07.16.18- South African Mint Gets it Right with 2018 South African Silver Bullion Coin
James Anderson

A sovereign coin, silver, a Krugerrand, and a sweet price to boot! The South African Mint really hit it out of the park with this one! Here’s the details…

Many precious metal bullion buyers have been hoping for a competitively priced 1 oz Silver Krugerrand bullion coin.

After last year’s higher price limited issuance, it appears the South African Mint has heard silver bullion buyers loud and clear having just released their first competitively priced Silver Krugerrand Coin. Read More

07.14.18- Everyone is Hoarding Gold
Tom Lewis

As de-dollarization continues, and even tiny nations have big plans for upping their gold reserves. Here’s the details…

The tiny nation of Kyrgyzstan has big plans. Caught between its giant trading partners, China and Russia,Kyrgyzstan is stockpiling goldIt wants to increase gold from 16 percent to 50 percent as part of its international reserve.

Tolkunbek Abdygulov of the Kyrgyz Central Bank has stated that any currency, whether dollars, rubles, or yuan, has become too vulnerable. The small mountain nation, with a population of 6 million, relies heavily on Russian and Chinese imports. With the possibility of global trades war on the horizon, Read More

07.13.18- Gold Should be Viewed as Money —
Not as an Investment Instrument

Thorsten Polleit

On May 4 and 5, 2018, Warren E. Buffett (born 1930) and Charles T. Munger (born 1924), both already legends during their lifetime, held the annual shareholders’ meeting of Berkshire Hathaway Inc. Approximately 42,000 visitors gathered in Omaha, Nebraska, to attend the star investors’ Q&A session.

Peoples’ enthusiasm is understandable: From 1965 to 2017, Buffett’s Berkshire share achieved an annual average return of 20.9 percent (after tax), while the S&P 500 returned only 9.9 percent (before taxes). Had you invested in Berkshire in 1965, today you would be pleased to see a total return of 2,404,784 percent: an investment of USD 1,000 turned into more than USD 24 million (USD 24,048,480, to be exact). Read More

07.12.18- Is There A Massive U.S. Gold Deposit Hidden In The Chocolate Mountains, California??
Steve St Angelo

Is the U.S. Government hiding a massive gold deposit in the Chocolate Mountains in California?  Well, according to a few top-notch conspiracy theorists, the U.S. Congress passed the Desert Wilderness Protection Act that has cordoned off this vast gold discovery from the public.  Unfortunately, we may never know if this mammoth gold deposit exists due to the clandestine nature of our government… or will we? Read More

07.11.18- Another billionaire says we’re running out of gold
Simon Black

A few months ago I sent you a note explaining that major gold discoveries are shrinking.

Simply put, mining companies are no longer finding vast, new deposits of gold to replace their aging mines.

I quoted Pierre Lassonde, the billionaire founder of gold royalty giant Franco-Nevada and former head of Newmont Mining:

If you look back to the 70s, 80s and 90s, in every one of those decades, the industry found at least one 50+ million-ounce gold deposit, at least ten 30+ million-ounce deposits, and countless 5 to 10 million ounce deposits. Read More

07.10.18- Incrementum AG Says Gold’s Hardships Could Soon Be Over
Birch Gold

This week, Your News to Know rounds up the latest news stories involving gold and the overall economy. Stories include: Gold has bottomed out and will soon go up, the gold market is starting to heat up, and gold’s value to technology sector will lead to a major spike in demand.

Incrementum AG: Gold has bottomed out and will soon go up

In a recent interview with Kitco, Incrementum AG’s fund manager Ronald-Peter Stoeferle said that gold’s hardships could soon be over as the metal readies for another bullish run. Stoeferle sees numerous tailwinds for gold, not the least of which is a potential reversal of the dollar’s gains. Read More

07.09.18- Top 10 Countries with Largest Gold Reserves
Frank Holmes

Beginning in 2010, central banks around the world turned from being net sellers of gold to net buyers of gold. Last year official sector activity rose 36 percent to 366 tonnes – a substantial increase from 2016. The top 10 central banks with the largest gold reserves have remained mostly unchanged for the last few years. The United States holds the number one spot with over 8,000 tonnes of gold in its vaults – nearly as much as the next three countries combined.

For six consecutive years the Russian Central Bank has been the largest purchaser of gold, increasing its holdings by 224 tonnes in 2017 and overtaking China to hold the fifth spot, according to the GFMS Gold Survey. Read More

07.07.18- Gold and a Drive Down Memory Lane
Gary Christianson

For most of human history gold was money. The currencies that circulated were silver, gold or paper backed by silver and gold.

Times have changed.

In 2018 we live with the Internet, fast communications, and huge piles of unpayable debt. The consequences of massive debt include:

  • That debt ($200+ trillion globally) cannot be repaid except by additional borrowing which enlarges the debt pile.
  • The owners of debt paper believe debt is an asset. They expect payment plus interest.
  • Rising interest rates make the debt destructive and the debt service more onerous. Read More

07.06.18- Silver will be gold on steroids!
Bill Holter

Rather than write on a planned topic, I received at least 20 e-mails yesterday on the same subject so had to switch gears. The e-mails were all panicky because an analyst who works in the precious metals industry suggested that silver will not perform as gold will in the coming reset. I feel the need to address this because I believe it is faulty analysis and may have motivation behind it. I will not name the analyst but can be easily discerned.

In an interview it was said that during the Weimar experience, gold performed extremely well but silver lagged. It is for this reason they suggested not to pay attention to the current out of whack silver to gold ratio north of 80-1 and it will not narrow. This is just wrong for so many reasons. First, the ratio of silver to gold worldwide at the time was roughly 15-1. Silver was priced at $1.385 per ounce while gold was at $20.67 per ounce in dollar terms. Read More

07.05.18- Crucial Factors Why Silver Will Increase More Than Gold During The Next Financial Collapse
Steve St Angelo

There are two crucial factors why silver will increase more in value than gold during the next financial meltdown.  These factors are not well known by many precious metals analysts because they focus on antiquated information and knowledge.  While several individuals in the precious metals community forecast a much higher Gold-Silver ratio during the next financial crash, I see quite the opposite taking place.

For example, Lynette Zang, at ITM Trading, has suggested in recent videos, that the gold to silver ratio will increase significantly during the upcoming currency reset. Read More

07.04.18- Life-Changing Gains
Can Be Found In Silver
Daniel Ameduri

View Video

07.03.18- Imminent EU Financial Crunch Could Signal Big Gold Price Jump
Birch Gold Group

When you’re on a ship that you know is going to take a hit from the equivalent of an “air-to-sea” missile, you don’t wait to try and protect yourself.

The EU may be that ship, and could it take a big economic hit come March 2019 to the tune of $38 trillion in uncleared derivatives contracts.

Derivatives allow trading of assets that derive their value from elsewhere. For example, credit swaps and options are two common derivatives.

Business Insider reported on this explosive development: Read More

07.02.18- Sell-Off Completed?
Alasdair Macleod

Gold and silver sold off last week, and as shown in our headline chart, have lost nearly all the gains made since the last major turning point on 11 December 2017.

Gold at its low yesterday was within $9 of that low, and silver 30 cents. By early European trade this morning (Friday), gold had fallen $19 from last Friday’s close to $1251 and silver by 25 cents to $16.09.

It often happens that gold and silver prices hit low points in June and December, before rallying sharply. The reason is not hard to understand: traders at the bullion banks close their books at the year and half-year ends and are almost certainly instructed by their superiors to reduce their trading positions to as low a level as possible. This is because the banks wish to report balance sheets that reflect low risk exposure for the purpose of making regulatory returns. Read More

06.30.18- It's Time To Care Again About
Gold & Silver

pAdam Taggart

Fundamentals and technicals are signaling extreme undervaluation...

It's been a while since I've covered the precious metals in an article. They've been range-bound for much of the past year, with few notable sector developments to report.

But I feel compelled to write about them today for two reasons:

  1. The probability of an upwards re-pricing of the precious metals is rising, and Read More

06.29.18- About The Coming Second American Civil War: Gold, Silver, And The Dollar Aren’t Buying It At All
Paul “Half Dollar” Eberhart

There’s been lots of talk about a second civil war, but looking at the action in the dollar and the metals tells a different story. Here’s the details…

Is the United States really on the brink of civil war?

Which I’m sure the trendies are calling Civil War 2.0, as if war was somehow cool.

I don’t think so.

Or at least things aren’t as deadly serious as they sound. Read More

06.28.18- Silver & Gold Will SKYROCKET! - The Crypto Revolution Has JUST Begun
David Morgan

View Video

06.27.18- The Petroleum Age
Hugo Salinas Price

Here is what I have been able to gather, from reading Steve St. Angelo’s website.

Suppose you have the opportunity and the means to create a gold mine, and decide to undertake the challenge; you invest in the building and installations of the gold mine, and in all the related salaries to carry out the building of the mine, by paying for all expenses in gold; finally the gold mine is selling the gold it produces, in exchange for dollars. So now you have an abundant income in dollars, because your mine has been a successful venture. Hurray!

But think about this: when you get those dollars of income from your mine, are you really registering profits? Read More

06.26.18- Gold and Silver: A Rarer Than Once-in-a-Lifetime Opportunity
Ron Paul

When examining our current fiat currency conundrum, it’s easy to get bogged down in historical “What ifs.” What if we never went off the gold standard? What if the Fed were never created in the first place? What if the federal government wasn’t allowed to treat debt ceilings and government shutdowns with such casual disdain?

Of course, all of those ships have sailed. We live in a reality where past fiduciary mistakes are “corrected” by amplifying those same mistakes, as if the solution to having our heads buried in the sand is that we just haven’t buried them deeply enough; that maybe the tsunami created by generations of criminal, federal, financial mismanagement and unsustainable promises will disappear if we can just duck around this next corner and close our eyes long enough. Read More

06.25.18- How Long Can This Last?
Arkadiusz Sieron

Yields are rising. The global economy has adapted so far without any major problems. So far. But how long can this last? And what does it ultimately mean for the  gold market?

Let’s look at the chart below. As one can see, the U.S. long-term  interest rates have been rising since September 2017. And they breached 3 percent in the second quarter of 2018, attracting investors’ attention all over the world.

Chart 1: Gold prices (yellow line, left axis, London P.M. Fix, in $) and the 10-year U.S. Treasury yields (red line, right axis, in %) from January 2017 to May 2018. Read More

06.23.18- The Gold Price Manipulation “Mask” Gets Ripped Off
Birch Gold Group

Jim Rickards thinks that when you’re buying gold, looking for the best “entry point” is one key.

And that makes sense. Ideally you want to enter at a price that is low enough, so you can store as much value in your portfolio as possible.

But a challenge arises when there are factors you can’t “see” that affect that entry point. For example…

When you take a look at the standard “gold price” in the chart below, you can see the 5-year trend. Any “breakout” remains in check, with prices failing to break $1400: Read More

06.22.18- Gold At 6-Mo. Low,
But Metal Is Now Oversold

Jim Wyckoff

(Kitco News) - Gold prices are down and hit another six-month low in early-afternoon U.S. trading Thursday. However, prices have moved up from their daily lows. An appreciating U.S. dollar on the foreign exchange market continues to squelch buying interest in the precious metals. However, the gold market is now short-term oversold and due for a least a decent corrective upside bounce very soon, and perhaps as early as Friday. August Comex gold futures were last down $3.60 an ounce at $1,270.80. July Comex silver was last up $0.011 at $16.32 an ounce.

The specter of a global trade war continues to dent trader and investor confidence and is pressuring world stock and commodity markets. Gold and silver continue to act like the raw commodities they are, instead of safe-haven stores of value. Read More

05.21.18- Own A “Bit Of Gold” As We Are Moving Ever Closer To A Trump Trade War
John Stepek

The Chinese stock market took a hit today.

The Shanghai Composite Index ended the session down 3.8% to close at a two-year low, notes Bloomberg.

What’s wrong?

Investors are starting to worry that Donald Trump is deadly serious about his enthusiasm for a trade war, that’s what’s wrong.

Trump has a point on China, although that doesn’t mean this is a good idea. Read More

06.20.18- The Deviant Conundrum Called Silver
Michael Ballanger

When I was a young lad, there was a classmate (let's call him "Frankie") in the very early years of my education whose behavior was quite often deemed as "peculiar" and while I found him immensely entertaining, the teaching staff and my fellow students did not entirely agree. Frankie was the kind of kid who would bang on our doorknocker on a frigid winter morning just before sunrise, fully clad in hockey skates, gloves and stick, and ask if he could skate on our frozen backyard hockey rink. The fact that it was a school day made it not exactly the brightest of decisions but my Dad would invariably say "Alright. You two boys have got 20 minutes then back in your houses to get ready for school." It was never an outright rejection on the grounds of unsuitable behavior; it was more so an accommodation for the simple reason that 20 minutes of hockey at 6:35 a.m. in advance of school was a "noble enterprise" and certainly beat watching Captain Kangaroo over a bowl of Fruit Loops. Read More

06.19.18- 5 Reasons The Drop In Gold Prices Shouldn't Worry Investors
Simon Constable

Gold prices took a hit at the end of last week, and it has some observers concerned.

But the truth is it shouldn't be worrying. Here's what you need to know:

The price of bullion fell more than $20 a troy ounce between Thursday and Friday, hitting a low around $1,279.

News reports declared, "Gold Solidly Down [...]" and "Gold Prices Take 2% Hit [...] Fresh 2018 Lows."

Here's why gold investors shouldn't worry. Read More

06.18.18- Inflation Trade, In Progress Since Gold Kicked It Off in Q1 2016
Gary Tanashian

I am sure you remember the lead up to Q1 2016. The US economy and stock market were transitioning from a Goldilocks environment and narrowly avoiding a bear market while the rest of the world was still battling deflation. Precious metals and commodities were in the dumper and try though US and global central banks might, they seemed to fail to woo the inflation genie out of its bottle at every turn.

