Saturday, December 6, 2014

Belgium Investigating To Repatriate All Gold Reserves?

Thanks to Koos Jansen for the heads up on this one.

From BullionStar

December 5, 2104. VTM-nieuws reports the Belgium central bank has confirmed it’s investigating to repatriate all its gold reserves.

The Chinese Beverly Hills - Where Chinese Millionaires House their Kids, and Mistresses

From Vocativ

Published on Dec 5, 2014

The town of Arcadia California has gained the nickname "the Chinese Beverly Hills". Peggy Fong Chen, who makes a living selling high priced real estate in Arcadia, says that almost all of her buyers are from mainland China. She also pointed out that almost all of her clients pay for their multi million dollar homes in cash. Many Chinese billionaires buy these homes along with exotic cars for their children who are often sent to American colleges. Others use these mansions are for housing their mistresses. Whatever their reasons may be the Chinese elite are buying up American real estate to the tune of $22 billion last year alone.


Friday, December 5, 2014

Chinese business leaders flock to Australia

Wednesday, 3 Dec 2014
Some of China's most illustrious business leaders arrived in Australia this past week on the hunt for investments. CNBC's Matthew Taylor reports.
 

Weekend Chillout - Besame Mucho

With the ECB and Super Mario Draghi saying that the bank will buy mucho anything (but not gold) I thought we would go The Full Mucho with this weekend's chillout.

Actually so Mucho that I am going to attend the launch of Frances Madden band's first studio album this Saturday night at an underground jazz club in Sydney. If you would also like to come along the details are here


Draghi - "We will buy all assets but Gold"

Always the Western Central Banker, when discussing QE Draghi says - "We discussed (buying) all assets but Gold"

Dec. 5 (Bloomberg) -- European Central Bank President Mario Draghi spoke at a news conference in Frankfurt on Dec. 4 about interest rates, the euro-area economy and details of the ECB's purchase of covered bonds and asset-backed securities. (Excerpts. Video courtesy of European Central Bank. Source: Bloomberg).

Keiser Report: Dutch Gold Repatriation

From RT

Published on Dec 4, 2014

In this episode of the Keiser Report, Max Keiser and Stacy Herbert are joined by Liam Halligan of Business New Europe (www.bne.eu) to discuss Martin Wolf’s analytical article in the Financial Times about the “radical measures” needed to combat our “unusual economic ills.” They also discuss Max’s response, published as the lead “Letters” item in the FT. In the second half, Max interviews Chris Powell of GATA about the failed Swiss Gold Initiative, the successful Dutch repatriation of 122 tons of gold and about the negative GOFO rates in the gold market.


Thursday, December 4, 2014

Martin Armstrong on Gold, Silver, Oil and Bonds

From Talk Digital Network

Published on Dec 2, 2014

Guest's website: http://armstrongeconomics.com/
Produced by http://www.HoweStreet.com


The Year 2021: $10,000 Gold & $700 Silver - An Empirical Model

From SGTreport.com

Published on Sep 7, 2014

Deviant Investor 's Gary Christenson joins me to discuss his new book 'Gold Value and Gold Prices From 1971 - 2021'. Gary's empirical model projects a Gold price of $10,000 by the year 2021 and a Silver price any where from $500 - $1,000. Gary notes that these numbers are based on simple mathematical projections using current levels of government spending which will undoubtedly continue unabated. Gary's conservative empirical model does NOT even factor in the possibility of US debt default, Weimar-style hyperinflation of the Dollar or other dramatic economic catastrophes.

Gary's website:
http://deviantinvestor.com/