Gijsbert Groenewegen
Russia the world’s 4th largest gold producer is also converting petro-dollars into gold. According to a Bloomberg story when Vladimir Putin says the U.S. is endangering the global economy by abusing its dollar monopoly, he’s not just...
China continues to hoard gold en masse, which is starting to have a dramatic impact on the gold price. Chinese gold consumption is up 50% to 706 metric tons (hereafter tonnes) in the first six months of 2013 -- and is most likely to...
At present the US stock markets defy gravity either because: 1. The monthly $85bn Fed purchasing program; 2. The “improving” economy with 1.7% GDP growth for 2Q13 and bullish expectations for the remainder of the year; 3. The lack of...
The impact of the lower yen and rupee versus the US dollar on Treasuries and bonds. As a result of “the stronger dollar” the treasuries showed very nice gains measured in yen as a result of which the Japanese offloaded a record $30bn of...
Are falling commodity prices warning us of deflation? And is the fall in the gold and silver prices and lumber price a frontrunner for the fall of the SPX?
The physical buying has been overwhelming all over the world
Have a good look at the following two charts. I believe gold is about to bounce back sharply (following its massive manipulation), because the physical ultimately wins it always from the paper (futures). And the S&P500 is in my point...
What is the significance of backwardation in a down market?
