India Gold Import Restrictions resulted in More Imports not Less

For the last few months, the RBI and the government have been consistently putting up barriers to slow the flood of gold imports into the country. However, Bloomberg TV India learns that the gold clampdown is pretty ineffective, as the rules allow for gold to be round-tripped and brought back in even greater volumes. This has also resulted in some dramatic consequences in India's neighbouring countries, with quite a few acting to curb the gold movement within their jurisdictions as well.

The Secret World of Gold (Full Documentary)

The Secret World of Gold



The Secret World of Gold is a documentary exploring the power and politics of gold, a precious metal with more allure and fascination than any other.  Valued for its permanence, beauty and scarcity, people will lie, cheat, steal and kill in the name of gold.
To finance the Third Reich, the Nazis went after the gold of Europe. Allied countries stored their gold offshore to keep it safe. In the first months of the Second World War, the gold of England and France was secretly shipped to vaults in Montreal, Ottawa and New York.
Those ships made it safely to port, but throughout history, many were not so lucky. It is estimated that worldwide, 3 million shipwrecks loaded with treasure lie at the bottom of the ocean. Odyssey Marine, an American company listed on the NASDAQ stock exchange, spends huge amounts of money to search for that gold. But there’s always the risk they will have to hand it over to countries claiming ownership.

Gold Crash Comparison: 1978 vs 2013 - Will The Outcome Be The Same?

An excerpt from a news article in 1978 calling the end of the gold market after a 50% correction. Shortly after, gold rallied from $100 to $800Excerpt from article:
"Two years ago gold bugs ran wild as the price of gold rose nearly six times. But since cresting two years ago it has steadily declined, almost by half, putting the gold bugs in flight. The most recent advisory from a leading Wall Street firm suggests that the price will continue to drift downward, and may ultimately settle 40% below current levels.

The rout says a lot about consumer confidence in the worldwide recovery. The sharply reduced rates of inflation combined with resurgence of other, more economically productive investments, such as stocks, real estate, and bank savings have combined to eliminate gold's allure.

Although the American economy has reduced its rapid rate of recovery, it is still on a firm expansionary course. The fear that dominated two years ago has largely vanished, replaced by a recovery that has turned the gold speculators' dreams into a nightmare."

Is the Gold Rush Over?

Comparing Today's Gold Market to the 1970's: Is the Gold Rush Over? : - Lots of people are comparing today's gold market to the 1970's. Gold shot up to nearly $200 per ounce and crashed 9 months later to near $100 an ounce. Of course, gold had an historic rise to $850 per ounce after that wicked pull-back. Some, such as economist Nouriel Roubini, say "the gold rush is over," and the seventies are not going to repeat. The debt of today is greater by orders of magnitude from the 1970's, and there is no end in sight. That means gold has only one way to go (in the long term) and that's up.

One Ton of Gold Seized in the border between Italy and Switzerland

One Ton of Gold Seized in Small Car

April 4 (Bloomberg) -- Betty Liu reports on Italian police finding one ton of gold in a car. She speaks on Bloomberg Television's "In The Loop. (Source: Bloomberg)

What Really Happened to The Gold Market ~ Robert Ian on Goldseek Radio

Gold took a serious hit today, with prices falling well below the key, psychological level of $1500, a drop that many are calling a "game changer", at least from a technical perspective. Throughout the day, the currently volatile market took prices back above $1500 for a brief period, before dropping again. This is a golden opportunity to buy gold and silver for those who missed the train before , What does it say in the Bible-they will throw their gold into the streets! These market manipulators are crazy! If Silver drops any lower there will be no silver or even gold left to buy. People could just buy for the sake of it especially If something like "Precious" metals is that cheap. I can see the Chinese and Indians are going to go on a massive shopping spree

Who Killed The Gold ? ~ Draghi Behind The Gold Sell-Off ?

ECB & Draghi's Cyprus Comments to Blame for Gold Sell-Off

Who's to blame for Friday's huge gold sell-off? Well, the European Central Bank President Mario Draghi of course! According to Vince Lanci, Draghi directed comments at Cyprus during a press conference earlier today, and his message was quite clear: sell your gold, or you won't see any of that bailout/ rescue money. We navigate through today's chaotic price movements and take a look at where gold may possibly go from here, all on this edition of "RESET" w/ Vince Lanci (FMX Connect/ Cameron Hanover). Kitco News, April 12, 2013.

BREAKING NEWS: Gold Plunges Below $1500 Psychological Level

Gold Plunges: Is Now a Buying Opportunity?

April 12 (Bloomberg) -- Optionship Chief Market Strategist, Alan Knuckman and Jeff Sica, President of Sica Wealth Management, discuss the decline in gold prices and subsequent outlook. They speak on Bloomberg Television's "Lunch Money." (Source: Bloomberg)

Gold took a serious hit today, with prices falling well below the key, psychological level of $1500, a drop that many are calling a "game changer", at least from a technical perspective. Throughout the day, the currently volatile market took prices back above $1500 for a brief period, before dropping again. Daniela Cambone caught up with Bill Baruch, Senior Market Strategist at iiTrader, to discuss today's price movements and the generally volatile state of the gold market. Kitco News, April 12, 2013. Here's a breakdown of our coverage of gold's wild ride throughout the day: BREAKING: Comex Gold Futures Fall Below $1,500/Oz On Heavy Stop-Loss Selling, Long Liquidation ▸

The Great Gold vs Bitcoin Debate: Casey vs Matonis

Doug Casey of Casey Research (www.caseyresearch.com/) debates e-money researcher (themonetaryfuture.blogspot.co.uk/) and "crypto economist" Jon Matonis on the virtues -- or otherwise -- of Bitcoin, and how it compares to gold as a form of money.

Casey, a Bitcoin sceptic, notes that Bitcoin satisfies Aristotle's definition of what constitutes "good" money in all but one important aspect: that it doesn't have value in any kind of non-monetary sense, unrelated to its use as a medium of exchange. This is in contrast to precious metals, which have unique chemical properties and uses in an industrial context.

Matonis argues that this is unimportant set against Bitcoin's strengths: notably the ease of transacting in them and its decentralised nature, meaning that there is no central point of attack for its enemies (whoever they may be). He also points out that -- unlike gold -- physical confiscation of Bitcoin, a la FDR in 1933, is for obvious reasons impossible.

This podcast was recorded on 11 April 2013.

China is stock piling GOLD

Tetsuya Yoshii, VP for derivative products at Mizuho Corporate Bank is bullish on gold given China's demand for the precious metal as it diversifies out of U.S. paper and dollar-based assets. He makes his case to Linda Yueh of Oxford University & CNBC's Martin Soong.

Rob McEwen : Gold Will Reach $5,000 Per Ounce

Gold Chairman Rob McEwen discusses why the precious metal is poised to take off during the next few years.