http://www.ingoldwetrust.ch/of…rt-gold-down-silver-holds
Silver demand in india is extraordinary high this year. India gross silver import in August was 369 tons versus 212 tons in August 2012, an increase of 157 tons, + 74 % y/y. Compared to July 2013 imports decreased 428 tons from 797 tons, – 54 % m/m. Year to date India gross silver import stands at 4311 tons, up 2440 tons compared to the same period in 2012, or + 130 %.
http://www.ingoldwetrust.ch/su…-ensure-dollars-dominance
Kommentar: Zhanglan
I have written elsewhere on Koos' blog and will therefore not repeat at great length, but
1. In both London http://www.bullionbypost.co.uk... and Hong Kong http://www.lpm.hk/eng.buy_gold... dealers Offer Gold bullion bars at around 12% premium to spot, but will Bid around 97% of spot for the same bars. There is clearly no pressure to lower the Offer Price in order to maintain retail demand, and the fact that the Bid is firmer than the Offer clearly illustrates that - at the retail level - Gold is being 'pulled' into Asia, rather than 'pushed' by people losing confidence and panic selling in the West
2. Increasingly frequent backwardation in COMEX futures offers incontrovertible (and quantifiable) proof of shortages in physical metal available for delivery
3. Although I sense that the fact the Germans called for physical repatriation of their Gold is more significant than the response they received (the Soviet threat collapsed 20+ years ago; what does the Bundesbank know now that it didn't know then?) the inevitable conclusion must surely be that the Gold is simply not there to be delivered
a. When the London Gold Pool collapsed in the1960s the USA used cargo aircraft to fly Gold across the Atlantic. Are logistical capabilities really worse now than they were 50 years ago?
b. Why 7 years? Why not 7 months, or would 70 years be equally reasonable? I have not yet read reports of China purchasing 2000+ tons of gold in 2013 only to be told they can't have it - but then, Germany doesn't hold $1.4 trillion of US T-bonds
c. Let's imagine that 7 years is reasonable: pro-rata we would expect 42 tons to be delivered during 2013 - especially if there is such an alleged glut of metal available on the open market - but in fact even this meagre amount has proved to be unavailable and has caused the USA to shake every tree from GLD to COMEX to Mali to Turkey to try to find it. 42 tons is 0.7% of the inventory supposedly held in Fort Knox, and the Feds have been measured and found wanting. The Emperor has No Clothes
Here is the full paper trail of events relating to the Bundesbank repatriation of Gold following a decision by a Federal German Court of Auditors
http://www.zerohedge.com/news/…t-sovereign-gold-holdings
http://www.zerohedge.com/news/…atement-gold-repatriation
http://www.zerohedge.com/news/…iver-300-tons-german-gold
http://www.zerohedge.com/news/…ly-37-tons-gold-700-total
Wiederholungsübung:
der Silberpreis, der Goldpreis, QE der FED, die US-Dollarentwicklung und der Rohölpreis
sollten wir schon beachten.
hier mal was zum US-Arbeitsmarkt der für die FED auch wichtig ist
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update: http://www.portalseven.com/emp…/unemployment_rate_u6.jsp
background-information: http://www.321gold.com/editorials/merk/merk050913.html
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update: http://research.stlouisfed.org/fred2/series/EMRATIO
interessanter Chart verfügbar !!!
last 5 observations mit der Maus anklicken
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http://www.silverdoctors.com/c…nemployment-manipulation/
interessanter chart vorhanden
Also termed the employment rate , the employment-population ratio is used as an alternative to the unemployment rate as an indicator of the utilization of labor resources.
[Blockierte Grafik: http://www.silverdoctors.com/wp-content/uploads/2013/03/unemployment-emratio-fixed-small.png]
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March 21, 2013
source: http://www.silverstrategies.com
http://www.caseyresearch.com/a…e-flexible-bond-purchases
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1st May, 2013
http://www.bloomberg.com/news/…-by-end-of-this-year.html
Buying Bonds
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http://www.merkinvestments.com/insights/2013/2013-10-30.php
Bernanke vs. Yellen: A Spooky Outlook?
30th October 2013
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der Rohölpreis sagt schon einiges
und warum sinkt dann der inflations-surprise-index wenn der Rohölpreis steigt focus-on ---> time-window 2012 und 2013
No One Expects Inflation
December 29, 2013
http://shortsideoflong.com/201…e-expectations-inflation/
[Blockierte Grafik: http://i0.wp.com/shortsideoflong.com/wp-content/uploads/2013/12/Inflation-Expectations.png]
interessante Interviews zu Gold and Silber
als Text und teilweise als mp3 erhältlich
siehe Kasten links unten
Interview Library
European Central Bank Chief Mario Draghi Comments On Gold
einfach mal die Charts ansehenö
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Chart 1: Performance of Silver and personal long positions
A lot of people don't realize that Japan's government and private pensions are second in size only to the U.S.
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Abe has pledged to continue this course of action for at least two years, with the primary goal of fostering 2% inflation.
It's having the desired effect, too...
Since April 4, the yen has fallen against all 16 of the global currencies it's most commonly traded against.
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Now, to combat this coming inflation, Japan's pension funds are increasingly looking toward gold. This is happening fast.
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If every Japanese pension fund moved into just a 1% allocation in gold to combat yen inflation over the next two years, that one factor alone would send the price of gold up 29%, to $1,552 an ounce.
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http://www.marketoracle.co.uk/Article43656.html
“Specifically, let’s look at the 10-year Treasury. It yields around 2.8% today2. At the current CPI, by which the government measures inflation, you are guaranteed to gain no purchasing power over the next 10 years. That’s what Jim Grant calls ‘return-free risk.’
