October, 2015

Little Change to Supply and Demand Report 25 Oct, 2015

At the risk of being boring, there’s not a lot to say about the markets for gold and silver this week (and frankly being on a challenging travel itinerary, flying from Vienna to Sydney to give a keynote at the Gold Symposium this week, is part of it). There was a modest drop in the […]

Hedging in the Gold Miners

There are two ways to run a gold mining company. One respects the simple fact that it is producing money. It is not eager to trade its the money it produces for government paper, legal tender laws be damned. It keeps its books in gold, and produces and trades to earn more money (i.e. gold). […]

And Then There Was None (Backwardation) 18 Oct, 2015

The dollar dropped about half a milligram gold, and 50mg silver. But who wants to read about the universal currency falling, failing? Few people are so barbarous as to think of the dollar’s value as being priced in terms a monetary metal. As all right thinking folks know, the value of these commodities is only […]

The Decline and Fall of Silver Backwardation 11 Oct, 2015

The gold price moved up $18. However, the silver price moved up 60 cents which is a much bigger percentage. The silver community is getting pretty excited. A market trend will often begin when a small number of traders learn something new. As they begin buying (or selling), the price begins to move. Others become […]

Larry Parks interviews Keith Weiner

Larry Parks is Executive Director of Foundation for the Advancement of Monetary Education. Some of the topics covered in this interview include: What isn’t the problem with the Fed and the dollar? Forget about the spin, what is the real purpose of the Fed? What does it do to labor? What does it do to […]

Silver Price Spikes, But What Demand 4 Oct, 2015

For a few frenzied minutes, while everyone was sleeping, the price of silver spiked 56 cents. Well, at least the West Coast of America was sleeping. It began at 8:30 in New York, where presumably most traders were not sleeping. And of course, it was afternoon here in London (where Monetary Metals just held a […]