Bianco on Treasuries, Gold, Investment Strategy!

Aug. 9 (Bloomberg) -- James Bianco, president of Bianco Research LLC, talks about the outlook for Treasuries and gold prices. Bianco, speaking with Tom Keene, Scarlet Fu and Sara Eisen on Bloomberg Television's "Surveillance," also discusses investment strategy in equities.

Gold Price Seen at $1,700 in 2012 on U.S. Stimulus!

Aug. 6 (Bloomberg) -- Nick Trevethan, senior commodities strategist at Australia & New Zealand Banking Group Ltd. and David Wilson, an analyst at Citigroup Inc., discuss the outlook for gold prices and demand in India and China. They speak from Singapore and London with Maryam Nemazee on Bloomberg Television's "The Pulse."

James Turk "History Will Repeat Itself, $11,000 Gold 2013-2015!

There are 3 types of investors: 1) The Smart money investors get in before everyone else. They are in front of the trend. Imagine being one of the first Apple investors, now that's smart money. 2) Bubble investors are investors who are getting in just as the bubble or bull market is hitting full speed. Typically the average investor. 3) Dumb money investors are the people who have waited so long, the trend is now coming to a close, but they buy anyway basing their decision off of the history of the trend and the dream to make a profit. Clearly the smart money is what we want to be. Placing our money in front of the trend, not during and especially not after. By knowing the big picture, we can feel much more confident about our own financial future. Most have turned their 401Ks into nothing more than a casino game based on luck. Our view is it doesn’t have to be that way. Education is the key to investing, not luck. http://www.futuremoneytrends.com/ 

Status Report of U.S. Treasury-Owned Gold June 29, 2012!

Status Report of U.S. Treasury-Owned Gold

Return to Gold Report Homepage
Current Report: June 29, 2012Department of the Treasury
Financial Management Service
STATUS REPORT OF U.S. TREASURY-OWNED GOLD
June 29, 2012
Summary Fine Troy Ounces Book Value

Gold Bullion 258,641,851.485 $10,920,427,976.14
Gold Coins, Blanks, Miscellaneous 2,857,047.831 120,630,844.95

Total 261,498,899.316 11,041,058,821.09

Mint-Held Gold - Deep Storage

Denver, CO 43,853,707.279 1,851,599,995.81
Fort Knox, KY 147,341,858.382 6,221,097,412.78
West Point, NY 54,067,331.379 2,282,841,677.17
Subtotal - Deep Storage Gold 245,262,897.040 10,355,539,085.76

Mint-Held Treasury Gold - Working Stock
All locations - Coins, blanks, miscellaneous 2,783,218.656 117,513,614.74
Subtotal - Working Stock Gold 2,783,218.656 117,513,614.74

Grand Total - Mint-Held Gold 248,046,115.696 10,473,052,700.50

Federal Reserve Bank-Held Gold

Gold Bullion:
Federal Reserve Banks - NY Vault 13,376,961.126 564,804,727.98
Federal Reserve Banks - display 1,993.319 84,162.40
Subtotal - Gold Bullion 13,378,954.445 564,888,890.38

Gold Coins:
Federal Reserve Banks - NY Vault 73,808.979 3,116,377.47
Federal Reserve Banks - display 20.196 852.74
Subtotal - Gold Coins 73,829.175 3,117.230.21

Total - Federal Reserve Bank-Held Gold 13,452,783.620 568,006,120.59

Total - Treasury-Owned Gold 261,498,899.316 $11,041,058,821.09

Deep Storage: Deep-Storage gold is the portion of the U.S. government-owned Gold Bullion Reserve that the U.S. Mint secures in sealed vaults, which are examined annually by the Department of Treasury's Office of the Inspector General. Deep-Storage gold comprises the vast majority of the Reserve and consists primarily of gold bars. This portion was formerly called "Bullion Reserve" or "Custodial Gold Bullion Reserve."

Working Stock: Working-Stock gold is the portion of the U.S. government-owned Gold Bullion Reserve that the U.S. Mint uses as the raw material for minting congressionally authorized coins. Working-Stock gold comprises only about 1 percent of the Reserve and consists of bars, blanks, unsold coins, and condemned coins. This portion was formerly listed as individual coins and blanks or called "PEF Gold."

  Last Updated: January 12, 2012 Source: http://www.fms.treas.gov/gold/current.html