Beiträge von Blue Horseshoe

World's central banks want more gold as India joins spree

The Reserve Bank of India’s purchases are part of a wider picture across developing economies that are looking at de-dollarizing their foreign-exchange reserves, according to Ross Strachan at Capital Economics Ltd. The RBI’s buying trend can be sustained for a number of years in relatively small quantities, as part of a long-term diversification, he said.

[Blockierte Grafik: https://assets.bwbx.io/images/…qzS8rF9LjsWaQ/1200x-1.png]

The RBI increased its stash by about 42 tons last year, and after adding more in January and February, the country’s gold reserves now stand at a record high of almost 609 tons, according to data from the International Monetary Fund. Russia bought 274 tons in 2018 and has added more this year, while China’s central bank is on a renewed buying spree that began in December. Global official sector gold purchases could reach 700 tons in 2019 led by these countries as well as Kazakhstan, Iran, and Turkey, according to Citigroup Inc.

http://www.mining.com/web/worl…t-gold-india-joins-spree/

ifo Schnelldienst: Electric Vehicles are not a Panacea for Climate Change

http://www.cesifo-group.de/ifo…17_sd08-Elektroautos.html

http://www.cesifo-group.de/Doc…al-motoren-2019-04-25.pdf

bg bh

danke, mosaic war mir bei der auflistung entgangen. die haben doch 2017/18 die düngemittelsparte von vale übernommen(daher auch die stärke in brasilien).

bg bh

hallo @Neo , es geht ja nicht nur um eine importbeschränkung/quote/zölle. letztendlich geht es einfach um einen rechtsstatus. keiner will gerne langfristige lieferverträge abschließen nur um in drei monaten festzustellen das eventuell 25% oder ähnlich nur aus den usa bezogen werden dürfen. ua. gerade deshalb haben bisher die us utilities keine neuen verträge abgeschlossen. diese stellen aber ca 25% der weltnachfrage.

davon das die vorgänge bereits eingerpreist sind gehe ich keinesfalls aus da die preise immer noch zu niedrig sind.

vg bh.

@Caldera deine charttechnik in ehren
wenn es so ist wie du schreibst, gut dann kann ich meine positionen noch ausbauen.
ich gehe allerdings davon aus das eine hohe wahrscheinlichkeit besteht, das innerhalb von drei monaten die ersten bewegungen in den markt kommen. die us utilities warten auf das ergebnis der section 232 zum abschluss ihrer neuen langfrist lieferverträge. sie wollen letztendlich wissen, ob sie per quote us uran kaufen müssen oder nicht...
also egal wie die section des doe ausgeht, ab dem zeitpunkt kommt bewegung(die ebenfalls volatil sein kann) in den markt.

vg bh

Global silver demand up 4% in 2018

The Silver Institute has released a report saying global silver demand rose 4% – to 1.03 billion oz. – in 2018. This is the first time since 2015 that demand has risen year-over-year.
Three factors were at play: demand growth, robust retail investment, and falling supply.
On the demand side, sales of silver bars and coins rose by 20%, the largest driver was silver bar demand, which jumped 53%. Silver jewelry demand moved up 4%, to 212.5 million oz. Demand for industrial silver fell 1% to 578.6 million oz., due to a 9% drop in silver used in photovoltaic.
Silver supply fell by 2% last year, the third consecutive annual decline to 855.7 million oz. The largest downturn was experienced by primary silver mines, which decreased by 7% to contribute 26% of total mine supply. The zinc-lead sector contributed 38% of by-product silver, followed by copper at 23% and gold at 12%.
The price of silver also declined by 7.8% to average $15.71 in 2018. Negative factors affecting the price last year included a rising US dollar, interest rate hikes, the trade dispute between the United States and China, and lower global economic growth projections.

http://www.mining.com/global-silver-demand-4-2018/

Golden Straws In The Wind

...
The next credit crisis could change everything

So
far, China and Russia have resisted the temptation to act
precipitously. Their economies are dependent on Western cooperation.
Russia exports energy to the West, and China runs a trade surplus in
goods and services. To dispense with Western trade, they need an
Asia-wide self-contained market. They are building it, with China’s silk
road projects and by consolidating the membership of the Shanghai
Cooperation Organisation. But not all the groundwork has been done,
certainly not enough to “go commando”.

The transfer from a
dollar-centric world to gold-backed roubles and renminbi will continue
to be at a pace determined by the monetary mistakes of America. That is
why the next economic downturn is so important to geopolitical outcomes.
And it won’t be just a rerun of Lehman, characterised by a sudden
crisis, money-printing, and heaving a sigh of relief when the banking
system doesn’t collapse.

