informationliberation
The news you're not supposed to know...




Austrian Economics: Understand Economics, Understand the World
The Century of the Self: The Untold History of Controlling the Masses Through the Manipulation of Unconscious Desires
The Disappearing Male: From Virility to Sterility

The Obama Deception: The Mask Comes Off
Operation Gladio: The Hidden History of U.S. Sponsored False Flag Terrorism in EuropeThe New American Century: The Untold History of The Project for the New American Century
(more)
Article posted Mar 13 2013, 6:59 AM Category: Economy Source: Bloomberg Print

Gold Sales From Soros Reveal 12-Year Bull Run Decay


Contrarian indicator.Gold’s worst start to a year in a quarter century and the biggest sales by investors on record are increasing concern that bullion’s longest rally since the end of World War I is ending.

Investors sold 106.2 metric tons valued at $5.4 billion from exchange-traded products in February, the most since their creation in 2003, data compiled by Bloomberg show. Another 26.1 tons was cut since then. Credit Suisse Group AG and Barclays Plc say the 12-year rally will peak in 2013 and billionaire George Soros reduced his stake in the biggest ETP by 55 percent in the last quarter. Prices are within 5 percent of a bear market after the longest run of monthly losses since 1997.

Hedge funds are now their least bullish since 2007 as economies accelerate and Federal Reserve policy makers review stimulus. Bullion as much as doubled after central banks, led by the Fed, started buying more than $3.5 trillion of debt from December 2008 to restore growth. With global equities at a four- year high and the dollar near its strongest in seven months, eight of 13 analysts surveyed by Bloomberg said they expect lower average gold prices in 2014 than this year.

“There is a belief that the world economy is improving,” said John Toohey, a San Antonio, Texas-based vice president of equity investments at USAA Investments, which manages more than $54 billion of assets. “We are especially seeing the signs in U.S. and that may at some point lead to higher interest rates. It seems as if the fast money is moving out of gold.”

Full Article »





Latest Economy
- Video: Obama Supporters Endorse Karl Marx As Next POTUS
- Are the Ruling Elites in China Now More Pro-market than the Ruling Elites in the USA?
- U.S. Government Debt Is Now at a Once-Unimaginable Level
- Ross Ulbricht, Martyr for Progress, and the Rise of Darkcoin
- Do We Need the State to License Professionals?
- How Government Helped Create the Coming Doctor Shortage
- Video: Obamacare Supporters Sign Petition to Extend Obamacare to Pets
- How Much Longer Can the U.S. Economy Bear the Burdens?









No Comments Posted Add Comment


Add Comment
Name
Comment

* No HTML


Verification *
Please Enter the Verification Code Seen Below
 


PLEASE NOTE
Please see our About Page, our Disclaimer, and our Comments Policy.


FAIR USE NOTICE
This site contains copyrighted material the use of which in some cases has not been specifically authorized by the copyright owner. Such material is made available for the purposes of news reporting, education, research, comment, and criticism, which constitutes a 'fair use' of such copyrighted material in accordance with Title 17 U.S.C. Section 107. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner. It is our policy to respond to notices of alleged infringement that comply with the DMCA and other applicable intellectual property laws. It is our policy to remove material from public view that we believe in good faith to be copyrighted material that has been illegally copied and distributed by any of our members or users.

About Us - Disclaimer - Privacy Policy



Advanced Search
Username:

Password:

Remember Me
Forgot Password?
Register

Female Cop Escapes Punishment After Casually Beating & Bloodying Woman Who Called 911 For Help - 03/03Nevada Cops Pull Women From Car After Driver Refuses to Roll Window Fully Down - 03/02Report: Cops Tased Man Repeatedly "Until His Heart Blew Out" - 03/03Jury Acquits Hollywood Man Who Said He Grew Pot Because He Medically Needed It - 03/03Federal Appeals Court Endorses Suspicionless Detention Of Air Force Officer - 03/03Texas Town Experiences 61% Drop in Crime After Firing Their Police Department - 03/02Feds Raid Texas Political Meeting; Fingerprint And Photograph All Attendees, Seize Phones - 02/27Cop Arrested After Taking Photos Of His Wife Kissing Police Chief: Divorce Complaint - 03/03

Man Follows Speeding Cop, Finds Out He Was Speeding To Buy PeanutsMission Creeps: Homeland Security Agents Confiscate Women's Panties For 'Copyright Infringement'Cop Shoots Couple's Dog, Threatens Jail For Trying To Save Dog's LifeSWAT Team Shoots Teen Girl & Her Dog During Pot Raid On Wrong HomeDurham, NC Cop Testifies Faking 911 Calls To Enter Homes Is "Official Policy"Indiana Sheriff Says US A "War Zone" To Justify New MRAP Military VehicleTampa Cops Surveil Pot Dealer, Catch Him Selling Pot, Raid His Home & Kill Him"You Just Shot An Unarmed Man!": Witness Says Police Shot His Friend With His Hands Up
(more)

 
Top