Heraeus Market Report

Good Morning,

A whole lot of nothing…That’s what the general consensus seems to be regarding yesterday’s release of FOMC minutes from the most recent meeting of the Fed minds. There’s no question that tapering will eventually happen but the “sooner or later” part of the equation has yet to be solved. All calculus, trigonometry and algebra aside, the simple sum of whether the job market is healthy and inflation reaches an optimum level will continue to be the proverbial trip wire for the beginning of the end of Quantitative Easing. After the dust settled, 10-year bond yields had surged to 2.9% and the DJIA had lost over 100 points by the end of the session. Gold closed the day at $1370.6 and now trades at the day’s high of $1374.8. The rest of the complex is in the green to start the day as will with silver up nearly 1% while platinum trades at $1523, having reached as high as $1529, and palladium hovering just below $750 an ounce. In domestic economic happenings, the weekly U.S. jobless claims increased 13,000 to 336,000 and while that is not necessarily a good sign, some critics would argue that because the more accurate four-week average stands at 330,500 and overall jobless claims remain near the lowest levels seen in more than 5 years, that employment may be poised for a comeback. We’ll see about that on September 6^th. U.S. manufacturing pushed further into expansion territory this month as data from Markit showed the index moved to 53.9 from 53.7 last month. Jackson Hole gets underway today and central bankers from around the globe will converge on the site to hear what Janet Yellen, the likely successor to Chairman Bernanke, has to say about the current state of affairs. Have a great day!

Tom Hungerford

Heraeus Metals New York LLC

Gold and Silver Financial Review 08/02 by Gold Radio Cafe | Finance Podcasts

Recorded LIVE Today at 12:00pm EST
With co-host Jeff Dunphy

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Macedonian Business Opportunity

Central Metals Corp., mentioned in the Windsor Star today about the possible opportunities of expanding our business into Macedonia.   LINK...



David Hall

Jun 03, 2013 - 4:00 PM EDT
Last Updated: Jun 03, 2013 - 4:46 PM EDT

Seeking to expand his three-year-old company’s horizons, Bosko Kacarevic is considering expanding his client base into Europe, perhaps starting with Macedonia.
A dealer in silver and gold bullion, the owner of Central Metals Corp. was one of about 20 business representative who attended a presentation Monday by Ljuben Tevdovski, Macedonian ambassador to Canada, at the Windsor-Essex Regional Chamber of Commerce.
“We already have clients in Canada, the U.S., Asia and England and we’re looking for ways to help people move money and increase their investment portfolio in Europe,” said Kacarevic. “My background is Serbian so I’m familiar with the business culture and language in Macedonia and I’m just here to hear how my company might be able to expand.”   LINK...

Bob Chapman Gold Coin

The Bob Chapman Estate Gold Coin
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This is a collector piece we're proud of and limited mintage will make this a rare valuable to remember a great mentor and teacher in the gold community. This masterpiece comes with a certificate approved by Mrs. Judith Chapman herself.
A percentage of all sales goes to the family estate of Bob Chapman.
FREE shipping in USA and Canada. International shipping available upon request. "OPEN ACCOUNT"

Price................... 3% over spot gold

Call:  844-411-8656 or mail@centralmetalscorp.com

1oz .9999 Fine Gold Bullion Coin

AM 800 "Experts-on-Call" With Bosko Kacarevic

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Gold Confiscation Started In 2006

"Fools Gold" In The 21st Century And The "New And Improved" Gold Confiscation Swindle
by Bosko Kacarevic

April 5, 1933 President Roosevelt announced Executive Order 6102 forbidding the hoarding of Gold Coin, Gold Bullion and Gold Certificates. Back then the USD was technically backed by gold, up until 1971 when President Nixon closed the Gold Window completely. Now the USD is a "fiat" paper currency backed by the full "faith and credit" of the US Government. Just saying that gives me chills. "Faith" in the USA is now questionable? "Credit" is definitely out of control with a national debt of over $16 TRILLION that will never be paid, not to mention the unfunded liabilities.
So the question is, will the USA confiscate your gold again? Ask yourself this: Is there a gold standard? Can the US FED just print the money they need? What is considered the global reserve currency today? As you can see there is absolutely no need for them to confiscate your gold when they can just create the money they need to operate, and that's exactly what they've been doing. What do you think TARP, QE, Stimulus and all the bailouts are all about? 
The angle that many gold commentators seem to overlook is the fact that governments and Central Banks around the world have no need to confiscate your gold because they can easily "confiscate your wealth" by expanding the money supply. It's really that simple. 
Now, here's the new and improved GOLD SWINDLE and the Fools Gold of the 21st Century. In my opinion, governments along with the help of banks have been confiscating your gold since about 2006 with the birth of paper gold, electronic gold, ETF's, ETR's and so on. Think about it? What do you really think these new derivatives of physical gold bullion really are? It's gold confiscation, because the money that you intended to invest in physical gold bullion is now in the "custody" of the banks, which really control the government, in my opinion anyway. The fundamental reason for owning gold to protect your wealth is backfiring. All you're doing by investing in paper gold is allowing THEM to continue "gaming the system."  So, you gold investors out there who are frustrated with the volatility in gold and tired of waiting for the BIG move, then get your money out of the banks custody and take the physical gold bullion out of the system. It seems that people have become so conditioned that the government doesn't even have to demand your gold with an Executive Order anymore. All they have to do is create a fancy new financial product that makes it "easy" to own gold. Let me tell you folks, real gold is anything but easy to own. Just ask a miner, refiner or a gold dealer like myself. First you have to find it, dig it out, refine it, store it, insure it, inspect it and protect it by any means possible. Remember that old saying, "if it's easy to get, then it's probably not worth having." Even in the 21st Century, "FOOLS GOLD" still exists in paper or electronic form, take your pick, it's easy, but don't complain when it's gone.
Folks, gold is never easy to own, otherwise it wouldn't be GOLD!

