Ted Butler: The Silver Nightmare Will Be Over Soon.

  Will the reversal in Gold and Silver be confirmed next week? There are reports about the Silver coins shortages in U.S. and Gold GOFO rates went negative last week as well. Let's dig out into the COMEX situation. Ted Butler explains that at the beginning of November Commercials were holding the record short positions. Within few months 40% of the world-wide production was sold short. Silver companies cannot produce at these levels and even are talking about the withholding their sales at this price levels. Record levels in Solar installations means that more and more Silver will be needed for the production of Solar cells, which China has made the commodity business now as well. We have the perfect storm situation in the market between the real physical demand supply picture and paper market, which is manipulated. Nobody knows the future, but next week can be crucial as the real short covering can begin.

Gold Short Squeeze - Koos Jansen: When China Will Utilize Its Gold The Price Will Rise.

Bloomberg: 1,500 Tons Of Gold On The Line In Swiss Vote To Buy Back Bullion.

  

Bloomberg.

  The story about Swiss Gold Referendum has made its way up to the Bloomberg. Now everything depends on the people of Switzerland, but at least we will have the opportunity for the proper discussion about the FIAT Currency systems and Gold. China is not only buying record amounts of gold now, but taking out the best long term mining assets all over the globe. Read more."

TNR Gold Los Azules Copper M&A: Barrick In Talks With Chinese Miner Zijin On Pascua-Lama Investment.

Charles Nenner: Gold Cycle To Bottom, Sees $2,100 Upside Target.

  Charles Nenner has quite a few very impressive calls on different markets. His today calls sound totally contrarian for the mainstream investors. US Dollar is rising to the sky, markets are hitting all-time-highs. Lets put him on the record here today. In this interview he confirms his call for Gold cycle to bottom now and his upside target of $2,100. Chinese seems to be following his ideas ...

Jay Taylor: A Triple Bottom For The Gold Miners?

  

  This is what I was talking about, please pay attention to the long term chart of Gold miners - HUI index this time.

  Disclosure - TNR Gold is holding shares of McEwen Mining now after the recent deal on Los Azules Copper, when our company has received NSR Royalty on the whole giant deposit. This picture above demonstrates the recent capitulation and very strong rebound today. What will happen next, nobody knows, but Los Azules, which is primed for M&A now will be a very good asset to have in the turning Gold market.

Gold Short Squeeze - Koos Jansen: When China Will Utilize Its Gold The Price Will Rise.

 "We have a nice rally in Gold today after Gold miners have paved the way by reversing last couple of days. Nobody believes this rally, so we have the very good set up for the real bottom now. Needless to say that gold miners are in a total capitulation and have reached the record oversold levels even below 2008 panic!
  Nobody knows the future, but Koos Jansen will be the very good guide into the China's appetite for Gold and Charles Nenner has made quite a bold call on Gold to bottom now. Any pause in US Dollar growing up into the sky will be welcomed by gold and reignited by the short covering now.
  Swiss Gold Referendum remains the wild card with potential 1,500 t of Gold to be bought by SNB in case of Yes Vote. Read more."

Charles Nenner: Gold Cycle To Bottom, Sees $2,100 Upside Target.

  Charles Nenner has quite a few very impressive calls on different markets. His today calls sound totally contrarian for the mainstream investors. US Dollar is rising to the sky, markets are hitting all-time-highs. Lets put him on the record here today. In this interview he confirms his call for Gold cycle to bottom now and his upside target of $2,100. Chinese seems to be following his ideas ...

  The day will come when even God forgotten juniors will get the bid based on the real assets they hold.

Presentation: TNR Gold Receives Royalty From McEwen Mining On "One Of The Largest Undeveloped Copper Projects".

Kitco:

A Triple Bottom For The HUI?

Thursday November 06, 2014 15:34

We now have a 10-year triple bottom for gold shares as measured by the HUI Index. Have we now seen a capitulation in the gold shares? Or are we destined to go still lower?

Actually, in terms of the TSX-S&P Gold Share Index shown below on your left, that question was answered on Friday, October 31, when, on extremely heavy volume, the index fell precipitously from what had been a 110-year low of 160 to a low of 131.04. For a second day in a row it gapped down dramatically at the open. But at least today it didn’t finish on the low. It bounced back from 131.04 to close at 134.62 More on Kitco."

Gold Short Squeeze - Koos Jansen: When China Will Utilize Its Gold The Price Will Rise.

  We have a nice rally in Gold today after Gold miners have paved the way by reversing last couple of days. Nobody believes this rally, so we have the very good set up for the real bottom now. Needless to say that gold miners are in a total capitulation and have reached the record oversold levels even below 2008 panic!

  Nobody knows the future, but Koos Jansen will be the very good guide into the China's appetite for Gold and Charles Nenner has made quite a bold call on Gold to bottom now. Any pause in US Dollar growing up into the sky will be welcomed by gold and reignited by the short covering now.

  Swiss Gold Referendum remains the wild card with potential 1,500 t of Gold to be bought by SNB in case of Yes Vote.

Charles Nenner: Gold Cycle To Bottom, Sees $2,100 Upside Target.

  Charles Nenner has quite a few very impressive calls on different markets. His today calls sound totally contrarian for the mainstream investors. US Dollar is rising to the sky, markets are hitting all-time-highs. Lets put him on the record here today. In this interview he confirms his call for Gold cycle to bottom now and his upside target of $2,100. Chinese seems to be following his ideas ...

  The day will come when even God forgotten juniors will get the bid based on the real assets they hold.

Presentation: TNR Gold Receives Royalty From McEwen Mining On "One Of The Largest Undeveloped Copper Projects".

Koos Jansen:

When China Will Utilize Its Gold The Price Will Rise

On October 27 I was interviewed by German financial TV network DAF, about the Chinese gold market. After it was broadcasted on October 30, the host, Markus Bußler, told me it was the most viewed video on the DAF website that day. I hope the message is spreading. It was only 10 minutes so I couldn’t go in-depth, but was happy to share a few key points.

• Chinese consumer gold demand in 2013 was 2,200 tonnes, not 1,100 tonnes as the Wold Gold Council states.
• Only for consumer demand China net imported 1,500 tonnes in 2013.
• The best way to measure Chinese wholesale demand is by withdrawals from the Shanghai Gold Exchange vaults (SGE) – although this might change in the future.
• The PBOC does not purchase gold through the SGE.
• The PBOC is definitely increasing its official gold reserves.
• China is the most important player in the gold market, they are the second largest economy in the world and accumulate gold for it’s monetary value and in anticipation of a new monetary system.
• China still has a lot to work to do regarding the internationalization of the renminbi, developing their financial markets and diversify their FX reserves. In this sense China has no rush, it wants a gradual shift away from the US dollar.
• When China will fully utilize the gold it is accumulating, I expect the price to rise.

Make sure the captions are on for the first 30 seconds in which I’m introduced in German. From 0:30 the interview is in English.

Koos Jansen.