The starting-gun for the next credit
crisis has already been fired. A reversal of expanding cross-border
trade is in full swing. The sales of dollars by foreigners has begun.
There is little doubt there is a recession ahead, the only question is
of its likely depth. The massive build-up of unsustainable global debt
since the Lehman crisis tells us to expect the liquidation to be
substantial. The coincidental combination of the peak of the credit
cycle and trade protectionism warns us of something far worse than an
ordinary recession: a possible rerun of 1929-32, only this time with
unsound currency instead of currencies freely convertible into gold.
...
https://www.goldmoney.com/rese…golden-straws-in-the-wind

Golden Straws In The Wind

...
The next credit crisis could change everything

So
far, China and Russia have resisted the temptation to act
precipitously. Their economies are dependent on Western cooperation.
Russia exports energy to the West, and China runs a trade surplus in
goods and services. To dispense with Western trade, they need an
Asia-wide self-contained market. They are building it, with China’s silk
road projects and by consolidating the membership of the Shanghai
Cooperation Organisation. But not all the groundwork has been done,
certainly not enough to “go commando”.

The transfer from a
dollar-centric world to gold-backed roubles and renminbi will continue
to be at a pace determined by the monetary mistakes of America. That is
why the next economic downturn is so important to geopolitical outcomes.
And it won’t be just a rerun of Lehman, characterised by a sudden
crisis, money-printing, and heaving a sigh of relief when the banking
system doesn’t collapse.

The starting-gun for the next credit
crisis has already been fired. A reversal of expanding cross-border
trade is in full swing. The sales of dollars by foreigners has begun.
There is little doubt there is a recession ahead, the only question is
of its likely depth. The massive build-up of unsustainable global debt
since the Lehman crisis tells us to expect the liquidation to be
substantial. The coincidental combination of the peak of the credit
cycle and trade protectionism warns us of something far worse than an
ordinary recession: a possible rerun of 1929-32, only this time with
unsound currency instead of currencies freely convertible into gold.
...
https://www.goldmoney.com/rese…golden-straws-in-the-wind

@Salorius ich denke eher nicht

The Moscow Times is Russia’s leading, independent English-language media outlet. From our Moscow newsroom, we provide readers across the world with breaking news, engaging stories and balanced journalism about the largest country on Earth.

https://www.themoscowtimes.com/page/moscow-times

ich schau halt ca einmal die woche vorbei

vg bh

Russia’s New Gold Rush Could Shake Up the International Monetary System

Russia and China might be considering a gold-backed digital currency.

The sheer size of the purchases might reveal bolder motives, with Moscow preparing its first salvo in the coming battle for a monetary reset.
What makes the recent moves especially significant is the fact they are being replicated in Beijing. According to official data, China raised its bullion reserves to 60.62 million ounces in March from 60.26 million a month earlier; last month’s inflow was 11.2 tons, following the addition of 9.95 tons in February, 11.8 tons in January and 9.95 tons in December.
China may actually end the year as the top buyer after Russia. Right now it looks like a close race.
The purchases are unlikely to have been coordinated by Russia and China, but some mutual influence is evident: the two countries expect to benefit from the other’s purchases, which should be supportive of long-term prices.

https://www.themoscowtimes.com…al-monetary-system-a65131

pa. habe es auch schon im gold thread geposted, wenns doppelt stört bitte einmal löschen

Russia’s New Gold Rush Could Shake Up the International Monetary System

Russia and China might be considering a gold-backed digital currency.

"The sheer size of the purchases might reveal bolder motives, with Moscow preparing its first salvo in the coming battle for a monetary reset.
What makes the recent moves especially significant is the fact they are being replicated in Beijing. According to official data, China raised its bullion reserves to 60.62 million ounces in March from 60.26 million a month earlier; last month’s inflow was 11.2 tons, following the addition of 9.95 tons in February, 11.8 tons in January and 9.95 tons in December.
China may actually end the year as the top buyer after Russia. Right now it looks like a close race.
The purchases are unlikely to have been coordinated by Russia and China, but some mutual influence is evident: the two countries expect to benefit from the other’s purchases, which should be supportive of long-term prices...."

https://www.themoscowtimes.com…al-monetary-system-a65131

Featured Interview: Executive Chairman Ivan Bebek of Auryn Resources Inc. (NYSE: AUG)

https://upticknewswire.com/fea…resources-inc-nyse-aug-3/

SALT LAKE POTASH AND BLACKHAM RESOURCES EXECUTE BINDING ACCESSAGREEMENT
https://www.asx.com.au/asxpdf/…08/pdf/44449slh5w4df7.pdf

