Gold and What Moves it.
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Tracking all things that relate to and affect the price of gold.
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Gold and silver are very close to a breakout by Peter Grandich

Peter Grandich writes:

 

"... Gold and silver are very close to a breakout and a run to the biggest resistance number for gold in quite some time ($1,800). ..." click through for the chart.

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Ireland remains silent on Gold reserves with BoE

The bank further said it had not entered into any lease arrangements regarding any of its gold but would not provide specific details of its storage arrangements with the Bank of England.

 

DUBLIN(BullionStreet): Irish authorities remained silent over it's gold storing arrangements with the Bank of England despite recent controversies.

 

The Central Bank of Ireland stuck with the two earlier statements which said the value was 235 million pound last time it checked. This represents just over 1 per cent of its total investments.

 

The bank further said it had not entered into any lease arrangements regarding any of its gold but would not provide specific details of its storage arrangements with the Bank of England.

Hal's insight:

If you don't hold the gold, than do you really own it?

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