Submit a Story!
Why the IMF and Fort Knox Won’t Put the Hurt on Gold
Why the IMF and Fort Knox Won’t Put the Hurt on Gold
In your article Why the Imf cannot put the hurt on gold you stated the IMF and US have more than 11,000 tons of gold. There has not been an audit on US government Ft Knox gold since 1954.It is highly unlikely there is any gold in fort Knox let alone over 5000 tons .Why would you quote ...
Gold - a six thousand year-old bubble
blogs.ft.com — Gold is unlike any other commodity. It is costly to extract from the earth and to refine... to a reasonable degree of purity. It is costly to store. It has no remaining uses as a producer good - equivalent or superior alternatives exist for all its ... (more) Gold - a six thousand year-old bubble
India buys half of IMF's gold for sale; who's next?
reuters.com — * IMF sells 200 tonnes of gold to Reserve Bank of India * Sale is part of... total of 403.3 tonnes to be sold by IMF * Gold price reverses earlier gains, flat near $1,058 * Relieves bearish risk of open-market bullion sale * Is China next? (Updates ... (more) India buys half of IMF's gold for sale; who's next?
Faber: Gold Permanently Over $1,000
ritholtz.com — Here’s a interesting take: marx Faber says that Gold has permamnently eclipsed the $1,000 level: “Gold won’t... fall below $1,000 an ounce again after rising 27 percent this year to a record as central banks print money to help fund budget ... (more) Faber: Gold Permanently Over $1,000
Comments
Blog Reactions

The Best Trader in the World Is Wildly Bullish on Gold
GoldSeek.com — ... lit a fire under gold and gold stocks yesterday, sending the yellow metal to nominal record highs. (To break the inflation-adjusted high, gold will have to crack $2,000 per ounce.) “Gold jumped to a record,” Bloomberg reports, “after India ’s central bank bought 200 metric tons of the metal from the International Monetary Fund, heightening speculation that there may be more official purchases.” The RBI’s actions call to mind a Taipan Daily missive written back in February, “ Why the IMF and Fort Knox Won’t Put the Hurt on Gold. ” You can reference the data table in that ...

The U.S. and the IMF hold roughly 11,351 metric tons of gold.
Alpha Global Investors — Great article if these 10 central banks decide to raise their Gold reserve allocation to 10% Read the full article HERE ...

Related Content
Is there any gold inside Fort Knox, the world's most secure vault?
hf-implode.com 3/29/2009 — It has been several decades since the gold in Fort Knox was independently audited or properly accounted for,” said Ron Paul, the Texas Congressman and former Republican presidential candidate, in an e-mail interview with The Times. “The American people deserve to know the truth.” Mr Paul has ...
Is there any gold inside Fort Knox, the world's most secure vault?
timesonline.co.uk 3/29/2009 — The army guards Fort Knox, where gold and important documents are kept
GDXJ - Welcome to the Party!
news.goldseek.com 24 days ago — The Junior Gold Miner ETF (ticker: GDXJ) from Van Eck Global is now in business. Though I have a problem with putting larger silver miners in this ETF as the heaviest-weighted holdings (get info from the Van Eck website here), I will be participating. This is a good vehicle for those looking to ...
So What's Behind Moves In Gold?
globaleconomicanalysis.blogspot.com 9/2/2009 — In response to How Will China Handle The Yuan? I received many emails regarding a single statement I made: " Prechter, who does not view gold as money, thinks gold will collapse. Thus, not all deflationists think alike. " The first half of that ...
Eric Hommelberg: Hold That Gold!
news.goldseek.com 10/22/2009 — Since the bull gold market began in 2001, Gold Drivers Report publisher and Bullion Store proprietor Eric Hommelberg argues that gold has significantly outperformed the Dow in terms of valuations, and as he sees it, the bull run will last at least ...
Gold Rally Spurs a Boom in Funds
online.wsj.com 9/15/2009 — Investors worried about inflation and the headwinds facing the global economy have been stuffing cash into gold exchange-traded funds. SPDR Gold Shares (trading symbol: GLD), an ETF that holds more gold than many nations have in their reserves, has ...
Gold Exposure... Gold or Gold Miners?
econompicdata.blogspot.com 9/3/2009 — Gold has been on a tear, up $70 the past two months alone. Which has brought the opportunity in gold miners to the front section of the paper. WSJ reports: Gold companies' shares soared Wednesday amid a sharp rally in gold prices, and one analyst ...
Gold up, Stocks up, Obama down
tuckerreport.com 27 days ago — I’ll received more than a few emails asking if I’ve turned my blog into a monthly report. Well, I’ve been in New York since my last post. I was going to bring the laptop, but decided I needed a complete rest from the markets. We have a mid-town timeshare just south of Columbus ...
Gold $5000+ (video)
youtube.com 20 days ago — Gold coins and Bars, Peter Schiff 5000 Gold, Jim Rogers 2000 Gold, Max Keiser China Gold Bullionwww.GoldFreak.com
Gold Is Still a Lousy Investment
online.wsj.com 10/5/2009 — DAVE KANSAS Gold, like other commodities, is a notoriously volatile and fickle investment. It has enjoyed periods of very high interest from investors, followed by long bouts of absolute indifference. Today, it is having one of the former, shining ...
India's gold purchase: Adornment and investmentThe Economist: Full print edition 30 days ago
India is eager for the IMF’s bullion IF YOU count bangles, necklaces, anklets and other pieces of jewellery, India is the largest repository of gold in the world, according to the World Gold Council. Many Indians see gold as an investment as ...
Using Technical Analysis In The Gold MarketsInvestopedia.com Headlines 11/3/2009
The quest for this shiny commodity has made millionaires of paupers and, on the flip side, ruined many an investor.