Author Archive: BullionVault

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The Federal Reserve: 100 Years of The Great Experiment

The Federal Reserve: 100 Years of The Great Experiment

by Miguel Perez-Santalla – BullionVault Posted on Coinweek ……. After 100 years of the US central bank, does it deserve another try…? SO IT WILL be 100 years on December 23rd since the Federal Reserve was born. The purpose in 1913 was to form a regulatory body to help stem the tide of bank failures […]

By December 17, 2013 2 Comments Read More →
Analysts Split Over Fed’s 2014 Impact on Gold as QE in Spotlight

Analysts Split Over Fed’s 2014 Impact on Gold as QE in Spotlight

The PRICE of gold bounced from a steady drop Monday lunchtime in London, trading back at $1234 per ounce as Asian stockmarkets ended sharply down but Europe ticked up ahead of this week’s US Federal Reserve policy decision, due Wednesday. China’s gold premiums above international prices edged lower again, dropping to $6 per ounce at […]

By December 16, 2013 0 Comments Read More →
Critical Week Ahead for Gold Bugs as Fed Meets and Bear Market Continues

Critical Week Ahead for Gold Bugs as Fed Meets and Bear Market Continues

LONDON gold in Dollars terms traded flat for the week Friday morning, holding around $1230 per ounceafter what one analyst calls “a tumultuous few days.” Stockmarkets ticked higher but London’s FTSE100 headed for a 1.5% drop on the week. Silver also erased the last of its mid-week gains, which reached 5.0% yesterday morning, to trade […]

By December 15, 2013 0 Comments Read More →
Gold Drops $20, “I’d Rather Buy Silver,” Says Jim Rogers

Gold Drops $20, “I’d Rather Buy Silver,” Says Jim Rogers

WHOLESALE LONDON gold tumbled more than $20 per ounce in quiet trade Thursday morning, falling with world stock markets after the week’s “three-day rally [in gold] prompted some profit-taking” according to one dealing desk. “The fact that India,” said investor, fund manager and best-selling author Jim Rogers to BullionVault overnight, “which has been the largest buyer, has reduced […]

By December 12, 2013 0 Comments Read More →
Gold Reverses Sharp Drop on Strong US Jobs Report, Short-Covering “Now in the Air”

Gold Reverses Sharp Drop on Strong US Jobs Report, Short-Covering “Now in the Air”

WHOLESALE gold in London reversed a sharp drop Friday lunchtime, recovering a $20 plunge on the release of US jobs data to trade back above $1230 per ounce, heading for a 1.7% drop on the week. Versus analyst forecasts of 180,000 net hiring last month, the US economy added 203,000 jobs according to the official Non-Farm […]

By December 9, 2013 0 Comments Read More →
Bearish Bets on Gold Hiked Aggressively But Prices Move Sideways Short Term

Bearish Bets on Gold Hiked Aggressively But Prices Move Sideways Short Term

LONDON prices for gold reflected subdued dealing Monday morning, slipping 0.9% to $1279 by lunchtime as silver and other commodities also dropped but major government bond price edged higher. European shares drifted lower as well, but the MSCI World index was pulled up to 6-year highs by a sharp rise in Chinese equities. Prices ended […]

By November 18, 2013 0 Comments Read More →
Speculation “Driving Gold” Near 4-Week Lows as Chinese Gold Market Gets “Massive Vote of Confidence”

Speculation “Driving Gold” Near 4-Week Lows as Chinese Gold Market Gets “Massive Vote of Confidence”

WHOLESALE DEALING in gold was muted Monday morning in London, with prices bouncing off their lowest level in almost 4 weeks at $1280 per ounce as European stock markets rose. Major government bonds ticked higher after Friday’s sharp sell-off on strong US jobs data. Silver prices also fell to their lowest level since Oct. 17th, turning […]

By November 11, 2013 2 Comments Read More →
Token Demand for New Hindu Year Leaves Gold Waiting on US Data

Token Demand for New Hindu Year Leaves Gold Waiting on US Data

WHOLESALE trade in London left the price of gold sitting at last week’s finish of $1317 per ounce Monday morning, as European shares rose with government bond prices but commodities slipped. Silver also held flat, trading near $21.90 per ounce – more than 5% below last Wednesday’s 5-week high. The Euro ticked higher from a […]

By November 4, 2013 0 Comments Read More →
Urge to Dump Gold Finished as US Fed Turns Dovish

Urge to Dump Gold Finished as US Fed Turns Dovish

WHOLESALE London prices of gold sat tight Monday morning, holding onto Friday’s 6-week closing high as European stockmarkets failed to continue a rise in Asian shares. Silver was unchanged with commodities, major government bonds and gold, sitting at $22.58 per ounce by lunchtime. The US Dollar rallied after hitting a new 9-month low on its […]

