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Precious Metals

When Hedge Funds Go Short, Gold Goes Up

by John Rubino on May 20, 2013 · 20 comments

Bloomberg is reporting on the rising number of hedge funds shorting gold: Gold Bear Bets Reach Record as Soros Cuts Holdings Hedge-fund managers are making the biggest ever bet against gold as billionaire George Soros sold holdings last quarter and Goldman Sachs Group Inc. predicted more declines after the longest slump in four years. The [...]

Golden Bullseye

by John Rubino on May 16, 2013 · 34 comments

One of the lessons that gold bugs are learning, in the most painful way possible, is that you can’t trade a manipulated market. When big players with regulatory immunity can move an asset’s price — and can see resistance/support levels and moving averages just as clearly as anyone else — smaller traders don’t stand a [...]

One More Drop, Then Silver Back Above $25

by John Rubino on May 8, 2013 · 18 comments

In this week’s Q & A, National Numismatics’ Tom Cloud updates his near-term precious metals price targets and explains why silver will rise faster than gold once the bottom is in. DollarCollapse: Hi Tom. Last time we talked you said that your charts put the worst case scenario for a gold correction at $1,380. Within [...]

Last weekend the disturbingly-brilliant Catherine Austin Fitts, publisher of the Solari Report, passed through town, giving us a chance to finally meet face-to-face. In the following excerpt from a much wider-ranging talk she explains the deeper, more sinister reasons for the recent action in precious metals. DollarCollapse: It’s great to finally meet you, Catherine. The timing [...]

For Gold, Friday’s COT Report Is Huge

by John Rubino on April 18, 2013 · 28 comments

The dominant explanation (in the sound money community at least) for the precious metals crash is, well, sabotage. The metals exchanges were running out of physical product and faced imminent default, so the major governments via their money center bank proxies sold tens of billions of dollars of gold and silver futures contracts, forcing prices [...]

In this week’s talk with National Numismatics’ Tom Cloud, he explains why the reported price of gold is not the real price. DollarCollapse: Hi Tom. It’s been a brutal couple of weeks in precious metals. Last time we talked you said that gold could fall to $1,540. Your prediction is close to coming true today, [...]

If This Isn’t The Gold Bottom, It’s Close

by John Rubino on March 12, 2013 · 8 comments

In this week’s talk with National Numismatics’ Tom Cloud, he covers the tightness in the silver market and why the coming debt ceiling increase is good for gold. DollarCollapse: Hi Tom, the tone of the precious metals markets seems to have shifted from utter despair to cautious optimism. Is this the bottom? Tom Cloud: I’m [...]

“Just Be Your Own Central Bank”

by John Rubino on February 21, 2013 · 8 comments

The past year has tested the worldview, and sometimes the sanity, of precious metals investors. But it has also given us another chance to load up at what might turn out to be dirt-cheap prices, says Carsten Ringler, managing director of German financial firm TASS Wertpapierhandelsbank GmbH. Here’s an excerpt from a long conversation we [...]

In this week’s talk with National Numismatics’ Tom Cloud, we cover the debt ceiling negotiations, futures contract expirations and the activities of his biggest customers (they’re buying silver). DollarCollapse: Hi Tom. It’s been an intense couple of weeks… Tom Cloud: Yes, and it could get more intense. Short futures positions in silver are expiring and [...]

In this week’s talk with National Numismatics’ Tom Cloud, he explains why Germany’s gold repatriation is just the beginning, the US Mint’s silver shortage will continue, and the big money is right about precious metals. DollarCollapse: Hi Tom. It’s been an eventful few weeks in precious metals, though you wouldn’t know from the price action [...]


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