Gold is a commodity and its value is subject to the law of supply and demand.

You can say gold is basically real money in all the senses due to its value. It is not like the paper money of the currency of US which only print unlimited money. Whereas countries like Singapore does not print currency.

Gold will soon become more valuable as the press will release more and more money and in this way people will try to buy more gold for them and to save it.

The more supply, the value will automatically fall down badly. The value goes up when the supply of anything is less.

It will require more money to purchase an ounce of gold when you have limited amount of gold and the supply of dollar is unlimited. It cannot be avoided that dollar always fall but at the same time gold prices get more and more high.

The dollars of America in the circulation are just for the IOUs and it will be fine if the reserves of gold were in the Fort Knox to back up the IOUs, but what will happen then if there will be no gold present in Fort Knox?

This query dates back of the Great Depression days.

The American people given the vote for change in November 1932 and as a president they elected New York governor who was Franklin Roosevelt. Executive order 6102 was issued by him who immediately finished the ownership of the gold coins, even bullions and certificates by the citizens themselves.

He explained that why he did and took this step. He wanted that people to take the loan from the government during the great Depression. In his period only the American gave the gold to the US treasury. 

In Fort Knox there was a lot of gold present, it was told by the treasury department that Fort Knox Depository held 649.6 million ounces of gold as dated Dec. 31, 1941. This was around 20,000 tons of gold.

The cold war which was supposed to be world war II and the Korean war, the Vietnam War and also a long string of few US military who were engaged and committed till now.

A lot of money is given to the big wars and the people of that nation which means government. It is stated by the treasury department that there are 147.3 million ounces of gold in Fort Knox. This is supposed to be less than 23% of the original quantity taken by the people in the early 1930 and returned back in 1941.

You don’t need to worry for this. In Fort Knox, The official Treasury Department statement on the matter of gold is that "The only gold removed (from Fort Knox) has been very small quantities used to test the purity of gold during regularly scheduled audits. Except for these samples, no gold has been transferred to or from the Depository for many years."

The Treasury Department adds in it, "The Depository is a classified facility. No visitors are permitted, and no exceptions are made."

We never like that any visitors to keep an eye in the Fort Knox Depository, shall we? 
Why we take the words of anonymous people who are the federal managers? Actually nobody exactly knows what is inside Fort Knox. You can take an example; you have seen the film of James Bond. So it is just a movie but that is not real.

If you get the knowledge from any independent source so it is not something bad. We can understand the need to keep the Fort Knox secure so that it can remain safe. From the US Treasury Department there is no need to have a declaration statement. It is not out of line to know about the national gold depository.

President Ronald Reagan said, "Trust, but verify."

The gold supply is the important part of the US monetary base. It assures the quality and amount of the gold which is very important. It keeps the nation’s powerful weapon in full control.

What can be the result of the gold audit? There can be two possibilities.

A new series of issues for the gold market and the federal monetary authorities will be missing which will be independent audit needed as same as the gold is required.

It is now common every where to get the gold on same prices. It really does not make any sense. The demand of gold on one way is increasing rapidly.

Next, why the prices of gold are too high? What are the prices doing? The first thing that comes on our mind is Mediocre. In the whole world it has been noticed that the fireworks have taken place all around.

On few areas there is some links which are connected with each other.

Isn't the old law of supply and order still in effect? Isn't it still true that when people want more of incredible, its supply decreases and its price head north?

Or did the law acquire revoked, and we just not at all got the memo?


The things taking place on the Wall Street is something which you don’t know about. The stock are decreasing and getting worse loss in the value and how government is not taking any step.

This will be left on your brain forever as a memory.

There always a rush for the precious metals which are gold silver in many areas which includes Europe to Asia and even to America all over the world.

In one of the story which was in London’s Evening Standard, the sale of gold coins have been halting and said. "German gold dealers say demand has skyrocketed this past week to 10 times normal so no more orders can be taken for the foreseeable future."

The producer of gold and silver Philharmonics who is Muenze Osterreich was given report by Toni Straka of SeekingAlpha.com in which the third work was added to get more coins which was the extraordinary demand. 
The sale of these popular coins has stopped now which was after the introduction of gold Eagles 20 years
ago. It decided to give more quality supply to the dealers who buy those products.

It has spread widely. It has been predicted by Paul Joseph Watson that nowadays people are running towards eBay. He said "Since buyers are finding it near impossible to get gold bullion from recognized dealers, many are turning to eBay where auctions for one ounce Krugerrands and Maple Leafs are fetching anything up to 150 ($260) over spot price."

The demand for gold is increasing rapidly.

Its prices are also increasing with the increase in its demand.

What is this actually?

It is like that the tank of gas is full but the gauge is nil.

This is the prediction of many experts that in spite of $800s or $900s the gold rates should have gone to above something $1,100 an ounce. This is the conservative estimate which is provided to the destruction to the nation.

Why the separate? The Market Oracle's Alex Wallenwein believes he knows:

"Gold is gold, paper is paper, and 'Comex gold' is nothing but paper masquerading as gold while simultaneously pretending to be the price-setting medium for actual gold in the world. Now, finally, Comex-gold is in the process of being unmasked."

He further told that what this reveal has unmasking:

"The real supply and demand determinants for Comex gold are not actual gold investors but fund managers. Fund managers are inextricably intertwined with the world of contract-based credit instruments. They bet on Comex gold contracts to hedge their other (currently horrendously losing) bets with something they all, in their in-bred belief in paper markets, believe will 'go up' in value while everything else is going down."

Another perspective was taken by Trader Dan Norcini from jsmineset.com. it has been known that when the funds get redemption from the clients which need them badly who now wanted money in spite of investing on it, their manager are emphasized to give them to produce money in return.

Read more about this article here.


Is it a serious issue which is running here?

Are really the prices are red hot which pouring water on the metals with their forced redemption? Does the
Comex version somehow look alike with the happening of the dealers? Are the supplies and need in the real world?

It has been understood that the metal prices are shamelessly manipulated. This is the perspective from the anecdotal of a gold dealer.

The price is so low but the demand for it is so high.

Is the American Gold Eagle ready of gold?

The president of Lear Capital named Kevin DeMeritt who is also a author who publish focused on more than 1000 programs of the radio which are Rush Limbaugh and Coast to Coast with George Noory which explained the economy of the present and shown the clear picture.