How to Test for Fake Silver & Gold Bullion INFOGRAPHIC

http://youtu.be/K7rkVUaXTdc

The Other Reason Why Gold Bullion Prices Could Skyrocket

http://www.business2community.com/finance/reason-gold-bullion-prices-skyrocket-0618336#m5WBwu6P4gmZCu1P.99

GoldNomics - Cash or Gold Bullion?

http://youtu.be/-HaqwFJj4ZY

COMEX Deliverable Gold Bullion Plunged By 78% in 2013 - Claims Per Ounce Highest On Record

http://jessescrossroadscafe.blogspot.com/2013/09/comex-deliverable-gold-bullion-has.html?utm_source=feedburner&utm_medium=twitter&utm_campaign=Feed%3A+JessesCafeAmericain+%28Jesse%27s+Caf%C3%A9+Am%C3%A9ricain%29

Regulatory Capital Interim Final Rule

Do you still believe gold isn't money, especially since our dearly beloved Fed Chairman Bernanke denies it is money?

Then watch this video published by the FDIC, which insures deposit accounts.  Specifically, fast-forward to the 20-minute and 31-minute marks and see what the FDIC considers "financial collateral".

- Cash on deposit
- Gold bullion
- US Government securities
- Publicly traded equities and convertible bonds
- Money market fund shares (if quoted daily)

http://youtu.be/yrE-seNyXvI

So yes, gold is a "financial asset", but it's more than that.  It's good money.  And it's certainly not the "barbarous relic" the neo-Keynesians would have you believe it is.

Don't believe this blogger--healthy skepticism is encouraged.  But don't always believe government and banking officials either.  Because sometimes they talk out of both sides of their mouths.

Regulatory Capital Rules: Standardized Approach for Risk-Weighted Assets; Market Discipline and Disclosure Requirements

Gold bugs have gotten it right all along.

http://www.fdic.gov/news/news/financial/2012/fil12027.html

A. Zero Percent Risk-Weighted ItemsThe following exposures would receive a zero percent risk weight under the proposal:

• Cash;

• Gold bullion;

• Direct and unconditional claims on the U.S. government, its central bank, or a U.S. government agency;

• Exposures unconditionally guaranteed by the U.S. government, its central bank, or a U.S. government agency;

• Claims on certain supranational entities (such as the International Monetary Fund) and certain multilateral development banking organizations

• Claims on and exposures unconditionally guaranteed by sovereign entities that meet certain criteria (as discussed below).

For more information, please refer to sections 32(a) and 37(b)(3)(iii) of the proposal. For exposures to foreign governments and their central banks, see section L below. 

Q. Treatment of Collateralized TransactionsThe proposal allows banking organizations to recognize the risk mitigating benefits of financial collateral in risk-weighted assets, and defines financial collateral to include:

• cash on deposit at the bank or third-party custodian;

• gold;

In all cases the banking organization would be required to have a perfected, first priority interest in the financial collateral.
1. Simple approach: A banking organization may apply a risk weight to the portion of an exposure that is secured by the market value of financial collateral by using the risk weight of the collateral – subject to a risk weight floor of 20 percent. To apply the simple approach, the collateral must be subject to a collateral agreement for at least the life of the exposure; the collateral must be revalued at least every 6 months; and the collateral (other than gold) must be in the same currency.

Collapse at Hand

Read the author's biography.  Roberts is not some wild-eyed blogger.

http://www.paulcraigroberts.org/2012/06/05/collapse-at-hand/

Gold Bullion or Cash

This is a worthy re-run:


http://youtu.be/ja0EeLCraXI

Sprott Shifts From Gold Bullion To Gold Stocks, Explains Why

Must-read from Eric Sprott. 

http://www.zerohedge.com/news/sprott-shifts-gold-bullion-gold-stocks-explains-why

As Chavez Pulls Venezuela's Gold From JP Morgan, Is The Great Scramble For Physical Starting?

