:: Friday, March 19, 2010

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The gold bars filled with tungsten story is getting another run – see Zero Hedge and RunToGold.
Nick from ShareLynx Gold passed on to me today the following from the producers of the video (all personal info was removed by him before forwarding):
vielen Dank für Ihre Anfrage.
MANY THANKS FOR YOUR ENQUIRY
Das Video ist tatsächlich bei Argor [...]

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Last week the three partners in AGR Matthey decided to dissolve their partnership. The Perth Mint will acquire full ownership of the gold and silver refining business in Perth and Johnson Matthey will acquire full ownership of the platinum and silver brazing alloys business in Melbourne. Newmont will exit from these businesses entirely but will [...]

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Two interesting quotes caught my eye in a recent Andy Smith note:
“We cannot stop terrorism or defeat the ideologies of violent extremism when hundreds of millions of young people see a future with no jobs, no hope, and no way ever to catch up to the developed world” Hillary Clinton, Remarks to the Center for [...]

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Fat Prophets have been gold bulls for a long time and I give them kudos for that. However, in a recent article The Silent Gold Rush Is On they make the following faulty analysis:
The Australian newspaper reported over the weekend that the Perth Mint is not taking any more orders for gold until January. Our [...]

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Nick from www.sharelynx.com shared some quotes with me that I’d like to pass on. They are from a book written in 1939 by Graham & Whittlesey called Golden Avalanche:
“Before leaving the subject of gold supply it is interesting to relate present gold reserves to the monetary circulation of this country and the world. The gold [...]

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A reader has asked me to comment on these two recent GATA articles www.gata.org/node/7908 and www.gata.org/node/7911, which claim that London unallocated metal is a fractional reserve system.
Adrian Douglas’ assertion is that there is at a minimum four owners for each ounce of unallocated metal held in London. His support for this is to apply the [...]

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Adam Hamilton of Zeal LLC is one commentator I have been following for many years. His latest one on the Commitments of Traders Report is essential reading:
“The bottom line is gold futures activity as chronicled in the CFTC’s Commitments of Traders Report is often misunderstood. A minority of analysts choose to interpret facts about week-to-week [...]

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On Sep 17 Jeff Nielson posted an article on SLV. I took issue with his belief that ETFs’ management fees were unrealistically cheap and thus another indicator they were a scam. Below is the exchange between Jeff and I on the matter.
Bron: You say “custodians of the vast majority of all the world’s bullion-ETFs – [...]

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I have mentioned the LBMA’s “A Guide to the London Bullion Market” as few times on this blog. It is now available on their website.
I would strongly recommend it to anyone who wants to increase their understanding of how the gold industry operates, particularly at the wholesale level. The sections on gold forwards, lease rates [...]

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One to bookmark and shove in his face when gold is $5000. From Gold fever looks incurable by Alan Kohler:
But underlying demand is weak and getting weaker, and supply is on the rise – big time.
Gold is the commodity of craziness.
… gold investors are that unique breed of incurable optimists who don’t want to be [...]

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