Then came December of 2015 when gold and silver made bottoms followed by the gold miners in January of 2016. Then by the time February had come and gone the whole raft of other inflatables (commodities and stocks) had bottomed and begun to set sail. Read More

06.16.18- Follow Swiss Pension Fund- But Gold - "Don't Worry, Be Happy"
Egon von Greyerz

Brexit, Quitaly and Grexit. Debt Defaults, Stock Shocks, Bond Bubbles, Properties Popping, Derivative Defaults and Banks Busting. Well that is just some of the events that twill take place in the next few years. But the world is living in ignorant bliss of what is coming next. As the song tells us:

“In every life we have some trouble
But when you worry you make it double
Don’t worry, be happy
Don’t worry, be happy now
don’t worry” Read More

06.15.18- Donald Trump's "Madness"
Hugo Salinas Price

Way back in 1995, when Mexico was in the throes of another financial crisis, I figured out the problem of the existing world’s monetary system, based on the paper dollar as the fundamental currency of the world.

In my ignorance, I did not know that a man named Triffin had already pointed out that problem, which became known as “Triffin’s Dilemma”.

The problem is really very simple:

If the dollar – such as it is – is going to be the basis of the world’s monetary system, and therefore required by all Central Banks as Reserves, there is only one way that these CBs can obtain those Reserves: Read More

06.14.18- Silver’s Not-so-subtle Outperformance
Przemyslaw Radomski, CFA

Silver soared recently and white metal’s rally was accompanied by a huge volume. Those who are new to the precious metals market will probably immediately view this as bullish as that’s what the classic technical analysis would imply. Silver is not a classic asset, though, and classic measures often don’t apply to it. One way to check the real implications of a given development is to examine the previous cases and see what kind of action followed. That’s what we’re going to do in today’s free analysis. Let’s start with silver’s daily chart. Read More

06.13.18- Gold and Silver Setting Up for
A Sleeper Breakout

Chris Vermeulen

As the world continues to see economic improvements, specifically within the US and major global markets, Gold and Silver are relegated to an after-thought by investors. Why consider Gold or Silver when the NASDAQ or S&P leaders are rallying 2%+ per week? 

Well, the recent G7 meeting and President Trump's meeting with Kim Jung Un in Singapore may spark a little interest in these shiny metals as they setup a “rope-a-dope breakout” for those not paying attention. Read More

Price Is Heading Up Much Higher

Steve St Angelo

Harry Dent has been making the rounds suggesting that for gold to get back to its pre-bubble price, it would need to fall to $400 or $450. If we were to believe Mr. Dent, then it would be bad news for gold investors. However, Harry Dent’s gold price forecast is quite faulty because he fails to consider the most critical factor.

Harry Dent has become well-known on the internet for his $750 gold price forecast. He bases a low gold price upon what he calls “The end of the Commodity Super-Cycle.” Dent sees nothing but massive deflation ahead. Thus this will cause the gold price to fall along with all commodities. Read More

06.11.18- He Ran Into My Knife Ten Times
Gary Christenson

The song “Cell Block Tango” from the Oscar winning movie “Chicago” included the line, “He Ran Into My Knife Ten Times.”

Those seven words suggest anger, bleeding and murder… 

The American people have “run into a financial knife” many times in the last century. (Solutions listed at the end.)

1.In 1913 congress approved The Federal Reserve, the U.S. central bank which created dollar devaluation, massive unpayable debts, transfers of wealth to the financial cartel and more. This knife cut deep and caused huge economic blood loss. Read More

06.09.18- Gold Should be Viewed as Money - Not as an Investment Instrument
Thorsten Polleit

On May 4 and 5, 2018, Warren E. Buffett (born 1930) and Charles T. Munger (born 1924), both already legends during their lifetime, held the annual shareholders’ meeting of Berkshire Hathaway Inc. Approximately 42,000 visitors gathered in Omaha, Nebraska, to attend the star investors’ Q&A session.

Peoples’ enthusiasm is understandable: From 1965 to 2017, Buffett’s Berkshire share achieved an annual average return of 20.9 percent (after tax), while the S&P 500 returned only 9.9 percent (before taxes). Had you invested in Berkshire in 1965, today you would be pleased to see a total return of 2,404,784 percent: an investment of USD 1,000 turned into more than USD 24 million (USD 24,048,480, to be exact). Read More

06.08.18- Stock Market More Important for Gold than US Dollar
Jordan Roy-Byrne

The fundamental drivers for Gold and the US Dollar are similar and that is why they typically trend together. Negative and/or falling real rates drive Gold and the same drives the greenback though with respect to differentials between the other competing currencies. When real rates are rising or strong in the US that is bearish for Gold and bullish for the US Dollar. The opposite is also true. And with the US Dollar being the global reserve currency, it naturally competes with Gold, which is an alternative. All being said, history as well as recent action suggests that weakness in the stock market is more crucial to Gold’s future than weakness in the US Dollar.  Read More

06.07.18- Gold’s Break-Out Must Occur Within Months But It Looks Imminent
Clive Maund

Gold’s breakout from its giant 5-year base pattern has had to wait for the dollar rally to run its course, which it now appears to have done, and this being the case, gold is now free to break out into a major bull market that looks set to dwarf all prior ones. We have in the past described gold’s base pattern from 2013 as a complex (multi-shouldered) Head-and-Shoulders bottom and while this description is still valid, it is perhaps more simply described as a Bowl or Saucer pattern, that is shown on its latest 10-year chart below. Read More

06.06.18- Gold’s Monetary Rehabilitation
Aasdair Macleod

There is a quiet revolution taking place in the monetary vacuum that’s developing on the back of the erosion of the dollar’s hegemony. It is perhaps too early to call what’s happening to the dollar the beginning of its demise as the world’s reserve currency, but there is certainly a move away from it in Asia. And every time the Americans deploy their control over global trade settlement as a weapon against the regimes they dislike, nations who are neutral observers take note and consider how to protect themselves, “just in case.” Read More

06.04.18- Gold and the Monetary Blockade on Iran
JP Koning

With Donald Trump close to re-instituting economic sanctions on Iran, it's worth remembering that gold served as a tool for skirting the the last round of Iranian sanctions. If a blockade were to be re-imposed on Iran, might this role be resuscitated?

The set of sanctions that the U.S. began placing on Iran back in 2010 can be best thought of as a monetary blockade. It relied on deputizing U.S. banks to act as snitches. Any U.S. bank that was caught providing correspondent accounts to a foreign bank that itself helped Iran engage in sanctioned activities would be fined. To avoid being penalized, U.S. banks threatened their foreign bank customers to stop enabling Iranian payments or lose their accounts. And of course the foreign banks (mostly) complied. Read More

05.02.18- How silver changed the world
Adolfo Arranz

The main objective behind the sea route plied by Spanish galleons was to establish trade with China. These European vessels became known as China Ships. They transported silver from the Americas to exchange for goods in Asia, mostly commodities of Chinese origin.

It can be argued that when Spain instituted a common currency in the form of the Real de a Ocho, also known as Pieces of Eight, or the Spanish dollar, globalisation’s first chapter had been written. The acceptance of the dollar coins for commercial transactions throughout Asia, the Americas and much of Europe, resulted in a cultural exchange between nations, as well as the relatively free movement of people and goods between the three continent. Read More

06.01.18- Gold - The Only Money That Can't Be Debased
Egon von Greyerz

In 1980, global assets, including property, were less than $20 trillion. Today almost 40 years later they have grown to $524 trillion. That is a compound annual growth rate of 9% which is quite remarkable for a 38 year period. Global assets have gone up 26 fold during this period.

In the same period, gold went from an average price of around $650 in 1980 to $1,300 today. So whilst global assets have gone up 26x since 1980, gold has just managed to go up 2x. Admittedly gold started at $35 in 1971 so it had already benefitted from a substantial rise by 1980. Read More

05.31.18- This is When Gold Will Soar…
Jordan Roy-Byrne

Despite the insistence of some, precious metals have not been in a bull market. After a big pop at the start of 2016, the sector has trended lower. Sure, Gold has traded up towards a major breakout but Silver and the gold stocks have trended lower. When the US Dollar corrected significantly, the stock market outperformed precious metals. Does that sound like a Gold bull market to you? The moribund performance has left us wondering what could turn the tide. A quick study of Fed history with the context of current conditions is very instructive as to when Gold could begin a true bull market. Read More

05.30.18- One of the best ways to buy
physical gold today

Simon Black

[Editor’s note: In today’s Notes from the Field, I want to share an excerpt from our premium intelligence –Sovereign Man: Confidential. We recently spoke with one of the world’s top gold experts. And he shared a specific gold investment that’s trading near historical lows and is one of the best ways to buy gold today, in my mind. I doubt you’ll hear about this anywhere else. Read on for the details…]

The beauty, value and heft of a gold coin in your hand is a real pleasure, and it holds real value. I’ve got a fair number of them in my home safe. They’re immediately accessible, valuable and liquid. If I have to, I can quickly turn them into cash.

There are two types of gold coins – bullion and numismatics. Read More

05.29.18- Gold Production On The Cusp of Peaking
Tom Lewis

Gold is valuable because it is a finite resource. What happens when all available gold is mined and processed? There is still abundant gold deep within the earth, but it has not yet been found. Mining companies are unable, to dig deep enough. It is difficult for them to know where to locate this deep gold. All known locations have been depleting for years.

That is the reason mining gold has become more difficult and output is expected to begin decreasing steadily. The precious metal is becoming harder to find.

Most of the world’s gold was mined before the 1848 Gold Rush era. Since 1950, 125,000 tons of gold has been processed, which is approximately two-thirds of all gold ever mined. All of the gold that could be accessed easily has been mined. Read More

05.28.18- Memorial Day Rant: Memorialize That
James Howard Kunstler

War for the USA these days is a weird, inconclusive enterprise. Our objectives are poorly discerned, hardly even articulated anymore, just a pattern of going through the motions as destructively as possible with no end in sight. How many Americans can state what our mission in Afghanistan is after seventeen years of blundering around its bare mountains and valleys? What exactly has been the point of our exercises in Syria? To get rid of Bashar al-Assad, the wonks might say. Really? And replace him with what? With the ragtag ISIS maniacs we’ve been shoveling arms and money to? Read More

05.26.18- Gold: The War Drums Are Beating
Michael Snyder

A polarizing Republican in the White House. War protests in the streets. An unqualified President. Donald Trump? No, Ronald Reagan who fundamentally changed politics, maybe forever. And, what of the current occupant? From tax reform to trade to foreign policy, Trump has pursued a high risk, high reward gambit that has produced some stunning results including a proposed summit with North Korea, bi-partism tax reform package, First Step Act on prison reform, a long promised move of the embassy to Jerusalem and a rollback of a series of agreements. As critics focus on his foibles, this president has done what few politicians before him have accomplished, fulfilling his campaign promises. Read More

05.25.18- The “Axis of Gold” Will Drive Gold Higher by the End of 2018
Jim Rickards

A major blind spot in U.S. strategic economic doctrine is the increasing use of physical gold by China, Russia, Iran, Turkey and others both to avoid the impact of U.S. sanctions and create an offensive counterweight to U.S. dominance of dollar payment systems.

This is the Axis of Gold. This gold-based payments system will dilute and ultimately eliminate the impact of U.S. dollar-based sanctions.

Gold offers adversaries significant defenses against these dollar-based sanctions. Gold is physical, not digital, so it cannot be hacked or frozen. Gold is easy to transport by air to settle balance of payments or other transactions between nations. Read More

05.24.15- “Peak Gold” Scarcity Could Drive Gold Value Past $1,600
Birch Gold

Gold is a finite resource. According to a recent study in Science Daily, most of the available gold was initially deposited in the Earth’s mantle (emphasis ours):

The removal of gold to the core should leave the outer portion of Earth bereft of bling. However, precious metals are tens to thousands of times more abundant in Earth’s silicate mantle than anticipated. It has previously been argued that this serendipitous over-abundance results from a cataclysmic meteorite shower that hit Earth after the core formed. The full load of meteorite gold was thus added to the mantle alone and not lost to the deep interior.  Read More

05.23.18- Silver Refuses To Follow Gold, So Far
Andrew Hecht

Gold and silver have been closely linked for over five thousand years. In around 3000 BC, the first Egyptian Pharaoh Menes stated that two and one-half parts silver equal one-part gold. The statement in ancient times was the first time the metals that are the longest standing means of exchange in the world would be linked. Gold and silver have a dual role. As metals, they are both commodities, but also have a history as financial assets. Both precious metals have industrial uses because of the physical characteristics. They are also adornments that symbolize wealth and beauty. Read More

05.22.18- 'We're right at peak gold': All major deposits have been discovered,
declares Goldcorp chairman

Gabriel Friedman

'Are we not looking for it? Are we bad at finding it? Or have we found it all? My answer is we found it all'

Ian Telfer, chairman of Goldcorp Inc., is the latest industry magnate to predict the world has reached “peak gold,” saying that from here on out, mine production will continue to decline because all the major deposits have been discovered. Read More

05.21.18- The Trend Away From the Dollar to Gold Continues, Turkey Significantly Increases Reserves
Nathan McDonald

The trend of accumulation continues onward, with no signs of slowing down despite a sluggish precious metals paper market that at this point is nothing more than a complete and utter farce.

In the West, our central bankers appear blissfully ignorant as the world becomes more and more financially unstable. With nothing truly solved since the 2008 crisis—only papered over—we head into the great unknown, awaiting the next crisis.

Meanwhile, they continue to dis-hoard our vital gold reserves, moving our assets towards the East, which is ecstatic to purchase every ounce, every gram they can get their hands on. Read More

05.19.18- A Popular Question
Bill Holter

Because we have received a dozen or more questions on the same topic, I thought it might be a good idea to discuss. Michael Pento was recently interviewed by Greg Hunter They spoke about many topics including the silver/gold ratio. The questions we received were panicky in nature from holders of silver. Paraphrasing, “do you agree with Michael Pento that silver will not do anything on the upside if we enter a depression”?

