Showing posts with label ECB. Show all posts
Showing posts with label ECB. Show all posts

Monday, 17 November 2014

ECB Could Buy Gold To Revive Economy.

   



  We can have ECB joining China and Russia buying Gold now! Alan Greenspan's ideas about Gold are getting more popular now. Swiss Gold Referendum can bring SNB into the gold market as well for 1,500 t.

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


 "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.



Grant Williams: All You Need To Know About Swiss Gold Referendum.


Great presentation from Grant Williams on this groundbreaking event for the Switzerland and the Gold market! We are close to the very important catalyst point for the Gold market now.



Rick Rules: Capitulation In Gold And Resource Markets.


 "Rick Rules gives us the very good description of the Capitulation in the Gold and Resource markets. By my personal observations we just had it in place. Rick outlines the big picture for Resources Sector perfectly. This is why I am personally in this business. Real assets will be needed, particularly if and when  we will have the growing world-wide economy. We can discuss all these details all time long and it will never matter before Mr Market will turn - maybe it is happening now.
  Please pay attention one more time what Alan Greenspan has been talking about FED and Gold! These are truly remarkable revelations at this particular turning point. Read more."


The Telegraph:

ECB Could Buy Gold To Revive Economy.


Declining economic data may "theoretically" leave the door open for the European Central Bank to buy assets including gold and shares
Gold, shares, and exchange-traded funds (ETFs) - the European Central Bank (ECB) may turn to buying any or all of these in an attempt to boost inflation in the currency bloc.
Yves Mersch, a member of the ECB’s executive board, said that the purchase of these assets was “theoretically” an option for the central bank, which earlier this year resolved to “take further unconventional measures to counteract a length period of lower inflation”.
His speech, delivered in German, came as official statistics published on Friday showed inflation of just 0.4pc in the year to October.
Very low levels of inflation were characterised by Mr Mersch as “abnormally low”, as price growth remained well below the ECB’s target of close to 2pc.
The official said that while there was scope to buy such assets, the ECB is about to embark on a programme of asset-backed securities purchases.
“Every purchase of a security - or precious metal or foreign currency - naturally increases the credit risk of the buyer”, he added, noting that the ECB may lack a mandate to increase the risk of its balance sheet.
Mr Mersch, a Luxembourgian, is often seen as leaning towards the position of the ECB’s German members - hesitant to pursue monetary stimulus in an attempt to revive the eurozone.
The euro area as a whole has just managed to dodge a triple-dip recession according to data published on Friday, posting growth of 0.2pc in the third quarter of the year.
While the economic data has worsened, so has the mood of forecasters. On Thursday an ECB poll of professional economists showed that inflation and and growth are expected to remain weak. The Telegraph."

Friday, 7 November 2014

Video: Peter Schiff's Message to Switzerland: Save Your Currency and Your Country.


Peter Schiff joins the voices to support the Yes Vote in Swiss Gold Referendum.

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


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.

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



Grant Williams: All You Need To Know About Swiss Gold Referendum.


Great presentation from Grant Williams on this groundbreaking event for the Switzerland and the Gold market! We are close to the very important catalyst point for the Gold market now.

Wednesday, 29 October 2014

Grant Williams: All You Need To Know About Swiss Gold Referendum.



Great presentation from Grant Williams on this groundbreaking event for the Switzerland and the Gold market! We are close to the very important catalyst point for the Gold market now.

The China Money Report: Gold At $7,000 Article Goes Viral In Chinese Media.



  The timing of this article is very interesting: we have the upcoming Swiss Gold Referendum, China buys record amount of Gold and there are more voices about US Dollar losing its reserve currency status every day. Nobody knows the future, but it is important to note: "... that most of Chinese economist think that the price of gold should be $ 2,400 / once." Read more."

Koos Jansen: The Chinese Precious Metals Market Is On Fire.






TNR Gold Shotgun: NOVAGOLD Reports Major Progress in Advancing Donlin Gold up the Value Chain.

