Gold, Cyprus & Europe: Security. Bankruptcy & Pregnancy
Only when the tide goes out do you discover who's been swimming naked. -- Warren Buffett
Goldwatcher co-author Frank Holmes recently published this analysis titled In Gold Not Cyprus We Trust.
His comment ends with this chart:
Click to enlarge
In this article address the recent developments that have brought gold back on asset allocation agendas as investors seek security and protection from capital controls, currency and systemic risks.
Written by Adrian Ash, Bullion Vault
US regulator the CFTC is anxious about the London gold fix. But what is the fix, and why...?
SO IS the London gold fix a fix? US derivatives-market regulators think it might be.
The CFTC is no doubt absolutely within its rights to question the use of certain prices as reference points (aka "marks") in US transactions. Joining the International Roundtable on Financial Benchmarks three weeks ago, its commissioner Bart Chilton said he also thought many other markets might deserve attention, too. But quite what a Washington commission overseeing the US futures markets might achieve - or hope to - as regards the London Fixings as a process, however, we can't imagine.
Just how do you go about putting physical precious metals into your retirement account...?
I had just left a company where I had accumulated a nice amount of retirement funds in my 401K plan.
Like most people, for me a nice amount is any money that somehow hasn't gone to pay for college tuition. So I found myself for the first time in a long time needing to consider what to do with a small chunk of change.
While mainstream financial and a growing number of economic forecasters focus on investors fleeing the gold bullion market, I am following in the footsteps of central banks around the world...
Investors pulled out a record amount of money from gold bullion-backed exchange-traded funds (ETFs) this past February. A total of $4.1 billion was withdrawn from gold bullion ETFs last month, the largest single-month outflow since January of 2011. (Source: ETF Trends, March 6, 2013.)