I had not listened to the interview when the questions (mostly all the same) came rolling in. As a side note, rarely do I watch interviews or read opinion pieces from other authors. Not because I think I know it all, but because of the way I am wired. Explaining this, I am voracious for data and facts that I can use with past data and facts to form my own opinion(s).  Read More

05.18.18- In Under 20 Years, All Currently Recoverable Gold Will Have Been Mined
Rich Smith

In 2016, archaeologists working at a dig site in Bulgaria came across a tiny but significant find: A gold bead measuring about an eighth of an inch in diameter, which scientists believe may be the oldest piece of refined gold jewelry ever discovered -- dating back as far as 4600 B.C. 

This discovery holds significance not just to scientists but to investors as well. Simply put, it means that humans have been mining and refining gold for more than 6,600 years. And if that's true, gold investors may wonder: After seven millennia of exploitation, how much gold is left in the world to be discovered, mined, and refined in the future? Read More

05.17.18- Silver’s Long Consolidation Looks Like a Launching Pad
Stefan Gleason

The primary trend for gold and silver over the past year and a half has been the absence of any clear direction in prices. Metals markets have been stuck in consolidation mode. Yet for silver, in particular, that consolidation has formed a clear and potentially powerful pattern.

The silver market’s consolidation has formed a symmetrical triangle pattern. Prices are now nearing the apex of that triangle. The pattern cannot hold much longer – it must soon break in one direction or the other. And when it does, the move that follows should be sudden and sharp in one direction or the other. Read More

05.16.18- The Missing Link for Gold
Jordan Roy-Byrne

Last week we discussed the fundamentals of Gold, which do not appear bullish at the moment. Real rates (and yields) are rising and investment demand for Gold is flat. That in itself is a temporary but big missing link. However, we are referring to the missing link in the context of intermarket analysis. Gold is an asset that performs best when its outperforming its competitors. That’s true of any asset but especially Gold because it traditionally has been a counter-investment or an anti-investment. While Gold is firmly outperforming Bonds and showing strength against global currencies, it remains neutral to weak against global equities.  Read More

05.15.18- Two Important Reasons to Buy Gold Now
Peter Schiff

The mainstream keeps telling us the economy is great. Unemployment is low. The stock market is high. There’s nothing to worry about. So, when we do express concern and argue that maybe things aren’t so great, the mainstream writes us off as contrarians or old-fashioned “gold bugs.”

Of course, there has been a certain negativity toward precious metals investing for years. as SRSrocco put it, “There’s a very interesting notion put forth by many commenters that the precious metals analysts and dealers are the frauds and charlatans, not Wall Street or the central banks.  I imagine they believe this because gold and silver prices haven’t performed as forecasted or compared to the insanely inflated stock, real estate, and crypto markets.” Read More

05.14.18- Is This Junior Miner the Best Play on a Rebound in Silver?
Matt Smith

Silver continues to languish, despite gold remaining firm and trading at over US$1,300 per ounce. While the global economic outlook is upbeat, which is not a positive for precious metals, rising geopolitical tensions in the Middle East bode well for gold and silver.

Another factor that will give silver a boost is rising industrial demand for the white metal. Because of its conductive properties, silver is an important component used in the manufacturer of a range of electronic and electrical products, including the photovoltaic cells that make up solar panels. That coupled with the likelihood of another supply deficit in 2018 should give silver a boost. This makes Fortuna Silver Mines Inc. (TSX:FVI)(NYSE:FSM) an attractive investment. It is ready to soar when silver bounces back. Read More

05.12.18- Gold To Silver Ratio Extremes
Przemyslaw Radomski, CFA

The gold to silver ratio moved to 20-year extreme and it’s now moving lower, so the top is in and now we’re going to see a move back to historical norms well below 30 (there are different ways to measure it).

The implications are that silver will now outperform gold and that both metals will move higher as a turnaround in the ratio has bullish implications, just like it had in early 2016.

At least that’s what the partial analysis of the topic would have one believe. Read More

05.11.18- Gold is Good, Greed is No Good
Egon von Greyerz

It can’t happen here! What is happening in Venezuela and Argentina cannot occur in Western economies. That’s at least what markets believe with stocks and most bubble assets remaining in cloud cuckoo land. Rates in Argentina have just gone to 40% to protect the currency. Anyone who believes that rates in the US will remain at current low levels or that German and Japanese rates will remain negative has a massive shock coming.

Argentina used to be a very strong economy 100 years ago but in the last few decades the country has gone through several economic collapses and hyperinflation. Argentina just increased short term rates to 40% to defend the currency. The Peso has declined 95% since 2001 and is on its way to zero. Read More

05.10.18- The Two Most Important Reasons To Invest In Gold & Silver
Steve St Angelo

As the markets and financial system continue to be propped up by an ever-increasing amount of debt and leverage, precious metals investors need to understand the two most important reasons to invest in gold and silver.  While one of the reasons to own precious metals is understood by many in the alternative media community, the more important critical factor is not.

The motivation to write this article is due to the increasing amount of negative sentiment and comments in regards to precious metals analysis and investing. Read More

05.09.18- Purchasing Power – In Silver
Gary Christenson

We know:

  1. Federal Reserve and U.S. government policies devalue the dollar—down about 98% since 1913.

  2. U.S. government spending is out of control, increases every year, regardless of revenues, and shows no sign of plateauing or declining.

  3. Few people encourage balanced budgets and LESS spending. All government agencies, lobbyists, congresspersons, military contractors, and many corporations encourage MORE spending, and by necessity, more debt.  Read More

05.08.18- You might want to think about ditching the FANG stocks for gold miners
Jesse Felder

  • Rising gold prices could result in major gains for these stocks: Barrick Gold, Agnico Eagle, Nemont Mining and Goldcorp.

  • These BANG stocks are trading at a significant discount to its normal range.

I've written recently about the FANG stocks and another popular group I call MCBM. Both trade at valuations that look extreme relative to their history. There's another group, though, that I have been watching that appears to be trading at a significant discount to its normal range over the past couple of decades. Read More

05.07.18- Is the Supply of Gold Depleting?
Lawerence Thomas

The demand for gold is increasing, yet new discoveries of the precious metal have not kept pace with the demand. Funds for exploration are historically high, $54.3 billion, up 60 percent over the past 18 years.

The increased spending, however, has not produced the equivalent in new gold discoveries.During the past decade, 41 discoveries have resulted in a mere 215.5 million ounces of the precious metal. Even counting recently discovered but unexplored mines, which may hold as-yet major discoveries, the total available amount of gold in these discoveries are not expected to surpass 363 million ounces over the next ten years. Read More

05.05.18- "Money Is Gold — and Nothing Else"
Jim Rickards

Following the Panic of 1907, John Pierpont Morgan was called to testify before Congress in 1912 on the subject of Wall Street manipulations and what was then called the “money trust” or banking monopoly of J. P. Morgan & Co.

In the course of his testimony, Morgan made one of the most profound and lasting remarks in the history of finance. In reply to questions from the congressional committee staff attorney, Samuel Untermyer, the following dialogue ensued as recorded in the Congressional Record: Read More

05.04.18- Gold Holders - Centennial Opportunity
Egon von Greyerz

Strategic investments are made for the long run and with no intent of short term gains or concern of short term fluctuations. This kind of investing is based on buying undervalued and unloved assets and holding them for a very long term. This is what we did with gold in early 2002 for our investors and ourselves.

Having come down from $850 in 1980, not only did gold represent incredible value at $300 in 2002, but it was also the best insurance possible against a financial system which was turning increasingly unsound. Sixteen years later we are still sitting on our gold. We have seen a high of $1,920 in 2011 and a low of $1,050 in 2015. Have we ever been tempted to sell the gold? No, not for one second. We would rather buy more than sell an ounce. Read More

05.03.18- Platinum Price Cycles
Predict Big Upside Move

Chris Vermeulen

I wanted to take a moment to alert everyone to a price cycle setup that may turn out to be one of the most dramatic price moves we've seen since 2008. The metals markets have recently made some news by breaking to new recent price highs. This price move prompted a number of major firms to announce new bullish directional forecasts for gold with predictions of $2500 to $3000 price levels in the near future. These future price predictions led me to consider what it would take for metals to rally more than 30% from current levels – and the answer became clear to me. Read More

05.02.18- The Coming Silver Supply Crunch Is Worse Than You Know
Jeff Clark

For data wonks like me, the annual Yearbooks from various gold and silver consultancies make for fun reading. You can always find little gems about what’s going on in the markets, and sometimes you can spot changes in trends early on. Seeing a compelling chart, especially one that’s not been widely reported, is almost as exciting as seeing my wife in a short skirt on date night.

Well, I’ve got a series of charts for you that point to a silver trend that is so entrenched in its development, so inevitable in its outcome, so inescapable in its consequences that it comes as close as one can get to a guarantee. And once fully underway, it will have major implications for the silver price, along with the availability of investment metal. Read More

05.01.18- Gold: A Strong Spring Rally Is Likely To Prove Exceptional This Year
Adam Hamilton

The gold miners’ stocks have mostly been consolidating low this year, exacerbating bearish sentiment.  Even with gold grinding higher in a solid uptrend and nearing a major upside breakout, the gold stocks just can’t get any love.  But that may be about to change, with gold and its miners’ stocks in the midst of their spring rally.  Strong seasonal tailwinds make May one of the best months of the year in gold-stock bulls. Read More

04.30.18- Legendary Rick Rule Offers Good News For Precious Metals Investors
Chris Marcus

A common trait I find among many great investors is an ability to explain things in simple terms that anyone can understand.

Along those lines is Rick Rule, President and CEO of Sprott U.S. Holdings. Who is (in my opinion) a legend in the industry. And contrary to Ben Bernanke’s belief that no one can understand or grasp the dynamics of the gold market, Rick, as he often does has put it into beautiful perspective.

If you’ve never had the chance to hear Rick speak in person or via video, it’s worth putting on your list of things to do. Because in addition to successfully guiding his clients, Rick also has an incredible knack for simplifying the complex. Read More

04.28.18- The Shake-Out Period In Silver Is Over
Alasdair Macleod

View Video

04.27.18- Come clean about gold, congressman tells Treasury and Fed
Chris Powell

Dear Friend of GATA and Gold:

A member of Congress this week asked the U.S. Treasury Department and Federal Reserve to come clean about government policy toward gold.

The congressman, U.S. Rep. Alex X. Mooney, R-West Virginia, pictuered right, sent a letter to Treasury Secretary Steven Mnuchin and Federal Reserve Chairman Jerome Powell raising issues similar to those GATA long has been raising about the U.S. government's involvement in the gold market. Read More

04.26.18- The coming boom in gold prices. . .
Simon Black

In June 1884, a local farmer named Jan Gerritt Bantjes discovered gold on his property in a quiet corner of the South African Republic.

Though no one had any idea at the time, Bantjes’ farm was located on a vast geological formation known as the Witwatersrand Basin… which just happens to contain the world’s largest known gold reserves.

Within a few months, other local farmers started discovering gold… kicking off a full-fledged gold rush.

Just over a decade later, South Africa became the largest gold producer in the world… and the city of Johannesburg grew from absolutely nothing to a thriving boomtown. Read More

04.25.18- Whither Silver from Here?
Michael Ballanger

First, this has been a spectacular month for me in that I was fortunate enough to have parlayed the profits from the UVXY trade successfully, having bought a whackload of call options in the Physical Silver ETF (SLV:US) and a 300-lot of the Fortuna Silver Mines Inc. May $5 calls. As I wrote earlier in the week, I think we are seeing the biggest dislocation between any two assets in decades with the current ratio of gold to silver. For gold to be threatening a multiyear breakout of the $1,375 resistance while silver atrophies in the mid-$16s was , at least to me, absurd. Read More

04.24.18- Avoiding the Obvious
Ted Butler

A new interview by James McDonald, Director of Enforcement for the U.S. Commodity Future Trading Commission (CFTC), on Friday makes it clear that neither he nor the Commission has any intent to address the obvious manipulation of the silver market, conducted principally by JPMorgan.  As a reminder, preventing manipulation is the primary mission of the CFTC.

What you’ll hear is a self-congratulatory review of what a great job the agency is doing in terms of market manipulation in precious metals and how the agency welcomes and takes very serious and always follows up on all allegations to the fullest extent; even offering multi-million dollar rewards under its whistleblower program. Read More

04.23.18- Frustrated by the Dormant Silver Price? Don’t Be, Says History, the Upsurge Is Coming
Jeff Clark

Frustrated by the comatose silver price? Tired of it going nowhere and being held down?

Well, history has a message for you: This trading behavior is normal. Furthermore, similar scenarios from the past say the next price explosion is on the way.

I know from past studies that silver doesn’t always shoot up when gold does, in spite of the fact that it almost always gains more than gold before the uptrend is over. I decided to put the data to a chart and see what it showed. Read More

04.21.18- Silver Gold Ratio… Set To “Spring” Precious Metals Higher?
Chris Kimble

Metal heads have been very patient in 2018 as Gold continues to press up against breakout resistance.

One thing that has been missing is Silver strength… but yesterday’s big move by Silver may be the lift that precious metals need.

During bull markets for precious metals, silver tends to lead. Similar to small caps, it adds “beta” when bulls are in control.

To measure this aspect, investors can look at the ratio of Silver to Gold.  When this ratio is heading higher, its bullish. Lower is bearish. Read More

04.20.18- Silver: The Calm Before the Storm
Adam English

Silver has been about as dull as it gets for years now. You wouldn’t know by looking at a price chart, but that is poised to change.

Look at the trading being done by one of the largest market movers in silver, and you’ll see some puzzling mixed signals.

