Aggregated Awareness

"To any thinking individual, it is totally incomprehensible that governments and central banks believe that an insolvent world can be saved by debt issued by bankrupt nations and then bought by the issuers themselves as there is no other buyer. This is the perfect recipe for self-destruction and "total catastrophe of the system." " - Egon von Greyerz

The 2011 Sydney Gold Symposium was held at Luna Park during 2 days in mid November.

Keynote speakers included: Eric Sprott & John Embry (Sprott Asset Management); Ben Davies (Hinde Capital); Alf Field; Richard Karn (Emerging Trends Report); Egon von Greyerz (Matterhorn Asset Management); Dan Denning (Daily Reckoning); David Evans (GoldNerds); Louis Boulanger (LB Now) & Gavin Thomas (Kingsgate Consolidated).

The 2011 Sydney Gold Symposium was held at Luna Park during 2 days in mid November.

Keynote speakers included: Eric Sprott & John Embry (Sprott Asset Management); Ben Davies (Hinde Capital); Alf Field; Richard Karn (Emerging Trends Report); Egon von Greyerz (Matterhorn Asset Management); Dan Denning (Daily Reckoning); David Evans (GoldNerds); Louis Boulanger (LB Now) & Gavin Thomas (Kingsgate Consolidated).

From James Turk's Goldmoney Foundation channel on Youtube comes this excellent interview with Jim "Mr. Gold" Sinclair:

Some seven days ago as of this writing, back on the Saturday 16th July 2011 (or Friday 15th July to our European & American readers), I was doing my routine market commentary reading when I noticed something peculiar about one of the charts in GoldCore’s post for that day.

Australian Dollar Gold Chart

You see, being a native of the Antipodes, I take very careful note of the Australian & New Zealand Dollar precious metals prices.

And with having done so for the past 7 years, one develops a familiarity with the imprint of its chart pattern, in one’s mind. Particularly when it comes to the longer term weekly charts for gold & silver, going back 5 years or more, and particularly in the Australian Dollar.

Here is my longer term weekly chart, of the Australian Dollar gold price:

One feature of its distinctive shape that I wish to point out to readers now, is the extreme & absolute spike high at A$1565/troy oz. back in late February/early March 2009.

From GATA comes this sole report on the recent US House Subcommittee on Domestic Monetary Policy and Technology hearing into the US Gold Reserves, and whether or not any of it is encumbered (owned by another party) by any other entity, such as the IMF, and other counterparties.

Quite a few interesting exchanges ensues, with no definitive or authoritative answer being provided to the questions being posed by the sub-committee members.

"Gold is the money of kings; silver is the money of gentlemen; barter is the money of peasants; but debt is the money of slaves." - Money and Wealth in the New Millennium, by Norm Franz, copyright © 2001, Whitestonepress, page 154