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Commentaries

Robert Lambourne: BIS gold swaps fall slightly in January but remain high

To put this into context, the current volume of gold swaps remains larger than the 504.8 tonnes of gold held by the European Central Bank and about 89 tonnes less than the reported gold reserves of the tenth largest national gold holding, the 612.4 tonnes of the Netherlands.

How Precious Metals Generate Positive Real Returns

One of the most bullish backdrops for precious metals is an environment of negative real interest rates – that is, when bonds and cash yield less than the inflation rate.

Central banks still can't afford to be too candid about gold price suppression

The scheme of the central banks doesn't work if people also start to realize that they can achieve and benefit from an alternative currency only if they avoid the futures markets, which central banks easily can control by virtue of their power to create infinite money and trade infinite amounts of things that don't exist.

DON’T-STOP GAME STOCKS: Bankrupt Companies As Trillion-Dollar Chips in the Wall Street Casino

The faint heartbeat of this week’s jobs report did not keep the stock market from trying to scramble back up to its record heights. The surging and plunging and scrambling for cash and closing of gates at Robinhood did not stop the rise either.

Controlling the Curve

If time is money, then interest rates are the price of time. The most important interest rates in the world are for US Treasury securities. This is why I’ve long said it makes no sense for a committee to set those rates. The markets could do just fine without that help, thank you. But the Federal Reserve’s Open Market Committee arbitrarily decides the overnight Federal Funds rate. And lately, it doesn’t stop there.

BIS executive's speech hints central banking will attack bitcoin soon

The speech shows that the central banker simply wants to stop any form of money that is not controlled or issued by central banks.

An American Bubble Bath

Too many bubbles! Danger Zone! Too little financial and economic sanity! Beware of over-valued markets. Buy gold. Buy silver. Wait for a return to sanity.

GATA makes the Financial Times after all -- tellingly edited

Maybe the story will prompt even a financial journalist or two to wonder why he never puts a critical question to a central bank, or never is allowed to. Fighting the most cosmic frauds and injustices can take a while and be wearying, but as the poet wrote a long time ago:

Asian Metals Market Update: Silver manipulation has been exposed to the masses

They will be using sharp dips to invest in silver. The long term downside is now limited.

How far we have come, and how much farther we have to go

Maybe this is a small indication of how far GATA has come and how far we still must go if the rigging of the monetary metals markets is ever to be overthrown for the reasons of justice, humanity, and economics we have tried to articulate for 20 years.

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