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  • Goldman Sachs Closes "Short Gold" Recommendation With 4.5% Loss May 5, 2016
    Back on February 15, just as the USD was about to plunge unleashing a global risk-on rally as a result of "Yuan stability", Goldman triumphantly announcecd its latest trading recommendation: short gold (at $1,205) with a target of $1000 and a 7% stop loss. This being Goldman - the one hedge fund whose prop traders […]
  • China's Largest Bank Is Quietly Cornering The Market For London Physical Gold May 5, 2016
    We have followed the ownership changes of London's massive vaults with keen interest ever since our December 2014 article when we reported that Deutsche Bank's gold vaule was for sale in "Massive 1,500 Ton Gold Vault For Sale In The Heart Of London, One Previous Owner, Asking £4,500,000 O.B.O." The fate of that particular vault […]
  • The Gold Bull Is Back May 5, 2016
    We know that central banks and governments have lost the plot. When the crisis started in 2006, US short rates were 5%. In 2008 they were down to zero and have virtually stayed there ever since. A crisis package of $25 trillion was thrown at the financial system. This is what the likes of JP […]
  • Central Bankers Put Ponzi And Madoff To Shame May 5, 2016
    Charles Ponzi must be turning in his grave! His pyramid scheme in 1920 guaranteed returns of 50% in 50 days and 100% in 100 days. And initial investors clearly achieved these returns but most of them were too greedy to cash in. His total scheme “only” lost $20 million ($225 million in today’s money) for […]
  • Which Is A Better Investment: Apple or Gold? May 5, 2016
    Which is better, Apple Inc. or cold hard gold? Both have a place, it would seem. Both investments prompt emotions. But when it comes down to it, which one is a better bet? Adam Johnson, founder of Bullseye Brief newsletter explains his thinking in this video.
  • US Treasuries Will Sink Into A Black Hole May 5, 2016
    Investors around the world are blissfully ignorant of what will hit them in coming months and years. Virtually no one understands the risks in the world and less than ½% of investors have protected themselves against the destruction of their financial assets. It is of course wonderful to live in Shangri-La and be totally seduced […]
  • Big Banks Get More Protection but Not Their Clients May 5, 2016
    We have explained how the next worldwide financial crisis will be solved by looting savers’ bank accounts, in order to save the big banks. The European Bank Recovery and Resolution Directive (BRRD) shall take care of that, and the idea is gaining ground in other countries. This will to protect big banks come what may, […]
  • Change of GoldBroker's Banking Information April 4, 2016
    Dear Sir/ Madam, Important: This announcement is for the European trading desk only. GoldBroker’s team wishes to inform you that the banking information of our European account has changed. From now on please use the updated information when transferring funds to our company. GoldBroker has been looking for several years to find a European banking […]
  • Edging Toward the “Liberation” of Gold April 4, 2016
    Deutsche Bank has agreed to pay a fine to end a lawsuit from a group of investors accusing it, along with other banks, of manipulating precious metals prices. https://www.goldbroker.com/news/deutsche-bank-confirms-silver-market-manipulation-in-legal-settlement-agrees-to-expose-other-banks-941​ https://www.goldbroker.com/news/deutsche-bank-admits-also-rigged-gold-prices-agrees-expose-other-manipulators-942​ Deutsche Bank has also agreed to provide information on other banks having participated in the manipulation, so we should expect more revelations to follow. This […]
  • Are US Exchange Controls Imminent? April 4, 2016
    I have for quite some time warned investors to get out of the banking system. We believe that it is now becoming more urgent than ever. Bank stocks in Europe and the US are falling fast. The market is clearly sensing that things are looking extremely precarious in most financial institutions. What else can can […]
  • The War on Savings: The Panama Papers, Bail-Ins, and the Push to Go Cashless April 4, 2016
    Exposing tax dodgers is a worthy endeavor, but the “limited hangout” of the Panama Papers may have less noble ends, dovetailing with the War on Cash and the imminent threat of massive bail-ins of depositor funds. The bombshell publication of the “Panama Papers,” leaked from a Panama law firm specializing in shell companies, has triggered […]
  • Deutsche Bank Admits It Also Rigged Gold Prices, Agrees To Expose Other Manipulators April 4, 2016
    Well, that didn't take long. Earlier today when we reported the stunning news that DB has decided to "turn" against the precious metals manipulation cartel by first settling a long-running silver price fixing lawsuit which in addition to "valuable monetary consideration" said it would expose the other banks' rigging having also "agreed to provide cooperation […]
  • Deutsche Bank Confirms Silver Market Manipulation In Legal Settlement, Agrees To Expose Other Banks April 4, 2016
    Back in July of 2014, we reported that in an attempt to obtain if not compensation, then at least confirmation of bank manipulation in the precious metals industry, a group of silver bullion banks including Deutsche Bank, Bank of Nova Scotia and HSBC (later UBS was also added to the defendants) were accused of manipulating […]
  • China Adds Smallest Amount to Gold Reserves Since at Least July April 4, 2016
    China increased its central bank gold reserves in March by the smallest amount since the country started releasing the data on a monthly basis last year. The People’s Bank of China expanded holdings by 0.5 percent to 57.79 million ounces (about 1,797.5 metric tons) from 57.50 million ounces a month earlier, according to its website. […]
  • World Economy Is Terminally Broken After 50 Years Of Misgovernment April 4, 2016
    In a world of manipulated economic figures and markets, it is not always easy to maintain your sanity. The world economy is now based on fantasy and hope and has very little to do with reality. But the problem is that virtually nobody understands this. Whether it is a bank analyst or a Nobel Prize […]
  • Is The CME Preparing For An Eventual Comex Default? April 4, 2016
    Orwell would blush over what’s being done to our system if he were alive. – Investment Research Dynamics... I think a lot of precious metals futures contracts are going to undergo a disappearing act. – John Titus of BestEvidence The CME curiously reported that it received notice from the Federal Reserve that it is authorized […]
  • China Launches Its Gold Benchmark – Denominated In Yuan April 4, 2016
    China, the world’s largest gold consumer, launched on Tuesday a gold benchmark denominated in Yuan and plans to exert a stronger influence in the global market by better controlling the prices. It will also serve to increase the international credibility of its currency. The Shanghai Gold Exchange – the Chinese precious metals operator – has […]
  • Russia Relies On Gold To Push Reserves Back Over $380 Billion April 4, 2016
    Whether you define gold as a barbarous relic, a pet rock, "tradition", or "doomed", Russia surely refers to it as a saving grace. As Russia’s foreign reserves dwindled to just under $350 billion in early 2015, many predicted Russia was going to burn through all of their reserves in the not too distant future as […]
  • Gold and Negative Interest Rates April 4, 2016
    We hear more and more talk about moving into negative interest rates in the US. In a recent article former Fed chairman Ben Bernanke asks the question as to what tools the Fed has left to support the economy and discusses in this article the use of negative rates. We have to first define what […]
  • How Long Before Global Financial System Fails? April 4, 2016
    The global economy turned down in earnest already in 2006 but with a massive worldwide printing and lending programme, the world has had a temporary stay of execution. But the effect of this fabricated money has now come to an end. And what else would you expect. To print money that has no value or […]