WEEK IN REVIEW: March 16-22

Published by Goldbroker ™ | Mar 20, 2015 | Press Review

The Risks Associated with Storing Gold within the Banking System
Published Mar 21, 2015 on Goldbroker

Risk of bankruptcy, risk of confiscation, inter-connectedness of the banking system, rehypothecation, price manipulation... Those are real risks that one has to take into consideration before deciding where to store one's physical gold.

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The Historical London Gold Fix Is Replaced by the LBMA Gold Price
Published Mar 20, 2015 on Goldbroker

From 20th March 2015 the historic London Gold Fix will be discontinued and replaced by the LBMA Gold Price.

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Why Aren't These Investors Worried About The Gold Price?
Published Mar 17, 2015 on Casey Research

Have you noticed that some gold investors don't seem very concerned about the current behavior of gold? While the price remains weak and range-bound, some gold investors don't seem worried about it at all. The natural reaction to an asset you own losing a third of its value, with seemingly little motivation to move higher, is cheerless and maybe even depressing.

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Europeans Defy US to Join China-led Asian Investment Bank (AIIB)
Published Mar 18, 2015 on Goldbroker

France, Germany and Italy have all agreed to follow Britain's lead and join a China-led international development bank, according to European officials, delivering a blow to US efforts to keep leading western countries out of the new institution.

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De-Dollarization Accelerates As More Of Washington's "Allies" Defect To China-Led Bank
Published Mar 19, 2015 on Zerohedge

"Ignoring direct pleas from the Obama administration, Europe's biggest economies have declared their desire to become founding members of a new Chinese-led Asian investment bank that the United States views as a rival to the World Bank and other institutions set up at the height of American power after World War II," The Times notes, in yet another indication of declining US influence.

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Silver Poised to Surge
Published Mar 20, 2015 on Zealllc

Silver is scraping major support again, after a rough couple months where speculators left it for dead. But today's brutal lows and extreme universal bearishness are the perfect breeding ground for silver's next big rally. Investors are very underexposed, while speculators have big short positions that will have to be covered.

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Peter Schiff Won't Back Down: 'The Dollar Is Going To Crash, Buy Gold'
Published Mar 21, 2015 on Yahoo Finance

The dollar index has risen for nine-straight months and recently hit a 12-year high vs. the euro. The greenback's robust rise caught a lot of traders by surprise; for years the conventional wisdom was the dollar was heading down the tubes because of America's runaway debt and the Fed's easy money policies.

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Fed Opens Door Wider For Rate Hike But Downgrades Economic Outlook
Published Mar 18, 2015 on Reuters

U.S. Federal Reserve Chair Janet Yellen speaks at a news conference following the two-day Federal Open Market Committee meeting in Washington March 18, 2015. The U.S.

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Look Out : There Is a Bankruptcy Storm Brewing in Europe
Published Mar 19, 2015 on Goldbroker

Two weeks ago we wrote about the first implementation in Europe of the Bank Recovery and Resolution Directive (BRRD), which allows dipping into bank accounts. Austria just implemented it for Hypo Alpe Adria: the bank had been nationalised in 2009 and had received a bailout of 5.5billion euros, but Vienna decided to stop putting money into it by putting the bank in liquidation.

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