by irdadmin | Feb 9, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals
Central banks stand ready to lease gold in increasing quantities should the price rise. – Alan Greenspan, 1998 in Congressional testimony on OTC derivatives Gold has been in a steady uptrend since December 18th, bottoming at $1131 after a four and half month...
by irdadmin | Nov 17, 2016 | Financial Markets, Gold, Housing Market, Market Manipulation, U.S. Economy
Gold was pushing $1230/oz overnight, as the methodical take-down of gold and silver in the NYC and London paper markets has triggered an avalanche of demand for physical gold in the eastern hemisphere. Last night ex-duty import premiums in India were $14 over spot...
by irdadmin | Nov 3, 2016 | Financial Markets, Gold, Market Manipulation, Precious Metals
In the absence of the extreme degree of price intervention being conducted by the western Central Banks and bullion banks in the paper gold and silver markets, the price of both precious metals would be several multiples higher. That this intervention occurs not only...
by irdadmin | Oct 11, 2016 | Financial Markets, Gold, Market Manipulation, Precious Metals
Our sales have increased by 30-40 per cent over the last week following a decline in gold prices. Given that the current price level will continue, we see this season as one of the best festive seasons in terms of jewellery sales in recent years,” said Rajesh Mehta,...
by irdadmin | Apr 26, 2016 | Financial Markets, Gold, Market Manipulation, Precious Metals
BRICS countries are large economies with large reserves of gold and an impressive volume of production and consumption of this precious metal. In China, the gold trade is conducted in Shanghai, in Russia it is in Moscow. Our idea is to create a link between the two...