Monday 26 January 2015

Frank Holmes: Gold - Fed Doesn't Need To Raise Rates Yet.



"Super Bowl week starts off with Frank Holmes setting up the week for the yellow metal on this edition of Gold Game Film. Touching on volatility with gold prices, Holmes says that a run up of $300 over the next 12 months would be significant. “I think when we look back a month ago to where gold is today, it’s just normal DNA of volatility. But what’s driving it are the uncertainties of the euro, and negative real interest rates.” Holmes also notes that he saw a shift in sentiment for gold at the turn of the year. “I think sentiment changed in the first week of January when you saw gold, and all the gold stocks, breakthrough their 50-day moving average.” Tune in now to get up to speed on Frank’s opportunities and threats as he throws this week’s touchdown pass. Kitco News, January 26, 2015."

  Meanwhile Chinese just could not get enough of Gold - so far 131 t of Gold have been withdrawn from SGE in the first two weeks this year!

Koos Jansen: Booming Gold Demand in China - SGE Withdrawals 70 Tonnes In Week 2, 2015.

  

  What Chinese know the others don't about Gold? Koos Jansen reports about another week with record demand for Gold in China this year.




TNR Gold: Shotgun Gold Project in Alaska Presentation.

 "Never fight Central Banks - they have unlimited resources and can print all the money they want until the total breakdown in the system. The war on Deflation is on and ECB has unleashed its own QE with 1 Trillion Euro to be printed for a start. I would not bet on the end of the world, but would do definitely on Inflation. The desire to destroy the FIAT currencies by Central banks is almost unstoppable. Gold is surging in all currencies now and we are entering the new stage, when All FIAT currencies will depreciate against Gold. Nobody was interested in Gold projects with Gold sliding last few years, now it is time to look at the best ones, providing the scale for the new significant discoveries. Read more."

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