Mark Mobius, executive chairman of Templeton Emerging Markets Group, discusses Physical Demand Buying that will cause Gold to rise while the derivatives are causing the volatility.
Catherine Austin Fitts of Solari.com says, “I think bail-ins are coming . . . the big question is not will we be able to get out insured deposits. “I think gold is the greatest form of insurance you can have during this transition period.”
The silver price was restrained yesterday, but indications are that it is ready to rise faster than gold now, says Julian Phillips.
This plethora of price hikes began a few months ago. It does not yet show up in year-to-year comparisons, especially those that exclude food and energy.
The final and fatal mistake was to misjudge the massive demand unleashed as the result of price suppression. This was a schoolboy-error with far-reaching consequences we have yet to fully understand.
In a conference call for his reinsurer Greenlight Capital Re Ltd., Einhorn said his optimism about gold “has not changed” & that his investment portfolio now had an equal exposure to gold miners & gold bullion. The position was not hedged.
Wall Street wants Yellen as Chairperson of the Federal Reserve. President Obama wants Summers as Chairman of the Federal Reserve. 1. Which candidate would be more long term positive, fundamentally to gold? 2. Which candidate, if either, would be be…
So much for that “priced in” strong start to the second half. All those expecting a major move higher in the Chicago PMI after its June plunge from 58.7 to 51.6 will have to defer their hopes for one more month, following the headline print of 52.3, …