in London, extending the biggest monthly gain since January 2012, as a three-day drop spurred more buying and investors awaited results of the U.S. Federal Reserve’s policy meeting.
The Bloomberg U.S. Dollar Index, a measure against 10 major currencies, was little changed before the central bank ends a two-day meeting today... read more
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