* Spot gold neutral in a range of $1,282-$1,289/oz- technical * Fed's Yellen to speak at 1400 GMT and ECB's Draghi at 1900 * Geopolitical concerns support prices - Gold prices were mostly unchanged on Friday, with investors waiting for cues from speeches by U.S. Federal Reserve Chair Janet Yellen and European Central Bank President Mario Draghi at a gathering of... read more

One of the little-known items on the Fed’s balance sheet is a vital asset it received from the U.S. Treasury a long time ago… During the Great Depression, in 1933, President Roosevelt issued an executive order requiring anyone with gold to surrender it to a Federal Reserve bank or any member bank of the Federal Reserve system. The Federal Reserve banks also required the commercial ban... read more

Germany’s central bank just shifted 50,000 gold bars held overseas due to Cold War fears Germany's central bank completes transfer of $27.9 billion worth of gold bars back to Frankfurt. A total of 53,780 bars were being held by the Federal Reserve in New York and France's central bank to hedge against political and currency risks. The transfer was completed three years ahead of expectati... read more

Persistently low inflation, or "lowflation," is vexing lots of people. According to the recent minutes of policy meetings of the Federal Reserve and the European Central Bank, central banks on both sides of the Atlantic have been trying to identify the causes -- but with limited success so far. This complicates monetary policy decisions and undermines the range of institutional solutions that h... read more

The clouds have not lifted from the heart of the financial center within the European Union on the continent. The origin of the next crisis is unseen yet in plain view if you care to look. Ten years since the financial crisis of 2007-2009, the core fundamental problems in the banking sector have not yet been resolved and still fester beneath the surface. Indeed, following the collapse of the... read more

Two weeks after Ray Dalio warned in his latest letter to Bridgewater clients [4] that the right trade in the current environment is to buy gold in case "things go badly", the head of the world's biggest hedge fund is out with his gravest warning yet, saying that he is "concerned about growing internal and external conflict leading to impaired government efficiency." In his LinkedIn post, he wri... read more

Take it from “Dr. Doom”: own some physical gold and keep it out of the banking system. Dr. Marc Faber, a legendary investor and the editor/publisher of the Gloom, Boom & Doom Report, is well known for his contrarian investing style. In a recent Metal Masters interview with the Hard Assets Alliance, he noted that the biggest geopolitical risk for Americans today is not a conventional war... read more

I don�t like to use inflammatory language, such as the title of this article, but the message from the mainstream media about gold demand is a lie misleading. Yes, coin purchases in North America are down compared to last year (a record-setting year, by the way). It�s been soft at a few other Mints as well, such as Perth. But Eagle and Kangaroo purchases aren�t the whole market. Y... read more

As we move through the middle of the month of trading in August, the inflation/deflation war is heating up.  Importantly, what this will mean for gold and the Fed. – Here is what Peter Boockvar noted as the world awaits the next round of monetary madness:  Bottom line with the just released FOMC minutes is this, the only thing the Fed seems comfortable committing to right now is QT... read more

With the Dow down nearly 300 and the Nasdaq tumbling almost 125, one of the greats in the business just issued this dire warning. – A portion of today’s note from legend Art Cashin:  Ill Prepared, Indeed – In his insightful Geostrat blog, Bob Hardy revealed that less than half of the U.S. Air Force bomber fleet is ready for action. Another friend, and fellow market veteran, Jim Br... read more