Dig deeper into the supply and demand fundamentals, and it starts to make sense.

While bearish positions are hitting records, the underlying market has dramatically changed over the last couple years.

And those market forces, bolstered by the market mover, could very well set off a massive breakout for silver prices this year. Read More

04.19.18- Global Silver Scrap Supply Falls
To 26-Year Low

Steve St Angelo

Global silver scrap supply fell to its lowest level in 26 years.  World silver recycling in 2017 dropped by nearly 50% since its peak in 2011.  According to the 2018 World Silver Survey, global silver scrap supply declined to 138 million oz (Moz) compared to 261 Moz in 2011.  While the lower silver price is partly responsible for the large drop in silver recycling, there are other market dynamics.

For example, silver recycling from the photography sector has declined since consumption peaked in 1999.  The photography industry was using 228 Moz of silver in 1999 compared to the 44 Moz last year.  Thus, silver consumption in photography has declined by 80% in nearly two decades… and along with it, a great deal of recycled silver supply. Read More

04.18.18- Gold wants to break free
Oliver Nugent

Gold has remained disappointedly range-bound through equity turmoil and rising geopolitical tensions. A flirt above $1360/oz last week was cut short by hawkish Fed minutes but more positive inflation prints could yet kick-start the returns needed to entice meaningful inflows.

Our bullish gold call centres on the belief that precious metal markets are still underpricing the full potential for inflation to pick up this year. Whilst this also raises the likelihood of a further three rate hikes in 2018, it will be the front-loading of inflation data that could spur gold’s long-awaited breakout, along with a little help from continued weakness in the US dollar and equity volatility. Establishing itself cleanly above $1350/oz is proving gold's biggest hurdle, but when it is done, gold stands its best chance to capture further flows from funds stuck on the sidelines. Read More

04.17.18- More Paper Gold Trades in a Day Than Physical Gold Is Mined in a Year
Jay Taylor

How Much Longer Can the American Empire Run on Fake Money?

One of the central sources of dismay for precious metals traders has been the gold and silver markets’ susceptibility to manipulation at the hands of central banks, Wall St. banks, and otherwise. Oceans of paper money is used to gain access to exponentially more giant pools of additional paper money, that is then used to exert influence on the price of silver and gold. Read More

04.16.18- Dynamics Are Converging And Forming A Financial Storm But Shelter Can Be Found In Silver
Gary Christenson

Four economic dynamics are converging and forming a major financial storm. Here’s a look at the those dynamics and how to seek shelter from it…

What Storm? Why do we need shelter?

  • The stock market hit all-time highs in January, corrected, and might rally to new highs… or maybe not… See below.
  • Official unemployment is low if you believe the statistics and ignore the millions excluded from the calculations. Read More

04.14.18- As Gold Breaks Out - The World is on the Precipice
Egon von Greyerz

As the world is standing on the precipice of a total breakdown, both economically and geopolitically, an obvious question is: “Where is the money coming from” to save the world from perdition. The same question was asked to Maharishi Mahesh Yogi in the 1970s when he was starting a global spiritual project. Maharishi was the founder of Transcendental Meditation and known as the Guru of groups like the Beatles and Beach Boys. When asked “Where is the money coming from”, he replied “from wherever it is now.” Read More

04.13.18- The U.S. Government With Its Military Cannot Stop China & Russia’s New Gold Standard
Jim Willie

“the Petro-Dollar death knell has been sounded…the US will be left with their golden pants down by their war-torn shoes”

For those who believe the conflict, confrontation, and trade war with China is very recent and fresh, not true. The war of words and sabre rattling is part of a longstanding trade war between the two superpowers. The war with China has been brewing for many years, with much hidden in the background battles over legacy USTreasury Bonds and hidden Gold stores. The United States does not publicize this conflict, since the US actions are full of dishonor, deceit, fraud, and murders within the secret war. To begin with, Washington officials have steadfastly refused to honor high valued old bonds backed by gold, claiming they are very old. Read More

04.12.18- The Dollar Cancer and the Gold Cure
Keith Weiner

The dollar is failing. Millions of people can see at least some of the major signs, such as the collapse of interest rates, record high number of people not counted in the workforce, and debt rising from already-unpayable levels at an accelerating rate.

I am going to share a little bit about myself and my personal motivation. I want to help fix this problem. The alternative, if it’s not fixed, will be a repeat not of 2008 or the inflation of the 1970’s or 1929. It will be a repeat of 476AD, the collapse of Rome and the known world. Read More

04.11.18- Which is Right: Gold or Real Rates?
Jordan Roy-Byrne

Readers know that I have beaten this drum all too often. Gold’s major fundamental driver is declining or negative real rates. There is a strong inverse correlation because Gold is money. That’s what JP Morgan said and he’s far more qualified to understand than quotable celebrities like Mark Cuban. But I digress. 

When real rates are increasing or strongly positive (during most of the 1980s and 1990s and 2011 through 2015) Gold performs poorly because one can earn a real return on their money unlike with Gold. However, when real rates decrease and particularly when they are negative, Gold flourishes. That being said, right now there is an interesting development. Real rates have increased over the past year but Gold has held steady. Reviewing recent history can help us answer which is right.  Read More

04.10.18- Stunning Silver Setup
Clive Maund

We now have the most bullish setup for silver that we have ever seen. After trading sideways / down for over 20 months now, investors have completely lost interest in it, which is of course the perfect breeding ground for a huge rally that seems to come out of nowhere.

As we will proceed to see both COTs and the silver to gold ratio are at record extremes that point to a major bullmarket in silver starting imminently.We will begin by looking at the latest price charts for silver. The 6-month chart looks dead boring, which is of course why those who are habitually wrong are making the dangerous mistake of shorting it. Read More

04.09.18- In defence of having reserves and hoarding gold
Edelweiss Journal

Let’s be blunt about it. Despite all the modern academic theories and pseudo- scientific drivel about risk and risk management, financial folks remain perpetually bewildered. One large reason is that the idea of uncertainty, whether in economic results or in securities prices, is used interchangeably with risk. A greater reason is the lack of clarity about these issues among financial types who have created a phony framework vastly different from the way industry—say, your local baker—deals with the same problem. Read More

04.07.18- China’s Secret Gold Supplier Is Singapore
Koos Jansen

Since 2013 China continues to absorb physical gold from the rest of the world at a staggering pace. Worth noting is that gold imported into the Chinese domestic market  is not allowed to be returned in the foreseeable future. Because ownership and the disposition of these volumes of gold likely will be of great importance next time around the international monetary system is under stress, it’s well worth tracking China’s progress of imports – especially because the mainstream media and most consultancy firms are in denial of these events. Read More

04.06.18- As Volatility Spikes, Here’s What Could Be Ahead for Gold and Silver
Jeff Clark

The shift from low to high volatility in the markets is on. And almost by default, that’ll include gold and silver, since they’re inversely correlated to stock markets most of the time.

We’ve already seen this at work. The S&P 500 fell 2.2% on April 2, and in response, gold rose 1.2% and silver 1.6%.

It’s more than just a daily phenomenon, though; any prolonged wave of uncertainty that hits the markets will push investors into gold. What’s happening on a small scale now will play out on a much bigger scale when sentiment shifts, especially in regard to our monetary system. Read More

04.05.18- Price of Silver’s Next Move Will Be Determined by These 2 Indicators
Peter Krauth

Since my last update, the price of silver has given back most of the gains from the previous week. In fact, the price of silver actually finished the month of March in the red. After topping out at $16.50 on March 27, the precious metal dipped below $16.30 just two days later.

But there is a bright spot in this recent movement for precious metal investors.

Despite moving in a narrow range between $16.25 and $16.80 since early February, silver has bounced back on weakness from both the stock market and the dollar. Read More

04.04.18- The Skyrocket Phase
Keith Weiner

Let’s tie two topics we have treated, one in exhaustive depth and the other in an ongoing series. They are bitcoin and capital consumption. By now, everyone knows that the price of bitcoin crashed. Barrels of electrons are being spilled discussing and debating why, and if/when the price will go back to what it ought to be ($1,000,000 we are told).

As an aside, in what other market is there a sense of entitlement of what the price ought to be, and a sense of anger at the only conceivable cause for why the price is not what it ought? Read More

04.03.18- Moment Of Clarity: Bill Introduced In Congress To Define The Dollar As

David Moadel

It’s just a bill in the House Financial Services Committee, and it ignores that the Constitution requires silver as well, but hey, it’s a start. Here’s the details…

Check out our pages on the gold standard and sound money for more information about what is required by the United States Constitution.

The bottom line is that Article 1 Section 8 gives the power to Congress:

“To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures” Read More

04.02.18- Market Report: Quarter-end factors
Alasdair Macleod

After last week’s sharp rally, gold and silver failed to follow through this week ahead of the quarter-end. Gold lost $24 from last Friday’s close to trade at $1324 in morning trade in Europe today (Thursday) and silver lost 33 cents to end up at $16.25.

Despite a shortened week for European and Canadian markets, volumes in futures markets for both gold and silver were healthy. Read More

03.31.18- U.S. Dollar on Last Legs as Gold Finds New Life
Birch Gold Group

The U.S. dollar is beginning to lose its grip as the dominant currency in the world economy. We’ve warned about the dollar decline before, and now it’s starting to become a reality.

According to analysts at BMO capital markets in Toronto, an investment banking subsidiary of Bank of Montreal, the U.S. dollar is forecast to continue its decline in 2018.

Just 14 months ago, analysts weren’t quite as negative about the performance of the dollar. But after the dollar lost all of its post-election gain, along with the lackluster performance of the Trump tax bill in 2018, analysts are starting to change their tune. Read More

03.30.18- Trade Wars, Petroyuan, Debts – $32,000 Gold & $500 Silver
Egon von Greyerz

Is this it? Is the bull market finished and the good times over? Well, they could very well be. We are looking at a world which is rotten to the core, a world which is built on debt which will never be repaid. And a debt which is artificially supporting $100s of trillions of assets and quadrillions if we include derivatives. The supposedly most powerful economy in the world (the US of course) is now so indebted that it needs to fight the whole world in all kinds of different wars for its survival, with the latest being a trade war. Read More

03.29.18- Silver Price Best Setup In Years & Update On Continued Meltdown In Stock Markets
Steve St Angelo

This update is by far one of the most important as the silver price setup is the best I have seen in years.  According to the data, the silver price is by far in much better position to outperform gold when the precious metals market takes off.  Also, I do an update on the stock market as well as the continued disintegration of the U.S. Shale Oil Industry.

While most investors will be interested in what is taking place in the silver market, it’s very important to understand how much the situation is deteriorating in the U.S. Shale Oil Industry.  Without cheap and abundant oil, the value of most stocks, bonds, and real estate would collapse.  Unfortunately, falling stock and real estate prices are precisely what is going to happen to 99% of the public’s investments as only 1% hold precious metals. Read More

03.28.18- Silver Is Not Just Acting Strange And Exciting But Also Hyper-Bullish
John Rubino

Silver is doing something right now that is very seldom seen, and it’s beyond bullish – it’s hyper-bullish. Here’s the details…

Friday’s commitment of traders (COT) report for gold and silver offered more of the same. Which is to say the gold futures action was boring and the silver action was strange and exciting.

Starting with gold, the large speculators – who, remember, tend to be wrong at big turning points – got a little less optimistic, while commercials – who tend to be right at big turning points – did the opposite. But both groups are still in unfavorable territory, with the speculators too long and the commercials too short. Read More

01.27.18- Silver to Catch up and Outpace Gold
Michael Oliver

View Video

03.26.18- Fake Gold - Silver Explosion -
End of Bull Market

Egon von Greyerz

In the US, fake gold is now a growing problem that is not being tackled. Congressman Alex Mooney (not Money!) has just written to the US Mint of the growing problem of high-quality counterfeits. He also wrote a letter to the Mint in November 2017 but the Mint responded that the problem was not significant. But the US Secret Service has since briefed the office of Congressman Mooney about the extent of the problem and the lack of supportive actions of other agencies.

There we have it – a complacent Mint on the one hand and a Secret Service which is involved in fake gold on the other hand. So this is clearly a major problem. Read More

03.24.18- New Wyoming Legal Tender Law Recognizes Gold and Silver as Money
Peter Schiff

Gold and silver are money. But most governments treat precious metals like a commodity. They don’t accept it as payment. Worse than that, they tax it. Think about the absurdity of this policy. You don’t tax money!

Fortunately, we’re beginning to see a shift. Many states are repealing taxes on gold and silver, and treating precious metals more like money. Wyoming is the latest state to reform its laws.

These policies not only ease the burden on investors, it opens the door to use gold and silver in everyday transactions, a foundational step for the people to undermine the Federal Reserve’s monopoly on money. Read More

03.23.18- Why the Collapse of Bear Stearns Changed the Silver Market Forever
Theodore Butler

Very few people know exactly what was said, promised, discovered, obfuscated, threatened, etc. in the dark and high-tension days surrounding the collapse of Bear Stearns and its taxpayer-subsidized subsequent digestion by JPMorgan.

What is irrefutable is that JPMorgan inherited Bear’s enormous and disastrous short silver position. How they would deal with it in response has fundamentally altered the silver market, while simultaneously setting it up for a historic rally. Read More

03.22.18- Another look at gold’s true fundamentals
Steven Saville

The major long-term driver of the gold price is confidence in the official money and in the institutions (governments, central banks and private banks) that create/promote/sponsor the official money. As far as long-term investors are concerned the gold story is therefore a simple one: gold will be in a bull market when confidence in the financial establishment (money, banks and government) is in a bear market and gold will be in a bear market when confidence in the financial establishment is in a bull market.

