Chavez repatriates Venezuela's foreign gold reserves

Chavez repatriates Venezuela's foreign gold reserves Venezuela has received its first shipment of gold bars, after President Hugo Chavez ordered the repatriation of 85% of the country's bullion reserves. The gold was unloaded from a plane and taken under heavy guard to the Central Bank in the capital, Caracas. President Chavez has explained...

Jim Sinclair interviewed by James Turk

James Turk, Director of The GoldMoney Foundation, talks to Jim Sinclair, about his successful gold price predictions, US debt problems, how to ride the trend and the second phase of the gold bull. It's a gear change from arithmetic to exponential growth as public perceptions about the safety of the US dollar changes. The debt ceiling debate is a wake up call for people all over the world. The...

Top Gold Seers Forecast Record High in March

The most accurate forecasters say gold will rebound from its biggest monthly plunge since 2008 and reach a record by March because economic growth is stagnating and Europe’s debt crisis is unresolved. Futures traded in New York may rise 13 percent to $1,950 an ounce by the end of the first quarter, according to the median of estimates compiled by Bloomberg. The predictions are from eight of the top...

GOLD BULLION SUPERHIGHWAY ROAD MAP CHART

GOLD BULLION SUPERHIGHWAY ROAD MAP CHART ...

China punters sway gold market

Wednesday, August 31, 2011 Mainland punters have emerged as a formidable force in the international gold market and are one of the main reasons for the ongoing volatility in gold prices, say Hong Kong industry sources.The spot price of gold has lurched between US$1,640 per ounce and US$1,900 in the past month. From 7.30pm Hong Kong time yesterday the price went from US$1,785 to US$1,840 in a matter...

A New (G)old Standard? It's...Academic

A New (G)old Standard? It's...Academic Gold prices fell by the most in a year-and-a-half on Tuesday as the quest for safe-haven turned into a quest for securing profits and being the first one out from an apparently extremely overbought market. RSI metrics had been above the 70-mark for more than two weeks while gold vaulted 14% during the very month that is normally price-unfriendly....

Robin Griffiths - Important Price Targets to Look For in Gold

With the gold market experiencing profit taking, today King World News interviewed one of the top strategists in the world, 40 year veteran Robin Griffiths of Cazenove.  Cazenove is one of the oldest financial firms on the planet and is widely believed...

Precious Metal Margin Warfare Jumps The Pacific, As Shanghai Hikes Gold Margins For Second Time In A Month, Prepares To Crush Silver

http://www.zerohedge.com/news/precious-metal-margin-warfare-jumps-pacific-shanghai-hikes-gold-margins-second-time-month-prepa Wondering why gold dropped by almost $100 today? Wonder no more: today the Shanghai Gold Exchange lifted gold margins for forward contracts the second time this month to 12% beginning on Friday, in a move that is starting to resemble the CME's vendetta with silver back...

Merkel Rejects Seeking Collateral in European Bailouts as Splits Emerge

Merkel Rejects Seeking Collateral in European Bailouts as Splits Emerge German Chancellor Angela Merkel rejected demands that Greece provide collateral for emergency loans as splits emerged in her Cabinet, reflecting euro-area divisions on the issue. Merkel told lawmakers from her Christian Democratic bloc that a call by Labor Minister Ursula...

Gold settles at record, $2000 within sight

Gold settles at record, $2000 within sight http://www.perthnow.com.au/business/gold-settles-at-record-2000-within-sight/story-e6frg2r3-1226118650020GOLD futures surged to another record overnight as investors held a dim view of global growth prospects and sought instead the perceived safety of the metal.  ...

Gold to shine on 40th anniversay of Nixon Shock

http://www.telegraph.co.uk/finance/commodities/8687368/Gold-to-shine-on-40th-anniversay-of-Nixon-Shock.html As we approach the 40th anniversary of the Nixon Shock, which ended the convertibility of the US dollar into gold, the price of the metal continues to hit new highs. With S&P's downgrade of the US's credit rating on Friday,...

