Flash Crash

H/T to SW.

From Martin Armstrong’s blog site about the recent flash crash in silver, click here.

Hypothecation

Interesting little post from Jesse over at Americain Cafe. Click here.

Silver halted

Silver market is having some issues today. Click here.

And here from Jesse.

Latest Blog Post from Martin Armstrong dated May 17, 2013

Click here for Martin’s latest blog post. Part II on the Metals goes out today. Groovygirl thinks it is a pay report.

Click here for the summary. Short but important read!!!

Latest Blog Post from Martin Armstrong dated May 13, 2013

Click here for Martin Armstrong’s latest blog post entitled Gold and 2015.75 dated May 13, 2013.

Good Metal Update from Jesse

See Jesse’s latest post with wise words from Harvey Organ. Click here.

It’s all about moving the “numbers” on the balance sheet

Click here.

Two weeks ago we reported about one of the biggest daily withdrawals of eligible gold from the JPM gold vault, it not on an absolute basis, then certainly on a relative, when in one day over 260k ounces of gold were withdrawn, leaving a record low 141.6k ounces, or just over 4 tons of gold in the vault. Subsequently, we tracked the daily additions and withdrawals of gold from the vault to see if any other major withdrawal request would come, instead discovering instance after instance of JPM reclassifying Registered gold into Eligible, which is how the vault saw its eligible inventory rish back to 195K ounces as of yesterday, without any actual net additions or more importantly withdrawals. It seems the pause of withdrawals has ended, and as of yesterday, another delivery led to a withdrawal of 53,658 ounces, or 28.5% of the total, leaving a fresh record low inventory of only 137,377 eligible ounces in the vault.

Do you know where your gold is? If you have your gold with a major bank or bullion bank in an allocated or unallocated account, MF Global made sure that you can not sue anyone for leasing out or stealing your gold.

Accounting gimmicks only work for a short period of time.

Latest Blog Post From Martin Armstrong dated May 5, 2013

Click here for Martin Armstrong’s latest blog post entitled Gold-The Plain Technical Truth-No Bullish dated May 5, 2013.

GEAB N 74

Groovygirl forgot to link up to the latest and greatest LEAP 2020 report out of Europe from April 16, 2013.That was when gold was tanking. Ended up better this week, we shall see what the new temp trading channel is soon.

Click here.

Latest Blog Post from Martin Armstrong dated May 2, 2013

Click here for Martin Armstrong’s latest blog post entitled Real Estate Beats Gold dated May 2, 2013. Good one!

From Martin’s post:

Both the euro and the yen are reflecting that we are indeed in a bull market for volatility and when everything turns again with 2015.75 on the ECM, the volatility will be twice as high as what we experienced between 2007-2009. That is where we can see the next phase transition in gold. Don’t forget, gold has yet to test the 1980 high adjusted for inflation which standards at about $2300 level. So forget the hype. Gold has NOT broken out yet nor has it truly made new highs in REAL terms – only nominal.