"If you own gold, you are in a war"

[defio70]

10 Gold Charts Commercial Investment Firms Don't Want Their Clients to See

Here are 10 gold charts that every global commercial investment firm is terrified to show their clients. When priced in ounces of gold, major western stock market indexes have performed horribly over the last 8 ½ years. Since, 2002, the US S&P 500 has lost a whopping 78% of its value. The Australia ASX All Ordinaries Composite (similar to the US S&P 500 index) and the UK FTSE indexes have not fared much better, respectively declining 70% and 77% in value. So despite all the hoopla about record runs in global stock market indexes in 2009, the great bubble machines operated by Central Banks have guaranteed that it may take another 20 or 30 additional years before investors break even in nearly every developed stock market index and even some emerging stock market indexes when the returns of these indexes are measured in gold.
http://tinyurl.com/2u9tmko

[dlry]

Just a matter of time.


LBMA, LPMCL and the use of fractional banking techniques and derivatives in the gold market.

It is well known that most of physical gold is being stored in the vaults of LBMA member banks. The institution which says so is the LPMCL (London Precious Metals Clearing Limited) which is, surprise surprise, owned by those same banks which are members of LBMA. It has been said numerous times in the past, and most recently by GATA board member Adrian Douglas, what is the true structure of gold market and that the contracts being traded are not contracts based on physical gold, but at best primary miner-LBMA forwards [rarely futures], and most often bars with multiple CUSIPs assigned to them. Basically most of the daily volume and value being traded on the gold market compromises of derivatives and second derivatives [second derivative being either put or call on a forward contract or futures contract on a forward].

What is even more believable when we are talking about the manipulation in the gold market is that the same treatment which is being applied to physical bullion [assigning multiple CUSIPs to same gold bars [by LPMCL]] is also applied towards primary miner-LBMA forward contracts. If we use a conservative estimate of minimal reserves and say it is 10% that would mean that one primary miner-LBMA forward for 1000 ounces, can create, out of thin air, 100 000 ounces of new gold, without any physical gold actually being mined or traded in the market.Think about what 100 000 ounces of new gold hitting the market would do to its price. Something like this maybe [actually i dont believe such a large quantity ever hit the market in just one infusion]:

There you go ladies and gentleman; the undeniable truth about the suppression of gold price using the same methods and instruments that are being used when it comes to banking, currency and OTC derivatives market. I will follow this with a more detailed expose on LBMA, LPMCL, GLD SPDR ETF, derivatives and structure of the market. Since this topic abounds with vast pool of information; each of the aforementioned structures will be introduced separately in the upcoming posts about the world of Gold. Trade safely and always demand delivery.

http://tinyurl.com/2ecmtk5

[Entendance]

Business is booming for gold dealers in Euroland. Most coin sellers are completely out of gold, and they're starting to run low on silver, too.
The reason?
This month, the European Central Bank (ECB) made a historic decision — stupid and short-sighted, but historic nonetheless...
They decided to join Bernanke's money-printing orgy, gobbling up bonds and cutting interest rates to near zero.
The ECB's initial claims are that its version of QE will be "sterilized" — meaning that for every euro printed, one would be removed from the system.
But that wouldn't be a very effective way to print money, would it?...
http://tinyurl.com/2wdfphw

Speculators are buying gold faster than the world’s biggest producers can mine it as analysts forecast a 27 percent rally that may extend the longest run of annual gains since at least 1920.
Gold is still at half the peak set in 1980, after adjusting for inflation. Then, prices rose to $850, equal to $2,266 today, according to a calculator on the website of the Federal Reserve Bank of Minneapolis. Supply from mines, which peaked in 2001, fell in five of the last eight years, data from London-based GFMS show. Companies are digging deeper to extract dwindling reserves, with mines in South Africa extending as far as 2.35 miles (3.8 kilometers) down.
Investment, including bars and coins, almost doubled to 1,901 tons last year, exceeding jewelry demand for the first time in three decades, according to GFMS. Jewelry will jump 19 percent to 2,100 tons this year and industrial use 8 percent to 398 tons, Sydney-based Macquarie Group Ltd. says...
http://tinyurl.com/276howg

