notanewmember

Hmm if gold clears $1400, then that's a 2 year new high. North Korea's H-bomb detonation today could be the catalyst. This could be the end of the stock bull run, and a resumption of the dow/gold run to 1-1 ratio.

The low oil price and rising gold (breaking above the $1300 area now), makes gold stocks on the radar again. $1400 gold would be a 3 year new high, and that would be quite bullish. The North Korean missile launch over Japan appears to be the catalyst on this move. I can't see how North Korea are going to back down, and this situation will reach a crescendo at some point.

Doesn't look good at $1316. Have scaled out of some positions to lock in the small amounts of profits. Will be entirely out of the trading positions if it is $1280 or less. Gold will have to clear the next major round number of $1400 to get me interested.

Interesting chart - now where have they really put their money? There's a lithium ETF "LIT", but I generally don't like ETFs.

BP. Down 9% today on awful results. BUT they are maintaining the dividend. Sharephrophets are dipping a toe into BP. http://www.shareprophets.com/views/18443/tom-winnifrith-bearcast-2-feb-why-we-are-buying-bp-today-at-335p

We are seeing £1/Litre for 4 star petrol. If there was an easy way to buy petrol without the issue of contango, I would probably be investing in this for the long term. I buy and use it each week.

Top chart - 5 year USD dollar / Saudi SAR exchange rate Bottom Chart - Crude Oil ETF You can see the birth pangs of trouble appearing after the red line, that I've drawn, once Crude fell down in the 3rd quarter of 2014 (at around $90 a barrel the ETF uses a different value), Saudi currency reserves might have been used to keep that dollar/SAR peg. That is why we might be seeing that volatility in recent years. Hold onto your gold bars - as Rothschild once said in 2008.

It might be worth keeping an eye on the Saudi SAR vs the Dollar http://www.telegraph.co.uk/finance/12007991/Speculators-test-Saudi-currency-as-oil-crisis-deepens.html

I don't think this has been posted, and there are no duplicate sources of the source of this, only paraphrases: http://seekingalpha.com/article/3421396-the-big-long-goldman-sachs-and-hsbc-buy-7_1-tons-of-physical-gold The 'Big Long' - Goldman Sachs And HSBC Buy 7.1 Tons Of Physical Gold Aug. 10, 2015 3:40 AM ET SummaryOn August 6, 2015, Goldman Sachs, which has issued very bearish forecasts on long-term gold prices, took delivery of a 3.2-ton purchase of physical gold. On August 6, 2015, HSBC which also claims to be bearish, took delivery of a 3.9-ton purchase of physical gold. In both cases, the purchases are registered as being for the benefit of the bank's own house account, rather than the accounts of customers. Investors should do as the banks do, not as they say.

^ and Facebook is his next largest holding, and he has recently added. I can't find any statement as to why he is buying gold, and more Facebook? It seems a odd combo.

That would be crushing news for smaller oil producers. But like the BOE and other talking heads, don't listen to what they say but what they do. When money and power is involved, inside knowledge is the key. We are all outsiders, and can only follow the trend after the price action. Do I believe Ali al-Naimi 100%? No. Their position can change, once their objectives are met. Anyone proficient at shorting might be looking at frackers/shalers with no positive cashflow. That could be where the Sauds are hedging their losses in oil production. Net, net, they are either breaking even or still making tons of money. That is the beauty of market monopoly.

All quiet on the western front. I can't see any buy signals yet. A two year new high would be just over $1400. I can't change my signature, but stick waiting has been the right thing to do.

Yes, however they have made the site an Ipad/Windows 8 abomination! I don't follow the podcasts, but they are still releasing them http://kingworldnews.com/broadcast/ You have to click into the links to see the dates of when they were recorded.

Ukraine Central Bank Conned Into Swapping Its Gold For Lead Bricks http://www.zerohedge.com/news/2014-12-22/ukraine-central-bank-conned-swapping-its-gold-lead-bricks $300,000 in gold missing from Ukraine Central Bank after swapped for lead bricks http://rt.com/business/216687-gold-missing-ukraine-bank/

Well, gold is looking better if you live in Russia (the Rouble has been dropping like a stone)