Archive - Jun 27, 2013 - Blog entry

With the Comex futures prices becoming increasingly irrelevant, a Physical Gold price datasource for buyers of physical Gold

What a Boomer, what a screwer; What a Ponzi come-er true-er was he

This a fairly broad topic, and any "rules" would be vague at best, so i'll use recent trading activity as an example.  Often markets (and traders) are described as schizophrenic...and perhaps that should even be part of the job description....here's an example why...

“We’re just building a bigger and bigger time bomb.”

The Accident Is NOT Contained

That is a truly staggering collapse in incomes. The last time we say anything even close to this was in the third quarter of 2008.  

And news from Mars...

Physical demand remains robust internationally especially in China and India where premiums are moving higher again.  In China, physical demand remains robust and premiums remain at elevated levels near $35/oz. In India, premiums charged shot to $20 an ounce overnight from $8-$10 on Tuesday.

The late 20th century was a jam-packed time for stock-market crashes that would change, shape and alter our lives in so many ways.

Let's discuss what an increase in rates, even a slight nominal blip, really means for those of us in the EU and the US.

Gold miners hedged by selling their production forward during the bear market. Later, when the price was rising, they bought back their hedges at great expense (Barick alone wasted $6B). There is a better way.