Yessssss!!!! Gold Always believe in .... Gold, Your indestructible, GOLD!!!

[Brocke]

One-911!

Next milestone - 1913 

[Letsbereal]

Bob Chapman: “Gold is not gonna stop at $2,000. I think it’s gonna blow right trough it.” http://www.youtube.com/watch?v=oGb2Ek3XpUM#t=6m46s

[Letsbereal]

Source: Zero Hedge

[tritonman]

Gold appears to be decoupling form the markets and continues to rise even as gutures go up..   Good for those holding good but a bad sign of what is coming..soon.......

[tritonman]

Just take a peak at this. There seems to be some kind of trend don't ya think?

[ekimdrachir]

Dropped a bit after breaking 1900 but now its back. I bet its gonna clear 2000 by the end of the month.

[CheneysWorstNightmare]

Dropped a bit after breaking 1900 but now its back. I bet its gonna clear 2000 by the end of the month.

Good bet.  Very little signs of slowing.

[Femacamper]

HYPERBOLA PEEPS

[TahoeBlue]

HYPERBOLA PEEPS

1866 this morning...

[Letsbereal]

UBS lifts one-month gold forecast 13% to $1,950
23 August 2011, by Andrea Hotter - London (MarketWatch)
http://www.marketwatch.com/story/ubs-lifts-one-month-gold-forecast-13-to-1950-2011-08-23

Swiss investment bank UBS upped its gold price forecast Tuesday, saying it expects gold to exceed $2,000 a troy ounce before year-end but cautioning that a correction to the market's impressive rally looks increasingly possible.

-UBS Ups One-Month Gold Forecast To $1,950/Oz, Three Weeks After Last Revision

-UBS Sees Gold Volatile post Bernanke's Jackson Hole Speech

-UBS Says Risk Of More CME Gold Margin Hikes Is Rising

-UBS UPs One-Month Silver Forecast To $46/Oz

-UBS Says Silver Benefiting From Belief Gold Near Short-Term Peak

[Letsbereal]

GOLD NEW ALL TIME HIGH AT $1,913.50 oz http://www.google.com/hostednews/afp/article/ALeqM5iCvNOuG0gdLbIKCWjJ-0qVJA1UqQ

http://www.goldprice.org/spot-gold.html

http://charts.kitco.com/KitcoCharts/

I Love Gold! http://www.youtube.com/watch?v=sr0gNJ090JA

[TahoeBlue]

gold dumps with earthquake....  1840

[Femacamper]

Great...now they are activating HAARP to affect gold trading?

[TahoeBlue]

Great...now they are activating HAARP to affect gold trading?

I assume they found the Libyan gold....

[Letsbereal]

I assume they found the Libyan gold....

Rickards Says Libya's Gold Bullion May Never Be Found http://www.youtube.com/watch?v=a_LjXW9bvU0

Aug. 23 (Bloomberg) -- James Rickards, senior managing director at Tangent Capital Partners, talks about the challenge of making $37 billion in frozen financial assets available to Libya's transitional government and access to that nation's oil and gold bullion.

Rickards speaks on Bloomberg Television's "InBusiness With Margaret Brennan." (Source: Bloomberg)

[Letsbereal]

Gold just bounced off $1,824 http://www.goldprice.org/spot-gold.html

[Letsbereal]

Precious Metal Margin Warfare Jumps The Pacific, As Shanghai Hikes Gold Margins For Second Time In A Month, Prepares To Crush Silver
23 August 2011, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/precious-metal-margin-warfare-jumps-pacific-shanghai-hikes-gold-margins-second-time-month-prepa

Excerpt:

Wondering why gold dropped by almost $100 today?

Wonder no more: today the Shanghai Gold Exchange lifted gold margins for forward contracts the second time this month to 12% beginning on Friday, in a move that is starting to resemble the CME's vendetta with silver back from May.

Should we expect 3 more SGE margin hikes in the next 2 weeks?

Or will the CME rightfully accept the baton and do everything in its power to dent the parabolic rise in the alternative reserve currency?

We are cautiously looking at what the CME will do today and will advise readers.

In the meantime, here is what else happened in Shanghai: "China’s main precious metals exchange will also widen daily trading limits for those gold contracts to 9%, up from 7%, the SGE said on its website on Tuesday.

The contracts to be affected include Au(T+D), Au(T+N1) and Au(T+N2).

This is the second time the exchange has raised collateral requirements on gold forward contracts this year — both times in August — as international gold prices hit a series of record highs over the past few weeks, boosted by a flight to safety on worries over a stalling U.S. recovery and crippling sovereign debt in the euro zone.

