Commodity Trade Mantra

Posts Tagged ‘LBMA’

Gold Is Exceptionally Cheap At The Moment

Gold is exceptionally cheap at the moment because the radical monetary policies practised by the world’s leading central banks have led to a resurgence of confidence in financial assets and the resultant multiyear rally & an egregious mispricing of risk by investors at large. Once investors discover that there is a bite to the “risk” in risk assets, gold could be the big winner.

China One Step Closer to Becoming World’s Gold Hub

China, the world’s largest gold producer & buyer, feels its market weight should entitle it to be a price setter for gold bullion. The benchmark London ‘gold fix’, is under scrutiny because of long-running allegations of price manipulation. The New Chinese gold price benchmark may be launched before the end of the year.

Gold: The Good, Bad, and Truly Ugly

Dollars, Euros, Yen, and other unbacked fiat currencies have been printed to excess for decades. A vulnerable and dangerous financial system that is increasingly leveraged is a bubble in search of a pin. Accidents happen! Protect yourself and insure your assets with gold and silver – The real money for 5,000 years.

Banker’s Grip On Gold And Silver Is Not Over

China and Russia buying as much physical gold as is available, the lack of verifiable gold on the corrupt COMEX and LBMA exchanges are known by everyone who knows anything about gold. Yet, even with world-wide recognition of those factors, gold remains weak, and that is the reality of the current market. How can it be otherwise?

Gold And Silver – Charts Show Power Of Elite’s Central Bankers

The best answer as to when will gold and silver rise to values that are reflective of the perverse distortion of their role as a known and accepted store of value is: Not a day before the end of the moneychangers control over the existing fiat system so deeply entrenched and accepted for its existence.

Secret Scheme To Manipulate The Price Of Silver

Deutsche Bank, Bank of Nova Scotia & HSBC abused their position of controlling the daily silver fix to reap illegitimate profit from trading, hurting other investors in the silver market who use the benchmark in billions of dollars of transactions, according to the suit. Investors claim, the banks unlawfully manipulated silver and silver futures.

How, Why & What on Manipulation in Gold and Silver Markets

China and the East are in the process of taking away the silver and gold pricing mechanism from New York and London & there is absolutely NOTHING the West can do about it! If there are 2 different prices for one ounce of silver or gold, which one will be the real one & designate the price for a real ounce to change hands.

Can The New Silver Fix End The Ongoing Silver Price Manipulation?

The fixing is influenced from outside and the futures market is the main cause for manipulation of the silver price. Unfortunately, that issue cannot be solved by only “fixing the fix.” One has to end the manipulations in the silver futures market, which is, up until now, visibly not desired by the American authorities.

What if China, Russia Succeed in Going off the Dollar?

The Shanghai Cooperation Organization is an agreement between China & Russia, with an objective to settle international trades between them without using the dollar. If they succeed, the whole Asian continent, at some point in the future, will be off the dollar. I don’t think people fully appreciate what that means for the dollar.

Palladium Reaches 13-Year High Over $900 oz as Gold Trading Volumes Surge 66%

Palladium, mostly used in catalytic converters in cars alongside platinum, has advanced 25% so far this year on concerns about Russian supplies & as supply was cut by a mine strike that ended in June in South Africa, the 2nd-biggest producer. Tension over Ukraine led to US & EU slapping sanctions on Russia, the top supplier.

Silver Prices Up 10.3% YTD - Outperformance To Continue

Silver is highly undervalued currently versus gold with the gold silver ratio at 62:1, while long term historical average is 15:1. We believe that silver will likely surpass its non inflation adjusted high near $50 per ounce and its real high or inflation adjusted high of some $140 per ounce in the coming years.

Gold And Silver – Be Prepared For A Weekend Surprise

Charts depicting countries purchasing gold, graphs showing depletion of COMEX, LBMA, GLD, are well done & nice to look at, but none address why the price of gold and silver are at relatively low levels. Gold, more so than silver, has been purposefully suppressed to keep the petrodollar propped up.

Renewed Estimates of Chinese Gold Demand

For its geopolitical strategy to work China must accumulate large quantities of bullion. Western analysts have always lagged in their understanding of Chinese gold demand & there is now evidence China is deliberately concealing its scale from us & is also happy to let us accept the lower estimates.

Power Of Elites More Important Than China’s Gold

There is a power struggle going on between West v East, and until it plays itself out, the West has a vested interest in suppressing the price of gold and silver in order to preserve the worthless fiat “dollar” as the elite’s chosen world reserve currency. That is the power of the elites!

Gold Forward Offered Rate (GOFO) Turned Negative AGAIN: The Consequences

Historically, GOFO rates (Gold Forward Offered Rate) have only been negative twice since 1999, but have frequently moved into negative territory over the past year. We believe this is a result of on going large shift of gold from the west to the east. GOFO is back negative again, 7th time since July 8, 2013.

Manipulation Cannot Stop Gold From Rising Significantly

It was only after the Libor scandal, that the awareness of the broad public was opened to manipulation in all sorts of financial assets like currencies, commodities, gold and silver, etc. Gold is a liquid store of value and manipulation cannot stop gold from rising significantly.

Keep Watching Fed’s Fiat “Dollar” Closely For Clues On Gold And Silver

There may be opportunities developing in the futures markets for gold and silver, at least for as long as the exchanges remain viable, and that, too, will change. A key to watch more closely is the fiat “dollar.” It seems to be weakening, and that is the unyielding intent from China & Russia among others.

Gold Equities, Manipulators and Significant Earning Potential

According to Eric Sprott, gold stocks are reacting very positively to what seems to be a shift in people’s willingness to commit to the precious metals area. Momentum seemed to pick up a little bit in Jan and in Feb some of that has carried on. Investor sentiment surely seems to have shifted a little.

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