Another mysterious IMF gold sale -- plugging the London leaks?

Another unexplained sale of gold by the International Monetary Fund turned up today in another Reuters story based on another statement from the World Gold Council.

Europe's Web of Debt

Banks and governments in these five shaky economies owe each other many billions of euros — converted here to dollars — and have even larger debts to Britain, France and Germany. Arrow widths are proportional to debt amounts.

Bill Clinton Praises the Gold Standard

File this under unexpected. Former President Bill Clinton blames the current financial crisis on the U.S. leaving the gold standard. During an interview conducted at the Peterson Institute by Bob Schaeffer, Clinton sounded like a hardcore gold bug as he said that the problems in the economy started when the U.S. went off the gold standard.

Commercial banks buy gold to meet demands

Dealers claim regional banks are stockpiling gold for clients who want their deposits saved in the yellow metal.

Australian Bond Risk Surges Most in 10 Months on Debt Fears

The cost of protecting Australian corporate bonds from non-payment surged the most in more than 10 months after the euro, U.S. and European stocks plunged on fears Greece’s debt crisis may spread.

China, the gorilla in the Third Gold War

MineWeb's Lawrence Williams tonight describes a fascinating new issue of Paul Mylchreest's occasional financial letter, the Thunder Road Report, which explains what Mylchreest calls the "Third Gold War."

China May ‘Crash’ in Next 9 to 12 Months, Faber Says

Investor Marc Faber said China’s economy will slow and possibly “crash” within a year as declines in stock and commodity prices signal the nation’s property bubble is set to burst.