[Letsbereal]

Vice Chairman Of Germany’s CDU Party Demands Gold As Collateral From European Bailout Recipients
23 August 2011, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/vice-chairman-germanys-cdu-party-demands-gold-collateral-european-bailout-recipients

Excerpt:

Yesterday we had the Bundesbank making a very strong case for why a pan-European bailout (funded by Germany), would need a "fundamental change of regime occurs involving an extensive surrender of national fiscal sovereignty" (beneficial for Germany), today we see the next and final stage of the proposed annexation of Europe by Germany - that which focuses on procuring that which is really important. Hint: not spam.

From Der Spiegel: "Minister Ursula von der Leyen pushes the hard line: any financial aid for euro countries should only come against collateral - as gold reserves or industrial holdings." 

More google-translated conditionality: "The CDU politician wants to ensure future aid allocations from the rescue fund through extensive security of the country.

The ARD Berlin Studios said the minister, who is also vice-chairman of the CDU party, many of these countries had large reserves of gold and industrial holdings, which they could use for such collateral."

And now we know the next steps:

I) Eurobonds will come after there is a change to the European constitution which make Germany supreme ruler, and

II) at that point Germany will have all the gold in Europe pledging its bailout. Yes, gold.... not spam.

[Letsbereal]

China’s gilded gold market - Much of the growing gold demand has been driven by individuals
23 August 2011, by Fu Tao and Sun Yanxia - Beijing ( Caixin Online - MarketWatch)
http://www.marketwatch.com/story/chinas-gilded-gold-market-2011-08-23

[Letsbereal]

German Minister Demands Gold Collateral For Future Bailouts
23 August 2011, by Simone Foxman (Business Insider)
http://www.businessinsider.com/german-minister-demands-collateral-for-future-bailouts-2011-8

German Labor Minister and CDU deputy president Ursula von der Leyen said that future bailouts in eurozone countries should be covered by gold reserves or industry stakes, according to a Reuters report*.

This is the newest development in the debate over whether collateral should be offered to nations contributing to the Greek bailout.

Finland sparked controversy last week when it concluded negotiations* with Greece over a cash collateral to be offered in exchange for Finland's role in the bailout. Other countries* quickly appealed for their own bilateral collateral agreements. Finland has said it will not participate in the bailout without collateral.

Von der Leyen's request for collateral would apply only to future bailout agreements, not the Greek bailout proposed on July 21*.

Bilateral negotiations could undermine joint EU action by dragging out the passage and implementation of bailout measures. It is unclear whether von der Leyen was advocating collateral on a bilateral basis.

Von der Leyen's statements could also undermine the power of German Chancellor Angela Merkel, who is also a member of the Christian Democrats. Merkel has been losing domestic political support recently because of her response to the eurozone crisis.


* according to a Reuters report http://www.reuters.com/article/2011/08/23/eurozone-germany-collateral-idUSB4E7JF01120110823

* concluded negotiations http://www.businessinsider.com/finland-collateral-deal-could-spell-trouble-for-future-eu-decisions-2011-8

* Other countries http://www.businessinsider.com/more-countries-ask-greece-for-bailout-collateral-2011-8

* Greek bailout proposed on July 21 http://www.businessinsider.com/greece-will-go-into-selective-default-in-new-bailout-package-2011-7

[Letsbereal]

Gold just bounced off $1,750 http://www.goldprice.org/spot-gold.html

[Letsbereal]

Gold just bounced off $1,750 http://www.goldprice.org/spot-gold.html

Gold just bounced off $1,750 for a second time.

[Letsbereal]

Chavez allready recieved his gold according to this dude:

Gold Record High Correction, The REAL Chavez Story & Vancouver Booming http://www.youtube.com/watch?v=I2Freyd4j-w

[Letsbereal]

CME increases gold margin requirements by 27%
24 August 2011, by Claudia Assis - San Francisco (MarketWatch)
http://www.marketwatch.com/story/cme-increases-gold-margin-requirements-by-27-2011-08-24

CME raises gold margin requirements again
24 August 2011, by Myra Saefong (MarketWatch -Blogs)
http://blogs.marketwatch.com/thetell/2011/08/24/cme-raises-gold-margin-requirements-again/

[Letsbereal]

And There's Your Perfectly Leaked Explanation: CME Hikes Gold Margins, Again, This Time By 27%
24 August 2011, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/and-theres-your-perfectly-leaked-explanation-cme-hikes-gold-margins-again-time-27

Excerpt:

Two weeks after the CME hiked gold margins by 22%, and two days after the Shanghai Gold Exchange sent them higher by 26%, here comes the CME, as we expected, with another 26% gold margin hike

(previously: "Should we expect 3 more SGE margin hikes in the next 2 weeks?

Or will the CME rightfully accept the baton and do everything in its power to dent the parabolic rise in the alternative reserve currency?

We are cautiously looking at what the CME will do today and will advise readers.").

And now we know that this particular margin hike was leaked well in advance, and explains the entire $100 plunge in gold today.