"It Belongs To The People, Not The Bankers" - Italy Moves To Seize Gold From Central Bank

https://www.zerohedge.com/news…s-seize-gold-central-bank

Is Beijing Signaling An Imminent Currency Devaluation: China Unleashes Gold Buying Spree

According to the latest Chinese reserve data, the country's gold reserves rose to 60.62 million ounces in March from 60.26 million a month earlier, according to data on its website. This was the fourth consecutive month of gold increases: last month’s inflow was 11.2 tons, following the addition of 9.95 tons in February, 11.8 tons in January and 9.95 tons in December. As shown in the chart below, the recent buying spree resumed after a 25 month hiatus, as China stopped reporting gold purchases in October 2016. This trend broke in December, when Beijing announced it had once again started accumulating gold.

[Blockierte Grafik: https://www.zerohedge.com/s3/f…%20gold.jpg?itok=ChMm97vf]

https://www.zerohedge.com/news…leashes-gold-buying-spree

interview mit ivan bebek

van Bebek | Sombrero Trench Results Continue To Indicate Possible World-Class Copper/Gold Discovery

Russia adds $2.4 billion to its foreign exchange reserves in one week

https://www.rt.com/business/45…rnational-reserves-gains/

Petrodollar Panic: Saudis Threaten To Dump USD-Oil Trades Over OPEC Anti-Trust Bill

"And now, Reuters reports, citing three unidentified people familiar with Saudi energy policy, Saudi Arabia is threatening to drop the dollar as its main currency in selling its oil if the U.S. passes a bill that exposes OPEC members to U.S. antitrust lawsuits.
While the death of the petrodollar has long been predicted (as the petroyuan gathers momentum), this is the most direct threat yet to the USDollar's exorbitant privilege...
https://www.zerohedge.com/news…over-opec-anti-trust-bill

bg bh

Auryn Extends Fierrazo Mineralization to 232 meters of 0.55% Copper Equivalent at Sombrero
April 3, 2019
Vancouver, British Columbia – April 3, 2019 – Auryn Resources Inc. (TSX: AUG, NYSE AMERICAN: AUG, “Auryn” or the “Company”) is pleased to announce an extension of the mineralization at the Fierrazo target at the Sombrero copper-gold project in Southern Peru. Through continuous channel sampling, the previously reported result of 184 meters of 0.57% copper equivalent (see March 12, 2019 news release) was extended by 48 meters of 0.51% copper equivalent (0.49% copper and 0.04 g/t gold) (Figure 1), including a higher-grade internal interval of 20 meters of 1.01% copper equivalent (0.97% copper and 0.07 g/t gold). The combined width of mineralization observed at the Fierrazo target is now 232 meters of 0.55% copper equivalent (0.47% copper and 0.13 g/t gold) with a higher-grade internal interval of 40 meters of 1.26% copper equivalent (1.23% copper and 0.05 g/t gold) (Figure 1).
A Message from Michael Henrichsen, COO & Chief Geologist:
“The additional high-grade copper-gold channel sampled at Fierrazo further validates the potential of the 7.5 kilometers of exoskarn targets over the Sombrero Main and Fierrazo areas. We believe the high-grade mineralization observed on surface is characteristic of the extensive exoskarn targets beneath the thin cover sequence at the project, demonstrating the potential for a scalable high-grade discovery.”
Rock Sampling from Former Small-Scale Fierrazo Iron Mine:
Auryn collected 37 representative grab samples from the waste dumps and ore stock piles left by the formerly producing Fierrazo iron mine. The results of the samples indicate copper and gold mineralization within the hematite-magnetite exoskarn mineralization. Values of up to 3.26% copper and 1.2 g/t gold were identified (Figures 2 & 3). The average values of the samples were 0.91% Cu and 0.36 g/t Au. Complete results of this sampling are presented below in Table 1.

https://www.aurynresources.com…r-equivalent-at-sombrero/

On the Clock

By Trey Reik

Trading in gold markets during the week of 3/25/19 seemed heavily influenced by calendar-related items.
http://www.sprott.com/insights/gold-bulletin-4-01-2019/

What Jay Powell should be telling you about the inverted yield curve
Monday, April 1, 2019
Donald L. Luskin
Trump and Kudlow are baiting Powell to cut rates -- but Powell himself said he would listen to an inverted yield curve.
http://trendmacro.com/videos/w…bout-inverted-yield-curve

bg bh