Basic Reports

Gold and Silver Fundamentals Up, Report 28 August, 2016

The dollar exchange rates of the metals fell this week, with that of silver falling more. Friday’s trading action was notable, because at first markets (including the US stock market) interpreted comments by Fed Chair Janet Yellen as “dovish”—i.e. low interest rates will continue. This means rising money supply, and everyone “knows” that that means […]

Silver Is in a Different World, Report 21 August, 2016

Measured in gold, the price of the dollar hardly budged this week. It fell less than one tenth of a milligram, from 23.29 to 23.20mg. However, in silver terms, it’s a different story. The dollar became more valuable, rising from 1.58 to 1.61 grams. Most people would say that gold went up $6 and silver […]

Gold and Silver Supply and Demand Report, 14 August, 2016

The prices of the metals didn’t change much this week. We thought we would take this opportunity to quote Warren Buffet. His comment at Harvard in 1998 earns him the despite of the gold community. “Gold gets dug out of the ground in Africa, or someplace. Then we melt it down, dig another hole, bury […]

The Great Silver Bubble, Report 7 August, 2016

The price of gold was down about fifteen Federal Reserve Notes this week. The price of silver was down sixty-two copper-plated zinc pennies. Is the Federal Reserve Note a suitable instrument with which to measure gold? Can one really use debased pennies—which aren’t even made of the base metal copper any more—to measure the value […]