This feed contains all of our gold news and analysis articles as we add it to the site. en-uk Copyright 2013 by Net Transactions Limited (GoldMoney). All rights reserved. http://www.goldmoney.com/ http://www.goldmoney.com/gold-research/newsdesk/is-this-the-end-of-the-gold-bull.html http://www.goldmoney.com/index.html?page=6089 The dreary picture painted by recent headlines and the tiresome repetition that gold "has entered a bear market" seems to be taking its toll on gold investors, whose confidence levels ... Wed, 15 May 2013 11:30:00 GMT http://www.goldmoney.com/gold-research/newsdesk/economic-recovery-built-on-sand.html http://www.goldmoney.com/index.html?page=6082 "STOCKS ROAR BACK" is this morning's London City AM headline - reporting news that the Dow Jones "smashed through" the 15,000 mark yesterday to a record nominal ... Wed, 08 May 2013 17:00:00 GMT http://www.goldmoney.com/gold-research/newsdesk/fed-statement-lends-support-to-metals.html http://www.goldmoney.com/index.html?page=6075 Things have cooled off in the gold and silver markets, with the former trading in a range between $1,450 and $1,480, and silver moving between $23 and $24. Both metals sold off early in New York ... Thu, 02 May 2013 10:00:00 GMT http://www.goldmoney.com/gold-research/newsdesk/silver-price-enjoys-strongest-one-day-gain-for-15-months.html http://www.goldmoney.com/index.html?page=6069 Gold and silver have staged a decent comeback over the last couple of days, with gold up by around $40 since Wednesday, while silver yesterday recorded its strongest one-day price gain for 15 months ... Fri, 26 Apr 2013 10:15:00 GMT http://www.goldmoney.com/gold-research/newsdesk/physical-gold-demand-surges.html http://www.goldmoney.com/index.html?page=6064 After the white-knuckle ride of the last week and a bit, the gold market appears to have calmed somewhat in recent days. The price is no longer falling by triple-digit amounts in single sessions, or ... Tue, 23 Apr 2013 14:30:00 GMT http://www.goldmoney.com/gold-research/newsdesk/gold-sell-off-avoid-the-bear-trap.html http://www.goldmoney.com/index.html?page=6026 The gold price has corrected sharply over the last couple of trading days - breaking the strong support zone at $1,550-1,525/oz and heading straight for the next significant technical support ... Tue, 16 Apr 2013 11:45:00 GMT http://www.goldmoney.com/gold-research/newsdesk/james-turk-on-the-keiser-report-talking-money-gold-and-bitcoin.html http://www.goldmoney.com/index.html?page=6022 GoldMoney founder and chairman James Turk was on the Keiser Report yesterday. Covering the second half of the show, James and Max talk about all things money, including gold, Bitcoin and currency ... Sun, 14 Apr 2013 09:45:00 GMT http://www.goldmoney.com/gold-research/newsdesk/monetary-policy-the-only-game-in-town.html http://www.goldmoney.com/index.html?page=6017 "We have always had a position in gold. When you think about the largest central banks in the world, they have all moved to unlimited printing ideology. Monetary policy happens to be the only ... Wed, 10 Apr 2013 10:00:00 GMT http://www.goldmoney.com/gold-research/newsdesk/breaking-the-ultimate-monetary-taboo.html http://www.goldmoney.com/index.html?page=6008 As said countless times before on this site, QE is permanent. There is no way that central banks like the Fed, Bank of England and others can reverse their expansionary policies or engineer a neat ... Fri, 05 Apr 2013 12:45:00 GMT http://www.goldmoney.com/gold-research/alasdair-macleod/danger-in-bank-accounts.html http://www.goldmoney.com/index.html?page=5999 The thinking behind GoldMoney's business model was that there might come a time when prudent savers would want to protect themselves from the twin risks of a global banking crisis and a loss of ... Mon, 01 Apr 2013 10:15:00 GMT http://www.goldmoney.com/gold-research/newsdesk/banking-system-heading-for-the-rocks.html http://www.goldmoney.com/index.html?page=5989 Banks are reopening in Cyprus today. But with withdrawals limited to euro300 and capital controls ensuring that withdrawals of more than euro3,000 (or equivalent in other currencies) from the ... Thu, 28 Mar 2013 11:45:00 GMT http://www.goldmoney.com/gold-research/newsdesk/troika-reaches-bailout-deal-with-cyprus-government.html