“Virtually from the day that Germany demanded to have its gold delivered back to the Bundesbank, three very clear phenomena have occurred: 1. The gold price, which had been trending sideways, has plummeted. 2. The physical gold held at the COMEX has been pouring out of the warehouses. 3. The amount of physical gold held by the ETFs has stopped rising and started falling. Fast. Coincidence? I very much doubt it.”
http://www.hardassetsalliance.com/investing-news/editorial/the-downturn-in-the-spot-gold-price
Related posts:
DHS: Georgia voter registration breach attempt was legitimate work, not a hack
Jim Rogers on Financial Globalization and Mining Opportunities
U.S. Admits No Imminent Threat from Syria, No Clear Evidence
Unprecedented: Bank Of New York Freezes $23 Billion In Kazakh Assets
Tell President Obama to Support Warrants for Email Spying
2015 News Stories You Should Have Heard About, But Probably Didn’t
Three States Dump Major Private Prison Company In One Month
Welfare office head, with gambling habit, embezzles nearly $300k
Holder: Limit journalistic privilege in Jeffrey Sterling’s espionage trial
'Economist': Europe's Politicians Need to Tame the 'Net Reformation
Why it’s time to double down on Greek stocks
Net Migration Between California and Other States
In phishing attack, Microsoft’s unmentionables aired by hacktivists
Tanzania: Our Case For Investment
Customs And Border Patrol Considered Weaponizing Drones