And as a reminder, the August 1 CME margin hike worked... for about 30 minutes.

[Letsbereal]

Kazakh Central Bank Gets ‘Priority Right’ to Buy Gold
24 August 2011, by Nariman Gizitdinov (Bloomberg)
http://www.bloomberg.com/news/2011-08-23/kazakhstan-gives-central-bank-priority-right-to-buy-gold-1-.html

Excerpt:

Kazakhstan’s central bank plans to lock up domestic supplies of refined gold by using a “priority right” it received from the government to buy bullion designated for exports amid record prices for the metal.

The National Bank of Kazakhstan plans to use the buying privilege “in full” after changes go into effect Jan. 1, the Almaty-based lender said in an e-mailed statement today.

Central banks are expanding their gold reserves for the first time in a generation as bullion rises for an 11th consecutive year, the longest winning streak since at least 1920, as investors seek to diversify their holdings away from equities and some currencies. Venezuelan President Hugo Chavez last week ordered the central bank to repatriate $11 billion of gold reserves held in developed nations’ institutions.

Kazakhstan’s gold holdings were valued at $3.5 billion at the end of last month and accounted for about 9.5% of the nation’s gross international reserves, central bank data show.

The central bank may provide advance payments to Kazakh gold producers, becoming their “secure partner” in the coming years, according to the statement. The bank also asked the government to eliminate value-added tax incentives that spurred gold exports.

[Femacamper]

The drop wouldn't have anything to do with the Libyan invasion, would it?

Maybe they found a 'cache'?

[Letsbereal]

Bob Chapman - The Financial Survival - 24 Aug 2011 http://www.youtube.com/watch?v=r34sJoXA3Wo

[Letsbereal]

Gold just bounced off $1,730 http://www.goldprice.org/spot-gold.html

[Femacamper]

Gold just shot up to $1,743 http://www.goldprice.org/spot-gold.html

[Letsbereal]

Gold just shot up to $1,765 http://www.goldprice.org/spot-gold.html

ahaaahaahah Golds going parabolic again aahaahahaahaha!!!

[Letsbereal]

Caution: Another Gold Margin Hike Imminent
25 August 2011, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/caution-another-gold-margin-hike-imminent

Excerpt:

Just like Interactive Brokers predicted the last CME margin hike with 100% precision, here it comes again.

It is now all too clear that the CME risk managers have decided to do to gold what they did to silver: namely shake out the weak hands with as many as 5 or more margin hikes in a row.

Since everyone else is all cash, the CME's attempt to manipulate the market is coming to an end.

[Letsbereal]

Guest Post: Don’t Store Your Gold In The United States
25 August 2011, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/guest-post-don%E2%80%99t-store-your-gold-united-states

[Femacamper]

Gold just shot up to $1,771 http://www.goldprice.org/spot-gold.html

Stupid manipulating tricks can't hold it down for long.

[Kilika]

They make money up and down, why would they try to hold it down? They need volitility to make money in commodities. Over $100 move in one day means somebody made a massive amount of cash in a short period of time if they had the right options.

[Brocke]

On the Brink of Inflationary Disaster

by Robert P. Murphy - Mises.org
Published : August 25th, 2011

Ever since Ben Bernanke began his massive infusions of money into the financial system, many analysts (including me) have been worried about the severe weakening of the dollar if and when the fractional-reserve-banking system magnified the initial injections severalfold.

Although the trend could reverse, data from the past two months suggest that the inflationary big one may be upon us...

read more: http://www.24hgold.com/english/news-gold-silver-on-the-brink-of-inflationary-disaster.aspx?article=3610254860G10020&redirect=false&contributor=Robert+P.+Murphy

[Femacamper]

Gold just crept up to $1,776 http://www.goldprice.org/spot-gold.html

THE GOLD REVOLUTION IS AT HAND!

[New Whirled Order]

Guest Post: Don’t Store Your Gold In The United States
25 August 2011, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/guest-post-don%E2%80%99t-store-your-gold-united-states

I understand his reasoning for recommending this, but I don't think I could bring myself to do it.

[Letsbereal]

Gold gets good dose of much-needed volatility - $100 moves in gold may become the new norm, analysts say
26 August 2011, by Myra P. Saefong (MarketWatch)
http://www.marketwatch.com/story/gold-gets-good-dose-of-much-needed-volatility-2011-08-26

Jim Willie predicted this a year ago or so.

[Letsbereal]

Gold as collateral: Rising trend indicates bullish gold
26 August 2011, Mumbai (Commodity Online)
http://www.commodityonline.com/news/Gold-as-collateral-Rising-trend-indicates-bullish-gold-41934-3-1.html

Source: wallstcheatsheet.com: Will Gold Become Collateral for a Euro Zone Bailout? http://wallstcheatsheet.com/gold/will-gold-become-collateral-for-euro-zone-bailout.html/