http://www.goldmoney.com/index.html?page=5975 The "Troika" (European Commission, ECB and IMF) and the Cypriot government have reached an agreement on a new bailout deal for Cyprus (one that conveniently doesn't require Cypriot ... Mon, 25 Mar 2013 12:30:00 GMT http://www.goldmoney.com/gold-research/newsdesk/no-solution-to-cyprus-problem.html http://www.goldmoney.com/index.html?page=5968 The Cyprus crisis has exposed a perception problem at the heart of modern finance. Everyone has a bank deposit and regards this as their property: a form of warehousing if you like. In reality of ... Fri, 22 Mar 2013 14:00:00 GMT http://www.goldmoney.com/gold-research/newsdesk/from-russia-with-love.html http://www.goldmoney.com/index.html?page=5962 Last night the Cypriot parliament rejected the proposed IMF/EU bailout that would have seen the confiscation of up to 10% of depositors' money from the island's banks. Under pressure from ... Wed, 20 Mar 2013 13:00:00 GMT http://www.goldmoney.com/gold-research/newsdesk/sad-cyprus.html http://www.goldmoney.com/index.html?page=5957 Pure theft. That's the description many are giving to the weekend's news from Cyprus, where bank depositors have had their accounts frozen, with a special 9.9% levy on deposits of over ... Mon, 18 Mar 2013 12:45:00 GMT http://www.goldmoney.com/gold-research/newsdesk/the-madness-of-crowds.html http://www.goldmoney.com/index.html?page=5950 Gold is knock-knock-knockin' on $1,600's door, though as yet has been unable to break back above this price. Silver is being stymied at $29, with platinum at the same level as gold and ... Fri, 15 Mar 2013 12:30:00 GMT http://www.goldmoney.com/gold-research/alasdair-macleod/cftc-consider-london-fix-investigation.html http://www.goldmoney.com/index.html?page=5941 It seems that America's Commodity Futures Trading Commission (CFTC) is discussing internally the possibility that gold and silver is being manipulated at the London fixings, according to The Wall ... Thu, 14 Mar 2013 11:30:00 GMT http://www.goldmoney.com/gold-research/newsdesk/gold-price-rises-on-monetary-stimulus-hopes.html http://www.goldmoney.com/index.html?page=5933 Yesterday, for the first time in March, the gold price broke through its short-term ceiling of $1,585 and approached the $1,600 mark, while silver moved back above $29. During a press conference ... Wed, 13 Mar 2013 12:15:00 GMT http://www.goldmoney.com/gold-research/newsdesk/stock-market-hype-ignores-inflation.html http://www.goldmoney.com/index.html?page=5921 Stocks markets have hit record (nominal) levels in the last few days, amid the on-going torrent of central bank currency injections into the banking system. Month-on-month changes in the US M3 money ... Thu, 07 Mar 2013 12:15:00 GMT http://www.goldmoney.com/gold-research/newsdesk/social-unrest-and-inflation.html http://www.goldmoney.com/index.html?page=5906 Sterling is once again front and centre of market attention today - and again, not in a good way: tumbling by nearly 1% against the dollar following news of an unexpected contraction in UK ... Fri, 01 Mar 2013 12:30:00 GMT http://www.goldmoney.com/gold-research/newsdesk/gold-price-surge-as-bernankes-doves-fly-again.html http://www.goldmoney.com/index.html?page=5901 Markets have been roiled over the last 48 hours by the three B's: Berlusconi, Bernanke and Boehner. The indecisive Italian election outcome and the strength of the anti-austerity vote has many ... Wed, 27 Feb 2013 12:30:00 GMT http://www.goldmoney.com/gold-research/newsdesk/uk-downgrade-knocks-sterling.html http://www.goldmoney.com/index.html?page=5889 Moody's announcement late on Friday that it was downgrading the United Kingdom's credit rating from AAA to Aa1 has had predictable consequences for sterling: the currency sinking to ... Mon, 25 Feb 2013 12:30:00 GMT http://www.goldmoney.com/gold-research/newsdesk/no-way-out-for-central-banks.html http://www.goldmoney.com/index.html?page=5881 Gold took a beating on Wednesday, amid media chatter about the mythical notion of tighter monetary policy from the Federal Reserve. Evidence for this appears no more convincing than at anytime since ... Fri, 22 Feb 2013 12:30:00 GMT http://www.goldmoney.com/gold-research/newsdesk/market-awaits-fed-minutes.html