Gold, there's not enough to go around!

This week as ever the global economy provides a melting pot of big monetary moves from not only individual investors but from entire states with some interesting responses, more on that later. Gold and Silver 

First I would like to start by supporting my previous post (21 Jan); my chart is not something that every other investor on the planet doesn’t have access to, but what is quite nice is when your analysis is independently supported, so let the gloating begin. On the 23 Jan, I posted last week a potentially explosive Gold chart in the coming weeks, it seems a few other bloggists are slowly catching on.  Tyler Durden of www.zerohedge.com posted this screenshot and analysis of Gold today (3 days after my prediction), take a look 

Gloating over, the point is he is right watch this space!

I said earlier that states are making big monetary moves, 12 months ago Germany asked the USA, France and the UK to repatriate its Gold reserves, some 670 Tonnes!  To date, guess how much has been repatriated?........ 5 … I think.  Embarrassing!

So a bit of analysis, why might Germany wish to repatriate its Gold? Well it could be something to do with the market manipulation scandal currently being investigated by regulators. In essence, the Gold and Silver markets have been artificially suppressed to ensure investors keep pumping fiat currency (paper currency) into the system. I have been saying this for the past year now and its finally hitting the main-stream news!  Check out this Reuters article Gold Price Fix 

So what is the problem with saving or investing in paper currency I hear you say?...... its being eroded and devalued EVERY DAY!, Quantative Easing and US Bond buying is weakening the purchasing power of paper money, so the £1 that you though was worth £1 is really worth £0.90p instead (those calculations are illustrative but you get the point). You want evidence? Watch any of Mike Maloney’s Hidden Secrets of Money Clips Hidden Secrets of Money 

Ok you get the point I know, but don’t just take my word for it, please read this Max Keiser of RT News’s report Max Keiser Report

Oh… I didn’t mention why the US did not repatriate all of the Gold did I…. because they don’t have it! Read this Where's the Gold? 

A link heavy post this week but there has been a lot of market action, and all of it is linked.  There is so much more to say, so I might increase these posts to twice a week just to give a better spread of information, and ease the Friday overload.

So until next week, happy investing.