LBMA colludes with the COMEX – To lockdown the global gold market?

With extreme demand and supply shortages in the physical gold market, it was only a matter of time before the paper gold markets in London and New York would come under strain. That time is now. With the spot price of gold lagging the price of COMEX gold futures for […]

In gold market coverage, Reuters confuses key points on demand, supply and pricing

Unprecedented demand for physical precious metals in an environment of equally unprecedented supply chain delays, creating real and present disconnects between the price of physical and the prices of COMEX/LBMA – all great material for reporters covering whats going on in the physical gold market in Asia. In theory you […]

Banknotes and Coronavirus

  With the coronavirus pandemic sweeping the globe, many people are worried about infected banknotes. Over the last few weeks, central bankers have themselves taken a number of measures to mitigate virus transmission risks on banknotes. But what does science have to say about the presence of pathogens, such as […]

BullionStar Update – The Window to Purchase Precious Metals with Fiat Currency is Closing

More and more refineries, mints and fellow bullion dealers are suspending their operations indefinitely. At BullionStar, we are facing significant operational and stock inventory challenges. There’s an acute shortage for particularly Gold Coins, Silver Bars and Silver Coins. For Gold Bars, some of the private refineries are still open and […]

Will Gold be the Last Man Standing as Perfect Storm hits Markets?

From the plunge in European stock markets beginning Monday 24 February, instability and volatility in financial markets across the world has continued to reel for some three weeks now. In fact, the market carnage and turmoil has been progressively intensifying leaving no asset class immune. A generational perfect storm. Triggered […]

Gold Shortages – Price of Physical Gold Decouples from Paper Gold

Dear BullionStar Customers and Friends, This is an important update about our company and the current state of the precious metals industry. Order Records In the last month, from 14 February 2020 to 14 March 2020, we have seen a record number of orders, record order revenue and a record […]

Infographic: Central Bank Gold Buying and Gold Repatriation

With central banks ramping up gold buying and gold repatration, could this be the dawn of a renewed role for gold in a new international monetary system? Gold buying by the worlds’ central banks is now at a 50 year high, with sovereign gold buyers having added a net 650 […]

Gold confiscation – Could it happen again?

In the past, democratic governments have sometimes required citizens to give up their gold. Could this happen again? Powered by WPeMatico

Physical Gold Demand at Record Levels, Paper Gold Price Disconnect

The fraud of paper gold price discovery becomes obvious when strong physical gold demand says one thing but gold futures price direction says the other. Powered by WPeMatico

China’s gold market not immune to a wider downturn

As the Chinese economy continues to be disrupted by the outbreak of the novel coronavirus and parts of China’s economy come to a virtual standstill, it would be unrealistic to expect that the Chinese gold market, the world’s largest, will not be adversely impacted. From quarantined cities to lower consumer […]

Eight centuries of interest rates – JP Koning – BullionStar

Peter Schiff has called negative interest rates an absurdity, Kevin Muir thinks they are an abomination, and ex-Credit Suisse CEO Oswald Gruebel thinks they are crazy. But is today’s negative interest rate environment really so strange? To understand the present, it always helps to step back and get the bigger picture. […]

The shrinking window for anonymous exchange

To help reduce money laundering, Germany has reduced the amount of gold that can be purchased anonymously to €2000. Are limits such as this one justified? Powered by WPeMatico

German Government Escalates its War on Gold

In a brazen attack on precious metals and economic freedom, the German government has just introduced draconian new rules on buying precious metals. Brought in with zero evidence under the guise of money laundering prevention, short term it created panic gold buying by Germany’s population but long term it’s a […]

LBMA claims record amount of gold in London’s vaults

By Ronan Manly – January 4, 2020 This week the LBMA in London claims that a record 8,228 tonnes of gold is held in the London vaults, vaults which include those at the Bank of England and the commercial vaults of such bullion banks as JP Morgan and HSBC. But […]

A new era of digital gold payments systems?

Ever since the internet emerged in the 1990s, entrepreneurs have been trying to created digital gold payments networks. But these efforts haven’t garnered much success. Will the newest push, so-called “blockchain gold,” make digital gold payments more popular? Continue reading…   Powered by WPeMatico

Quantum leap for banks as ABN AMRO questions gold price discovery

By Ronan Manly Earlier this week, an interesting article appeared on the website of the major Dutch bank ABN Amro, written by the bank’s currency and precious metals strategist, Georgette Boele. The article, titled “A world with two gold prices?“, questions how, if gold is a safe haven asset, its […]

Behind enemy lines – Military use of gold coins as emergency money

By Ronan Manly Gold is and always has been universal money that can be used anywhere and is accepted everywhere. This is especially true behind enemy lines. Recently, while researching for the article “The Power of gold in time of Crisis” (which covered examples of gold being the ultimate asset […]

Polish central bank airlifts 8000 gold bars (100 tonnes) from London to Warsaw

In early July, BullionStar covered the notable news from Poland’s central bank, that it had boosted its monetary gold reserves to 228.6 tonnes by buying 125.7 tonnes over the 2018-2019 period, with a staggering 100 tonnes of this total purchased at the Bank of England in London during the first […]

Life under a gold standard

Consumer prices react differently under a gold standard and a fiat standard due to the relative flexibility of each system. What would it be like living under a gold standard? Here are a few (but by no means all) of the features that would characterize it: Banknotes, up until now […]

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New COMEX Pledged Gold – Shrinking the Pool of Registered Inventory

CME now allows COMEX gold warrants to be pledged as clearing collateral, a move that is sure to shrink an already tiny pool of registered gold inventory. Powered by WPeMatico