By October 28, 2013 1 Comments Read More →
Best Week in 11 for Gold on US Short-Covering, Indian Festivals

Best Week in 11 for Gold on US Short-Covering, Indian Festivals

from Adrian Ash – BullionVault ………………… The PRICE of wholesale gold slipped but held near 1-month highs Friday morning in London, heading for the strongest week-on-week gain since mid-August at $1343 per ounce. Rising 1.7% from last Friday’s finish, gold prices lagged silver – up 2.3% for the week – as European stock markets held […]

By October 25, 2013 0 Comments Read More →
The Gold and Silver Bullion Market’s Big Issues, Part I

The Gold and Silver Bullion Market’s Big Issues, Part I

by Adrian Ash BullionVault………… Price action isn’t the big players’ big concern in gold and silver right now… “FAITH and RELIGION,” said Edel Tully of UBS, the Swiss investment and bullion bank. “Those were key themes,” she said, summing up this year’s LBMA conference last Tuesday evening. We could hardly ignore those topics, meeting in the hills just […]

Sense of Calm Keeps Gold Flat Despite Threat the US Won’t Pay Its Bills

Sense of Calm Keeps Gold Flat Despite Threat the US Won’t Pay Its Bills

PRECIOUS METAL prices were unchanged in what dealers called “thin, quiet” Asian and London trade Monday morning, despite increasing fears the US government will fail to meet its obligations in only 10 days’ time. “Congress is playing with fire,” Treasury secretary Jack Lew told CNN on Sunday. Because “if the United States government, for the […]

Witch-Hunt Fails in Silver Futures Trading; CFTC

Witch-Hunt Fails in Silver Futures Trading; CFTC

by Guillermo Miguel Perez-Santalla I have to admit, it amazes me how easily the government spends our money. In 2008 the CFTC received a series of complaints about the silver market. According to their release today the most widely asserted complaint was that because silver product prices such as coins and bullion were higher that […]

Gold “Fierce” If Fed Surprises, Investment Banks Urge “Sell” as Traders “Spooked”

Gold “Fierce” If Fed Surprises, Investment Banks Urge “Sell” as Traders “Spooked”

The WHOLESALE price of gold fell below $1300 for the first time in 6 weeks Wednesday morning in Asia, as traders in all markets awaited today’s US Fed announcement on QE tapering. Regaining that level in London – a record high when first reached 3 years ago next week – gold still held 7% beneath […]

By September 18, 2013 0 Comments Read More →
Gold Investor Index Hits 4-Month High as Silver Surges

Gold Investor Index Hits 4-Month High as Silver Surges

By Miguel Perez-Santalla Private investor sentiment towards gold bullion rose in August to its best level since April’s 16-month high, according to the latest Gold Investor Index from BullionVault. As the price of gold recovered to $1400 per ounce, erasing the last of June’s 15% plunge, the online bullion exchange saw its measure of investor […]

By September 9, 2013 0 Comments Read More →
Gold Erases Week’s 2.5% Gain After UK Rejects Syrian Action

Gold Erases Week’s 2.5% Gain After UK Rejects Syrian Action

The PRICE of gold fell $15 in London trade Friday morning, reversing the last of the week’s 2.5% gain to sit flat at $1395 per ounce. Silver had already slipped, and then also fell hard as London opened for business, dipping below $23.50 per ounce. Unlike the gold price silver then regained most of that […]

Fed Minutes Split Metals Traders, India’s Festival Gold “Already Stockpiled”

Fed Minutes Split Metals Traders, India’s Festival Gold “Already Stockpiled”

London Gold Market Report from Adrian Ash BullionVault Wednesday, 21 August 08:15 EST BULLION prices recovered most of an earlier dip lunchtime Wednesday in London, with gold trading 1.2% lower for the week so far ahead of policy-meeting minutes from the US Federal Reserve. Asian and European stock markets fell once again, as did commodities […]

Demand for Gold Coins & Bar Already Near Total 2012 Sales

Demand for Gold Coins & Bar Already Near Total 2012 Sales

By BullionVault …….. China and India lead jump in gold coins and bar investment, but ETF sales by Western money managers still weigh heavy… THIS YEAR’s gold coin and bar demand from private investors already totals more than three-quarters of 2012’s full-year total, according to authoritative data compiled for the World Gold Council. The market […]

Changes in Silver Part 3: So Who Is Buying?

