InvestorMind

From Silver Doctors . CNBC’s Guy Adami: This is a huge story in my opinion that is not a huge story now, but will be a huge story. Why is that? Because you have to ask yourself, why would Germany decide to do this? What do they see that the rest of us don’t see that requires them to physically move this gold out of lower Manhattan and obviously in Paris, as well, back to their borders? I think that’s really the question you have to ask, and the answer is, it can’t be anything good.

We're INSIDE a Gold Bullion Vault. The Bank of England protects about £197 billion ($315bn) worth of gold, according to the mostly recently published figures. Film by Brady Haran. Featuring Professor Martyn Poliakoff.

In an unprecedented and controversial move, the Federal Reserve today announced the initiation of an open-ended round of Quantitative Easing (QE3) and extended the period for which it will keep rates between 0 and 1/4% to mid-2015. Here is the paragraph from the FOMC statement that sums it up: "....The Committee agreed today to increase policy accommodation by purchasing additional agency mortgage-backed securities at a pace of $40 billion per month. The Committee also will continue through the end of the year its program to extend the average maturity of its holdings of securities as announced in June, and it is maintaining its existing policy of reinvesting principal payments from its holdings of agency debt and agency mortgage-backed securities in agency mortgage-backed securities. These actions...should put downward pressure on longer-term interest rates, support mortgage markets, and help to make broader financial conditions more accommodative." Translating from Fed-...

Border Gold's Michael Levy sits down with Doug Casey.

Mike Maloney asks Ben Bernanke some important questions about gold and its role as money, along with his thoughts on our fraudulent monetary system.

With tremendous volatility in global markets, today King World News interviewed James Turk out of Europe. Turk told KWN that we are headed into an extraordinarily dangerous time for both the markets and the financial system, that will end in a massive panic. Here is what Turk had to say about what is taking place: “Today was a very important day, Eric, because gold was strong while the stock markets were weak. This is a trend I expect to continue, and one that will baffle many financial analysts, going forward, that don’t understand this type of cycle.” James Turk continues: “I was hoping to see more strength in the precious metals at the end of last week, Eric, given the pummeling gold and silver were given. But I guess that was too much to ask for with July option expiry this week. Having driven the price of gold and silver down to this low level, I assume the paper-shorts will try to keep prices as low as possible, in order to maximize their profit by having calls they sol...

At the latest Casey Research Conference, "Recovery Reality Check" in Weston, Florida.James Rickards, senior managing director of Tanget Capital Partners and author of "Currency Wars: The Making of the Next Global Crisis," talks about inflation and the gold standard in the 20th century.

This is so freaking epic. The I guess the person who stitched this video nailed it on how cash for gold works.

Today John Embry told King World News, “This situation is unprecedented. The world has never, ever been in a condition like this.” Embry, who is Chief Investment Strategist of the $10 billion strong Sprott Asset Management, also told KWN, “anyone that is complacent will be shocked at the chaos that is heading our way.” Here is what Embry had to say about the situation: “I think we’re in an extraordinary place. It’s becoming obvious that Europe is imploding, and the powers that be really don’t have any solutions. I’m very worried about China. Lawrence Summers recently said China may have a year in which it only grows 7% in the next decade.” John Embry continues: “I would view that as a positive if they only had one year where they grow 7% because I really think China is going to regress as well. We’ve talked about the situation in the US. I don’t believe the US economy is going anywhere, despite the enormous fiscal and monetary stimulus. As a result, the markets are start...

Mark Dice tries to sell a 1 ounce solid gold coin for $25 outside of a coin shop in San Diego, CA. HINT- It's worth WAY more than $25, but does anyone want it? Kind of makes you wonder if the bull market in gold is over doesn't it? Even with all the hype about gold, the average American still doesn't really care for it.

NEW YORK (Commodity Online): The International Monetary Fund (IMF) is planning to purchase more than $2 billion worth of gold on account of rising global risks. The IMF currently holds around 2800 tonnes of gold at various depositories. “The Fund is facing increased credit risk in light of a surge in program lending in the context of the global crisis. While the Fund has a multi-layered framework for managing credit risks, including the strength of its lending policies and its preferred creditor status, there is a need to increase the Fund’s reserves in order to help mitigate the elevated credit risks”, Bloomberg quotes a report by an IMF staff while also adding that a $2.3 billion gold purchase is in the planning. IMF's borrowers include Eurozone countries like Greece and Portugal. Greece is IMF's biggest borrower and the nation is currently caught in a political deadlock that seems bent on denying itself the much needed bailout fund. Countries like Spain is also officia...

Chris Duane of TheGreatestTruthNeverTold.com put together a little video that puts Munger’s negative comments on gold into perspective.

“Sooner or later,” said Eric Sprott last week in Toronto, to a room full of investors, “the physical markets will defeat the paper markets.” Mr. Sprott, who founded and runs Canada’s Sprott Asset Management Co., was on a roll. His argument was, basically, that the stock markets of the world are gamed by the traders and eventually it’ll all fall apart. One major piece of evidence for the gaming is that most of the daily volume anymore seems to be computerized trading. People (and computers) trade for the sake of trading. There’s neither rhyme nor reason based on fundamentals, let alone the nature of the company whose shares are under the gun. Mr. Sprott is also concerned at mushrooming growth of derivatives. This part of modern finance is based purely on financial vaporware. There’s no relation to creating underlying wealth. For example, one company might have a trading program with a slightly positive bias, and so buys and sells accordingly. Another has a trading program with a s...

