Commodity Trade Mantra

All posts under ‘Gold Trading’

India Issues Its First Sovereign Gold Coin… to Curb Gold Imports

It’s estimated that less than 10% of all Indian gold demand is in bars & coins. That might change this month as the India Government Mint will issue its first-ever sovereign gold coin, just in time for the fall festival season, which kicks off Nov 11. The gold coin will reportedly feature the Ashoka Chakra, the traditional 24-spoked symbol that appears on India’s national flag.

A Reality Check of the Gold and Silver Market

If you want realistic answers as to why gold and silver have not rallied to reflect the huge demand for their limited supply, look no further than the ongoing events unfolding around the world as diversions to keep the elite’s theft-of-the-world’s-wealth-by-fiat under control. That is reality in a nut shell.

How Inflation Could Be Caused in 15 Minutes

So-called “money printing” is seen as a certain path to inflation. The Fed has printed almost $4 trillion since 2008. Yet inflation (at least as measured by official statistics) is barely noticeable. With so much money around, where’s the inflation? Increased money supply alone does not cause inflation. The money must be borrowed and spent.

Mining Giant Glencore To Sell Gold & Silver Output To Pay Down Debt

In an ironic twist of fate, the mining conglomerate Glencore is seeking to pay down its massive debt by selling future gold and silver output. While this is only part of its solution to pay down a third of its $30 billion in debt, it’s quite interesting that the company is selling forward production of two of the most despised monetary metals in the Mainstream Media.

China Bought Gold With Proceeds From Record Sale Of US Treasurys

In a month in which China sold a record $83 billion in Treasurys, it had no qualms about rotating the sale proceeds into gold. Or at least that’s what it was eager to telegraph with its data. However, even as China is buying gold, it is still doing so at half the pace of neighbour Russia. Between China and Russia, some 47 tons of gold were purchased in the open market in past month.

What it means when Gold and Silver sell at a NEGATIVE price

Consider gold and silver, two obvious long-term stores of value whose prices have been in decline. Bear in mind these are paper prices, i.e. prices set in broken commodities markets, heavily influenced by central banks, and criminally manipulated by investment banks. So is this price really a valid indicator of their worth? Not by a long shot.

What Oil Investors Can Learn From Gold

The truth of the matter is that gold is largely an irrelevant commodity compared with oil. Oil is the basis for dozens of countries’ economies around the world & for thousands of major companies’ existence. The other truth & the less pleasant one, is that there are stark parallels between what happened to gold a few years ago & what is happening to oil today.

UBS Is About To Blow The Cover On A Massive Gold-Rigging Scandal

With countless settlements documenting the rigging of every single asset class, it was only a matter of time before the regulators – some 10 years behind the curve as usual – finally cracked down on gold manipulation as well, even though, central banks in general and the Fed in particular are among the biggest gold manipulators.

The Aussie Dollar Gold Just Broke Out to Multi-Month Highs

After putting in a panic low in Nov last year, Aussie dollar gold soared, peaking in late January of this year. A strong rally in Aug followed by more gains in Sept, gave the upward trend a push. US dollar gold price strength, combined with a weaker Aussie dollar, sent the Aussie dollar gold price to an eight month high overnight. It closed the US trading session at $1,641 an ounce.

Did the PBOC Covertly Buy 1,747 Tonnes of Gold in London?

Does the PBOC buy 400-ounce Good Delivery bars in London & covertly transport these gold bars to its gold vaults in China mainland, or are they shipped to Switzerland, refined into 1 Kg 9999 gold bars, sent forward to Chinese mainland where they’re required to be sold through the SGE gold exchange, from where they can be bought by the PBOC?

Take Advantage of the Fed's Uncertainty - Buy Gold or a New Home

The Fed’s decision is a wash for precious metals, oil and gas prices. A rate hike would have likely caused the U.S. dollar to strengthen even further, which in turn would have put additional pressure on commodities. Home buyers who have been sitting on the fence now have a double-incentive to act: historically low mortgage rates and a possible chance at killer bargains.

Why Gold is Good and Sovereign Debt is Bad

It is easy to create debt – central banks “print” currencies by BORROWING those currencies into existence. Debt increases, currency in circulation increases, and until it crashes, life is good for the financial and political elite. But debt increasing 60 times more rapidly than gold indicates that debt is growing too rapidly and due for a reset.

Conspiracy Facts Show Gold and Silver Prices Have to Rise

We had the Chinese stock market flash crash, and gold and silver went up a little bit, but dropped back down again in a few days. Also because silver is often a byproduct, it will probably continue to be produced regardless of the price or the demand. The market is still focused on a possible federal Reserve interest rate hike by the end of the year. What could it take to reboot?

Soros, Icahn And Major New Players Rushing Into Gold

Keith Neumeyer, the CEO of one of the world’s lowest-cost primary silver producers, says that the negative headlines surrounding history’s most trusted monetary instruments will soon give way and the smart money, including the likes of George Soros and Carl Icahn, is taking massive positions ahead of the breakout.

Going Back To What Works: Gold Is Money Again

Choice in currency is being recognized as a basic human right around the world. Utah was the first State to make gold and silver coins legal tender alongside the U.S. dollar on March 25th, 2011. The way it works is that members deposit Federal Reserve Notes (or paper dollars) into their UPMA account which in turn translates them into golden dollars (or silver).

Are Gold and Economic Freedom Inseparable?

An almost hysterical antagonism toward the gold standard is one issue which unites statists of all persuasions. They seem to sense — perhaps more clearly and subtly than many consistent defenders of laissez-faire — that gold and economic freedom are inseparable, that the gold standard is an instrument of laissez-faire and that each implies and requires the other.

Gold Prices vs National Debt: The Big Picture

Since the peak in gold prices in 2011 the Federal Reserve has “generously” supplied the world with trillions of dollars of newly created digital and paper debt, all backed by nothing but faith and credit. Bonds have rallied and the S&P is higher by 50% or so. The US national debt has steadily increased and gold is still bumping around a bottom.

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