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Gold

Zombie apocalypse: Coronavirus known to alter brain function and make some victims AGGRESSIVE and disoriented (NOT satire)

It alters brain function by destroying brain tissue. This leads certain people to exhibit rabies-like behavior, with aggressive attacks that… by Mike Adams of Natural News (Natural News) If you’ve […]

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Paul Craig Roberts: My Take On Covid-19 “Conspiracy Theories”

Denial and unpreparedness and the impact on the economy and people’s economic condition have further eroded confidence in authorities, thereby producing … by Paul Craig Roberts via PaulCraigRoberts.org My Take […]

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Gold

Price Controls Mean Shortages, Even during Pandemics

Since retailers aren’t allowed to “price gouge,” this had to lead to immense shortages of hand sanitizer, especially… by Baruti “Libre” Kafele via Mises The COVID-19 pandemic has impacted the […]

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Gold

Fund Manager: The Collapse Of Comex Paper Gold Derivatives House Of Cards Has Begun

Dave Kranzler says a run on Comex gold appears to be starting… by Dave Kranzler of Investment Research Dynamics The Comex Does Not Trade Gold Unequivocally, gold does not trade […]

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Gold

Germany hoarding gold to prepare for currency reforms, Italy dishoards

Voima/Jan Nieuwenhuijs/4-2-2020

bar chart showing gold holdings private citizens Germany France Italy 2020

“As the above chart reveals, the Germans are wary of inflation, for which they hold physical gold as insurance. In the 2011 survey by CFin, more than 80% of the respondents said to “buy gold because of the preservation of value and protection against inflation.” In the respective publication is a graph showing the “proportion of people who bought gold for investment purposes” across Germany (23%), France (3.3%), and Italy (6.7%). The Germans see gold as a safe haven. For the French and Italians, gold is more a substance of adornment.”


“Ask anyone in Germany what they associate with gold and, more often than not, they will say that it is synonymous with enduring value and economic prosperity. Ask us at the Bundesbank what our gold holdings mean for us and we will tell you that, first and foremost, they make up a very large share of Germany’s reserve assets … [and they] are a major anchor underpinning confidence in the intrinsic value of the Bundesbank’s balance sheet. The Bundesbank produced this publication to give a detailed account, the first of its kind, of how gold has grown in importance over the course of history, first as medium of payment, later as the bedrock of stability for the international monetary system.” – Jans Wiedmann, president, Bundesbank (Germany’s central bank)

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Gold

Gundlach sounds alarm on ‘paper gold’ ETFs baking in Billions

Bloomberg/Katherine Greifeld and John Gittelsohn/4-1-2020

graphic image of boxing gloves with the words ETF vs Physical“[DoubleLine Capital’s Jeffrey] Gundlach said, and buyers should be aware that holding shares doesn’t amount to having gold bars. ‘What happens if physical gold is in short supply and everyone wants to take delivery of their paper gold?’ Gundlach said. ‘They can’t squeeze blood out of a stone.’”

USAGOLD note:  Gundlach hoists the same red flag we have raised often on this page.  Gold ETF’s are a price bet.  Gold coins and bars are a safe-haven store of value.  And never the twain will meet.

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Gold

How high is gold price going next week? It all depends on these 3 factors – Kitco NEWS

  1. How high is gold price going next week? It all depends on these 3 factors  Kitco NEWS
  2. Gold Price Rallies as Stocks Rise After March’s Record-Breaking Coronavirus Shocks | Gold News  BullionVault
  3. Gold up on bleak US payrolls data; stronger dollar caps gains  CNBC
  4. Gold prices fall today but silver rates move higher  Livemint
  5. Gold inches up on bleak US nonfarm payrolls, firmer dollar caps gains  Economic Times
  6. View Full Coverage on Google News
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Gold

Gold, silver and platinum pop – Kitco NEWS

Gold, silver and platinum pop  Kitco NEWS
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Gold

Gold price pushes higher after the U.S. economy lost 701K jobs in March – Kitco NEWS

Gold price pushes higher after the U.S. economy lost 701K jobs in March  Kitco NEWS
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Gold

Gold prices remain volatile after resilient ISM service sector sentiment – Kitco NEWS

Gold prices remain volatile after resilient ISM service sector sentiment  Kitco NEWS