http://www.goldmoney.com/index.html?page=5876 Gold and silver have stabilised over the last 24 hours, with traders waiting on the release of the latest batch of Federal Reserve minutes - for their 29-30 January Open Market Committee - ... Wed, 20 Feb 2013 12:00:00 GMT http://www.goldmoney.com/gold-research/newsdesk/g20-on-currency-wars-nothing-to-see-here-folks.html http://www.goldmoney.com/index.html?page=5871 Gold fell to $1,600/oz on Friday, with Chinese buyers absent from the market owing to the Lunar New Year holiday and news that George Soros reduced his stake in the exchange-traded fund GLD pressuring ... Mon, 18 Feb 2013 12:15:00 GMT http://www.goldmoney.com/gold-research/newsdesk/central-bank-gold-demand-at-highest-level-since-1964.html http://www.goldmoney.com/index.html?page=5865 Another tough day for gold yesterday. The metal looks like it could test support at $1,600/oz, depending on the noises coming from governments in the run up to the weekend's G20 gathering in ... Fri, 15 Feb 2013 12:45:00 GMT http://www.goldmoney.com/gold-research/roman-baudzus/american-cash-for-gold-stores-to-face-new-regulations.html http://www.goldmoney.com/index.html?page=5863 The 'cash for gold' - or "cash 4 gold" if you prefer - business has been booming in recent years, but such ventures operating in America are facing the prospect of ... Thu, 14 Feb 2013 14:00:00 GMT http://www.goldmoney.com/gold-research/newsdesk/gold-consolidation-but-no-capitulation.html http://www.goldmoney.com/index.html?page=5857 Gold and silver may be struggling for direction at the moment, but palladium continues to move higher: bursting above the $760/oz mark yesterday. Platinum enjoyed a solid up day - though its ... Wed, 13 Feb 2013 13:15:00 GMT http://www.goldmoney.com/gold-research/newsdesk/g20-meeting-amid-increasing-currency-tensions.html http://www.goldmoney.com/index.html?page=5851 We saw a slight return of euro jitters in the second half of last week, following comments from European Central Bank President Mario Draghi, hinting that the strengthening euro since last summer was ... Mon, 11 Feb 2013 13:30:00 GMT http://www.goldmoney.com/gold-research/newsdesk/gold-prices-its-all-relative.html http://www.goldmoney.com/index.html?page=5846 Given the almost exclusive media emphasis on the gold price in US dollars, it's easy to forget the sometimes-wide divergence in performance of other national currencies versus gold. The Japanese ... Fri, 08 Feb 2013 12:30:00 GMT http://www.goldmoney.com/gold-research/alasdair-macleod/the-role-of-gld-and-slv.html http://www.goldmoney.com/index.html?page=6083 In August 2011 I wrote to the Financial Services Authority to seek confirmation that the London-based custodians of SPDR Gold Trust (GLD) and iShares Silver Trust (SLV) were being regulated as ... Sun, 12 May 2013 14:00:00 GMT http://www.goldmoney.com/gold-research/alasdair-macleod/gold-market-report-continuing-consolidation.html http://www.goldmoney.com/index.html?page=6084 Gold and silver continued their consolidation after the April lows, trading in narrow ranges with a firm undertone. Attention is now firmly focused on Chinese and Indian demand for gold, which between ... Fri, 10 May 2013 19:00:00 GMT http://www.goldmoney.com/gold-research/alasdair-macleod/the-case-against-deflation.html http://www.goldmoney.com/index.html?page=6077 Regular readers will know I am in the inflation, possibly hyperinflation camp; but there are those that think the future is more likely to be deflationary. In the main this is the view of neoclassical ... Sun, 05 May 2013 13:00:00 GMT http://www.goldmoney.com/gold-research/chris-marcus/the-coming-run-on-central-bank-gold.html http://www.goldmoney.com/index.html?page=6079 A few months ago the German Bundesbank displayed concern about the security of their gold being stored at the New York Federal Reserve. They called for an audit of their holdings, and while that still ... Sat, 04 May 2013 13:00:00 GMT http://www.goldmoney.com/gold-research/alasdair-macleod/gold-market-report-reduced-volatility.html http://www.goldmoney.com/index.html?page=6078 This week has seen somewhat reduced volatility in precious metals, with gold ranging between $1,442 and $1,480 and silver between $23.20 and $24.60. The