Gold in Flight!

October 11, 2013

Extra! Extra! Read All About It! The Hong Kong gold import and export numbers for August are in and it’s clear that the unprecedented level of exports to Mainland China continues unabated.  On a net basis, Hong Kong shipped a generous 110.5 tonnes of gold to the Mainland for the month. Similarly, it shipped 116 […]

Read the full article →

China to Rebuild Great Wall With Gold!

October 4, 2013

The U.S. Dollar Weakens I’m sure you’ve heard, the U.S. government is shutdown and has put more than 800,000 federal employees on unpaid leave, closed National Parks and museums, and limited operations in various departments of varying degrees of importance. Another significant consequence of the shutdown is the affect it is having on the U.S. […]

Read the full article →

Jukebox Gold, Music to My Ears

September 27, 2013

Intro “Here we go again”, with the “Same Ol’ Situation”, so “Follow the Yellow Brick Road” to a “Future so Bright, You Gotta Wear Shades.” I’m obviously inspired by music this week. In case you didn’t recognize all of the song references. “Here we go again” is actually reference to “Here I go again” a […]

Read the full article →

Ben Bernanke Is Just Stringing You Along

September 20, 2013

Intro Who knew? Dating advice and economics have a lot in common! The problem: “I mean, one minute a guy wants to taper, the next minute he doesn’t. I just don’t feel he’s committed, he just wants to keep his options open.” The advice: “You have to just trust your newsletter writers. They’ll tell you […]

Read the full article →

Indian Government May Cause Gold Pullback

September 13, 2013

Shock and Awe India’s gold imports in August were shocking! Although reports vary on the actual amount, with many news outlets reporting 2.5 tonnes while some are reporting 3, the difference obviously doesn’t matter. It’s negligible when you consider that India represents the largest chunk of global demand and imported an average 72 tonnes per […]

Read the full article →

Tis’ Gold Season, Get it Before it’s Gone!

September 6, 2013

Intro If you want to know why the price of gold fluctuates on a daily basis, just type or into your favorite web browser and you’ll find out. A recent Bloomberg news story titled, “Gold Climbs as Obama Moves Closer to Approval for Syrian Strike” claimed that gold gained on the day because […]

Read the full article →

The Ascendency of Real Gold Demand

August 30, 2013

Intro Last week, we followed the trail of a loud noise.  It was “A Giant Sucking Sound from the East” and we discovered one of its primary sources.  Record volumes of gold are flowing from UK vaults (much of it via Switzerland) and other sources to Hong Kong. According to official records, Hong Kong has […]

Read the full article →

A Giant Sucking Sound from the East

August 23, 2013

Intro Looking at the graphic below, without knowing what it is, does it cause you any concern? What if I told you that the arrows into Hong Kong represent a majority of the world’s flow of money? Does it cause you concern now? Honestly, it doesn’t overly concern us because we hold money.  But before […]

Read the full article →

Historic Transformation Underway in the Gold Market

August 16, 2013

Houston, We Have a Problem The well-known Hollywood movie Apollo 13 tells the story of the 3rd American Moon landing mission.  As many of you will remember, the mission was going smoothly until a routine “tank stir” (whatever that is) caused an explosion. The explosion immediately set off a barrage of warning lights, alarm sounds, […]

Read the full article →

Got Vault?

August 9, 2013

Intro We begin this week’s recap with 3 assumptions we think are reasonable. You construct a vault to safely store your valuables. Additionally, if you don’t have any valuables, or are not expecting to acquire any in the near future, you don’t build a vault. And finally, there is a strong correlation between the strength […]

Read the full article →