gold, quelques news pêchées deci dela :
Un article fort intéressant...
Turkish prime minister says gold should replace dollar
By Zubeyde Yalcın
Sabah, Istanbul
(A morning newspaper)
http://english.sabah.com.tr/economy/201 ... ar-to-gold..."Stating that although IMF assistance may appear to be a prescription for some nations, in fact it is quite the opposite, as the fund has often caused serious problems for countries in trouble. So Erdogan asks why it is that the fund uses dollars instead of gold...."
A message from J.B.Slear. gold and silver are the only vehicle with respect to saving
(courtesy JB Slear)
Gold and Silver are still the only anti-dollar savings out there
(
http://www.FortWealth.com)
Major points:
1. It seems that Germany is proposing bundling the next 3 tranches for Greece totaling 44 billion euros.
2. The 5 billion euros of debt coming due this Friday will be done through the circuitry of the Greek banks buying the sovereign bonds and then swapping these with the ECB. Again the ECB risk increases
3. The IMF is at odds with the EU on this. The IMF wishes the ECB and others to take a haircut, something it will not do. Lagarde is very upset with Juncker.
4. UK inflation rose to highest levels in quite some time at 2.7% year over year.
5. Barrick correctly states that it is getting harder and harder to find good gold deposits.
(your early morning gold sentiment from Europe courtesy of Ben Traynor/bullion vault.)An important read for you courtesy of Mineweb Lawrence Williams/Ted Butler. This past week on huge silver purchases:
1. The Royal Canadian Mint purchases of 3.0 million oz of silver.
2. Sprott's attempt to purchase 7.5 million oz of silver.
As for the Royal Canadian Mint, I am a little skeptical here with their ETF. I still have my doubts that real silver has been purchased. I know the Sprott silver is real and it will take time to get it. However Butler is astounded that 11.5 million oz of silver have been purchased which equates to 1 weeks global production of silver, yet the price of silver hardly moved.
Silver is predicted to increase 500pc in value
http://www.telegraph.co.uk/journalists/emma-wall/By Emma Wall
7:05AM GMT 13 Nov 2012
Silver will increase in value five times over the next three years, according to mixed asset fund manager Ian Williams.
"Silver is about to enter a sustained bull market that will take the price from the current level of $32 an ounce to $165 an ounce and we expect this price to be hit at the end of October 2015," he predicted.
"This forecast is based entirely using technical & cyclical analysis and is in keeping with the mathematical form displayed so far in the bull run that has taken Silver from $8 an ounce in 2008 to its current price of $32 an ounce – having hit $50 an ounce in 2011."
http://www.telegraph.co.uk/finance/pers ... years.htmlThis needs no introduction, Eric Sprott on gold:
(courtesy Bloomberg)
All that Glitters is Gold
A good interview on Bloomberg with Eric Sprott…
Nov. 12 (Bloomberg) -- Eric Sprott, chief executive officer of Sprott Asset Management, talks about investment strategy and the performance outlook for gold. Sprott speaks with Erik Schatzker and Scarlet Fu on Bloomberg Television's "Market Makers." (Source: Bloomberg)
http://www.bloomberg.com/video/sprott-on-gold-market-outlook-investment-strategy-hj6s7ev8SuGlKGZ2VQEU~g.html