Tag Archives: gold

India’s Failing Gold Monetization Scheme: Seizure Imminent? by Paul-Martin Foss

Never underestimate the stupidity of governments. ‘India’s newest gold monetization scheme has been a colossal failure. After one month, it has netted only one kilogram (2.2 pounds avoirdupois) out of an estimated 20,000 tonnes (44 million pounds avdp) of privately-held gold. Why is … Continue reading

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From Zero Hedge: Writing’s On The Wall: Texas Pulls $1 Billion In Gold From NY Fed, Makes It “Non-Confiscatable”

‘The lack of faith in central bank trustworthiness is spreading. First Germany, then Holland, and Austria, and now – as we noted was possible previously – Texas has enacted a Bill to repatriate $1 billion of gold from The NY … Continue reading

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A Golden Opportunity for Switzerland by Thorsten Polleit

Polleit wrote a very good article about the possible implications of the passage of the Swiss gold referendum. ‘The Initiative The referendum on the Swiss Gold Initiative will take place on November 30.1 The Initiative demands the following: (1) The … Continue reading

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Viktor Sarianidi, the Fate of Bactrian Gold, and the Afghan Wars

“Viktor Sarianidi: Russian archaeologist struck gold in Turkmenistan” is an obituary of Viktor Sarianidi, an archaeologist who was famous for his spectacular discoveries in Bactria. Even more interesting is the fate of the gold horde due to the various wars … Continue reading

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Gold Versus Bitcoin

Until the past few weeks, I had paid little attention to bitcoin. When it debuted, I was curious, but I decided to ignore it while it was essentially a curiosity. Due to the recent events in Cyprus and the reckless … Continue reading

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James Grant and James Turk

A good discussion between James Grant and James Turk about gold, the history of the fed, and central banking.

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Gold sell-off: There is only one question that matters by Detlev Schlichter

Schlichter, with his usual perspicacity, opines on the recent bloodbath in the paper gold markets in “Gold sell-off: There is only one question that matters“. As the more astute commentators have noted and as the charts show, the correlation between … Continue reading

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