FOFOA FreeGold

http://fofoa.blogspot.com/2008/09/freegold.html Some of FOFOA's excellent blog posts regarding freegold theory. The FOFOA blog is a recommended read. Sunday, September 21, 2008 FreeGold Earlier on Randy's blog I said that I would post the only possible solution to this crisis here tonight. Some people might have thought that Karl Denninger's solution was that post. It was not....

Gold prices slump 3% on stock bounce, margin hike

NEW YORK: Gold recoiled after tapping a new record on Thursday, heading for its largest daily loss in over a year as an equities rebound and higher trading margins fanned profit-taking from the biggest rally since 2008. Prices slumped nearly 3 per cent and fell over $80 from their overnight peak in one of the biggest daily swings ever. Yet analysts showed no sign of revising their bullish...

Gold Prices at $1,800: You Ain't Seen Nothing Yet...

 http://www.taipanpublishinggroup.com/tpg/smart-investing-daily/smart-investing-081111.html Smart Investing Daily reader G.T. writes in with a question. Several, really, but all worthy of an answer. He asks: With the latest drop in the equity market, presumably because of the U.S. debit, why doesn't the Federal Reserve sell off some...

Mexico ups gold reserves by over 90 tonnes in two months

http://cnbusinessnews.com/mexico-ups-gold-reserves-by-over-90-tonnes-in-two-months/ Mexico massively ramped up its gold reserves in the first quarter of this year, buying over $4 billion of bullion as emerging economies move away from the ailing U.S. dollar, which has dipped to 2-1/2-year lows. The third biggest one-off purchase of gold...

South Africa's gold miners begin strike over pay

http://www.bbc.co.uk/news/world-africa-14324063 Almost 100,000 gold miners have begun an indefinite strike in South Africa calling for a 14% salary increase.The stoppage could cost the gold mining sector $25m (£15m) a day in lost output, economists say. The National Union of Mineworkers (NUM) told the BBC it would affect all the top...

Griffiths goes for gold - again

Mike Foster21 Jul 2011 Back in mid-May, the price of gold, at $1.490 an ounce, was looking soggy. But poor sentiment didn’t put Robin Griffiths of Cazenove Capital off the yellow metal. On the contrary, he decided the traditional summer lull would come to an end early – by June 29, to be precise. Following a 0.68% rise to $1.510...

Ron Paul worries Fort Knox gold is gone

WASHINGTON (CNNMoney) -- With the price of gold at record highs, presidential candidate Rep. Ron Paul wants to make sure the U.S. gold bars at Fort Knox are really there. Paul called a congressional hearing Thursday to grill federal officials about his bill to audit and inventory all of the gold reserves at Fort Knox, Ky., West Point,...

GREEK SAVERS RUSH FOR GOLD

By Kerin Hope in Athens Published: June 21 2011 13:50 | Last updated: June 21 2011 22:34 Greek citizens are emptying savings accounts and buying gold as they brace themselves for the possibility of a sovereign default and a run on the banks. Pledges by socialist prime minister George Papandreou that his government would “save the country” have been widely discounted by the public. Sales of...

Is Gold Flying Under the Radar?

Is Gold Flying Under the Radar? It’s hard for Americans to understand that gold is an asset that reflects global confidence, not just confidence in America. So arguments against gold that are focused just on America are not entirely valid to me. Even if we solved our debt problems, which is unlikely, there still would be huge sovereign...

These 90 Analysts Believe Gold Will Go to $5,000/ozt. – or More!

By: Lorimer Wilson http://www.munknee.com/2011/10/is-gold-on-its-way-to-3000-5000-10000-or-even-higher-these-analysts-think-so/ Of the 133 analysts who have now gone public in maintaining that gold will eventually go to a parabolic peak price of $2,500/ozt.+ before the bubble bursts, 90 – yes 90, maintain that gold will reach at least $5,000 per ozt. Take...