Hedge-fund managers are making the biggest ever bet against gold as billionaire
George Sorossold holdings last quarter and Goldman Sachs Group Inc. predicted more declines after the longest slump in four years.
The funds and other large speculators held 74,432 so-called short
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We have tried to balance supply and demand figures in the gold market to answer a 15-year-old question: Where is the supply of gold coming from? In 1998, Frank Veneroso first suggested that it was the Western central banks that were supplying the market and we’ve been looking for a smoking gun ever since.
We have published our research several times, but none has received more attention am...
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“We don’t have to worry about a recession — we are in a depression,” says James Rickards.
“If you take the classic definition of a sustained, long-term downturn with economic growth below trend, then we are in the midst of a depression,” says the senior managing director of Tangent Capital and author of “Currency Wars.”
Rickards doesn’t see Fed Chairman Ben Bernanke as h...
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In the context of the current U.S. Dollar valuation bubble, silver’s eventual price rise seem inevitable. This paper currency bubble commenced with a desperate flight to quality, despite the fact that the U.S. Dollar had been an intrinsically worthless currency since it was taken off the gold standard by Nixon in the early 1970’s.
Silver is one of many sought after investment choices whe...
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The price of gold is going down. That is what the charts, newspapers and pundits are all saying. What I think they are deliberately not saying is that the value and desirability, as opposed to the price of gold, is going up and will go up further.
Make no sense? Well I think it does if you remember there are two types of ‘gold’ for sale. One is metal, the other is paper. It is paper g...
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WASHINGTON (MarketWatch) — The number of people who applied last week for new unemployment benefits surged to the highest level in a month and a half, indicating the U.S. labor market is still not healing fast enough to rapidly bring down the nation’s jobless rate.
Sarah Azad, a senior majoring in telecommunications at New York City College of Technology, wai...
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WGC said global banks bought 109 tons of gold from January to March. However, the figure was 5% lower than the purchases a year ago.
LONDON(BullionStreet): Central banks continued to buy gold and remained significant acquirers of gold during the first quarter this year, making purchases in excess of 100 tons for the seventh consecutive quarter.
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The recent major selloffs in silver have given (
SLV) investors an excellent chance to accumulate a long-term position in physical holdings and silver companies. As the price has come down I have been recommending for some time to dollar cost average and/or pyramid down into silver and silver equities. So what is t...
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