“From my point of view, it gets even worse when you consider that the CPI does not take into account all costs of living. First of all they delete food and fuel from the index. It also doesn’t include tax. In my personal experience, my cost of living has increased by around 5 or 6 percent every year. If I buy a US 10-year Treasury, the government guarantees a loss of purchasing power of around 3 percent a year. That comes out to about 30 percent less in purchasing power after ten years.
“In my view, this backdrop makes natural resource equities much more attractive.”
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Begriffserklärung: registered
Definition: eligible
definition between eligible and registered !!!
Silver and gold stored in these warehouses can fall into two categories: Eligible and Registered.
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Keeping track of COMEX inventories is something that is recommended for all serious investors who own physical gold and the gold ETFs (SPDR Gold Shares (GLD), PHYS, and CEF) because any abnormal inventory declines may signify extraordinary events behind the scenes that would ultimately affect the gold price.
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http://seekingalpha.com/articl…hit-new-lows?source=yahoo
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It bears pointing out that while eligible gold has been surging higher, JPM's registered gold has once again contracted, and as of today, it closed at its lowest ever: just 87K ounces of gold!
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http://www.zerohedge.com/news/…ble-refill-its-gold-vault
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y13m12d21 http://seekingalpha.com/articl…all-time-low?source=yahoo
updates: http://www.safehaven.com/author/258/chris-ciovacco
einfach nur die Charts ansehen
ratio ---> TIP:IEF als Inflationsentwicklung und GLD als Goldpreisentwicklung
A Look At Eric Sprott On Gold's Supply-Demand Fundamentals
http://srsroccoreport.com/huge…s-on-pace-for-new-record/
Indian Silver Imports on Pace for New Record in 2013
If silver imports were 2,400 tonnes from Jan-May, and we estimate another 1,500 tonnes for June & July, that’s nearly 4,000 tonnes of silver in only the first 7 months of 2013. Even if imports are more conservative throughout the rest of the year, India may still be on hits way of surpassing its record silver imports of 5,048 tonnes in 2008.
[Blockierte Grafik: http://srsroccoreport.com/wp-content/uploads/Indian-Silver-Imports.png]
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Chinese Gold Purchases In Preparation For The Adoption Of The Gold Standard (Part 1)
Gijsbert Groenewegen
August 29, 2013
http://www.gold-eagle.com/arti…tion-gold-standard-part-1
[Blockierte Grafik: http://www.gold-eagle.com/sites/default/files/groenewegen082913-2.jpg]
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repetition-drill
http://www.goldseiten.de/artik…er-nur-gewinnen-kann.html
7th December 2013
Wie bedeutend diese Zahl sei, werde erst in Relation mit der globalen jährlichen Minenproduktion ersichtlich, welche sich auf etwa 24.000 Tonnen belaufe. Nach Berechnung des Experten verschlinge Indien demnach 22% der Minenproduktion. Bedenke man, dass nur etwa die Hälfte dessen, d.h. 12.000 Tonnen, für Investmentzwecke zur Verfügung steht (der andere Silberanteil ist Industrieverbrauch ), so schlage Indien sogar mit sagenhaften 44% zu Buche.
http://invezz.com/analysis/com…e-to-capitulation-in-etfs
This is also where much of the analyst’s concern lies. While the collapse of gold can be attributed to a massive 35 percent reduction in ETF holdings, “silver ETF positions seem oblivious to the very low price of silver”, points out Esterhuizen (see charts below).
ZKB (grau) ist bestimmt die Züricher Kantonalbank oder irre ich mich da ???
[Blockierte Grafik: http://invezz.com/uploads/analysis/143/pic1.png]
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beim Autofahren kann man auch mp3-podcasts sich anhören
mit dem Thema Gold und Silber
hier der download-Bereich für Gold und Silber
der trend ist günstig für jene die auf Gold vertrauen
in englischer Sprache
in-gold-we-trust
http://www.ingoldwetrust.ch/ch…mber_5815490858933325826#!
rote Line
China net-inflow of gold
[Blockierte Grafik: http://www.ingoldwetrust.ch/wp-content/uploads/Hong-Kong-China-gold-trade-monthly-10-2013-705x417.png]
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Secretive Swiss gold refiners have struggled to provide 40 tonnes of gold-a-week for China or 2,000 tonnes this year
http://www.arabianmoney.net/go…or-2000-tonnes-this-year/
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‘They have expanded the plant to where it almost doubles their capacity. Seventy per cent of their kilobar fabrication is going to China, at a pace of 10 tonnes a week. That’s from one refinery, now remember there are four of these big refineries in Switzerland.’
Why then is the gold price down 27 per cent this year? How can gold refiners be struggling to meet demand for the physical metal and yet prices continue to fall?
Price fix?
http://www.silverdoctors.com/b…ready-surpass-2012-total/
Silver-Maple-Leaf-Sales increased 54%, compared to the same period last year.
period-2012: Q1-Q3 // year-2012 --> 12 800 000
period-2013: Q1-Q3 // year-2013 ---> 19 700 000
[Blockierte Grafik: http://srsroccoreport.com/wp-content/uploads/Canadian-Silver-Maple-Leaf-Sales-Q3-2012.png]
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http://www.silverdoctors.com/5…real-story-behind-silver/
[Blockierte Grafik: http://srsroccoreport.com/wp-content/uploads/GFMS-Global-Silver-Investment-2013.png]
world silver investment volume year 2010 until year 2013 approximately 250 million ounces, the same level in volume
die blauen Säulen ( mit Skalierung auf der linken Seite )
the same level in volume but a sharp decline in the price of silver ( analoges Verhalten investment-value black line )