This story of Venezuela taking delivery of their physical gold bullion is gaining traction.  This could the beginning of the repatriation of sovereign gold reserves from central banks worldwide, as nervous governments no longer trust their custodians in London and New York.  Is there any unencumbered gold left?  Heck, does gold even exist inside the custodial vaults?


http://www.zerohedge.com/news/chavez-pulls-venezuelas-gold-jp-morgan-great-scramble-physical-starting

China National Gold Seeks Africa Investment as Bullion Trades Near Record

When the Chinese can't buy physical, above-ground gold bullion ounces without driving up market  prices, they buy future, below-ground productive capacity by acquiring mining companies.

http://www.bloomberg.com/news/2011-05-30/china-national-gold-seeks-africa-investment-as-bullion-trades-near-record.html

GoldNomics - Cash or Gold Bullion?

http://www.youtube.com/watch?v=-HaqwFJj4ZY&feature=player_profilepage

LBMA shuts down bullion bank trading data

http://www.zerohedge.com/article/lbma-closes-public-access-key-bullion-bank-trading-data

GATA's Adrian Douglas (recently famous for facilitating the emergence of whistleblower Andrew Maguire) seems to think so, after his observation that the LBMA has decided to block "access to statistics relating to the trading activities of its member bullion banks. This information has been available to the public since 1997 but as of this week it is available only to LBMA members." His conclusion: "There is a cover-up of back-door injections of liquidity of physical gold, and the LBMA now is trying to conceal trading information. I interpret the LBMA's move to secrecy as a sign that the opportunity to get real metal is closing fast."

Investors could have been blindsided by the events of 2008, but anyone who misses the writing on the wall about what's going on in the bullion markets is just foolish. The bullion banks have sold far more metal than they can deliver, and more and more customers are asking them to deliver. This has led to back-door bailouts and cover-ups.

Anyone who has "unallocated" bullion should be very concerned. The LBMA itself describes owners of "unallocated bullion" accounts as "unsecured creditors." That means that the account holder has no collateral or title to any bullion.

Bullion bank unallocated account agreements require the bank only to settle in cash for non-performance. That means when the physical squeeze that is evolving takes gold and silver prices to multiples of the current price, holders of unallocated metal accounts will not get any bullion, nor will they be compensated at the prevailing market price.

Bullion is outperforming mining stocks

http://bmgbullion.com/doc_bin/WhyBullionisOutperformingMiningStock.pdf

Gold is the anti-currency

In an era of fast money and currency destruction, bullion is real money. Central banks are buying bullion, hedge funds and other institutional investors are buying bullion. And the world’s largest creditor – China – is diversifying out of dollars and buying bullion.

“When the price of gold moves, gold's price isn't moving; rather it is the value of the currencies in which it's priced that is changing.”

– John Tamny, economist, H.C. Wainwright Economics

Most investors’ portfolios are heavily weighted in currency-denominated financial assets (stocks and bonds), but few comprehend the extent of their purchasing power loss. The numbers in Figure 5 may help put things in perspective: in the past ten years, the US and Canadian dollars, the UK pound and the euro have, collectively, fallen more than 70 percent in value if measured in that universal unit of money, gold. In effect, investor portfolios have lost 70 percent of their purchasing power. Currency destruction, while it is accelerating, is by no means a recent event, however. Since 1913 (not coincidentally the year the US Federal Reserve was formed) the US and Canadian dollars have lost a staggering 96 percent of their value. Is this trend likely to come to an end? Not in the foreseeable future.

At the end of 2009, America’s total debt was approaching 100 percent of GDP, but most investors are unaware of another, far bigger burden: trillions of dollars in unfunded liabilities for Social Security, Medicare and Medicaid. Money the government promised to taxpayers for Social Security has instead been borrowed for its own use. Money the government promised to fund future Medicare and Medicaid benefits and military/government pensions has not been set aside at all. Richard Fisher, a member of the Federal Open Market Committee, believes total US debt – including Medicare and Social Security – is over $122 trillion (Figure 6). This is more than $390,000 for every man, woman and child in the US, and the number keeps rising.

“Fiscally, we are in uncharted territory. Because of this gigantic deficit, our country’s ‘net debt’ is mushrooming… no one can know the precise level of net debt to GDP at which the United States will lose its reputation for financial integrity.”

- Warren Buffett, Chairman, Berkshire Hathaway

You can buy gold bars at Harrod's now

This is surreal, but you can now buy gold bullion and coins at the upscale London retailer Harrod's. Apparently, it's not just the Chinese, Russians, Brazilians, and middle Easterners who are nervous about the USDollar.

http://www.telegraph.co.uk/finance/personalfinance/investing/gold/6328823/Harrods-to-sell-gold-bullion-for-first-time.html