Aggregated Awareness

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 WA Today, comes an obsure commentary on why Iceland's decision, to allow it's European & English Bankers to take a loss on the country's domestic bank and sovereign bond holdings, was a far better decision than that taken by its neighbour across the Atlantic, Ireland, who sold out their own citizens in favour of retaining par value on its domestic bank and sovereign bond holdings for its foreign bondholders (ed. read German, Dutch & English banks).

From Zerohedge.com via Behaviorgap.com comes this excellent series of 69 sketches explaining Finance in easily understood terms.

Highly recommended viewing.

It is important to know, that the price of one of the foundational pieces of the post-Bretton Woods, post-1971, monetary system - the US Long Bond - is falling through support levels like a hot knife through butter. Or a better analogy would be 'a falling safe'.