Friday , 17 January 2020


Gold

Bullion Bank Activities: How They Work

Bullion banking is a commonly used term, but what does it refer to and who are these bullion banks? This infographic guides you through the shadowy world of bullion banking centred in the City of London, and looks at the paper gold creation process, how the banks use unallocated gold accounts to allow the trading of gigantic amounts of fictitious gold, and how the system is being perpetuated, even by the new entrants into the market who claim to offer a competitive alternative.

Read More »

James Turk: Why Gold is Preferred to National Currencies (+2K Views)

Some say that the gold price rises and falls, but they are grabbing the wrong end of the stick. It is the purchasing power of national currencies that rise and fall. Here is an analogy to make this point clear. When standing in a boat and looking at the shore, it is the boat (currencies) – and not the land (gold) – that is bobbing up and down. [Let me explain the value of gold further.] Words: 631

Read More »

Alf Field’s Elliott Wave Theory Based Analysis of the Future Price of Gold (+5K Views)

The Elliott Wave Theory (EW) gives superb results in predicting the gold price. [While] it is a complicated system with many difficult rules [which] I explain in simple terms in this article, [I have determined that] once this present correction in gold has been completed it should [undergo] the largest and strongest wave in the entire gold bull market. The target for this wave should be around $4,500 with only two 13% corrections on the way. [Let me explain how I came to that conclusion.] Words: 1924

Read More »