http://usawatchdog.com/hyperinflation-and-complete-collapse-nick-barisheff/ - Nick Barisheff, CEO of the $650 million Bullion Management Group, says, "We've passed the point of this getting fixed." Barisheff thinks if the Fed's gold holdings are ever audited, there will be a "gigantic short-covering rally . . . multiple bankruptcies . . . and a massive loss of confidence" in the dollar because much of the gold is gone or leased out. Barisheff thinks the gold price could be "easily double" right now. That's because Barisheff believes, "What's kept the price down is the artificial leased gold going onto the markets." Join Greg Hunter as he goes One-on-One with Nick Barisheff.
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Tracking all things that relate to and affect the price of gold.
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Nepal Gold and Silver Dealers Association said import value of gold shot up by double digit during the six-month period even though daily imports of gold through formal channel remained unchanged at 15 kg.
KATHMANDU(BullionStreet): Nepal imported 14.38 percent more gold during the first half of this fiscal as against the same period of last fiscal year.
According to Nepal Trade and Export Promotion Center, the nation imported gold worth Rs 13.28 billion in the six-month period to mid-January as against Rs 11.61 billion recorded in the same period last year.
The Center attributed the hike to international price hike of the precious yellow metal and depreciation of Nepali currency. ...
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Now why in the world would they want gold, hmmm? LOL Delete the scoop?
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