  


  We have the major news for Alaska Gold mining industry from our neighbours - Donlin Gold is moving forward! NOVAGOLD and TNR Gold were developing Shotgun Gold project together and in 2010 our company has consolidated the project and now owns 100% of it. NOVAGOLD has received TNR Gold's shares and warrants. Greg Johnson - one of the founders of NOVAGOLD has joined TNR Gold board after our very impressive results from the drilling program in the Fall 2012. Please watch the video to find out his personal statement: Read more."


Monday, 7 July 2014

End Gold Manipulation: The Stunner From Today's Round Table Debate To "Fix" The London Gold Fix.



  ZeroHedge reports on this very important topic, which I follow on my blog:


  "As those following the saga of the rigged for decades and soon to be history (in its current incarnation) London gold fix know, today was the date when the World Gold Council held its "Modernising the London Gold Fix: IOSCO and beyond" round table session.
  Specifically, as the WGC explained, "The World Gold Council will be holding a round table debate on the reform of the London Gold Fix and the modernisation of the London gold market. Many aspects of the existing price benchmark process are viewed favourably by market participants, however, other elements are in need of reform if IOSCO compliance is to be achieved. The World Gold Council is seeking views from both users and service providers on the optimal characteristics of any reformed system. We will also debate whether IOSCO compliance is enough or should the industry be seeking to modernise more than just the price benchmark?" ZeroHedge."



I Vote To End Gold Manipulation: FSA Fines Barclays For Manipulation Of Gold Price - Join Me.


 "Manipulation cannot lasts forever even if the very powerful forces are behind it. You already know that I am not talking here just about one trader, one bank or even one country. We are talking here about the highest levels of power involved in this masquerade.
   Why Gold is so important for everyone, not just for the super wealthy who can afford to put it aside for the rainy day? Gold is the most important indicator of the rate at which FIAT money are losing its value - its real purchasing power. If you can manipulate it - you can pretend that everything is fine and DOW and S&P 500 will beat All-Time-High every month as we have now. But just look below at your childhood McDonalds Menu - something is not so right, isn't it?  My personal vote is nothing, but if I am not alone it will be finished one day. Please donate your tweet for the good cause and share this post if you want to change it as well.





TNR Gold: Shotgun Gold Project - Why Do We Need New Gold Deposits?








  "This picture above is stronger than thousand words written by the FED's hired academics and even Austrian School of Economics - it cuts through the verbal mist to the bone of Inflation definition and what it really means. It means that your FIAT money are losing it purchasing power. It happens every day, day by the day. How much you can see from the McDonald's menu from 70s. 
  And below is the chart representing "Strong US Dollar Policy" in action implemented by FED from the day of its inception in 1913. Some people even think that Federal Reserve is as Federal as Federal Express, but we will not go that road today.





  Inflation is the dirty open secret of all Central Banks in the world. It creates the Inflation Tax by gradually stealing from the value of your savings and deflating the government's obligations on all social programs. It is the way for governments to finance wars and "Inflate away" their debts without taxing you "directly". Inflation follows currency debasement - organised by money printing or by QE in the iPad's century - and it is making its dirty work by itself.
  Why Gold is so important here? It is the real measure of the rate of Currency Debasement and Inflation: Gold is the Real Money, not dollars. That is why it is manipulated so heavily:
  I will address you to James Rickards' books: "Currency Wars" and "The Death of Money" to get more information in depth on these subjects and Gold Manipulation is widely discussed on the web today. Read more."
  


  This particular case is not more than a slap on the wrist for Barclays, but it is the beginning. Now Gold Manipulation will be more difficult. Will we ever have the real free market? I doubt it personally, but it is the very good start and Naked Short Selling could be the very good follow up:


Market Manipulations, NI 43-101 And How The Honest Person Can Survive In Junior Mining.


