• Sprott Money
    03/26/2015 - 11:56
    Take the S&P Index and multiply by the US dollar index. This removes most of the currency variation. Do the same with silver. The chart of silver times the dollar looks very much like silver...

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UK, Irish Property Prices Falling ... Again - Eurozone "Danger Zone"





Japan has returned to zero inflation after recently emerging from recession, once again highlighting how ineffective QE has been at creating a real, sustainable economic recovery.

 
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Oil Surges, Gold and Silver Spike as Saudi Arabia Bombs Yemen





 Saudi attack is an escalation of Middle Eastern proxy war between Gulf States and Iran - Action has broader geopolitical implications in deepening cold war between the West and East

 
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Global Risks To Irish Economy Being Ignored Again





Ignoring the considerable risks in the mid 2000s led to the global financial crisis. Irish politicians, bankers and financial experts, like their international counterparts, are slow learners ... 

 
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HSBC Not Closing Gold Vaults – Safety Deposit Boxes of Clients Being Closed





Banks and insolvent governments desperate for cash likely also dislike safety deposit boxes as they are a means for people to protect and grow wealth and protect themselves from bail-ins and deposit confiscation. A percentage of box holders also store cash and bullion.

 
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EU and Greece Running Out of Time – As Bank Runs Intensify, Bail-Ins Likely





Greece – faced with illiquidity, insolvency and a potential banking collapse – is running out of time and appears to be on the back foot as its international creditors refuse to countenance any debt restructuring, rescheduling or forgiveness.

 
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Gold Downside $850/oz; Upside Jump to $2,000/oz on ‘Grexit’





The inverted relationship between gold and the dollar broke down in November 2011. The dollar soared from July to the present, spiking 21% against the other major currencies. Most of the negative commentary regarding gold in recent months misses the rather bigger point that the gold price has held up remarkably well given the extent of dollar’s move.

 
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Gold Surges – Fed Loses “Patience” and Signals Loose Monetary Policies to Continue





Many analysts regard this as further evidence that the Fed is caught in a bind. What is yet to be appreciated by most analysts is that it is unlikely that the massively over-leveraged and debt-saturated financial system can weather increases in interest rates.

 
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Gold Price to Double to Over $2,400 Per Ounce - Demand in Asia to Double in “Asian Century”





“Most of the time you don’t want to pay for it. But if you need it, you’re glad you have it ...”

 
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Irish Finance Minister Dumps Stocks - Buys Gold





Happy Saint Patricks Day ! Thanks to all ZeroHedge readers for interaction, shares and indeed business.

 
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Gold Up 11% in Euro This Year As Currency Wars Intensify





Gold's up 11% against the euro this year, in addition to 12% last year. It has risen versus many major currencies and suffered only modest declines in a few currencies this year. Most central banks are involved in competitive currency devaluations.

 
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Apple Gold Demand - Bloomberg View Misrepresents GoldCore





- Silly gold ‘bug’ name calling shows bias against gold and towards stocks   - “Gold bugs” and “stock roaches” can peacefully coexist - Maybe a rational debate would be enlightening  ...

 
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‘BREXIT’ Poses Risks To Sterling Assets – UK Stocks and London Property





With all the focus on Grexit in recent weeks, investors have not paid much attention to the risk posed by ‘Brexit’ or the possibility of the UK leaving the European Union.

 
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Currency Wars Continue As IMF Concedes End To Dollar Hegemony





Last month the Deputy Managing Director of the IMF, Japan’s Naoyuki Shinohara, openly stated that emerging markets in Asia should begin the process of de-dollarisation “to mitigate against external shocks and constraining the central bank’s ability as lender of last resort.”

 
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Apple To Consume 1/3 Of World’s Annual Gold Supply?





There is a major new buyer in the gold market - Apple  ... New Apple watch could use up to one third of total annual gold supply... Each watch to use up to two ounces of gold... May have enormous ramifications for gold market and propel prices higher

 
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