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Bill Gross of PIMCO And Two Top Federal Reserve Policymakers Warn of Impending Inflation

BANKING ELITE CONTINUING POLICIES ENSURING DEVALUATION OF FIAT CURRENCIES & PRICE INFLATION IN COMMODITIES SUCH AS GOLD, SILVER, FOOD, & OIL

For several years, Notable Independent Commentators, including Deepcaster, have warned that the Elite Central Banks’ Orgy of Fiat Currency Printing, a la QE etc, would result in Price Inflation, so it is no surprise to us that The Bond King, Bill Gross of PIMCO, with about $2 Trillion under Management, would [...]

Nigel Farage – “There may well be, in terms of gold reserves and their reality, a huge fraud going on.”

from KWN:

 

Today Nigel Farage made some absolutely fascinating statements to King World News regarding the Queen’s tour of Britain’s gold vault.  Farage, who is Britain’s very popular MEP, also spoke about the future price of gold and warned King World News, “Everything from George Orwell’s 1984 is coming into being.”

 

Eric King:  “The United States has just announced new monitoring devices that are going to be put on buses so the [...]

Silver Is About To Rocket Higher

Silver futures are in backwardation.

Backwardation is a pricing anomaly that typically – but rarely – shows up in the commodities market. And if you can catch it, you can make quite a bit of money.

Historically backwardation means one of two things: 1) there’s a current shortage of silver bullion available on the open market and/or 2) silver traders believe the price of silver is about to take off.

Here’s what happens…

Backwardation [...]

Expected ECB Rate Cut Likely to Push Gold Prices Up

by GoldCore

 

Today’s AM fix was USD 1617.00, EUR 1285.37 and GBP 1032.90 per ounce.
Yesterday’s AM fix was USD 1608.50, EUR 1278.31 and GBP 1025.70 per ounce.

Gold rose by $24.40 in New York yesterday and closed up 1.5% at $1,622.80/oz. Silver surged to as high as $28.45 and ended with a gain of nearly 3%.

Gold has traded erratically overnight and this morning in Europe but is slightly lower than yesterday’s close [...]

Gold Seen At USD 3,500, 6,000 and 10,000 Per Ounce

by GoldCore

 

 

Today’s AM fix was USD 1617.00, EUR 1285.37 and  GBP 1032.90 per ounce.
Yesterday’s AM fix was USD 1608.50, EUR 1278.31 and  GBP 1025.70 per ounce.

Gold rose by $24.40 in New York yesterday and closed up 1.5% at $1,622.80/oz.  Silver surged to as high as $28.45 and ended with a gain of nearly 3%.

Gold has traded erratically overnight and this morning in Europe but is slightly lower than yesterday’s close [...]

Why a new housing boom could be bad news for the U.S…. The issues are much more complex than most people imagine…

From Newsmax:

Yale economist Robert Shiller says another housing boom could spell trouble.

“Thinking that large home price increases would be a good thing seems very widespread,” Shiller writes in the Financial Times. “But the effects of any such future price boom would not be so clearly beneficial, and would depend on the causes of the price increase and the…

Read full article…

The Coming Paradigm Shift in Silver

The biggest problem for investors today in trying to forecast the future price of silver is the enormous amount of contradictory analysis on the Internet. There are bulls, bears, paper traders, physical buyers, technical analysts, hedge funds, commercial banks and silver manufacturers all trying to play a part in this highly volatile silver market. Trying to sift through the huge volumes of silver analysis on the internet can be extremely [...]

Gold Proves Safest as Goldman Forecasts Record: Riskless Return

By Debarati Roy - Jan 25, 2012

Gold provided the best returns of all commodities in the past five years when adjusted for volatility, and Goldman Sachs Group Inc. says the rally will continue as options traders signal no change in the metal’s relatively low risk.

The BLOOMBERG RISKLESS RETURN RANKING shows the Standard & Poor’s GSCI Gold Total Return Index produced a 6.5 percent risk- adjusted return in the five years ended yesterday, the [...]

Global firms sharpen currency hedging on euro concern

(Reuters) – International firms are spending more time at the highest levels discussing how to hedge currency risk, particularly euro-denominated earningsand transactions, in readiness for a worst case scenario of a euro zone breakup.

Companies are scrutinizing the inbuilt protections in their hedge contracts and robustness of the settlement process if the euro were to collapse, bankers and executives said in interviews leading up to and during the World Economic Forum in Davos.

“Any [...]

Goldrunner Called $1,920 Gold High Exactly; Now Expects $3,000 – $3,500 by Mid-Year

Short-term volatile moves in Gold, as we have seen over the past fewmonths, do not affect our projections for the future price of Gold based on our fractal (pattern) ”model” off the late 70?s Gold Bull. Just as we correctly projected the $1,920 high in our April article entitled Goldrunner: Gold On Track To Reach $1860 To $,920 By Mid-Year (gold reached $1,917.20 in late August and $1,923.70 in early September, 2011), our current [...]

Charles Hugh Smith: Some Heretical Thoughts on the U.S. Dollar

 

The value of the U.S. dollar is created by demand, and other heresies.

Like everything else here, my thoughts on the U.S. dollar do not fit any one conventional ideology. In other words, they will likely offer abundant sources of annoyance for virtually everyone. Put another way: heresy has its costs.

I am a trader at heart, so the U.S. dollar is no different than pork bellies or oil. It is a [...]

Empire data: “The most widely cited factor restraining hiring plans was low expected sales growth (31 percent).”

US Empire Manufacturing (Jan) M/M 11.92 vs. Exp. 12.50 (Previous number getting the traditional BLS treatment and being revised from 10.57 to 9.89 to make the number a beat). Important Empire index components: Employment: 8.4 vs. Prev. -3.4;  an improvement in New Orders: 12.4 vs. Prev. 2.6; and the most critical and inflationary one: Prices Paid: 35.79 vs. Prev. 28.40. Also no surprise: inventories, that [...]

Chris Interviews Ted Butler: The End of Silver Price Manipulation

by Adam

2010 has been an exceptional year for silver. The price has increased over 50% to-date, and the CFTC (the US commodity regulatory body) issued a statement last month admitting that the market price of silver may have been (and still may be) fraudulently manipulated. An investigation is underway.

Ted Butler is one of the pre-eminent commentators on the silver market. In addition to his [...]

GOLD TO THE MOON! SAVERS HAVE BEEN WARNED!

All in all, this is a good barbell hedge to some of the other funds in the Paulson group of investment, as should ongoing currency debasement continue (and it will), while the impact on financials will most definitely be negative due to the inevitable even more dramatic flattening of the Yield Curve following QE2, 3, … etc., gold should continue to appreciate as the market prices in ever more proximal [...]