Changes in Silver Part 3: So Who Is Buying?

by Miguel Perez-Santalla BullionVault With photography gone, and PV not plugging the gap, where is silver seeing the strongest demand…? FOR ALL ITS monetary and investment history, silver is by far an industrial metal today. The industrial sector consumed close to 466 million ounces of silver in 2012 according to the Silver Institute. Add what’s left […]

Gold Rallies But Very Oversold

Gold Rallies But Very Oversold

Gold Rallies But “Very Oversold” Miners Extend Losses Post-Bernanke WHOLESALE GOLD traded in a tight range around $1280 per ounce Thursday morning after recovering over a third of yesterday’s $30 drop from 4-week highs. Gold miner equities, in contrast, extended their fall as broader stock markets rose. By lunchtime in London, African Barrick, spun out […]

Changes in Silver, Part 2: Photovoltaic Demand

Changes in Silver, Part 2: Photovoltaic Demand

by Miguel Perez-Santalla BullionVault …….. The Photovoltaic industry didn’t start to show on charts of silver demand until the year 2000, when it consumed approximately one million ounces. Those 31 tonnes were barely a blip on the silver consumption chart. In fact, in comparison to the smallest of the large consumers at the time – […]

“Sour” Investment Sentiment Sees Gold Head for Biggest Quarterly Drop on Record

“Sour” Investment Sentiment Sees Gold Head for Biggest Quarterly Drop on Record

London Gold Market Report from Ben Traynor BullionVault Thursday 27 June 2013, 08:00 EDT “Sour” Investment Sentiment Sees Gold Head for Biggest Quarterly Drop on Record WHOLESALE gold bullion prices fell back towards $1230 an ounce Thursday morning in London, having ticked higher in earlier Asian trading, as stocks and commodities were little changed on the day […]

Changes in the Silver Market, Part 1

Changes in the Silver Market, Part 1

by Miguel Perez-Santalla, Bullionvault ……… Photographic demand for silver has fallen 70% from its peak. What could possibly fill that gap…? BACK in the good old days, a physical silver trader’s dream would be to land a photographic company as a customer. Polaroid, Kodak, Fuji and many more were on this list of prospects. This […]

Gold & Silver Fall to 2010 Levels on Bernanke Comments

Gold & Silver Fall to 2010 Levels on Bernanke Comments

  SPOT MARKET gold and silver prices fell to their lowest levels since September 2010 Thursday, with gold dropping through $1300 an ounce during London trading and silver falling below $20 an ounce. Stocks and commodities also fell and the US Dollar strengthened after US Federal Reserve chair Ben Bernanke told a press conference that […]

Gold Market Has Seen Paradigm Shift in Investor Attitudes

Gold Market Has Seen Paradigm Shift in Investor Attitudes

GOLD drifted to a one-week low below $1380 an ounce Tuesday morning, as silver dipped below $21.80 an ounce, with stocks and commodities broadly flat on the day ahead of tomorrow’s US Federal Reserve decision, with analysts speculating on whether the Fed will give details of when and how it might slow down its quantitative […]

The Big Driver for Precious metals this Week”, Wall Street Betting Against Silver Price

The Big Driver for Precious metals this Week”, Wall Street Betting Against Silver Price

THE U.S. DOLLAR gold price drifted back below $1390 an ounce Monday morning in London, but remained well within its trading range of the last few weeks, as European stock markets edged higher, with analysts citing Wednesday’s Federal Open Market Committee decision on US monetary policy as “the big driver” for this week. “On the whole, the […]

Tug of War in Gold and Silver… Blame Bernanke for Recent Volatility

Tug of War in Gold and Silver… Blame Bernanke for Recent Volatility

GOLD PRICES hovered just below $1380 an ounce Wednesday morning in London, with silver trading around $21.80, after the metals failed to break through $1380 and $22 respectively. European stock markets ticked higher by lunchtime – with the exception of Germany’s DAX – regaining some of yesterday’s losses, which were followed by sell offs in […]

Gold Falls to 3-Week Low with Talk of Slowing QE

Gold Falls to 3-Week Low with Talk of Slowing QE

SPOT GOLD fell to three week lows below $1370 an ounce Tuesday, as stocks and commodities also fell amid ongoing speculation over when the US Federal Reserve might begin reducing the size of its quantitative easing program. “Gold remains bearish while trading below the $1424 current June high,” reckons Commerzbank senior technical analyst Axel Rudolph. […]

What is Precious Metals Leasing, and Why Is It Done…?

What is Precious Metals Leasing, and Why Is It Done…?

by Miguel Perez-Santalla BullionVault ………. LEASING is an integral part of the precious metals market, writes Miguel Perez-Santalla at BullionVault. Why is it necessary? For a diverse number of reasons, the first is the need for industry to borrow instead of buying outright the metal. This enables them to avoid owning the metal at a […]

Gold Trying to Build Base as Retail Demand Counters More ETF Selling

Gold Trying to Build Base as Retail Demand Counters More ETF Selling

The GOLD PRICE fell $10 per ounce after reaching almost $1400 for the 5th time this week in London trade Friday morning. Silver held tight around $22.50 per ounce, managing only one-third of gold’s 2.0% gain for the week. After yesterday’s 7% plunge Japan’s stock market bounced, but other Asian equities fell, as did European […]

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