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See this google translated article from Spain discussing that the Bank of Spain governor must have some juicy details on what has really gone on behind the scenes with respect to Bankia. We can only hope he talks after Jume 10th when he resigns. See link here.

Well Citi is putting out Jan. 1st 2013 as the Greek exit date. I guess Jan. 2nd 2013 is when we should expect a big gold jump… See article here.

Below is an interesting read on silver, some facts I hadn’t run across before. I have an investment in McEwen Mining so the authors comments on Mexico silver (think MUX’s El Gallo play) was interesting that Mexico likely only has 10 yrs supply and may consider restricting exports of silver or monitizing silver. See article [...]

An interesting article out of Germany on possible bank runs that may be developing in slow motion. It also notes experts asking that the ECB backstop more loans since a runaway bank run would be very hard to stop. I wonder how many in North America have even $100-200 in cash at home? See full [...]

I attended the McEwen Mining AGM this afternoon, here is an update Ian noted Argentina government hassles will delay funds.  They must go thru central bank.  Funds must be moved into peso’s, then you need to get permission to transfer funds out of the country, this is expected to cost them $1.5 million this year. also [...]

A modest pension fund in Japan has decided to take a 1.5% exposure to gold. The more interesting part is Nomura has recently decided that they would actually measure gold in their retail investor survey. It now ranks as the 3rd most desirable investment. So how do we know gold ins’t near a bubble, CAUSE [...]

Eric Sprott has heard that JPM is likely over $4 Billion + in losses now. See attached link.

It would seem Greece was in serious depression territory before the election. January – March 2012 GDP dropped 6.2%. See article here.

Below is a link to an interesting read. Lots of rumours and possible conspiracy theory but if even part of what is said is true we could be on the cusp of some great moves up in gold. I don’t think anyone can argue that the Chinese are very likely picking off physical at current [...]

With the regular 9 o’clock wacking in gold currently taking place witha pullback to 1615 presently, it’s ironic to note that China imported 135 tons on gold in Q1 2012 vs 19 tons in Q1 2011, a 6 X increase. It should also be noted that 62 tons on this was in March so there [...]