WEEK IN REVIEW: April 21-27

Published by Goldbroker ™ | Apr 26, 2014 | Press Review

Swiss Franc (CHF) and Pound Sterling (GBP) Now Accepted by Goldbroker.com
Published Apr 23, 2014 on Goldbroker

From now on, two more currencies will be accepted by Goldbroker.com for investment transactions : the Pound Sterling (GBP) and the Swiss Franc (CHF). Transactions may therefore be realised in 4 different currencies (euro, dollar, swiss franc and pound Sterling).

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Goldbroker.com Opens a New Precious Metals Storage Facility in Singapore
Published Apr 23, 2014 on Yahoo

Goldbroker is expanding his storage services by offering, starting in May 2014, the possibility of storing precious metals in Singapore, a major financial hub in Asia for storing and trading physical gold.

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Gold vs the CRB Commodity Index
Published Apr 21, 2014 on Goldbroker by Dan Popescu

The best way to avoid this manipulation is to compare real things without using the official virtual currency (dollar, euro, etc.). Gold has always been the medium of exchange that is least likely to create inflation. Not all is perfect, of course, there is even a little inflation with gold, but gold cannot be created artificially by the State to infinity.

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A Dangerous Game : France Is Playing with Words Regarding its Deficit
Published Apr 24, 2014 on Goldbroker by Philippe Herlin

" 50 billion euros in savings ", stated Manuel Valls, the new Prime Minister, on April 15th. The announcement hit like thunder : After many hesitations, France is becoming aware of its difficult situation and takes vigorous action. Public spending has never decreased in 40 years and, for the first time, it's going to happen...

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The Secret World Of Gold
Published Apr 19, 2014 on Zerohedge

In light of the Chinese demand we discussed earlier, the ongoing manipulation of 'rigged' markets everywhere, and rising geopolitical tensions (as the de-escalation continues), we thought it worth dusting off this excellent and wide-ranging look at the history and present of the barbarous relic, gathering many perspectives (pro and con) on gold.

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Grant Williams Thinks Gold Has Already Bounced Off Its Low
Published Apr 17, 2014 on Mauldineconomics.com

Grant Williams thinks gold has already bounced off its low… And the geopolitical factors Grant mentioned ought to push gold higher from here:

** Just how much gold is China buying?

** If it turns out that the paper gold markets are heavily manipulated, that should push the spot price up, too…

** If the gold price does keep rising, a new gold mania could set in, similar to the one that drove it over $1,900 just a few years back.

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Western Central Banks To Run Out Of Gold This Year
Published Apr 23, 2014 on Kingworldnews

As global markets continue to see some wild trading, today James Turk told King World News that Western central banks are going to run out of gold this year. This is one of Turk’s most important interviews because he is now predicting that the West will run out of gold to keep the price suppressed. Turk also followed up on his viral interview which covered the unprecedented and historic backwardation we are seeing in the gold market.

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U.S. Exports A Record Amount Of Gold To Hong Kong In January
Published Apr 24, 2014 on Srsroccoreport

The figures are out and it looks like the United States exported a record amount of gold to Hong Kong in January. Not only was this a one month record... it was a WHOPPER indeed. Last year, the U.S. exported a total of 215 metric tons of gold bullion to Hong Kong.

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Silver Continues To Drain From The Shanghai Futures Exchange
Published Apr 21, 2014 on Srsroccoreport

In the past week, the Shanghai Futures Exchange suffered another large withdrawal of silver from its warehouse stocks. Actually, this is the lowest level of silver inventories since the exchange started building its silver stocks in August, 2012.

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Goldbroker ™  Editing Team


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