Currency Wars - ECB Warns Re Trump, Russia and Turkey Buy Gold and BOE Bitcoin Warning

Russian Central Bank Buys Gold 600,000 Ounces In January As Venezuela Launches ‘Petro Gold’

US-China Trade War Escalates As Further Measures Are Taken

Bank Bail-In Risk In European Countries Seen In 5 Key Charts

Bitcoin or British Pound ‘Pretty Much Failed’ As Currency?


News and Commentary

Trump Currency Wars - ECB Warn (

Gold swings higher as dollar surrenders early gains (

Gold books slight gain as dollar softens (

U.S. 30-year mortgage rates rise seventh straight week (

Stocks rebound in broad rally as strong labor data overshadows Fed jitters (

Source: ZeroHedge via Econimica blog

Twin beliefs propping up this market are crumbling (

Platinum is the one asset I feel tempted to bet on right now (

Who Will Buy Trillions Of US Treasuries? (

Are Bitcoin Gains a Loss for Gold Investors? (

How to protect your portfolio from the next banking crisis (

Gold Prices (LBMA AM)

23 Feb: USD 1,328.90, GBP 951.09 & EUR 1,079.20 per ounce
22 Feb: USD 1,323.50, GBP 952.66 & EUR 1,076.40 per ounce
21 Feb: USD 1,328.60, GBP 952.87 & EUR 1,078.16 per ounce
20 Feb: USD 1,337.40, GBP 955.97 & EUR 1,083.83 per ounce
19 Feb: USD 1,347.40, GBP 961.10 & EUR 1,085.47 per ounce
16 Feb: USD 1,358.60, GBP 964.61 & EUR 1,086.47 per ounce
15 Feb: USD 1,353.70, GBP 962.21 & EUR 1,084.45 per ounce

Silver Prices (LBMA)

23 Feb: USD 16.61, GBP 11.88 & EUR 13.50 per ounce
22 Feb: USD 16.47, GBP 11.86 & EUR 13.40 per ounce
21 Feb: USD 16.44, GBP 11.80 & EUR 13.35 per ounce
20 Feb: USD 16.57, GBP 11.85 & EUR 13.42 per ounce
19 Feb: USD 16.72, GBP 11.92 & EUR 13.46 per ounce
16 Feb: USD 16.84, GBP 11.97 & EUR 13.49 per ounce
15 Feb: USD 16.83, GBP 11.98 & EUR 13.49 per ounce

Recent Market Updates

- Russian Central Bank Buys Gold – 600,000 Ounces Or 18.7 Tons In January As Venezuela Launches ‘Petro Gold’
- Bitcoin or British Pound ‘Pretty Much Failed’ As Currency?
- Bank Bail-In Risk In European Countries Seen In 5 Key Charts
- US-China Trade War Escalates As Further Measures Are Taken
- Gold Up 3.8% In Week – If Closes Above $1,360/oz Will Be Biggest Weekly Gain In Nearly 2 Years
- Is The Gold Price Heading Higher? IG TV Interview GoldCore
- Global Debt Crisis II Cometh
- Sovereign Wealth Funds Investing In Gold For “Long Term Returns” – PwC
- Bitcoin and Crypto Prices Being Manipulated Like Precious Metals?
- “This Is Where They Completely Lost Their Minds” – Hussman
- Brexit Risks Increase – London Property Market and Pound Vulnerable
- Peak Gold: Global Gold Supply Flat In 2017 As China Output Falls By 9%
- Crypto Currency Backlash Sees Flight From Cryptos and Bitcoin

Call for Gold Sovereigns at Ultra Low 4% Premium For Storage in London or Insured Delivery


BobEore DuckDog Fri, 02/23/2018 - 21:52 Permalink


Four days... in a row! OF THE EXACT SAME jabbering bullshot bout "Russia buys... Turkey byes... and lullabies of the

dissimulationist kind!!!! SMELLS LIKE 'capitulation'... on the part of 'analcysts' who have simply run out of runway/// and are ready to run away at last - when faced with the inevitable end to their scam "gold to the moon" coke-spooned doom.

Tis over. For the moronic "Adding to reserves" phony journalism kind of fake news storyline. Thought I'd just pass up this b.s. after seeing three days of the same turgid lies trotted out by one after the other tired turd of a peddlin herd. But

butt... tis too rich! Even the witless audience of gomers is speechless with boredom! Way back when

When I dissected for all time the scam by which 'governments' have come to simply fiddle statistics into 'musical' gold on their balance sheets... or simply 'steal gold' from their citizens in fake gold scams..

or simply add real gold to their 'reserves' due to being unable to sell it on the open markets - as carefully explicated - herein -

it became apparent for all time, that the 'central bank' of the eastern {fill in blank here}kind ... is NOT 'buying gold' at all.

And that the inevitable end of all pumper pimps of the roxx-in-head kind... was nigh.

Nein nein>? Okey dokey.... carry on screamin!



In reply to by DuckDog

BobEore Pearson365 Sat, 02/24/2018 - 09:03 Permalink

Actually, I pay little attention to the vagaries of shinys' minor movements in USD. It is not of importance to me so why would I spend time analyzing it? As I've stated for the record ... many times before here....

if you bought gold sometime before the pump n dump which began in 2010/

in a currency other than a western one\

in physical form, from a mint other than a five eyes one\

and proceeded to evacuate from Gulagistan in the same timeframe/

you are lookin good right now.

If you did not... it's over. You got burnt.

You can continue pore over charts, make plans, push vote buttons, make jokes about lakes and boating accidents... but minus the above ingredients,

your cake jus ain't gonna rise/

Writhe away bouys!


In reply to by Pearson365

JibjeResearch Fri, 02/23/2018 - 19:19 Permalink

Fiats currencies: Pound, USD, Euro, Yen, and Yuan.

The USD, Euro, and Yuan will have meaning.  The others two will accommodate the 3 main fiats.

Gold based currency?  It will work for a short time. 

The currency war is irrelevant in the long run because everybody will debase the fiats, you'll see them taking turn with inflation.

Everything is relative!

Silver Savior Fri, 02/23/2018 - 19:53 Permalink

One of my obscure crypto tokens is up over 80% today when I last checked. I have no idea why or how but it's cool. Free money kind of like universal basic income lol. 

All that crypto is good for is buying silver and gold though. I plan to do all my selling at the end of the year. Hope it all goes crazy beyond physics. 

I believe in transfers of wealth. And exchanging bad representations of money (currency) for king money. (Gold/Silver.