Breaking Gold News and Commentary (20 May 2015)

May 20, 2015

IMPORTANT NEWS
Five Big Banks Face Criminal Charges And $5 Billion Bill Over FX Rigging – Reuters
Gold Hit By Robust Dollar, Equities Ahead of Fed Minutes – Reuters
Indian Banks May Offer Interest On Gold Deposits Of Above 30 Grams – Reuters
Gold Ends At Lowest In A Week As The Dollar Soars – MarketWatch
India Moves a Step Closer to Tapping 20,000-Ton Gold Hoard – Bloomberg
Hong Kong Exchange Seeks to Add Commodities – Bloomberg

IMPORTANT COMMENTARY
Even the Bears May Be Too Bullish on China – Bloomberg
BOJ Bond-Buying Faces Challenge as Japan Post Slows Debt Sales – Japan Times
Why India’s latest gold paperization scheme will fail like the last one – GATA
GLD drain accelerates again – GATA
China’s Gold Accumulation Goes Far Beyond Vaults – You Tube

Mark OByrne

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Videos

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Gold Down $100? This Really Shouldn’t Be A Surprise

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Blog posts

Chris Vermeulen on Gold: This Is A Super Cycle At Play

2 days ago

When we woke up to see gold had hit an all-time high overnight we knew we needed to take a look at some charts. And who better to do that with than technical analyst Chris Vermuelen of TechnicalTraders.com. GoldCore CEO, Dave Russell took some time this afternoon to speak with Chris about what took the […]

Gold Hits Record High: Is This A New Era?

2 days ago

Overnight gold stunned markets by obliterating resistance levels and rocketing up to a new all-time high of $2,148.99. As well as a new level we might also have seen a new standard in volatility being set as the yellow metal experienced $100 intraday swings. This morning gold has calmed itself down a bit. But make […]

Will The Gold Price Shift As Two Great Titans Leave Us?

6 days ago

For much of November gold has been on a tear and this week investors have sent it way up, punching past $2000. Will these giddy heights of over $2,000 be how gold chooses to see out month-end? At the time of writing we cannot be sure. Yesterday prices did soften ever so slightly but the […]