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."

UBS: If The Referendum Passes Swiss Bank Would Have To Buy About 1,500 t of Gold over 3 years.

  It is the very good speech, but the most significant here is the place where it is happening: Swiss Parliament. It could be very much the beginning of the global reset.

And who is buying Gold now:

In Gold We Trust @KoosJansen.

Swiss Gold Referendum: People of Switzerland Demand Global Gold Recall Despite Central Bankers.

  "Mass media is very slow to pick up on this groundbreaking development in Switzerland. Scotland referendum, Catalonia quest for independence will be just orchestrated "democratic noise" compare to this real democracy in action and its implications for the worldwide financial system. China  or Switzerland - who will be first to create the gold backed currency now? Read more."

"In a word association game, If I said Switzerland, you might say cheese or chocolate or maybe the alps. But another common item everyone associates with the Swiss is their money. Their banks. Their currency.  

Soon, that currency could change in a big way. This November, a Swiss Gold Referendum is going to a vote, and the repercussions, one way or the other, could cast a shadow of uncertainty on the US dollar. Nearly one-third of the Swiss Franc used to be guaranteed by gold reserves, not it’s less than 8 percent.

If THIS VOTE goes through, the Swiss will be forced to raise the gold reserve back up to 20 percent.  

Joining us today is radio host Charles Goyette. He and Congressman Ron Paul have talked about central banks at great length on his radio show. Today, we’d like to get HIS input on the Swiss Gold Referendum. NextNewsNetwork"

Kitco:

“There is already support for this referendum and I am expecting the gold market to start paying more attention, especially if the polls show the vote will be close,” said Hansen.Currently, according to data compiled by the World Gold Council, Switzerland holds 1,040 metric tons of gold making up 7.7% of its reserves.In a research note published Sept. 24, Analysts at UBS said that if the referendum passes the Swiss National Bank would have to buy about 1,500 tons of gold over the next three years. “1500 tonnes equates to half of the world's annual production,” they said in the report.“That kind of gold buying would put what we’ve recently seen in China to shame,” said Hansen. Read more." 

Jim Rickards: 16 Intelligence Agencies Have Issued Alarm Report On US Dollar Reserve Status.

 It is good time to contemplate on the gold fundamentals while the sentiment in the Gold market is hitting  another low and US Dollar seems to be rising with stock markets straight into the sky now. We have now Jim Rickards himself to dissect all ongoing "Currency Wars" which lead us into "The Death Of Money".

  Developments in Switzerland and China are coming now right from the pages of Jim Rickards's books. And if you think that Currency and Trade wars in late 1920s are different from what is happening now in Europe with Russia and Ukraine, this video is for you. Read more."