euh ? non, au contraire, c'est bon signe
le dernier article du Monde quand on compare avec celui de 2010 qui ne sentait pas bon

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.html

This 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

infos en anglais
http://www.goldseiten.de/artikel/presseschau-engl./
sur un site allemand
http://www.goldseiten.de/artikel/nachrichten/

Here are you major physical stories:

A Chinese official, Gao Wei writes in the China Security Journal that China's hoard of gold is "too small" relative to the size of it's foreign reserves. He also states that China is accumulating massive amounts of gold secretly as they never telegraph their moves. They never inform the IMF of their purchases of gold. The last update was 4 years ago when they announced an increase in reserves to 1054 tonnes. The fact that they are silent is good reason to believe that they are hoarding gold at an official level.

(courtesy Goldcore)

The following story is huge as China finally in an official statement states that they must add gold to its reserves to promote yuan globalization:

the official communique:

China needs to add to its gold reserves to ensure national economic and financial safety, promote yuan globalization and as a hedge against foreign- reserve risks, Gao Wei, an official from the Department of International Economic Affairs of Ministry of Foreign Affairs, writes in a commentary in the China Securities Journal today.
While gold prices are currently near record highs, China can build its reserves by buying low and selling high amid the short-term volatility, Gao writes in newspaper
China’s gold reserve is “too small”, Gao says

(courtesy zero hedge/China Economic Journal)

Not at all good, these markets are dangerous. Investors flee. It's called FLIGHT OF CAPITAL. And folks, that ain't gonna help anyone. This is a mess. Bull markets don't let you in and bear markets don't let you out. Cycles suggest a bounce by Friday...best used to one's advantage if one hasn't already done so. Bounce might last until month end and then the real fireworks go off. Bear market has started, just nobody believes that yet. The VIX remains mute. No fear. Oh, there will be fear. You can hang your hat on that. Wait until 2014.

http://stockcharts.com/public/1178409

Les raisons de mettre de l'or physique dans son patrimoine
Les Echos 16/11/2012




[...]

On y vient doucement...

5% du patrimoine financier, ça ne sert pas à grand chose. C'est à peine mieux que rien. Et ça ne protège évidemment absolument pas d'un gros risque systémique ou politique, parce que 5% d'or ne rattraperont jamais les pertes colossales (totales ?) des 95% restants.

À partir de 10-15%, l'effet bénéfique de l'or commence à se faire sentir. Au-delà, il faut bien admettre qu'on est un peu gold bug sur les bords.

... Ou qu'on ne voit absolument pas l'intérêt des autres formes de placement à l'heure actuelle.

Ce sont les Echos à la base....propriété de LVMH.
5 à 10%, c'est un début. Le jour il y aura un papier qui dira qu'il faut 50% au cas où, il y aura émeute rue Vivienne dans la journée.

Le 50P est encore frappé (daté de 1947) en petites quantités.