Market News Briefs

Some interesting sideways action in the gold market today in anticipation of the “taper or non-taper” decision by the federal reserve. When the much heralded announcement hit the news services, helicopter Ben slowed down the pace of economic stimulus by about $10 billion per month beginning this January – while promising to keep interest rates […]

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Gold’s Incredible Houdini-Like Disappearing Act

Where has all the gold gone? According to Bloomberg’s Kenneth Hoffman (see link for video interview), previously filled vaults in London a few years ago are virtually empty and tens of millions of ounces have been transferred to Switzerland to be recast into a higher grade before being shipped off to Hong Kong and then […]

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