Changes Latest as at Nov2011 IFS - Changes (World Gold Concil)

Changes Latest as at Nov2011 IFS - Changes

World Official Gold Holdings as of November 2011 IFS

World Official Gold Holdings as of November 2011 IFS

"According to China's National Foreign Exchanges Administration China 's gold reserves have recently increased. Currently, the majority of its gold reserves have been located in the U.S. and European countries. The U.S. and Europe have always suppressed the rising price of gold. They intend to weaken gold's function as an international reserve currency. They don't want to see other countries turning to gold reserves instead of the U.S. dollar or Euro. Therefore, suppressing the price of gold is very beneficial for the U.S. in maintaining the U.S. dollar's role as the international reserve currency. China's increased gold reserves will thus act as a model and lead other countries towards reserving more gold. Large gold reserves are also beneficial in promoting the internationalization of the RMB."

http://cables.mrkva.eu/cable.php?id=204405

Bargain time for gold and silver investors

http://www.commodityonline.com/news/bargain-time-for-gold-and-silver-investors-44455-3-1.html

The single biggest gold buying opportunity of the decade is here. Will you buy?

http://www.commodityonline.com/news/The-single-biggest-gold-buying-opportunity-of-the-decade-is-here-Will-you-buy-44461-3-1.html

Why gold seen extremely bullish in 2012: Twelve factors

http://www.commodityonline.com/news/Why-gold-seen-extremely-bullish-in-2012-Twelve-factors-44459-3-1.html

Economist: True Fed Exposure $29 Trillion

http://www.newsmax.com/StreetTalk/Economist-Fed-Exposure-Trillion/2011/12/13/id/420763

Rick Rule - I Personally Bought Over $10 Million This Week

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/12/16_Rick_Rule_-_I_Personally_Bought_Over_$10_Million_This_Week.html

Here's to Jim Beam, Gold & Silver, Indentured Servitude, & 40% Unemployment

http://silverdoctors.blogspot.com/2011/12/heres-to-jim-beam-gold-silver.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+Silverdoctors+%28SilverDoctors%29

Lamestream media "reporter" says gold is down and people may be selling because gold is not backed by anything and the U.S. dollar is backed by the Government.

The Federal Reserve Has been CHECKMATED! QE to Infinity

Fitch Affirms France at 'AAA'; Outlook Revised to Negative

http://www.fitchratings.com/creditdesk/press_releases/detail.cfm?pr_id=736946&referral=RSS&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+FitchRatingsHeadlines-EuropeMiddleEastAfrica+%28Europe%2C+Middle+East%2C+Africa+%28EMEA%29+Headlines%29&utm_content=FeedBurner

Fitch Affirms Barclays Bank plc's Mortgage & Public Sector Covered Bonds at 'AAA'

http://www.fitchratings.com/creditdesk/press_releases/detail.cfm?pr_id=736921&referral=RSS&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+FitchRatingsHeadlines-EuropeMiddleEastAfrica+%28Europe%2C+Middle+East%2C+Africa+%28EMEA%29+Headlines%29&utm_content=FeedBurner

Fitch Places Belgium, Spain, Slovenia, Italy, Ireland and Cyprus on Rating Watch Negative

http://www.fitchratings.com/creditdesk/press_releases/detail.cfm?pr_id=736942&origin=home

Silver Update 12/15/11 Trolls, Shills, and Shysters

Debt crisis: Brussels accord on the verge of collapse

http://www.telegraph.co.uk/finance/financialcrisis/8959632/Debt-crisis-Brussels-accord-on-the-verge-of-collapse.html

Fitch: US Government Support for Banks Declining

http://www.nytimes.com/aponline/2011/12/15/business/AP-US-Fitch-US-Banks.html?_r=1&emc=eta1

Eurozone-IMF rescue operation in doubt. EU leaders decided last week to boost the International Monetary Fund's firepower with an additional €200 billion, but poorer East European countries are wrangling over their contributions.

http://www.euractiv.com/euro-finance/eurozone-imf-rescue-operation-doubt-news-509776?utm_source=EurActiv+Newsletter&utm_campaign=9e4d713cd3-my_google_analytics_key&utm_medium=email

Corzine Denies Knowing That MF Global Was Tapping Client Funds

http://dealbook.nytimes.com/2011/12/15/corzine-denies-knowing-mf-global-was-tapping-client-funds/

"The gold time bomb takes the form of a possible panic out of paper gold into physical metal when counterparty risk reaches an extreme level whereas a new gold standard would complement modern financial markets by serving as the ultimate asset: gold with mobility and no counterparty risk." Tom Szabo

http://www.safehaven.com/article/23670/negative-lease-rates-and-the-ticking-gold-time-bomb?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+safehaven%2Fall-articles+%28Safehaven+-+Most+Recent+Articles%29

Capital Account: Gold sinking, Dollar rising - are we facing a Financial Crisis worse than 2008?

Farage - Calls for Referendum on EU Membership will Become Louder

Turkish military on war preparedness after Syrian Scud Ds moved to border

http://www.debka.com/article/21577/

Fitch downgrades debt ratings on Bank of America Corporation, Barclays plc, BNP Paribas, Credit Suisse AG, Deutsche Bank AG, The Goldman Sachs Group, Inc., Morgan Stanley, Societe Generale & UBS AG

http://www.fitchratings.com/creditdesk/press_releases/detail.cfm?pr_id=736711&referral=RSS&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+fitchratings%2FPBvV+%28All+Fitch+Headlines%29&utm_content=FeedBurner

Fitch Downgrades 8 Global Banks Including BNP, SocGen, BofA, Deutsche, And Morgan Stanley

http://www.zerohedge.com/news/fitch-downgrades-8-global-banks-including-bnp-socgen-bofa-deutsche-morgan-stanley-and-ubs

This week Max Keiser and co-host Stacy Herbert discuss re-hypothecating Alec Baldwin's cake and eating it too. And, as Al Capone before him, JP Morgan's Jamie Dimon complains of the thankless task of being a "public benefactor". In the second half of the show, Max talks to Reggie Middleton about German debt and MF Global

Monetary Revolution

Jim Rickards - The US Treasury Shorts the Dollar

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/12/16_Jim_Rickards_-_The_US_Treasury_Shorts_the_Dollar.html

Moody's Turns To Canada: Ontario Outlook Revised To Negative, "Softening Economic Outlook" Cited

http://www.zerohedge.com/news/moodys-turns-canada-ontario-outlook-revised-negative-softening-economic-outlook-cited?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29

Must Read: Presenting The MF Global Black Box: A Minute By Minute Breakdown Of The Doomed Broker's Last Week On Earth

http://www.zerohedge.com/news/must-read-presenting-mf-global-black-box-minute-minute-breakdown-doomed-brokers-last-week-alive?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29

What Gold Supply Crunch?

http://www.caseyresearch.com/articles/what-gold-supply-crunch?ppref=ZHB428ED1211B