In real time it often doesn’t seem that simple, though, because on a weekly, monthly or even yearly basis a lot can happen to throw an investor off the scent. However, the risk of being thrown off the scent can be reduced by having an objective way of measuring the ebbs and flows in the confidence that drives, among other things, the performance of the gold market. That’s why I developed the Gold True Fundamentals Model (GTFM). Read More

03.21.18- Gold Price Suppression News Going Viral: Pro-Govt Turkish Paper Picks Up On Story
Chris Powell

“The only deniers left seem to be certain people in the monetary metals industry itself for whom exposure of the scheme might be bad for their business…”

Gold researcher Ronan Manly’s detailed report for Russia Today on the history and mechanisms of gold price suppression by central banks, called to your attention by GATA a few hours ago—

— has been quickly reprinted by the Daily Sabah, a major newspaper in Istanbul, Turkey, that is published in English, German, Arabic, and Russian: Read More

03.20.18- The Demise Of The Dollar:
The Rush To Gold Is Here

Alex Deluce

The US dollar has been dominant as the global reserve currency for a century. It was backed by gold, and the phrase, “good as gold,” had a literal meaning. Each dollar bill was worth its equivalent in physical gold. This made the dollar the world’s most respected and accepted currency.

These days, the dollar is joined by the euro and the yen as accepted currencies. No longer dominant, the dollar is losing its global position. Can it survive?

Early in the 20th century, the US was the most powerful nation on earth, and the dollar reflected that power. Our gold reserves were larger than those of any other country, thus setting the standard worldwide. The US dollar was, indeed, good as gold. Read More

03.19.18- Gold Unmoved By Market Volatility,
Ready For Rally

Sumit Roy

You probably haven’t heard much about gold in the headlines this year. Overshadowed by volatile stock and bond markets, the yellow metal has slipped under the radar.

Even during the market meltdown in February, when the S&P 500 dropped precipitously and Treasury bonds tumbled, gold barely budged. A measure of gold price volatility, the Cboe Gold ETF VIX Index—which measures implied volatility on options for the SPDR Gold Trust (GLD)—is trading at half its historical level. Read More

03.17.18- Gold Price To Be Reset MUCH HIGHER To Keep Those Without It From Catching Up
Bill Holter

Bill Holter says we’re right at the point of the transition and the reset. Here’s what it means for the U.S. dollar, gold and silver…

Bill Holter interviewed on the X22 Report Spotlight

In this important, timely interview, Bill Holter says that China and Russia are ready to make their moves away from the U.S. Dollar.

When this happens, Bill says, everybody’s standard of living is going to drop dramatically. Bill says the credit system will freeze-up and the United States will be thrust into Banana Republic status. Bill says it’s even going to be hard to get food from a grocery store because of how dependent the systems are on credit. Read More

03.16.18- Gold bull market in waiting
Justin Spittler

There are so many different incipient catalysts to unlocking upside for the gold price. While the sloe-eyed retail-investor cows continue to dutifully march to slaughter at this extremely late stage of the topped-out stock market, it’s time to place your bets as to how the coming precious metals bull market will play out.

Not that it particularly matters; if you own silver and gold, you will benefit, regardless.

Where is the gold bull market that we predicted would begin about now? Here is our broad-based overview. The financial markets continue to expect an aggressive Fed going forward with four—even five—rate hikes this year and a continuing shrinkage of its balance sheet (Quantitative Tightening). Read More

03.15.18- Something BIG Going On In Russia
Imminent Launch Of The Russian Silver Ruble?

Half Dollar

This was going to be about “helicopter money” because a ton of precious metal literally fell out of a Russian plane. But now its way more than that...

Please connect the dots below, but first, please do this math:1+1+1+1=4 (every day of the week).

While it has been known that China and Russia are relentlessly stacking gold, a recent turn of events point to something big going on under the surface with silver. Read More

03.14.18- Gold to Hit $1,475
if it Follows Copper’s Path

Birch Gold Group

This week, Your News to Know brings you the latest stories involving gold and the overall economy. Stories include: Gold could hit $1,475 if it follows copper’s path, trade war talk pushes gold prices higher, and gold and titanium restore vision to blind mice.

Gold could hit $1,475 if it follows copper’s path

According to one fund manager, gold is in a good spot for prices to set off and reach multi-year highs. Kitco reports that Will Rhind, CEO of GraniteShares, told the attendees of his webinar that gold could push to $1,475 an ounce if the yellow metal follows copper’s cue. Read More

03.13.18- Record Low Volatility in Precious Metals and What it Means
Justin Spittler

The past 18 months have been difficult for precious metals investors. If you had known Donald Trump would be elected and the US Dollar would soon begin a nearly 15% decline, you would have expected Gold to blow past its 2016 high. You would have been shocked to see the gold miners and junior gold stocks trading lower. Gold has fared okay but the gold stocks and Silver have lagged. As US equities have continued to power higher, precious metals have struggled to perform while volatility in the space has dwindled. Precious metals volatility has reached extremely low levels and this is a sign that a major move, while not necessarily imminent is surely on the horizon. Read More

03.12.18- Mr. President, If We Don’t Have Gold,
We Don’t Have a Country

Stewart Dougherty

“Passivity is fatal to us. Our goal is to make the enemy passive. … Communism is not love. Communism is a hammer which we use to crush the enemy.” Mao Tse-tung, proclaiming the founding of the People’s Republic of China, 1949

Circumstantial evidence is mounting high that there is something seriously wrong with the amount of gold reportedly owned by the United States government, or more precisely, the American people. Read More

03.10.18- Bad 'Karma' Brings Bad Consequences for Those Who Practice It
Hugo Salinas Price

There is a lot of commentary going around the world, regarding Trump’s initiation of a “Trade War” to rebuild America’s industries. Trump thinks that tariffs will do the trick, and stop the rest of the world from taking unfair advantage of the US by selling their goods to the US in exchange for lots of US dollars. According to Trump, this nefarious behavior on the part of the rest of the world is causing a h-u-u-u-ge Trade Deficit, sending hundreds of billions of dollars out of the country. Trump’s view is that this is just plain “unfair”.

I guess Trump is not familiar with what happened at Bretton Woods, back in 1945, when the US, as victor in WW II, forced the rest of the world to accept the US proposition: gold would be the world’s money, supplemented by dollars, which were to be regarded as good as gold – and perhaps they were, at the time, as good as gold, for the US had a stock of some 22,000 tons of gold at that time. Read More

03.09.18- JPMorgan’s Great Silver Accumulation: Short to Buy, Then Stop Shorting
Theodore Butler

I love the blatant market manipulation involved in one of the greatest silver trades that never gets mentioned. While JPM was accumulating the largest single-owner physical silver cache in the history of silver, it was the largest on-paper shorter of the silver price.

So singlehandedly lean with all your might on the price, buy what everyone else sells, then stop shorting and position yourself for the huge price rise, aided and abetted by taking away your massive short position.

After acquiring enough physical metal to neutralize its dominant paper short position early on (by 2012), JPMorgan continued to accumulate hundreds of millions of physical ounces of metal with the sole intent of someday selling that silver at as high a price as possible. Read More

03.08.18- Why QE didn’t send gold up to $20,000
JP Koning

Why didn't quantitative easing, which created trillions of dollars of new money, lead to a massive spike in the gold price?

The Quantity Theory of Money

The intuition that an increase in the money supply should lead to a rise in prices, including the price of gold, comes from a very old theory of money—the quantity theory of money—going back to at least the philosopher David Hume. Hume asked his readers to imagine a situation in which everyone in Great Britain suddenly had "five pounds slipt into his pocket in one night." Hume reasoned that this sudden increase in the money supply would "only serve to increase the prices of every thing, without any farther consequence." Read More

03.07.18- Hashgraph Public Launch?
& Big News For Silver
Mike Maloney

View Video

03.06.18- Here’s What Gold is Waiting for
Mike Gleason

Gold was well bid during the equity correction but it could not breakout then and has retreated as equities have roared back. As a result, the Gold to stocks ratio has retraced most of its recent surge.

Meanwhile, the US Dollar has rebounded and the oversold and overhated bond market could be starting a rally. The recent rise in long-term bond yields which has benefitted Gold appears due for a pause or correction. Meanwhile, Gold could also correct and consolidate as it waits for a breakout in long-term bond yields which should in turn benefit Gold.  Read More

03.05.18- Silver Looks Way Better
Than Gold Right Now

John Rubino

Normally the action in the gold and silver futures markets tends to be pretty similar, since the same general forces affect both precious metals. When inflation or some other source of anxiety is ascendant, both metals rise, and vice versa. 

But lately – perhaps in a sign of how confused the world is becoming – gold and silver traders have diverged. Taking gold first, the speculators – who tend to be wrong at major inflection points – remain extremely bullish. Commercial traders, meanwhile – who tend to be right when speculators are wrong – are extremely bearish, with short positions more than double their longs. Historically that’s been a setup for a big drop in gold’s price. Read More

03.03.18- Michael Pento: Currencies Will Be ‘Flushed Down The Toilet’ Triggering
A ‘Mad Rush Into Gold’

Mike Gleason

Mike Gleason: It is my privilege now to welcome back Michael Pento, president and founder of Pento Portfolio Strategies, and author of the book The Coming Bond Market Collapse: How to Survive the Demise of the U.S. Debt Market.

Michael is a well-known money manager and a fantastic market commentator, and over the past few years has been a wonderful guest and one of our favorite interviews here on the Money Metals Podcast and we always enjoy getting his Austrian economist viewpoint.

Michael, welcome back and thanks for joining us again. Read More

03.02.18- How Will Gold Prices Behave During Economic Crisis?
Brandon Smith

It is generally well known in economic circles and in the general public that precious metals, including gold, tend to be the go-to investment during times of fiscal uncertainty. There is a good reason for this. Precious metals have foundation qualities that provide trade stability; these include inherent rarity (rather than artificially engineered rarity such as that associated with cryptocurrencies), tangibility (you can hold gold in your hand, and it is relatively difficult to destroy), and precious metals are easy to trade. Unless you are attempting to make transactions overseas, or in denominations of billions of dollars, precious metals are the most versatile, tangible trading platform in existence. Read More

03.01.18- Total US Debt And The Gold Price
Craig Hemke

After rising together through 2012, the past five years have seen a massive divergence between the total amount of accumulated U.S. government debt and the price of COMEX gold. When, if ever, will we see this correlation reappear?

After falling together through the late 1990s, the price of COMEX god and the total accumulated U.S. debt began to rise together since 2002.

With the help of Nick Laird at GoldChartsRUs, we've been able to plot this relationship on the chart below: Read More

02.28.18- Gold Is The Cure For The Job-Drain
Dr. Antal E. Fekete

The true story of the de-industrialization of America has never been told. It started with the U.S. Treasury defaulting on its gold obligation to foreigners in 1971, thereby foisting a regime of irredeemable currency upon the world. An unanticipated side-effect was the setting of the rate of interest adrift.  It then started its wild roller-coaster ride, first up well into double digits by 1981, then down to zero, a move that twenty years later is still in progress. Greenspan takes credit for the low rates as a measure of his success in “licking inflation”. The claim is an empty one. Read More

02.27.18- $700 Silver? Here's How It Could Happen
Mike Maloney

View Video

02.26.18- Own Gold Before Pandora
Reopens The Box

Egon von Greyerz

In the old Greek mythology, the opening of Pandora’s box unleashed many evils on the world. Within the next few years, we will see a modern Pandora’s box being opened that will lead to events in the world which will be as devastating as when the ancient box was opened. The very big difference is that this time the consequences will not be part of historical mythology. Instead they will be real and catastrophic for the whole world on a scale never experienced in history.

Pandora – the all giving – was the first human woman created by the Greek gods. Zeus ordered her creation to punish humanity due to Prometheus’ theft of the secret of fire. Read More

02.24.18- Silver: 2018 and Beyond
Gary Christenson

This article was written for Miles Franklin by Gary Christenson. Link here.

Do you appreciate the beauty of silver coins? Do you understand the necessity for silver in our modern world?

American Silver Eagle coins and Canadian Silver Maple Leafs represent value, history, and ownership of an industrially important metal that has been money for thousands of years. Read More

02.23.18- No Longer The Safe Haven: The Dollar Is The Achilles Heel of the Global Economic Reflation
Michael Ballanger

This week’s COT report once again confirms that the Large Speculators are arguably the stupidest group of gold traders in existence. To be certain, as criminality is to the Commercials, brainlessness is to the Large Specs. They are constantly long massive positions at major turning points in gold and silver and are consistently on the wrong side of the trade. Pundits love to refer to the Small Speculators as “dumb retail” or the typically green, blindly optimistic newcomer piling into gold futures after receiving an e-blast from one of the blogs praising the regenerative powers of gold and silver. However, I have been watching the Small Specs for a while now and they have actually been on the right side far more often, but without question, residing forever and a day in the House of Pain, are the Large Specs. The last two COT reports illustrate this point perfectly but first take a peek at the last 30 days of gold trading. Read More

02.21.18- Doug Casey: Gold Will Hit $2000 By The End Of This Year
Justin Spittler

Doug says gold is going to $2000 this year, and that’s just the start…

Justin’s note: Volatility has come storming back.

Just look at the CBOE Volatility Index (VIX), which measures how volatile investors expect the market to be over the next 30 days.

It’s up 89% since the start of the year. Last week, it hit the highest level since 2016.

Investors aren’t used to this. After all, last year was the least volatile year ever for U.S. stocks. That lulled many investors to sleep. It led them to take risks they would normally never take. Read More

02.20.18- Silver at 1/80th the Price of Gold?
“This Is Crackers!”

Clive Maund

Consider silver's relative scarcity to gold. No doubt, much more abundant, much more widely available. And shouldn't that ratio have some general bearing on the price discrepancy between the two?

