Gold Bottom Is In! India Now In A Gold Buying FRENZY!

[Serpo]

South Africa's NUM seeks 15-60 percent wage rises from gold, coal producers

http://www.reuters.com/article/2013/05/19/us-safrica-union-demands-idUSBRE94I04O20130519

[mamboni]

No Bear Market In Gold — Paul Craig Roberts
May 20, 2013


You know that gold bear market that the financial press keeps touting? The one George Soros keeps proclaiming? Well, it is not there. The gold bear market is disinformation that is helping elites acquire the gold.


Certainly, Soros himself doesn’t believe it, as the 13-F release issued by the Securities and Exchange Commission on May 15 proves. George Soros has significantly increased his gold holding by purchasing $25.2 million of call options on the GDXJ Junior Gold Miners Index.


http://bullmarketthinking.com/soros-reports-over-239mm-in-gold-positions-buys-25mm-in-call-options-on-juniors/


In addition the Soros Fund maintains a $32 million stake in individual mines; added 1.1 million shares of GDX (a gold miners ETF) to its holdings which now stand at 2,666,000 shares valued at $70,400,000; has 1,100,000 shares in GDXJ valued at $11,506,000; and 530,000 shares in the GLD gold fund valued at $69,467,000. [values as of May 17]


The 13-F release shows the Soros Fund with $239,200,000 in gold investments. If this is bearish sentiment, what would it take to be bullish?


The misinformation that Soros had sold his gold holdings came from misinterpreting the reason Soros’ holdings in the GLD gold trust declined. Soros did not sell the shares; he redeemed the paper claims for physical gold. Watching the gold ETFs, such as GLD, being looted by banksters, Soros cashed in some of his own paper gold for the real stuff.


More…

[mamboni]

This is why I don't watch Bloomberg and any other MSM propaganda outlets. The interviewers are always these young chippies who pose every question with an obvious pro-dollar anti-gold bias supplemented by a disrespectful giggle and titter at every answer that doesn't conform to their predetermined script. The twit asserts that gold is unstable because the dollar price is volatile? This stupid bitch can't see the obvious circular argument here? Too bad Paul didn't point out that gold in yen has been anything but "unstable" raging higher and higher despite all the paper suppression by the FED:

[gunDriller]

This is why I don't watch Bloomberg and any other MSM propaganda outlets. The interviewers are always these young chippies who pose every question with an obvious pro-dollar anti-gold bias supplemented by a disrespectful giggle and titter at every answer that doesn't conform to their predetermined script.

and the scary thing is - they're the ones who score high on tests.

though i think appearance and "diction" must play a role.


i lasted 10 seconds on that video.

the dumb interviewer can go plant all her retirement savings in Google stock.

[mamboni]

and the scary thing is - they're the ones who score high on tests.

though i think appearance and "diction" must play a role.


i lasted 10 seconds on that video.

the dumb interviewer can go plant all her retirement savings in Google stock.

What is infuriating is the obvious hatred directed at gold. Every damn news piece is turned into a vehicle for trashing gold, every damn one. These are the same sanctimonious folk who claim to be objective and factual. The entire 12 year bull run in gold is conveniently ignored: "let's talk about the last few months. Oh my, gold is looking really bad. How about that mighty dollar rah rah rah." The entire MSM news edifice is a government-run propaganda apparatus to promote the dollar and paper investment and trash the one asset that is a major thorn in the side of our lying cheating stealing government: GOLD!

[mamboni]

Interesting anecdotal report out of TFMetals today:

The metals dealer in the NC city from whom I purchase my stuff has a few rolls of 2013 Eagles, but the price is $31. Only a few rolls remaining as of yesterday. He has no other gold or silver non-numismatic stuff left. But the surprising thing he told me is that he gets calls frequently from J.P. Morgan asking if he has gold or silver available for sale. I expressed amazement that the monster bank would be calling a small, local shop. He then showed me the caller ID that morning from JP Morgan. Convinces me - the bottom is in. JP is desperate to cover.

[gunDriller]

What is infuriating is the obvious hatred directed at gold.

but it's a very selective hatred.

i don't think that female propagandist went home and threw away all her gold jewelry.

i'd even bet that her boyfriend gets more sex for giving her gold than he does for giving her silver.


hook her legs up to a Spread-o-Meter and see what metals make her legs twitch.

Platinum. Spread-em !

Gold. Spread-em !

Silver. peck on the cheek.

Palladium - would make her frown. "It's used in Solar Panels ? It sounds like a roller-skating rink." if i were him, i'd stay away from Palladium.


would she rather eat dinner on Genuine Gold-trimmed china - or paper plates ?

[mamboni]

Mike Maloney with the latest on the gold and silver supercycles:

[Serpo]

Interesting anecdotal report out of TFMetals today:

The metals dealer in the NC city from whom I purchase my stuff has a few rolls of 2013 Eagles, but the price is $31. Only a few rolls remaining as of yesterday. He has no other gold or silver non-numismatic stuff left. But the surprising thing he told me is that he gets calls frequently from J.P. Morgan asking if he has gold or silver available for sale. I expressed amazement that the monster bank would be calling a small, local shop. He then showed me the caller ID that morning from JP Morgan. Convinces me - the bottom is in. JP is desperate to cover.

i have a bullion dealer in Brisbane who told me 2 or 3 years ago that this would happen.....

[Serpo]

but it's a very selective hatred.

i don't think that female propagandist went home and threw away all her gold jewelry.

i'd even bet that her boyfriend gets more sex for giving her gold than he does for giving her silver.


hook her legs up to a Spread-o-Meter and see what metals make her legs twitch.

Platinum. Spread-em !

Gold. Spread-em !

Silver. peck on the cheek.

Palladium - would make her frown. "It's used in Solar Panels ? It sounds like a roller-skating rink." if i were him, i'd stay away from Palladium.


would she rather eat dinner on Genuine Gold-trimmed china - or paper plates ?

http://www.lycra-zentai.com/images/S...gs-22130-1.jpg



In two years time the tables will be turned and it s silver all the way....................