Warren Buffett's right-hand man doesn't like gold any more than his boss does, Charles Munger told CNBC Friday on the eve of Berkshire Hathway's annual meeting. "Gold is a great thing to sew into your garments if you’re a Jewish family in Vienna in 1939," the Berkshire vice chairman said, "but I think civilized people don’t buy gold, they invest in productive businesses." Munger, 88, said he loves Berkshire Hathaway's [BRK.A 121950.00 150.00 (+0.12%) ] portfolio of such businesses, which includes, among many others, the Burlington Northern railroad, specialty chemicals firm Lubrizol and Geico insurance. "We just have a wonderful portfolio in business, if you average them out," Munger said. "By and large they're doing productive, useful work. It’s not outsmarting the computer systems in the trading markets." For the most part, he agrees with Buffett's "simple" investment strategy, which he said is ...

James Rickards is a hedge fund manager in New York City and the author of Currency Wars: The Making of the Next Global Crisis from Portfolio/Penguin. Follow him on Twitter: @JamesGRickards While America claims to be a class-free society, the opposite often seems to be the case. Americans are obsessed with social status in all its forms whether based on celebrity, artistic or athletic accomplishment, or just plain money. Although royalty is not legal in America, our economic royalty including Bill Gates and Warren Buffett are as highly regarded as any English duke or earl. When it comes to status, we don't look just at the size of one's bank account, we make distinctions based on the nexus of money and social standing. This leads to contrasts such as "old money" and "new money" with the former connoting generations of life on country estates and Ivy League credentials while the latter is something flashier. The Astor family have been wealthy for over 200 ...

Over the past four weeks, the prices of gold and silver have experienced a major decline once each week. Last week, the suppression occurred on Friday, April 13 during the last 15 minutes of COMEX trading, between 1:15 and 1:30. How is it possible to identify this event as a manipulation rather than just the actions of a free market? Unfortunately, that is becoming quite easy to detect. Significant price moves resulting from market developments rarely occur in a vacuum. If investors were worried about falling demand for commodities, you would see price declines in a number of industrial metals as well as precious metals. If investors perceive a greater likelihood of another round of quantitative easing, the value of the dollar would tend to drop as US stock markets rise with gold and silver prices. Last Friday, there was no particular news that should have led to a major impact on gold and silver prices. There were no sympathetic moves in other markets in conjunction with the...

Whenever gold is in a longer term sideways pattern as it is now for nearly seven month, a lot of smaller investors loose their patience and doubt their investment. Therefore we enjoy offering to you today a very powerful talk with Egon von Greyerz, founder and managing partner of Matterhorn Asset Management and GoldSwitzerland. Egon strongly reminds us the real important things, investors shall always focus on… Egon von Greyerz talks to us about unlimited money printing done by the central banks, why governments and political leaders are in an officially denial and what a deflationary implosion would really mean. Von Greyerz, born in Sweden and living in Zurich, Switzerland, has his view from in- and outside his own country. He therefore is a real professional source to discuss the current situation in Switzerland and if it is still save to store one’s physical gold in this country. Original source

Welcome to Capital Account. Hedge funds and investors have reportedly been puzzled by weird movements in credit markets. According to the Wall Street Journal, markets have been rattled by one trader with deep pockets being called the "London Whale" who it's believed works for JP Morgan. It just goes to show how individuals and firms can move markets. Today, we'll talk about manipulation in the gold and silver markets with Mike Maloney, of GoldSilver.com. He believes that manipulation is going on (contrary to the words of Blythe Masters, who spoke with CNBC yesterday, affirming that JP Morgan is simply "hedging" it's silver positions with large open shorts), but that rather than being a bad thing for individual investors, simply presents an opportunity for buying more metal and cheaper prices. This is something that the state of South Carolina failed to grasp in a recent report it conducted, in which it found that the price of gold and silver is manipulat...

Gold as world currency reserve may seem, at this point, to be a bit far fetched but in fact it is closer than you think. Over the past few decades the US dollar has somehow been positioned as the world reserve currency despite the fact that no one in the world voted on it being so. And if they had, would they have favoured the US dollar over any other currency. Right now no currency looks at all stable enough to be considered a world reserve currency least of all the US dollar. This is beginning to be recognized by other countries now attempting to seek other methods of trade. The US government does not take too kindly having a replacement. Take Iraq for example. Back in 2000 Saddam Hussein stated he wanted to trade Iraq’s oil for Euros* and bypass the USD as a medium of exchange and we all know what happened a few short years later. History is repeating itself now with Iran. Having been locked out of using the reserve currency by the denial of the Swift banking system**, Iran is...

Every year India spends $12 billion on purchasing oil from Iran, but now it is using gold instead of dollars. India might not be alone; China has suggested it would jump on board with India. New Delhi and Beijing account for 40 percent of the Iranian oil exports. Priya Sridhar gives us her report.