Gold Radio Cafe

The Gold and Silver Financial Review
With co-host Jeff Dunphy:  viatao@gmail.com

Listen to internet radio with Gold Radio Cafe on Blog Talk Radio

Gold Radio Cafe

The Gold and Silver Financial Review
With economist & co-host Jeff Dunphy:  viatao@gmail.com

Listen on Blogtalk: HERE

Gold Radio Cafe

The Gold and Silver Financial Review
With co-host Jeff Dunphy:  viatao@gmail.com

*SPECIAL GUEST*

Dr. Paul Craig Roberts
From the Institute for Political Economy

Listen to internet radio with Gold Radio Cafe on Blog Talk Radio

USD Headed For Rapid Collapse

By: Daryl GuppyCNBC Contributor
The lower the U.S. dollar the greater the intensity of currency wars. The break below the key uptrend line on the Dollar Index chart was an early warning of the third round of quantitative easing (QE3). The most important question now is to use the chart to examine the potential downside limits of a QE3 weakened U.S. dollar.   LINK...
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Remember, it's not about GOLD, it's about the USD losing confidence as the world's reserve currency. Who would have confidence in a currency that is being created to bail out failed institutions, buy mortgages and support a ghost of a manufacturing sector? The FED is working against you to take away your standard of living and dignity in retirement. Become your own Central Bank with our U-Vault Account and protect the value of your savings from a system that has gone haywire.   BK

Gold Radio Cafe

The Gold and Silver Financial Review
Listen Live on Blogtalk: HERE

Gold Radio Cafe

The Gold And Silver Financial Review
With economist Jeff Dunphy: viatao@gmail.com

Listen on Blogtalk:  HERE

Billionaire Frank Giustra Bets on Inflation

Bullish on Bullion

Barron's
By ALAN ABELSON

All of which gives us pause and makes us more than a bit wary. And so, oddly, does the brisk surge in gold to a four-month high. We say oddly because bullion has been one of the few investments that we've written about this year with consistent enthusiasm. Everything that was wrong with the global financial system seemed to us to add fresh luster to the yellow metal. More than ever, it seemed a reasonably safe harbor in a debt-laden world where paper currencies are being routinely debased to prop up failing economies. It didn't hurt, either, that the gold-mining stocks have been conspicuous laggards for quite a spell.   LINK...

Gold Radio Cafe

Economist Jeff Dunphy:  viatao@gmail.com

Gold Radio Cafe

S. Korean Central Bank Bought 16 Tonnes of Gold in July

Author: Christine Kim
Posted: Thursday , 02 Aug 2012 
Increased volatility in the global financial markets and falling confidence in the U.S. dollar have persuaded central banks to diversify their foreign reserves away from the U.S. currency and government debt securities.

Central banks became net gold buyers in 2010 for the first time in two decades and have remained buyers since, with an easing of prices this year helping the cause to accumulate more of the safe-haven reserve asset.

South Korea is Asia's fourth-largest economy and its foreign reserves of more than $300 billion ranked the seventh in the world and were equivalent to about 30 percent of its annual gross domestic product.

Gold accounted for 0.9 percent of the value of South Korea's total foreign reserves at the end of July, up from 0.7 percent a month earlier, the central bank said. The total book value of its gold holdings was at $3.0 billion, it added.

The South Korean central bank said it now ranked 40th in the world in gold holdings at the end of July, up from 43rd in June.

LINK...
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Become your own Central Bank with our U-Vault Account, and have you gold and silver fully insured in vault locations around the world.   BK

Gold Radio Cafe

Jeff Dunphy:  viatao@gmail.com

China Gold Trading Ring Took Billions

By An Baijie in Zhengzhou ( China Daily)

Police in Central China's Henan province rounded up 33 people suspected of illegal gold-futures trading in a case involving more than 5,000 investors and at least 380 billion yuan($59.62 billion).

The suspects, who had been trading since October 2008, had never registered with industrialand commercial authorities, as required by the law, said Guo Congbin, director of Luoyangpublic security bureau, on Tuesday.   LINK...

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Another case of paper promises gone bad. Physical gold with no counter-party risk is the only safety.   BK

Investor Stakes Life on Gold

Dear readers,

We are celebrating!
It has been two years since we were interviewed by the Windsor Star about our business, and I would just like to re-cap on a few points from the article, "Investor Stakes Life on Gold."

1. Gold was trading in the $1,200/oz range back then and hit a high of $1,925/oz in 2011 and is now trading in the $1,580/oz range. The bullish trend is still in tact.
2. Our business has grown by many multiples since 2010 and we expect continued growth in the years ahead. We have introduced new services like the "U-Vault Account" and a successful radio show, "Gold Radio Cafe."
3. Generally speaking equity markets have returned 3-4% since July 2011 and gold has returned over 30%.
4. Political, financial and economic conditions around the world are worse now than in 2011, which  builds the case for much higher gold prices in the near future.
5. We are facing a period in history where the entire monetary system is changing and gold will be the ultimate store of value and safety, as it has always been in troubled times.

Thank you for your continued support to all my valued customers.

Sincerely,
Bosko Kacarevic