 "Manipulation is rampant in all markets: HFT Flash Boys, LIBOR, FOREX, Pensions, Energy ... Gold. Some of the former conspiracy theories are going in the court rooms now, others are still waiting for their time. But nothing could be compared with naked shorting and manipulations in the illiquid junior mining stocks. Dirty tactics are used all over the market like the banging the juniors into the close, suppressing the prices during the accumulation. You can get the idea from the reports made by Jim Puplava  on Financial Sense and the summary: Naked Short Selling: The Problem.  Not a lot of people are talking about it - not a lot of us have the voice. And that is the real problem. Read more."


Thursday, 3 July 2014

Alasdair Macleod And Chris Martenson: "ECB Neutron Bomb" - Negative Interest Rates And Gold.

  

  Alasdair Macleod will help us today to understand the unprecedented action taken by the ECB with its Negative Rates announcement. Chris Martenson calls this move in the ECB policy: "Equivalent to A Neutron Bomb". The discrepancy between the FED and ECB induced paper wealth in the Bubble of Equity markets, sky-rocketing Fine Art and Real Estate prices and Gold market has increased very dangerously. This Inflationary Protection Assets prices stay in the sharp contrast with the heavily manipulated price of Gold. This situation can change very fast now. Alasdair shares his insight into the real Market of Physical Gold and what strategy is behind the unprecedented rate of Gold accumulation by Asia, with China calling the shorts now.


Chris Martenson: The Perfect Business Case - Exponential Money And Limited Resources Supply.


"It is very important to have the right information, when we are making our investment decisions. Some people will be right some of the time. That is why it is so important that you have the maximum diversity of information. But very soon you will be overloaded with the flood of opinions, pushed agendas and hired writers. You have to develop your own trusted sources. I have few of my own, which I will share with you here. Chris Martenson is one of them. This video explains why I am personally came into TNR Gold and building International Lithium now. He lays out The Perfect Business Case - Exponential Money And Limited Resources Supply.



  There is not enough Resources for Everyone. We have Peak of Everything. Peak Oil, Peak Gold, Peak Copper. You can not print Oil, Copper, Gold or Silver. The more you print - the more valuable the limited Resources will be. The art is to find them and buy cheaper than you will be able to sell them later after de-risking the projects enough that other buyers would like to buy them. This what we do in TNR Gold and International Lithium. I will provide some links in case you are interested: Read more."


Mining M&A: China's Top Gold Firm Talking To Barrick And Friedland As Copper Rallies.





TNR Gold Los Azules Copper: Chinese M&A - Watch Out For Las Bambas Effect.





PeakProsperity.:


 
"On Thursday, the European Central Bank (ECB) took the historically unprecedented step of lowering certain of its interest rates below 0%. In a report to our premium subscribers immediately following the announcement, Chris likened the move to the policy equivalent of dropping a neutron bomb.
In the days following, despite the ECB attempting to clarify its stance further, many questions still linger; most notably: What exactly will the implications of this negative interest rate (NIRP) policy be? We've asked our European correspondent, Alasdair Macleod, to lay things out in black as white as much as is possible. In this detailed podcast with Chris, he explains exactly what steps the ECB is undertaking, what the most probable ramifications will be, and where the highest degrees of risk now lie: PeakProsperity."

 Gold Seek.:

By Alasdair Macleod

The Russians came up with an extraordinary statement recently, central to why Russia and China are buying gold, the importance of which was missed by the media. President Putin said that "Russia and China need to secure their gold and foreign reserves." He may have been overstepping the mark in making comments about China's monetary policy, but he was unlikely to have done so without good reason. Furthermore it is impossible to secure foreign currency reserves, because they are at all times under the control of the issuing central banks. So what Putin was actually implying was that China and Russia need to secure their gold. 
For those of us that follow these issues closely the emphasis on gold comes as no surprise. The reason this particular penny has not dropped in western markets is we do not think like they do. They emerged from failed communism based on Marxian creed. Keynesian and monetarist theories developed while most of Asia was in economic isolation, and is based less on Marx and more on Christianity. This means the Russians and Chinese have not automatically adopted western economic theory in the wake of communism's collapse: parts of it, yes, wholesale no. GoldSeek."