Gold news

Articles, posts, old and recent news about gold and money.

Analisi tecnica dei mercati: oro, dollaro, argento, platino, 22/02/2019

  • 22 February 2019
  • by Blogger

Nuovo appuntamento con l'analisi tecnica dei mercati canonici. In questo spazio parleremo di idee personali ed analisi secondo il nostro giudizio, di conseguenza non rappresentano affatto un invito automatico all'azione. Cerchiamo di norma di fornire un background quanto più completo possibile per permettere anche ad altri di trovare la propria strada laddove c'è nebbia. Iniziamo con gli ultimi movimenti dell'oro. Il grafico qui sotto di fa vedere la splendida azione del metallo giallo che è stata anticipata dalle nostre analisi su queste pagine sin da quando il prezzo era a $1200 e ora sta spingendo lungo la resistenza dei $1340, massimi di prezzo visti l'ultima volta ad aprile dell'anno scorso.

How Moore's Law will end precious metal manipulation and restore consumers' sovereignty

  • 18 February 2019
  • by Blogger

The following article is very important, because explains the reason and the background at the core of a news of these days. Many times people feared market manipulation in precious metals and decided not to buy them for that reason. But digits work in both directions. In fact, according to the CFTC, the Atlanta-based exchange plans to introduce a 3-millisecond trading delay, one which it calls Passive Order Protection. What is even more interesting is where said delay will be implemented: according to the regulatory filing, the speed bump will be first used on exchange's gold and silver futures contracts "where the ICE currently does very little business", effectively confirming that the gold and silver futures market is where market manipulation by algos has been most rife (something which we already knew thanks to such chronic market manipulators as Deutsche Bank and UBS).

Analisi tecnica dei mercati: oro, argento, 15/02/2019

  • 15 February 2019
  • by Blogger

Nuovo appuntamento con l'analisi tecnica dei mercati canonici. In questo spazio parleremo di idee personali ed analisi secondo il nostro giudizio, di conseguenza non rappresentano affatto un invito automatico all'azione. Cerchiamo di norma di fornire un background quanto più completo possibile per permettere anche ad altri di trovare la propria strada laddove c'è nebbia. Iniziamo con gli ultimi movimenti dell'oro. Possiamo vedere dal grafico qui sotto che, mentre il metallo giallo si sposta porgressivamente verso i picchi dell'anno scorso, nell'ultima settimana abbiamo visto un pullback dei prezzi.

We are fighting a battle of ideas and that's why it's important to understand the importance of gold

  • 12 February 2019
  • by Blogger

The idea of central banking has a long history. For instance, the Swedish central bank, the Sveriges Riksbank, was founded in 1668, and the English central bank, the Bank of England, was formed in 1694. The fraudulent operations of such institutions came to light soon, at the latest with the writing of the British economist David Ricardo. In his 1809 essay “The High Price of Bullion” he pointed out that it was the increase in the quantity of money — in the form of banknotes not backed by gold — that caused a general rise in prices, an effect we know as (price) inflation. Unfortunately, however, the political-economic insight that central banks holding the money production monopoly would misuse their power time and again, engage in cronyism, and cause an anti-social debasement of the currency has not — to this very day — sufficed to discredit the monstrous idea of central banking.

Analisi tecnica dei mercati: oro, argento, platino, palladio, 08/02/2019

  • 08 February 2019
  • by Blogger

Nuovo appuntamento con l'analisi tecnica dei mercati canonici. In questo spazio parleremo di idee personali ed analisi secondo il nostro giudizio, di conseguenza non rappresentano affatto un invito automatico all'azione. Cerchiamo di norma di fornire un background quanto più completo possibile per permettere anche ad altri di trovare la propria strada laddove c'è nebbia. Iniziamo con gli ultimi movimenti dell'oro. Dopo aver raggiunto il target che avevamo suggerito durante il recente movimento bullish, l'oro sta seguendo un pattern di compressione ancora più grande se ingrandiamo l'arco temporale e passiamo a quello ad 1 settimana. Un break della linea superiore significherebbe un target potenziale di $1600.

Anyone who says that gold is just another commodity is ignorant of the history of money

  • 05 February 2019
  • by Blogger

Gold bugs believe that there will be a voluntary return to the use of gold by the general public. The computerized technology now exists to create private money systems based on gold — digital gold. There can be 100% reserve banking. As time passes by, the public will begin to use “gold cards” — debit cards in gold as the one that Auromoney will offer — to conduct their common economic affairs. It will probably take a breakdown of the present debt-based monetary system to persuade the average Joe to make the switch. The problem is, such a breakdown could involve the destruction of the entire credit system and therefore the exchange system, i.e., a vast contraction of the economy, which would drastically shrink the division of labor and with it, specialization of production. This would involve gridlock: Bank A could not settle accounts with Bank B until Banks C and D settled with Bank A. Greenspan called this disaster “cascading cross defaults.”

The Gold Standard and Boom-Bust Cycles

  • 31 January 2019
  • by Blogger

On the gold standard an increase in the growth rate of money, which is gold, will not set in motion the emergence of bubble or false activities i.e. an economic boom. Hence, a fall in the growth rate of money supply is not going to create an economic bust — no bubble or false activities were created that are going to be destroyed by a slower money supply growth rate.

Gold is the base of the money economy in international trade

  • 28 January 2019
  • by Blogger

If gold is just another commodity, why do the world’s central bankers use it to settle final accounts? Why aren’t bars of some other commodity stored in the vault of the Federal Reserve Bank of New York? Why didn’t they make “Diehard III” about a heist of, say, hard red winter wheat?

Analisi tecnica dei mercati: oro, argento, platino, palladio, dollaro, sterlina, 26/01/2019

  • 26 January 2019
  • by Blogger

Nuovo appuntamento con l'analisi tecnica dei mercati canonici. In questo spazio parleremo di idee personali ed analisi secondo il nostro giudizio, di conseguenza non rappresentano affatto un invito automatico all'azione. Cerchiamo di norma di fornire un background quanto più completo possibile per permettere anche ad altri di trovare la propria strada laddove c'è nebbia. Iniziamo con gli ultimi movimenti dell'oro. Come ampiamente descritto nelle nostre analisi tecniche passate, è iniziato un pullback dell'oro dopo che l'andamento di prezzo ha rotto una formazione a triangolo simmetrico, e molto probabilmente continuerà.

Gold isn't Just Another Commodity

  • 21 January 2019
  • by Blogger

Gold is used as jewelry. It is used for ornaments of great value. It is used in art, especially religious art. It is associated with God in many religions, probably because of the characteristics already mentioned, plus this one: it’s brightness and color. It is associated with the sun, just as silver is associated with the moon. This explains why gold and silver became money. Both metals were highly valued for reasons other than their use in exchange. They became valuable in exchange because they possessed value prior to their circulation as money. This was the insight of Professor Mises, his “regression theorem” of money. This is why money was created by the market itself, not by kings.

 

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