question we would all like an answer to is ... Fri, 03 May 2013 19:00:00 GMT http://www.goldmoney.com/gold-research/felix-moreno-de-la-cova/fear-index-april-2013-the-calm-before-the-storm.html http://www.goldmoney.com/index.html?page=6076 For the second month in a row US M3 has remained basically flat at just under $15.1 trillion, despite the Federal Reserve continuing its monetary injections of $85 billion per month. The Fear Index ... Fri, 03 May 2013 09:30:00 GMT http://www.goldmoney.com/gold-research/alasdair-macleod/goodbye-to-austerity.html http://www.goldmoney.com/index.html?page=6070 There is a new campaign to end austerity. First, the IMF lets it be known it has second thoughts about it; then we are told the threshold of 90% government debt to GDP which must not be crossed, set ... Sun, 28 Apr 2013 14:00:00 GMT http://www.goldmoney.com/gold-research/james-turk/will-the-us-dollar-hyperinflate.html http://www.goldmoney.com/index.html?page=6065 The hyperinflation of a currency is typically described as an event, as if one day everything is normal and then the next day hyperinflation is manifest throughout the economy. This description ... Sat, 27 Apr 2013 14:00:00 GMT http://www.goldmoney.com/gold-research/alasdair-macleod/gold-market-report-the-metals-get-off-the-mat.html http://www.goldmoney.com/index.html?page=6073 This week it transpired that the fall in gold and silver prices achieved the desired effect of shaking some of the bulls out of their positions. The hedge funds who recently went short, if they were ... Fri, 26 Apr 2013 20:00:00 GMT http://www.goldmoney.com/gold-research/alasdair-macleod/physical-gold-vs-paper-gold-waiting-for-the-dam-to-break.html http://www.goldmoney.com/index.html?page=6068 Introduction In this article I will argue that the recent slide in the gold price has generated substantial demand for bullion that will likely bring forward a financial and systemic disaster for ... Thu, 25 Apr 2013 13:15:00 GMT http://www.goldmoney.com/gold-research/james-turk/whats-next-for-gold.html http://www.goldmoney.com/index.html?page=6030 I have found over the span of my 45-year business career that very few axioms remain unchanged over time. What may have been considered as undeniable truths in one decade are often seen as pure folly ... Fri, 19 Apr 2013 12:15:00 GMT http://www.goldmoney.com/gold-research/alasdair-macleod/my-adam-smith-lecture.html http://www.goldmoney.com/index.html?page=6029 The following is a transcript of the 'Adam Smith Lecture' I gave at a private gathering in London on 19 February. For a long time governments have been redistributing peoples' income ... Thu, 18 Apr 2013 15:15:00 GMT http://www.goldmoney.com/gold-research/alasdair-macleod/manufacturing-prowess-based-on-sound-money.html http://www.goldmoney.com/index.html?page=6021 The ability of a business to maintain accurate and meaningful accounts is undermined by the debasement of the accounting medium, fiat currency. Understand this and you understand the corrosive effects ... Sun, 14 Apr 2013 14:00:00 GMT http://www.goldmoney.com/gold-research/felix-moreno-de-la-cova/fear-index-march-2013-the-cyprus-lockdown.html http://www.goldmoney.com/index.html?page=6015 US M3 growth has ground to a halt in February, dropping to just under $15.1 trillion. The Fear Index has also retreated slightly to 2.78%, while its 21-month moving average remains at 2.99%, perhaps a ... Mon, 08 Apr 2013 13:30:00 GMT http://www.goldmoney.com/gold-research/alasdair-macleod/gold-price-suppression-the-game-goes-on.html http://www.goldmoney.com/index.html?page=6012 The slide in precious metal prices has done much to undermine investor confidence, yet the indications are that demand for the physical metals remains strong. This leads many observers to comment that ... Sun, 07 Apr 2013 14:00:00 GMT http://www.goldmoney.com/gold-research/alasdair-macleod/gold-market-report-gold-and-silver-under-pressure.html http://www.goldmoney.com/index.html?page=6010 The sell-off in precious metals gathered pace this week into what is often called capitulation. Money-managers (hedge funds) cut their long gold positions on Comex by 19,044 contracts in the week to ... Fri, 05 Apr 2013 19:00:00 GMT http://www.goldmoney.com/gold-research/chris-marcus/reasons-to-own-precious-metals-continue-to-grow.html