Here are some insights on the silver price relative to gold from a senior economic geologist that are certainly worth serious consideration:



02.19.18- Gold: Another Month, Another Test Of Key Resistance - But This Time With A Difference
John Rubino

Gold spiked in January, and looked to be headed even higher. But there were some problems. First, futures speculators - as tracked by the Commitment of Traders (COT) report - had gone overwhelmingly long, and since they tend to be wrong at emotional extremes, this was a red flag. Second, gold was approaching the $1,360 level that had, since 2014, been the place where upward momentum went to die. For the relevant charts, see Gold Jumps To Crucial Technical Level. Important Action Coming Up.

By late January, this combination of technical resistance and overexcited speculators had once again proved impossible to overcome, and gold fell back to the low $1,300s. Read More

02.17.18- The 2007-9 Crisis Will Return in 2018 - With a Vengence
Egon von Greyerz

US economics is extremely predictable. It doesn’t matter who is President and what party he comes from. Because every president will spend more money than the US can afford. On average, US Federal debt has doubled every 8 years since Reagan came to power in 1981. And Trump has just fulfilled the prediction. The budget deal that has been agreed is guaranteed to produce substantial deficits in coming years. The current year’s deficit might be just under $1 trillion but thereafter it is virtually guaranteed that the US will not have a budget deficit under $1 trillion for many, many years. Read More

02.16.18- For Gold, It’s Goldilocks Inflation
Rudi Fronk and Jim Anthony

Rudi Fronk and Jim Anthony, cofounders of Seabridge Gold, delve into the question of whether inflation is good for gold.

Is inflation good for gold? It depends. If inflation provokes a hawkish Fed to raise rates faster than inflation, not so much. But if the Fed is worried about the stock and bond markets and therefore won't raise rates fast enough to keep pace with inflation, that's good for gold. And that's where we seem to be now.

Fear of inflation has been weighing on the bond market, helping to drive interest rates higher, and that's been a negative for the stock market. On February 14, we got a "hot" CPI number that confirmed the market's fears and the initial reaction was to sell stocks and gold, sending them lower, and the dollar caught a bid. That's the response you would expect from anticipation of a more hawkish Fed. Read More

02.15.18- Silver, Gold and the Dow
Gary Christianson

The gold to silver ratio hit 80 to 1 last week.  That is unusual – the 3rd highest in over 20 years.  It tells us:

  • Silver prices are too low compared to gold. Silver falls harder than gold, and rises more rapidly in the late stages of a rally.

  • Both gold and silver prices are too low. This is confirmed by the amount of global debt, the crazy heights of the stock market, low commodity prices, monetary nonsense, and political uncertainties. Read More

02.14.18- Something is definitely “changing”
but what is it?

Bill Holter

Markets around the world are convulsing which is definitely different than anything we have seen in over a year. We also know that interest rates are going higher all over the world. In fact, if you look at rates going back to 1981, the downtrend line(s) has been broken and thus a very major change. Generational trades and 37 year trend lines are rare on their own, when they finally break it means something very big has changed and you must do your very best at trying to figure out “what” it is.

Let’s take a look at two charts that might help, one of interbank lending in the U.S. and also at “velocity”. These are both very important and I would suggest they are both connected by something called “trust”. Read More

02.13.18- Gold & Silver Are About To Find Out If That Dog Is Friendly Or If It Bites
Silver Doctors

SD Outlook: Gold & silver may be finally bottoming, but there’s a major reason we’re not out of the clear just yet…

First the good news.

The gold-to-silver ratio just keeps looking better:

Every single number on the latest daily chart is above 80, with a high above 82, and a last price of 82.52.

It’s hard to see how we are not close to the gold to silver ratio coming down. Regardless, to say the ratio is favoring silver right now is an extreme understatement. Compared to earlier in the year, you can now get over six ounces of silver for each ounce of gold, dollar for dollar. Read More

01.12.18- Gold Fireworks On The Horizon
Jesse Felder

The gold price has risen about 20% since I wrote “It’s Time To Get Greedy In The Gold Market” but it looks to me like it could now get really exciting for gold bulls.

On the weekly chart there is now a clear head and shoulders bottom pattern in play. A break above the neckline would confirm the pattern and project an eventual target near $1,650. There is also a very interesting price analog from 2008-2009 (hat tip, @ECantoni) that suggests this breakout could be imminent. Read More

02.10.18- The Dollar – From Bohemia To Bust
Egon von Greyerz

Virtually no investor studies history and the few who do always think it is different today. The most important lesson is that people never learn. If they did, they wouldn’t be invested in a stock market that on any criteria is now at a bubble extreme. And they wouldn’t be invested in a global debt market which has grown exponentially in recent decades and which will become worthless in the next few years as debtors default. Nor would anyone hold paper money which is down 97-99% in the last 100 years and which is guaranteed to soon fall the final bit to take the value to zero. Read More

02.09.18- And Now. for Something Entirely Different: Is A Massive Stock Market Reversal
Upon Us?

Brandon Smith

I have been saying it for years and I will say it again here — stocks are the worst possible “predictive” signal for the health of the general economy because they are an extreme trailing indicator. That is to say, when stock markets do finally crash, it is usually after years of negative signs in other more important fundamentals.

Of course, whether we alternative analysts like it or not, the fact of the matter is that the rest of the world is psychologically dependent on the behavior of stock markets. The masses determine their economic optimism  (if they are employed) according to the Dow and the S&P and, to some extent, by official and fraudulent unemployment statistics. Read More

02.08.18- Inflation Worries Make Gold A Good Choice For 2018
Frank Holmes

In its outlook for 2018, Thomson Reuters GFMS analysts see gold prices rising to $1,500 an ounce sometime this year on inflation fears. This would put gold at a level unseen since April 2013.

According to Thomson Reuters, the price appreciation could be driven by “concerns that the United States may pull out of NAFTA,” or the North American Free Trade Agreement. NAFTA, of course, is the trade pact the U.S. shares with Canada and Mexico, its number two and three largest trading partners. Read More

02.07.18- Gold To Sustain Rally,
Test Resistance At $1,400 - Sucden Financial

David Lin

Gold is expected to see a sustained rally on the back of a weakening dollar, overvalued stock markets, and heightening geo-political tensions, according to a report from Sucden Financial.

In the near term, analysts at the international brokerage firm said they see a modest retracement in the yellow metal to $1,320 an ounce before climbing higher to test resistance at $1,400 an ounce, be a multi-year high.

Since its December low at $1,236.50, the yellow metal has rallied 8% following a much anticipated Fed rate hike. The rally coincided with strong upward momentum in equities. However, Sucden Financial doesn’t see growth in the stock markets lasting forever, and a reversal in trends may bode well for precious metals. Read More

02.06.18- Gold tips higher in recovery mode, defying higher yields and stable dollar
David Haggith

Gold futures tipped higher Monday, attempting to rebound from last week’s losses, when stronger U.S. hiring and wage data lifted the dollar and Treasury yields. Those moves came on the belief that the Federal Reserve could turn more aggressive in its approach to interest rates.

U.S. stocks traded mostly lower Monday, part of a broader global equity selloff

“Should this rout in the stock market continue, gold may continue under pressure as the ‘sell everything’ to raise cash mantra unfolds,” said Peter Hug, global trading director at Kitco Metals Inc. Read More

02.05.18- Gold and Silver Price Riggers Arrested
David Morgan

View Video

02.03.18- Platinum V.S. Palladium: Should You Invest?
David Haggith

When people think about investing in precious metals, they typically think gold and silver, but there are other elements in this group that may also deserve your consideration. Platinum and palladium are two, in particular, which have gained popularity as an investment option for precious metals enthusiasts. Both are classified as precious white metals due to their rarity in the earth’s crust. These white metals also have a striking appearance, are highly durable, and have strong industrial uses. Read More

02.02.18- Gold & Silver Hammered As BLS Jobs Report Hits Tape
Silver Doctors

Nearly $2,000,000,000 of gold “sold” in two minutes, and silver hammered under $17. Here’s an update…

Today is one of the cartel’s favorite days to smash.

In the first two minutes, 14,000 gold contracts were “sold” into the “news”.

For anybody doing the math, that’s $1,890,000,000 notional value of gold sold in two minutes, and it created less than a $10 move in the price of gold. Read More

02.01.18- Monetary Metals Brief 2018
Keith Weiner

Short and Long Term Forecasts

Predicting the likely path of the prices of the metals in the near term is easy. Just look at the fundamentals. We have invested many man-years in developing the theory, model, and software to calculate it. Every week we publish charts and our calculated fundamental prices.

However, predicting the outlook for a longer period of time is much harder. The fundamental shows the relative pressures in the spot and futures markets, but they only show a snapshot. They do not predict how those pressures might change. For that, one looks at the dollar of course, credit, interest rates, other currencies, the economy, and even wild cards like bitcoin. Read More

01.31.18- Why Buy Silver? 10 Reasons to Invest in Silver Now (w/ Charts)
Jeff Clark

Is silver a good investment? Why should someone buy it?

It’s natural and even prudent for an investor to wonder if a particular asset is a good investment or not. That’s especially true for silver, since it’s such a small market and doesn’t carry the same gravitas as gold. But at this point in history, there are compelling reasons to add physical silver to your investment portfolio (and only one is because the price will rise). Here the top 10 reasons why every investor should buy some silver bullion… Read More

01.30.18- World's Lagerst Silver Mines:
Suffer Falling Ore Grades & Rising Costs

Steve St Angelo

The world’s two largest silver mines have seen their productivity decline substantially due to falling ore grades and rising costs.  Gone are the days when silver mines could produce silver at 15-20 ounces per ton.  Today, the Primary Silver Mining Industry is likely producing silver at an average yield of 4-5 ounces per ton.

In my newest video, I discuss the changes that have taken place in the world’s two largest silver mines, the Cannington Mine in Australia and the Fresnillo Mine in Mexico.  Falling ore grades and rising energy costs have contributed to the doubling and tripling of production costs at many silver mining companies.  Investors who believe it still only costs $5 an ounce to produce silver, as it did in 1999, fail to grasp what is taking place in the silver mining industry: Read More

01.29.18- Move In Commodities, Dollar And Interest Rates...Road To Hyper-Inflation
Egon von Greyerz

2018 is starting right on cue. Inflationary pressures have been latent for quite some time but have recently shown the world what is to come in the next few years.

How could anyone believe the propaganda that there is no inflation. It has of course suited the market manipulators. But the fake wizardry of the central bankers is now about to be revealed. Since the early 1980s the interest rate cycle were in a strong down trend. When the financial crisis started in 2007, central banks panicked and rates were rapidly lowered around the globe. Read More

01.27.18- Gold Gains A Powerful Friend
Arkadiusz Sieron

The Enemy Of Gold’s Enemy Is Gold’s Friend

As the ancient proverb goes, my enemy’s enemy is my friend. Although it is usually employed in foreign policy, this concept also applies to finance. Given the negative correlation between the greenback and gold, the enemies of the U.S. dollar are generally gold’s friends.

U.S. Treasury Secretary Steven Mnuchin has recently joined this elite club. On Wednesday, he welcomed the weakness in the American currency. According to Bloomberg, Mnuchin told reporters at the annual Davos summit of business and political leaders that a weaker dollar is not bad for the U.S., at least in the short term: “Obviously a weaker dollar is good for us as it relates to trade and opportunities”. He also added that the currency’s short-term value is “not a concern of ours at all.” Read More

01.26.18- The Coming Market Crash Will Set Off The Biggest Gold Panic Buying In History
Steve St Angelo

The leverage in the economic system has become so extreme; investors have no idea of the disaster that is going to take place during the next stock market crash.  The collapse of the U.S. Housing and Investment Banking Industry in 2008 and ensuing economic turmoil was a mere WARM-UP for STAGE 2 of the continued disintegration of the global financial and economic system.

While the U.S. and the global economy have seemingly continued business as usual since the Fed and Central Banks stepped in and propped up the collapsing markets in 2008, this was only a one-time GET OUT OF JAIL free card that can’t be used again. Read More

01.25.18- Will silver outperform gold in 2018?
Rajesh Bhayani

Silver has a dual role - 60 per cent of the total silver produced is used for industrial purposes in the electrical & electronics segment and photovoltaic demand mostly for solar panels.

Going by low volatility and rising risk in all other asset classes, the 2018 is expected to see a preference for precious metals.

However, within gold and silver, the latter is expected to outperform the former.

Ratio traders are also looking at a fall in gold-to-silver ratio, which indicates how many ounce of silver can be bought with one ounce of gold. Read More

01.24.18- Some Reflexions on History and Economics
Hugo Salinas Price

Nicolas Oresme, a Catholic bishop (1320-1382), studied human behavior with regard to money, which in his time consisted of gold and silver coinage; he was perhaps the first to observe that humans attribute varying valuations to the money that comes into their hands. He stated that holders of gold and silver coins prefer to tender their most deteriorated coins in payments, and retain the most bright, shiny and perfect of their coins. Thus, he was the true originator of what has come to be known as "Gresham's Law", long before the Englishman Thomas Gresham made a similar observation during the reign of Queen Elizabeth I (1558-1603). Read More

01.23.18- And Now, for Something Entirely Different: Financial Analyst Bets His Blog That The Economic Collapse Will Happen By Mid-2018
David Haggith

It sure is shaping up to be one heck of a summer, and now the stakes have been raised. Here’s the details…

My 2018 economic predictions follow through on the accurate predictions I made in 2017. In my last article, I stated that I had bet my blog the stock market would crash by January 2018. That was my thinking back then based on where Obama had been taking us. In fact, however, when I went back last week and rechecked my economic predictions and my bet, I found I had wisely revised my thinking even that far back and had hedged my bet due to the Trump factor. Read More

01.22.18- Why You Must Own Silver in 2018
Jordan Roy-Byrne

While Gold is very close to a major breakout (in price) its strength has not filtered down to Silver yet. Gold is 3% away from a major breakout and comfortably above its long-term moving averages. However, Silver is well below its 2016 high and is currently battling its 200-day moving average. But that is okay. Silver typically lags and underperforms Gold until Gold gains momentum or breaks key resistance. A major breakout in Gold this year and its effect on Silver is just one reason why Silver could have a big year.

