Private Blog Gold & the Slingshot

Private Blog Update on Gold

QUESTION: Mr. Armstrong; People are adamant that there is a move to return to the gold standard. They claim various scenarios. Is there any such plot by the IMF and it seems strange that the ECB gold reserves are minimal. Can you explain the truth in this matter? Thank you GS ANSWER: The IMF has […]

QUESTION: Marty; The Global Market Watch on gold has been really something on the investor level. Can’t wait for the trader level. I believe your staff said that will have the daily and weekly levels also. I find it fascinating how the computer called the low in gold and then said turning back up and […]

Private Blog Updates for the Dow & Gold for month-end closings

Goldman Sachs has been sued for $510 million in New York State Court, which is at least more viable than federal court. The case is Primus Pacific Partners I LP v Goldman Sachs Group Inc et al, New York State Supreme Court, New York County, No. 653885/2016. A shareholder of one of its former clients is suing […]

  Did $78 billion in gold exports from South Africa really go missing? Nope. As taxes rise, so does trade misinvoicing. This confusing term is actually a method for moving money across borders, primarily to avoid taxes. The Global Financial Integrity Group claims that $465.3 billion was underreported in 2004. They argue that this figure rose to just over $1,090.1 […]

Private Blog Update – Gold for July 13th, 2016

QUESTION: Marty, Given the accumulation of gold by China and other nations with large trade surpluses, along with the statements by Alan Greenspan, and the implementation of the Shanghai Gold Exchange, does this suggest that gold is being positioned to be re-introduced into the international monetary system? ANSWER: No. The statements of Greenspan seem almost […]

Two Private Blog Updates S&P500 with the Dow & Separate Gold