Banks just won’t learn, Government debt will take gold up parabolically, Iran requiring central bank approval for gold exports, Spectacular Demand For Gold

Published by Goldbroker ™ | Nov 2, 2012 | Press Review

Philippe Herlin, finance researcher, joins's editorial team
Published Oct 30, 2012 on Goldbroker

In the aftermath of Egon von Greyerz joining’s board of directors, we are pleased to announce that Philippe Herlin has joined our editorial team.

Philippe Herlin is a researcher in finance and a junior lecturer at the Conservatoire National des Arts et Métiers in Paris.

A proponent of extreme-risk thinkers like Benoît Mandelbrot and Nassim Taleb, and of the Austrian School of Economics, he will be bringing his own views on the actual crisis, the Eurozone, the public debts and the banking system. Having written a book on gold that has become a reference (L’or, un placement d’avenir, Eyrolles 2012), he wishes to see gold play a growing role in our economies, all the way to its full re-monetization.

Read this article

Philippe Herlin : Banks just won't learn !
Published Nov 1, 2012 on Goldbroker

While publishing its last quarterly results, Morgan Stanley, the American bank, announced it had « modified its VaR model in order for it to be more receptive to the recent market conditions »... What’s behind this weird wording ?

Read this article

Unlimited government debt will take gold up parabolically
Published Oct 26, 2012 on Kingworldnews

Egon von Greyerz, founder of Matterhorn Asset Management and member of the board of directors of, sent two incredibly important and extremely key gold charts exclusively to King World News.

“What I am focusing on is the economy is deteriorating everywhere, in Europe and in the US. I just saw some very interesting statistics, the US hourly earnings are down, in real terms, against gold they are down 90% since 1971, and down 81% since 2001.”

Read this article

News Item : Jim Rickards: Paper, Gold or Chaos?
Published Oct 31, 2012 on Finnewsnetwork

Transcription of Finance News Network Interview with JAC Capital Advisors Partner, Jim Rickards at The Gold Investment Symposium in Sydney.

Read this article

My Blog
Published Oct 31, 2012 on Kingworldnews

Rick Rule told King World News that right now, “There is spectacular demand for gold.” Rule gave the example that “... the British (Royal) Mint, they are sold out of sovereigns. They have no more 2012 sovereigns.”

Rule also spoke about demand in the US and Canada, but first, Here is what Rule had to say about the ongoing crisis the Western world is facing: “One of the things about human nature is that people tend to want to believe things that comfort them. I certainly would prefer to believe that the governments are on top of all of the problems in the world and I don’t have to worry about it.”

Read this article

Is This The Black Swan That Will Make Gold Skyrocket
Published Oct 31, 2012 on Kingworldnews

King World News has put out a series of interviews demonstrating that large chunks central bank gold are missing from central bank vaults. KWN is releasing statements from two 40-year veterans, Bill Haynes, President of CMI Gold & Silver, and John Hathaway, the prolific manager of the Tocqueville Gold Fund.

Remarkably, in 2001 Hathaway stated, “What is going on here? A decline equating to 227.7 million ounces, or 87% of the US gold reserve demands a more than perfunctory explanation ... The US government may have already expended considerable resources to hold the gold price in check.”

“Eric, that is a black swan type of thing (if the entire German gold hoard is gone). The plan right now is for future currency debasement. But if it turns out that some official, some whistleblower comes forth from the Bundesbank and says the gold is gone. The bullion banks used it, they sold it into the market.”

Read this article

Iran says gold exports now need central bank approval
Published Oct 31, 2012 on Reuters

Iranians can no longer export gold without approval by the central bank, an official was quoted as saying on Wednesday, in a new effort by the government to restrict outflows of wealth.

The move follows media reports on Tuesday that Iran had banned the export of some 50 basic goods, as the country moves to secure supplies of essential items in the face of tightening Western sanctions which have destabilised its rial currency.

"The export of gold and coins without permission from the central bank has been banned," said customs official Mohammad Reza Naderi, according to the Mehr news agency.

Read this article

If Your Gold Reserves Are at the BOE or NY Fed, You Have No Chance of Getting Out With Any Metal!
Published Oct 31, 2012 on Silverdoctors

The Doc welcomed back Cheviot Asset Management’s Ned Naylor-Leyland for an exclusive interview Sunday regarding the German gold repatriation, and how it will affect the physical gold market going forward.

In this MUST READ interview, Naylor-Leyland stated that when you take into account the fractional reserve accounting by the bullion banks, the 50 ton annual gold repatriation number is much larger in terms of the impact on the underlying market.

Naylor-Leyland believes Germany and the other central banks storing their gold reserves at the BOE and the NY Fed are essentially SOL, stating: If you’re holding your central bank gold reserves either in the Bank of England or the NY Fed, unless you are Theseus trying to find the Minotaur, you have no chance of getting out of there with any metal. The gold ownership chain of custody is severely tarnished and it’s obvious that it’s a problem. In light of what we know about the tightness of the physical market it appears the pressure is on, and it’s not likely to dissipate.

Read this article to the next International Precious Metals & Commodities Show in Munich
Published Nov 1, 2012 on Goldbroker will participate to the next International Precious Metals & Commodities Show (Internationale Edelmetall- & Rohstoffmesse), which will take place on November 2nd and 3rd 2012 in Munich.

The International Precious Metals & Commodities Show could be a good opportunity to meet the Goldbroker's team.

Read this article

Goldbroker ™  Editing Team


My articles

See our selection of gold and silver bullion

Shop Now