If and when Silver breaks above its 2017 highs, we can declare its bear market over (in terms of time). Read More

01.20.18- Gold & Silver Are Setting Up For A ‘Rip Your Face Off’ Rally
Chris Vermeulen

Chris shows when to trade or buy gold & silver in the second half of January. Here’s the details…

Metals are setting up for that “Rip Your Face Off Rally”.  The following charts for Gold and Silver show a very interesting setup that is unfolding as the US markets continue to strengthen – that being that the Metals are showing strength in price and we can only assume this is related to some level of FEAR in the markets or expectations that the “Equities and Bitcoin Bubbles” are nearing an end. Read More

01.19.18- Silver As A Strategic Metal and Why Prices Will Soar
Jim Willie

The arguments in favor of silver as an investment asset are growing rapidly. In the opinion of the Jackass website, silver is the most under-valued hard asset in existence, with the highest potential for price appreciation on the globe. To begin with, central banks own no silver, but do own huge tracts of gold. Industry has huge demand for silver, but a trifling amount for gold demand. The investment demand is another key factor in favor of silver, but also for gold. Ever since the tech telecom bust in 2000, the precious metals growth curve has been evident. Ever since the subprime bond disaster in 2007, followed by the Lehman strangulation in 2008, the precious metals growth curve has continued. It is suppressed like holding back a team of six stagecoach Clydesdale horses by simple leather straps held by mere men with computers on their backs. Read More

01.18.18- What Do Dow 26,000
And Silver Have In Common?

Marshall Swing

“What they want you to do, and what they are going to force you to do (with the 2018 Global Economic Crash),  is put your full faith, future, and finances into…”

As we went over DOW $26,000 today there was a little raid in silver and not so much so in gold…

But is this the raid I referred to in earlier, recent posts?

Well, it is NOT a significant break to the Line of Lateral Movement.

Of great note, in gold Friday, there was a HUGE Commercial Gold accumulation of Longs, after what was structured to appear as a short raid in both gold and silver. Read More

01.17.18- Silver: Once and Future Money
Jim Rickards

The Roman Republic and the later Roman Empire had gold coins called the aureus and solidus, but they also minted a popular silver coin called the denarius. One denarius was the daily wage for unskilled labor and Roman soldiers.

Of course, in the late Empire, the aureus, solidus and denarius were all debased by mixing the gold and silver with base metals. The decline of the Roman Empire went hand in hand with the decline of sound money. Read More

01.16.18- The 2018 Stock Market Bubble
vs. Gold & Silver

Steve St Angelo

The U.S. Stock Market is reaching its biggest bubble in history.  When the price of the Dow Jones Index only moves in one direction… UP, it is setting up for one heck of a crash.  While market corrections aren’t fun for investors’ portfolios, they are NECESSARY.  However, it seems that corrections are no longer allowed to take place because if they did, then the tremendous leverage in the market might turn a normal correction into panic selling and a meltdown on the exchanges.

So, we continue to see the Dow Jones Index hit new record highs, as it moved up 765 points since the beginning of the year.  Now, if w go back to 1981 when the Dow was trading about 800 points, it took five years to double itself by another 800 points.  However, the Dow Jones Index just added 765 points in less than two weeks. Read More

01.15.18- The Last Great Silver Buy
Ted Butler

In the annals of silver in the modern age, there have been two well-known instances of very large investor accumulations of the metal. First came the purchase by the Hunt Brothers and their associates in early 1980, followed by the purchase by Warren Buffett’s Berkshire Hathaway, 17 years later. The Hunts were said to control around 100 million ounces of actual metal (plus another 100 million ounces in long paper futures contracts), while Berkshire held as many as 129 million ounces. Read More

01.13.18- As Sisyphus Fails Gold Will Ascend
Egon von Greyerz

Welcome to 2018 – a year that will be the culmination of at least 105 years of mismanagement of the Western financial system by governments, central bankers and the elite.

2018 will be a year of major volatility in many markets. Stocks are now in a melt-up phase and before the major bear markets start in virtually all countries around the world, we are likely to see the final exhaustion moves which could be substantial. The year will also be marked by inflation increasing a lot faster than expected. This will include higher interest rates, much higher commodity prices, like food and oil as well as a falling dollar. And many base metals will strengthen. Read More

01.12.18- Gold & Blockchain
Kevin Vecmanis

Gold never changes - only the world changes around it.

I can’t remember where I heard this quote, but I’ve been thinking about it a lot lately.  Gold, as an asset class, has one of the richest histories of all the earthly assets ever to have value bestowed upon them by man.  As far back as we go in history, for which there is archaeological record, we find evidence of an infatuation with gold. 

I was talking with a friend the other day about VanAurum, artificial intelligence, and blockchain. He asked, “Why are you building an artificial intelligence for gold?  Isn’t it dead?  Why don’t you just build an artificial intelligence for analyzing crypto?”  Read More

01.11.18- Silver Is a Metal to Watch in the New Year
Matt Badiali

The price of silver is up 10% in three weeks. That’s unusual for silver right now.

We only saw silver rise 10% within a month four times this year. The last time it rose 10% in three weeks was almost a year ago.

Like gold, 2016 was a strong year for silver. The price soared through the first half of the year. It ended down from its high, but still up 15% overall.

However, in 2017, the silver price only gained 4%. The price bounced up and down, never really breaking out. You can see what I mean from the chart below: Read More

01.10.18- First Majestic Silver CEO Keith Neumeyer Talks About The End Of The Silver Manipulation
Chris Marcus

During a recent interview, First Majestic Silver CEO Keith Neumeyer shared some interesting comments about the silver market. In particular he spoke about a development that could lead to the end of the ongoing manipulation.

For those not familiar, Neumeyer is one of, if not the only mining CEO to speak publicly about the manipulation that has left silver prices suppressed. His interviews always offer insightful commentary, and this latest one covered what could be a game changing event for the price of silver. Read More

01.09.18- Now in Effect: Virginia Law Takes First Step to Support Sound Money
Michael Maharrey

On Jan. 1, a Virginia law that repeals sales taxes from some purchases of gold and silver went into effect. It represents an important first step toward encouraging its regular use as currency and breaking the Federal Reserve’s monopoly on money.

A bipartisan coalition of delegates and senators sponsored House Bill 1668 (HB1668) and Senate Bill 934 (SB934). The legislation exempts gold, silver, and platinum bullion or legal tender coins whose sales price exceeds $1,000 from state sales tax. Each piece of gold, silver, or platinum or legal tender coin need not exceed $1,000, provided that the sales price of one entire transaction of such pieces exceeds $1,000. With gold over $1,000 an ounce, a single bullion coin will exceed this threshold. Read More

01.08.18- David Morgan: The “Oh My” Moment Is Coming For Silver
Josh Sigurdson and John Sneisen

David says that right now the people are brainwashed, but the “oh my” moment is coming when the people will return to gold & silver…

Josh Sigurdson and John Sneisen talk with David Morgan of The Morgan Report, also known as the Silver Guru.

David Morgan is one of the most knowledgeable people on the planet when it comes to silver as well as gold. He’s written the book ‘The Silver Manifesto’ and does regular reporting on everything silver. Read More

01.06.18- Silver: The Key to Monetary Freedom
Rory Hall

We love to repeat that gold is money. We also love to point out that silver has been money longer than gold. Sometimes when when we look at situations or images long enough we begin to stop seeing certain aspects, characteristics or attributes that are right at the end of ones nose. This is what just happened with me. After looking at silver for so long it seems that I have overlooked the fact that silver has been money longer than gold and, therefore, has created more innovation, more wealth and helped more people rise up from bondage than gold. Silver is the key to our personal freedom and sovereignty.

I sat down with Ken Schortgen, Jr., The Daily Economist, to open 2018 with a look at what is happening right now in several areas of our world. 2017 was the year of cryptocurrencies and 2018 is going to be the year of…? I don’t think one person predicted cryptocurrencies would rise like they did in 2017. Read More

01.05.18- 4 Financial Predictions for 2018 That Could Impact Gold
Peter Reagan

Last year we saw some important trends in the economy: a decline in thedollar index, the market breaking records, and an increase in the price of oil. Not to mention, the Fed finally began its quantitative tightening plans.

As we look forward into the New Year of 2018, it’s important to look back at these financial trends to see how they might affect us during the next 12 months.

If the last year was anything to go by, investors may be asking themselves some important questions. Read More

01.04.18- The Next Great Bull Market
in Gold Has Begun

Jim Rickards

A new, long-term, secular bull market in gold has begun.

This new trend will take gold past $1,400 per ounce by the end of 2018, past $4,000 per ounce by 2020 (if not sooner) and ultimately to $10,000 per ounce or higher by the mid-2020s.

This bull market actually began on Dec. 17, 2015, when the dollar price of gold sank to $1,051 per ounce. This new bull market was two years old last weekend.

That’s OK. Bull markets begin slowly, almost unnoticed in the gloom of the prior bear market. The biggest gains often come after a few years when the crowd catches on and the price action gains momentum.  Read More

01.03.18- Silver prices likely to rocket by mid-year
on solar push

Madhvi Sally and Nishtha Saluja

NEW DELHI: Traders expect silver prices to touch Rs 40,000-41,000 a kg in the physical market by the middle of this year as demand for solar panels and electrical vehicles is increasing. The metal closed at Rs 39,237 a kg in the spot market in 2017-end. 

"Demand for silver has been increasing since the past few years and so have the prices. Demand is largely coming from solar panel and electric vehicle manufacturers. We expect silver prices to be bullish this year and may touch Rs 40,000-41,000 a kg on MCX or in the physical market by July-August," said Anuj Gupta, deputy vice-president of research, Angel Commodities. Read More

01.02.18- Quantum Change in Gold and Silver Demand, 2 Jan 2018
Dr. Keith Weiner

We hope everyone had a happy New Year.

There is a long informercial airing on American TV. It shows an endless parade of senior citizens, struggling to pay their bills, unable to buy that motorized stairway lift, play golf, or eat out at restaurants. The solution?

Get a reverse mortgage! The number to call is 1-800-GET-CASH. That number again is one eight hundred get your free cash now!

To summarize the point of the commercial—if not the terms of the fine print—the senior gets a monthly check, and this free money pays for all the things currently missing in his life. Free, as in magic unicorns and rainbows. Right? Read More

01.01.18- January Won’t Be Just A Silver Price Advance But A SUSTAINABLE Advance
Clive Maund

For many weeks we have been waiting patiently, like vultures perched on the branches of trees, for the Large Specs to go belly up and croak, and the good news is that they just have, so it’s time for us to swoop down and feast on the carcasses, the carcasses being silver and the better silver stocks, which are at good prices here, and although they have already started rallying over the past week or two, the COT structure is now much healthier, suggesting that they will continue to advance.

On the 6-month silver chart we can see the breakdown from a Symmetrical triangle that occurred late in November leading to a drop well into December, and also how silver has slowly recovered over the past two weeks. Read More

12.30.17- In Gold We Trust!
Rick Mills

Due to its unique properties, gold was one of the first metals discovered by mankind. Gold is found at surface in flakes and nuggets, making it easily mineable. Historians agree the Egyptians were the first to smelt it and make gold jewellery using the lost-wax method. The funeral mask of King Tut is one of the most stunningly beautiful examples of Egyptian goldsmithing. The Egyptians also learned how to alloy gold with other metals, to vary hardness and color.

While gold was rare and valuable, it was also ideal for pressing into coins. Because gold coins were portable, private and permanent, they fit the early definition of a currency. Gold could be used as a medium of exchange, a unit of account, and a store of value. Read More

12.2.17- The Next BIG MOVE In The Gold Price After December IS UP
Michael Ballanger

There are occasions in my life where being correct in a trade or a forecast or an event absolutely fails to excite me. Like predicting the death of a pet or the failure of a business, there is absolutely no joy in waking up to the realization that one’s analytical abilities were put to the test and prevailed.

In December 2015, I made one of the best calls of my career when I announced the terminus of the 2011-2015 Great Bear Market in Gold at $1,045, but what followed was neither the clinking of champagne flutes nor the beating of puffed-up chests. Instead, I was consumed with a slow, simmering rage not unlike the emotion one feels at returning to a burgled home or boosted auto. Read More

12.28.17- Asian Metals Market Update:

Chintan Karnani

Direction of the US dollar will be the key. US dollar Index is on the verge of a technical breakdown. Gold, copper and silver are on the verge of a technical breakout. People are going to flock back to gold and silver investing once they fall off the cliff of crypto currency trading. Do not write off gold and silver. They are still the long term tigers of the investing world. Tigers are very lazy animal but still they are the king of the forest. Gold and silver like tigers could see lazy price moves in the short term. 

Industrial metals are getting added price benefit after China orders closure of copper factories to curb winter pollution. I will be careful day trading in industrial metals despite the bullish technical. Read More

12.27.17- A Ten Year Deal For Silver?
Ted Butler

Here’s a thought that I fully acknowledge didn’t originate with me, but from a close associate, even though it incorporates many of my findings. If it does come to fruition, I will gladly reveal my associate’s identity to give him his proper due; but in case it doesn’t, I’ll spare him any embarrassment for an incorrect premise. As I think you’ll see, I can’t deny that my friend’s premise seems to tie up all the loose ends about the silver manipulation.