http://www.goldmoney.com/index.html?page=6003 Precious metals analyst Bill Haynes raised an interesting point recently on King World News. Imagine that in 2005 you told your peers and colleagues about some of the events that we would witness in ... Wed, 03 Apr 2013 15:30:00 GMT http://www.goldmoney.com/gold-research/alasdair-macleod/cyprus-triggers-preference-for-goods.html http://www.goldmoney.com/index.html?page=5994 Almost certainly prices for goods in Cyprus will rise as a result of its banking crisis, because the imposition of capital controls will restrict imports, leading to supply bottlenecks. In addition ... Sun, 31 Mar 2013 14:00:00 GMT http://www.goldmoney.com/gold-research/alasdair-macleod/gold-market-report-your-bank-deposits-arent-safe.html http://www.goldmoney.com/index.html?page=5991 The chaos that is Cyprus has mesmerised markets, including for gold and silver. At the time of writing there are signs that markets were beginning to emerge from their hypnotic trance. Bond yields for ... Thu, 28 Mar 2013 19:00:00 GMT http://www.goldmoney.com/gold-research/przemyslaw-radomski/china-disinclined-to-buy-more-us-debt.html http://www.goldmoney.com/index.html?page=5983 The world second largest economy is more than interesting from a precious metals buyer's point of view. This is because China is the world's largest holder of foreign reserves, with $3.3 ... Tue, 26 Mar 2013 14:00:00 GMT http://www.goldmoney.com/gold-research/alasdair-macleod/money-supply-accelerating.html http://www.goldmoney.com/index.html?page=5969 The monthly figures for the US dollar components of Austrian, or True Money Supply, for February are now in. TMS plus excess reserves amount to the quantity of money that can be drawn down without ... Mon, 25 Mar 2013 14:00:00 GMT http://www.goldmoney.com/gold-research/alasdair-macleod/gold-market-report-the-cyprus-reaction.html http://www.goldmoney.com/index.html?page=5972 This week will be remembered for the Cypriot banking crisis, and perhaps the wake-up call it gave to bank depositors. Whichever way you look at it, the clumsy attempt to tax depositors and to paint ... Fri, 22 Mar 2013 19:00:00 GMT http://www.goldmoney.com/gold-research/roman-baudzus/germans-openly-debating-euro-exit-on-tv.html http://www.goldmoney.com/index.html?page=5967 Germans are becoming increasingly hostile to the euro - with opposition centred in conservative states such as Bavaria, Hesse and Baden-Württemberg. These states are being hurt by higher ... Thu, 21 Mar 2013 17:15:00 GMT http://www.goldmoney.com/gold-research/alasdair-macleod/welfare-costs-rapidly-escalating-everywhere.html http://www.goldmoney.com/index.html?page=5955 Many of us are aware of Professor Laurence Kotlikoff of Boston University's calculation that the net present value of the US Government's future liabilities rose by $11 trillion in fiscal ... Sun, 17 Mar 2013 14:00:00 GMT http://www.goldmoney.com/gold-research/alasdair-macleod/gold-market-report-cot-update.html http://www.goldmoney.com/index.html?page=5954 Bullion has been steady this week, with gold rising $12 to $1,590 and silver falling 13 cents to $28.80 as of Friday morning. Open interest in gold has picked up by 19,000 contracts in US futures ... Fri, 15 Mar 2013 19:00:00 GMT http://www.goldmoney.com/gold-research/chris-marcus/waiting-for-the-yen-to-drop.html http://www.goldmoney.com/index.html?page=5945 Japanese Prime Minister Shinzo Abe has only been in power for a few months. But in that time he is made it clear that his campaign platform of unprecedented monetary stimulus was no empty promise. ... Thu, 14 Mar 2013 14:30:00 GMT http://www.goldmoney.com/gold-research/alasdair-macleod/the-relationship-between-money-and-prices.html http://www.goldmoney.com/index.html?page=5923 The quantity theory of money and its accompanying equation of exchange are generally accepted as defining the relationship between money and prices. The equation has been expressed a number of ways, ... Sun, 10 Mar 2013 14:00:00 GMT http://www.goldmoney.com/gold-research/alasdair-macleod/gold-market-report-managed-money-chasing-the-trend.html http://www.goldmoney.com/index.html?page=5924 Some stability returned to precious metals this week, with