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[GSIMMERLE]

Eric Sprott To Buy $235 Million In Gold, Or Over 6 Metric Tonnes, As Part Of PHYS Follow-On Offering

...At a post-announcement per unit price of $11.40, this means Sprott will buy $235 million worth of gold in the open market. At today's gold price of $1,200 this translates into 195,833 troy ounces of gold to be acquired, or roughly 6 metric tonnes. Somehow, we don't think the LBMA will be too thrilled with this extraction of physical gold out of the controlled synthetic precious metal ponzi system.
http://tinyurl.com/292h3v8

[dlry]

Not saying it goes there but $5000 seems reasonable

Gold at $36,000 Not as Ridiculous as It Sounds?

“I could be really obtuse and say $36, 000,” he said. “But actually it’s not as ridiculous as it might sound.”

http://www.cnbc.com/id/37352471

[Entendance]

...As many of you know who watch my videos, we use our weekly "Trade Triangles" for trend direction and our daily "Trade Triangles" for timing entry and exit points. It was those daily "Trade Triangles" that flashed a buy signal on 5/25.
Given the chaotic state of the world and all the cross currents that are running in the banking system, we would not be surprised to see gold once again climb up and challenge the $1,250 level. All of our "Trade Triangles" are green and 100% to the upside. This indicates that a strong trend is once again in place for the gold market...
VIDEO http://tinyurl.com/2uuqbun

Anse Intendance...because this place is for Uncolonized Minds


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[defio70]

If 1 + 1 Still Equals 2 Then Gold Should Explode!

http://tinyurl.com/3779mzm

[defio70]

Iran's central bank has announced it will sell 45 billion euros from its foreign exchange reserves to buy dollars and gold, Reuters reported Wednesday, citing China's official Xinhua news agency. Xinhua said the sales would take place in three stages and that the first was already under way
http://tinyurl.com/33tzkxf

[dlry]

Got Gold?

For millennia, gold was money. It was the no risk way to store wealth. Over the last few generations, the Western World has allowed governments to decide what constitutes money. They were never good stewards of the currencies they created. However, a slow and creeping depreciation is easy to ignore. What governments of the world are contemplating now cannot be ignored. The US expects trillion dollar deficits for the next decade. Are they on glue? Does anyone think they can even hit those deficit targets? Europe doesn’t even really have a plan. They are making it up as they go. Greece set the precedent. They spent themselves broke and asked for a bailout. What reason does Spain have to even try and balance the budget—they want the Greece treatment. Poor Ireland—they actually went down the austerity road. They tried to do the right thing. Now, they’ve been called upon to bail out the Greeks who didn’t even make an effort. Will politicians ever again risk re-election in the name of austerity? Or will the new rallying cry be to spend the money before the Greeks do? We now know the ECB stands for European Commission for Bailouts. They’ve shown their hand.

For the past decade, gold has slowly crept higher. One by one, people have awoken to its charms. It’s not really an investment per se—It’s an escape from government imprudence. You don’t own gold because you expect it to do remarkable things—you own it because you are scared of your government doing remarkable things. Think of gold like the credit rating of world governments. It’s the CDS you buy if you don’t trust the politicians and their stewardship of the currency.

http://adventuresincapitalism.com/post/ ... -Gold.aspx

[defio70]

Gold Attempting To Break Out to New Highs

...I am getting more anecdotal information of panic buying of physical bullion especially from substantial holders of 'old money' and amongst some of the average investors in Europe and Asia. I do not think that the public by and large has even started to buy bullion in the States. When they do the Comex will be overwhelmed and simply default, and then the situation will intensify as even more financial frauds and semi-official corruption begins to be revealed across many markets and institutions that have been operating in secrecy...
http://tinyurl.com/2brncst

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