In a few short months, we will hit the ten year anniversary of perhaps the most seminal event in modern silver history – the takeover of the failing investment bank, Bear Stearns, by JPMorgan in March 2008.  Bear Stearns failed as a firm due to a variety of problems which, in effect, caused a run on the bank. But what makes the failure and subsequent takeover so prominent in silver history was the revelation shortly thereafter that Bear had been the biggest short seller in COMEX  silver and gold futures and was replaced in that role by JPMorgan. Read More

12.26.17- A Collapsing Dollar Will Trigger The Next Big Move In Gold And Silver
Dave Kranzler

When you see that men get richer by graft and by pull than by work, and your laws don’t protect you against them, but protect them against you–when you see corruption being rewarded and honesty becoming a self-sacrifice–you may know that your society is doomed. – from “Atlas Shrugged”

Sorry MAGA-enthusiastics, it’s all a lie.  The tax legislation just passed will lead to higher Government spending deficits, a near-parabolic acceleration in Government debt issuance and a possible collapse of the dollar.  The U.S. is in systemic collapse.  Perhaps the biggest manifestation of this is the grand money-grab by the elitists enabled by blatant political corruption. Read More

12.25.17- ”It’s A Wonderful Life” Is A Lesson To Hold Gold Outside of The Banking System
Mark O'Byrne

Frank Capra’s 1946 film It’s A Wonderful Life is one that many families will be settling down to watch this Christmas weekend. A story that is ultimately about a suicidal man is one of the most watched holiday films of all time.

Interestingly it wasn’t all that big a hit upon its release (despite garnering five Academy Award nominations) and was disliked by some of the highest intelligence authorities and political thinkers.

Ayn Rand worked with the FBI to identify Hollywood Communist propaganda and helped them to conclude that the Christmas film contained several subversive tendencies, including “demonising bankers” and “attempting to instigate class warfare”, and was “written by Communist sympathisers”. Read More

12.23.17- Why Silver Will Outperform Gold 400%
Franklin Sanders

Over the course of the present bull market in silver and gold, silver should rise about four times as fast as gold. That forecast arises from silver’s historic performance, especially during the 20th century, as well as its present fundamentals. The best way to profit from that trend is to swap back and forth from silver to gold with the rise and fall in the gold/silver ratio. That strategy will convert a sterile investment into one that pays dividends, and possibly double the ounces you own over the life of the bull market

Alas, poor silver is the Rodney Dangerfield of precious metals—it can’t get no respect. It certainly should merit respect, since its 20th century performance has far outpaced gold. It’s volatility and superior fundamentals ought to make it much more attractive than gold. Read More

12.22.17- 2018 could be the year for gold
Alasdair Macleod

We approach 2018 having seen the seeds planted in recent years for a monetary revolution. They include the massive world-wide expansion of credit and debt since the last credit crisis, and the advent of potentially disruptive cryptocurrencies. Geopolitical shifts of tectonic scale have occurred, hardly noticed by the ordinary person. That was until now. We are now on board a train which is gathering speed towards its buffers: the end of dollar hegemony and its potential collapse.

It might take a few years yet to get there, but the speed of our train is dependant to a large degree to how the engine’s boiler is stoked by America through her isolationist plans. It is very hard to see how the dollar cannot decline significantly with America’s autarkic trade policies, benefiting gold. Read More

12.21.17- There’s A Govt/JP Morgan 10-Year Deal To Rig Silver Prices That’s Coming To An End
In March 2018?

Ted Butler

Ted Butler says “It aligns perfectly with everything I think I know about silver, the US Government, COMEX and JPMorgan…”

Here’s a thought that I fully acknowledge didn’t originate with me, but from a close associate, even though it incorporates many of my findings. If it does come to fruition, I will gladly reveal my associate’s identity to give him his proper due; but in case it doesn’t, I’ll spare him any embarrassment for an incorrect premise. As I think you’ll see, I can’t deny that my friend’s premise seems to tie up all the loose ends about the silver manipulation. Read More

12.20.17- What Peak Gold, Interest Rates And Current Geopolitical Tensions Mean For Gold in 2018 
 Mark O’Byrne

What Peak Gold, Interest Rates And Current Geopolitical Tensions Mean For Gold in 2018

– Peak gold will be a major driver, gold over $5,000/oz ‘not beyond the realms of possibility’

– Relationship between interest rates and inflation are one of the key catalysts for price

– Geopolitical uncertainty will continue to play a key role in determining the price of gold
 Read More

12.19.17- Silver: Double-Digit Gains This Year,
Then “Tulip Mania”

Peter Krauth

If you want the upside potential of Bitcoin with minimal downside risk, then silver may well be your answer.

The precious metal has offered not just centuries, but millennia of intrinsic monetary and industrial value.

And despite that inherent worth, silver sometimes goes through frenzied buying manias, not unlike Bitcoin’s 2017 run-up.

In my view, that same kind of “Tulip Mania” lies ahead for silver investors, only bigger. And while that may not happen in 2018, it almost surely will in the next few years. Read More

12.18.17- WORLD SILVER PRODUCTION: 3 Charts You Won’t See Anywhere Else
Steve St Angelo

The rate at which global silver production increased over the past century is quite astonishing.  When Columbus arrived in America (1492), the world was only producing 7 million oz of silver a year.

Today, the world’s largest primary silver mine, Fresnillo’s Sauicto Mine, produced three times that amount in just one year (22 million oz, 2016).  Yes, we have come along way in 500 years.

Just think about that for a minute.  One silver mine last year produced three times the global amount in 1493. Read More

12.16.17- Long Term Patterns in Stocks,
Gold and Crude

Gary Christenson

The MONTHLY S&P 500 Index

The green arrows are 10 years long. Peaks indicated are in 1987, 2007, and potentially 2017.

The pause in 1997 was not a top because the market rally extended into early 2000. The current peak in 2017 could also extend, but valuation and timing indicators show high risk.

When the monthly RSI (timing indicator at bottom of graph) exceeds 70, turns down, and prices fall below the red support line, a significant correction or crash is possible. Those crashes occurred in 1987, 2000, and 2008. The S&P is ready to make a similar correction or crash in 2017 or 2018. The RSI has reached its highest level in two decades. Read More

12.15.17- Some Key Reasons Gold
Should Shine in 2018

Peter Schiff

The last few weeks have been tough on gold. If you have a short-term mentality, you might even think the gold market has gone bearish. But as World Gold Council chief market strategist John Reade pointed out in a piece he wrote for the December issue of WGC Gold Investor, 2017 has been good for gold. And he sees some key reasons to believe 2018 will be as well.

The gold price has moved ahead this year, despite rising US interest rates and a persistent bull market in equities. Looking ahead, there are several reasons to believe that gold could maintain upward trajectory. Investor attention may have been focused on US equity markets, technology stocks and cryptocurrencies this year, but gold has still had a decent 2017, delivering double-digit growth in the first 11 months alone. Read More

12.14.17- Why the New Tax Reform Bill
Is a Win-Win for Gold

During his election campaign, one of Trump’s promises was to lower taxes. And now, it’s expected to become a reality. The new tax reform bill has already been approved by the Senate, and the House is expected to pass it with flying colors before the end of the year.

Such a move means it will be the first time the U.S. will rewrite its tax codes since 1986.

After witnessing some of the most crushing tax rates under the Obama administration, the bill can’t come soon enough for business owners. Should it come to fruition, it’s expected to cut corporate tax down from thirty-five percent to twenty percent. Read More

12.13.17- Gold & Crypto Destroy Fiat
Stewart Thomson

Please  click here now. I’ve predicted that a long period of deflation in the Western world would end with a Fed taper, rate hikes and quantitative tightening.

That’s clearly in play now, and the deregulation of America’s thousands of small banks is perhaps the most exciting event taking place on this new “inflationary frontier”. Because of these powerful monetary trends, I’ve predicted big problems ahead for Wall Street and somewhat better times for Main Street.

Having said, that, I think investors would be making a major mistake to assume America is going to experience any kind of fabulous rebirth and relive an economic growth era like the 1950s, let alone the Golden Age of the 1880s. Read More

12.12.17- CPM Group’s Jeff Christian Responds “NEGATIVELY” To The SRSrocco Report On Silver Investment Demand
Steve St Angelo

The debate continues between the SRSrocco Report and CPM Group’s Jeff Christian on the fundamentals of the silver market.  After my article, in which I questioned the CPM Group’s exclusion of silver investment demand from their supply and demand analysis, Jeff Christian responded with a comment on my website.  I am glad that Mr. Christian responded because it now allows me the opportunity to explain in more detail why I disagree with the CPM Group’s analysis. Read More

12.11.17- 2018 Will be Gold’s Time to Shine
Avi Gilburt

This week, Your News to Know brings you the latest stories involving gold and the overall economy. Stories include: Gold’s time to shine will be at the end of 2018, how gold could fix Turkey’s troubled currency, and Russia and China could set global price based on trading.

Gold’s time to shine will be at the end of 2018

JP Morgan’s outlook for gold in 2018 is markedly positive, especially in the second half of the year. As stated in a recent Kitco article, during the first half of 2018, gold should average $1,295 an ounce, with the average climbing to $1,340 in the second half, said the bank in its 2018 Global Commodities Outlook. Read More

12.09.17- The Government Manipulation Of Precious Metals Caused The Rush Into Bitcoin
Michael Ballanger

“Just as central bank largesse is responsible for the asset bubbles popping up around the world, it is also the impetus for Bitcoin…”

In the year 301 AD, the Roman unit of barter was the denarius, which had originally been 95% pure silver when introduced by Augustus at the end of the first century BC but by the time of Diocletian’s rule, it had moved to 50,000 denarii to a pound of gold. Ten year later, it took 120,000 denarii to buy a pound of gold and by 337, that figure was 20,000,000. What had occurred in a mere 400 years was that a slow and agonizing erosion in the purchasing power of the Roman currency accelerated to full fiat disintegration and that complete and total disregard for the denarius was attributed as one of the underlying causes of the Fall of the Roman Empire. Read More

12.08.17- Gold Investors Should
Pay Attention To Bitcoin

AG Thorson

What an exciting time to be a market technician. It’s not very often we get to witness a full-blown speculative mania, and Bitcoin is just that. Prices are up 1,500% in 12-months, and everyday people are looking to buy. The lot points to a bubble and Gold investors should take note. Why? Because when you see similar behavior in the precious metal sector…it’s time to exit.

Over the last few days, I’ve been approached by several friends and acquaintances interested in Bitcoin. Most, know nothing about cryptocurrencies, but their excitement is palpable. One described reading how China was going to switch to Bitcoins and that he needed to get in before it was too late. I think he severely misunderstood the article, but I listened anyway. Read More

12.07.17- The Dirty Secret of COMEX Delivery Revealed!
Bill Holter

Since the outsized dumps of paper gold and silver dating all the way back to 2013, we goldbugs have claimed COMEX was ripe for a delivery default. We were of course viciously trolled and called crazies in comment sections after going through the logic of how much was being sold and how much open interest there was going into “first notice” days versus inventory.

We were called chicken littles because each delivery month would see open interest collapse going into and during the delivery process and default from excess demand always evaporated at the last moments. I wrote several times and questioned the logic of accounts that were fully funded to take delivery…they just “went away”. It defied logic to say the least. We also speculated but could never prove these fully funded longs were “bribed” to not take delivery. Read More

12.06.17- Are We Ready For A Gold And Silver Rally?
Avi Gilburt

Many of you who follow my analysis have learned quite well how I look at the market. And, those of you who have read me in the past know that I do not view fundamentals as being relevant to determining when we can see a major turn in the metals market. 

In fact, in 2011, the fundamentals for the metals market were exceptionally strong, with most everyone believing in the certainty of gold exceeding the $2,000 mark, just before we began a multi-year pullback. 

Moreover, the fundamentals were terribly weak just as we were hitting the bottom in 2015, with most market participants being certain that gold was about to break below $1,000. Read More

12.05.17- Gold Prices Will Jump After the December Fed Meeting
Peter Krauth

Gold prices
 haven’t been making headlines to compete with record-high stocks or Bitcoin reaching $10,000. But that’s all about to change…

The price of gold has appeared stagnant since October.

Normally, traders flock to the precious metal during times of uncertainty and instability. That’s why it was surprising that not even another ballistic missile fired by North Korea was enough to rally gold prices.

The precious metal continues to trade in a narrow trading range about $25 wide. Read More

12.04.17- Seasonal slam
Alasdair Macleod

Gold and silver suffered a sell-off, repeating what we saw in late November in both the last two years. The attack on precious metals is futures-driven, and occurs during New York trading hours. Gold fell $12 from last Friday’s close to $1275 in early European trade this morning, and silver was hammered, falling 60 cents to $16.40.

Last year, gold fell between the last week of November and 15 December from $1184 to $1128. And in 2015, gold fell from $1075 to $1050 on 17 December. In both these cases, the December lows marked the end of significant declines, and were followed by strong rallies. In both these cases, the Fed signalled a rise in the Fed funds rate, well in advance. They were classic cases of sell the story, buy the fact. Read More

12.02.17- The War on Gold Intensifies: It Betrays the Elitists’ Panic and Augurs Their Coming Defeat
Stewart Dougherty

“If you know the enemy and know yourself, you need not fear the result of a hundred battles. If you know yourself but not the enemy, for every victory gained, you will also suffer a defeat. If you know neither the enemy nor yourself, you will succumb in every battle.” Sun Tzu, The Art of War

Magicians use distraction, deflection and misdirection to conduct their tricks. They get their audiences to look to the left while they perform their magic undetected on the right. So do con artists and swindlers.

George H. W. Bush, in a speech delivered to a joint session of Congress on 11 September 1990 entitled “Toward a New World Order,” headlined a geopolitical theme that has garnered a great deal of attention ever since. And while Bush was not the first person to use the term, it struck a global nerve when he invoked it. Read More

12.01.17-Breaking My Silence Regarding A Long-Time Silverbug Turning His Back On Silver
Bill Holter

“Every one is entitled to their opinions even if it defies logic…”

So many have contacted me recently regarding Andy Hoffman’s sudden flip flop on silver that I feel it necessary to comment publicly.  To be clear, this is not a “hit piece” on Andy, rather using logic and common sense I hope it is some comfort for those worried.  I believe what and “how” Andy has acted can be classified as irresponsible for several reasons. Read More


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