gold rising $14 from $1,564 at last Friday's low to Friday morning, London time, and silver rising $0.65 from $28. Predictably - ... Fri, 08 Mar 2013 19:00:00 GMT http://www.goldmoney.com/gold-research/alasdair-macleod/a-detailed-look-at-bank-of-england-gold.html http://www.goldmoney.com/index.html?page=5911 The London Bullion Market is the global trading centre for physical gold, and the Bank of England holds gold on behalf of other central banks. There are a number of historical reasons the Bank has ... Sun, 03 Mar 2013 14:00:00 GMT http://www.goldmoney.com/gold-research/alasdair-macleod/gold-market-report-the-yellow-metal-is-still-oversold.html http://www.goldmoney.com/index.html?page=5912 On Comex, last week's Commitment of Traders Report for gold showed Managed Funds (mostly hedge funds) with record shorts, as foreshadowed in last Friday's Market Report. But they became ... Fri, 01 Mar 2013 17:15:00 GMT http://www.goldmoney.com/gold-research/newsdesk/james-turks-interview-with-beurs-magazine.html http://www.goldmoney.com/index.html?page=5904 Since last summer the euro has been on the rise. Is that a trend you see continuing going forward? JT: It's hard to predict the euro's moves against other fiat currencies. All are ... Thu, 28 Feb 2013 10:00:00 GMT http://www.goldmoney.com/gold-research/felix-moreno-de-la-cova/fear-index-february-2013-actions-matter-more-than-words.html http://www.goldmoney.com/index.html?page=5893 Despite recent headlines and a great deal of squawking over hints that the latest FOMC minutes heralded a slight (maybe) signal of more hawkish intentions from the Federal Reserve, January saw US M3 ... Mon, 25 Feb 2013 15:00:00 GMT http://www.goldmoney.com/gold-research/alasdair-macleod/osborne-cornered.html http://www.goldmoney.com/index.html?page=5886 On 20 March George Osborne, the UK's Chancellor, will present his budget. So far he has made a valiant attempt to cap public sector spending, particularly when compared with other finance ... Sun, 24 Feb 2013 14:00:00 GMT http://www.goldmoney.com/gold-research/alasdair-macleod/gold-market-report-the-start-of-an-epic-short-squeeze-.html http://www.goldmoney.com/index.html?page=5882 This week considerable instability developed in currency markets. The yield on US Treasuries has been rising, signalling that they may have bottomed out. And when it emerged from the FOMC minutes that ... Fri, 22 Feb 2013 14:00:00 GMT http://www.goldmoney.com/gold-research/alasdair-macleod/the-final-countdown.html http://www.goldmoney.com/index.html?page=5869 Governments have refused to accept the necessity of a period of economic re-adjustment following the credit-bubble. The bubble burst about five years ago and economic progress has been effectively ... Sun, 17 Feb 2013 14:00:00 GMT http://www.goldmoney.com/gold-research/alasdair-macleod/spike-in-banks-net-short-position.html http://www.goldmoney.com/index.html?page=5867 Last Friday night (European time, 8 February) the Bank Participation Report for 5 February was released. This showed that US banks reduced their net short gold position by 12,886 contracts over the ... Fri, 15 Feb 2013 19:00:00 GMT http://www.goldmoney.com/gold-research/james-cox/gold-save-the-queen.html http://www.goldmoney.com/index.html?page=5856 HRH Queen Elizabeth II: "I saw all the Gold bars. Regrettably, not all of them belong to us." George Osborne, Chancellor of the Exchequer: "Some of them were sold, but we still have ... Tue, 12 Feb 2013 14:15:00 GMT http://www.goldmoney.com/gold-research/alasdair-macleod/the-impossibility-of-economic-calculation-in-a-fiat-world.html http://www.goldmoney.com/index.html?page=5849 The purpose of keeping accurate accounts is to quantify net worth at any given point in time - as well as the change from a prior date. It goes without saying that the measure used, money, ... Sun, 10 Feb 2013 14:00:00 GMT http://www.goldmoney.com/gold-research/felix-moreno-de-la-cova/fear-index-january-2013-fiat-currencys-twilight.html http://www.goldmoney.com/index.html?page=5844 US M3 ended 2012 at over $15 trillion, as we have been predicting since Operation Twist was launched. The US national debt stands at over $16.5 trillion, while the gold price ended the year at $1,660 ... Thu, 07 Feb 2013 15:30:00 GMT